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

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- BASIS OF PRESENTATION (Policies)
Notes Tables
Notes Details

SALE LEASEBACK TRANSACTION (Details)

v3.8.0.1

SALE LEASEBACK TRANSACTION (Details) - USD ($)		3 Months Ended		9 Months Ended
SALE LEASEBACK TRANSACTION (Details) - USD ($)	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Sale Leaseback Transaction [Line Items]
Sale Leaseback Transaction, Rent Expense		$ 574,633		$ 1,723,898
Minimum Lease Payments, Sale Leaseback Transactions, Remainder of Fiscal Year		482,460		482,460
Minimum Lease Payments, Sale Leaseback Transactions, Next Twelve Months		1,939,489		1,939,489
Minimum Lease Payments, Sale Leaseback Transactions, within Two Years		1,978,279		1,978,279
Minimum Lease Payments, Sale Leaseback Transactions, within Three Years		2,017,845		2,017,845
Minimum Lease Payments, Sale Leaseback Transactions, within Four Years		2,058,201		2,058,201
Minimum Lease Payments, Sale Leaseback Transactions, Thereafter		35,602,349		35,602,349
Sale Leaseback Transaction, Transaction Costs, Investing Activities			$ 102,000
(Gain) loss on sale-leaseback				2,279	$ 2,294,917
Sale Leaseback Transaction, Lease Terms	P20Y
Sale Leaseback Transaction, Deferred Gain, Net, Current		334,273		334,273
Long-term deferred gain, sale-leaseback		6,016,918		6,016,918		$ 6,267,623
Sale-leaseback Transaction [Member]
Sale Leaseback Transaction [Line Items]
(Gain) loss on sale-leaseback		$ (83,568)	$ 2,455,347	$ (250,705)	$ 2,455,347

- Definition

Sale Leaseback Transaction, Deferred Gain, Net, Current

+ References

No definition available.

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- Definition

Sale Leaseback Transaction, Deferred Gain, Net, Non-current

+ References

No definition available.

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- Definition

Amount of gain (loss) on sale or disposal of property, plant and equipment assets, including oil and gas property and timber property.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=66902209&loc=d3e3602-108585

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- Definition

Amount of minimum lease payments for sale-leaseback transactions accounted for using the deposit method or as a financing due in the remainder of the fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.

+ References

No definition available.

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- Definition

Amount of minimum lease payments for sale-leaseback transactions accounted for using the deposit method or as a financing due after the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 840
-SubTopic 40
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6456377&loc=d3e50824-112756

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- Definition

Amount of minimum lease payments for sale-leaseback transactions accounted for using the deposit method or as a financing due in the fourth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.

+ References

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- Definition

Amount of minimum lease payments for sale-leaseback transactions accounted for using the deposit method or as a financing due in the next fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.

+ References

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- Definition

Amount of minimum lease payments for sale-leaseback transactions accounted for using the deposit method or as a financing due in the third fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.

+ References

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- Definition

Amount of minimum lease payments for sale-leaseback transactions accounted for using the deposit method or as a financing due in the second fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.

+ References

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- Definition

A description of the terms of the lease(s) related to the assets being leased-back in connection with the transaction involving the sale of property to another party and the lease of the property back to the seller.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 840
-SubTopic 40
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6456341&loc=d3e50796-112755

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- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

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- Definition

The amount of the current period expense recorded for use of the property in connection with the transaction involving the sale of property to another party and the lease of the property back to the seller.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
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-SubTopic 20
-Section 50
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- Definition

Amount of cash outflow for transaction costs in a sale-leaseback recognized in investing activities. Includes, but is not limited to, closing and debt issuance costs.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-SubTopic 40
-Section 55
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