CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)	Sep. 30, 2018	Dec. 31, 2017
Current assets
Cash and cash equivalents	$ 1,840,345	$ 1,105,787
Accounts receivable, net	14,380,264	11,288,991
Federal income tax receivable	137,212	0
Inventory	6,646,171	6,304,842
Prepaid expenses	3,973,105	1,771,832
Total current assets	26,977,097	20,471,452
Noncurrent assets
Fixed assets, at cost	66,781,807	65,237,652
Less accumulated depreciation	(18,671,219)	(16,617,824)
Fixed assets, net	48,110,588	48,619,828
Goodwill and other intangible assets, net	13,210,821	14,499,354
Federal income tax receivable	137,211	274,423
Other assets	694,059	440,417
TOTAL ASSETS	89,129,776	84,305,474
Current liabilities
Accounts payable and accrued expenses	9,805,852	10,318,738
Dividends payable	479,311	420,713
Capital leases-current	92,900	0
Current portion of long-term debt, net of unamortized finance costs	2,167,171	1,616,926
Derivative commodity liability	601,534	0
Revolving note	5,999,733	4,591,527
Total current liabilities	19,146,501	16,947,904
Long-term liabilities
Long-term debt, net of unamortized finance costs	14,483,702	13,531,179
Capital leases-long-term	322,538	0
Contingent consideration	108,564	236,680
Derivative warrant liability	4,370,379	2,245,408
Total liabilities	38,431,684	32,961,171
COMMITMENTS AND CONTINGENCIES (Note 3)	0	0
TEMPORARY EQUITY
Total Temporary Equity	22,819,964	22,959,945
EQUITY
Common stock, $0.001 par value per share; 750,000,000 shares authorized; 38,840,890 and 32,658,176 shares issued and outstanding at September 30, 2018 and December 31, 2017, respectively.	38,841	32,658
Additional paid-in capital	72,974,146	67,768,509
Accumulated deficit	(45,508,871)	(39,816,300)
Total Vertex Energy, Inc. stockholders' equity	27,504,536	27,985,353
Non-controlling interest	373,592	399,005
Total Equity	27,878,128	28,384,358
TOTAL LIABILITIES, TEMPORARY EQUITY, AND EQUITY	89,129,776	84,305,474
Series B Preferred Stock
TEMPORARY EQUITY
Series B and B-1 preferred shares	8,432,160	7,190,467
Series B1 Preferred Stock
TEMPORARY EQUITY
Series B and B-1 preferred shares	14,387,804	15,769,478
Series A Preferred Stock
EQUITY
Preferred stock	420	454
Series C Preferred Stock
EQUITY
Preferred stock	$ 0	$ 32

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

Name:	us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 8
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=109196051&loc=SL49130549-203045

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(3))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682