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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 101,864 $ 102,220
Restricted cash 40 591
Trade accounts receivable, net of allowance for doubtful accounts of $130 at March 31, 2012 and December 31, 2011 27,459 23,959
Inventory 980 4,067
Prepaid expenses 3,110 3,953
Deferred income tax assets—current portion 3,198 3,081
Other current assets 963 1,626
Total current assets 137,614 139,497
Property, plant and equipment, net 426 446
Goodwill 3,663 3,663
Deferred income tax assets—long-term portion 1,819 2,026
Other assets 3,856 2,309
Total assets 147,378 147,941
Current liabilities:    
Trade accounts payable 12,605 12,929
Accrued expenses 8,757 9,152
Income taxes payable 3,215 2,624
Dividends payable 758 1,148
Due to IDT Corporation 614 757
Other current liabilities 96 1,032
Total current liabilities 26,045 27,642
Commitments and Contingencies      
Genie Energy Ltd. stockholders’ equity:    
Preferred stock, $.01 par value; authorized shares—10,000; no shares issued 0 0
Additional paid-in capital 92,491 92,321
Treasury stock, at cost, consisting of 16 and nil shares of Class B common stock at March 31, 2012 and December 31, 2011, respectively (133) 0
Accumulated other comprehensive loss (103) (137)
Retained earnings 34,770 34,924
Total Genie Energy Ltd. stockholders’ equity 127,255 127,338
Noncontrolling interests:    
Noncontrolling interests (4,922) (6,039)
Receivable for issuance of equity (1,000) (1,000)
Total noncontrolling interests (5,922) (7,039)
Total equity 121,333 120,299
Total liabilities and equity 147,378 147,941
Common Stock Class A
    
Genie Energy Ltd. stockholders’ equity:    
Common stock, value 16 16
Common Stock Class B
    
Genie Energy Ltd. stockholders’ equity:    
Common stock, value $ 214 $ 214