Genie Energy (GNE) 10-Q 9 May 22 2022 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2022	May 06, 2022
Entity Registrant Name	Genie Energy Ltd.
Entity Central Index Key	0001528356
Document Type	10-Q
Document Period End Date	Mar. 31, 2022
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Shell Company	false
Document Fiscal Period Focus	Q1
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Document Fiscal Year Focus	2022
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		24,621,243

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 88,185	$ 95,492
Restricted cash—short-term	6,496	6,657
Marketable equity securities	657	1,336
Trade accounts receivable, net of allowance for doubtful accounts of $6,781 and $6,365 at March 31, 2022 and December 31, 2021, respectively	48,790	52,357
Inventory	18,865	17,720
Prepaid expenses	6,638	4,994
Other current assets	17,393	21,789
Total current assets	187,024	200,345
Property and equipment, net	350	297
Goodwill	11,709	11,755
Other intangibles, net	3,529	3,648
Deferred income tax assets, net	5,204	4,259
Other assets	12,369	9,161
Total assets	220,185	229,465
Current liabilities:
Trade accounts payable	21,460	33,554
Accrued expenses	42,272	39,523
Income taxes payable	16,352	9,792
Due to IDT Corporation, net	141	532
Other current liabilities	1,848	2,125
Current liabilities of discontinued operations	8,934	30,766
Total current liabilities	91,007	116,292
Other liabilities	2,886	2,384
Total liabilities	93,893	118,676
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 March 31, 2022 and December 31, 2021	19,743	19,743
Additional paid-in capital	144,089	143,249
Treasury stock, at cost, consisting of 2,006 and 2,005 shares of Class B common stock at March 31, 2022 and December 31, 2021	(14,105)	(14,034)
Accumulated other comprehensive income	3,499	3,160
Accumulated deficit	(13,530)	(29,115)
Total Genie Energy Ltd. stockholders’ equity	139,978	123,285
Noncontrolling interests	(13,686)	(12,496)
Total equity	126,292	110,789
Total liabilities and equity	220,185	229,465
Class A Common Stock
Genie Energy Ltd. stockholders’ equity:
Common stock, value	16	16
Class B Common Stock
Genie Energy Ltd. stockholders’ equity:
Common stock, value	$ 266	$ 266

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) shares in Thousands, $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Allowance for doubtful accounts, trade accounts receivable (in dollars)	$ 6,781	$ 6,365
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	26,642	26,620
Common stock, shares outstanding	24,625	24,615
Treasury stock, shares	2,017	2,005

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Revenues:
Total revenues	$ 98,529	$ 107,490
Cost of revenues	52,987	94,836
Gross profit	45,542	12,654
Operating expenses and losses:
Selling, general and administrative (i)	21,109	18,119	[1]
Income (loss) from operations	24,433	(5,465)
Interest income	17	84
Interest expense	(50)	(182)
Unrealized (loss) gain on marketable equity securities and investments	(652)	4,107
Other (loss) income, net	(498)	407
Income (loss) before income taxes	23,250	(1,049)
Provision for income taxes	(6,514)	(535)
Net income (loss) from continuing operations	16,736	(1,584)
Loss from discontinued operations, net of taxes		(1,110)
Net income (loss)	16,736	(2,694)
Net loss attributable to noncontrolling interests	1,153	708
Net income (loss) attributable to Genie Energy Ltd.	17,889	(1,986)
Dividends on preferred stock	(370)	(370)
Net income (loss) attributable to Genie Energy Ltd. common stockholders	17,519	(2,356)
Amounts attributable to Genie Energy Ltd. common stockholders
Income (loss) from continuing operations	17,519	(1,246)
Loss from discontinued operations		(1,110)
Net income (loss) attributable to Genie Energy Ltd. common stockholders	$ 17,519	$ (2,356)
Basic:
Income (loss) from continuing operations	$ 0.68	$ (0.05)
Loss from discontinued operations		(0.04)
Net income (loss) attributable to Genie Energy Ltd. common stockholders	0.68	(0.09)
Diluted
Income (loss) from continuing operations	0.67	(0.05)
Loss from discontinued operations		(0.04)
Net income  (loss) attributable to Genie Energy Ltd. common stockholders	$ 0.67	$ (0.09)
Weighted-average number of shares used in calculation of earnings (loss) per share:
Basic	25,764	26,004
Diluted	26,128	26,004
Dividends declared per common share	$ 0.075
Electricity [Member]
Revenues:
Total revenues	$ 71,784	$ 87,613
Natural Gas [Member]
Revenues:
Total revenues	24,504	17,280
Other [Member]
Revenues:
Total revenues	$ 2,241	$ 2,597
[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
	Mar. 31, 2022	Mar. 31, 2021
Stock-based compensation included in selling, general and administrative expenses	$ 840	$ 589
Selling, General and Administrative Expenses [Member]
Stock-based compensation included in selling, general and administrative expenses	$ 840	$ 589

Consolidated Statements of Comp

Consolidated Statements of Comprehensive (Loss) Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Consolidated Statements of Comprehensive Income [Abstract]
Net income (loss)	$ 16,736	$ (2,694)
Other comprehensive loss:
Foreign currency translation adjustments	302	(342)
Comprehensive income (loss)	17,038	(3,036)
Comprehensive gain attributable to noncontrolling interests	1,190	478
Comprehensive income (loss) attributable to Genie Energy Ltd.	$ 18,228	$ (2,558)

Consolidated Statements of Equi

Consolidated Statements of Equity - USD ($) shares in Thousands, $ in Thousands	Total	Preferred Stock	Common StockClass A Common Stock	Common StockClass B Common Stock	Additional Paid-In Capital	Treasury Stock	Accumulated Other Comprehensive Income	Accumulated Deficit	Noncontrolling Interests
Beginning Balance at Dec. 31, 2020	$ 86,079	$ 19,743	$ 16	$ 260	$ 140,746	$ (9,839)	$ 3,827	$ (56,658)	$ (12,016)
Beginning Balance, shares at Dec. 31, 2020		2,322	1,574	25,811
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends on preferred stock	(370)							(370)
Stock Based Compensation	589			$ 1	588
Stock-based compensation, shares				121
Issuance of Class B common stock to Howard Jonas (in shares)				20
Issuance of Class B common stock to Howard Jonas	162				162
Other comprehensive income (loss)	(342)						(572)		230
Net income (loss)	(2,694)							(1,986)	(708)
Ending Balance at Mar. 31, 2021	83,424	$ 19,743	$ 16	$ 261	141,496	(9,839)	3,255	(59,014)	(12,494)
Ending Balance, shares at Mar. 31, 2021		2,322	1,574	25,952
Beginning Balance at Dec. 31, 2020	86,079	$ 19,743	$ 16	$ 260	140,746	(9,839)	3,827	(56,658)	(12,016)
Beginning Balance, shares at Dec. 31, 2020		2,322	1,574	25,811
Ending Balance at Dec. 31, 2021	110,789	$ 19,743	$ 16	$ 266	143,249	(14,034)	3,160	(29,115)	(12,496)
Ending Balance, shares at Dec. 31, 2021		2,322	1,574	26,633
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends on preferred stock	(370)							(370)
Dividends on common stock	(1,934)							(1,934)
Stock Based Compensation	840				840
Stock-based compensation, shares				9
Restricted Class B common stock purchased from employees	(71)					(71)
Other comprehensive income (loss)	302						339		(37)
Net income (loss)	16,736							17,889	(1,153)
Ending Balance at Mar. 31, 2022	$ 126,292	$ 19,743	$ 16	$ 266	$ 144,089	$ (14,105)	$ 3,499	$ (13,530)	$ (13,686)
Ending Balance, shares at Mar. 31, 2022		2,322	1,574	26,642

Consolidated Statements of Eq_2

Consolidated Statements of Equity (Parenthetical) - $ / shares	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Statement of Stockholders' Equity [Abstract]
Dividends on preferred stock	$ 0.01594	$ 0.01594
Dividends on common stock	$ 0.075

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Operating activities
Net income (loss)	$ 16,736	$ (2,694)
Net loss from discontinued operations, net of tax		(1,110)
Net income (loss) from continuing operations	16,736	(1,584)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization	284	380
Deferred income taxes	(87)	228
Provision for doubtful accounts receivable	398	430
Unrealized loss (gain) marketable equity securities and investment	652	(4,107)
Stock-based compensation	840	589
Equity in the net income in equity method investees	(125)	(110)
Change in assets and liabilities:
Trade accounts receivable	3,169	(5,201)
Inventory	(1,145)	(2,090)
Prepaid expenses	(1,644)	(1,451)
Other current assets and other assets	2,746	390
Trade accounts payable, accrued expenses and other current liabilities	(9,653)	7,618
Due to IDT Corporation	(391)	(68)
Income taxes payable	6,560	(768)
Net cash provided by (used in) operating activities of continuing operations	18,340	(5,744)
Net cash used in discontinued operations		(4,209)
Net cash provided by (used in) operating activities	18,340	(9,953)
Investing activities
Capital expenditures	(59)	(20)
Investment in notes receivables with related party	(1,388)
Purchase of marketable equity securities and other investment	(200)	(1,000)
Repayment of notes receivable	19	13
Net cash used in investing activities of continuing operations	(1,628)	(1,007)
Net cash used in investing activities of discontinued operations	(21,832)
Net cash used in investing activities	(23,460)	(1,007)
Financing activities
Dividends paid	(2,304)	(370)
Repurchases of Class B common stock from employees	(71)
Net cash used in by financing activities	(2,375)	(370)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	27	(69)
Net decrease in cash, cash equivalents, and restricted cash, including cash balances classified as held for sale	(7,468)	(11,399)
Less: Cash balances classified as held for sale		(587)
Net decrease in cash, cash equivalents, and restricted cash	(7,468)	(11,986)
Cash, cash equivalents, and restricted cash (including discontinued operations) at beginning of period	102,149	43,184
Cash, cash equivalents and restricted cash (including discontinued operations) at end of the period	94,681	31,198
Less: Cash of discontinued operations at end of period		1,156
Cash, cash equivalents, and restricted cash (excluding discontinued operations) at end of period	$ 94,681	$ 30,042

