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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Income Statement [Abstract]        
Revenues $ 24,428,444 $ 49,119,711 $ 38,561,048 $ 86,804,050
Cost of revenues 19,168,398 43,635,177 33,539,526 81,643,633
Gross profit 5,260,046 5,484,534 5,021,522 5,160,417
Operating expenses:        
Selling, general and administrative expenses (exclusive of acquisition related expenses) 4,688,035 5,641,250 10,184,022 11,011,278
Depreciation and amortization expense 1,553,655 1,561,314 3,147,239 3,118,296
Acquisition related expenses 26,523 0 75,899 157,678
Total operating expenses 6,268,213 7,202,564 13,407,160 14,287,252
Loss from operations (1,008,167) (1,718,030) (8,385,638) (9,126,835)
Other income (expense):        
Provision for doubtful accounts 0 0 0 (2,650,000)
Other income 2,486 10 2,963 18
Loss on sale of assets 0 0 (46,728) (57,660)
Gain on sale of assets 0 12,818 9,748,561 0
Gain (loss) on change in value of derivative liability 1,645,288 1,816,982 (341,032) 1,816,982
Loss on futures contracts (317,675) 0 (261,759) 0
Interest expense (406,019) (556,975) (2,321,511) (2,088,155)
Total other income (expense) 924,080 1,272,835 6,780,494 (2,978,815)
Loss before income tax (84,087) (445,195) (1,605,144) (12,105,650)
Income tax benefit/(expense) 0 0 117,646 (5,306,000)
Net loss (84,087) (445,195) (1,487,498) (17,411,650)
Net loss attributable to non-controlling interest (41,427) 0 (41,427)
Net loss attributable to Vertex Energy, Inc. (42,660) (445,195) (1,446,071) (17,411,650)
Accretion of discount on Series B and B-1 Preferred Stock (471,877) 0 (858,535) 0
Accrual of dividends on Series B and B-1 Preferred Stock and retirement of a portion of Series B Preferred discount (5,817,327) 0 (6,191,033) 0
Net loss available to common shareholders $ (6,331,864) $ (445,195) $ (8,495,639) $ (17,411,650)
Loss per common share        
Basic (in USD per share) $ (0.21) $ (0.02) $ (0.29) $ (0.62)
Diluted (in USD per share) $ (0.21) $ (0.02) $ (0.29) $ (0.62)
Shares used in computing earnings per share        
Basic (shares) 29,765,702 28,130,575 29,535,212 28,124,492
Diluted (shares) 29,765,702 28,130,575 29,535,212 28,124,492