Ascent Industries Co. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Cover Page
Financial Statements
Notes to Financial Statements
Accounting Policies
- Basis of Presentation (Policies)
Notes Tables
Notes Details
Uncategorized
- Uncategorized Items - synl-20200930.htm

Fair Value of Financial Instruments - Narrative (Details)

v3.20.2

Fair Value of Financial Instruments - Narrative (Details)	3 Months Ended			9 Months Ended
	Sep. 30, 2020 USD ($) financial_instrument shares	Jun. 30, 2020 USD ($)	Sep. 30, 2019 USD ($)	Sep. 30, 2020 USD ($) financial_instrument shares	Sep. 30, 2019 USD ($)	Dec. 31, 2019 USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Realized gain (loss) on sale of equity securities				$ (38,000)	$ 474,000
Unrealized gains on equity securities				208,000	(282,000)
Net realizable value	$ 89,007,000			89,007,000		$ 98,186,000
Goodwill impairment	$ 10,748,000		$ 0	$ 10,748,000	$ 0
Welded Pipe & Tube
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value less than carrying value	9.70%			9.70%
Goodwill impairment	$ 10,700,000	$ 0
Fair Value, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Sale of shares equity securities investments (in shares) \| shares	494,074			1,200,000
Realized gain (loss) on sale of equity securities	$ (69,375)			$ (37,954)
Unrealized gains on equity securities	0			200,000
Fair value of equity securities	$ 0			$ 0		4,300,000
Derivative asset, number of instruments held \| financial_instrument	1			1
$20 million Term loan, due February 1, 2024 \| Interest Rate Swap \| Level 2 Inputs \| Fair Value, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liability	$ 100,000			$ 100,000
Derivative asset						$ 6,088
Palmer of Texas \| Fair Value, Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realizable value		2,100,000
Fair value		1,700,000
Asset impairments		$ 6,100,000

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