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

Annual report pursuant to Section 13 and 15(d)

Acquisitions - Narrative (Details)

Acquisitions - Narrative (Details) - USD ($)				3 Months Ended		6 Months Ended	10 Months Ended	12 Months Ended
Acquisitions - Narrative (Details) - USD ($)	Jul. 01, 2018	Mar. 01, 2017	Feb. 28, 2017	Dec. 31, 2018	Jun. 30, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Jun. 29, 2018	Mar. 31, 2017	Dec. 09, 2016
Business Acquisition [Line Items]
Acquisition related costs								$ 1,211,797	$ 794,983	$ 106,227
Goodwill				$ 9,799,992		$ 9,799,992	$ 6,003,525	9,799,992	6,003,525	1,354,730
Lease term											20 years
Level 3 Inputs
Business Acquisition [Line Items]
Fair value of earn-out liability				7,609,384		7,609,384	4,833,850	7,609,384	4,833,850	$ 0
Marcegalia USA, Inc. - Galvanized
Business Acquisition [Line Items]
Purchase price	$ 10,378,281
Contingent consideration earn-out period	4 years
Percentage of earn-out payments	3.00%
Forecasted earn-out payments	$ 4,244,939
Fair value of earn-out payments	3,800,298			3,800,298		3,800,298		3,800,298
Purchase accounting adjustment for intangible assets				251,000		251,000
Goodwill, purchase accounting adjustments				251,000		251,000
Goodwill	3,545,467			3,796,467		3,796,467		3,796,467
Intangible assets	$ 1,424,000			1,173,000		1,173,000		1,173,000
Net sales								11,876,733
Income before income taxes								64,971
Marcegalia USA, Inc. - Galvanized \| Acquisition-related Costs
Business Acquisition [Line Items]
Acquisition related costs								666,357
Marcegalia USA, Inc. - Galvanized \| Customer List
Business Acquisition [Line Items]
Amortization period for intangible assets	15 years
Marcegalia USA, Inc. - Galvanized \| Level 3 Inputs
Business Acquisition [Line Items]
Fair value of earn-out liability				3,357,800		3,357,800		3,357,800
Marcegalia USA, Inc. - Galvanized \| Level 3 Inputs \| Other Current Liabilities
Business Acquisition [Line Items]
Fair value of earn-out liability				$ 990,823		$ 990,823		$ 990,823
Marcegalia USA, Inc. - Galvanized \| Measurement Input, Discount Rate
Business Acquisition [Line Items]
Discount rate applied to earn-out payments	0.05
Marcegalia USA, Inc. - Stainless
Business Acquisition [Line Items]
Purchase price			$ 14,953,513
Fair value of earn-out payments			3,604,330		$ 4,663,783		4,663,783		4,663,783			$ 3,604,330
Goodwill, purchase accounting adjustments							1,059,453
Goodwill			3,589,342		4,648,795		4,648,795		4,648,795			$ 3,589,342
Intangible assets			$ 992,000				992,000		992,000
Escrow deposit													$ 3,000,000
Goodwill and earn-out liability, provisional adjustment					$ 1,059,453		$ 1,059,453
Net sales									25,766,689
Income before income taxes									$ 245,408
Monthly lease payment		$ 33,333
Lease term		15 months
Marcegalia USA, Inc. - Stainless \| Earn-Out Payment
Business Acquisition [Line Items]
Contingent consideration earn-out period			4 years
Percentage of earn-out payments			3.00%
Forecasted earn-out payments			$ 4,063,204
Contingent consideration payment, lower limit			3,000,000
Estimated earn out payments, discounted			$ 3,604,330
Discount rate applicable to future revenue			5.00%
Marcegalia USA, Inc. - Stainless \| Customer List
Business Acquisition [Line Items]
Amortization period for intangible assets									15 years