Note 6 - Segment Information (Tables)

9 Months Ended

Sep. 30, 2016

Segment Reporting [Abstract]

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

(in thousands)	Oil and Gas Exploration & Production			Production Services			Eliminations			Total
Three Months Ended September 30, 2016:
Sales revenues
United States	$	3,382		$	3,229		$	-		$	6,611
Israel		7,506			-			-			7,506
Office services and other		335			-			(30	)		305
Total revenues and other		11,223			3,229			(30	)		14,422
Operating costs and expenses		4,277			4,274			(30	)		8,521
Interest expenses, net		421			814			-			1,235
Gain on derivative contracts		(181	)		-			-			(181	)
Capital loss		2			36			-			38
Total expenses and other		4,519			5,124			(30	)		9,613
Income (loss) before income taxes	$	6,704		$	(1,895	)	$	-		$	4,809
Net Income (loss)		4,358			(1,364	)		-			2,994
Net loss attributable to noncontrolling interests		-			(379	)		-			(379	)
Net income (loss) attributable to Isramco		4,358			(985	)		-			3,373
Total Assets	$	106,823		$	37,490		$	-		$	144,313
Expenditures for Long-lived Assets	$	84		$	-		$	-		$	84

(in thousands)	Oil and Gas Exploration & Production			Production Services			Eliminations			Total
Three Months Ended September 30, 2015:
Sales revenues
United States	$	3,617		$	5,615		$	-		$	9,232
Israel		7,613			-			-			7,613
Office services and other		7,013			-			(30	)		6,983
Total revenues and other		18,243			5,615			(30	)		23,828
Operating costs and expenses		29,621			7,117			(30	)		36,708
Interest expenses, net		373			787			-			1,160
Loss from derivative contracts, net		1,734			-			-			1,734
Capital loss		44			9			-			53
Total expenses and other		31,772			7,913			(30	)		39,655
Loss before income taxes	$	(13,529	)	$	(2,298	)	$	-		$	(15,827	)
Net Loss		(8,794	)		(1,654	)		-			(10,448	)
Net loss attributable to noncontrolling interests		-			(459	)		-			(459	)
Net loss attributable to Isramco		(8,794	)		(1,195	)		-			(9,989	)
Total Assets	$	107,990		$	55,969		$	-		$	163,959
Expenditures for Long-lived Assets	$	648		$	62		$	-		$	710

(in thousands)	Oil and Gas Exploration & Production		Production Services			Eliminations			Total
Nine months Ended September 30, 2016:
Sales revenues
United States	$	9,309	$	9,528		$	-		$	18,837
Israel		20,614		-			-			20,614
Office services and other		1,624		-			(90	)		1,534
Total revenues and other		31,547		9,528			(90	)		40,985
Impairment expense		583		-			-			583
Operating costs and expenses		12,681		13,558			(90	)		26,149
Interest expenses, net		1,150		2,465			-			3,615
Loss from derivative contracts, net		2,170		-			-			2,170
Capital loss		19		36			-			55
Total expenses and other		16,603		16,059			(90	)		32,572
Income (loss) before income taxes	$	14,944	$	(6,531	)	$	-		$	8,413
Net Income (Loss)		9,712		(4,702	)		-			5,010
Net loss attributable to noncontrolling interests		-		(1,306	)		-			(1,306	)
Net income (loss) attributable to Isramco		9,712		(3,396	)		-			6,316
Total Assets	$	106,823	$	37,490		$	-		$	144,313
Expenditures for Long-lived Assets	$	283	$	308		$	-		$	591

(in thousands)	Oil and Gas Exploration & Production			Production Services			Eliminations			Total
Nine months Ended September 30, 2015:
Sales revenues
United States	$	13,697		$	17,415		$	-		$	31,112
Israel		19,057			-			-			19,057
Office services and other		9,598			-			(90	)		9,508
Total revenues and other		42,352			17,415			(90	)		59,677
Operating costs and expenses		44,746			19,986			(90	)		64,642
Interest expenses, net		1,757			2,369			-			4,126
Loss from derivative contracts, net		2,406			-			-			2,406
Capital loss		54			26			-			80
Total expenses and other		48,963			22,381			(90	)		71,254
Loss before income taxes	$	(6,611	)	$	(4,966	)	$	-		$	(11,577	)
Net Loss		(4,297	)		(3,575	)		-			(7,872	)
Net loss attributable to noncontrolling interests		-			(993	)		-			(993	)
Net loss attributable to Isramco		(4, 297	)		(2,582	)		-			(6,879	)
Total Assets	$	107,990		$	55,969		$	-		$	163,959
Expenditures for Long-lived Assets	$	2,684		$	2,388		$	-		$	5,072