Genie Energy (GNE) 10-Q 6 Nov 20 2020 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2020	Nov. 08, 2020
Entity Registrant Name	Genie Energy Ltd.
Entity Central Index Key	0001528356
Document Type	10-Q
Document Period End Date	Sep. 30, 2020
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Shell Company	false
Document Fiscal Period Focus	Q3
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Document Fiscal Year Focus	2020
Entity Emerging Growth Company	false
Entity File Number	1-35327
Entity Tax Identification Number	45-2069276
Entity Interactive Data Current	Yes
Entity Incorporation, State or Country Code	DE
Trading Symbol	GNE
Title of 12(b) Security	Class B common stock, par value $0.01 per share
Security Exchange Name	NYSE
Document Quarterly Report	true
Document Transition Report	false
Entity Address, Address Line One	520 Broad Street,
Entity Address, City or Town	Newark
Entity Address, State or Province	NJ
Entity Address, Postal Zip Code	07102
City Area Code	973
Local Phone Number	438-3500
Class A Common Stock
Entity Common Stock, Shares Outstanding		1,574,326
Class B Common Stock
Entity Common Stock, Shares Outstanding		24,645,374

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 19,556	$ 31,242
Restricted cash—short-term	29,104	6,792
Trade accounts receivable, net of allowance for doubtful accounts of $4,285 and $2,631 at September 30, 2020 and December 31, 2019, respectively	44,787	49,822
Inventory	13,414	16,632
Prepaid expenses	4,181	6,318
Other current assets	4,271	2,133
Total current assets	115,313	112,939
Property and equipment, net	357	3,607
Goodwill	12,213	12,135
Other intangibles, net	5,067	6,837
Investment in equity method investees	483	675
Restricted cash-long-term	570	520
Deferred income tax assets, net	7,316	12,154
Other assets	7,573	7,377
Total assets	148,892	156,244
Current liabilities:
Loan payable	1,422	921
Trade accounts payable	22,889	24,387
Accrued expenses	31,326	26,116
Contract liability	1,033	13,426
Income taxes payable	1,548	1,591
Due to IDT Corporation, net	115	381
Short-term revolving line of credit		2,514
Other current liabilities	2,109	2,820
Total current liabilities	60,442	72,156
Long-term notes payable		777
Other liabilities	1,952	2,381
Total liabilities	62,394	75,314
Commitments and contingencies
Genie Energy Ltd. stockholders' equity:
Preferred stock, $0.01 par value; authorized shares—10,000: Series 2012-A, designated shares—8,750; at liquidation preference, consisting of 2,322 shares issued and outstanding at September 30, 2020 and December 31, 2019	19,743	19,743
Additional paid-in capital	140,935	139,615
Treasury stock, at cost, consisting of 1,287 and 1,030 shares of Class B common stock at September 30, 2020 and December 31, 2019	(9,572)	(7,675)
Accumulated other comprehensive income	2,800	2,519
Accumulated deficit	(52,691)	(59,671)
Total Genie Energy Ltd. stockholders’ equity	101,489	94,805
Noncontrolling interests	(14,991)	(13,875)
Total equity	86,498	80,930
Total liabilities and equity	148,892	156,244
Class A Common Stock
Genie Energy Ltd. stockholders' equity:
Common stock, value	16	16
Total equity	16	16
Class B Common Stock
Genie Energy Ltd. stockholders' equity:
Common stock, value	258	258
Total equity	$ 258	$ 258

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) shares in Thousands, $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Allowance for doubtful accounts, trade accounts receivable (in dollars)	$ 4,285	$ 2,631
Preferred stock, par value (In dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	10,000	10,000
Series 2012-A Preferred Stock
Designated shares	8,750	8,750
Preferred stock, shares issued	2,322	2,322
Preferred stock, shares outstanding	2,322	2,322
Class A Common Stock
Common stock, par value (In dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	35,000	35,000
Common stock, shares issued	1,574	1,574
Common stock, shares outstanding	1,574	1,574
Class B Common Stock
Common stock, par value (In dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	200,000	200,000
Common stock, shares issued	25,808	25,785
Common stock, shares outstanding	24,521	24,755
Treasury stock, shares	1,287	1,030

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Revenues:
Total revenues	$ 96,326	$ 85,713	$ 276,452	$ 233,338
Cost of revenues	69,010	59,360	200,744	172,417
Gross profit	27,316	26,353	75,708	60,921
Operating expenses and losses:
Selling, general and administrative (i)	18,831	19,408	54,287	53,419	[1]
Impairment of assets			993
Income from operations	8,485	6,945	20,428	7,502
Interest income	21	163	164	445
Interest expense	(48)	(161)	(223)	(479)
Equity in the net loss in equity method investees, net	146	238	1,698	2,106
Other income (expense), net	291	(85)	390	147
Income before income taxes	8,603	6,624	19,061	5,509
Provision for income taxes	(2,406)	(1,916)	(5,563)	(3,142)
Net income	6,197	4,708	13,498	2,367
Net loss attributable to noncontrolling interests	531	539	1,026	1,484
Net income attributable to Genie Energy Ltd.	(6,728)	(5,247)	(14,524)	(3,851)
Dividends on preferred stock	(370)	(370)	(1,111)	(1,111)
Net income attributable to Genie Energy Ltd. common stockholders	$ 6,358	$ 4,877	$ 13,413	$ 2,740
Earnings per share attributable to Genie Energy Ltd. common stockholders:
Basic	$ 0.25	$ 0.18	$ 0.51	$ 0.10
Diluted	$ 0.24	$ 0.18	$ 0.50	$ 0.10
Weighted-average number of shares used in calculation of earnings per share:
Basic	25,928	26,683	26,107	26,603
Diluted	26,769	27,669	26,839	27,541
Dividends declared per common share	$ 0.085	$ 0.075	$ 0.245	$ 0.225
Electricity [Member]
Revenues:
Total revenues	$ 91,793	$ 81,473	$ 227,671	$ 196,142
Natural gas
Revenues:
Total revenues	2,724	3,169	24,190	27,069
Other
Revenues:
Total revenues	$ 1,809	$ 1,071	$ 24,591	$ 10,127
[1]	Stock-based compensation included in selling, general and administrative expenses

Consolidated Statements of Op_2

Consolidated Statements of Operations (Parenthetical) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Selling, General and Administrative Expenses [Member]
Stock-based compensation included in selling, general and administrative expenses	$ 447	$ 335	$ 1,331	$ 1,106

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Consolidated Statements of Comprehensive Income [Abstract]
Net income	$ 6,197	$ 4,708	$ 13,498	$ 2,367
Other comprehensive income:
Foreign currency translation adjustments	173	(265)	214	(16)
Comprehensive income	6,370	4,443	13,712	2,351
Comprehensive loss attributable to noncontrolling interests	605	720	1,098	1,959
Comprehensive income attributable to Genie Energy Ltd.	$ 6,975	$ 5,163	$ 14,810	$ 4,310

Consolidated Statements of Equi

Consolidated Statements of Equity - USD ($) shares in Thousands, $ in Thousands	Total	Class A Common Stock	Class B Common Stock	Preferred Stock	Additional Paid-In Capital	Treasury Stock	Accumulated Other Comprehensive Income	Accumulated Deficit	Noncontrolling Interests
Beginning Balance at Dec. 31, 2018	$ 92,662	$ 16	$ 255	$ 19,743	$ 136,629	$ (1,624)	$ 2,591	$ (53,939)	$ (11,009)
Beginning Balance, shares at Dec. 31, 2018		1,574	25,544	2,322
Adoption of ASU 2018-07					312			(312)
Dividends on preferred stock	(370)							(370)
Dividends on common stock	(2,006)							(2,006)
Stock Based Compensation	448		$ 2		446
Stock-based compensation, shares			198
Exercise of stock options	172				172
Exercise of stock options, shares			25
Options issued to Howard S. Jonas	325				325
Noncontrolling interest from acquisition of Lumo	884								884
Other comprehensive income	96						290		(194)
Net income (loss)	6,160							6,069	91
Ending Balance at Mar. 31, 2019	98,371	$ 16	$ 257	$ 19,743	137,884	(1,624)	2,881	(50,558)	(10,228)
Ending Balance, shares at Mar. 31, 2019		1,574	25,767	2,322
Beginning Balance at Dec. 31, 2018	92,662	$ 16	$ 255	$ 19,743	136,629	(1,624)	2,591	(53,939)	(11,009)
Beginning Balance, shares at Dec. 31, 2018		1,574	25,544	2,322
Net income (loss)	2,367
Ending Balance at Sep. 30, 2019	87,784	$ 16	$ 259	$ 19,743	139,774	(5,354)	3,051	(57,621)	(12,084)
Ending Balance, shares at Sep. 30, 2019		1,574	25,944	2,322
Beginning Balance at Mar. 31, 2019	98,371	$ 16	$ 257	$ 19,743	137,884	(1,624)	2,881	(50,558)	(10,228)
Beginning Balance, shares at Mar. 31, 2019		1,574	25,767	2,322
Dividends on preferred stock	(370)							(370)
Dividends on common stock	(2,062)							(2,062)
Stock Based Compensation	324				324
Stock-based compensation, shares
Exercise of stock options	793		$ 1		792
Exercise of stock options, shares			116
Other comprehensive income	153						254		(101)
Net income (loss)	(8,501)							(7,466)	(1,035)
Ending Balance at Jun. 30, 2019	88,708	$ 16	$ 258	$ 19,743	139,000	(1,624)	3,135	(60,456)	(11,364)
Ending Balance, shares at Jun. 30, 2019		1,574	25,883	2,322
Dividends on preferred stock	(370)							(370)
Dividends on common stock	(2,042)							(2,042)
Stock Based Compensation	341				341
Stock-based compensation, shares			2
Forfeiture of restricted Class B common stock, shares			(5)
Forfeiture of restricted Class B common stock	(6)				(6)
Repurchase of Class B common stock from stock repurchase program	(3,415)					(3,415)
Restricted Class B common stock purchased from employees	(315)					(315)
Exercise of stock options	440		$ 1		439
Exercise of stock options, shares			64
Other comprehensive income	(265)						(84)		(181)
Net income (loss)	4,708							5,247	(539)
Ending Balance at Sep. 30, 2019	87,784	$ 16	$ 259	$ 19,743	139,774	(5,354)	3,051	(57,621)	(12,084)
Ending Balance, shares at Sep. 30, 2019		1,574	25,944	2,322
Beginning Balance at Dec. 31, 2019	$ 80,930	$ 16	$ 258	$ 19,743	139,615	(7,675)	2,519	(59,671)	(13,875)
Beginning Balance, shares at Dec. 31, 2019	1,574		25,785	2,322
Dividends on preferred stock	$ (370)							(370)
Dividends on common stock	(1,975)							(1,975)
Stock Based Compensation	483				483
Stock-based compensation, shares			20
Repurchase of Class B common stock from stock repurchase program	(88)					(88)
Noncontrolling interest from acquisition of Lumo					29				29
Deconsolidation of subsidiaries	(98)						(6)		(92)
Other comprehensive income	94						283		189
Net income (loss)	6,421							5,832	589
Ending Balance at Mar. 31, 2020	85,209	$ 16	$ 258	$ 19,743	140,069	(7,763)	2,230	(56,184)	(13,160)
Ending Balance, shares at Mar. 31, 2020		1,574	25,805	2,322
Beginning Balance at Dec. 31, 2019	$ 80,930	$ 16	$ 258	$ 19,743	139,615	(7,675)	2,519	(59,671)	(13,875)
Beginning Balance, shares at Dec. 31, 2019	1,574		25,785	2,322
Net income (loss)	$ 13,498
Ending Balance at Sep. 30, 2020	86,498	$ 16	$ 258	$ 19,743	140,935	(9,572)	2,800	(52,691)	(14,991)
Ending Balance, shares at Sep. 30, 2020		1,574	25,808	2,322
Beginning Balance at Mar. 31, 2020	85,209	$ 16	$ 258	$ 19,743	140,069	(7,763)	2,230	(56,184)	(13,160)
Beginning Balance, shares at Mar. 31, 2020		1,574	25,805	2,322
Dividends on preferred stock	(370)							(370)
Dividends on common stock	(2,240)							(2,240)
Stock Based Compensation	401				401
Stock-based compensation, shares
Repurchase of Class B common stock from stock repurchase program	(1,458)					(1,458)
Exercise of stock options
Exercise of stock options, shares
Purchase of subsidiary	45								(45)
Other comprehensive income	135						323		(188)
Net income (loss)	880							1,963	(1,083)
Ending Balance at Jun. 30, 2020	82,602	$ 16	$ 258	$ 19,743	140,470	(9,221)	2,553	(56,831)	(14,386)
Ending Balance, shares at Jun. 30, 2020		1,574	25,805	2,322
Dividends on preferred stock	(370)							(370)
Dividends on common stock	(2,218)							(2,218)
Class B common stock issued for GRE deferred stock units	88					88
Class B common stock issued for GRE deferred stock units, shares
Class B common stock units purchased from employees	(263)					(263)
Stock Based Compensation	447				447
Stock-based compensation, shares
Exercise of stock options	18				18
Exercise of stock options, shares			3
Other comprehensive income	173						247		(74)
Net income (loss)	6,197							6,728	(531)
Ending Balance at Sep. 30, 2020	$ 86,498	$ 16	$ 258	$ 19,743	$ 140,935	$ (9,572)	$ 2,800	$ (52,691)	$ (14,991)
Ending Balance, shares at Sep. 30, 2020		1,574	25,808	2,322

Consolidated Statements of Eq_2

Consolidated Statements of Equity (Parenthetical) - $ / shares	3 Months Ended
	Sep. 30, 2020	Mar. 31, 2020	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019
Statement of Stockholders' Equity [Abstract]
Dividends on preferred stock	$ 0.01594	$ 0.01594	$ 0.01954	$ 0.01594	$ 0.01594
Dividends on common stock	$ 0.085	$ 0.075	$ 0.075	$ 0.075	$ 0.075

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Operating activities
Net income	$ 13,498	$ 2,367
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	2,219	2,797
Asset Impairments Charges	993
Deferred income taxes	4,838	1,591
Provision for doubtful accounts receivable	2,209	453
Loss on sale of assets held for sale	456
Stock-based compensation	1,331	1,106
Equity in the net loss in equity method investees	(1,698)	(2,106)
Gain on deconsolidation of subsidiaries	(98)
Change in assets and liabilities:
Trade accounts receivable	2,827	(1,607)
Inventory	3,218	264
Prepaid expenses	2,166	(395)
Other current assets and other assets	(633)	1,243
Trade accounts payable, accrued expenses and other current liabilities	2,018	2,152
Contract liability	(12,393)	3,378
Due to IDT Corporation	(266)	(81)
Income taxes payable	(43)	563
Net cash provided by operating activities	24,038	15,937
Investing activities
Capital expenditures	(125)	(343)
Proceeds from disposal of assets held for sale	48
Payment for acquisition of intangible	(298)
Investments in equity method investee	(1,502)	(719)
Payments for business acquisition, net of cash acquired		(1,852)
Investments in notes receivables		(214)
Repayment of notes receivable	14	132
Net cash used in investing activities	(1,863)	(2,996)
Financing activities
Dividends paid	(7,543)	(7,220)
Repayment of short-term debt—Lumo		(2,260)
Proceeds from exercise of stock options	18	1,405
Proceeds from revolving line of credit	1,000
Repayment of revolving line of credit	(3,514)
Purchase of Class B common stock from employees upon vesting of restricted shares	(263)	(315)
Proceeds from loan	1,395
Repayment of loan payable	(930)
Purchases of Class B common stock	(1,634)	(3,415)
Repayment of notes payable	(25)	(37)
Net cash used in financing activities	(11,496)	(11,842)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	(3)	12
Net increase in cash, cash equivalents, and restricted cash	10,676	1,111
Cash, cash equivalents, and restricted cash at beginning of period	38,554	44,197
Cash, cash equivalents, and restricted cash at end of period	$ 49,230	$ 45,308

