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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Current Assets    
Cash and cash equivalents $ 10,317 $ 9,526
Restricted cash and cash equivalents 3,565 2,065
Accounts receivable, net 15,859 17,693
Other current assets 2,891 3,391
Total Current Assets 32,632 32,675
Property and Equipment, at cost    
Oil and gas properties (successful efforts method), net 204,611 195,023
Field and office equipment, net 13,039 13,402
Total Property and Equipment, Net 217,650 208,425
Other Assets 941 1,822
Total Assets 251,223 242,922
Current Liabilities    
Accounts payable 16,875 16,249
Accrued liabilities 12,125 6,832
Current portion of long-term debt 1,907 1,870
Current portion of asset retirement and other long-term obligations 3,303 3,310
Derivative liability short-term 5,548 2,194
Due to related parties 65 23
Total Current Liabilities 39,823 30,478
Long-Term Bank Debt 109,310 120,023
Asset Retirement Obligations 7,329 7,227
Derivative Liability Long-Term 1,504 94
Deferred Income Taxes 34,186 31,962
Total Liabilities 192,152 189,784
Commitments and Contingencies      
Equity    
Common stock, $.10 par value; Authorized: 4,000,000 shares, issued: 3,836,397 shares 383 383
Paid-in capital 7,097 6,803
Retained earnings 84,658 78,616
Accumulated other comprehensive loss, net (155) (123)
Treasury stock, at cost; 1,472,455 shares and 1,447,613 shares (41,542) (40,251)
Total Stockholders' Equity - PrimeEnergy 50,441 45,428
Non-controlling interest 8,630 7,710
Total Equity 59,071 53,138
Total Liabilities and Equity $ 251,223 $ 242,922