Note 6 - Segment Information (Tables)

6 Months Ended

Jun. 30, 2016

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment [Table Text Block]

thousands	Oil and Gas Exploration & Production		Production Services			Eliminations			Total
Three Months Ended June 30, 2016:
Sales revenues
United States	$	3,283	$	3,001		$	-		$	6,284
Israel		6,662		-			-			6,662
Office services and other		954		-			(30	)		924
Total revenues and other		10,899		3,001			(30	)		13,870
Impairment expense		-		-			-			-
Operating costs and expenses		4,154		4,607			(30	)		8,731
Interest expenses, net		381		819			-			1,200
Loss on derivative contracts		680		-			-			680
Total expenses and other		5,215		5,426			(30	)		10,611
Income (loss) before income taxes	$	5,684	$	(2,425	)	$	-		$	3,259
Net Income (loss)		3,693		(1,746	)		-			1,947
Net loss attributable to noncontrolling interests		-		(485	)		-			(485	)
Net income (loss) attributable to Isramco		3,693		(1,261	)		-			2,432
Total Assets	$	105,440	$	39,655		$	-		$	145,095
Expenditures for Long-lived Assets	$	86	$	152		$	-		$	238

thousands	Oil and Gas Exploration & Production		Production Services			Eliminations			Total
Three Months Ended June 30, 2015:
Sales revenues
United States	$	5,683	$	5,985		$	-		$	11,668
Israel		5,316		-			-			5,316
Office services and other		2,257		-			(30	)		2,227
Total revenues and other		13,256		5,985			(30	)		19,211
Operating costs and expenses		8,463		6,960			(30	)		15,393
Interest expenses, net		690		788			-			1,478
Loss from derivative contracts, net		672		-			-			672
Capital loss		17		-			-			17
Total expenses and other		9,842		7,748			(30	)		17,560
Income before income taxes	$	3,414	$	(1,763	)	$	-		$	1,651
Net Income (loss)		2,220		(1,269	)		-			951
Net loss attributable to noncontrolling interests		-		(353	)		-			(353	)
Net income (loss) attributable to Isramco		2,220		(916	)		-			1,304
Total Assets	$	116,667	$	55,579		$	-		$	172,246
Expenditures for Long-lived Assets	$	426	$	1,366		$	-		$	1,792

thousands	Oil and Gas Exploration & Production		Well Service			Eliminations			Total
Six Months Ended June 30, 2016:
Sales revenues
United States	$	5,927	$	6,299		$	-		$	12,226
Non-U.S.		13,108		-			-			13,108
Office services and other		1,289		-			(60	)		1,229
Total revenues and other		20,324		6,299			(60	)		26,563
Impairment expense		583		-			-			583
Operating costs and expenses		8,404		9,284			(60	)		17,628
Interest expenses, net		729		1,651			-			2,380
Loss from derivative contracts, net		2,351		-			-			2,351
Capital loss		17		-			-			17
Total expenses and other		12,084		10,935			(60	)		22,959
Income (loss) before income taxes	$	8,240	$	(4,636	)	$	-		$	3,604
Net Income (Loss)		5,354		(3,338	)		-			2,016
Net loss attributable to noncontrolling interests		-		(927	)		-			(927	)
Net income (loss) attributable to Isramco		5,354		(2,411	)		-			2,943
Total Assets	$	105,440	$	39,655		$	-		$	145,095
Expenditures for Long-lived Assets	$	199	$	322		$	-		$	521

thousands	Oil and Gas Exploration & Production		Well Service			Eliminations			Total
Six Months Ended June 30, 2015:
Sales revenues
United States	$	10,080	$	11,800		$	-		$	21,880
Non-U.S.		11,444		-			-			11,444
Office services and other		2,585		-			(60	)		2,525
Total revenues and other		24,109		11,800			(60	)		35,849
Operating costs and expenses		15,125		12,869			(60	)		27,934
Interest expenses, net		1,384		1,582			-			2,966
Loss from derivative contracts, net		672		-			-			672
Capital loss		10		17			-			27
Total expenses and other		17,191		14,468			(60	)		31,599
Income (loss) before income taxes	$	6,918	$	(2,668	)	$	-		$	4,250
Net Income (Loss)		4,497		(1,921	)		-			2,576
Net loss attributable to noncontrolling interests		-		(534	)		-			(534	)
Net income (loss) attributable to Isramco		4,497		(1,387	)		-			3,110
Total Assets	$	116,667	$	55,579		$	-		$	172,246
Expenditures for Long-lived Assets	$	2,036	$	2,326		$	-		$	4,362