Basis of Presentation

Basis of Presentation	9 Months Ended
	Sep. 30, 2020
Basis of Presentation [Abstract]
Basis of Presentation	Note 1—Basis of Presentation The accompanying unaudited consolidated financial statements of Genie Energy Ltd. and its subsidiaries (the “Company” or “Genie”) have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the three and nine months ended September 30, 2020 are not necessarily indicative of the results that may be expected for the year ending . The balance sheet at December 31, 2019 has been derived from the Company’s audited financial statements at that date but does not include all of the information and footnotes required by U.S. GAAP for complete financial statements. For further information, please refer to the consolidated financial statements and footnotes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019, as filed with the U.S. Securities and Exchange Commission (the “SEC”). The Company owns 99.3% of its subsidiary, Genie Energy International Corporation (“GEIC”), which owns 100% of Genie Retail Energy (“GRE”), 100% of Genie Retail Energy International LLC ("GRE International" or "GREI"), 100% of Genie Energy Services ("GES") and 97.0% of Genie Oil and Gas, Inc. (“GOGAS”). GRE owns and operates retail energy providers (“REPs”), including IDT Energy, Inc. (“IDT Energy”), Residents Energy, Inc. (“Residents Energy”), Town Square Energy, LLC and Town Square Energy East, LLC (collectively, "TSE"), Southern Federal Power LLC ("Southern Federal") and Mirabito Natural Gas (“Mirabito”). GRE's REP businesses resell electricity and natural gas to residential and small business customers primarily in the Eastern and Midwestern United States and Texas . GRE International holds the Company's interest (which was 77.0% as of September 30, 2020) in Shoreditch Energy Limited, its joint venture that serves retail customers in the United Kingdom ("U.K.") under the name Orbit Energy, its 98.8% interest in venture in Japan, which launched commercial operations in second quarter of 2019, the Company's 92.5% interest in Lumo Energia Oyj ("Lumo"), a REP serving residential customers in Finland, and its 100% interest in Lumo Energi AB, which was formed in 2019 to serve retail energy customers in Sweden. In October 2020, the Company acquired the remaining 23.0% interest and control in Shoreditch which increased the Company's interest to 100% GES oversees Diversegy LLC (" "), a retail energy advisory and brokerage company that serves commercial and industrial customers throughout the United States ("U.S.") and manages Prism Solar Technology, Inc. ("Prism"), a solar solutions company that is engaged in U.S.-based manufacturing of solar panels, solar installation design and solar energy project management. GOGAS is an oil and gas exploration company and owns an interest in a contracted drilling services operation. GOGAS holds an 86.1% interest in Afek Oil and Gas, Ltd. (“Afek”), an oil and gas exploration project in the Golan Heights in Northern Israel. GOGAS also holds controlling interests in inactive oil and gas projects. GOGAS also holds a 37.5% interest in a contracted drilling services company in Israel ("Atid 613"). Seasonality and Weather The weather and the seasons, among other things, affect GRE’s revenues. Weather conditions have a significant impact on the demand for natural gas used for heating and electricity used for heating and cooling. Typically, colder winters increase demand for natural gas and electricity, and hotter summers increase demand for electricity. Milder winters or summers have the opposite effect. Unseasonable temperatures in other periods may also impact demand levels. Natural gas revenues typically increase in the first quarter due to increased heating demands and electricity revenues typically increase in the third quarter due to increased air conditioning use. Approximately 46.9% and 50.3% of GRE’s natural gas revenues for the relevant years were generated in the first quarters of 2019 and 2018, respectively, when demand for heating was highest. Although the demand for electricity is not as seasonal as natural gas (due, in part, to usage of electricity for both heating and cooling), approximately 31.8% and 29.5% of GRE’s electricity revenues for the relevant years were generated in the third quarters of 2019 and 2018, respectively. GRE’s REPs’ revenues and operating income are subject to material seasonal variations, and the interim financial results are not necessarily indicative of the estimated financial results for the full year. Coronavirus Disease (COVID- 19 During the first quarter 2020 2019 19 For the three and nine months ended September 30, 2020, the impacts of COVID-19 are evident in several key aspects of the Company's business operations and the corresponding financial impact has been mixed. The Company's customer base is predominantly residential, so the Company has benefited from the increased demand for electricity as many customers are working from and spending more time in their homes. On the other hand, like other retail providers, the Company suspended its face-to-face customer acquisition programs in March 2020 as public health measures were implemented to combat COVID-19, resulting in a decrease in gross meter acquisitions. The reduction in gross meter acquisitions decreased customer acquisition e xpenses in the second and third quarters of 2020 and resulted in a slight decline in domestic meters served during the third quarter of 2020. Churn for the second and third quarters of 2020 decreased, in part, as the Company's competitors also suspended their face to face marketing programs. COVID-19 public health restrictions relaxed in some of GRE's domestic markets in the third quarter of 2020, facilitating a partial reactivation of the previously curtailed customer acquisition channels. There are many uncertainties regarding the impacts of the COVID- 19

Cash, Cash Equivalents, and Res

Cash, Cash Equivalents, and Restricted Cash	9 Months Ended
	Sep. 30, 2020
Cash, Cash Equivalents, and Restricted Cash [Abstract]
Cash, Cash Equivalents, and Restricted Cash	Note 2—Cash, Cash Equivalents, and Restricted Cash The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported in the consolidated balance sheet that equals the total of the same amounts reported in the consolidated statements of cash flows: September 30, 2020 December 31, 2019 (in thousands) Cash and cash equivalents $ 19,556 $ 31,242 Restricted cash—short-term 29,104 6,792 Restricted cash—long-term 570 520 Total cash, cash equivalents, and restricted cash $ 49,230 $ 38,554 Restricted cash—short-term includes amounts set aside in accordance with the Amended and Restated Preferred Supplier Agreement with BP Energy Company (“BP”) (see Note 19) and Credit Agreement with JPMorgan Chase (see Note 20). Restricted cash—long-term includes Afek’s security deposits for its exploration license from the Government of Israel, and its customs and other import duties for the import of exploration equipment.

Inventories

Inventories	9 Months Ended
	Sep. 30, 2020
Inventories [Abstract]
Inventories	Note 3—I nventories Inventories consisted of the following: September 30, 2020 December 31, 2019 (in thousands) Natural gas $ 1,025 $ 1,052 Renewable credits 11,354 14,940 Solar Panels: Finished goods 893 424 Raw materials 142 216 Total solar panels inventory 1,035 640 Totals $ 13,414 $ 16,632

Revenue Recognition

Revenue Recognition	9 Months Ended
	Sep. 30, 2020
Revenue Recognition [Abstract]
Revenue Recognition	Note 4—Revenue Recognition Revenue from the single performance obligation to deliver a unit of electricity and/or natural gas is recognized as the customer simultaneously receives and consumes the benefit. Utility companies offer purchase of receivable, or POR, programs in most of the service territories in which the Company operates, and participate in POR programs for a majority of their receivables. The Company estimates variable consideration related to its rebate programs using the expected value method and a portfolio approach. The Company’s estimates related to rebate programs are based on the terms of the rebate program, the customer’s historical electricity and natural gas consumption, the customer’s rate plan, and a churn factor. Taxes that are imposed on the Company’s sales and collected from customers are excluded from the transaction price. Revenue from sales of solar panels are recognized at a point in time following the transfer of control of the solar panels to the customer, which typically occurs upon shipment or delivery depending on the terms of the underlying contracts. For sales contracts that contain multiple performance obligations, such as the shipment or delivery of solar modules, the Company allocates the transaction price to each performance obligation identified in the contract based on relative standalone selling prices, or estimates of such prices, and recognize the related revenue as control of each individual product is transferred to the customer, in satisfaction of the corresponding performance obligations. Revenues from sale of solar panels are included in other revenues in the consolidated statements of operations. The Company recognizes the incremental costs of obtaining a contract with a customer as an asset if it expects the benefit of those costs to be received in a period longer than one year. The Company determined that certain sales commissions to acquire customers meet the requirements to be capitalized. For GRE and GRE International other than Lumo, the Company applies a practical expedient to expense costs as incurred for sales commissions to acquire customers as the period would have been one year or less. Incremental customer acquisition cost of are capitalized and amortized over . These costs and the related amortization are recorded within sales and marketing expenses. Total capitalized customer acquisition costs to obtain a contract were $0.2 million an d $0.6 milli Total capitalized customer acquisition costs to obtain a contract were $0.2 million and $0.6 million nine months ended September 30, 2019 , . million million Disaggregated Revenues The following table shows the Company’s revenues disaggregated by pricing plans offered to customers: Electricity Natural Gas Other Total (in thousands) Three Months Ended September 30, 2020 Fixed rate $ 41,707 $ 631 $ — $ 42,338 Variable rate 50,086 2,093 — 52,179 Other — — 1,809 1,809 Total $ 91,793 $ 2,724 $ 1,809 $ 96,326 Three Months Ended September 30, 2019 Fixed rate $ 39,994 $ 528 $ — $ 40,522 Variable rate 41,479 2,641 — 44,120 Other — — 1,071 1,071 Total $ 81,473 $ 3,169 $ 1,071 $ 85,713 Nine Months Ended September 30, 2020 Fixed rate $ 99,278 $ 3,200 $ — $ 102,478 Variable rate 128,393 20,990 — 149,383 Other — — 24,591 24,591 Total $ 227,671 $ 24,190 $ 24,591 $ 276,452 Nine Months Ended September 30, 2019 Fixed rate $ 88,027 $ 2,313 $ — $ 90,340 Variable rate 108,115 24,756 — 132,871 Other — — 10,127 10,127 Total $ 196,142 $ 27,069 $ 10,127 $ 233,338 The following table shows the Company’s revenues disaggregated by non-commercial and commercial channels: Electricity Natural Gas Other Total (in thousands) Three Months Ended September 30, 2020 Non-Commercial Channel $ 75,214 $ 1,747 $ — $ 76,961 Commercial Channel 16,579 977 — 17,556 Other — — 1,809 1,809 Total $ 91,793 $ 2,724 $ 1,809 $ 96,326 Three Months Ended September 30, 2019 Non-Commercial Channel $ 66,092 $ 2,072 $ — $ 68,164 Commercial Channel 15,381 1,097 — 16,478 Other — — 1,071 1,071 Total $ 81,473 $ 3,169 $ 1,071 $ 85,713 Nine Months Ended September 30, 2020 Non-Commercial Channel $ 190,970 $ 20,750 $ — $ 211,720 Commercial Channel 36,701 3,440 — 40,141 Other — — 24,591 24,591 Total $ 227,671 $ 24,190 $ 24,591 $ 276,452 Nine Months Ended September 30, 2019 Non-Commercial Channel $ 164,183 $ 22,986 $ — $ 187,169 Commercial Channel 31,959 4,083 — 36,042 Other — — 10,127 10,127 Total $ 196,142 $ 27,069 $ 10,127 $ 233,338 Contract Liabilities Certain revenue contracts in GES include provisions that require advance payment from customers. These advance payments are recognized as revenue as the Company satisfies the performance obligations to the other party. A portion of the transaction price allocated to the performance obligations to be satisfied in the future periods is recognized as contract liability. Nine Months Ended September 30, 2020 2019 (in thousands) Contract liability, beginning $ 13,426 $ 1,137 Recognition of revenue included in the beginning of year contract liability (13,004) (558 ) Additions during the period, net of revenue recognized during the period 611 4,064 Contract liability, end $ 1,033 $ 4,643 The decrease in contract liabilities from January 1, 2020 to September 30, 2020 is primarily related to the shipment of solar panels to a customer during the period.

Acquisition

Acquisition	9 Months Ended
	Sep. 30, 2020
Acquisition [Abstract]
Acquisition	Note 5—Acquisition Acquisition of Lumo Energia, Oyj On January 2, 2019 (the “Lumo Closing Date”), pursuant to a Stock Purchase Agreement dated December 17, 2018, the Company completed the purchase of an 80.0% controlling interest in Lumo Energia Oyj ("Lumo"), a Finnish public limited company. The Company paid the sellers a total of €1.6 million (equivalent to $1.9 million). The Company contributed €1.3 million (equivalent to $1.5 million) as a capital loan to fund Lumo's working capital requirements. The Company also provided Lumo with a secured loan for €2.0 million (equivalent to $2.3 million) to pay off and replace its remaining debt. The secured loan is payable in 4 years from inception and bears interest at annual rate of 4.0%, payable monthly. The Company also issued 176,104 shares of its Class B common stock to certain of the sellers which are subject to restrictions as described in the agreement (the “Lumo Restricted Shares”). The Lumo Restricted Shares are subject to vesting conditions related to employment and services to be provided by the recipients of up to two years following the Lumo Closing Date. The Lumo Restricted Shares are accounted for as a share-based compensation and is amortized to the consolidated statement of income over the vesting period of two years. In November 2019, the Company acquired an additional 9.0% interest in Lumo for $0.2 million, increasing its aggregate ownership to 89.0%. In January 2020, Lumo paid off half of the secured loan to GREI through the issuance of additional shares which resulted in GREI's interest in Lumo increasing to 92.5%. Of the remaining % noncontrolling interest retained by the sellers, % vested in January 2020 with the balance subject to restrictions, which will The Company has a conditional continuing call option to purchase a portion or the entire noncontrolling interest from the sellers during the period beginning at the third anniversary of the Lumo Closing Date and ending three The sellers, as a group, have a one one two The Company recorded revenue for Lumo of approximately $3.2 11.4 million $2.6 million and $ 10.3 The Company conducted an assessment of assets and liabilities related to the acquisition of Lumo. The impact of the acquisition’s purchase price allocations on the Company’s consolidated balance sheet and the acquisition date fair value of the total consideration transferred were as follows: (in thousands) Cash $ 1,539 Trade accounts receivable 2,520 Other current assets 411 Intangible assets: Trademark (5-year useful life) 294 Non-compete agreements (3-year useful life) 34 Customer relationship (2-year useful life) 1,924 Goodwill 1,744 Other assets 95 Accounts and other current liabilities (2,403 ) Short-term debts (2,260 ) Other liabilities (97 ) Noncontrolling interest (410 ) Net assets $ 3,391 (in thousands) Supplemental information Cash paid to sellers $ 1,869 Cash contributed to Lumo 1,522 Total consideration $ 3,391 Goodwill was allocated to the GRE International segment. Goodwill is the excess of the consideration transferred over the net assets recognized and represents the expected revenue and cost synergies of the combined company and assembled workforce. Goodwill recognized as a result of the acquisition is not deductible for income tax purposes.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2020
Fair Value Measurements [Abstract]
Fair Value Measurements	Note 6—Fair Value Measurements The following table presents the balance of assets and liabilities measured at fair value on a recurring basis: Level 1 (1) Level 2 (2) Level 3 (3) Total (in thousands) September 30, 2020 Assets: Derivative contracts $ 461 $ 121 $ — $ 582 Liabilities: Derivative contracts $ 543 $ — $ — $ 543 December 31, 2019 Assets: Derivative contracts $ 5 $ 322 $ — $ 327 Liabilities: Derivative contracts $ 1,569 $ 410 $ — $ 1,979 (1) – quoted prices in active markets for identical assets or liabilities (2) – observable inputs other than quoted prices in active markets for identical assets and liabilities (3) – no observable pricing inputs in the market The Company’s derivative contracts consist of natural gas and electricity put and call options and swaps. The underlying asset in the Company’s put and call options is a forward contract. The Company’s swaps are agreements whereby a floating (or market or spot) price is exchanged for a fixed price over a specified period. The Company did not have any transfers of assets or liabilities between Level 1, Level 2 or Level 3 of the fair value measurement hierarchy during the period ended September 30, 2020 and 2019. The estimated fair value of the Company’s other financial instruments was determined using available market information or other appropriate valuation methodologies. However, considerable judgment is required in interpreting this data to develop estimates of fair value. Consequently, the estimates are not necessarily indicative of the amounts that could be realized or would be paid in a current market exchange. Restricted cash—short-term and long-term, trade receivables, due to IDT Corporation, other current assets and other current liabilities. At September 30, 2020 and December 31, 2019, the carrying amounts of these assets and liabilities approximated fair value. The fair value estimate for restricted cash—short-term and long-term was classified as Level 1. The carrying value of other current assets, due to IDT Corporation, and other current liabilities approximated fair value Other assets, revolving line of credit and notes payable. At September 30, 2020 and December 31, 2019, other assets included notes receivable. At September 30, 2020 The following table presents the items measured at fair value on a non-recurring basis: Level 1 Level 2 Level 3 Total (in thousands) September 30, 2020 Impairment of property and equipment $ — $ — $ 993 $ 993 December 31, 2019 Impairment of goodwill $ — $ — $ 400 $ 400 The primary non-recurring fair value estimates typically are in the context of business acquisitions (Note 5) which involve a combination of Level 2 and Level 3 inputs, goodwill impairment testing, which involves Level 3 inputs, and asset impairments (Note 8) which utilize Level 3 inputs. Concentration of Credit Risks The Company holds cash, cash equivalents, and restricted cash at several major financial institutions, which may exceed Federal Deposit Insurance Corporation insured limits. Historically, the Company has not experienced any losses due to such concentration of credit risk. The Company’s temporary cash investments policy is to limit the dollar amount of investments with any one financial institution and monitor the credit ratings of those institutions. While the Company may be exposed to credit losses due to the nonperformance of the holders of its deposits, the Company does not expect the settlement of these transactions to have a material effect on its results of operations, cash flows or financial condition. The following table summarizes the percentage of consolidated revenues from customers that equal or exceed 10.0% of the Company’s consolidated revenues in the period (no other single customer accounted for more than 10.0% of consolidated revenues in these periods): Nine Months Ended September 30, 2020 2019 Customer A 11 % na na-less than 10.0% of consolidated revenue in the period The following table summarizes the percentage of consolidated trade receivable by customers that equal or exceed 10.0% of consolidated trade receivables at September 30, 2020 and December 31, 2019 (no other single customer accounted for 10.0% or greater of our consolidated trade receivable as of September 30, 2020 or December 31, 2019): September 30, 2020 December 31, 2019 Customer A 13 % 11 %