Basis of Presentation and Busin

Basis of Presentation and Business Changes and Development	3 Months Ended
	Mar. 31, 2022
Basis of Presentation and Business Changes and Development [Abstract]
Basis of Presentation and Business Changes and Development	Note 1—Basis of Presentation and Business Changes and Development 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 months ended March 31, 2022 are not necessarily indicative of the results that may be expected for the year ending . The balance sheet at December 31, 2021 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, 2021, as filed with the U.S. Securities and Exchange Commission (the “SEC”). The Company owns 99.5% of Genie Energy International Corporation (“GEIC”), which owns 100% of Genie Retail Energy (“GRE”), 100% of Genie Retail Energy International LLC ("GRE International" or "GREI") and 95.5% of Genie Renewables. 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, LLC (“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 90.8% controlling interest in Lumo Energia Oyj ("Lumo Finland"), a REP serving residential customers in Finland, and its 97.7% interest in Lumo Energi AB ("Lumo Sweden"). GRE International also held the Company's 98.8% interest in venture in Japan, which the Company sold on May 11, 2021. GRE International also holds 100% interest in Orbit Energy, a REP operating in the United Kingdom ("U.K."), which was discontinued in November 2021 as discussed below. Genie Renewables consists of Genie Solar Energy ("Genie Solar"), a rooftop solar system sales and general contracting company, a 93.5% interest in Solar, a marketer of community solar energy solution, LLC (" "), an energy broker for commercial customers, and GRE's % interest in 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. Discontinued Operations in United Kingdom In the third quarter of 2021, the natural gas and energy market in the United Kingdom deteriorated which prompted the Company to start the process of orderly withdrawal from the United Kingdom market. In October 2021, as part of the orderly exit process from the United Kingdom market, Orbit and Shell U.K. Limited ("Shell") agreed to terminate the exclusive supply contract between them. As part of the termination agreement, Orbit was required to unwind all physical forward hedges with Shell which resulted in net cash proceeds after settlement of all related liabilities with Shell. Following the termination of the contract with Shell, Orbit filed a petition with the High Court of Justice Business and Property of England and Wales (the “Court”) to declare Orbit insolvent based on the Insolvency Act of 1986. On November 29, 2021, the Court declared Orbit insolvent, revoked Orbit's license to supply electricity and natural gas in the United Kingdom, ordered the current customers to be transferred to “supplier of last resort” and transferred the administration of Orbit to Administrators effective December 1, 2021. All of the customers of Orbit were transferred to a third-party supplier effective December 1, 2021 as ordered by the Court. All assets and liabilities of Orbit, including cash and receivables remain with Orbit, in which Genie retains 100% interest, however, the management and control of Orbit was transferred to the Administrators. The Company determined that the discontinued operations in the United Kingdom represented a strategic shift that will have a major effect on the Company's operations and financial statements. Since the appointment of the Administrators, the Company has accounted for these businesses as discontinued operations and accordingly, has presented the results of operations and related cash flows as discontinued operations. The results of operations and related cash flows are presented as discontinued operations for all periods presented. Any remaining assets and liabilities of the discontinued operations have been presented separately, and are reflected within assets and liabilities from discontinued operations in the accompanying consolidated balance sheets as of March 31, 2022 and December 31, 2021. Since the Company lost control of the management of Orbit in favor of the Administrators, the accounts of Orbit were deconsolidated effective December 1, 2021 and the Company estimated the remaining liability related to its ownership of Orbit. Energy Price Volatility in Texas and Japan In January 2021, weather volatility and the lack of adequate gas reserves significantly increased the price of energy at Japan Electric Power Exchange ("JEPX") for an extended period of time. The spike in demand associated with this situation, exposed Genie Japan to unexpected cost increases. Genie Japan incurred approximately costs related to the price increases, which were included in the cost of revenue in the three months ended March 31, 2021. In February of 2021, the State of Texas experienced unprecedented cold weather and snow, with was named Winter Storm Uri. With the grid overtaxed due to demand and weather-related reduced supply and rolling blackouts being enforced, by order of the Electricity Reliability Council of Texas ("ERCOT"), real-time commodity prices during the crisis escalated significantly. Although GRE's commitment for their customers in Texas was hedged for foreseen winter weather conditions, the market conditions exposed the Company to significant unexpected cost increases. GRE recognized approximately $13.0 million in additional costs of revenue for the three months ended March 31, 2021. In June 2021, the state legislature of the State of Texas passed House Bill 4492 (“HB 4492”) which includes certain provisions for financing certain costs associated with electric markets caused by Winter Storm Uri. Pursuant to HB 4492, two categories of charges associated with Winter Storm Uri are to be securitized and the proceeds of the securitization will be provided to the load serving entities who originally incurred the charges. Under HB 4492, the Company is entitled to recover a portion of the costs incurred from the effect of Winter Storm Uri with a calculated range of $1.5 million to $2.6 million. In the second quarter of 2021, the Company recorded a reduction in cost of revenues of $1.5 million. In September 2021, the Public Utility Commission of Texas ("PUC") approved the Debt Obligation Order to grant ERCOT's application for a debt financing mechanism to pay for certain costs associated with Winter Storm Uri. Under the Debt Obligation Order, the amount that the Company is entitled to recover increased to approximately $3.4 million. In the third quarter of 2021, the Company recorded an additional reduction in the cost of revenues of $1.9 million for an aggregate amount of $3.4 million for the year ended December 31, 2021. 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 44.5% and 47.7% of GRE’s natural gas revenues for the relevant years were generated in the first quarters of 2021 and 2020 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 30.3% and 31.8% of GRE’s electricity revenues for the relevant years were generated in the third quarters of 2021 and 2020, 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.

Cash, Cash Equivalents, and Res

Cash, Cash Equivalents, and Restricted Cash	3 Months Ended
	Mar. 31, 2022
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 and the corresponding amounts reported in the consolidated statements of cash flows: March 31, 2022 December 31, 2021 (in thousands) Cash and cash equivalents $ 88,185 $ 95,492 Restricted cash—short-term 6,496 6,657 Total cash, cash equivalents, and restricted cash $ 94,681 $ 102,149 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 Note 19 Included in the cash and cash equivalents as of March 31, 2022 and December 31, 2021 is cash received from Orbit Energy (see Note 5).

Inventories

Inventories	3 Months Ended
	Mar. 31, 2022
Inventories [Abstract]
Inventories	Note 3—I nventories Inventories consisted of the following: March 31, 2022 December 31, 2021 (in thousands) Natural gas $ 445 $ 1,891 Renewable credits 18,029 15,610 Solar Panels: Finished goods 391 219 Totals $ 18,865 $ 17,720

Revenue Recognition

Revenue Recognition	3 Months Ended
	Mar. 31, 2022
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. GRE and Genie Japan (prior to its sale in May 2021) record unbilled revenues for the estimated amount customers will be billed for services rendered from the time meters were last read to the end of the respective accounting period. The unbilled revenue is estimated each month based on available per day usage data, the number of unbilled days in the period and historical trends. Many utility companies offer purchase of receivable, or POR, programs in most of the service territories in which GRE 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 longer than one year. The Company determined that certain sales commissions to acquire customers meet the requirements to be capitalized. For GRE, 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 certain GRE International entities are capitalized and amortized over the range of between eighteen twenty-four . These costs and the related amortization are recorded within sales and marketing expenses. Total capitalized customer acquisition costs to obtain customer contracts were $0.2 million an d $0.3 milli and 2021 , respectively. At March 31, 2022, customer acquisition costs of $0.5 million and $0.2 million included in other current assets and other assets, respectively, on the consolidated balance sheet. The Company recognized $0.2 million of amortization of capitalized customer acquisition cost, in each of the three months ended March 31, 2022 and 2021. 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 March 31, 2022 Fixed rate $ 21,354 $ 3,784 $ — $ 25,138 Variable rate 50,430 20,720 — 71,150 Other — — 2,241 2,241 Total $ 71,784 $ 24,504 $ 2,241 $ 98,529 Three Months Ended March 31, 2021 Fixed rate $ 39,097 $ 1,741 $ — $ 40,838 Variable rate 48,516 15,539 — 64,055 Other — — 2,597 2,597 Total $ 87,613 $ 17,280 $ 2,597 $ 107,490 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 March 31, 2022 Non-Commercial Channel $ 62,175 $ 19,638 $ — $ 81,813 Commercial Channel 9,609 4,866 — 14,475 Other — — 2,241 2,241 Total $ 71,784 $ 24,504 $ 2,241 $ 98,529 Three Months Ended March 31, 2021 Non-Commercial Channel $ 73,147 $ 15,171 $ — $ 88,318 Commercial Channel 14,466 2,109 — 16,575 Other — — 2,597 2,597 Total $ 87,613 $ 17,280 $ 2,597 $ 107,490

