CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Current Assets:
Cash and cash equivalents	$ 25,826	$ 22,078
Accounts receivable, net of allowances for doubtful accounts of $2,001 and $1,743	9,378	12,460
Restricted and designated cash	762	185
Inventories	718	871
Prepaid expenses and other	1,718	2,679
Total Current Assets	38,402	38,273
Property and Equipment, at cost – successful efforts method:
Oil and Gas properties	244,067	243,855
Advanced payment for equipment	440	440
Other	56,695	56,490
Total Property and Equipment	301,202	300,785
Accumulated depreciation, depletion, amortization and impairment	(240,261)	(235,194)
Net Property and Equipment	60,941	65,591
Deferred tax assets and other	37,249	35,496
Deferred financing Costs	329	419
Restricted cash – long term	7,174	7,080
Investments	218	98
Total assets	144,313	146,957
Current liabilities:
Accounts payable and accrued expenses	11,271	13,122
Bank overdraft	1	350
Short term debt and current maturities of long-term debt, net of discount of $799 and $820	8,801	9,602
Payables and accrued interest due to related party	84	63
Accrued Interest	1,000	950
Derivative liability	853	1,171
Total current liabilities	22,010	25,258
Long term debt, net of discount of $3,152 and $3,748	97,648	104,252
Other Long-term Liabilities:
Asset retirement obligations	20,540	19,884
Derivative liability	1,973	431
Total liabilities	142,171	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	(17,089)	(23,405)
Treasury stock, 29,267 shares at cost	(164)	(164)
Total Isramco, Inc. shareholders’ equity	6,627	311
Non controlling interest	(4,485)	(3,179)
Total equity (deficit)	2,142	(2,868)
Total liabilities and shareholders’ equity (deficit)	$ 144,313	$ 146,957