Derivative Instruments

Derivative Instruments	9 Months Ended
	Sep. 30, 2020
Derivative Instruments [Abstract]
Derivative Instruments	Note 7 — The primary risk managed by the Company using derivative instruments is commodity price risk, which is accounted for in accordance with Accounting Standards Codification 815 — Derivatives and Hedging. Natural gas and electricity put and call options and swaps are entered into as hedges against unfavorable fluctuations in market prices of natural gas and electricity. The Company does not apply hedge accounting to these options or swaps, therefore the changes in fair value are recorded in earnings. By using derivative instruments to mitigate exposures to changes in commodity prices, the Company exposes itself to credit risk and market risk. Credit risk is the failure of the counterparty to perform under the terms of the derivative contract. When the fair value of a derivative contract is positive, the counterparty owes the Company, which creates credit risk. The Company minimizes the credit or repayment risk in derivative instruments by entering into transactions with high-quality counterparties. At September 30, 2020, GRE’s swaps and options were traded on the Intercontinental Exchange. GRE International's swaps and options were traded through counterparties. The summarized volume of GRE’s outstanding contracts and options at September 30, 2020 was as follows (MWh – Megawatt hour and Dth – Decatherm): Settlement Dates Volume Electricity (in MWH) Gas (in Dth) Fourth quarter 2020 134,931 563,030 First quarter 2021 127,092 532,550 Second quarter 2021 — 113,500 Third quarter 2021 36,000 82,400 Fourth quarter 2021 — 72,900 First quarter 2022 — 72,600 Second quarter 2022 — 43,800 Third quarter 2022 — 11,450 Fourth quarter 2022 — 10,400 First quarter 2023 — 10,700 Second quarter 2023 — 2,000 Third quarter 2023 — 150 The fair value of outstanding derivative instruments recorded in the accompanying consolidated balance sheets were as follows: Asset Derivatives Balance Sheet Location September 30, 2020 December 31, 2019 (in thousands) Derivatives not designated or not qualifying as hedging instruments: Energy contracts and options 1 Other current assets $ 540 $ 324 Energy contracts and options Other assets 42 3 Total derivatives not designated or not qualifying as hedging instruments — $ 582 $ 327 Liability Derivatives Derivatives not designated or not qualifying as hedging instruments: Energy contracts and options 1 Other current liabilities $ 526 1,909 Energy contracts and options Other liabilities 17 70 Total derivatives not designated or not qualifying as hedging instruments — Liabilities $ 543 $ 1,979 ( 1 The Company classifies derivative assets and liabilities as current based on the cash flows expected to be incurred within the following 12 . The effects of derivative instruments on the consolidated statements of operations was as follows: Amount of Loss Recognized on Derivatives Derivatives not designated or not qualifying as Location of Loss Recognized Three Months Ended September 30, Nine Months Ended September 30, hedging instruments on Derivatives 2020 2019 2020 2019 (in thousands) (in thousands) Energy contracts and options Cost of revenues $ ( ) $ (5,367 ) $ (23,352) $ ( 16,197 )

Assets and Liabilities Held for

Assets and Liabilities Held for Sale	9 Months Ended
	Sep. 30, 2020
Assets Held-for-sale, Long Lived [Abstract]
Assets and Liabilities Held for Sale	Note 8—Ass ets and In March 2020, the Company initiated a plan to sell the property, plant and equipment of Prism. Prism's 4.75 % notes payable to Catskill Hudson Bank are collateralized by Prism's land, building and improvements, and will be settled from the proceeds of the sale of the assets. In the first quarter of 2020 In the three and nine months ended September 30, 2020, Prism recorded loss from disposal of certain property and equipment classified as assets held for sale of $0.4 million and $0.5 million, respectively, included in the selling, general and administrative expenses in the consolidated statements of operations. The pending disposition of Prism's assets and liabilities held for sale did not meet the criteria to be reported as a discontinued operation. At September 30, 2020, assets held for sale of $2.4 million and liabilities held for sale o f $0.8 million were included in other current assets and other current liabilities, respectively, in the consolidated balance sheet. On December 11, 2019, the Company refinanced the 5.95% notes payable to Catskill Hudson Bank that were due in November 2019. The outstanding balance of notes payable of $0.9 million at December 11, 2019 will be payable in monthly equal annual installments for period of ten years. The outstanding principal amount incurs fixed interest at 4.75% per annum. The notes payable are secured by Prism's commercial property in Highland, New York. In March 2020 , the outstanding balance of the notes payable was transferred to liabilities held for sale as described above. In October 2020, the Company completed the sale of the remaining assets held for sale and the settlement of notes payable to Catskill Hudson Bank (see Note 22 —

Investment in Equity Method Inv

Investment in Equity Method Investees	9 Months Ended
	Sep. 30, 2020
Investment in Equity Method Investees [Abstract]
Investment in Equity Method Investees	Note 9—Investment in Equity Method Investees Investment in Shoreditch On July 17, 2017, the Company’s subsidiary, Genie Energy UK Ltd. (“GEUK”), entered into a definitive agreement with Energy Global Investments Pty Ltd (“EGC”) to launch Shoreditch Energy Limited (“Shoreditch”), a joint venture to offer electricity and natural gas service to residential and small business customers in the U.K., under the trade name Orbit Energy. In second quarter of 2020, the Company contributed $1.5 million to Shoreditch, which increased GEUK's total contribution to $9.5 million as of September 30, 2020. As of September 30, 2020, the Company owns 77.0% of the outstanding equity of Shoreditch. Prior to the Company acquiring the remaining 23.0% of Shoreditch, EGC had significant participation rights in the management of Shoreditch that limited GEUK’s ability to direct the activities that most significantly impact Shoreditch’s economic performance. GEUK, therefore, accounted for its ownership interest in Shoreditch using the equity method since GEUK had the ability to exercise significant influence over its operating and financial matters, although it did not control Shoreditch. In 2018, the Company extended a $0.2 million loan to EGC (“EGC Loan”), in connection with EGC’s contribution to Shoreditch. The EGC Loan, which is secured by EGC’s interest in Shoreditch, bears a fixed annual interest rate of 2.0% and is due, together with the principal amount, on September 17, 2023. As of September 30, 2020, the outstanding balance, including accrued interest, of the EGC Loan was $ 0.2 At September 30, 2020, the net book value of the Company's investment in Shoreditch was nil On October 8, 2020, the Company acquired the remaining 23.0% interest held by EGC. Refer to Note 22 — Summarized unaudited statements of operations of Shoreditch are as follows: Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 (in thousands) (in thousands) Revenues $ 15,079 $ 6,104 $ 49,595 $ 14,809 Operating expenses: Cost of revenues 14,280 5,915 46,195 14,107 Selling, general and administrative 5,013 3,045 11,709 7,514 Loss from operations (4,214) (2,856 ) (8,309) (6,812 ) Other — — — — Net loss $ (4,214) $ (2,856 ) $ (8,309) $ (6,812 ) Genie’s equity in net loss $ — $ — $ 1,502 $ 1,938 Investment in Atid 613 In September 2018, the Company divested a majority interest in Atid Drilling Ltd. in exchange for a 37.5% interest in a contracting drilling company in Israel ("Atid 613") which the Company accounts for using equity method of accounting. Summarized unaudited statements of operations of 613 Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 (in thousands) (in thousands) Revenues $ 248 $ 774 $ 2,009 $ 3,499 Operating expenses 618 1,141 2,479 3,684 Loss from operations (370 ) (367 ) (470 ) (185) Other (10 ) (28 ) (17 ) (47) Net income $ ( 380 ) (395 ) $ (487 ) $ (232) Genie’s equity in net loss $ 143 148 $ 179 $ 78 The Company also entered into a Shareholder Agreement with Atid 613's other shareholders to govern certain issues regarding management of the new company. Under the Shareholder Agreement, among other things, Genie Israel has agreed to make available to Atid 613 working capital financing up to $0.4 million ("Credit Facility"). The credit Facility bears a variable interest rate as defined in the Shareholder Agreement. As of September 30, 2020, the outstanding balance of Credit Facility was nil On August 12, 2019, the Company, together with the other shareholders of Atid 613 signed a Funding Agreement to provide aggregate loans to Atid 613 in an amount of up to New Israeli Shekel or NIS 5.1 million (equivalent to $1.5 million at September 30, 2020), including the Company's commitment to extend up to NIS1.9 million (equivalent to $0.5 million at September 30, 2020) of such amount. NIS 0.8 million (equivalent to At September 30, 2020, there w ere $ million loan receivables from Atid , At September 30, 2020 , the Company’s maximum exposure to loss as a result of its involvement with Atid 613 was the minimal ment and $0.2 million of notes receivable , since there

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	9 Months Ended
	Sep. 30, 2020
Goodwill and Other Intangible Assets [Abstract]
Goodwill and Other Intangible Assets	Note 10—Goodwill and Other Intangible Assets The table below reconciles the change in the carrying amount of goodwill for the period from January 1, 2020 to September 30, 2020: GRE GRE International GES Total (in thousands) Balance at January 1, 2020 $ 9,998 $ 1,733 $ 404 $ 12,135 Cumulative translation adjustment — 78 — 78 Balance at September 30, 2020 $ 9,998 $ 1,811 $ 404 $ 12,213 The table below presents information on the Company’s other intangible assets: Weighted Average Amortization Period Gross Carrying Amount Accumulated Amortization Net Balance (in thousands) September 30, 2020 Patents and trademarks 17.0 years $ 3,855 $ 767 $ 3,088 Non-compete agreements 3.0 years 35 21 14 Customer relationships 4.5 years 3,093 2,121 972 Licenses 10.0 years 1,224 231 993 Total $ 8,207 $ 3,140 $ 5,067 December 31, 2019 Trademark 17.1 years $ 3,842 $ 560 $ 3,282 Non-compete agreement 1.6 years 148 126 22 Customer relationships 3.9 years 6,706 3,941 2,765 Licenses 10.0 years 895 127 768 Total $ 11,591 $ 4,754 $ 6,837 In the second quarter of 2020, Prism renegotiated a contract with its main customer which resulted in impairment of customer relationship of $0.8 million included in the consolidated statements of operations. Amortization expense of intangible assets (including minimal amounts reported in cost of revenues) was $ 0.3 1.3 Amortization expense of intangible assets (including minimal amounts reported in cost of revenues) was $ 0.5 million and $ 1.5 million in the three and nine months ended September 30, 2019 , respectively. million, $0.5 million, $0.5 million, $0.5 million, $0.5 million

Accrued Expenses

Accrued Expenses	9 Months Ended
	Sep. 30, 2020
Payables and Accruals [Abstract]
Accrued Expenses	Note 11—Accrued Expenses Accrued expenses consisted of the following: September 30, 2020 December 31, 2019 (in thousands) Renewable energy $ 17,437 $ 13,502 Liability to customers related to promotions and retention incentives 9,263 8,201 Payroll and employee benefit 2,499 2,758 Other accrued expenses 2,137 1,655 Total accrued expenses $ 31,336 $ 26,116

Leases

Leases	9 Months Ended
	Sep. 30, 2020
Leases [Abstract]
Leases	Note12—Leases The Company entered into operating lease agreements primarily for offices in domestic and foreign locations where it has operations with lease periods expiring between 2020 and 2030. The Company has no finance leases. The Company determine if a contract is a lease at inception. Right-of-Use ("ROU") assets are included under other assets in the consolidated balance sheet. The current portion of the operating lease liabilities are included in other current liabilities and the noncurrent portion is included in other liabilities in the consolidated balance sheet. ROU assets and operating lease liabilities are recognized at the present value of the future lease payments at the lease commencement date. The interest rate used to determine the present value of the future lease payments is the incremental borrowing rate, because the interest rate implicit in most of our leases is not readily determinable. The incremental borrowing rate is estimated to approximate the interest rate on a collateralized borrowing rate based on information available at the lease commencement date. ROU assets also include any prepaid lease payments and lease incentives. The lease terms include periods under options to extend or terminate the lease when it is reasonably certain that we will exercise that option. The Company use the base, non-cancelable, lease term when determining the lease assets and liabilities. Operating lease expense is recognized on a straight-line basis over the lease term. September 30, 2020 December 31, 2019 (in thousands) ROU Assets $ 1,995 $ 2,357 Current portion of operating lease liabilities 465 479 Noncurrent portion of operating lease liabilities 1,579 1,917 Total $ 2,044 $ 2,396 At September 30, 2020, the weighted average remaining lease term is 7.7 Supplemental cash flow information for ROU assets and operating lease liabilities are as follows: Nine Months Ended September 30, 2020 2019 Cash paid for amounts included in the measurement of lease liabilities: (in thousands) Operating cash flows from operating activities $ 637 $ 471 ROU assets obtained in the exchange for lease liabilities Operating leases $ — $ 172 Future lease payments under operating leases as of September 30, 2020 were as follows: (in thousands) Remainder of 2020 $ 154 2021 557 2022 242 2023 221 2024 225 Thereafter 1,305 Total future lease payments 2,704 Less imputed interest 660 Total operating lease liabilities $ 2,044 Rental expenses under operating leases were 0.2 and $0.6 million in the three and nine months ended September 30, 2020 , respectively and $0.2 million and $0.7 million in the three and nine months ended September 30, 2019, respectively.

Equity

Equity	9 Months Ended
	Sep. 30, 2020
Equity [Abstract]
Equity	Note 13—Equity Dividend Payments The following table summarizes the quarterly dividends paid by the Company during the nine months ended September 30, 2020 (in thousands, except per share amounts): Declaration Date Dividend Per Share Aggregate Dividend Amount Record Date Payment Date Series 2012-A Preferred Stock (“Preferred Stock”) January 8, 2020 $ 0.1594 $ 370 February 6, 2020 February 15, 2020 April 22, 2020 0.1594 370 May 4, 2020 May 15, 2020 July 16, 2020 0.1594 370 August 6, 2020 August 14, 2020 Class A Common Stock and Class B Common Stock March 11, 2020 $ 0.0750 $ 1,975 March 24, 2020 April 3, 2020 May 5, 2020 0.0850 2,240 May 19, 2020 May 29, 2020 August 3, 2020 0.0850 2,218 August 18, 2020 August 26, 2020 On October 21, 2020, the Company’s Board of Directors declared a quarterly Base Dividend of $ per share on the Preferred Stock for the quarter of . The dividend will be paid on or about to stockholders of record as of the close of business . On November 4, 2020, the Company’s Board of Directors declared a quarterly dividend of $0.0850 per share on its Class A common stock and Class B common stock for the third quarter of 2020. The dividend will be paid on or about December 11, 2020 to stockholders of record as of the close of business on December 4, 2020. The Delaware General Corporation Law allows companies to declare dividends out of “Surplus,” which is calculated by deducting the par value of the company’s stock from the difference between total assets and total liabilities. The Company has elected to record dividends declared against accumulated deficit. Stock Repurchase Program On March 11, 2013, the Board of Directors of the Company approved a program for the repurchase of up to an aggregate of 7.0 million shares of the Company’s Class B common stock. In the , the Company acquired Class B common stock under the stock repurchase program for an aggregate amount of $ million. In the nine months ended September 30, 2020 , the Company acquired 224,944 Class B common stock under the stock repurchase program for an aggregate amount of $1.6 million. In the three and nine months ended September 30, 2019, the Company acquired 470,147 Class B common stock under the stock repurchase program for an aggregate amount of $3.4 million. At September 30, 2020, 5.9 million shares remained available for repurchase under the stock repurchase program. As of September 30, 2020 and December 31, 2019, there were 1.3 million and 1.0 million, respectively, outstanding shares of Class B common stock held in the Company's treasury, with a cost of $9.6 million and $7.7 million, respectively, at a weighted average cost per share of $7.44 and $7.46, respectively. Sales of Shares and Warrants On June 8, 2018, the Company sold to Howard S. Jonas, the Chairman of the Company’s Board of Directors and then a principal beneficial owner of the Company's common stock, shares of the Company’s Class B common stock and warrants to purchase an additional 1,048,218 shares of the Company’s Class B common stock at an exercise price of $4.77 per share for an aggregate exercise price of $5.0 million. The warrants will expire in June 2023. In addition, on June 12, 2018, the Company sold to a third-party investor treasury shares of the Company’s Class B common stock for an aggregate sales price of $1.0 million and warrants to purchase an additional 209,644 shares of the Company’s Class B common stock at an exercise price of $4.77 per share for an aggregate exercise price of $1.0 million. As of , there were outstanding 1,257,862 warrants to purchase the Company’s Class B common stock at $4.77 per share which will expire in June 2023. Stock-Based Compensation On May 8, 2019 and June 4, 2020, the Company’s stockholders approved an amendment to the Company’s 2011 Stock Option and Incentive Plan (the "2011 Plan") to reserve an additional 372,000 300,000 On February 11, 2019, shares of the Company’s Class B common stock at an exercise price of $ per share in lieu of a cash bonus of $ million. These options vest in equal annual installments beginning on February 11, 2020. In February 2020, the Company granted certain employees and members of its Board of Directors 305,000 deferred stock, which are subject to vesting in two tranches upon the achievement of a specified thirty-day average closing price of its common stock within specified periods of time ("market conditions") and the satisfaction of service-based vesting conditions. Each deferred stock unit entitle the grantee to receive up to two shares of Class B common stock of the Company upon achievement of market conditions. The Company used a Monte Carlo simulation model to estimate the grant-date fair value of the awards. Assumptions and estimates utilized in the model include the risk-free interest rate, dividend yield, expected stock volatility based on a combination of the Company’s historical stock volatility. As of , there were approximately $2.6 million of total unrecognized stock-based compensation costs. These costs are expected to be recognized over a weighted-average period of approximately years.

