Ascent Industries Co. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Leases (Details)

v3.8.0.1

Leases (Details) - USD ($)		3 Months Ended		12 Months Ended
Leases (Details) - USD ($)	Sep. 30, 2016	Dec. 31, 2016	Sep. 30, 2016	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Sale Leaseback Transaction, Gross Proceeds, Investing Activities	$ 22,000,000
Sale Leaseback Transaction, Historical Cost	17,769,883		$ 17,769,883
(Gain) loss on sale-leaseback				$ 25,730	$ 2,294,917	$ (18,277)
Sale Leaseback Transaction, Deferred Gain, Gross	$ (6,685,464)		$ (6,685,464)	(334,273)
Sale Leaseback Transaction, Lease Terms	P20Y
Sale Leaseback Transaction, Other Information	P10Y
Capital leases, future minimum payments - 2018				85,464
Capital leases, future minimum payments - 2019				85,464
Capital leases, future minimum payments - 2020				70,080
Capital leases, future minimum payments - 2021				38,781
Capital leases, future minimum payments - 2022				18,407
Capital Leases, Future Minimum Payments Due				298,196
Capital Leases, Future Minimum Payments, Interest Included in Payments				15,177
Capital Leases, Future Minimum Payments, Present Value of Net Minimum Payments				283,019
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
Operating leases, future minimum lease payments - 2018				2,744,596
Operating leases, future minimum lease payments - 2019				2,861,487
Operating leases, future minimum lease payments - 2020				2,903,841
Operating leases, future minimum lease payments - 2021				2,892,396
Operating leases, future minimum lease payments - 2022				2,883,906
Operating leases, future minimum payments, due thereafter				33,783,129
Operating lease rent expense				3,339,600	1,143,895	685,903
Sale Leaseback Transaction, Net Proceeds, Investing Activities	$ 21,925,000
Sale Leaseback, Transaction Rent Escalator	1.25		1.25
Sale Leaseback Transaction, Maximum Rent Increase (percent)	2.00%		2.00%
Sale-leaseback Transaction [Member]
(Gain) loss on sale-leaseback	$ (2,455,347)	$ 83,568	$ (2,455,347)	$ (334,273)	$ 2,371,778	$ 0

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Amount of minimum lease payments for capital leases due in 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.

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

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The amount of the gain recorded in connection with the transaction involving the sale of property to another party and the lease of the property back to the seller to be recognized in future periods.

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