CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Revenues
Oil and gas sales	$ 11,064	$ 9,090
Production services	3,468	3,298
Office services	137	151
Other	131	154
Total revenues	14,800	12,693
Operating expenses
Lease operating expense, transportation and taxes	2,186	2,359
Depreciation, depletion and amortization	1,504	1,479
Impairments	0	583
Accretion expense	222	220
Production services	3,942	3,783
Loss (gain) from plug and abandonment	22	(30)
General and administrative	1,178	1,086
Total operating expenses	9,054	9,480
Operating income	5,746	3,213
Other expenses
Interest expense, net	1,188	1,180
Loss from derivative contracts, net	131	1,671
Capital loss	0	17
Total other expenses	1,319	2,868
Income before income taxes	4,427	345
Income tax expense	1,706	276
Net income	2,721	69
Net loss attributable to non-controlling interests	(447)	(442)
Net income attributable to Isramco	$ 3,168	$ 511
Earnings per share – basic: (in Dollars per share)	$ 1.17	$ 0.19
Earnings per share – diluted: (in Dollars per share)	$ 1.17	$ 0.19
Weighted average number of shares outstanding basic: (in Shares)	2,717,691	2,717,691
Weighted average number of shares outstanding diluted: (in Shares)	2,717,691	2,717,691