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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Income Statement [Abstract]        
Revenues $ 32,470,451 $ 28,461,930 $ 104,153,844 $ 67,022,978
Cost of revenues (exclusive of depreciation shown separately below) 28,390,891 22,462,171 90,579,044 56,001,697
Gross profit (loss) 4,079,560 5,999,759 13,574,800 11,021,281
Operating expenses:        
Selling, general and administrative expenses 5,690,761 5,025,221 16,280,495 15,285,142
Depreciation and amortization 1,697,821 1,560,562 4,942,911 4,707,801
Total operating expenses 7,388,582 6,585,783 21,223,406 19,992,943
Loss from operations (3,309,022) (586,024) (7,648,606) (8,971,662)
Other income (expense):        
Interest income 1,519 1,490 5,748 4,452
Gain (loss) on sale of assets 25,693 (68,799) (13,806) 9,633,034
Gain (loss) on change in value of derivative liability 1,371,461 1,065,217 2,676,902 724,185
Gain (loss) on futures contracts (305,570) (90,061) (285,000) (351,820)
Interest expense (733,459) (399,545) (2,688,394) (2,721,056)
Total other income (expense) 359,644 508,302 (304,550) 7,288,795
Loss before income tax (2,949,378) (77,722) (7,953,156) (1,682,867)
Income tax benefit (expense) 0 0 0 117,646
Net loss (2,949,378) (77,722) (7,953,156) (1,565,221)
Net income (loss) attributable to non-controlling interest 34,554 30,234 94,690 (11,193)
Net loss attributable to Vertex Energy, Inc. (2,983,932) (107,956) (8,047,846) (1,554,028)
Accretion of discount on Series B and B-1 Preferred Stock (424,480) (435,134) (1,267,778) (1,293,669)
Accrual of dividends on Series B and B-1 Preferred Stock (420,713) (504,474) (1,256,921) (6,695,506)
Net loss available to common shareholders $ (3,829,125) $ (1,047,564) $ (10,572,545) $ (9,543,203)
Loss per common share        
Basic (in USD per share) $ (0.12) $ (0.03) $ (0.32) $ (0.32)
Diluted (in USD per share) $ (0.12) $ (0.03) $ (0.32) $ (0.32)
Shares used in computing earnings per share        
Basic (shares) 32,655,135 30,576,485 32,651,961 29,884,836
Diluted (shares) 32,655,135 30,576,485 32,651,961 29,884,836