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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Current Assets    
Cash and cash equivalents $ 10,620 $ 8,661
Restricted cash and cash equivalents 4,866 5,142
Accounts receivable, net 18,158 16,506
Other current assets 3,531 9,194
Total Current Assets 37,175 39,503
Property and Equipment, at cost    
Oil and gas properties (successful efforts method), net 174,869 136,750
Field and office equipment, net 8,148 7,945
Total Property and Equipment, Net 183,017 144,695
Other Assets 1,055 614
Total Assets 221,247 184,812
Current Liabilities    
Accounts payable 25,607 29,538
Accrued liabilities 8,264 8,963
Current portion of asset retirement and other long-term obligations 2,592 12,854
Derivative liability short-term 837 2,046
Due to related parties 475 67
Total Current Liabilities 37,775 53,468
Long-Term Bank Debt 110,000 69,800
Asset Retirement Obligations 7,434 6,416
Derivative Liability Long-Term 543 1,461
Deferred Income Taxes 22,652 17,914
Total Liabilities 178,404 149,059
Stockholders' Equity    
Common stock, $.10 par value; 2012 and 2011: Authorized: 4,000,000 shares, issued: 3,836,397 shares; outstanding 2012: 2,594,135 shares; 2011: 2,701,869 shares 383 383
Paid-in capital 6,605 6,446
Retained earnings 61,377 51,289
Accumulated other comprehensive loss, net (50)  
Treasury stock, at cost; 2012: 1,242,262 shares; 2011: 1,134,528 shares (33,825) (31,120)
Total Stockholders' Equity - PrimeEnergy 34,490 26,998
Non-controlling interest 8,353 8,755
Total Stockholders' Equity 42,843 35,753
Total Liabilities and Stockholders' Equity $ 221,247 $ 184,812