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Selected Quarterly Financial Data (Unaudited) | 12 Months Ended
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Dec. 31, 2015
Selected Quarterly Financial Data (Unaudited) [Abstract] |
Selected Quarterly Financial Data (Unaudited) | Note 17—Selected Quarterly Financial Data (Unaudited) The table below presents selected quarterly financial data of the Company for its fiscal quarters in 2015 and 2014:
Quarter Ended (in thousands, except per |  |  |  | Direct cost of |  | (Loss) income from |  | Net (loss) |  | Net (loss) income attributable to Genie |  | (Loss) earnings per common share
share data) |  | Revenues |  | revenues |  | operations |  | income |  | Energy Ltd. |  | Basic |  | Diluted
2015: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
December 31 |  | $ | 43,915 |  | $ | 27,815 |  | $ | (3,674 | ) |  | $ | (4,106 | ) |  | $ | (3,794 | ) |  | $ | (0.19 | ) |  | $ | (0.19 | )
September 30 |  |  | 52,238 |  |  | 30,420 |  |  | 3,839 |  |  |  | 2,626 |  |  |  | 2,845 |  |  |  | 0.11 |  |  |  | 0.10 |
June 30 |  |  | 39,527 |  |  | 25,551 |  |  | (4,332 | ) |  |  | (4,726 | ) |  |  | (4,498 | ) |  |  | (0.22 | ) |  |  | (0.22 | )
March 31 |  |  | 74,429 |  |  | 57,229 |  |  | (1,715 | ) |  |  | (2,430 | ) |  |  | (2,010 | ) |  |  | (0.11 | ) |  |  | (0.11 | )
TOTAL |  | $ | 210,109 |  | $ | 141,015 |  | $ | (5.882 | ) |  | $ | (8,636 | ) |  | $ | (7,457 | ) |  | $ | (0.40 | ) |  | $ | (0.40 | )
2014: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
December 31(1) |  | $ | 49,687 |  | $ | 36,924 |  | $ | (10,666 | ) |  | $ | (10,428 | ) |  | $ | (10,436 | ) |  | $ | (0.50 | ) |  | $ | (0.50 | )
September 30 |  |  | 46,186 |  |  | 28,359 |  |  | (4,107 | ) |  |  | (4,825 | ) |  |  | (4,395 | ) |  |  | (0.22 | ) |  |  | (0.22 | )
June 30 |  |  | 48,810 |  |  | 37,359 |  |  | (4,344 | ) |  |  | (5,007 | ) |  |  | (4,871 | ) |  |  | (0.24 | ) |  |  | (0.24 | )
March 31(2) |  |  | 130,348 |  |  | 120,452 |  |  | (6,493 | ) |  |  | (7,147 | ) |  |  | (6,784 | ) |  |  | (0.33 | ) |  |  | (0.33 | )
TOTAL |  | $ | 275,031 |  | $ | 223,094 |  | $ | (25,610 | ) |  | $ | (27,407 | ) |  | $ | (26,486 | ) |  | $ | (1.31 | ) |  | $ | (1.31 | )
____________ (1) In the fourth quarter of 2014, loss from operations includes goodwill impairment of $3.6 million and gain on adjustment to estimated contingent payments of $0.2 million. (2) Unusually cold weather in the first quarter of 2014 that affected the overall demand for electricity and natural gas for heat caused a significant increase in revenues and direct cost of revenues in the first quarter of 2014 compared to the same period in 2015. The winter’s polar vortex resulted in extraordinarily large spikes in the prices of wholesale electricity and natural gas in markets where GRE and other REPs purchased their supply.

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- Definition The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=51655806&loc=d3e765-108305 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=51825399&loc=d3e1280-108306 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=51655806&loc=d3e725-108305 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 6 -Section G -Subsection 1 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 302 -Paragraph a + Details
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