Discontinued Operations and Div

Discontinued Operations and Divestiture	3 Months Ended
	Mar. 31, 2022
Discontinued Operations and Divestiture [Abstract]
Discontinued Operations and Divestiture	Note 5—Discontinued Operations and Divestiture United Kingdom Operations On July 17, 2017 2020 October 8, 2020. October 8, 2020 Prior to the Company acquiring the 23.0% o f Shoreditch it did not previously own, 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. On October 8, 2020 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 1.7 the date of closing) offset by £ 0.2 0.2 2018 October 8, 2020 5.5 nil In the third quarter of 2021, the natural gas and energy market in the U.K. deteriorated which prompted the Company to start the process of orderly withdrawal from the U.K. market. In October 2021, as part of the orderly exit process, Orbit and Shell U.K. Limited agreed to terminate the exclusive supply contract between them. As part of the termination agreement, Orbit was required to unwind all physical forward hedges with Shell which resulted in net cash proceeds after settlement of all related liabilities with Shell. Following the termination of the contract with Shell, Orbit filed a petition with the High Court of Justice Business and Property of England and Wales (the “Court”) to declare Orbit insolvent based on the Insolvency Act of 1986. On November 29, 2021, the Court declared Orbit insolvent, revoked Orbit's license to supply electricity and natural gas in the United Kingdom, ordered the current customers to be transferred to “supplier of last resort” and transfer the administration of Orbit to Administrators effective December 1, 2021. All of the customers of Orbit were transferred to a third-party supplier effective December 1, 2021 as ordered by the Court. All assets and liabilities of the Orbit, including cash and receivables remain with Orbit and the management and control of which was transferred to Administrators. The Company expects that the administration of Orbit will be completed in 2022 . In the fourth quarter of 2021, Orbit transferred to GEIC a net amount of $49.7 million from the proceeds of the settlement of the contact with Shell which is included in cash and cash equivalents in the consolidated balance sheet as of December 31, 2021. In January 2022, the Company transferred $21.5 million to the Administrators of Orbit Energy to fund the settlement of the expected remaining liabilities of Orbit of $30.8 million, which were included in the current liabilities of discontinued operations in the consolidated balance sheet as of December 31, 2021. In February 2022, the Company deposited $28.3 million into an attorney trust account to hold, preserve, and dispense funds to the extent needed in connection with the administration process. On February 24, 2022, the Administrators filed a petition under Chapter 15 of the U.S. Bankruptcy Code with the Bankruptcy Court of the Southern District of New York seeking (i) recognition of the U.K. administration proceeding as a foreign main proceeding and the U.K. Administrators as its foreign representatives, and (ii) entrusting distribution of the funds the Company deposited into its attorney’s trust fund to the U.K. Administrators. Following a hearing held on March 30, 2022, the Court issued an order dated April 4, 2022 which granted the Administrator’s petition to recognize the U.K. administration proceeding as a foreign main proceeding, and the U.K. Administrators as its foreign representatives, along with related relief. On April 4, 2022 , the $ 28.3 the Administrators filed an application to transfer the funds back to the Administrators’ control in the U.K. Subject to certain representations and expectations regarding use and application of the funds to efficiently and expeditiously pay off creditors and bring a timely close to the insolvency administration, the Company decided not to oppose the application, and expects the transfer to take place in short order. The Company believes that the funds are more than sufficient to pay any remaining creditors of Orbit (with a significant surplus to be returned to it). At March 31, 2022, the $28.3 million fund remained deposited in the Company's attorney trust account and was included as unrestricted cash and cash equivalent account in the consolidated balance sheet. The Company determined that exiting operations in the United Kingdom represented a strategic shift that will have a major effect on the Company's operations and financia the results of operations and related cash flows are presented as discontinued operations for all periods presented. December 31, 2021. As a result of loss of control, the Company deconsolidated Orbit effective December 1, 2021 a nd estimated the remaining liability related to its ownership of Orbit. The summary of results of operations of the discontinued operations for the three months ended March 31, 2021 was as follows: Total revenues $ 27,851 Cost of revenues 22,976 Gross profit 4,875 Selling, general and administrative expenses 5,985 Net loss before taxes (1,110 ) Net loss before taxes — Loss from discontinued operations, net of taxes $ (1,110 ) The carrying value of the Company's interest in Orbit was net liabilities of $8.9 million and $30.8 million as of March 31, 2022 and December 31, 2021, respectively. The carrying value was determined by estimating the net realizable values of assets and fair values of remaining liabilities which approximates its carrying values as of March 31, 2022 and December 31, 2021. The following table presents a summary of cash flows of the discontinued operations for the three months ended March 31, 2021: Net loss $ (1,110 ) Non-cash items 1,649 Changes in assets and liabilities (4,748 ) Cash flows used in operating activities of discontinued operations $ (4,209 ) The assets and liabilities of Orbit were included in the GRE International segment. Divestiture of Genie Japan In March 2021, the Company initiated a plan to sell certain assets and liabilities of Genie Japan. In the first quarter of 2021, certain assets and liabilities of Genie Japan were reclassified as assets and liabilities held for sale and reported at lower of fair value less cost to sell and net book value. On April 26, 2021, the Company entered into an Equity Purchase Agreement ("Purchase Agreement") with Hanhwa Q Cells Japan Co., Ltd. ("Hanhwa"), pursuant to which, the Company agreed to sell its interest in Genie Japan for ¥570.0 million (equivalent to approximately $5.3 million at April 26, 2021) subject to certain terms and conditions set forth in the Purchase Agreement. On May 11, 2021, upon the terms and subject to the conditions of Purchase Agreement, the Company completed the divestiture of Genie Japan for an aggregate cash consideration of ¥570.0 million (equivalent to approximately $5.2 million at May 11, 2021). Hanhwa also assumed the outstanding balance of the loan payable of Genie Japan. The Company paid $0.6 million of commission to certain former employees of Genie Japan and recognized a pre-tax gain of $4.2 million from the divestiture. The carrying values of assets and liabilities divested at May 11, 2021 which were previously classified as held for sale included the following: : (in thousands) Cash $ 83 Trade accounts receivable 1,737 Prepaid and other current assets 391 Intangible (license) 540 Other noncurrent assets 296 Accounts payables (611 ) Accrued expenses and other current liabilities (588 ) Loan payable ( ) Cumulative translation adjustment (181 ) Noncontrolling interest 114 Net assets $ 409 The assets and liabilities of Genie Japan were included in GRE International segment.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2022
Fair Value Measurements [Abstract]
Fair Value Measurements	Note 6 air Va 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) March 31, 2022 Assets: Marketable equity securities $ 657 $ — $ — $ 657 Derivative contracts $ 15,972 $ — $ — $ 15,972 Liabilities: Derivative contracts $ 587 $ — $ — $ 587 December 31, 2021 Assets: Marketable equity securities $ 1,336 $ — $ — $ 1,336 Derivative contracts $ 14,405 $ 44 $ — $ 14,449 Liabilities: Derivative contracts $ 1,230 $ — $ — $ 1,230 (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 three months ended March 31, 2022 and 2021. Fair Value of Other Financial Instruments 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, trade receivables, due to IDT Corporation, other current assets and other current liabilities. At March 31, 2022 and December 31, 2021, the carrying amounts of these assets and liabilities approximated fair value. The fair value estimate for restricted cash—short-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. At March 31, 2022 and December 31, 2021, other assets included notes receivable. At March 31, 2022 The primary non-recurring fair value estimates typically are in the context of goodwill impairment testing, which involves Level 3 inputs, and asset impairments (Note 9) 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. For the three months ended March 31, 2022 and 2021 no single customer accounted for 10.0% or greater of our consolidated revenues. The following table summarizes the percentage of consolidated trade receivable by customers that equal or exceed 10.0% of consolidated net trade receivables at March 31, 2022 and December 31, 2021 (no other single customer accounted for 10.0% or greater of our consolidated net trade receivable as March 31, 2022 or December 31, 2021): March 31, 2022 December 31, 2021 Customer A 12 % na % na-less than 10.0% of consolidated revenue in the period

Derivative Instruments

Derivative Instruments	3 Months Ended
	Mar. 31, 2022
Derivative Instruments [Abstract]
Derivative Instruments	Note 7 —Derivative Instruments 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 March 31, 2022, 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 March 31, 2022 was as follows (MWh – Megawatt hour and Dth – Decatherm): Settlement Dates Volume Electricity (in MWH) Gas (in Dth) Second quarter 2022 123,938 260,500 Third quarter 2022 89,153 347,090 Fourth quarter 2022 75,250 741,000 First quarter 2023 51,592 814,740 Second quarter 2023 31,005 97,900 Third quarter 2023 33,170 73,700 Fourth quarter 2023 38,918 75,900 First quarter 2024 18,000 70,600 Second quarter 2024 10,849 43,500 Third quarter of 2024 10,666 26,200 Fourth quarter of 2024 10,667 17,700 First quarter of 2025 9,312 231,900 Second quarter of 2025 — 227,600 Third quarter of 2025 6,080 230,000 Fourth quarter of 2025 — 230,000 The fair value of outstanding derivative instruments recorded in the accompanying consolidated balance sheets were as follows: Asset Derivatives Balance Sheet Location March 31, 2022 December 31, 2021 (in thousands) Derivatives not designated or not qualifying as hedging instruments: Energy contracts and options 1 Other current assets $ 13,760 $ 13,750 Energy contracts and options Other assets 2,212 699 Total derivatives not designated or not qualifying as hedging instruments — $ 15,972 $ 14,449 Liability Derivatives Derivatives not designated or not qualifying as hedging instruments: Energy contracts and options 1 Other current liabilities $ 298 697 Energy contracts and options Other liabilities 289 533 Total derivatives not designated or not qualifying as hedging instruments — Liabilities $ 587 $ 1,230 ( 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 Gain Recognized on Derivatives Derivatives not designated or not qualifying as Location of Gain Recognized Three Months Ended March 31, hedging instruments on Derivatives 2022 2021 (in thousands) Energy contracts and options Cost of revenues $ 37,728 $ 2,887

Other Current Assets

Other Current Assets	3 Months Ended
	Mar. 31, 2022
Other Current Assets [Abstract]
Other Current Assets	Note 8—Other Current Assets Other current assets consisted of the following: March 31, 2022 December 31, 2021 (in thousands) Fair value of derivative contracts $ 13,760 $ 13,750 Receivables from the settlement of derivative contracts 1,290 4,655 Other current assets 2,343 3,384 Total other current assets $ 17,393 $ 21,789

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	3 Months Ended
	Mar. 31, 2022
Goodwill and Other Intangible Assets [Abstract]
Goodwill and Other Intangible Assets	Note 9—Goodwill and Other Intangible Assets The table below reconciles the change in the carrying amount of goodwill for the period from January 1, to March 31, 2022: GRE GRE International Genie Renewables Total (in thousands) Balance at January 1, 2022 $ 9,998 $ 1,757 $ — $ 11,755 Cumulative translation adjustment — (46 ) — (46 ) Balance at March 31, 2022 $ 9,998 $ 1,711 $ — $ 11,709 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) March 31, 2022 Patents and trademarks 17.1 years $ 3,796 $ (1,171 ) $ 2,625 Customer relationships 9.0 years 1,100 (560 ) 540 Licenses 10.0 years 479 (115 ) 364 Total $ 5,375 $ (1,846 ) $ 3,529 December 31, 2021 Trademark 17.1 years $ 3,805 $ (1,103 ) $ 2,702 Customer relationships 9.0 years 1,100 (530 ) 570 Licenses 10.0 years 479 (103 ) 376 Total $ 5,384 $ (1,736 ) $ 3,648 Amortization expense of intangible assets (including minimal amounts reported in cost of revenues) was $0.2 million and $ 0.1 million for the three months ended March 31, 2022 , respectively. million, $0.4 million, $0.4 million, $0.4 million, $0.3 million

Accrued Expenses

Accrued Expenses	3 Months Ended
	Mar. 31, 2022
Accrued Expenses [Abstract]
Accrued Expenses	Note 10—Accrued Expenses Accrued expenses consisted of the following: March 31, 2022 December 31, 2021 (in thousands) Renewable energy $ 26,855 $ 23,247 Liability to customers related to promotions and retention incentives 9,034 9,071 Payroll and employee benefit 2,806 3,297 Other accrued expenses 3,577 3,908 Total accrued expenses $ 42,272 $ 39,523

Leases

Leases	3 Months Ended
	Mar. 31, 2022
Leases [Abstract]
Leases	Note 11—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 2022 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 March 31, 2022 December 31, 2021 (in thousands) ROU Assets $ 1,585 $ 1,656 Current portion of operating lease liabilities 217 229 Noncurrent portion of operating lease liabilities 1,441 1,495 Total $ 1,658 $ 1,724 At March 31, 2022, the weighted average remaining lease term is 7.3 Supplemental cash flow information for ROU assets and operating lease liabilities are as follows: Three Months Ended March 31, 2022 2021 Cash paid for amounts included in the measurement of lease liabilities: (in thousands) Operating cash flows from operating activities $ 143 $ 183 ROU assets obtained in the exchange for lease liabilities Operating leases $ — $ — Future lease payments under operating leases as of March 31, 2022 were as follows: (in thousands) Remainder of 2022 $ 240 2023 316 2024 282 2025 233 2026 239 Thereafter 833 Total future lease payments 2,143 Less imputed interest (485 ) Total operating lease liabilities $ 1,658 Rental expenses under operating leases were and $0.2 million in the three months ended March 31, 2022 2021

