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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues:        
Total revenues $ 76,075 $ 61,009 $ 180,126 $ 147,626
Cost of revenues 56,588 52,031 131,734 113,057
Gross profit 19,487 8,978 48,392 34,569
Operating expenses and losses:        
Selling, general and administrative (i) 15,956 18,254 35,456 34,011 [1]
Impairment of assets 801 993
Income (loss) from operations 2,730 (9,276) 11,943 558
Interest income 20 189 143 281
Interest expense (58) (178) (175) (319)
Equity in the net loss in equity method investees (1,173) (1,071) (1,552) (1,868)
Other (expenses) income, net (52) 157 98 232
Income (loss) before income taxes 1,467 (10,179) 10,457 (1,116)
(Provision for) benefit from income taxes (587) 1,678 (3,156) (1,225)
Net income (loss) 880 (8,501) 7,301 (2,341)
Net loss attributable to noncontrolling interests (1,083) (1,035) (494) (944)
Net income (loss) attributable to Genie Energy Ltd. 1,963 (7,466) 7,795 (1,397)
Dividends on preferred stock (370) (370) (740) (740)
Net income (loss) attributable to Genie Energy Ltd. common stockholders $ 1,593 $ (7,836) $ 7,055 $ (2,137)
Earnings (loss) per share attributable to Genie Energy Ltd. common stockholders:        
Basic $ 0.06 $ (0.29) $ 0.27 $ (0.08)
Diluted $ 0.06 $ (0.29) $ 0.26 $ (0.08)
Weighted-average number of shares used in calculation of earnings (loss) per share:        
Basic 26,087 26,595 26,098 26,614
Diluted 26,853 26,595 26,804 26,614
Dividends declared per common share $ 0.085 $ 0.075 $ 0.160 $ 0.150
Electricity [Member]        
Revenues:        
Total revenues $ 65,906 $ 52,055 $ 135,877 $ 114,669
Natural gas        
Revenues:        
Total revenues 5,396 5,194 21,467 23,900
Other        
Revenues:        
Total revenues $ 4,773 $ 3,760 $ 22,782 $ 9,057
[1] Stock-based compensation included in selling, general and administrative expenses