XML 61 R50.htm IDEA: XBRL DOCUMENT v3.8.0.1
Commitments and Contingencies (Details) - USD ($)
$ in Thousands
 1 Months Ended 3 Months Ended
Jul. 31, 2016
Mar. 31, 2017
Dec. 31, 2016
Commitments and Contingencies (Textual)      
Additional refunds to customers $ 2,400    
Proposed regulatory matter potential requirements, Description   The PSC's order, which were to become effective March 4, 2016, would require that all REPs' electricity and natural gas offerings to residential and small business customers include an annual guarantee of savings compared to the price charged by the relevant incumbent utility or, for electricity offerings, provide at least 30% of the supply from renewable sources.  
Purchase commitment description   The Company had purchase commitments of $35.1 million at March 31, 2017, of which $31.0 million was for future purchases of electricity. The purchase commitments outstanding at March 31, 2017 are expected to be paid as follows: $27.8 million in the twelve months ending March 31, 2018, $5.9 million in the twelve months ending March 31, 2019, and $1.4 million in the twelve months ending March 31, 2020.  
Line of credit facility expiration, Description   The Company had letters of credit outstanding totaling $6.2 million primarily for the benefit of regional transmission organizations that coordinate the movement of wholesale electricity and for certain utility companies. The letters of credit outstanding at March 31, 2017 expire as follows: $4.7 million in the twelve months ending March 31, 2018 and $1.5 million in the twelve months ending March 31, 2019.  
Line of credit facility, amount outstanding   $ 6,200  
Letters of credit expire in twelve months ending March 31, 2018   4,700  
Letters of credit expire in twelve months ending March 31, 2019   1,500  
Purchase and other commitments   35,100  
Purchase commitment due in March 31, 2019   5,900  
Purchase commitment due in March 31, 2018   27,800  
Purchase commitment due in March 31, 2020   1,400  
Electricity purchase commitments included in total   31,000  
Advance payment to BP   3,988 $ 4,026
Genie Retail Energy [Member]      
Commitments and Contingencies (Textual)      
Purchase of renewable energy credit   40,000  
Aggregate performance bond outstanding   10,000  
BP [Member]      
Commitments and Contingencies (Textual)      
Payment of trade accounts payable to BP Energy   $ 8,600  
Agreement termination, Description   The agreement's termination date is November 30, 2019, except either party may terminate the agreement on November 30, 2018 by giving the other party notice by May 31, 2018.  
Advance payment to BP   $ 2,500  
Class action settlement [Member] | Minimum [Member]      
Commitments and Contingencies (Textual)      
Legal regulatory matter   0  
Class action settlement [Member] | Maximum [Member]      
Commitments and Contingencies (Textual)      
Legal regulatory matter   4,000  
Trade Accounts Receivable [Member]      
Commitments and Contingencies (Textual)      
Assets pledged as collateral to BP Energy   27,800  
Restricted Cash [Member]      
Commitments and Contingencies (Textual)      
Assets pledged as collateral to BP Energy   $ 300