Condensed Consolidated Balance Sheet - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Current Assets
Cash and cash equivalents	$ 7,669	$ 8,438
Accounts receivable, net	14,799	16,961
Other current assets	856	1,232
Total Current Assets	23,324	26,631
Property and Equipment, at cost
Oil and gas properties (successful efforts method), net	218,134	213,001
Field and office equipment, net	6,596	6,974
Total Property and Equipment, Net	224,730	219,975
Other Assets	149	159
Total Assets	248,203	246,765
Current Liabilities
Accounts payable	10,615	24,615
Accrued liabilities	15,264	16,294
Current portion of long-term debt	948	2,378
Current portion of asset retirement	2,665	2,309
Derivative liability short-term	8,028	1,509
Due to Related Parties	30	65
Total Current Liabilities	37,550	47,170
Long-Term Bank Debt	56,577	48,459
Asset Retirement Obligations	19,828	21,269
Derivative Liability Long-Term	3,226	1,913
Deferred Income Taxes	27,325	24,962
Other Long-Term Obligations	555	553
Total Liabilities	145,061	144,326
Commitments and Contingencies
Equity
Common stock, $.10 par value; 2018 and 2017: Authorized: 4,000,000 shares, issued: 3,836,397 shares; outstanding 2018: 2,061,805 shares; 2017: 2,169,370 shares	383	383
Paid-in capital	8,772	8,729
Retained earnings	145,435	138,320
Treasury stock, at cost; 2018: 1,774,592 shares; 2017: 1,667,027 shares	(58,423)	(52,123)
Total Stockholders' Equity - PrimeEnergy	96,167	95,309
Non-controlling interest	6,975	7,130
Total Equity	103,142	102,439
Total Liabilities and Equity	$ 248,203	$ 246,765

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.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 8
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=109196051&loc=SL49130549-203045

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(3))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682