CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Current assets
Cash and cash equivalents	$ 1,349,831	$ 1,105,787
Restricted cash	1,500,000	0
Accounts receivable, net	9,027,990	11,288,991
Federal income tax receivable	137,212	0
Inventory	8,091,397	6,304,842
Derivative commodity asset	695,941	0
Prepaid expenses	2,740,541	1,771,832
Total current assets	23,542,912	20,471,452
Fixed assets, at cost	67,212,486	65,237,652
Less accumulated depreciation	(19,927,479)	(16,617,824)
Fixed assets, net	47,285,007	48,619,828
Goodwill and other intangible assets, net	12,578,519	14,499,354
Deferred tax asset	137,211	274,423
Other assets	616,759	440,417
TOTAL ASSETS	84,160,408	84,305,474
Current liabilities
Accounts payable	8,791,529	7,826,016
Accrued expenses	2,535,347	2,492,722
Dividends payable	403,002	420,713
Capital leases-current	95,857	0
Current portion of long-term debt, net of unamortized finance costs	1,325,240	1,616,926
Revolving note	3,844,636	4,591,527
Total current liabilities	16,995,611	16,947,904
Long-term debt, net of unamortized finance costs	14,402,179	13,531,179
Capital leases-long-term	276,355	0
Contingent consideration	15,564	236,680
Derivative warrant liability	1,481,692	2,245,408
Total liabilities	33,171,401	32,961,171
COMMITMENTS AND CONTINGENCIES (Note 4)	0	0
TEMPORARY EQUITY
Series B and B1 preferred shares	22,179,963	22,959,945
EQUITY
Common stock, $0.001 par value per share; 750,000,000 shares authorized; 40,174,821 and 32,658,176 issued and outstanding at December 31, 2018 and 2017, respectively.	40,175	32,658
Additional paid-in capital	75,131,122	67,768,509
Accumulated deficit	(47,800,886)	(39,816,300)
Total Vertex Energy, Inc. stockholders' equity	27,370,831	27,985,353
Non-controlling interest	1,438,213	399,005
Total Equity	28,809,044	28,384,358
TOTAL LIABILITIES, TEMPORARY EQUITY AND EQUITY	84,160,408	84,305,474
Series B Preferred Stock
TEMPORARY EQUITY
Series B and B1 preferred shares	8,900,208	7,190,467
Series B1 Preferred Stock
TEMPORARY EQUITY
Series B and B1 preferred shares	13,279,755	15,769,478
Series A Preferred
EQUITY
Series A and C Preferred Stock	$ 420	454
Series C Preferred
EQUITY
Series A and C Preferred Stock		$ 32

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Name:	us-gaap_AccountsPayableCurrent
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