Variable Interest Entity

Variable Interest Entity	9 Months Ended
	Sep. 30, 2020
Variable Interest Entity, Consolidated, Carrying Amount, Assets and Liability, Net [Abstract]
Variable Interest Entity	Note 14—Variable Interest Entity Citizens Choice Energy, LLC (“CCE”), is a REP that resells electricity and natural gas to residential and small business customers in the State of New York. The Company does not own any interest in CCE. Since 2011, the Company has provided CCE with substantially all of the cash required to fund its operations. The Company determined that it has the power to direct the activities of CCE that most significantly impact its economic performance and it has the obligation to absorb losses of CCE that could potentially be significant to CCE on a stand-alone basis. The Company therefore determined that it is the primary beneficiary of CCE, and as a result, the Company consolidates CCE within its GRE segment. The net income or loss incurred by CCE was attributed to noncontrolling interests in the accompanying consolidated statements of operations. The Company has an option to purchase 100% of the issued and outstanding limited liability company interests of CCE for one dollar plus the forgiveness of $0.5 million that the Company loaned to CCE in October 2015. The option expires on October 22, 2023. Net loss related to CCE and aggregate net funding provided by the Company were as follows: Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 (in thousands) (in thousands) Net loss $ ( ) $ (238) $ (1,147) $ (304) Aggregate funding provided by the Company, net $ ( ) $ (304) $ (1,454) $ (311) Summarized combined balance sheet amounts related to CCE was as follows: September 30, 2020 December 31, 2019 (in thousands) Assets Cash, cash equivalents and restricted cash $ 804 $ 250 Trade accounts receivable 343 586 Prepaid expenses and other current assets 413 381 Other assets 359 359 Total assets $ 1,919 $ 1,576 Liabilities and noncontrolling interests Current liabilities $ 504 $ 467 Due to IDT Energy 4,052 2,598 Noncontrolling interests (2,637) (1,489 ) Total liabilities and noncontrolling interests $ 1,919 $ 1,576 The assets of CCE may only be used to settle obligations of CCE, and may not be used for other consolidated entities. The liabilities of CCE are non-recourse to the general credit of the Company’s other consolidated entities.

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2020
Income Taxes [Abstract]
Income Taxes	Note 15—Income Taxes The following table provided a summary of Company's effective tax rate: Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 Reported tax rate 28.0 % 28.9 % 29.2 % 57.0 % The slight decrease in the reported tax rate for three months ended September 30, 2020 compared to the same period in 2019, is a result of changes in the mix of jurisdictions in which the taxable income was earned. The decrease in the reported tax rate for the nine months ended September 30, 2020 compared to the same period in 2019 is a result of higher deductible business losses applied against taxable income in the current period due to jurisdictions of those taxable income and losses. CARES Act On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into U.S. federal law, which is aimed at providing emergency assistance and health care for individuals, families, and businesses affected by the COVID-19 pandemic and generally supporting the U.S. economy. The CARES Act, among other things, includes provisions related to refundable payroll tax credits, deferment of the employer portion of social security payments, net operating loss carryback periods, modifications to the net interest deduction limitations, and technical corrections to tax depreciation methods for qualified improvement property. For the three and nine months ended September 30, 2020, the CARES Act did not have a significant impact on the consolidated financial statements. On April 22, 2020, the Company obtained a Paycheck Protection Program Loan (the “PPP Note”) sponsored by the Small Business Administration (the “SBA”) under the CARES Act through a bank, providing for $2.4 million in proceeds, which were received on April 27, 2020. Based in part on additional guidance issued by the SBA, the Com pany returned the entire amount, plus minimal interest o

Earnings (Loss) Per Share

Earnings (Loss) Per Share	9 Months Ended
	Sep. 30, 2020
Earnings Per Share [Abstract]
Earnings (Loss) Per Share	Note 16—Earnings Per Share Basic earnings per share is computed by dividing net income or loss attributable to all classes of common stockholders of the Company by the weighted average number of shares of all classes of common stock outstanding during the applicable period. Diluted earnings per share is computed in the same manner as basic earnings per share, except that the number of shares is increased to include restricted stock still subject to risk of forfeiture and to assume exercise of potentially dilutive stock options using the treasury stock method, unless the effect of such increase is anti-dilutive. The weighted-average number of shares used in the calculation of basic and diluted earnings per share attributable to the Company’s common stockholders consists of the following: Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 (in (in thousands) Basic weighted-average number of shares 25,928 26,683 26,107 26,603 Effect of dilutive securities: Stock options and warrants 711 737 628 744 Non-vested restricted Class B common stock 130 249 104 194 Diluted weighted-average number of shares 26,769 27,669 26,839 27,541 The following shares were excluded from the diluted earnings per share computations: Nine Months Ended September 30, 2020 2019 2020 2019 (in (in thousands) Stock options — 126 126 126 Non-vested deferred stock units 610 — 610 — Stock options were excluded from the diluted earnings per share computation in the nine months ended September 30, 2020 and the three and nine months ended September 30, 2019 because the exercise prices of the stock options were greater that the average market prices of the Company's stock during the periods. Non-vested deferred stock units were excluded from the basic and diluted weighted average shares outstanding calculation because the market condition for vesting of those deferred stock units were not met as of September 30, 2020.

Related Party Transactions

Related Party Transactions	9 Months Ended
	Sep. 30, 2020
Related Party Transactions [Abstract]
Related Party Transactions	Note 17—Related Party Transactions The Company was formerly a subsidiary of IDT Corporation (“IDT”). On October 28, 2011, the Company was spun-off by IDT. The Company entered into various agreements with IDT prior to the spin-off including an agreement for certain services to be performed by the Company and IDT. Also, the Company provides specified administrative services to certain of IDT’s foreign subsidiaries. The Company leases office space and parking in New Jersey and Israel from Rafael Holdings, Inc. ("Rafael") a former subsidiary of IDT that was spun off from IDT in March 2018. Howard S. Jonas is the Chairman of the Board of Directors and Chief Executive Officer of Rafael. The leases expire in April 2025. The charges for services provided by IDT to the Company, and rent charged by Rafael, net of the charges for the services provided by the Company to IDT, are included in “Selling, general and administrative” expense in the consolidated statements of operations. Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 (in thousands) (in thousands) Amount IDT charged the Company $ 286 $ 260 $ 806 $ 698 Amount the Company charged IDT $ 35 $ 36 $ 114 $ 115 Amount Rafael charged the Company $ 56 $ 56 $ 168 $ 166 The following table presents the balance of receivables and payables to IDT and Rafael: September 30, 2020 December 31, 2019 (in thousands) Due to IDT $ 162 $ 434 Due from IDT $ 47 $ 45 Due to Rafael $ — $ — The Company had minimal transactions with Zedge, Inc. (“Zedge”) related to certain employees of the Company providing services to Zedge. Zedge was majority-owned subsidiary of IDT that was spun-off from IDT in June 2016. Howard Jonas is a director and Vice Chairman of the Board of Directors of Zedge. There is minimal amount due from Zedge at September 30, 2020 and December 31, 2019 The Company had notes receivable outstanding from employees of a nominal amount and $0.2 million at September 30, 2020 and December 31, 2019, respectively, which were included in “Other assets” in the accompanying consolidated balance sheet. From 2012 2015 nine The Company obtains insurance policies from several insurance brokers, one See Note 9, Investment in Equity Method Investees,

Business Segment Information

Business Segment Information	9 Months Ended
	Sep. 30, 2020
Business Segment Information [Abstract]
Business Segment Information	Note 18—Business Segment Information The Company h as r Its REP businesses resell electricity and natural gas to residential and small business customers in the Eastern and Midwestern United States. GRE International, operates REPs in Japan, Finland and Sweden and manages the Company's share in operations of Shoreditch in the U.K. equity investment in Atid 613. Corporate costs include unallocated compensation, consulting fees, legal fees, business development expenses and other corporate-related general and administrative expenses. Corporate does not generate any revenues, nor does it incur any cost of revenues. The Company’s reportable segments are distinguished by types of service, customers and methods used to provide their services. The operating results of these business segments are regularly reviewed by the Company’s chief operating decision-maker. The accounting policies of the segments are the same as the accounting policies of the Company as a whole. The Company evaluates the performance of its business segments based primarily on income (loss) from operations. There are no significant asymmetrical allocations to segments. Opera ting r (in thousands) GRE GRE International GES GOGAS Corporate Total Three Months Ended September 30, 2020 Revenues $ 89,492 $ 5,830 $ 1,004 $ — $ — $ 96,326 Income (loss) from operations 12,333 (1,574) (719) (146) (1,409) 8,485 Equity in the net loss of equity method investees — — — 142 4 146 Three Months Ended September 30, 2019 Revenues $ 81,649 $ 3,039 $ 1,025 $ — $ — $ 85,713 Income (loss) from operations 10,856 (1,560 ) (798 ) (283 ) (1,270 ) 6,945 Equity in net loss of equity method investees — — — 148 90 238 Nine Months Ended September 30, 2020 Revenues $ 235,108 $ 17,820 $ 23,524 $ — $ — $ 276,452 Income (loss) from operations 31,306 (4,701) (1,489) (541) (4,147) 20,428 Impairment of assets — — 993 — — 993 Equity in the net loss of equity method investees — 1,502 — 179 17 1,698 Nine Months Ended September 30, 2019 Revenues $ 212,598 $ 10,751 $ 9,989 $ — $ — $ 233,338 Income (loss) from operations 18,941 (4,911 ) (1,711 ) (828 ) (3,989 ) 7,502 Equity in net the (loss) income of equity method investees — 1,938 — 78 90 2,106 Total assets for the business segments of the Company wer e as (in thousands) GRE GRE International GES GOGAS Corporate Total Total assets: September 30, 2020 $ 116,925 $ 10,104 $ 5,538 $ 10,522 $ 5,803 $ 148,892 December 31, 2019 105,937 11,468 19,383 10,873 8,583 156,244

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2020
Commitments and Contingencies [Abstract]
Commitments and Contingencies	Note 19 Legal Proceedings On October 5, 2018, named plaintiffs Scott Mackey and Daniel Hernandez filed a putative class action complaint against IDT Energy in the United States District Court for the Northern District of Illinois alleging violations of the Telephone Consumer Protection Act, 47 227 On October 31, 2019, the court granted IDT Energy's motion to bifurcate individual and class claims (staying class discovery) to expedite discovery and dispositive motions related to the named plaintiffs. On January 9, 2020, the court granted IDT Energy's motion for summary judgement to dismiss one of the named plaintiffs for lack of personal jurisdiction. The remaining named plaintiff filed a motion to compel class discovery which was denied by the Court. On July 14, 2020, IDT Energy filed a motion for summary judgment to dismiss the remaining named plaintiff. IDT Energy denies the allegations in the complaint, which it believes to be meritless and plans to vigorously defend this action. Based upon the Company’s preliminary assessment of this matter, a loss is not considered probable, nor is the amount of loss, if any, estimable as of September 30, 2020. On February 18, 2020, named Plaintiff Danelle Davis filed a putative class action complaint against Residents Energy and GRE in United States District of New Jersey alleging violations of the Telephone Consumer Protection Act, 47 U.S.C § 227 et seq. Resident Energy denies allegations in the complaint and plans to vigorously defend this action. Based upon the Company's preliminary assessment of this matter, a loss is not considered probable, nor is the amount of loss if any, estimable as of September 30, 2020. On or around October 9, 2020, Residents Energy filed a preliminary motion to dismiss one of the counts in the complaint, and to dismiss GRE as a named defendant. In 2018, the Company settled previously filed class actions alleging harm caused by unlawful sales and marketing practices. On July 23, 2019, the Chapter 7 Trustee of the Aspirity Holdings, LLC bankruptcy filed an adversary complaint against Diversified Trading Company, LLC (f/k/a Kreiger Enterprises, LLC, "Krieger") and its subsidiaries and affiliates in connection with a note payable by Krieger to Aspirity. GRE purchased Retail Energy Holdings, LLC ("REH") which owns the TSE entities (which were subsidiaries of Krieger prior to the purchase) from Krieger in November 2016. One of the several counts in the complaints alleges that as subsidiaries of Kreiger at the time, REH and TSE, together with several other defendants, guaranteed Kreiger's obligations under the note. The Trustee is seeking combined damages of unpaid principal of approximately $16.0 million with unpaid accrued interest. The Company denies all allegations in the complaint and does not believe that REH or the TSE entities are liable for Krieger's obligations to Aspirity. On February 6, 2020, REH and the Trustee agreed to settle the dispute (withdrawal with full releases) in exchange for payment of $0.2 million by REH. On April 6, 2020, the parties signed a settlement agreement which was later approved by the Court. The Company accrued $0.2 million in the fourth quarter of 2019 and paid the settlement amount in June 2020. In addition to the matters disclosed above, the Company may from time to time be subject to legal proceedings that arise in the ordinary course of business. Although there can be no assurance in this regard, the Company does not expect any of those legal proceedings to have a material adverse effect on the Company’s results of operations, cash flows or financial condition. Agency and Regulatory Proceedings From time to time, the Company receives inquiries or requests for information or materials from public utility commissions or other governmental regulatory or law enforcement agencies related to investigations under statutory or regulatory schemes, and the Company responds those inquiries or requests. The Company cannot predict whether any of those matters will lead to claims or enforcement actions or whether the Company and the regulatory parties will enter into settlements before a formal claim is made. New York Public Service Commission Orders In December 2017, the New York Public Service Commission (“PSC”) held an evidentiary hearing to assess the retail energy market in New York. On December 12, 2019, following the completion of post-hearing briefings in the proceedings, the PSC issued orders adopting the changes to the New York retail energy market, effective February 14, 2021 ("2020 Order"). The 2020 Order limits the types of the services energy retailer marketers may offer new customers or renewals, in terms of pricing for non-renewable commodities and renewable product offerings. Although the Company is working to ensure that its products and services are fully compatible with the 2020 Orders, such compliance may adversely impact customer acquisition and renewal revenue and profitability. The Company is evaluating its options, both by itself and in tandem with other industry participants, to challenge or petition for additional clarity and changes to the 2020 Orders. There is insufficient basis to deem any loss probable or to assess the amount of any possible loss based on the changes instituted by the 2020 Order. For the three and nine months ended September 30, 2020 gross revenue from New York was $14.3 million and $43.2 million, respectively. State of Connecticut Public Utilities Regulatory Authority On September 19, 2018, the State of Connecticut Public Utilities Regulatory Authority (“PURA”) commenced an investigation into Town Square following customer complaints of allegedly misleading and deceptive sales practices on the part of Town Square. The Connecticut Office of Consumer Counsel has joined in the investigation. PURA notified Town Square that it was advancing its investigation by assigning Prosecutorial ("PRO") staff for the purpose of investigating Town Square’s compliance with licensed electric supplier billing, marketing, and licensing requirements, and, if appropriate, facilitating settlement discussions among the parties that contains, but is not limited to, an appropriate civil penalty, extensive retraining of the supplier’s third-party agents, and retention of all sales calls with continued auditing. As of September 30, 2020, no claims or demands have been made against Town Square by either agency, and there is insufficient basis to deem the loss probable or to the assess the amount of any possible loss. In December 2019, PURA issued a Proposed Final Decision that would require electric suppliers to return all of their “Hardship Customers” to the local utility company by March 1, 2020. In January 2020, PURA issued a Proposed Final Decision containing new marketing standards for electric suppliers to comply with. The supplier industry has filed opposition to both PURA decisions. State of Illinois Office of the Attorney General In response to complaints that IDT Energy enrolled consumers without their express consent and misrepresented the amount of savings those consumers would receive, the Office of the Attorney General of the State of Illinois (“IL AG”) has been investigating the marketing practices of IDT Energy and has alleged violations of the Consumer Fraud and Deceptive Business Practices Act, 815 ILCS 505/1 et seq et seq In third quarter of 2018, the Company recorded a liability of $3.0 million recorded as a reduction of electricity revenues in the consolidated statements of operations. In third quarter of 2019, the Company settled the liability. For the three nine months ended September 30, 2020 Other Reviews or Investigations From time to time regulators may initiate reviews, compliance checks or issue subpoenas for information as means to evaluate the Company and its subsidiaries’ compliance with applicable laws, rules, regulations and practices. The Massachusetts Department of Public On October 25, 2019, the Office of the IL AG notified Residents Energy (by way of subpoena) that it is conducting an investigation to assess compliance with the Illinois Consumer Fraud and Deceptive Business Practices Act. The notice was issued in the form of a subpoena in the course of the foregoing. The Company, which has responded in part, has challenged the merits of the subpoena and investigation which it believes is precluded by the broader settlement with IDT Energy. The IL AG is seeking to compel Residents Energy's response to its subpoena. Residents Energy denies any wrongdoing on its part. As of September 30, 2020, no claims or demands have been made against Residents Energy by the IL AG, and there is insufficient basis to deem any loss probable or to assess the amount of any possible loss. In response to certain customers complaints, the State of Maine Public Utility Commission ("MPUC") has opened a review of the door to door marketing practices of Town Square. In connection with the review, the MPUC has requested information from Town Square demonstrating compliance in the form of an order to show cause as to why its marketing practices are in compliance and it should be permitted to continue licensed operations in Maine. Town Square has responded to the request and is cooperating with MUPC's review. As of September 30, 2020 Other Commitments Purchase Commitments The Company had future purchase commitments of $155.6 million at September 30, 2020, of which $99.5 million was for future purchase of electricity. The purchase commitments outstanding as of September 30, 2020 are expected to be paid as follows: (in thousands) Remainder of 2020 $ 25,718 2021 69,184 2022 38,753 2023 20,028 2024 1,880 Thereafter — Total payments $ 155,563 In three months ended September 30, 2020, the Company purchased $23.2 million and $5.9 million of electricity and renewable energy credits, respectively, under these purchase commitments. In the nine months ended September 30, 2020, Company purchased $43.1 million and $12.5 million of electricity and renewable energy credit, respectively. Renewable Energy Credits GRE must obtain a certain percentage or amount of its power supply from renewable energy sources in order to meet the requirements of renewable portfolio standards in the states in which it operates. This requirement may be met by obtaining renewable energy credits that provide evidence that electricity has been generated by a qualifying renewable facility or resource. At September 30, 2020, GRE had commitments to purchase renewable energy credits of $56.1 million. Performance Bonds and Unused Letters of Credit GRE has performance bonds issued through a third party for certain utility companies and for the benefit of various states in order to comply with the states’ financial requirements for REPs. At September 30, 2020, GRE had aggregate performance bonds of $13.3 million outstanding and unused letters of credit of $2.3 million. BP Energy Company Preferred Supplier Agreement Certain of GRE’s REPs are party to an Amended and Restated Preferred Supplier Agreement with BP, which is to be in effect through November 30, 2020. Un der the agreement, the REPs purchase electricity and natural gas at market rate plus a fee. The obligations to BP are secured by a first security interest in deposits or receivables from utilities in connection with their purchase of the REPs’ customer’s receivables, and in any cash deposits or letters of credit posted in connection with any collateral accounts with BP. In addition, the REPs must pay an advance payment of $2.5 million to BP each month that BP will apply to the next invoiced amount due to BP. The ability to purchase electricity and natural gas under this agreement is subject to satisfaction of certain conditions including the maintenance of certain covenants. At September 30, 2020, the Company was in compliance with such covenants. At September 30, 2020, restricted cash—short-term of $23.9 million and trade accounts receivable of $44.6 million were pledged to BP as collateral for the payment of trade accounts payable to BP of $14.8 million at September 30, 2020.

