CONSOLIDATED BALANCE SHEETS - USD ($)	Sep. 30, 2020	Dec. 31, 2019
Current assets
Cash and cash equivalents	$ 15,552,980	$ 4,099,655
Restricted cash	100,125	100,170
Accounts receivable, net	9,090,927	12,138,078
Federal income tax receivable	0	68,606
Inventory	3,584,317	6,547,479
Prepaid expenses and other current assets	4,597,361	4,452,920
Total current assets	32,925,710	27,406,908
Noncurrent assets
Fixed assets, at cost	73,444,184	69,469,548
Less accumulated depreciation	(28,175,982)	(24,708,151)
Fixed assets, net	45,268,202	44,761,397
Finance lease right-of-use assets	1,640,694	851,570
Operating lease right-of use assets	34,014,076	35,586,885
Intangible assets, net	9,880,310	11,243,800
Deferred income taxes	0	68,605
Other assets	1,424,288	840,754
TOTAL ASSETS	125,153,280	120,759,919
Current liabilities
Accounts payable	8,275,862	7,620,098
Accrued expenses	3,312,018	5,016,132
Dividends payable	591,763	389,176
Finance lease liability-current	489,974	217,164
Operating lease liability-current	5,830,681	5,885,304
Current portion of long-term debt, net of unamortized finance costs	4,867,167	2,017,345
Derivative commodity liability	23,995	375,850
Revolving note	0	3,276,230
Total current liabilities	23,391,460	24,797,299
Long-term liabilities
Long-term debt, net of unamortized finance costs	8,297,605	12,433,000
Finance lease liability-long-term	1,072,623	610,450
Operating lease liability-long-term	28,183,395	29,701,581
Derivative warrant liability	124,847	1,969,216
Total liabilities	61,069,930	69,511,546
COMMITMENTS AND CONTINGENCIES (Note 3)	0	0
TEMPORARY EQUITY
Series B and B-1 preferred shares	52,903,491	28,146,347
Redeemable non-controlling interest	29,928,211	4,396,894
EQUITY
Common stock, $0.001 par value per share; 750,000,000 shares authorized; 45,554,841 and 43,395,563 shares issued and outstanding at September 30, 2020 and December 31, 2019, respectively.	45,555	43,396
Additional paid-in capital	94,404,520	81,527,351
Accumulated deficit	(84,323,362)	(59,246,514)
Total Vertex Energy, Inc. stockholders' equity	10,127,133	22,324,653
Non-controlling interest	1,052,726	777,373
Total Equity	11,179,859	23,102,026
TOTAL LIABILITIES, TEMPORARY EQUITY, AND EQUITY	125,153,280	120,759,919
Series B Preferred Stock
TEMPORARY EQUITY
Series B and B-1 preferred shares	12,408,119	11,006,406
Series B1 Preferred Stock
TEMPORARY EQUITY
Series B and B-1 preferred shares	10,567,161	12,743,047
Series A Preferred Stock
EQUITY
50,000,000 of total Preferred shares authorized: Series A Convertible Preferred Stock, $0.001 par value; 5,000,000 shares designated, 419,859 and 419,859 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively with a liquidation preference of $625,590 and $625,590 at June 30, 2020 and December 31, 2019, respectively.	420	420
Series C Preferred Stock
EQUITY
50,000,000 of total Preferred shares authorized: Series A Convertible Preferred Stock, $0.001 par value; 5,000,000 shares designated, 419,859 and 419,859 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively with a liquidation preference of $625,590 and $625,590 at June 30, 2020 and December 31, 2019, respectively.	$ 0	$ 0