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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
CURRENT ASSETS:    
Cash and cash equivalents $ 38,786 $ 71,895
Restricted cash - short-term 10,894 10,609
Certificates of deposit 8,850 4,669
Trade accounts receivable, net of allowance for doubtful accounts of $182 and $227 at December 31, 2015 and 2014, respectively 27,222 31,427
Inventory 11,440 11,166
Prepaid expenses 11,328 5,713
Other current assets 6,104 5,430
TOTAL CURRENT ASSETS 114,624 140,909
Property and equipment, net 1,347 1,902
Capitalized exploration costs - unproved oil and gas property 26,900  
Goodwill 3,663 3,663
Restricted cash - long-term 1,802 1,023
Deferred income tax assets, net 1,642 1,463
Other assets 5,859 3,968
TOTAL ASSETS 155,815 152,928
CURRENT LIABILITIES:    
Trade accounts payable 12,642 14,881
Accrued expenses 19,424 10,913
Advances from customers 1,055 403
Income taxes payable 923 543
Due to IDT Corporation 438 542
Energy hedging contracts 2,192 4,003
Other current liabilities 878 797
TOTAL CURRENT LIABILITIES 37,552 $ 32,082
Revolving credit loan payable 2,000
Other liabilities 1,566 $ 1,503
TOTAL LIABILITIES $ 41,118 $ 33,585
Commitments and contingencies
Genie Energy Ltd. stockholders' equity:    
Preferred stock, $.01 par value; authorized shares-10,000: Series 2012-A, designated shares-8,750; at liquidation preference, consisting of 2,322 shares issued and outstanding at December 31, 2015 and 2014 $ 19,743 $ 19,743
Additional paid-in capital 124,449 114,322
Treasury stock, at cost, consisting of 198 and 194 shares of Class B common at December 31, 2015 and 2014, respectively (1,570) (1,543)
Accumulated other comprehensive income 154 10
Accumulated deficit (19,647) (7,759)
Total Genie Energy Ltd. stockholders' equity 123,377 125,021
Noncontrolling interests:    
Noncontrolling interests (7,013) (4,678)
Receivable for issuance of equity (1,667) (1,000)
Total noncontrolling interests (8,680) (5,678)
TOTAL EQUITY 114,697 119,343
TOTAL LIABILITIES AND EQUITY 155,815 152,928
Class A Common Stock    
Genie Energy Ltd. stockholders' equity:    
Common stock, value 16 16
Noncontrolling interests:    
TOTAL EQUITY 16 16
Class B Common Stock    
Genie Energy Ltd. stockholders' equity:    
Common stock, value 232 232
Noncontrolling interests:    
TOTAL EQUITY $ 232 $ 232