CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Current assets
Cash and cash equivalents	$ 4,099,655	$ 1,249,831
Restricted cash	100,170	1,600,000
Accounts receivable, net	12,138,078	9,027,990
Federal income tax receivable	68,606	137,212
Inventory	6,547,479	8,091,397
Derivative commodity asset	0	695,941
Prepaid expenses and other current assets	4,452,920	2,740,541
Total current assets	27,406,908	23,542,912
Fixed assets, at cost	69,469,548	66,762,388
Less accumulated depreciation	(24,708,151)	(19,874,896)
Fixed assets, net	44,761,397	46,887,492
Finance lease right-of-use assets	851,570
Finance lease right-of-use assets		397,515
Operating lease right-of-use assets	35,586,885
Intangible assets, net	11,243,800	12,578,519
Deferred income taxes	68,605	137,211
Other assets	840,754	616,759
TOTAL ASSETS	120,759,919	84,160,408
Current liabilities
Accounts payable	7,620,098	8,791,529
Accrued expenses	5,016,132	2,535,347
Dividends payable	389,176	403,002
Finance lease-current	217,164
Finance lease-current		95,857
Operating lease-current	5,885,304
Current portion of long-term debt, net of unamortized finance costs	2,017,345	1,325,240
Revolving note	3,276,230	3,844,636
Derivative commodity liability	375,850	0
Total current liabilities	24,797,299	16,995,611
Long-term debt, net of unamortized finance costs	12,433,000	14,402,179
Finance lease-long-term	610,450
Finance lease-long-term		276,355
Operating lease-long-term	29,701,581
Contingent consideration	0	15,564
Derivative warrant liability	1,969,216	1,481,692
Total liabilities	69,511,546	33,171,401
COMMITMENTS AND CONTINGENCIES (Note 4)	0	0
TEMPORARY EQUITY
Redeemable non-controlling interest	4,396,894	0
Total Temporary Equity	28,146,347	22,179,963
EQUITY
Common stock, $0.001 par value per share; 750,000,000 shares authorized; 43,395,563 and 40,174,821 issued and outstanding at December 31, 2019 and 2018, respectively.	43,396	40,175
Additional paid-in capital	81,527,351	75,131,122
Accumulated deficit	(59,246,514)	(47,800,886)
Total Vertex Energy, Inc. stockholders' equity	22,324,653	27,370,831
Non-controlling interest	777,373	1,438,213
Total Equity	23,102,026	28,809,044
TOTAL LIABILITIES, TEMPORARY EQUITY AND EQUITY	120,759,919	84,160,408
Series B Preferred Stock
TEMPORARY EQUITY
Total Temporary Equity	11,006,406	8,900,208
Series B1 Preferred Stock
TEMPORARY EQUITY
Total Temporary Equity	12,743,047	13,279,755
Series A Convertible Preferred Stock
EQUITY
Preferred stock value	$ 420	$ 420