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Consolidated Balance Sheet (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Current Assets    
Cash and cash equivalents $ 9,526 $ 8,602
Restricted cash and cash equivalents 2,065 4,672
Accounts receivable, net 17,693 13,212
Prepaid obligations 1,188 1,656
Derivative contracts 357 1,229
Other current assets 1,846 1,081
Total Current Assets 32,675 30,452
Property and Equipment    
Oil and gas properties at cost 364,123 338,204
Less: Accumulated depletion and depreciation (169,100) (150,276)
Oil and gas properties, Net 195,023 187,928
Field and office equipment at cost 26,653 23,974
Less: Accumulated depreciation (13,251) (15,052)
Field and office equipment, Net 13,402 8,922
Total Property and Equipment, Net 208,425 196,850
Derivative Contracts Long-Term 1,066 118
Other Assets 756 666
Total Assets 242,922 228,086
Current Liabilities    
Accounts payable 16,249 19,568
Accrued liabilities 6,832 7,618
Current portion of long-term debt 1,870  
Current portion of asset retirement and other long-term obligations 3,310 2,148
Derivative liability short-term 2,194 994
Due to related parties 23 67
Total Current Liabilities 30,478 30,395
Long-Term Bank Debt 120,023 122,000
Asset Retirement Obligations 7,227 6,864
Derivative Liability Long-Term 94 431
Deferred Income Taxes 31,962 24,194
Total Liabilities 189,784 183,884
Commitments and Contingencies      
Equity    
Common stock, $.10 par value; 2013 and 2012: Authorized: 4,000,000 shares, issued: 3,836,397 shares; outstanding 2013: 2,388,784 shares; 2012: 2,510,560 shares 383 383
Paid-in capital 6,803 6,690
Retained earnings 78,616 66,345
Accumulated other comprehensive loss, net (123) (35)
Treasury stock, at cost; 2013: 1,447,613 shares; 2012: 1,325,837 shares (40,251) (36,113)
Total Stockholders' Equity-PrimeEnergy 45,428 37,270
Non-controlling interest 7,710 6,932
Total Equity 53,138 44,202
Total Liabilities and Equity $ 242,922 $ 228,086