Condensed Consolidated Balance Sheets - Unaudited - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Current Assets
Cash and cash equivalents	$ 12,010	$ 6,568
Restricted cash and cash equivalents	3,543	3,543
Accounts receivable, net	8,560	7,400
Other current assets	724	572
Total Current Assets	24,837	18,083
Property and Equipment, at cost
Oil and gas properties (successful efforts method), net	194,302	187,490
Field and office equipment, net	8,300	8,878
Total Property and Equipment, Net	202,602	196,368
Other Assets	337	203
Total Assets	227,776	214,654
Current Liabilities
Accounts payable	11,094	11,965
Accrued liabilities	30,575	8,184
Current portion of long-term debt	3,206	2,949
Current portion of asset retirements	1,563	1,563
Derivative Liability Short-term	946	2,547
Due to related parties	386
Total Current Liabilities	47,770	27,208
Long-Term Bank Debt	27,386	66,316
Asset Retirement Obligations	16,065	15,943
Derivative Liability Long-Term	44	1,092
Deferred Income Taxes	41,990	37,500
Other Long-Term Obligations	718	715
Total Liabilities	133,973	148,744
Commitments and Contingencies
Equity
Common stock, $.10 par value; Authorized: 4,000,000 shares, issued: 3,836,397 shares	383	383
Paid-in capital	8,439	8,313
Retained earnings	118,619	96,322
Treasury stock, at cost; 1,553,386 shares and 1,552,894 shares	(46,498)	(46,473)
Total Stockholders' Equity - PrimeEnergy	80,943	58,545
Non-controlling interest	12,860	7,335
Total Equity	93,803	65,880
Total Liabilities and Equity	$ 227,776	$ 214,654

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).

Name:	us-gaap_AccountsPayableCurrent
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.