Debt

Debt	9 Months Ended
	Sep. 30, 2020
Debt [Abstract]
Debt	Note 20—Debt Loan with Tokyo Star Bank On November 28, 2019, Genie Japan entered into a Loan Agreement with Tokyo Star Bank for a ¥100.0 million (equivalent to $0.9 million) short-term credit facility. Genie Japan provided a letter of credit issued by JPMorgan Chase amounting to ¥100.0 million (equivalent to $0.9 million) as collateral. The outstanding principal amount incurred interest at Tokyo Star Bank's short-term prime rate plus 0.25% per annum. Interest was payable monthly and all outstanding principal and any accrued and unpaid interest matured on May 13, 2020. Genie Japan settled the Loan agreement and paid the outstanding balance of ¥100.0 million (equivalent to $0.9 million) on May 13, 2020. On May 13, 2020, Genie Japan entered into a new Loan Agreement with Tokyo Star Bank for a ¥150.0 million (equivalent to $1.4 million) short-term credit facility ("May 2020 Loan"). Genie Japan provided a letter of credit issued by JPMorgan Chase in the amount of ¥150.0 million (equivalent to $1.4 million) as collateral. The outstanding principal amount incurs interest at 3.0% per annum. Interest is payable monthly and all outstanding principal and any accrued and unpaid interest mature on November 13, 2020. At September 30, 2020, $1.4 million was outstanding under the May 2020 Loan. At September 30, 2020, the effective interest rate was 3.0%. Revolving Line of Credit with Vantage Commodities On April 4, 2017, GRE, IDT Energy, and other GRE subsidiaries entered into a Credit Agreement with Vantage Commodities Financial Services II, LLC ("Vantage") for a $20.0 million revolving loan facility. The borrowers consist of the Company’s subsidiaries that operate REP businesses, and those subsidiaries’ obligations are guaranteed by GRE. The borrowers have provided as collateral a security interest in their receivables, bank accounts, customer agreements, certain other material agreements and related commercial and intangible rights. The outstanding principal amount incurred interest at LIBOR plus 4.5% per annum. In April 2020, the revolving line of credit expired and the Company paid the outstanding balance of $ million in exchange for the release and termination of any further obligations and security interest. Credit Agreement with JP Morgan Chase Bank On December 5, 2019, the Company entered into an amendment of its existing Credit Agreement with JPMorgan Chase Bank ( the “Credit Agreement”) to extend the maturity date of December 31, 2020. The Company continues to have the aggregate principal amount of $5.0 million credit line facility (“Credit Line”). The Company pays a commitment fee of 0.1% per annum on unused portion of the Credit Line as specified in the Credit Agreement. The borrowed amounts will be in the form of letters of credit which will bear interest of 1.0% per annum. The Company will also pay a fee for each letter of credit that is issued equal to the greater of $500 or 1.0% of the original maximum available amount of the letter of credit. The Company agreed to deposit cash in a money market account at JPMorgan Chase Bank as collateral for the line of credit equal to $5.1 million. As of, September 30, 2020 September 30, 2020 September 30, 2020

Recently Issued Accounting Stan

Recently Issued Accounting Standards	9 Months Ended
	Sep. 30, 2020
Recently Issued Accounting Standards [Abstract]
Recently Issued Accounting Standards	Note 21—Recently Issued Accounting Standards In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) The Company adopted Topic 842 as of January 1, 2019 using a modified retrospective transition method. The financial results reported in periods prior to January 1, 2019 are not adjusted. The Company also elected the package of practical expedients, which among other things, does not require reassessment of lease classification. As most of the Company's leases do not provide an implicit rate, we used our collateralized incremental borrowing rate based on the information available at the lease implementation date in determining the present value of the lease payments. At January 1, 2019, the Company recognized $2.4 million of ROU assets related to the Company's operating leases. The ROU was included in other assets in the consolidated balance sheet. The Company also recognized $0.4 million and $2.0 million of current and noncurrent lease liabilities, included in other current liabilities and other liabilities in the consolidated balance sheets. In June 2016, the FASB issued ASU No. 2016-13, Measurement of Credit Losses on Financial Instruments , that changes the impairment model for most financial assets and certain other instruments. For receivables, loans and other instruments, entities will be required to use a new forward-looking “expected loss” model that generally will result in the earlier recognition of allowance for losses. For available-for-sale debt securities with unrealized losses, entities will measure credit losses in a manner similar to current practice, except the losses will be recognized as allowances instead of reductions in the amortized cost of the securities. In addition, an entity will have to disclose significantly more information about allowances, credit quality indicators and past due securities. The new provisions will be applied as a cumulative-effect adjustment to retained earnings. The Company will adopt the new standard on January 1, 2023. The Company is evaluating the impact that the new standard will have on its consolidated financial statements. In June 2018, the FASB issued ASU No. 2018-07, Improvements to Nonemployee Share-Based Payment Accounting In August 2018, the FASB issued ASU No. 2018-13, Disclosure Framework—Changes to the Disclosure Requirements for Fair Value Measurement The Company adopted the ASU on January 1, 2020. In November 2018, the FASB issued ASU No. 2018-17, Targeted Improvements to Related Party Guidance for Variable Interest Entities The Company adopted the ASU on January 1, 2020. The adoption of the ASU does not have a significant impact on the consolidated financial statements. In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes

Subsequent Event

Subsequent Event	9 Months Ended
	Sep. 30, 2020
Subsequent Events [Abstract]
Subsequent Event	Note —Subsequent Event Acquisition of Minority Interest in Shoreditch On the Company entered into an agreement (the “Purchase Agreement”) with EGC under which GEUK purchased EGC’s remaining interest in Shoreditch, in exchange for a cash payment of £1.3 million (equivalent to $1.7 million on the date of closing) offset by £0.2 million (equivalent to $0.2 million on the date of closing) in amounts owing from EGC to the Company under a loan provided to EGC in 2018 related to EGC’s capital contributions to Shoreditch. Following the transaction, Shoreditch is a wholly-owned subsidiary of GEUK. Following the transaction, EGC has no rights in the management of Shoreditch and GEUK has complete control over the activities of Shoreditch. The acquisition of the controlling interest of Shoreditch will be accounted for using the acquisition method of business combination under ASC 805, Business Combinations. The initial accounting for the business combination is incomplete due to the timing of the acquisition, therefore, the Company is unable to disclose certain information required by ASC 805. The Company will provide preliminary purchase price allocation information in the Company’s Annual Report on Form 10-K for the period ending December 31, 2020. Sale of Assets Held for Sale On October 16, 2020, the Company completed the sale of certain property of Prism classified as assets held of sale (see Note 9 —

Cash, Cash Equivalents, and R_2

Cash, Cash Equivalents, and Restricted Cash (Tables)	9 Months Ended
	Sep. 30, 2020
Cash, Cash Equivalents, and Restricted Cash [Abstract]
Schedule of reconciliation of cash, cash equivalents, and restricted cash	September 30, 2020 December 31, 2019 (in thousands) Cash and cash equivalents $ 19,556 $ 31,242 Restricted cash—short-term 29,104 6,792 Restricted cash—long-term 570 520 Total cash, cash equivalents, and restricted cash $ 49,230 $ 38,554

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Sep. 30, 2020
Inventories [Abstract]
Schedule of Inventories	September 30, 2020 December 31, 2019 (in thousands) Natural gas $ 1,025 $ 1,052 Renewable credits 11,354 14,940 Solar Panels: Finished goods 893 424 Raw materials 142 216 Total solar panels inventory 1,035 640 Totals $ 13,414 $ 16,632

Revenue Recognition (Tables)

Revenue Recognition (Tables)	9 Months Ended
	Sep. 30, 2020
Revenue Recognition [Abstract]
Schedule of revenues disaggregated	Electricity Natural Gas Other Total (in thousands) Three Months Ended September 30, 2020 Fixed rate $ 41,707 $ 631 $ — $ 42,338 Variable rate 50,086 2,093 — 52,179 Other — — 1,809 1,809 Total $ 91,793 $ 2,724 $ 1,809 $ 96,326 Three Months Ended September 30, 2019 Fixed rate $ 39,994 $ 528 $ — $ 40,522 Variable rate 41,479 2,641 — 44,120 Other — — 1,071 1,071 Total $ 81,473 $ 3,169 $ 1,071 $ 85,713 Nine Months Ended September 30, 2020 Fixed rate $ 99,278 $ 3,200 $ — $ 102,478 Variable rate 128,393 20,990 — 149,383 Other — — 24,591 24,591 Total $ 227,671 $ 24,190 $ 24,591 $ 276,452 Nine Months Ended September 30, 2019 Fixed rate $ 88,027 $ 2,313 $ — $ 90,340 Variable rate 108,115 24,756 — 132,871 Other — — 10,127 10,127 Total $ 196,142 $ 27,069 $ 10,127 $ 233,338 Electricity Natural Gas Other Total (in thousands) Three Months Ended September 30, 2020 Non-Commercial Channel $ 75,214 $ 1,747 $ — $ 76,961 Commercial Channel 16,579 977 — 17,556 Other — — 1,809 1,809 Total $ 91,793 $ 2,724 $ 1,809 $ 96,326 Three Months Ended September 30, 2019 Non-Commercial Channel $ 66,092 $ 2,072 $ — $ 68,164 Commercial Channel 15,381 1,097 — 16,478 Other — — 1,071 1,071 Total $ 81,473 $ 3,169 $ 1,071 $ 85,713 Nine Months Ended September 30, 2020 Non-Commercial Channel $ 190,970 $ 20,750 $ — $ 211,720 Commercial Channel 36,701 3,440 — 40,141 Other — — 24,591 24,591 Total $ 227,671 $ 24,190 $ 24,591 $ 276,452 Nine Months Ended September 30, 2019 Non-Commercial Channel $ 164,183 $ 22,986 $ — $ 187,169 Commercial Channel 31,959 4,083 — 36,042 Other — — 10,127 10,127 Total $ 196,142 $ 27,069 $ 10,127 $ 233,338
Schedule of contract liability	Nine Months Ended September 30, 2020 2019 (in thousands) Contract liability, beginning $ 13,426 $ 1,137 Recognition of revenue included in the beginning of year contract liability (13,004) (558 ) Additions during the period, net of revenue recognized during the period 611 4,064 Contract liability, end $ 1,033 $ 4,643

Acquisition (Tables)

Acquisition (Tables)	9 Months Ended
	Sep. 30, 2020
Lumo Energia Oyj [Member]
Business Acquisition [Line Items]
Schedule of acquisition's purchase price allocations	(in thousands) Cash $ 1,539 Trade accounts receivable 2,520 Other current assets 411 Intangible assets: Trademark (5-year useful life) 294 Non-compete agreements (3-year useful life) 34 Customer relationship (2-year useful life) 1,924 Goodwill 1,744 Other assets 95 Accounts and other current liabilities (2,403 ) Short-term debts (2,260 ) Other liabilities (97 ) Noncontrolling interest (410 ) Net assets $ 3,391 (in thousands) Supplemental information Cash paid to sellers $ 1,869 Cash contributed to Lumo 1,522 Total consideration $ 3,391

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2020
Concentration Risk [Line Items]
Schedule of balance of assets and liabilities measured at fair value on a recurring basis	Level 1 (1) Level 2 (2) Level 3 (3) Total (in thousands) September 30, 2020 Assets: Derivative contracts $ 461 $ 121 $ — $ 582 Liabilities: Derivative contracts $ 543 $ — $ — $ 543 December 31, 2019 Assets: Derivative contracts $ 5 $ 322 $ — $ 327 Liabilities: Derivative contracts $ 1,569 $ 410 $ — $ 1,979 (1) – quoted prices in active markets for identical assets or liabilities (2) – observable inputs other than quoted prices in active markets for identical assets and liabilities (3) – no observable pricing inputs in the market
Schedule of fair value on non recurring basis	Level 1 Level 2 Level 3 Total (in thousands) September 30, 2020 Impairment of property and equipment $ — $ — $ 993 $ 993 December 31, 2019 Impairment of goodwill $ — $ — $ 400 $ 400
Consolidated revenues [Member] | Customer Concentration Risk [Member]
Concentration Risk [Line Items]
Schedule of concentration risk	Nine Months Ended September 30, 2020 2019 Customer A 11 % na na-less than 10.0% of consolidated revenue in the period
Consolidated gross trade accounts receivable [Member] | Customer Concentration Risk [Member]
Concentration Risk [Line Items]
Schedule of concentration risk	September 30, 2020 December 31, 2019 Customer A 13 % 11 %

Derivative Instruments (Tables)

Derivative Instruments (Tables)	9 Months Ended
	Sep. 30, 2020
Derivative Instruments [Abstract]
Schedule of volume of GRE's outstanding contracts and options	Settlement Dates Volume Electricity (in MWH) Gas (in Dth) Fourth quarter 2020 134,931 563,030 First quarter 2021 127,092 532,550 Second quarter 2021 — 113,500 Third quarter 2021 36,000 82,400 Fourth quarter 2021 — 72,900 First quarter 2022 — 72,600 Second quarter 2022 — 43,800 Third quarter 2022 — 11,450 Fourth quarter 2022 — 10,400 First quarter 2023 — 10,700 Second quarter 2023 — 2,000 Third quarter 2023 — 150
Schedule of fair value of outstanding derivative instruments recorded as assets and liability	Asset Derivatives Balance Sheet Location September 30, 2020 December 31, 2019 (in thousands) Derivatives not designated or not qualifying as hedging instruments: Energy contracts and options 1 Other current assets $ 540 $ 324 Energy contracts and options Other assets 42 3 Total derivatives not designated or not qualifying as hedging instruments — $ 582 $ 327 Liability Derivatives Derivatives not designated or not qualifying as hedging instruments: Energy contracts and options 1 Other current liabilities $ 526 1,909 Energy contracts and options Other liabilities 17 70 Total derivatives not designated or not qualifying as hedging instruments — Liabilities $ 543 $ 1,979 ( 1 The Company classifies derivative assets and liabilities as current based on the cash flows expected to be incurred within the following 12 .
Schedule of derivative instruments on the consolidated statements of operations	Amount of Loss Recognized on Derivatives Derivatives not designated or not qualifying as Location of Loss Recognized Three Months Ended September 30, Nine Months Ended September 30, hedging instruments on Derivatives 2020 2019 2020 2019 (in thousands) (in thousands) Energy contracts and options Cost of revenues $ ( ) $ (5,367 ) $ (23,352) $ ( 16,197 )

Investment in Equity Method I_2

Investment in Equity Method Investees (Tables)	9 Months Ended
	Sep. 30, 2020
Shoreditch [Member]
Schedule of Equity Method Investments [Line Items]
Schedule of unaudited statements of operations	Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 (in thousands) (in thousands) Revenues $ 15,079 $ 6,104 $ 49,595 $ 14,809 Operating expenses: Cost of revenues 14,280 5,915 46,195 14,107 Selling, general and administrative 5,013 3,045 11,709 7,514 Loss from operations (4,214) (2,856 ) (8,309) (6,812 ) Other — — — — Net loss $ (4,214) $ (2,856 ) $ (8,309) $ (6,812 ) Genie’s equity in net loss $ — $ — $ 1,502 $ 1,938
New Atid [Member]
Schedule of Equity Method Investments [Line Items]
Schedule of unaudited statements of operations	Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 (in thousands) (in thousands) Revenues $ 248 $ 774 $ 2,009 $ 3,499 Operating expenses 618 1,141 2,479 3,684 Loss from operations (370 ) (367 ) (470 ) (185) Other (10 ) (28 ) (17 ) (47) Net income $ ( 380 ) (395 ) $ (487 ) $ (232) Genie’s equity in net loss $ 143 148 $ 179 $ 78