Equity

Equity	3 Months Ended
	Mar. 31, 2022
Equity [Abstract]
Equity	Note 12—Equity Dividend Payments The following table summarizes the quarterly dividends paid by the Company during the three months ended March 31, 2022 (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 14, 2022 $ 0.1594 $ 370 February 7, 2022 February 15, 2022 Class A Common Stock and Class B Common Stock February 7, 2022 $ 0.0750 $ 1,934 February 22, 2022 March 1, 2022 In March 2021, in light of the losses incurred from the effects of events in Texas and Japan discussed above, the Company suspended the payment of quarterly dividends on its common stock. However, in February 2022, the Company reinstated the quarterly dividends on our Class A and Class B common stock. On December 31, 2021, the Company accrued Additional Dividends of $0.0848 per share on its Preferred Stock, equal to $0.2 million, in respect of the GRE results of operations through December 31 , On April 14, 2022, 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 May 16, 2022 . On May 3, 2022, the Company’s Board of Directors declared a quarterly dividend of $0.0750 per share on its Class A common stock and Class B common stock for the of 2022. The dividend will be paid on or about May 31, 2022 to stockholders of record as of the close of business on May 20, 2022. 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 Repurchases 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. There were no At As of March 31, 2022 and December 31, 2021, there were 2.0 million outstanding shares of Class B common stock held in the Company's treasury, with a cost of $14.1 million at a weighted average cost per share of $7.01. On March 21, 2020, the Board of Directors of the Company approved a program to redeem up to $4.0 million worth of the Company's Preferred Stock in accordance with the Certificate of Designations for the preferred stock. There was no redemption under this program in three months ended March 31, 2022 and 2021. On February 7, 2022, the Board of Directors of the Company authorized a program to redeem up to $1.0 million per quarter of the Company's Preferred Stock at the liquidation preference of $8.50 per share beginning in the second quarter of 2022. On May 3, 2022, the Board of Directors authorized to redeem $2.0 million of the Company's Preferred Stock during the second quarter of 2022. Warrants to Purchase Class B Common Stock On June 8, 2018, the Company sold to Howard S. Jonas, the Chairman of the Company’s Board of Directors and then the holder of the controlling portion 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 , there were outstanding 1,257,862 warrants to purchase the Company’s Class B common stock at $4.77 per share, all of which will expire in June 2023 Purchase of Equity of Subsidiaries In September 2021, the Company purchased from Howard S. Jonas, the Chairman of the Board of Directors of the Company, Michael Stein, the Chief Executive Officer of the Company, Avi Goldin, the Chief Financial Officer of the Company, certain employees and consultant an aggregate of 4.3% fully vested interest in GRE International by issuing 218,862 of the Company's Class B common stock. In October 2021, the Company purchased from Wes Perry, the Chairman of the Audit Committee of the Company's Board of Directors, a 0.2% interest in GEIC by issuing 36,591 of the Company's Class B common stock. Stock-Based Compensation The Company’s 2011 Stock Option and Incentive Plan (as amended, the "2011 Plan") is intended to provide incentives to executives, employees, directors and consultants of the Company. Incentives available under the Plan include stock options, stock appreciation rights, limited rights, deferred stock units, and restricted stock. The 2011 Plan expired in 2021 and no new grants are to be issued thereunder, however, outstanding grants are not impacted by the expiration of the plan. On March 8, 2021, the Board of Directors adopted the Company 2021 Stock Option and Incentive Plan (the "2021 Plan"), subject to the approval of the Company's stockholders in May 2021, became effective and replaced the 2011 Plan on May 12, 2021. Similar to the 2011 Plan, the 2021 Plan provides incentives to executives, employees, directors and consultants of the Company. Incentives available under the 2021 Plan include stock options, stock appreciation rights, limited stock appreciation rights, deferred stock units, and restricted stock. The Plan is administered by the Compensation Committee of the Company’s Board of Directors. The maximum number of shares reserved for the grant of awards under the 2021 Plan is 1.0 million shares of Class B Common Stock. In February 2022, the Company granted certain employees and members of its Board of Directors an aggregate of 290,000 deferred stock units which will vest in two tranches contingent upon the achievement of a specified thirty-day average closing price of the Company's Class B common stock within a specified period of time (the "2022 market conditions") and the satisfaction of service-based vesting conditions. Each deferred stock unit entitles the recipient to receive, upon vesting, up to two shares of Class B common stock of the Company depending on 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 $5.9 million of total unrecognized stock-based compensation costs related to outstanding and unvested equity-based grants. These costs are expected to be recognized over a weighted-average period of approximately years.

Variable Interest Entity

Variable Interest Entity	3 Months Ended
	Mar. 31, 2022
Variable Interest Entity [Abstract]
Variable Interest Entity	Note 13—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 March 31, 2022 2021 (in thousands) Net loss $ 986 $ 322 Aggregate funding provided by the Company, net $ 1,458 $ 403 Summarized combined balance sheet amounts related to CCE was as follows: March 31, 2022 December 31, 2021 (in thousands) Assets Cash, cash equivalents and restricted cash $ 918 $ 559 Trade accounts receivable 661 544 Prepaid expenses and other current assets 358 367 Other assets 359 359 Total assets $ 2,296 $ 1,829 Liabilities and noncontrolling interests Current liabilities $ 543 $ 547 Due to IDT Energy 7,126 5,668 Noncontrolling interests (5,373 ) (4,386 ) Total liabilities and noncontrolling interests $ 2,296 $ 1,829 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	3 Months Ended
	Mar. 31, 2022
Income Taxes [Abstract]
Income Taxes	Note 14—Income Taxes The following table provides a summary of Company's effective tax rate: Three Months Ended March 31, 2022 2021 Reported tax rate 28.0 % ( ) % The change in the reported tax rate for three months ended March 31, 2022 compared to the same period in 2021 is a result of favorable results of operations in the U.S. and changes in the mix of jurisdictions in which the taxable income was earned which was not offset by income tax benefit in some jurisdictions that had losses due to valuation allowances in those jurisdictions.

Earnings (Loss) Per Share

Earnings (Loss) Per Share	3 Months Ended
	Mar. 31, 2022
Earnings (Loss) Per Share [Abstract]
Earnings (Loss) Per Share	Note 15— Earnings (Loss) 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 increases 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 March 31, 2022 2021 (in Basic weighted-average number of shares 25,764 26,004 Effect of dilutive securities: Stock options and warrants 308 — Non-vested restricted Class B common stock 56 — Diluted weighted-average number of shares 26,128 26,004 The following shares were excluded from the diluted earnings per share computations: 2022 2021 (in Shares underlying options and warrants 126 579 Non-vested restricted Class B common stock — 71 Non-vested deferred stock units 580 610 Stock options were excluded from the diluted earnings per share computation in the three months ended March 31, 2022 because the exercise prices of the stock options were greater than the average market prices of the Company's stock during the period. In 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 March 31, 2022 and 2021.

Related Party Transactions

Related Party Transactions	3 Months Ended
	Mar. 31, 2022
Related Party Transactions [Abstract]
Related Party Transactions	Note 16—Related Party Transactions On December 7, 2020, the Company invested $5.0 million to purchase 218,245 shares of Class B common stock of Rafael Holdings, Inc. ("Rafael"). Rafael, a publicly-traded company, is also a related party. Rafael is 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 of Rafael. 0.7 For the , the Company recognized unrealized gain on investment of 4.1 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. The Company also provides specified administrative services to certain of foreign subsidiaries. Howard Jonas is the Chairman of the Board of IDT. The Company leases office space and parking in New Jersey from 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 March 31, 2022 2021 (in thousands) Amount IDT charged the Company $ 406 $ 250 Amount the Company charged IDT $ 37 $ 39 Amount Rafael charged the Company $ 58 $ 57 The following table presents the balance of receivables and payables to IDT and Rafael: March 31, 2022 December 31, 2021 (in thousands) Due to IDT $ 168 $ 239 Due from IDT $ 27 $ 51 Due to Rafael $ — $ — On August 31, 2018, the Company extended a loan to a former employee for $0.1 million. The loan agreement requires scheduled payments from December 31, 2020 to December 2052. The loan bears the same interest equivalent to a minimum rate, in effect from time to time required by local regulations and is compounded annually. The Company recorded nominal amounts of interest income for the three months ended March 31, 2022 and 2021 related to this debt. The outstanding balance, including accrued interest was $0.1 million as of March 31, 2022. The Company obtains insurance policies from several insurance brokers, one In the September and October of 2021, the Company purchased from certain related parties interests in GRE International and GEIC (see Note 12 — Equity In February 21, 2022, the Company entered into an Loan and Security Agreement to extend up to ILS5.5 million (equivalent to $1.7 million as at March 31, 2022) with The all assets that Mr. Ohayon is acquiring from the proceeds of the loan bears a minimum interest as set by the Income Tax Regulations of Israel (3.23% in 2022) and is due, together with the principal amount on or before December 31, 2023. As of Investments in Atid 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. 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, a Company subsidiary agreed to make available to Atid 613 working capital financing up to $0.4 million ("Credit Facility"). Any outstanding borrowing under the Credit Facility would bear interest at a variable rate as described in the Shareholder Agreement 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 NIS5.1 million (equivalent to $1.5 million at March 31, 2022), including the Company's commitment to extend up to NIS1.9 million (equivalent to $0.5 million at March 31, 2022) of such amount. In August 2019, the Company extended NIS0.8 million (equivalent to $0.2 million) in loans. The loans which are secured by Atid 613’s assets bore no interest until March 1, 2020 and bear interest at 5.5% for all subsequent periods. In May 2021 ,

Business Segment Information

Business Segment Information	3 Months Ended
	Mar. 31, 2022
Business Segment Information [Abstract]
Business Segment Information	Note 17—Business Segment Information The Company h as r GRE's REP businesses resell electricity and natural gas to residential and small business customers in the Eastern and Midwestern United States and Texas. GRE International, operates Genie 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 Genie Renewables Corporate Total Three Months Ended March 31, 2022 Revenues $ 83,884 $ 12,603 $ 2,042 $ — $ 98,529 Income (loss) from operations 30,176 (2,808 ) (479 ) (2,456 ) 24,433 Depreciation and amortization 85 188 11 — 284 Stock-based compensation 246 36 — 558 840 Provision for (benefit from) income taxes 7,833 (821 ) — (498 ) 6,514 Three Months Ended March 31, 2021 Revenues $ 90,667 $ 14,335 $ 2,488 $ — $ 107,490 Income (loss) from operations 1,204 (5,551 ) 559 (1,677 ) (5,465 ) Depreciation and amortization 118 250 12 — 380 Stock-based compensation 162 32 — 395 589 Provision for (benefit from) income tax 1,186 (837 ) 128 58 535 Total assets for the business segments of the Company wer e as (in thousands) GRE GRE International Genie Renewables Corporate Total Total assets: March 31, 2022 $ 149,263 $ 22,953 $ 5,005 $ 42,964 $ 220,185 December 31, 2021 174,442 34,674 3,946 16,403 229,465

