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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Current Assets    
Cash and cash equivalents $ 6,053 $ 9,209
Restricted cash and cash equivalents 3,724 3,877
Accounts receivable, net 12,345 12,315
Derivative contracts 7,796 16,914
Other current assets 1,188 1,490
Total Current Assets 31,106 43,805
Property and Equipment, at cost    
Oil and gas properties (successful efforts method), net 203,767 207,600
Field and office equipment, net 12,254 12,701
Total Property and Equipment, Net 216,021 220,301
Other Assets 722 794
Total Assets 247,849 264,900
Current Liabilities    
Accounts payable 13,762 16,258
Accrued liabilities 7,565 12,401
Current portion of long-term debt 3,002 2,903
Current portion of asset retirement and other long-term obligations 1,366 1,366
Current portion of deferred tax liability 2,268 5,547
Derivative liability short-term 126 170
Due to related parties 29 45
Total Current Liabilities 28,118 38,690
Long-Term Bank Debt 94,125 98,490
Asset Retirement Obligations 10,838 11,269
Deferred Income Taxes 39,890 38,191
Total Liabilities $ 172,971 $ 186,640
Commitments and Contingencies    
Equity    
Common stock, $.10 par value; Authorized: 4,000,000 shares, issued: 3,836,397 shares $ 383 $ 383
Paid-in capital 7,195 7,186
Retained earnings 103,742 105,662
Accumulated other comprehensive loss, net (80) (92)
Treasury stock, at cost; 1,522,908 shares and 1,502,993 shares (44,844) (43,527)
Total Stockholders' Equity - PrimeEnergy 66,396 69,612
Non-controlling interest 8,482 8,648
Total Equity 74,878 78,260
Total Liabilities and Equity $ 247,849 $ 264,900