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Business Segment Information
 9 Months Ended
Sep. 30, 2013
Business Segment Information [Abstract]  
Business Segment Information
Note 9—Business Segment Information
 
The Company owns 99.3% of its subsidiary, GEIC, which owns 100% of IDT Energy and 92% of GOGAS. IDT Energy has outstanding deferred stock units granted to directors and employees that represent an interest of 2.3% of the equity of IDT Energy. The Company has two reportable business segments: IDT Energy, a 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 fuel resources. The Genie Oil and Gas segment consists of (1) a 50% interest in AMSO, LLC, the Company’s oil shale project in Colorado, (2) an 88.6% interest in IEI, the Company’s oil shale project in Israel, (3) an 89% interest in Afek, the Company’s conventional oil and gas exploration project in the southern portion of the Golan Heights, and (4) Genie Mongolia, the Company’s oil shale exploration project in Central Mongolia. 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 were as follows:
 
(in thousands)
  
IDT
Energy
    
Genie Oil and Gas
    
Corporate
    
Total
  
Three Months Ended September 30, 2013
                        
Revenues
   $ 71,638     $ —     $ —     $ 71,638  
Income (loss) from operations
     9,596       (3,699 )     (1,949 )     3,948  
Research and development
     —       2,653       —       2,653  
Equity in the net loss of AMSO, LLC
     —       672       —       672  
                                 
Three Months Ended September 30, 2012
                                
Revenues
   $ 63,725     $ —     $ —     $ 63,725  
Income (loss) from operations
     8,679       (3,171 )     (2,039 )     3,469  
Research and development
     —       2,264       —       2,264  
Equity in the net loss of AMSO, LLC
     —       508       —       508  
 
 
(in thousands)
  
IDT
Energy
    
Genie Oil and Gas
    
Corporate
    
Total
  
Nine Months Ended September 30, 2013
                        
Revenues
   $ 212,103     $ —     $ —     $ 212,103  
Income (loss) from operations
     18,972       (11,507 )     (6,454 )     1,011  
Research and development
     —       7,734       —       7,734  
Equity in the net loss of AMSO, LLC
     —       2,607       —       2,607  
                                 
Nine Months Ended September 30, 2012
                                
Revenues
   $ 164,056     $ —     $ —     $ 164,056  
Income (loss) from operations
     17,108       (10,169 )     (5,784 )     1,155  
Research and development
     —       7,141       —       7,141  
Equity in the net loss of AMSO, LLC
     —       2,252       —       2,252  
 
Total assets for the business segments of the Company were as follows:
 
(in thousands)
  
IDT
Energy
    
Genie Oil and Gas
    
Corporate
    
Total
  
Total assets:
                        
September 30, 2013
   $ 68,722     $ 37,044     $ 40,410     $ 146,176  
                                 
December 31, 2012
   $ 65,377     $ 36,561     $ 48,368     $ 150,306