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2022
Commitments and Contingencies [Abstract]
Commitments and Contingencies	Note 18 Legal Proceedings 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. Refer to Note 5 — 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 to 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. State of Connecticut Public Utilities Regulatory Authority Town Square 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 subsequently joined in the investigation. On June 17, 2020, PURA notified Town Square that it was advancing its investigation by assigning Prosecutorial 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. Although Town Square denies any basis for those complaints and any wrongdoing on its part, in July 2021, the parties settled the dispute. Pursuant to the terms of the settlement agreement, Town Square paid Town Square has also agreed to voluntarily refrain from in-person marketing activities in Connecticut for a period of three months ended March 31, 2022 Residents Energy In August 2020, Residents Energy began marketing retail energy services to Connecticut. For the year ended December 31, 2021, Residents Energy's gross revenues from sales in Connecticut was $0.2 million. During the fourth quarter of 2020, the enforcement division of PURA contacted Residents Energy concerning customer complaints received in connection with alleged door-to-door marketing activities in violation of various rules and regulations. On March 12, 2021, the enforcement division filed a motion against Resident Energy with the adjudicating body of PURA, seeking the assessment of along with a suspension of license, auditing of marketing practices upon reinstatement and an invitation for settlement discussions. In June 2021, the parties settled the dispute. Pursuant to the terms of the settlement agreement, Residents Energy paid 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. On October 25, 2019, the Office of the Attorney General of the State of Illinois ("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 as required, has challenged the merits of the subpoena and investigation. Residents Energy denies any wrongdoing on its part. For the three months ended March 31, 2022 8.3 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. In August 2021, the parties settled the dispute without any obligation for payment by Town Square. In connection with the settlement, Town Square has agreed to voluntarily refrain from door-to-door marketing activities in Maine through June 30, 2023, and to voluntarily refrain from outbound telemarketing to obtain new residential customers for a period of six months, along with certain compliance procedures. For the three months ended March 31, 2022 2021 0.4 Other Commitments Purchase Commitments The Company had future purchase commitments of $132.5 million at March 31, 2022, of which $94.9 million was for future purchase of electricity. The purchase commitments outstanding as of March 31, 2022 are expected to be paid as follows: (in thousands) Remainder of 2022 $ 62,296 2023 52,707 2024 16,530 2025 1,006 2026 — Thereafter — Total payments $ 132,539 In three months ended March 31, 2022, the Company purchased $20.1 million and $4.1 million of electricity and renewable energy credits, respectively, under these purchase commitments. In three months ended March 31, 2021 , the Company purchased $ 79.2 3.0 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 March 31, 2022, GRE had commitments to purchase renewable energy credits of $37.7 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 March 31, 2022, GRE had aggregate performance bonds of $15.5 million outstanding and minimal amount of unused letters of credit. 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, 2023. 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. 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 March 31, 2022, the Company was in compliance with such covenants. At March 31, 2022, restricted cash—short-term of $1.3 million and trade accounts receivable of $47.9 million were pledged to BP as collateral for the payment of trade accounts payable to BP of $10.8 million at March 31, 2022.

Debt

Debt	3 Months Ended
	Mar. 31, 2022
Debt [Abstract]
Debt	Note 19—Debt Loan with Tokyo Star Bank On May 13, 2020, Genie Japan entered into a Loan Agreement with Tokyo Star Bank for a ¥150.0 million (equivalent to $1.4 million) short-term credit facility ("May 2020 Loan") with maturity date of November 13, 2020. On November 13, 2020, Genie Japan and Tokyo Star Bank amended the May 2020 Loan to extend the maturity date to May 13, 2021. 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 incurred interest at 3.0% per annum and was payable monthly. In May 2021, the Company completed the divestiture of Genie Japan including balance of the May 2020 Loan ( see Credit Agreement with JP Morgan Chase Bank On December 13, 2018, the Company entered into a Credit Agreement with JPMorgan Chase Bank (“Credit Agreement”). On December 23, 2021, the Company entered into the third amendment of its existing Credit Agreement to extend the maturity date to December 31, 2022. 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, March 31, 2022, there are no letters of credit issued by JP Morgan Chase Bank. At March 31, 2022, the cash collateral of $5.2 million was included in restricted cash—short-term in the consolidated balance sheet.

Recently Issued Accounting Stan

Recently Issued Accounting Standards	3 Months Ended
	Mar. 31, 2022
Recently Issued Accounting Standards [Abstract]
Recently Issued Accounting Standards	Note 20—Recently Issued Accounting Standards 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 currently evaluating the requirements of this guidance and has not yet determined the impact of its adoption on the Company's consolidated financial statements.

Cash, Cash Equivalents, and R_2

Cash, Cash Equivalents, and Restricted Cash (Tables)	3 Months Ended
	Mar. 31, 2022
Cash, Cash Equivalents, and Restricted Cash [Abstract]
Schedule of reconciliation of cash, cash equivalents, and restricted cash	March 31, 2022 December 31, 2021 (in thousands) Cash and cash equivalents $ 88,185 $ 95,492 Restricted cash—short-term 6,496 6,657 Total cash, cash equivalents, and restricted cash $ 94,681 $ 102,149

Inventories (Tables)

Inventories (Tables)	3 Months Ended
	Mar. 31, 2022
Inventories [Abstract]
Schedule of Inventories	March 31, 2022 December 31, 2021 (in thousands) Natural gas $ 445 $ 1,891 Renewable credits 18,029 15,610 Solar Panels: Finished goods 391 219 Totals $ 18,865 $ 17,720

Revenue Recognition (Tables)

Revenue Recognition (Tables)	3 Months Ended
	Mar. 31, 2022
Revenue Recognition [Abstract]
Schedule of revenues disaggregated	Electricity Natural Gas Other Total (in thousands) Three Months Ended March 31, 2022 Fixed rate $ 21,354 $ 3,784 $ — $ 25,138 Variable rate 50,430 20,720 — 71,150 Other — — 2,241 2,241 Total $ 71,784 $ 24,504 $ 2,241 $ 98,529 Three Months Ended March 31, 2021 Fixed rate $ 39,097 $ 1,741 $ — $ 40,838 Variable rate 48,516 15,539 — 64,055 Other — — 2,597 2,597 Total $ 87,613 $ 17,280 $ 2,597 $ 107,490 Electricity Natural Gas Other Total (in thousands) Three Months Ended March 31, 2022 Non-Commercial Channel $ 62,175 $ 19,638 $ — $ 81,813 Commercial Channel 9,609 4,866 — 14,475 Other — — 2,241 2,241 Total $ 71,784 $ 24,504 $ 2,241 $ 98,529 Three Months Ended March 31, 2021 Non-Commercial Channel $ 73,147 $ 15,171 $ — $ 88,318 Commercial Channel 14,466 2,109 — 16,575 Other — — 2,597 2,597 Total $ 87,613 $ 17,280 $ 2,597 $ 107,490

Discontinued Operations and D_2

Discontinued Operations and Divestiture (Tables)	3 Months Ended
	Mar. 31, 2022
Discontinued Operations and Divestiture [Abstract]
Schedule of operations of discontinued operations	The summary of results of operations of the discontinued operations for the three months ended March 31, 2021 was as follows: Total revenues $ 27,851 Cost of revenues 22,976 Gross profit 4,875 Selling, general and administrative expenses 5,985 Net loss before taxes (1,110 ) Net loss before taxes — Loss from discontinued operations, net of taxes $ (1,110 )
Schedule of cash flow of discontinued operations	The following table presents a summary of cash flows of the discontinued operations for the three months ended March 31, 2021: Net loss $ (1,110 ) Non-cash items 1,649 Changes in assets and liabilities (4,748 ) Cash flows used in operating activities of discontinued operations $ (4,209 )
Schedule of assets and liabilities	(in thousands) Cash $ 83 Trade accounts receivable 1,737 Prepaid and other current assets 391 Intangible (license) 540 Other noncurrent assets 296 Accounts payables (611 ) Accrued expenses and other current liabilities (588 ) Loan payable ( ) Cumulative translation adjustment (181 ) Noncontrolling interest 114 Net assets $ 409

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2022
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) March 31, 2022 Assets: Marketable equity securities $ 657 $ — $ — $ 657 Derivative contracts $ 15,972 $ — $ — $ 15,972 Liabilities: Derivative contracts $ 587 $ — $ — $ 587 December 31, 2021 Assets: Marketable equity securities $ 1,336 $ — $ — $ 1,336 Derivative contracts $ 14,405 $ 44 $ — $ 14,449 Liabilities: Derivative contracts $ 1,230 $ — $ — $ 1,230 (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
Consolidated gross trade accounts receivable [Member]
Concentration Risk [Line Items]
Schedule of concentration risk	The following table summarizes the percentage of consolidated trade receivable by customers that equal or exceed 10.0% of consolidated net trade receivables at March 31, 2022 and December 31, 2021 (no other single customer accounted for 10.0% or greater of our consolidated net trade receivable as March 31, 2022 or December 31, 2021): March 31, 2022 December 31, 2021 Customer A 12 % na % na-less than 10.0% of consolidated revenue in the period

Derivative Instruments (Tables)

Derivative Instruments (Tables)	3 Months Ended
	Mar. 31, 2022
Derivative Instruments [Abstract]
Schedule of volume of GRE's outstanding contracts and options	Settlement Dates Volume Electricity (in MWH) Gas (in Dth) Second quarter 2022 123,938 260,500 Third quarter 2022 89,153 347,090 Fourth quarter 2022 75,250 741,000 First quarter 2023 51,592 814,740 Second quarter 2023 31,005 97,900 Third quarter 2023 33,170 73,700 Fourth quarter 2023 38,918 75,900 First quarter 2024 18,000 70,600 Second quarter 2024 10,849 43,500 Third quarter of 2024 10,666 26,200 Fourth quarter of 2024 10,667 17,700 First quarter of 2025 9,312 231,900 Second quarter of 2025 — 227,600 Third quarter of 2025 6,080 230,000 Fourth quarter of 2025 — 230,000
Schedule of fair value of outstanding derivative instruments recorded as assets and liability	Asset Derivatives Balance Sheet Location March 31, 2022 December 31, 2021 (in thousands) Derivatives not designated or not qualifying as hedging instruments: Energy contracts and options 1 Other current assets $ 13,760 $ 13,750 Energy contracts and options Other assets 2,212 699 Total derivatives not designated or not qualifying as hedging instruments — $ 15,972 $ 14,449 Liability Derivatives Derivatives not designated or not qualifying as hedging instruments: Energy contracts and options 1 Other current liabilities $ 298 697 Energy contracts and options Other liabilities 289 533 Total derivatives not designated or not qualifying as hedging instruments — Liabilities $ 587 $ 1,230 ( 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 Gain Recognized on Derivatives Derivatives not designated or not qualifying as Location of Gain Recognized Three Months Ended March 31, hedging instruments on Derivatives 2022 2021 (in thousands) Energy contracts and options Cost of revenues $ 37,728 $ 2,887

Other Current Assets (Tables)

Other Current Assets (Tables)	3 Months Ended
	Mar. 31, 2022
Other Current Assets [Abstract]
Schedule of other current assets	Other current assets consisted of the following: March 31, 2022 December 31, 2021 (in thousands) Fair value of derivative contracts $ 13,760 $ 13,750 Receivables from the settlement of derivative contracts 1,290 4,655 Other current assets 2,343 3,384 Total other current assets $ 17,393 $ 21,789

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2022
Goodwill and Other Intangible Assets [Abstract]
Schedule of goodwill	GRE GRE International Genie Renewables Total (in thousands) Balance at January 1, 2022 $ 9,998 $ 1,757 $ — $ 11,755 Cumulative translation adjustment — (46 ) — (46 ) Balance at March 31, 2022 $ 9,998 $ 1,711 $ — $ 11,709
Schedule of other intangible assets	Weighted Average Amortization Period Gross Carrying Amount Accumulated Amortization Net Balance (in thousands) March 31, 2022 Patents and trademarks 17.1 years $ 3,796 $ (1,171 ) $ 2,625 Customer relationships 9.0 years 1,100 (560 ) 540 Licenses 10.0 years 479 (115 ) 364 Total $ 5,375 $ (1,846 ) $ 3,529 December 31, 2021 Trademark 17.1 years $ 3,805 $ (1,103 ) $ 2,702 Customer relationships 9.0 years 1,100 (530 ) 570 Licenses 10.0 years 479 (103 ) 376 Total $ 5,384 $ (1,736 ) $ 3,648