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2020
Goodwill and Other Intangible Assets [Abstract]
Schedule of goodwill	GRE GRE International GES Total (in thousands) Balance at January 1, 2020 $ 9,998 $ 1,733 $ 404 $ 12,135 Cumulative translation adjustment — 78 — 78 Balance at September 30, 2020 $ 9,998 $ 1,811 $ 404 $ 12,213
Schedule of other intangible assets	Weighted Average Amortization Period Gross Carrying Amount Accumulated Amortization Net Balance (in thousands) September 30, 2020 Patents and trademarks 17.0 years $ 3,855 $ 767 $ 3,088 Non-compete agreements 3.0 years 35 21 14 Customer relationships 4.5 years 3,093 2,121 972 Licenses 10.0 years 1,224 231 993 Total $ 8,207 $ 3,140 $ 5,067 December 31, 2019 Trademark 17.1 years $ 3,842 $ 560 $ 3,282 Non-compete agreement 1.6 years 148 126 22 Customer relationships 3.9 years 6,706 3,941 2,765 Licenses 10.0 years 895 127 768 Total $ 11,591 $ 4,754 $ 6,837

Accrued Expenses (Tables)

Accrued Expenses (Tables)	9 Months Ended
	Sep. 30, 2020
Payables and Accruals [Abstract]
Schedule of accrued expenses	September 30, 2020 December 31, 2019 (in thousands) Renewable energy $ 17,437 $ 13,502 Liability to customers related to promotions and retention incentives 9,263 8,201 Payroll and employee benefit 2,499 2,758 Other accrued expenses 2,137 1,655 Total accrued expenses $ 31,336 $ 26,116

Leases (Tables)

Leases (Tables)	9 Months Ended
	Sep. 30, 2020
Leases [Abstract]
Schedule of operating lease expense	September 30, 2020 December 31, 2019 (in thousands) ROU Assets $ 1,995 $ 2,357 Current portion of operating lease liabilities 465 479 Noncurrent portion of operating lease liabilities 1,579 1,917 Total $ 2,044 $ 2,396
Schedule of supplemental cash flow information	Nine Months Ended September 30, 2020 2019 Cash paid for amounts included in the measurement of lease liabilities: (in thousands) Operating cash flows from operating activities $ 637 $ 471 ROU assets obtained in the exchange for lease liabilities Operating leases $ — $ 172
Schedule of future operating lease	(in thousands) Remainder of 2020 $ 154 2021 557 2022 242 2023 221 2024 225 Thereafter 1,305 Total future lease payments 2,704 Less imputed interest 660 Total operating lease liabilities $ 2,044

Equity (Tables)

Equity (Tables)	9 Months Ended
	Sep. 30, 2020
Equity [Abstract]
Schedule of dividend paid	Declaration Date Dividend Per Share Aggregate Dividend Amount Record Date Payment Date Series 2012-A Preferred Stock (“Preferred Stock”) January 8, 2020 $ 0.1594 $ 370 February 6, 2020 February 15, 2020 April 22, 2020 0.1594 370 May 4, 2020 May 15, 2020 July 16, 2020 0.1594 370 August 6, 2020 August 14, 2020 Class A Common Stock and Class B Common Stock March 11, 2020 $ 0.0750 $ 1,975 March 24, 2020 April 3, 2020 May 5, 2020 0.0850 2,240 May 19, 2020 May 29, 2020 August 3, 2020 0.0850 2,218 August 18, 2020 August 26, 2020

Variable Interest Entity (Table

Variable Interest Entity (Tables)	9 Months Ended
	Sep. 30, 2020
Variable Interest Entity, Consolidated, Carrying Amount, Assets and Liability, Net [Abstract]
Schedule of net loss related to CCE and aggregate net funding	Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 (in thousands) (in thousands) Net loss $ ( ) $ (238) $ (1,147) $ (304) Aggregate funding provided by the Company, net $ ( ) $ (304) $ (1,454) $ (311)
Schedule of combined balance sheet amounts related to CCE	September 30, 2020 December 31, 2019 (in thousands) Assets Cash, cash equivalents and restricted cash $ 804 $ 250 Trade accounts receivable 343 586 Prepaid expenses and other current assets 413 381 Other assets 359 359 Total assets $ 1,919 $ 1,576 Liabilities and noncontrolling interests Current liabilities $ 504 $ 467 Due to IDT Energy 4,052 2,598 Noncontrolling interests (2,637) (1,489 ) Total liabilities and noncontrolling interests $ 1,919 $ 1,576

Income Taxes (Tables)

Income Taxes (Tables)	9 Months Ended
	Sep. 30, 2020
Income Taxes [Abstract]
Schedule of company's effective tax rate	Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 Reported tax rate 28.0 % 28.9 % 29.2 % 57.0 %

Earnings (Loss) Per Share (Tabl

Earnings (Loss) Per Share (Tables)	9 Months Ended
	Sep. 30, 2020
Earnings Per Share [Abstract]
Schedule of weighted-average number of shares used in the calculation of basic and diluted earnings per share	Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 (in (in thousands) Basic weighted-average number of shares 25,928 26,683 26,107 26,603 Effect of dilutive securities: Stock options and warrants 711 737 628 744 Non-vested restricted Class B common stock 130 249 104 194 Diluted weighted-average number of shares 26,769 27,669 26,839 27,541
Schedule of shares were excluded from the diluted earnings per share	Nine Months Ended September 30, 2020 2019 2020 2019 (in (in thousands) Stock options — 126 126 126 Non-vested deferred stock units 610 — 610 —

Related Party Transactions (Tab

Related Party Transactions (Tables)	9 Months Ended
	Sep. 30, 2020
Related Party Transactions [Abstract]
Schedule of related party transactions	Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 (in thousands) (in thousands) Amount IDT charged the Company $ 286 $ 260 $ 806 $ 698 Amount the Company charged IDT $ 35 $ 36 $ 114 $ 115 Amount Rafael charged the Company $ 56 $ 56 $ 168 $ 166
Schedule of receivables and payables	September 30, 2020 December 31, 2019 (in thousands) Due to IDT $ 162 $ 434 Due from IDT $ 47 $ 45 Due to Rafael $ — $ —

Business Segment Information (T

Business Segment Information (Tables)	9 Months Ended
	Sep. 30, 2020
Business Segment Information [Abstract]
Schedule of operating results for the business segments	(in thousands) GRE GRE International GES GOGAS Corporate Total Three Months Ended September 30, 2020 Revenues $ 89,492 $ 5,830 $ 1,004 $ — $ — $ 96,326 Income (loss) from operations 12,333 (1,574) (719) (146) (1,409) 8,485 Equity in the net loss of equity method investees — — — 142 4 146 Three Months Ended September 30, 2019 Revenues $ 81,649 $ 3,039 $ 1,025 $ — $ — $ 85,713 Income (loss) from operations 10,856 (1,560 ) (798 ) (283 ) (1,270 ) 6,945 Equity in net loss of equity method investees — — — 148 90 238 Nine Months Ended September 30, 2020 Revenues $ 235,108 $ 17,820 $ 23,524 $ — $ — $ 276,452 Income (loss) from operations 31,306 (4,701) (1,489) (541) (4,147) 20,428 Impairment of assets — — 993 — — 993 Equity in the net loss of equity method investees — 1,502 — 179 17 1,698 Nine Months Ended September 30, 2019 Revenues $ 212,598 $ 10,751 $ 9,989 $ — $ — $ 233,338 Income (loss) from operations 18,941 (4,911 ) (1,711 ) (828 ) (3,989 ) 7,502 Equity in net the (loss) income of equity method investees — 1,938 — 78 90 2,106
Schedule of total assets for the business segments	(in thousands) GRE GRE International GES GOGAS Corporate Total Total assets: September 30, 2020 $ 116,925 $ 10,104 $ 5,538 $ 10,522 $ 5,803 $ 148,892 December 31, 2019 105,937 11,468 19,383 10,873 8,583 156,244

Commitments and Contingencies (

Commitments and Contingencies (Tables)	9 Months Ended
	Sep. 30, 2020
Commitments and Contingencies [Abstract]
Schedule of purchase commitments outstanding	(in thousands) Remainder of 2020 $ 25,718 2021 69,184 2022 38,753 2023 20,028 2024 1,880 Thereafter — Total payments $ 155,563

Basis of Presentation (Details)

Basis of Presentation (Details) - USD ($) $ in Millions	Oct. 31, 2020	Sep. 29, 2019	Mar. 31, 2019	Sep. 30, 2018	Mar. 31, 2018	Sep. 30, 2020	Sep. 30, 2019
Basis of Presentation (Textual)
Accounts Payable, Current						$ 14.8
Genie Retail Energy [Member]
Basis of Presentation (Textual)
Company's investment, ownership percentage in subsidiary						100.00%
Percentage of gas revenue generated in given period			46.90%		50.30%
Percentage of electricity revenue generated in given period		31.80%		29.50%
Genie Oil and Gas, Inc. [Member]
Basis of Presentation (Textual)
Company's investment, ownership percentage in subsidiary						97.00%
Genie Energy Services [Member]
Basis of Presentation (Textual)
Company's investment, ownership percentage in subsidiary						100.00%
Prism Solar Technology [Member]
Basis of Presentation (Textual)
Business acquired interest						60.00%
Afek Oil and Gas, Ltd. [Member]
Basis of Presentation (Textual)
Company's investment, ownership percentage in subsidiary						86.10%
Lumo Energia Oyj [Member]
Basis of Presentation (Textual)
Company's investment, ownership percentage in subsidiary						100.00%
Business acquired interest							92.50%
GRE International Corporation [Member]
Basis of Presentation (Textual)
Company's investment, ownership percentage in subsidiary						99.30%
Genie Retail Energy International [Member]
Basis of Presentation (Textual)
Company's investment, ownership percentage in subsidiary						100.00%
Atid Drilling Ltd. [Member]
Basis of Presentation (Textual)
Company's investment, ownership percentage in subsidiary						37.50%
Shoreditch Energy Limited [Member]
Basis of Presentation (Textual)
Business acquired interest	23.00%					77.00%
Shoreditch Energy Limited [Member] | Subsequent Event [Member]
Basis of Presentation (Textual)
Company's investment, ownership percentage in subsidiary	100.00%
Orbit Energy [Member]
Basis of Presentation (Textual)
Business acquired interest						98.80%

Cash, Cash Equivalents, and R_3

Cash, Cash Equivalents, and Restricted Cash (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019	Sep. 30, 2019	Dec. 31, 2018
Cash, Cash Equivalents, and Restricted Cash [Abstract]
Cash and cash equivalents	$ 19,556	$ 31,242
Restricted cash—short-term	29,104	6,792
Restricted cash—long-term	570	520
Total cash, cash equivalents, and restricted cash	$ 49,230	$ 38,554	$ 45,308	$ 44,197

Inventories (Details)

Inventories (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Inventories [Abstract]
Natural gas	$ 1,025	$ 1,052
Renewable credits	11,354	14,940
Solar Panels:
Finished goods	893	424
Raw materials	142	216
Total solar panels inventory	1,035	640
Totals	$ 13,414	$ 16,632

Revenue Recognition (Details)

Revenue Recognition (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Disaggregation of Revenue [Line Items]
Total revenues	$ 96,326	$ 85,713	$ 276,452	$ 233,338
Electricity [Member]
Disaggregation of Revenue [Line Items]
Total revenues	91,793	81,473	227,671	196,142
Natural Gas [Member]
Disaggregation of Revenue [Line Items]
Total revenues	2,724	3,169	24,190	27,069
Other [Member]
Disaggregation of Revenue [Line Items]
Total revenues	1,809	1,071	24,591	10,127
Fixed rate [Member]
Disaggregation of Revenue [Line Items]
Total revenues	42,338	40,522	102,478	90,340
Fixed rate [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Total revenues	41,707	39,994	99,278	88,027
Fixed rate [Member] | Natural Gas [Member]
Disaggregation of Revenue [Line Items]
Total revenues	631	528	3,200	2,313
Fixed rate [Member] | Other [Member]
Disaggregation of Revenue [Line Items]
Total revenues
Variable rate [Member]
Disaggregation of Revenue [Line Items]
Total revenues	52,179	44,120	149,383	132,871
Variable rate [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Total revenues	50,086	41,479	128,393	108,115
Variable rate [Member] | Natural Gas [Member]
Disaggregation of Revenue [Line Items]
Total revenues	2,093	2,641	20,990	24,756
Variable rate [Member] | Other [Member]
Disaggregation of Revenue [Line Items]
Total revenues
Other [Member]
Disaggregation of Revenue [Line Items]
Total revenues	1,809	1,071	24,591	10,127
Other [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Total revenues
Other [Member] | Natural Gas [Member]
Disaggregation of Revenue [Line Items]
Total revenues
Other [Member] | Other [Member]
Disaggregation of Revenue [Line Items]
Total revenues	$ 1,809	$ 1,071	$ 24,591	$ 10,127

Revenue Recognition (Details 1)

Revenue Recognition (Details 1) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Disaggregation of Revenue [Line Items]
Total revenues	$ 96,326	$ 85,713	$ 276,452	$ 233,338
Electricity [Member]
Disaggregation of Revenue [Line Items]
Total revenues	91,793	81,473	227,671	196,142
Natural Gas [Member]
Disaggregation of Revenue [Line Items]
Total revenues	2,724	3,169	24,190	27,069
Other [Member]
Disaggregation of Revenue [Line Items]
Total revenues	1,809	1,071	24,591	10,127
Non Commercial and commercial [Member]
Disaggregation of Revenue [Line Items]
Total revenues		1,071
Non-Commercial Channel [Member]
Disaggregation of Revenue [Line Items]
Total revenues	76,961	68,164	211,720	187,169
Non-Commercial Channel [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Total revenues	75,214	66,092	190,970	164,183
Non-Commercial Channel [Member] | Natural Gas [Member]
Disaggregation of Revenue [Line Items]
Total revenues	1,747	2,072	20,750	22,986
Non-Commercial Channel [Member] | Other [Member]
Disaggregation of Revenue [Line Items]
Total revenues
Commercial Channel [Member]
Disaggregation of Revenue [Line Items]
Total revenues	17,556	16,478	40,141	36,042
Commercial Channel [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Total revenues	16,579	15,381	36,701	31,959
Commercial Channel [Member] | Natural Gas [Member]
Disaggregation of Revenue [Line Items]
Total revenues	977	1,097	3,440	4,083
Commercial Channel [Member] | Other [Member]
Disaggregation of Revenue [Line Items]
Total revenues
Other [Member]
Disaggregation of Revenue [Line Items]
Total revenues	1,809	1,071	24,591	10,127
Other [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Total revenues
Other [Member] | Natural Gas [Member]
Disaggregation of Revenue [Line Items]
Total revenues
Other [Member] | Other [Member]
Disaggregation of Revenue [Line Items]
Total revenues	$ 1,809	$ 1,071	$ 24,591	$ 10,127

Revenue Recognition (Details 2)

Revenue Recognition (Details 2) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Revenue Recognition [Abstract]
Contract liability, beginning	$ 13,426	$ 1,137
Recognition of revenue included in the beginning of year contract liability	(13,004)	(558)
Additions during the period, net of revenue recognized during the period	611	4,064
Contract liability, end	$ 1,033	$ 4,643

Revenue Recognition (Details Te

Revenue Recognition (Details Textual) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019
Revenue Recognition (Textual)
Acquisition other current assets	$ 4,271		$ 4,271		$ 2,133
Other asset current	600		600
Other assets	100		100
Total capitalized customer acquisition costs	$ 200	$ 200	$ 600	$ 600

Acquisition (Details)

Acquisition (Details) - Lumo Energia Oyj [Member] $ in Thousands	1 Months Ended
	Jan. 02, 2019USD ($)
Business Acquisition [Line Items]
Cash	$ 1,539
Trade accounts receivable	2,520
Other current assets	411
Intangible assets:
Trademark (5-year useful life)	294
Non-compete agreements (3-year useful life)	34
Customer relationship (2-year useful life)	1,924
Goodwill	1,744
Other assets	95
Accounts and other current liabilities	(2,403)
Short-term debts	(2,260)
Other liabilities	(97)
Noncontrolling interest	(410)
Net assets	3,391
Supplemental information:
Cash paid to sellers	1,869
Cash contributed to Lumo	1,522
Total consideration	$ 3,391

Acquisition (Details Textual)

Acquisition (Details Textual) - USD ($)	Jan. 04, 2019	Jan. 02, 2019	Jan. 31, 2020	Nov. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Acquisitions (Textual)
Description of acquired entity				the Company acquired an additional 9.0% interest in Lumo for $0.2 million, increasing its aggregate ownership to 89.0%. In January 2020, Lumo paid off half of the secured loan to GREI through the issuance of additional shares which resulted in GREI's interest in Lumo increasing to 92.5%.
Lumo Energia Oyj [Member]
Acquisitions (Textual)
Percentage of acquire controlling interest			7.50%
Revenues					$ 3,200	$ 2,600	$ 11,400	$ 10,300
Acquisition of purchase agreement		the Company completed the purchase of an 80.0% controlling interest in Lumo Energia Oyj ("Lumo"), a Finnish public limited company. The Company paid the sellers a total of €1.6 million (equivalent to $1.9 million). The Company contributed €1.3 million (equivalent to $1.5 million) as a capital loan to fund Lumo's working capital requirements. The Company also provided Lumo with a secured loan for €2.0 million (equivalent to $2.3 million) to pay off and replace its remaining debt. The secured loan is payable in 4 years from inception and bears interest at annual rate of 4.0%, payable monthly. The Company also issued 176,104 shares of its Class B common stock to certain of the sellers which are subject to restrictions as described in the agreement (the “Lumo Restricted Shares”). The Lumo Restricted Shares are subject to vesting conditions related to employment and services to be provided by the recipients of up to two years following the Lumo Closing Date. The Lumo Restricted Shares are accounted for as a share-based compensation and is amortized to the consolidated statement of income over the vesting period of two years.
Lumo Energia Oyj [Member] | Three Annual Installment [Member]
Acquisitions (Textual)
Vesting interest rate			33.30%
Trademark [Member] | Lumo Energia Oyj [Member]
Acquisitions (Textual)
Finite-Lived Intangible Asset, Useful Life	5 years
Non Compete Agreements [Member] | Lumo Energia Oyj [Member]
Acquisitions (Textual)
Finite-Lived Intangible Asset, Useful Life	3 years
Customer Relationships [Member] | Lumo Energia Oyj [Member]
Acquisitions (Textual)
Finite-Lived Intangible Asset, Useful Life	2 years

