CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Current Assets:
Cash and cash equivalents	$ 23,773	$ 22,078
Accounts receivable, net of allowances for doubtful accounts of $1,917 and $1,743	9,445	12,460
Restricted and designated cash	686	185
Inventories	781	871
Prepaid expenses and other	2,919	2,679
Total Current Assets	37,604	38,273
Property and Equipment, at cost – successful efforts method:
Oil and Gas properties	243,990	243,855
Advanced payment for equipment	440	440
Other	56,817	56,490
Total Property and Equipment	301,247	300,785
Accumulated depreciation, depletion, amortization and impairment	(238,712)	(235,194)
Net Property and Equipment	62,535	65,591
Deferred tax assets and other	37,187	35,496
Deferred financing Costs	359	419
Restricted cash – long term	7,227	7,080
Investments	183	98
Total assets	145,095	146,957
Current liabilities:
Accounts payable and accrued expenses	11,622	13,122
Bank overdraft	300	350
Short term debt and current maturities of long-term debt, net of discount of $809 and $820	9,481	9,602
Payables and accrued interest due to related party	114	63
Accrued Interest	962	950
Derivative liability	1,085	1,171
Total current liabilities	23,564	25,258
Long term debt, net of discount of $3,348 and $3,748	99,852	104,252
Other Long-term Liabilities:
Asset retirement obligations	20,313	19,884
Derivative liability	2,218	431
Total liabilities	145,947	149,825
Commitments and contingencies
Shareholders' equity (deficit):
Common stock $0.01 par value; authorized 7,500,000 shares; issued 2,746,958 shares; outstanding 2,717,691 shares	27	27
Additional paid-in capital	23,853	23,853
Accumulated deficit	(20,462)	(23,405)
Treasury stock, 29,267 shares at cost	(164)	(164)
Total Isramco, Inc. shareholders' equity (deficit)	3,254	311
Non controlling interest	(4,106)	(3,179)
Total deficit	(852)	(2,868)
Total liabilities and shareholders' equity (deficit)	$ 145,095	$ 146,957