Accrued Expenses (Tables)

Accrued Expenses (Tables)	3 Months Ended
	Mar. 31, 2022
Accrued Expenses [Abstract]
Schedule of accrued expenses	March 31, 2022 December 31, 2021 (in thousands) Renewable energy $ 26,855 $ 23,247 Liability to customers related to promotions and retention incentives 9,034 9,071 Payroll and employee benefit 2,806 3,297 Other accrued expenses 3,577 3,908 Total accrued expenses $ 42,272 $ 39,523

Leases (Tables)

Leases (Tables)	3 Months Ended
	Mar. 31, 2022
Leases [Abstract]
Schedule of operating lease expense	March 31, 2022 December 31, 2021 (in thousands) ROU Assets $ 1,585 $ 1,656 Current portion of operating lease liabilities 217 229 Noncurrent portion of operating lease liabilities 1,441 1,495 Total $ 1,658 $ 1,724
Schedule of supplemental cash flow information	Three Months Ended March 31, 2022 2021 Cash paid for amounts included in the measurement of lease liabilities: (in thousands) Operating cash flows from operating activities $ 143 $ 183 ROU assets obtained in the exchange for lease liabilities Operating leases $ — $ —
Schedule of future operating lease	(in thousands) Remainder of 2022 $ 240 2023 316 2024 282 2025 233 2026 239 Thereafter 833 Total future lease payments 2,143 Less imputed interest (485 ) Total operating lease liabilities $ 1,658

Equity (Tables)

Equity (Tables)	3 Months Ended
	Mar. 31, 2022
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 14, 2022 $ 0.1594 $ 370 February 7, 2022 February 15, 2022 Class A Common Stock and Class B Common Stock February 7, 2022 $ 0.0750 $ 1,934 February 22, 2022 March 1, 2022

Concentrations and Associated C

Concentrations and Associated Credit Risk (Tables)	3 Months Ended
	Mar. 31, 2022
Accounts receivable [Member]
Concentration Risk [Line Items]
Schedule of concentration risk	The following table summarizes the percentage of consolidated trade receivable by customers that equal or exceed 10.0% of consolidated net trade receivables at March 31, 2022 and December 31, 2021 (no other single customer accounted for 10.0% or greater of our consolidated net trade receivable as March 31, 2022 or December 31, 2021): March 31, 2022 December 31, 2021 Customer A 12 % na % na-less than 10.0% of consolidated revenue in the period

Variable Interest Entity (Table

Variable Interest Entity (Tables)	3 Months Ended
	Mar. 31, 2022
Variable Interest Entity [Abstract]
Schedule of net loss related to CCE and aggregate net funding	Three Months Ended March 31, 2022 2021 (in thousands) Net loss $ 986 $ 322 Aggregate funding provided by the Company, net $ 1,458 $ 403
Schedule of combined balance sheet amounts related to CCE	March 31, 2022 December 31, 2021 (in thousands) Assets Cash, cash equivalents and restricted cash $ 918 $ 559 Trade accounts receivable 661 544 Prepaid expenses and other current assets 358 367 Other assets 359 359 Total assets $ 2,296 $ 1,829 Liabilities and noncontrolling interests Current liabilities $ 543 $ 547 Due to IDT Energy 7,126 5,668 Noncontrolling interests (5,373 ) (4,386 ) Total liabilities and noncontrolling interests $ 2,296 $ 1,829

Income Taxes (Tables)

Income Taxes (Tables)	3 Months Ended
	Mar. 31, 2022
Income Taxes [Abstract]
Schedule of company's effective tax rate	Three Months Ended March 31, 2022 2021 Reported tax rate 28.0 % ( ) %

Earnings (Loss) Per Share (Tabl

Earnings (Loss) Per Share (Tables)	3 Months Ended
	Mar. 31, 2022
Earnings (Loss) Per Share [Abstract]
Schedule of weighted-average number of shares used in the calculation of basic and diluted earnings per share	Three Months Ended March 31, 2022 2021 (in Basic weighted-average number of shares 25,764 26,004 Effect of dilutive securities: Stock options and warrants 308 — Non-vested restricted Class B common stock 56 — Diluted weighted-average number of shares 26,128 26,004
Schedule of shares were excluded from the diluted earnings per share	2022 2021 (in Shares underlying options and warrants 126 579 Non-vested restricted Class B common stock — 71 Non-vested deferred stock units 580 610

Related Party Transactions (Tab

Related Party Transactions (Tables)	3 Months Ended
	Mar. 31, 2022
Related Party Transactions [Abstract]
Schedule of related party transactions	Three Months Ended March 31, 2022 2021 (in thousands) Amount IDT charged the Company $ 406 $ 250 Amount the Company charged IDT $ 37 $ 39 Amount Rafael charged the Company $ 58 $ 57
Schedule of receivables and payables	March 31, 2022 December 31, 2021 (in thousands) Due to IDT $ 168 $ 239 Due from IDT $ 27 $ 51 Due to Rafael $ — $ —

Business Segment Information (T

Business Segment Information (Tables)	3 Months Ended
	Mar. 31, 2022
Business Segment Information [Abstract]
Schedule of operating results for the business segments	(in thousands) GRE GRE International Genie Renewables Corporate Total Three Months Ended March 31, 2022 Revenues $ 83,884 $ 12,603 $ 2,042 $ — $ 98,529 Income (loss) from operations 30,176 (2,808 ) (479 ) (2,456 ) 24,433 Depreciation and amortization 85 188 11 — 284 Stock-based compensation 246 36 — 558 840 Provision for (benefit from) income taxes 7,833 (821 ) — (498 ) 6,514 Three Months Ended March 31, 2021 Revenues $ 90,667 $ 14,335 $ 2,488 $ — $ 107,490 Income (loss) from operations 1,204 (5,551 ) 559 (1,677 ) (5,465 ) Depreciation and amortization 118 250 12 — 380 Stock-based compensation 162 32 — 395 589 Provision for (benefit from) income tax 1,186 (837 ) 128 58 535
Schedule of total assets for the business segments	(in thousands) GRE GRE International Genie Renewables Corporate Total Total assets: March 31, 2022 $ 149,263 $ 22,953 $ 5,005 $ 42,964 $ 220,185 December 31, 2021 174,442 34,674 3,946 16,403 229,465

Commitments and Contingencies (

Commitments and Contingencies (Tables)	3 Months Ended
	Mar. 31, 2022
Commitments and Contingencies [Abstract]
Schedule of purchase commitments outstanding	(in thousands) Remainder of 2022 $ 62,296 2023 52,707 2024 16,530 2025 1,006 2026 — Thereafter — Total payments $ 132,539

Basis of Presentation and Bus_2

Basis of Presentation and Business Changes and Development (Details) - USD ($) $ in Millions	May 11, 2021	Nov. 30, 2021	Jun. 30, 2021	Mar. 31, 2022	Sep. 30, 2021	Mar. 31, 2021	Mar. 31, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2021	Jun. 30, 2020
Basis of Presentation and Business Changes and Development (Textual)
Company's investment, ownership percentage in subsidiary	98.80%	100.00%		93.50%
Percentage of gas revenue generated in given period						44.50%	47.70%	30.30%	31.80%
Interest rate				100.00%
Cost of revenue			$ 1.5		$ 1.9			$ 3.4		$ 3.4
Minimum [Member]
Basis of Presentation and Business Changes and Development (Textual)
Cost of revenue			1.5
Maximum [Member]
Basis of Presentation and Business Changes and Development (Textual)
Cost of revenue			$ 2.6
Genie Japan [Member]
Basis of Presentation and Business Changes and Development (Textual)
Additional costs included in cost of revenue				$ 2.5
Genie Retail Energy [Member]
Basis of Presentation and Business Changes and Development (Textual)
Company's investment, ownership percentage in subsidiary				100.00%
Genie Energy Services [Member]
Basis of Presentation and Business Changes and Development (Textual)
Company's investment, ownership percentage in subsidiary				95.50%
Prism Solar Technology [Member]
Basis of Presentation and Business Changes and Development (Textual)
Business acquired interest				60.00%
Lumo Energia Oyj [Member]
Basis of Presentation and Business Changes and Development (Textual)
Company's investment, ownership percentage in subsidiary				97.70%
Business acquired interest											90.80%
GRE International Corporation [Member]
Basis of Presentation and Business Changes and Development (Textual)
Company's investment, ownership percentage in subsidiary				99.50%
Cost of revenue						$ 13
Genie Retail Energy International [Member]
Basis of Presentation and Business Changes and Development (Textual)
Company's investment, ownership percentage in subsidiary				100.00%

Cash, Cash Equivalents, and R_3

Cash, Cash Equivalents, and Restricted Cash (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021	Mar. 31, 2021
Cash, Cash Equivalents, and Restricted Cash [Abstract]
Cash and cash equivalents	$ 88,185	$ 95,492
Restricted cash—short-term	6,496	6,657
Total cash, cash equivalents, and restricted cash	$ 94,681	$ 102,149	$ 31,198

Inventories (Details)

Inventories (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Inventories [Abstract]
Natural gas	$ 445	$ 1,891
Renewable credits	18,029	15,610
Solar Panels:
Finished goods	391	219
Totals	$ 18,865	$ 17,720

Revenue Recognition (Details)

Revenue Recognition (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Disaggregation of Revenue [Line Items]
Total revenues	$ 98,529	$ 107,490
Electricity [Member]
Disaggregation of Revenue [Line Items]
Total revenues	71,784	87,613
Natural Gas [Member]
Disaggregation of Revenue [Line Items]
Total revenues	24,504	17,280
Other [Member]
Disaggregation of Revenue [Line Items]
Total revenues	2,241	2,597
Fixed rate [Member]
Disaggregation of Revenue [Line Items]
Total revenues	25,138	40,838
Fixed rate [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Total revenues	21,354	39,097
Fixed rate [Member] | Natural Gas [Member]
Disaggregation of Revenue [Line Items]
Total revenues	3,784	1,741
Fixed rate [Member] | Other [Member]
Disaggregation of Revenue [Line Items]
Total revenues
Variable rate [Member]
Disaggregation of Revenue [Line Items]
Total revenues	71,150	64,055
Variable rate [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Total revenues	50,430	48,516
Variable rate [Member] | Natural Gas [Member]
Disaggregation of Revenue [Line Items]
Total revenues	20,720	15,539
Variable rate [Member] | Other [Member]
Disaggregation of Revenue [Line Items]
Total revenues
Other [Member]
Disaggregation of Revenue [Line Items]
Total revenues	2,241	2,597
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	$ 2,241	$ 2,597

Revenue Recognition (Details 1)

