CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Current Assets:
Cash and cash equivalents	$ 26,596	$ 26,090
Accounts receivable, net of allowances for doubtful accounts of $2,294 and $2,294	11,432	9,902
Restricted and designated cash	701	701
Inventories	574	697
Prepaid expenses and other	1,934	2,295
Total Current Assets	41,237	39,685
Property and Equipment, at cost – successful efforts method:
Oil and Gas properties	244,218	244,158
Advanced payment for equipment	440	440
Other	57,426	57,292
Total Property and Equipment	302,084	301,890
Accumulated depreciation, depletion, amortization and impairment	(247,894)	(246,390)
Net Property and Equipment	54,190	55,500
Deferred tax assets and other	38,731	38,735
Restricted cash – long term	7,070	7,122
Investments	230	230
Total Assets	141,458	141,272
Current Liabilities:
Accounts payable and accrued expenses	11,624	11,840
Bank overdraft	17	0
Short term debt and current maturities of long-term debt, net of discount of $779 and $789	8,934	9,147
Payables due to related party	72	90
Accrued interest	989	974
Derivative liability	810	916
Total Current Liabilities	22,446	22,967
Long term debt, net of discount of $2,768 and $2,959	93,232	95,441
Other Long-term Liabilities:
Asset retirement obligations	20,970	20,748
Derivative liability	73	100
Total Liabilities	136,721	139,256
Commitments and contingencies
Shareholders’ Equity:
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	(13,492)	(16,660)
Treasury stock, 29,267 shares at cost	(164)	(164)
Total Isramco, Inc. Shareholders’ Equity	10,224	7,056
Non controlling interest	(5,487)	(5,040)
Total Equity	4,737	2,016
Total Liabilities and Shareholders’ Equity	$ 141,458	$ 141,272