Consolidated Balance Sheet (USD $) In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Current Assets
Cash and cash equivalents	$ 9,209	$ 9,526
Restricted cash and cash equivalents	3,877	2,065
Accounts receivable, net	12,315us-gaap_AccountsReceivableNetCurrent	17,693us-gaap_AccountsReceivableNetCurrent
Prepaid obligations	877us-gaap_PrepaidExpenseCurrent	1,188us-gaap_PrepaidExpenseCurrent
Derivative contracts	16,914us-gaap_DerivativeAssetsCurrent	357us-gaap_DerivativeAssetsCurrent
Other current assets	613us-gaap_OtherAssetsCurrent	1,846us-gaap_OtherAssetsCurrent
Total Current Assets	43,805us-gaap_AssetsCurrent	32,675us-gaap_AssetsCurrent
Property and Equipment
Oil and gas properties at cost	396,588	364,123
Less: Accumulated depletion and depreciation	(188,988)	(169,100)
Oil and gas properties, Net	207,600	195,023
Field and office equipment at cost	27,403us-gaap_PropertyPlantAndEquipmentOther	26,653us-gaap_PropertyPlantAndEquipmentOther
Less: Accumulated depreciation	(14,702)	(13,251)
Field and office equipment, net	12,701	13,402
Total Property and Equipment, Net	220,301us-gaap_PropertyPlantAndEquipmentNet	208,425us-gaap_PropertyPlantAndEquipmentNet
Derivative Contracts Long-Term	13us-gaap_DerivativeAssetsNoncurrent	1,066us-gaap_DerivativeAssetsNoncurrent
Other Assets	781us-gaap_OtherAssetsNoncurrent	756us-gaap_OtherAssetsNoncurrent
Total Assets	264,900us-gaap_Assets	242,922us-gaap_Assets
Current Liabilities
Accounts payable	16,258us-gaap_AccountsPayableCurrent	16,249us-gaap_AccountsPayableCurrent
Accrued liabilities	12,401us-gaap_AccruedLiabilitiesCurrent	6,832us-gaap_AccruedLiabilitiesCurrent
Current portion of long-term debt	2,903us-gaap_LongTermDebtCurrent	1,870us-gaap_LongTermDebtCurrent
Current portion of asset retirement and other long-term obligations	1,366	3,310
Current portion of deferred tax liability	5,547us-gaap_DeferredTaxLiabilitiesCurrent
Derivative liability short-term	170us-gaap_DerivativeLiabilitiesCurrent	2,194us-gaap_DerivativeLiabilitiesCurrent
Due to related parties	45us-gaap_DueToRelatedPartiesCurrent	23us-gaap_DueToRelatedPartiesCurrent
Total Current Liabilities	38,690us-gaap_LiabilitiesCurrent	30,478us-gaap_LiabilitiesCurrent
Long-Term Bank Debt	98,490us-gaap_LongTermLineOfCredit	120,023us-gaap_LongTermLineOfCredit
Asset Retirement Obligations	11,269	7,227
Derivative Liability Long-Term		94us-gaap_DerivativeLiabilitiesNoncurrent
Deferred Income Taxes	38,191	31,962
Total Liabilities	186,640us-gaap_Liabilities	189,784us-gaap_Liabilities
Commitments and Contingencies
Equity
Common stock, $.10 par value; 2014 and 2013: Authorized: 4,000,000 shares, issued: 3,836,397 shares; outstanding 2014: 2,333,404 shares; 2013: 2,388,784 shares	383us-gaap_CommonStockValue	383us-gaap_CommonStockValue
Paid-in capital	7,186	6,803
Retained earnings	105,662	78,616
Accumulated other comprehensive loss, net	(92)	(123)
Treasury stock, at cost; 2014: 1,502,993 shares; 2013: 1,447,613 shares	(43,527)us-gaap_TreasuryStockValue	(40,251)us-gaap_TreasuryStockValue
Total Stockholders' Equity-PrimeEnergy	69,612us-gaap_StockholdersEquity	45,428us-gaap_StockholdersEquity
Non-controlling interest	8,648us-gaap_MinorityInterest	7,710us-gaap_MinorityInterest
Total Equity	78,260	53,138
Total Liabilities and Equity	$ 264,900	$ 242,922

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 19

-Subparagraph a

-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.19(a))

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682