Revenue Recognition (Details 1) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Disaggregation of Revenue [Line Items]
Total revenues	$ 98,529	$ 107,490
Electricity [Member]
Disaggregation of Revenue [Line Items]
Total revenues	71,784	87,613
Natural Gas [Member]
Disaggregation of Revenue [Line Items]
Total revenues	24,504	17,280
Other [Member]
Disaggregation of Revenue [Line Items]
Total revenues	2,241	2,597
Non Commercial and commercial [Member]
Disaggregation of Revenue [Line Items]
Total revenues		2,597
Non-Commercial Channel [Member]
Disaggregation of Revenue [Line Items]
Total revenues	81,813	88,318
Non-Commercial Channel [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Total revenues	62,175	73,147
Non-Commercial Channel [Member] | Natural Gas [Member]
Disaggregation of Revenue [Line Items]
Total revenues	19,638	15,171
Non-Commercial Channel [Member] | Other [Member]
Disaggregation of Revenue [Line Items]
Total revenues
Commercial Channel [Member]
Disaggregation of Revenue [Line Items]
Total revenues	14,475	16,575
Commercial Channel [Member] | Electricity [Member]
Disaggregation of Revenue [Line Items]
Total revenues	9,609	14,466
Commercial Channel [Member] | Natural Gas [Member]
Disaggregation of Revenue [Line Items]
Total revenues	4,866	2,109
Commercial Channel [Member] | Other [Member]
Disaggregation of Revenue [Line Items]
Total revenues
Other [Member]
Disaggregation of Revenue [Line Items]
Total revenues	2,241	2,597
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	$ 2,241	$ 2,597

Revenue Recognition (Details Te

Revenue Recognition (Details Textual) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Revenue Recognition
Amortization of capitalized customer acquisition cost	$ 0.2
Minimum [Member]
Revenue Recognition
Capitalized customer acquisition costs, amortization period	18 months
Maximum [Member]
Revenue Recognition
Capitalized customer acquisition costs, amortization period	24 months
Other Current Assets [Member]
Revenue Recognition
Other asset current	$ 0.5
Other Assets [Member]
Revenue Recognition
Other assets	0.2
Selling and Marketing Expense [Member]
Revenue Recognition
Total capitalized customer acquisition costs	$ 0.2	$ 0.3

Discontinued Operations and D_3

Discontinued Operations and Divestiture (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Schedule of Equity Method Investments [Line Items]
Loss from discontinued operations, net of taxes		$ (1,110)
Discontinued Operations [Member]
Schedule of Equity Method Investments [Line Items]
Total revenues		27,851
Cost of revenues		22,976
Gross profit		4,875
Selling, general and administrative expenses		5,985
Net loss before taxes		(1,110)
Net loss before taxes
Loss from discontinued operations, net of taxes		$ (1,110)

Discontinued Operations and D_4

Discontinued Operations and Divestiture (Details 1) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Discontinued Operations and Divestiture [Abstract]
Loss from discontinued operations, net of taxes		$ 1,110
Non-cash items		1,649
Changes in assets and liabilities		(4,748)
Cash flows used in operating activities of discontinued operations		$ (4,209)

Discontinued Operations and D_5

Discontinued Operations and Divestiture (Details 2) $ in Thousands	May 11, 2021USD ($)
Discontinued Operations and Divestiture [Abstract]
Cash	$ 83
Trade accounts receivable	1,737
Prepaid and other current assets	391
Intangible (license)	540
Other noncurrent assets	296
Accounts payables	(611)
Accrued expenses and other current liabilities	(588)
Loan payable	(1,372)
Cumulative translation adjustment	(181)
Noncontrolling interest	114
Net assets	$ 409

Discontinued Operations and D_6

Discontinued Operations and Divestiture (Details Textual) ¥ in Millions, $ in Millions	Apr. 04, 2022USD ($)	May 11, 2021JPY (¥)	May 11, 2021USD ($)	Oct. 08, 2020USD ($)	Feb. 28, 2022USD ($)	Apr. 26, 2021JPY (¥)	Apr. 26, 2021USD ($)	Mar. 31, 2022USD ($)	Jun. 30, 2020USD ($)	Dec. 31, 2021USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Company contribution				$ 9.5					$ 1.5
Outstanding equity percentage				77.00%				23.00%
Company Investment Description				the Company entered into an agreement (the “Purchase Agreement”) with EGC under which GEUK</span> <span style="border-right: none; border-left: none;">purchased EGC’s remaining interest in Shoreditch, in exchange for a cash payment of £<span style="border-left: none; border-right: none;">1.3</span> million (equivalent to $<span style="border-left: none; border-right: none;">1.7</span> million on</span> <span style="border-right: none; border-left: none;">the date of closing) offset by £<span style="border-left: none; border-right: none;">0.2</span> million (equivalent to $<span style="border-left: none; border-right: none;">0.2</span> million on the date of closing) in amounts owing from EGC to the Company under a loan provided to EGC in <span style="border-left: none; border-right: none;">2018</span> related to EGC’s capital contributions to Shoreditch. Prior to <span style="border-left: none; border-right: none;">October 8, 2020</span>, the estimated fair value and net book value of the Company's investment in Shoreditch was $<span style="border-left: none; border-right: none;">5.5</span> million and <span style="border-left: none; border-right: none;">nil</span></span>, respectively." id="sjs-E5">&lt;span style="border-right: none; border-left: none;">the Company entered into an agreement (the “Purchase Agreement”) with EGC under which GEUK&lt;/span> &lt;span style="border-right: none; border-left: none;">purchased EGC’s remaining interest in Shoreditch, in exchange for a cash payment of £&lt;span style="border-left: none; border-right: none;">1.3&lt;/span> million (equivalent to $&lt;span style="border-left: none; border-right: none;">1.7&lt;/span> million on&lt;/span> &lt;span style="border-right: none; border-left: none;">the date of closing) offset by £&lt;span style="border-left: none; border-right: none;">0.2&lt;/span> million (equivalent to $&lt;span style="border-left: none; border-right: none;">0.2&lt;/span> million on the date of closing) in amounts owing from EGC to the Company under a loan provided to EGC in &lt;span style="border-left: none; border-right: none;">2018&lt;/span> related to EGC’s capital contributions to Shoreditch. Prior to &lt;span style="border-left: none; border-right: none;">October 8, 2020&lt;/span>, the estimated fair value and net book value of the Company's investment in Shoreditch was $&lt;span style="border-left: none; border-right: none;">5.5&lt;/span> million and &lt;span style="border-left: none; border-right: none;">nil&lt;/span>&lt;/span>, respectively.
Contract Termination Claims, Description								In the fourth quarter of 2021, Orbit transferred to GEIC a net amount of $49.7 million from the proceeds of the settlement of the contact with Shell which is included in cash and cash equivalents in the consolidated balance sheet as of December 31, 2021. In January 2022, the Company transferred $21.5 million to the Administrators of Orbit Energy to fund the settlement of the expected remaining liabilities of Orbit of $30.8 million, which were included in the current liabilities of discontinued operations in the consolidated balance sheet as of December 31, 2021.
Company deposite					$ 28.3			$ 28.3
Net realized values								8.9		$ 30.8
Company agreed interest						¥ 570	$ 5.3
Cash consideration		¥ 570	$ 5.2
Recognized pre-tax gain								4.2
Commission paid								$ 0.6
Amount transferred to court's registry	$ 28.3

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($) $ in Thousands		Mar. 31, 2022	Dec. 31, 2021
Assets:
Marketable equity securities		$ 657	$ 1,336
Recurring [Member]
Assets:
Marketable equity securities		657	1,336
Derivative contracts		15,972	14,449
Liabilities:
Derivative contracts		587	1,230
Level 1 [Member] | Recurring [Member]
Assets:
Marketable equity securities	[1]	657	1,336
Derivative contracts	[1]	15,972	14,405
Liabilities:
Derivative contracts	[1]	587	1,230
Level 2 [Member] | Recurring [Member]
Assets:
Marketable equity securities	[2]
Derivative contracts	[2]		44
Liabilities:
Derivative contracts	[2]
Level 3 [Member] | Recurring [Member]
Assets:
Marketable equity securities	[3]
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 2)	3 Months Ended	12 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Consolidated gross trade accounts receivable [Member] | Customer A [Member]
Concentration Risk [Line Items]
Concentration risk, percentage	12.00%

Fair Value Measurements (Deta_3

Fair Value Measurements (Details Textual) - Customer Concentration Risk [Member]	3 Months Ended		12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Customer [Member] | Accounts Receivable [Member]
Fair Value Measurements (Textual)
Concentration risk, percentage	10.00%		10.00%
Customer [Member] | Revenues [Member]
Fair Value Measurements (Textual)
Concentration risk, percentage	10.00%	10.00%
Customer A [Member] | Accounts Receivable [Member]
Fair Value Measurements (Textual)
Concentration risk, percentage	10.00%

Derivative Instruments (Details

Derivative Instruments (Details)	3 Months Ended
	Mar. 31, 2022
Electricity (in MWH) [Member] | Second quarter 2022
Derivative [Line Items]
Volume	123,938
Electricity (in MWH) [Member] | Third quarter 2022
Derivative [Line Items]
Volume	89,153
Electricity (in MWH) [Member] | Fourth quarter 2022
Derivative [Line Items]
Volume	75,250
Electricity (in MWH) [Member] | First quarter 2023
Derivative [Line Items]
Volume	51,592
Electricity (in MWH) [Member] | Second quarter 2023
Derivative [Line Items]
Volume	31,005
Electricity (in MWH) [Member] | Third quarter 2023
Derivative [Line Items]
Volume	33,170
Electricity (in MWH) [Member] | Fourth quarter 2023
Derivative [Line Items]
Volume	38,918
Electricity (in MWH) [Member] | First quarter 2024
Derivative [Line Items]
Volume	18,000
Electricity (in MWH) [Member] | Second quarter 2024
Derivative [Line Items]
Volume	10,849
Electricity (in MWH) [Member] | Third quarter of 2024
Derivative [Line Items]
Volume	10,666
Electricity (in MWH) [Member] | Fourth quarter of 2024
Derivative [Line Items]
Volume	10,667
Electricity (in MWH) [Member] | First quarter of 2025
Derivative [Line Items]
Volume	9,312
Electricity (in MWH) [Member] | Second quarter of 2025
Derivative [Line Items]
Volume
Electricity (in MWH) [Member] | Third quarter of 2025
Derivative [Line Items]
Volume	6,080
Electricity (in MWH) [Member] | Fourth quarter of 2025
Derivative [Line Items]
Volume
Gas (in Dth) [Member] | Second quarter 2022
Derivative [Line Items]
Volume	260,500
Gas (in Dth) [Member] | Third quarter 2022
Derivative [Line Items]
Volume	347,090
Gas (in Dth) [Member] | Fourth quarter 2022
Derivative [Line Items]
Volume	741,000
Gas (in Dth) [Member] | First quarter 2023
Derivative [Line Items]
Volume	814,740
Gas (in Dth) [Member] | Second quarter 2023
Derivative [Line Items]
Volume	97,900
Gas (in Dth) [Member] | Third quarter 2023
Derivative [Line Items]
Volume	73,700
Gas (in Dth) [Member] | Fourth quarter 2023
Derivative [Line Items]
Volume	75,900
Gas (in Dth) [Member] | First quarter 2024
Derivative [Line Items]
Volume	70,600
Gas (in Dth) [Member] | Second quarter 2024
Derivative [Line Items]
Volume	43,500
Gas (in Dth) [Member] | Third quarter of 2024
Derivative [Line Items]
Volume	26,200
Gas (in Dth) [Member] | Fourth quarter of 2024
Derivative [Line Items]
Volume	17,700
Gas (in Dth) [Member] | First quarter of 2025
Derivative [Line Items]
Volume	231,900
Gas (in Dth) [Member] | Second quarter of 2025
Derivative [Line Items]
Volume	227,600
Gas (in Dth) [Member] | Third quarter of 2025
Derivative [Line Items]
Volume	230,000
Gas (in Dth) [Member] | Fourth quarter of 2025
Derivative [Line Items]
Volume	230,000

