CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)	Jun. 30, 2018	Dec. 31, 2017
Current assets
Cash and cash equivalents	$ 1,718,830	$ 1,105,787
Accounts receivable, net	12,589,375	11,288,991
Federal income tax receivable	274,423	0
Inventory	8,461,737	6,304,842
Prepaid expenses	1,313,173	1,771,832
Total current assets	24,357,538	20,471,452
Noncurrent assets
Fixed assets, at cost	67,226,898	65,237,652
Less accumulated depreciation	(18,945,357)	(16,617,824)
Fixed assets, net	48,281,541	48,619,828
Goodwill and other intangible assets, net	13,666,774	14,499,354
Federal income tax receivable	0	274,423
Other assets	646,359	440,417
TOTAL ASSETS	86,952,212	84,305,474
Current liabilities
Accounts payable and accrued expenses	12,265,972	10,318,738
Dividends payable	548,904	420,713
Capital leases-current	121,864	0
Current portion of long-term debt, net of unamortized finance costs	906,548	1,616,926
Derivative commodity liability	46,614	0
Revolving note	3,774,730	4,591,527
Total current liabilities	17,664,632	16,947,904
Long-term liabilities
Long-term debt, net of unamortized finance costs	14,532,663	13,531,179
Capital leases-long-term	317,437	0
Contingent consideration	236,680	236,680
Derivative warrant liability	2,201,246	2,245,408
Total liabilities	34,952,658	32,961,171
COMMITMENTS AND CONTINGENCIES (Note 3)	0	0
TEMPORARY EQUITY
Total Temporary Equity	24,032,300	22,959,945
EQUITY
Common stock, $0.001 par value per share; 750,000,000 shares authorized; 33,357,538 and 32,658,176 shares issued and outstanding at June 30, 2018 and December 31, 2017, respectively.	33,358	32,658
Additional paid-in capital	69,185,118	67,768,509
Accumulated deficit	(41,832,954)	(39,816,300)
Total Vertex Energy, Inc. stockholders' equity	27,385,974	27,985,353
Non-controlling interest	581,280	399,005
Total Equity	27,967,254	28,384,358
TOTAL LIABILITIES, TEMPORARY EQUITY, AND EQUITY	86,952,212	84,305,474
Series B Preferred Stock
TEMPORARY EQUITY
Series B and B-1 preferred shares	7,931,530	7,190,467
Series B1 Preferred Stock
TEMPORARY EQUITY
Series B and B-1 preferred shares	16,100,770	15,769,478
Series A Preferred Stock
EQUITY
Preferred stock	420	454
Series C Preferred Stock
EQUITY
Preferred stock	$ 32	$ 32