Fair Value Measurements (Detail

Fair Value Measurements (Details) - Recurring [Member] - USD ($) $ in Thousands		Sep. 30, 2020	Dec. 31, 2019
Assets:
Derivative contracts		$ 582	$ 327
Liabilities:
Derivative contracts		543	1,979
Level 1 [Member]
Assets:
Derivative contracts	[1]	461	5
Liabilities:
Derivative contracts	[1]	543	1,569
Level 2 [Member]
Assets:
Derivative contracts	[2]	121	322
Liabilities:
Derivative contracts	[2]		410
Level 3 [Member]
Assets:
Derivative contracts	[3]
Liabilities:
Derivative contracts	[3]
[1]	quoted prices in active markets for identical assets or liabilities
[2]	observable inputs other than quoted prices in active markets for identical assets and liabilities
[3]	no observable pricing inputs in the market

Fair Value Measurements (Deta_2

Fair Value Measurements (Details 1) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2020	Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment of property and equipment	$ 993
Impairment of goodwill		$ 400
Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment of property and equipment
Impairment of goodwill
Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment of property and equipment
Impairment of goodwill
Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment of property and equipment	$ 993
Impairment of goodwill		$ 400

Fair Value Measurements (Deta_3

Fair Value Measurements (Details 2)	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Sales Revenue, Net [Member] | Customer A [Member]
Concentration Risk [Line Items]
Concentration risk, percentage	11.00%
Consolidated gross trade accounts receivable [Member] | Customer B [Member]
Concentration Risk [Line Items]
Concentration risk, percentage	13.00%	11.00%

Fair Value Measurements (Deta_4

Fair Value Measurements (Details Textual)	9 Months Ended	12 Months Ended
	Sep. 30, 2020	Dec. 31, 2019
Fair Value Measurements (Textual)
Concentration risk, percentage	10.00%
Accounts Receivable [Member]
Fair Value Measurements (Textual)
Concentration risk, percentage	10.00%	10.00%
Revenues [Member]
Fair Value Measurements (Textual)
Concentration risk, percentage	10.00%
Customer A [Member]
Fair Value Measurements (Textual)
Concentration risk, percentage	10.00%

Derivative Instruments (Details

Derivative Instruments (Details)	9 Months Ended
	Sep. 30, 2020
Electricity (in MWH) [Member] | Fourth quarter 2020 [Member]
Derivative [Line Items]
Volume	134,931
Electricity (in MWH) [Member] | First quarter 2021 [Member]
Derivative [Line Items]
Volume	127,092
Electricity (in MWH) [Member] | Second quarter 2021 [Member]
Derivative [Line Items]
Volume
Electricity (in MWH) [Member] | Third quarter 2021 [Member]
Derivative [Line Items]
Volume	36,000
Electricity (in MWH) [Member] | Fourth quarter 2021 [Member]
Derivative [Line Items]
Volume
Electricity (in MWH) [Member] | First quarter 2022 [Member]
Derivative [Line Items]
Volume
Electricity (in MWH) [Member] | Second quarter 2022 [Member]
Derivative [Line Items]
Volume
Electricity (in MWH) [Member] | Third quarter 2022 [Member]
Derivative [Line Items]
Volume
Electricity (in MWH) [Member] | Fourth quarter 2022 [Member]
Derivative [Line Items]
Volume
Electricity (in MWH) [Member] | First quarter 2023
Derivative [Line Items]
Volume
Electricity (in MWH) [Member] | Second quarter 2023
Derivative [Line Items]
Volume
Electricity (in MWH) [Member] | Third quarter 2023 [Member]
Derivative [Line Items]
Volume	—
Natural gas (in Dth) [Member] | Fourth quarter 2020 [Member]
Derivative [Line Items]
Volume	563,030
Natural gas (in Dth) [Member] | First quarter 2021 [Member]
Derivative [Line Items]
Volume	532,550
Natural gas (in Dth) [Member] | Second quarter 2021 [Member]
Derivative [Line Items]
Volume	113,500
Natural gas (in Dth) [Member] | Third quarter 2021 [Member]
Derivative [Line Items]
Volume	82,400
Natural gas (in Dth) [Member] | Fourth quarter 2021 [Member]
Derivative [Line Items]
Volume	72,900
Natural gas (in Dth) [Member] | First quarter 2022 [Member]
Derivative [Line Items]
Volume	72,600
Natural gas (in Dth) [Member] | Second quarter 2022 [Member]
Derivative [Line Items]
Volume	43,800
Natural gas (in Dth) [Member] | Third quarter 2022 [Member]
Derivative [Line Items]
Volume	11,450
Natural gas (in Dth) [Member] | Fourth quarter 2022 [Member]
Derivative [Line Items]
Volume	10,400
Natural gas (in Dth) [Member] | First quarter 2023
Derivative [Line Items]
Volume	10,700
Natural gas (in Dth) [Member] | Second quarter 2023
Derivative [Line Items]
Volume	2,000
Natural gas (in Dth) [Member] | Third quarter 2023 [Member]
Derivative [Line Items]
Volume	150

Derivative Instruments (Detai_2

Derivative Instruments (Details 1) - Energy contracts and options [Member] - USD ($) $ in Thousands		Sep. 30, 2020	Dec. 31, 2019
Schedule of fair value of outstanding derivative instruments recorded as assets and liability
Asset Derivatives not designated or not qualifying as hedging instruments		$ 582	$ 327
Liability Derivatives not designated or not qualifying as hedging instruments		543	1,979
Other current assets [Member]
Schedule of fair value of outstanding derivative instruments recorded as assets and liability
Asset Derivatives not designated or not qualifying as hedging instruments	[1]	540	324
Other assets [Member]
Schedule of fair value of outstanding derivative instruments recorded as assets and liability
Asset Derivatives not designated or not qualifying as hedging instruments		42	3
Other current liabilities [Member]
Schedule of fair value of outstanding derivative instruments recorded as assets and liability
Liability Derivatives not designated or not qualifying as hedging instruments		526	1,909
Other liabilities [Member]
Schedule of fair value of outstanding derivative instruments recorded as assets and liability
Liability Derivatives not designated or not qualifying as hedging instruments		$ 17	$ 70
[1]	The Company classifies derivative assets and liabilities as current based on the cash flows expected to be incurred within the following 12 .

Derivative Instruments (Detai_3

Derivative Instruments (Details 2) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Energy contracts and options [Member] | Cost of revenues [Member]
Effects of derivative instruments on the consolidated statements of operations
Amount of Gain (Loss) Recognized on Derivatives	$ (4,764)	$ (5,367)	$ (23,352)	$ (16,197)

Assets and Liabilities Held f_2

Assets and Liabilities Held for Sale (Details Textual) - USD ($)	Dec. 11, 2019	Sep. 30, 2020	Sep. 30, 2020	Mar. 31, 2020
Assets and Liabilities Held for Sale (Textual)
Liabilities held for sale		$ 800	$ 800
Description of Assets and liabilities held for sale	the Company refinanced the 5.95% notes payable to Catskill Hudson Bank that were due in November 2019. The outstanding balance of notes payable of $0.9 million at December 11, 2019 will be payable in monthly equal annual installments for period of ten years. The outstanding principal amount incurs fixed interest at 4.75% per annum.
Loss on disposal of assets held for sale		400	500
Catskill Hudson Bank [Member]
Assets and Liabilities Held for Sale (Textual)
Annual interest rate				4.75%
Write-down to fair value of certain property and equipment				$ 200
Assets held of sale		$ 2,400	$ 2,400
Description of Assets and liabilities held for sale	the Company refinanced the 5.95% notes payable to Catskill Hudson Bank that were due in November 2019. The outstanding balance of notes payable of $0.9 million at December 11, 2019 will be payable in monthly equal annual installments for period of ten years. The outstanding principal amount incurs fixed interest at 4.75% per annum.

Investment in Equity Method I_3

Investment in Equity Method Investees (Details) - Shoreditch [Member] - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Schedule of Equity Method Investments [Line Items]
Revenues	$ 15,079	$ 6,104	$ 49,595	$ 14,809
Operating expenses:
Cost of revenues	14,280	5,915	46,195	14,107
Selling, general and administrative expenses	5,013	3,045	11,709	7,514
Loss from operations	(4,214)	(2,856)	(8,309)	(6,812)
Others
Net loss	(4,214)	(2,856)	(8,309)	(6,812)
Genie’s equity in net loss			$ 1,502	$ 1,938

Investment in Equity Method I_4

Investment in Equity Method Investees (Details 1) - New Atid [Member] - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Schedule of Equity Method Investments [Line Items]
Revenues	$ 248	$ 774	$ 2,009	$ 3,499
Operating expenses	618	1,141	2,479	3,684
Loss from operations	(370)	(367)	(470)	(185)
Others	(10)	(28)	(17)	(47)
Net loss	(380)	(395)	(487)	(232)
Genie’s equity in net income (loss)	$ 143	$ 148	$ 179	$ 78

Investment in Equity Method I_5

Investment in Equity Method Investees (Details Textual)	1 Months Ended	3 Months Ended	9 Months Ended	12 Months Ended
	Aug. 31, 2018USD ($)	Sep. 30, 2020USD ($)	Sep. 30, 2020USD ($)	Dec. 31, 2018USD ($)	Oct. 08, 2020	Aug. 31, 2019ILS (₪)	Aug. 31, 2019USD ($)	Aug. 12, 2019ILS (₪)	Aug. 12, 2019USD ($)	Sep. 30, 2018
Investment in Shoreditch Energy Limited (Textual)
Outstanding balance, including accrued interest	$ 100,000		$ 0
Net book value of investments		$ 400	$ 400
Subsequent Event [Member]
Investment in Shoreditch Energy Limited (Textual)
Annual interest rate					23.00%
Shoreditch [Member]
Investment in Shoreditch Energy Limited (Textual)
Equity interest in joint venture, percentage		77.00%	77.00%
Net book value of investments
Contributed Amount		$ 1,500
Remaining acquired interest percentage		23.00%	23.00%
GEUK [Member]
Investment in Shoreditch Energy Limited (Textual)
Contributed Amount			$ 9,500
EGC [Member]
Investment in Shoreditch Energy Limited (Textual)
Loan amount				$ 200
Annual interest rate				2.00%
Due date				Sep. 17, 2023
Outstanding balance, including accrued interest			200
New Atid [Member]
Investment in Shoreditch Energy Limited (Textual)
Equity interest in joint venture, percentage										37.50%
Notes Receivable, Related Parties		$ 200	200
Net book value of investments		$ 200	$ 200
New Atid [Member] | Funding Agreement [Member]
Investment in Shoreditch Energy Limited (Textual)
Agreed to loan amount								₪ 5,100	$ 1,500
Commitment to loan amount								₪ 1,900	$ 500
Additional Loan Amount						₪ 800	$ 200
Annual interest rate						5.50%	5.50%

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2020USD ($)
Beginning balance	$ 12,135
Cumulative translation adjustment	78
Ending balance	12,213
GRE [Member]
Beginning balance	9,998
Cumulative translation adjustment
Ending balance	9,998
GRE International Corporation [Member]
Beginning balance	1,733
Cumulative translation adjustment	78
Ending balance	1,811
GES [Member]
Beginning balance	404
Cumulative translation adjustment
Ending balance	$ 404

Goodwill and Other Intangible_4

Goodwill and Other Intangible Assets (Details 1) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2020	Dec. 31, 2019
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 8,207	$ 11,591
Accumulated Amortization	3,140	4,754
Net Balance	$ 5,067	$ 6,837
Patents and trademarks [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted Average Amortization Period	17 years	17 years 1 month 6 days
Gross Carrying Amount	$ 3,855	$ 3,842
Accumulated Amortization	767	560
Net Balance	$ 3,088	$ 3,282
Non-compete agreements [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted Average Amortization Period	3 years	1 year 7 months 6 days
Gross Carrying Amount	$ 35	$ 148
Accumulated Amortization	21	126
Net Balance	$ 14	$ 22
Customer relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted Average Amortization Period	4 years 6 months	3 years 10 months 24 days
Gross Carrying Amount	$ 3,093	$ 6,706
Accumulated Amortization	2,121	3,941
Net Balance	$ 972	$ 2,765
Licenses [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted Average Amortization Period	10 years	10 years
Gross Carrying Amount	$ 1,224	$ 895
Accumulated Amortization	231	127
Net Balance	$ 993	$ 768

Goodwill and Other Intangible_5

Goodwill and Other Intangible Assets (Details Textual) - USD ($)	3 Months Ended		6 Months Ended	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Jun. 30, 2020	Sep. 30, 2020	Sep. 30, 2019
Goodwill And Other Intangible Assets Textual Abstract
Amortization expense of intangible assets		$ 500			$ 1,500
Amortization expense of finite lives intangible assets, remainder of 2020	$ 400			$ 400
Amortization expense of finite lives intangible assets, 2021	500			500
Amortization expense of finite lives intangible assets, 2022	500			500
Amortization expense of finite lives intangible assets, 2023	500			500
Amortization expense of finite lives intangible assets, 2024	500			500
Amortization expense of finite lives intangible assets, 2025 and thereafter	2,700			2,700
Impairment of customer relationship			$ 800
Cost of Sales [Member]
Goodwill And Other Intangible Assets Textual Abstract
Amortization expense of intangible assets	$ 300			$ 1,300

Accrued Expenses (Details)

Accrued Expenses (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Payables and Accruals [Abstract]
Renewable energy	$ 17,437	$ 13,502
Liability to customers related to promotions and retention incentives	9,263	8,201
Payroll and employee benefit	2,499	2,758
Other accrued expenses	2,137	1,655
Total accrued expenses	$ 31,336	$ 26,116

Leases (Details)

Leases (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Leases [Abstract]
ROU Assets	$ 1,995	$ 2,357
Current portion of operating lease liabilities	465	479
Noncurrent portion of operating lease liabilities	1,579	1,917
Total	$ 2,044	$ 2,396

Leases (Details 1)

Leases (Details 1) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating activities	$ 637	$ 471
ROU assets obtained in the exchange for lease liabilities
Operating leases		$ 172

Leases (Details 2)

Leases (Details 2) $ in Thousands	Sep. 30, 2020USD ($)
Leases [Abstract]
Remainder of 2020	$ 154
2021	557
2022	242
2023	221
2024	225
Thereafter	1,305
Total future lease payments	2,704
Less imputed interest	660
Total operating lease liabilities	$ 2,044

Leases (Details Textual)

Leases (Details Textual) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Leases [Abstract]
Operating lease rent	$ 0.2	$ 0.2	$ 0.6	$ 0.7
Weighted average remaining lease term	7 years 8 months 12 days		7 years 8 months 12 days
Weighted average discount rate	7.20%		7.20%

Equity (Details)

Equity (Details) $ / shares in Units, $ in Thousands	9 Months Ended
	Sep. 30, 2020USD ($)$ / shares
Series 2012-A Preferred Stock (Preferred Stock) [Member] | January 08, 2020 [Member]
Class of Stock [Line Items]
Declaration Date	Jan. 8, 2020
Dividend Per Share | $ / shares	$ 0.1594
Aggregate Dividend Amount | $	$ 370
Record Date	Feb. 6, 2020
Payment Date	Feb. 15, 2020
Series 2012-A Preferred Stock (Preferred Stock) [Member] | April 22, 2020 [Member]
Class of Stock [Line Items]
Declaration Date	Apr. 22, 2020
Dividend Per Share | $ / shares	$ 0.1594
Aggregate Dividend Amount | $	$ 370
Record Date	May 4, 2020
Payment Date	May 15, 2020
Series 2012-A Preferred Stock (Preferred Stock) [Member] | July 16, 2020 [Member]
Class of Stock [Line Items]
Declaration Date	Jul. 16, 2020
Dividend Per Share | $ / shares	$ 0.1594
Aggregate Dividend Amount | $	$ 370
Record Date	Aug. 6, 2020
Payment Date	Aug. 14, 2020
Class A Common Stock and Class B Common Stock [Member] | March 11, 2020 [Member]
Class of Stock [Line Items]
Declaration Date	Mar. 11, 2020
Dividend Per Share | $ / shares	$ 0.0750
Aggregate Dividend Amount | $	$ 1,975
Record Date	Mar. 24, 2020
Payment Date	Apr. 3, 2020
Class A Common Stock and Class B Common Stock [Member] | May 5, 2020 [Member]
Class of Stock [Line Items]
Declaration Date	May 5, 2020
Dividend Per Share | $ / shares	$ 0.0850
Aggregate Dividend Amount | $	$ 2,240
Record Date	May 19, 2020
Payment Date	May 29, 2020
Class A Common Stock and Class B Common Stock [Member] | August 3, 2020 [Member]
Class of Stock [Line Items]
Declaration Date	Aug. 3, 2020
Dividend Per Share | $ / shares	$ 0.0850
Aggregate Dividend Amount | $	$ 2,218
Record Date	Aug. 18, 2020
Payment Date	Aug. 26, 2020

