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Business Segment Information
3 Months Ended
Mar. 31, 2012
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]
 
Note 8—Business Segment Information
 
The Company owns 99.3% of its subsidiary, GEIC, which owns 98.9% of IDT Energy and 92% of GOGAS. The Company has two reportable business segments: IDT Energy, an REP supplying electricity and natural gas to residential and small business customers in the Northeastern United States, and Genie Oil and Gas, which is pioneering technologies to produce clean and affordable transportation fuels from the world's abundant oil shales and other unconventional fuel resources. The Genie Oil and Gas segment consists of (1) a 50% interest in AMSO, LLC, the Company’s oil shale initiative in Colorado, and (2) an 89% interest in IEI, the Company’s oil shale initiative in Israel. Corporate costs include unallocated compensation, consulting fees, legal fees, business development expenses and other corporate-related general and administrative expenses. Corporate does not generate any revenues, nor does it incur any direct cost of revenues.
 
The Company’s reportable segments are distinguished by types of service, customers and methods used to provide their services. The operating results of these business segments are regularly reviewed by the Company’s chief operating decision maker.
 
The accounting policies of the segments are the same as the accounting policies of the Company as a whole. The Company evaluates the performance of its business segments based primarily on operating income (loss). There are no significant asymmetrical allocations to segments.
 
Operating results for the business segments of the Company are as follows:
 
(in thousands)
 
IDT
Energy
   
Genie Oil and Gas
   
Corporate
   
Total
 
Three Months Ended March 31, 2012
                       
Revenues
  $ 57,505     $     $     $ 57,505  
Income (loss) from operations
    7,370       (3,096 )     (1,581 )     2,693  
Research and development
          2,091       2       2,093  
Equity in the net loss of AMSO, LLC
          839             839  
                                 
Three Months Ended March 31, 2011
                               
Revenues
  $ 63,426     $     $     $ 63,426  
Income (loss) from operations
    9,858       (3,127 )     (256 )     6,475  
Research and development
          2,300             2,300  
Equity in the net loss of AMSO, LLC
          669             669