Consolidated Balance Sheet - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Current Assets
Cash and cash equivalents	$ 6,568	$ 9,750
Restricted cash and cash equivalents	3,543	3,513
Accounts receivable, net	7,400	9,543
Prepaid obligations	412	619
Other current assets	160	196
Total Current Assets	18,083	23,621
Property and Equipment
Oil and gas properties at cost	417,821	395,129
Less: Accumulated depletion and depreciation	(230,331)	(204,213)
Oil and gas properties, Net	187,490	190,916
Field and office equipment at cost	26,902	27,919
Less: Accumulated depreciation	(18,024)	(16,824)
Field and office equipment, net	8,878	11,095
Total Property and Equipment, Net	196,368	202,011
Other Assets	203	629
Total Assets	214,654	226,261
Current Liabilities
Accounts payable	11,965	12,355
Accrued liabilities	8,184	6,122
Current portion of long-term debt	2,949	3,059
Current portion of asset retirement and other long-term obligations	1,563	1,435
Derivative liability short-term	2,547	7
Total Current Liabilities	27,208	22,978
Long-Term Bank Debt	66,316	92,581
Asset Retirement Obligations	15,943	10,452
Derivative Liability Long-Term	1,092
Deferred Income Taxes	37,500	37,349
Other Long-Term Obligations	715
Total Liabilities	148,774	163,360
Commitments and Contingencies
Equity
Common stock, $.10 par value; 2016 and 2016: Authorized: 4,000,000 shares, issued: 3,836,397 shares; outstanding 2016: 2,283,503 shares; 2016: 2,304,684 shares	383	383
Paid-in capital	8,313	7,854
Retained earnings	96,322	92,878
Accumulated other comprehensive loss, net		(5)
Treasury stock, at cost; 2016: 1,542,894; 2015: 1,531,713 shares	(46,473)	(45,380)
Total Stockholders' Equity-PrimeEnergy	58,545	55,730
Non-controlling interest	7,335	7,171
Total Equity	65,880	62,901
Total Liabilities and Equity	$ 214,654	$ 226,261

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).

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Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.