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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 35,971 $ 35,192
Restricted cash - short-term 10,449 10,813
Trade accounts receivable, net of allowance for doubtful accounts of $169 and $171 at March 31, 2017 and December 31, 2016, respectively 35,202 36,858
Inventory 6,922 5,989
Prepaid expenses 3,988 4,026
Other current assets 6,539 4,932
Total current assets 99,071 97,810
Property and equipment, net 1,723 1,617
Capitalized exploration costs - unproved oil and gas property 1,145
Goodwill 8,728 8,728
Other intangibles, net 3,956 4,277
Restricted cash - long-term 1,475 1,047
Deferred income tax assets, net 1,781 1,781
Other assets 6,514 6,553
Total assets 124,393 121,813
Current liabilities:    
Revolving line of credit 1,160 711
Trade accounts payable 14,330 17,274
Accrued expenses 15,993 16,301
Advances from customers 371 781
Income taxes payable 3,299 2,426
Due to IDT Corporation 78 141
Energy hedging contracts 2,546 1,727
Other current liabilities 3,064 1,784
Total current liabilities 40,841 41,145
Other liabilities 805 803
Total liabilities 41,646 41,948
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 March 31, 2017 and December 31, 2016 19,743 19,743
Additional paid-in capital 128,410 128,243
Treasury stock, at cost, consisting of 205 shares and 201 shares of Class B common stock at March 31, 2017 and December 31, 2016, respectively (1,622) (1,599)
Accumulated other comprehensive income 2,165 1,465
Accumulated deficit (49,205) (51,567)
Total Genie Energy Ltd. stockholders' equity 99,740 96,534
Noncontrolling interests:    
Noncontrolling interests (15,326) (15,002)
Receivable for issuance of equity (1,667) (1,667)
Total noncontrolling interests (16,993) (16,669)
Total equity 82,747 79,865
Total liabilities and equity 124,393 121,813
Class A Common Stock    
Genie Energy Ltd. stockholders' equity:    
Common stock, value 16 16
Class B Common Stock    
Genie Energy Ltd. stockholders' equity:    
Common stock, value $ 233 $ 233