CONSOLIDATED BALANCE SHEETS (unaudited) (USD $)	Jun. 30, 2014	Dec. 31, 2013
Current assets
Cash and cash equivalents	$ 19,651,831	$ 2,678,628
Accounts receivable, net	13,952,805	11,714,813
Accounts receivable-related party	9,335,321	0
Inventory	16,412,448	8,540,459
Prepaid expenses	3,530,682	1,161,721
Total current assets	62,883,087	24,095,621
Noncurrent assets
Other assets	2,925,096	0
Fixed assets, net	46,725,108	15,091,176
Intangible assets, net	16,733,683	15,172,816
Goodwill	4,922,353	4,502,743
Deferred federal income tax	5,684,000	5,684,000
Total noncurrent assets	76,990,240	40,450,735
TOTAL ASSETS	139,873,327	64,546,356
Current liabilities
Accounts payable and accrued expenses	26,004,141	14,096,185
Capital leases	809,497	0
Current portion of long-term debt	2,417,335	1,956,847
Total current liabilities	29,230,973	16,053,032
Long-term liabilities
Long-term debt	40,173,643	6,558,851
Contingent consideration	5,385,250	3,220,250
Line of credit	304,000	0
Deferred federal income tax	378,000	378,000
Total liabilities	75,471,866	26,210,133
Commitments and contingencies
EQUITY
Preferred stock, $0.001 par value per share: 50,000,000 shares authorized Series A Convertible Preferred stock, $0.001 par value, 5,000,000 authorized and 675,558 and 1,319,002 issued and outstanding at June 30, 2014 and December 31, 2013, respectively	675	1,319
Common stock, $0.001 par value per share; 750,000,000 shares authorized; 25,019,450 and 21,205,609 issued and outstanding at June 30, 2014 and December 31, 2013, respectively	25,019	21,206
Additional paid-in capital	39,189,263	19,579,732
Retained earnings	25,405,251	17,542,004
Total Vertex Energy, Inc. stockholders' equity	64,620,208	37,144,261
Non-controlling interest	(218,747)	1,191,962
Total equity	64,401,461	38,336,223
TOTAL LIABILITIES AND EQUITY	$ 139,873,327	$ 64,546,356