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Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2018
Segment Reporting [Abstract] |
Schedule of Segment Information | The following table summarizes certain information regarding segments of the Company's operations:
| Three Months Ended |  | Six Months Ended
| Jun 30, 2018 |  | Jun 30, 2017 |  | Jun 30, 2018 |  | Jun 30, 2017
Net sales |  |  |  |  |  |  |
Metals Segment | $ | 56,374,479 |  |  | $ | 39,088,322 |  |  | $ | 101,866,726 |  |  | $ | 68,798,282 |
Specialty Chemicals Segment | 15,519,284 |  |  | 12,422,723 |  |  | 28,507,639 |  |  | 24,916,342 |
| $ | 71,893,763 |  |  | $ | 51,511,045 |  |  | $ | 130,374,365 |  |  | $ | 93,714,624 |
Operating income |  |  |  |  |  |  |
Metals Segment | $ | 9,090,516 |  |  | $ | 2,359,054 |  |  | $ | 15,107,047 |  |  | $ | 3,923,568 |
Specialty Chemicals Segment | 1,106,672 |  |  | 1,137,911 |  |  | 1,970,161 |  |  | 2,645,371 |
Unallocated corporate expenses | 2,219,618 |  |  | 1,601,026 |  |  | 3,722,339 |  |  | 3,158,098 |
Acquisition related costs | 690,217 |  |  | 386,519 |  |  | 690,217 |  |  | 744,996 |
Operating income | 7,287,353 |  |  | 1,509,420 |  |  | 12,664,652 |  |  | 2,665,845 |
Interest expense | 403,852 |  |  | 341,005 |  |  | 717,835 |  |  | 521,320 |
Change in fair value of interest rate swaps | (19,255 | ) |  | 16,927 |  |  | (92,458 | ) |  | (24,503 | )
Earn-out adjustment | 2,307,598 |  |  | (3,391 | ) |  | 2,461,658 |  |  | (3,391 | )
Other loss (income), net | (59,112 | ) |  | — |  |  | 29,185 |  |  | — |
Income before income taxes | $ | 4,654,270 |  |  | $ | 1,154,879 |  |  | $ | 9,548,432 |  |  | $ | 2,172,419 |
| As of |  |
| Jun 30, 2018 |  | Dec 31, 2017 |  |  |  |
Identifiable assets |  |  |  |  |  |  |
Metals Segment | $ | 158,144,084 |  |  | $ | 130,456,857 |  |  |  |  |
Specialty Chemicals Segment | 29,549,710 |  |  | 25,394,078 |  |  |  |  |
Corporate | 14,587,879 |  |  | 4,023,215 |  |  |  |  |
| $ | 202,281,673 |  |  | $ | 159,874,150 |  |  |  |  |
Goodwill |  |  |  |  |  |  |
Metals Segment | $ | 4,648,795 |  |  | $ | 4,648,795 |  |  |  |  |
Specialty Chemicals Segment | 1,354,730 |  |  | 1,354,730 |  |  |  |  |
| $ | 6,003,525 |  |  | $ | 6,003,525 |  |  |  |  |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
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