CONSOLIDATED BALANCE SHEETS (USD $)	Dec. 31, 2014	Dec. 31, 2013
Current assets
Cash and cash equivalents	$ 6,017,076	$ 2,678,628
Accounts receivable, net	9,936,948us-gaap_AccountsReceivableNetCurrent	11,714,813us-gaap_AccountsReceivableNetCurrent
Accounts receivable, net - related party (Note 10)	3,150,000	0
Inventory	12,620,616us-gaap_InventoryNet	8,540,459us-gaap_InventoryNet
Prepaid expenses	1,245,307us-gaap_PrepaidExpenseCurrent	1,161,721us-gaap_PrepaidExpenseCurrent
Costs in excess of billings on uncompleted contracts	779,285	0
Total current assets	33,749,232us-gaap_AssetsCurrent	24,095,621us-gaap_AssetsCurrent
Non-current assets
Fixed assets	59,919,721us-gaap_PropertyPlantAndEquipmentGross	16,444,346us-gaap_PropertyPlantAndEquipmentGross
Less accumulated depreciation	(3,758,373)	(1,353,170)
Net fixed assets	56,161,348us-gaap_PropertyPlantAndEquipmentNet	15,091,176us-gaap_PropertyPlantAndEquipmentNet
Notes receivable - related party (Note 11)	8,308,000	0
Intangible assets, net	18,512,960us-gaap_FiniteLivedIntangibleAssetsNet	15,098,545us-gaap_FiniteLivedIntangibleAssetsNet
Goodwill	4,922,353us-gaap_Goodwill	4,502,743us-gaap_Goodwill
Deferred financing cost, net	2,191,888	74,271
Deferred tax assets	9,495,000us-gaap_DeferredTaxAssetsNetNoncurrent	5,684,000us-gaap_DeferredTaxAssetsNetNoncurrent
Other assets	481,450us-gaap_OtherAssetsNoncurrent	0us-gaap_OtherAssetsNoncurrent
Total non-current assets	100,072,999us-gaap_AssetsNoncurrent	40,450,735us-gaap_AssetsNoncurrent
TOTAL ASSETS	133,822,231us-gaap_Assets	64,546,356us-gaap_Assets
Current liabilities
Accounts payable and accrued expenses	21,984,136	14,096,185
Capital leases	492,755us-gaap_CapitalLeaseObligationsCurrent	0us-gaap_CapitalLeaseObligationsCurrent
Current portion of long-term debt	40,136,584us-gaap_LongTermDebtCurrent	1,956,847us-gaap_LongTermDebtCurrent
Deferred revenue	463,210us-gaap_DeferredRevenueCurrent	0us-gaap_DeferredRevenueCurrent
Total current liabilities	63,076,685us-gaap_LiabilitiesCurrent	16,053,032us-gaap_LiabilitiesCurrent
Long-term liabilities
Long-term debt	1,867,574us-gaap_LongTermDebtNoncurrent	6,558,851us-gaap_LongTermDebtNoncurrent
Contingent consideration	6,069,000	3,220,250
Deferred tax liabilities	4,189,000	378,000
Total liabilities	75,202,259us-gaap_Liabilities	26,210,133us-gaap_Liabilities
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 630,419 and 1,319,002 issued and outstanding at December 31, 2014 and December 31, 2013, respectively	630us-gaap_PreferredStockValue	1,319us-gaap_PreferredStockValue
Common stock, $0.001 par value per share; 750,000,000 shares authorized; 28,108,105 and 21,205,609 issued and outstanding at December 31, 2014 and December 31, 2013, respectively	28,109us-gaap_CommonStockValue	21,206us-gaap_CommonStockValue
Additional paid-in capital	46,595,472us-gaap_AdditionalPaidInCapital	19,579,732us-gaap_AdditionalPaidInCapital
Retained earnings	11,995,761	17,542,004
Total Vertex Energy, Inc. stockholders' equity	58,619,972us-gaap_StockholdersEquity	37,144,261us-gaap_StockholdersEquity
Non-controlling interest	0us-gaap_MinorityInterest	1,191,962us-gaap_MinorityInterest
Total equity	58,619,972	38,336,223
TOTAL LIABILITIES AND EQUITY	$ 133,822,231	$ 64,546,356

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.

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Balance Type:	credit
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