Equity (Details Textual)

Equity (Details Textual) - USD ($) $ / shares in Units, $ in Thousands

Aug. 03, 2020

Jun. 04, 2020

May 08, 2019

Feb. 11, 2019

Jun. 12, 2018

Jun. 08, 2018

Oct. 21, 2020

Feb. 29, 2020

Jun. 08, 2018

Sep. 30, 2020

Jun. 30, 2020

Mar. 31, 2020

Mar. 31, 2020

Sep. 30, 2019

Jun. 30, 2019

Mar. 31, 2019

Mar. 31, 2019

Sep. 30, 2020

Sep. 30, 2019

Dec. 31, 2019

Mar. 11, 2013

Equity (Textual)

Remaining number of shares available for repurchase

5.9

5.9

Dividends on preferred stock

$ 370

$ 370

$ 370

$ 370

$ 370

$ 370

Dividends declared per common share

$ 0.085

$ 0.075

$ 0.075

$ 0.075

$ 0.075

Stock option and incentive plan to reserve

300,000

372,000

Unrecognized compensation cost

$ 2,600

$ 2,600

Weighted-average period

2 years 4 months 24 days

Treasury stock outstanding

1,300,000

1,000,000

Treasury stock cost

$ 9,600

$ 7,700

Weighted average cost per share

$ 7.44

$ 7.46

Board of Directors [Member]

Equity (Textual)

Deferred stock units vested

$ 305,000

Howard S. Jonas [Member]

Equity (Textual)

Stockholders grant of options purchase

126,176

Exercise price

$ 8.05

Lieu of cash bonus

$ 300

Preferred Stock [Member]

Equity (Textual)

Dividends on preferred stock

Stockholders grant of options purchase

Preferred Stock [Member] | Subsequent Event [Member]

Equity (Textual)

Preferred stock, dividends per share

$ 0.1594

Paid date of declared dividend

Nov. 16, 2020

Record date of declared dividend

Nov. 6, 2020

Class A common stock [Member]

Equity (Textual)

Dividends on preferred stock

Dividends declared per common share

$ 0.0850

Paid date of declared dividend

Dec. 11, 2020

Record date of declared dividend

Dec. 4, 2020

Stockholders grant of options purchase

Class B common stock [Member]

Equity (Textual)

Common stock issued for stock repurchase program

$ 100

Number of stock authorized to be repurchased

7

Dividends on preferred stock

Expiration date of the option

Jun. 30, 2023

Warrants to purchase shares

1,257,862

1,257,862

Warrants exercise price per share

$ 4.77

$ 4.77

Stockholders grant of options purchase

20,000

2,000

198,000

Aggregate cost of acquired

$ 3,400

$ 1,600

$ 3,400

Acquired shares

11,738

470,147

224,944

470,147

Class B common stock [Member] | Howard S. Jonas [Member]

Equity (Textual)

Expiration date of the option

Jun. 30, 2023

Warrants to purchase shares

1,048,218

1,048,218

Warrants exercise price per share

$ 4.77

$ 4.77

Amount of warrants aggregate exercise price

$ 5,000

Class B common stock [Member] | Investor [Member]

Equity (Textual)

Amount of aggregate sales price

$ 1,000

Warrants to purchase shares

209,644

Warrants exercise price per share

$ 4.77

Amount of warrants aggregate exercise price

$ 1,000

Variable Interest Entity (Detai

Variable Interest Entity (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Variable Interest Entity, Consolidated, Carrying Amount, Assets and Liability, Net [Abstract]
Net loss	$ (399)	$ (238)	$ (1,147)	$ (304)
Aggregate funding provided by the Company, net	$ (932)	$ (304)	$ (1,454)	$ (311)

Variable Interest Entity (Det_2

Variable Interest Entity (Details 1) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Variable Interest Entity Classifications Of Carrying Amount Assets And Liabilities Net [Abstract]
Total assets	$ 148,892	$ 156,244
CCE [Member]
Variable Interest Entity Classifications Of Carrying Amount Assets And Liabilities Net [Abstract]
Total assets	1,919	1,576
Total liabilities and noncontrolling interests	1,919	1,576
CCE [Member] | Cash, cash equivalents and restricted cash [Member]
Variable Interest Entity Classifications Of Carrying Amount Assets And Liabilities Net [Abstract]
Total assets	804	250
CCE [Member] | Trade accounts receivable [Member]
Variable Interest Entity Classifications Of Carrying Amount Assets And Liabilities Net [Abstract]
Total assets	343	586
CCE [Member] | Prepaid expenses and other current assets [Member]
Variable Interest Entity Classifications Of Carrying Amount Assets And Liabilities Net [Abstract]
Total assets	413	381
CCE [Member] | Other assets [Member]
Variable Interest Entity Classifications Of Carrying Amount Assets And Liabilities Net [Abstract]
Total assets	359	359
CCE [Member] | Current liabilities [Member]
Variable Interest Entity Classifications Of Carrying Amount Assets And Liabilities Net [Abstract]
Total liabilities and noncontrolling interests	504	467
CCE [Member] | Due to IDT Energy [Member]
Variable Interest Entity Classifications Of Carrying Amount Assets And Liabilities Net [Abstract]
Total liabilities and noncontrolling interests	4,052	2,598
CCE [Member] | Noncontrolling interests [Member]
Variable Interest Entity Classifications Of Carrying Amount Assets And Liabilities Net [Abstract]
Total liabilities and noncontrolling interests	$ (2,637)	$ (1,489)

Variable Interest Entity (Det_3

Variable Interest Entity (Details Textual) - CCE [Member] $ in Millions	1 Months Ended
	Oct. 31, 2015USD ($)
Variable Interest Entity (Textual)
Percentage of option to purchase	100.00%
Forgiveness of loan	$ 0.5
Expiration date of the option	Oct. 22, 2023

Income Taxes (Details)

Income Taxes (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Income Taxes [Abstract]
Reported tax rate	28.00%	28.90%	29.20%	57.00%

Income Taxes (Details Textual)

Income Taxes (Details Textual) $ in Millions	1 Months Ended
	Apr. 22, 2020USD ($)
Income Taxes (Textual)
Proceeds from bank	$ 2.4

Earnings (Loss) Per Share (Deta

Earnings (Loss) Per Share (Details) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Earnings Per Share [Abstract]
Basic weighted-average number of shares	25,928	26,683	26,107	26,603
Effect of dilutive securities:
Stock options and warrants	711	737	628	744
Non-vested restricted Class B common stock	130	249	104	194
Diluted weighted-average number of shares	26,769	27,669	26,839	27,541

Earnings (Loss) Per Share (De_2

Earnings (Loss) Per Share (Details 1) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Stock options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Stock options		126	126	126
Non-vested Deferred Stock Units [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Stock options	610		610

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
IDT [Member]
Summary of related party transactions
Amount charged the Company	$ 286	$ 260	$ 806	$ 698
Amount the Company charged IDT	35	36	114	115
Rafael [Member]
Summary of related party transactions
Amount charged the Company	$ 56	$ 56	$ 168	$ 166

Related Party Transactions (D_2

Related Party Transactions (Details 1) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
IDT [Member]
Related Party Transaction [Line Items]
Due to related parties	$ 162	$ 434
Due from related parties	47	45
Rafael [Member]
Related Party Transaction [Line Items]
Due to related parties

Related Party Transactions (D_3

Related Party Transactions (Details Textual) - USD ($) $ in Millions	1 Months Ended	9 Months Ended	12 Months Ended
	Aug. 31, 2018	Sep. 30, 2020	Dec. 31, 2019	Dec. 31, 2015
Related Party Transactions (Textual)
Employee paid	$ 0.4			$ 0.5
Outstanding balance	0.5
Accrued interest	$ 0.1	$ 0
New note payment terms, description	December 2020 and December 2052.
Payment of insurance premium			$ 0.3
Notes receivable outstanding from employees			$ 0.2
New Note [Member]
Related Party Transactions (Textual)
Outstanding balance	$ 0.1

Business Segment Information (D

Business Segment Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Operating results for the business segments
Revenues	$ 96,326	$ 85,713	$ 276,452	$ 233,338
Income (loss) from operations	8,485	6,945	20,428	7,502
Impairment of assets			993
Equity in the net loss of equity method investees	146	238	(1,698)	(2,106)
GRE [Member]
Operating results for the business segments
Revenues	89,492	81,649	235,108	212,598
Income (loss) from operations	12,333	10,856	31,306	18,941
Impairment of assets
Equity in the net loss of equity method investees
GRE International [Member]
Operating results for the business segments
Revenues	5,830	3,039	17,820	10,751
Income (loss) from operations	1,574	(1,560)	4,701	(4,911)
Impairment of assets
Equity in the net loss of equity method investees			(1,502)	(1,938)
GES [Member]
Operating results for the business segments
Revenues	1,004	1,025	23,524	9,989
Income (loss) from operations	719	(798)	1,489	(1,711)
Impairment of assets			993
Equity in the net loss of equity method investees
GOGAS [Member]
Operating results for the business segments
Revenues
Income (loss) from operations	146	(283)	541	(828)
Impairment of assets
Equity in the net loss of equity method investees	142	148	(179)	(78)
Corporate [Member]
Operating results for the business segments
Revenues
Income (loss) from operations	1,409	(1,270)	4,147	(3,989)
Impairment of assets
Equity in the net loss of equity method investees	$ 4	$ 90	$ (17)	$ (90)

Business Segment Information _2

Business Segment Information (Details 1) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Summary total assets for the business segments
Total assets	$ 148,892	$ 156,244
GRE [Member]
Summary total assets for the business segments
Total assets	116,925	105,937
GRE International [Member]
Summary total assets for the business segments
Total assets	10,104	11,468
GES [Member]
Summary total assets for the business segments
Total assets	5,538	19,383
GOGAS [Member]
Summary total assets for the business segments
Total assets	10,522	10,873
Corporate [Member]
Summary total assets for the business segments
Total assets	$ 5,803	$ 8,583

Business Segment Information _3

Business Segment Information (Details Textual)	9 Months Ended
	Sep. 30, 2020Segment
Business Segment Information (Textual)
Number of reportable segments	4
Afek [Member]
Business Segment Information (Textual)
Company's investment, ownership percentage in subsidiary	86.10%

Commitments and Contingencies_2

Commitments and Contingencies (Details) $ in Thousands	Sep. 30, 2020USD ($)
Commitments and Contingencies [Abstract]
Remainder of 2020	$ 25,718
2021	69,184
2022	38,753
2023	20,028
2024	1,880
Thereafter
Total payments	$ 155,563

Commitments and Contingencies_3

Commitments and Contingencies (Details Textual) - USD ($) $ in Thousands	Jul. 23, 2019	Sep. 30, 2020	Sep. 30, 2018	Jun. 30, 2020	Sep. 30, 2020	Feb. 06, 2020	Dec. 31, 2019
Commitments and Contingencies (Textual)
Purchase of future commitments		$ 155,563			$ 155,563
Aggregate performance bond outstanding		13,300			13,300
Settlement payment amount		2,300			2,300
Liability for the settlement payment			$ (3,000)
Gross revenue				$ 200
Amount of accrued foregoing		2,137			2,137		$ 1,655
New York PSC [Member]
Commitments and Contingencies (Textual)
Gross revenue		14,300			43,200
Town Square's Connecticut [Member]
Commitments and Contingencies (Textual)
Gross revenue		12,000			29,100
IDT Energy [Member]
Commitments and Contingencies (Textual)
Gross revenue		2,300			5,800
Restitution payments amount					3,000
Genie Retail Energy [Member]
Commitments and Contingencies (Textual)
Loss contingency damages sought, value	$ 16,000
Amount of accrued foregoing						$ 200
Renewable energy credits [Member]
Commitments and Contingencies (Textual)
Future purchases of electricity		5,900			12,500
Purchase of renewable energy credit					56,100
Electricities [Member]
Commitments and Contingencies (Textual)
Future purchases of electricity					99,500
Purchase of renewable energy credit		23,200			43,100
Purchase Commitments [Member]
Commitments and Contingencies (Textual)
Purchase of future commitments		155,600			155,600
BP [Member]
Commitments and Contingencies (Textual)
Advance payment		2,500			2,500
Trade Accounts Receivable [Member]
Commitments and Contingencies (Textual)
Assets pledged as collateral to BP Energy		44,600			44,600
Restricted Cash [Member]
Commitments and Contingencies (Textual)
Assets pledged as collateral to BP Energy		$ 23,900			$ 23,900

Debt (Details)

Debt (Details) - USD ($) $ in Millions	May 13, 2020	Dec. 05, 2019	Apr. 04, 2017	Nov. 28, 2019	Dec. 31, 2019	Apr. 30, 2020
Debt (Textual)
Revolving loan facility						$ 3.5
JPMorgan Chase Bank [Member]
Debt (Textual)
Credit facility, description		September 30, 2020</span>, JP Morgan Chase Bank issued $2.3 million letters of credit from the Credit Line. As of <span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 31.6667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">September 30, 2020</span>, none of the letters of credits were drawn upon. At <span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 31.6667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">September 30, 2020</span>, the cash collateral of $5.2 million was included in restricted cash—short-term in the consolidated balance sheet." id="sjs-C6">the Company entered into an amendment of its existing Credit Agreement with JPMorgan Chase Bank ( the “Credit Agreement”) to extend the maturity date of December 31, 2020. The Company continues to have the aggregate principal amount of $5.0 million credit line facility (“Credit Line”). The Company pays a commitment fee of 0.1% per annum on unused portion of the Credit Line as specified in the Credit Agreement. The borrowed amounts will be in the form of letters of credit which will bear interest of 1.0% per annum. The Company will also pay a fee for each letter of credit that is issued equal to the greater of $500 or 1.0% of the original maximum available amount of the letter of credit. The Company agreed to deposit cash in a money market account at JPMorgan Chase Bank as collateral for the line of credit equal to $5.1 million. As of, &lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 31.6667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">September 30, 2020&lt;/span>, JP Morgan Chase Bank issued $2.3 million letters of credit from the Credit Line. As of &lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 31.6667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">September 30, 2020&lt;/span>, none of the letters of credits were drawn upon. At &lt;span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 31.6667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">September 30, 2020&lt;/span>, the cash collateral of $5.2 million was included in restricted cash—short-term in the consolidated balance sheet.
Loan with Tokyo Star Bank [Member]
Debt (Textual)
Credit facility, description	Genie Japan entered into a new Loan Agreement with Tokyo Star Bank for a ¥150.0 million (equivalent to $1.4 million) short-term credit facility ("May 2020 Loan"). Genie Japan provided a letter of credit issued by JPMorgan Chase in the amount of ¥150.0 million (equivalent to $1.4 million) as collateral. The outstanding principal amount incurs interest at 3.0% per annum. Interest is payable monthly and all outstanding principal and any accrued and unpaid interest mature on November 13, 2020. At September 30, 2020, $1.4 million was outstanding under the May 2020 Loan. At September 30, 2020, the effective interest rate was 3.0%.
Description loan agreement				Genie Japan entered into a Loan Agreement with Tokyo Star Bank for a ¥100.0 million (equivalent to $0.9 million) short-term credit facility. Genie Japan provided a letter of credit issued by JPMorgan Chase amounting to ¥100.0 million (equivalent to $0.9 million) as collateral. The outstanding principal amount incurred interest at Tokyo Star Bank's short-term prime rate plus 0.25% per annum. Interest was payable monthly and all outstanding principal and any accrued and unpaid interest matured on May 13, 2020. Genie Japan settled the Loan agreement and paid the outstanding balance of ¥100.0 million (equivalent to $0.9 million) on May 13, 2020.
Vantage Commodities Financial Services II, LLC [Member] | GRE Credit Agreement [Member]
Debt (Textual)
Maximum principal amount on revolving line of credit			$ 20
Interest rate on principal outstanding, description			outstanding principal amount incurred interest at LIBOR plus 4.5% per annum.
Maturity date			Apr. 3, 2020
Revolving loan facility					$ 2.5
Effective interest rate					6.41%

Recently Issued Accounting St_2

Recently Issued Accounting Standards (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019	Jan. 31, 2019
Recently Issued Accounting Standards (Textual)
ROU Assets			$ 2,400
Current lease liabilities			400
Noncurrent lease liabilities			2,000
Accumulated deficit	$ (52,691)	$ (59,671)	$ 300

Subsequent Event (Details)

Subsequent Event (Details) - Subsequent Event [Member] - USD ($) $ in Millions	Oct. 16, 2020	Oct. 08, 2020
Subsequent Event (Textual)
Debt instrument, description		the Company entered into an agreement (the “Purchase Agreement”) with EGC under which GEUK purchased EGC’s remaining interest in Shoreditch, in exchange for a cash payment of £1.3 million (equivalent to $1.7 million on the date of closing) offset by £0.2 million (equivalent to $0.2 million on the date of closing) in amounts owing from EGC to the Company under a loan provided to EGC in 2018 related to EGC’s capital contributions to Shoreditch. Following the transaction, Shoreditch is a wholly-owned subsidiary of GEUK.
Assets held of sale	$ 2.4
Liabilities held for sale at carrying value		$ 0.9
Sale of assets held for sale	$ 2.6