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Disclosure of Supplemental Cash Flow Information | 12 Months Ended
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Dec. 31, 2012
Cash Flow, Supplemental Disclosures [Text Block] | Olympic Steel, Inc. Supplemental Disclosures of Cash Flow Information (in thousands)
|  | 2012 |  |  | 2011 |  |  | 2010 |
Cash paid during the period |  |  |  |  |  |  |  |  |
Interest paid |  | $ | 7,295 |  |  | $ | 5,081 |  |  | $ | 1,672 |
Income taxes paid (refunded) |  | $ | 6,940 |  |  | $ | 9,159 |  |  | $ | (36,355 | )
Details of acquisition |  |  |  |  |  |  |  |  |  |  |  |
Fair value of CTI assets acquired |  | $ | - |  |  | $ | 217,015 |  |  | $ | - |
Fair value of CTI liabilities acquired |  |  | - |  |  |  | 57,159 |  |  |  | - |
Cash paid |  |  | - |  |  |  | 159,856 |  |  |  | - |
Less: Cash acquired |  |  | - |  |  |  | 11,097 |  |  |  | - |
Net cash paid for CTI acquisition |  | $ | - |  |  | $ | 148,759 |  |  | $ | - |
The Company incurred a capital lease obligation of $1.6 million when it entered into a lease for its warehouse in Streetsboro, Ohio during the third quarter of 2011. This non-cash transaction has been excluded from the Consolidated Statements of Cash Flows for the twelve months ended December 31, 2011.

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- Definition The entire disclosure for supplemental cash flow activities, including cash, noncash, and part noncash transactions, for the period. Noncash is defined as information about all investing and financing activities of an enterprise during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4332-108586 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4313-108586 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4304-108586 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 32 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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Balance Type: | na
Period Type: | duration