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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues:        
Electricity $ 67,292 $ 66,189 $ 181,141 $ 163,636
Natural gas 3,702 2,787 34,492 26,045
Other 848 497 1,911 1,445
Total revenues 71,842 69,473 217,544 191,126
Cost of revenues 50,572 47,694 155,743 132,371
Gross profit 21,270 21,779 61,801 58,755
Operating expenses and losses:        
Selling, general and administrative [1] 13,912 19,464 46,379 63,008
Write-down of assets held for sale to fair value 451 2,742
Exploration 753 244 2,556
Equity in the net loss of equity method investees 861 159 2,082 159
Income (loss) from operations 6,046 1,403 10,354 (6,968)
Interest income 195 51 384 207
Interest expense (89) (67) (261) (199)
Gain on extinguishment of liability 164 164
Other income (expense), net 25 9 123 (421)
Income (loss) before income taxes 6,341 1,396 10,764 (7,381)
Provision for income taxes (675) (421) (1,733) (453)
Net income (loss) 5,666 975 9,031 (7,834)
Net loss (income) attributable to noncontrolling interests 251 (197) 1,122 626
Net income (loss) attributable to Genie Energy Ltd. 5,917 778 10,153 (7,208)
Dividends on preferred stock (370) (370) (1,111) (1,111)
Net income (loss) attributable to Genie Energy Ltd. common stockholders $ 5,547 $ 408 $ 9,042 $ (8,319)
Earnings (loss) per share attributable to Genie Energy Ltd. common stockholders:        
Basic $ 0.21 $ 0.02 $ 0.36 $ (0.35)
Diluted $ 0.21 $ 0.02 $ 0.36 $ (0.35)
Weighted-average number of shares used in calculation of earnings (loss) per share:        
Basic 25,805 23,567 24,895 23,495
Diluted 26,442 24,158 25,225 23,495
Dividends declared per common share $ 0.075 $ 0.075 $ 0.225 $ 0.225
[1] Stock-based compensation included in selling, general and administrative expenses