CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Revenues
Oil and gas sales	$ 9,945	$ 10,999	$ 19,035	$ 21,524
Production services	3,001	5,985	6,299	11,800
Office services	142	161	293	319
Gain on divestiture	600	1,824	600	1,824
Other	182	242	336	382
Total revenues	13,870	19,211	26,563	35,849
Operating expenses
Lease operating expense, transportation and taxes	2,303	3,724	4,662	7,899
Depreciation, depletion and amortization	1,456	2,551	2,935	4,806
Impairment of oil and gas assets	0	1,838	583	1,838
Accretion expense	221	213	441	421
Production services	3,571	5,918	7,354	10,722
Loss (gain) from plug and abandonment	6	1	(24)	3
General and administrative	1,174	1,148	2,260	2,245
Total operating expenses	8,731	15,393	18,211	27,934
Operating income	5,139	3,818	8,352	7,915
Other expenses
Interest expense, net	1,200	0	2,380	88
Interest expense – related party, net	0	1,478	0	2,878
Loss from derivative contracts, net	680	672	2,351	672
Capital loss	0	17	17	27
Total other expenses	1,880	2,167	4,748	3,665
Income before income taxes	3,259	1,651	3,604	4,250
Income tax expense	(1,312)	(700)	(1,588)	(1,674)
Net income	1,947	951	2,016	2,576
Net loss attributable to non-controlling interests	(485)	(353)	(927)	(534)
Net income attributable to Isramco	$ 2,432	$ 1,304	$ 2,943	$ 3,110
Earnings per share – basic: (in Dollars per share)	$ 0.89	$ 0.48	$ 1.08	$ 1.14
Earnings per share – diluted: (in Dollars per share)	$ 0.89	$ 0.48	$ 1.08	$ 1.14
Weighted average number of shares outstanding basic: (in Shares)	2,717,691	2,717,691	2,717,691	2,717,691
Weighted average number of shares outstanding diluted: (in Shares)	2,717,691	2,717,691	2,717,691	2,717,691