Derivative Instruments (Detai_2

Derivative Instruments (Details 1) - Energy contracts and options [Member] - USD ($) $ in Thousands		Mar. 31, 2022	Dec. 31, 2021
Schedule of fair value of outstanding derivative instruments recorded as assets and liability
Asset Derivatives not designated or not qualifying as hedging instruments		$ 15,972	$ 14,449
Liability Derivatives not designated or not qualifying as hedging instruments		587	1,230
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]	13,760	13,750
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		2,212	699
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	[1]	298	697
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		$ 289	$ 533
[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
	Mar. 31, 2022	Mar. 31, 2021
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	$ 37,728	$ 2,887

Other Current Assets (Details)

Other Current Assets (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Other Current Assets [Abstract]
Fair value of derivative contracts	$ 13,760	$ 13,750
Receivables from the settlement of derivative contracts	1,290	4,655
Other current assets	2,343	3,384
Total other current assets	$ 17,393	$ 21,789

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2022USD ($)
Goodwill [Roll Forward]
Beginning balance	$ 11,755
Cumulative translation adjustment	(46)
Ending balance	11,709
GRE [Member]
Goodwill [Roll Forward]
Beginning balance	9,998
Cumulative translation adjustment
Ending balance	9,998
GRE International Corporation [Member]
Goodwill [Roll Forward]
Beginning balance	1,757
Cumulative translation adjustment	(46)
Ending balance	1,711
Genie Renewables [Member]
Goodwill [Roll Forward]
Beginning balance
Cumulative translation adjustment
Ending balance

Goodwill and Other Intangible_4

Goodwill and Other Intangible Assets (Details 1) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 5,375	$ 5,384
Accumulated Amortization	(1,846)	(1,736)
Net Balance	$ 3,529	$ 3,648
Patents and trademarks [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted Average Amortization Period	17 years 1 month 6 days	17 years 1 month 6 days
Gross Carrying Amount	$ 3,796	$ 3,805
Accumulated Amortization	(1,171)	(1,103)
Net Balance	$ 2,625	$ 2,702
Customer relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted Average Amortization Period	9 years	9 years
Gross Carrying Amount	$ 1,100	$ 1,100
Accumulated Amortization	(560)	(530)
Net Balance	$ 540	$ 570
Licenses [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted Average Amortization Period	10 years	10 years
Gross Carrying Amount	$ 479	$ 479
Accumulated Amortization	(115)	(103)
Net Balance	$ 364	$ 376

Goodwill and Other Intangible_5

Goodwill and Other Intangible Assets (Details Textual) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Goodwill And Other Intangible Assets (Textual)
Amortization expense of intangible assets	$ 0.2	$ 0.1
Amortization expense of finite lives intangible assets, remainder of 2022	0.3
Amortization expense of finite lives intangible assets, 2023	0.4
Amortization expense of finite lives intangible assets, 2024	0.4
Amortization expense of finite lives intangible assets, 2025	0.4
Amortization expense of finite lives intangible assets, 2026	0.3
Amortization expense of finite lives intangible assets, 2027	$ 1.7

Accrued Expenses (Details)

Accrued Expenses (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Accrued Expenses [Abstract]
Renewable energy	$ 26,855	$ 23,247
Liability to customers related to promotions and retention incentives	9,034	9,071
Payroll and employee benefit	2,806	3,297
Other accrued expenses	3,577	3,908
Total accrued expenses	$ 42,272	$ 39,523

Leases (Details)

Leases (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Leases [Abstract]
ROU Assets	$ 1,585	$ 1,656
Current portion of operating lease liabilities	217	229
Noncurrent portion of operating lease liabilities	1,441	1,495
Total	$ 1,658	$ 1,724

Leases (Details 1)

Leases (Details 1) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating activities	$ 143	$ 183
ROU assets obtained in the exchange for lease liabilities
Operating leases

Leases (Details 2)

Leases (Details 2) $ in Thousands	Mar. 31, 2022USD ($)
Leases [Abstract]
Remainder of 2022	$ 240
2023	316
2024	282
2025	233
2026	239
Thereafter	833
Total future lease payments	2,143
Less imputed interest	(485)
Total operating lease liabilities	$ 1,658

Leases (Details Textual)

Leases (Details Textual) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Leases [Abstract]
Weighted average remaining lease term	7 years 3 months 18 days
Weighted average discount rate	6.40%
Operating leases, rent expense	$ 0.1	$ 0.2

Equity (Details)

Equity (Details) - USD ($) $ / shares in Units, $ in Thousands	May 03, 2022	Mar. 31, 2022
Series 2012-A Preferred Stock (Preferred Stock) [Member] | January 14, 2022 [Member]
Class of Stock [Line Items]
Declaration Date		Jan. 14, 2022
Dividend Per Share		$ 0.1594
Aggregate Dividend Amount		$ 370
Series 2012-A Preferred Stock (Preferred Stock) [Member] | February 7, 2022 [Member]
Class of Stock [Line Items]
Record Date		Feb. 7, 2022
Series 2012-A Preferred Stock (Preferred Stock) [Member] | February 15, 2022 [Member]
Class of Stock [Line Items]
Payment Date		Feb. 15, 2022
Class A Common Stock and Class B Common Stock [Member]
Class of Stock [Line Items]
Record Date	May 20, 2022
Payment Date	May 31, 2022
Class A Common Stock and Class B Common Stock [Member] | February 7, 2022 [Member]
Class of Stock [Line Items]
Declaration Date		Feb. 7, 2022
Class A Common Stock and Class B Common Stock [Member] | February 9, 2022 [Member]
Class of Stock [Line Items]
Dividend Per Share		$ 0.075
Aggregate Dividend Amount		$ 1,934
Class A Common Stock and Class B Common Stock [Member] | February 22, 2022 [Member]
Class of Stock [Line Items]
Record Date		Feb. 22, 2022
Class A Common Stock and Class B Common Stock [Member] | March 1, 2022 [Member]
Class of Stock [Line Items]
Payment Date		Mar. 1, 2022

Equity (Details Textual)

Equity (Details Textual) - USD ($)

May 03, 2022

Apr. 14, 2022

May 11, 2021

Mar. 21, 2020

Jun. 12, 2018

Jun. 08, 2018

Nov. 30, 2021

Oct. 31, 2021

Sep. 30, 2021

Jun. 08, 2018

Mar. 31, 2022

Mar. 31, 2021

Dec. 31, 2021

Dec. 31, 2020

Feb. 09, 2022

Mar. 08, 2021

Feb. 28, 2021

Oct. 08, 2020

Mar. 11, 2013

Equity (Textual)

Remaining number of shares available for repurchase

5,300,000

Dividends on preferred stock

$ 370,000

$ 370,000

Dividends declared per common share

$ 0.075

Percentage of ownership

23.00%

77.00%

Percentage ownership after all transactions

98.80%

100.00%

93.50%

Unrecognized compensation cost

$ 5,900

Weighted-average period

2 years 3 days

Treasury stock outstanding

2,000,000

Treasury stock cost

$ 14,100,000

$ 14,100,000

Weighted average cost per share

$ 7.01

$ 7.01

Dividends on common stock

0.075

Cash dividend paid

$ 0.075

Preferred stock dividend redeemable

$ 4,000,000

Board of Directors Chairman [Member]

Equity (Textual)

Preferred stock, liquidation preference per share

$ 8.5

Preferred Stock, Liquidation Preference, Value

$ 1,000,000

Dividend Paid [Member]

Equity (Textual)

Preferred stock dividend rate

$ 0.0848

Dividends on preferred stock

$ 200,000

Stock-Based Compensation [Member] | Board of Directors [Member]

Equity (Textual)

Deferred stock units granted

290,000

Preferred Stock [Member]

Equity (Textual)

Preferred stock, dividends per share

$ 0.1594

Dividends on preferred stock

Paid date of declared dividend

May 16, 2022

Record date of declared dividend

May 16, 2022

Stock option and incentive plan to reserve

Stockholders grant of options purchase

Class A common stock [Member] | Common Stock

Equity (Textual)

Dividends on preferred stock

Stock option and incentive plan to reserve

Stockholders grant of options purchase

Class B common stock [Member]

Equity (Textual)

Number of stock authorized to be repurchased

7,000,000

Expiration date of the option

Jun. 30, 2023

Number of common stock shares issued

36,591

218,862

Warrants to purchase shares

1,257,862

Warrants exercise price per share

$ 4.77

Percenatge of vested interest

20.00%

430.00%

Class B common stock [Member] | Stock-Based Compensation [Member] | 2021 Plan | Share-based Payment Arrangement, Employee

Equity (Textual)

Maximum number of shares reserved for the grant of awards

1

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

$ 5,000,000

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

Equity (Textual)

Amount of aggregate sales price

$ 1,000,000

Warrants to purchase shares

209,644

Warrants exercise price per share

$ 4.77

Amount of warrants aggregate exercise price

$ 1,000,000

Class B common stock [Member] | Common Stock

Equity (Textual)

Dividends on preferred stock

Stock option and incentive plan to reserve

20,000

Stockholders grant of options purchase

9,000

121,000

Class A Common Stock and Class B Common Stock [Member]

Equity (Textual)

Paid date of declared dividend

May 31, 2022

Record date of declared dividend

May 20, 2022

Dividends on common stock

$ 0.075

Variable Interest Entity (Detai

Variable Interest Entity (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Variable Interest Entity [Abstract]
Net loss	$ 986	$ 322
Aggregate funding provided by the Company, net	$ 1,458	$ 403

Variable Interest Entity (Det_2

Variable Interest Entity (Details 1) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Variable Interest Entity Classifications Of Carrying Amount Assets And Liabilities Net [Abstract]
Total assets	$ 220,185	$ 229,465
CCE [Member]
Variable Interest Entity Classifications Of Carrying Amount Assets And Liabilities Net [Abstract]
Total assets	2,296	1,829
Total liabilities and noncontrolling interests	2,296	1,829
CCE [Member] | Cash, cash equivalents and restricted cash [Member]
Variable Interest Entity Classifications Of Carrying Amount Assets And Liabilities Net [Abstract]
Total assets	918	559
CCE [Member] | Trade accounts receivable [Member]
Variable Interest Entity Classifications Of Carrying Amount Assets And Liabilities Net [Abstract]
Total assets	661	544
CCE [Member] | Prepaid expenses and other current assets [Member]
Variable Interest Entity Classifications Of Carrying Amount Assets And Liabilities Net [Abstract]
Total assets	358	367
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	543	547
CCE [Member] | Due to IDT Energy [Member]
Variable Interest Entity Classifications Of Carrying Amount Assets And Liabilities Net [Abstract]
Total liabilities and noncontrolling interests	7,126	5,668
CCE [Member] | Noncontrolling interests [Member]
Variable Interest Entity Classifications Of Carrying Amount Assets And Liabilities Net [Abstract]
Total liabilities and noncontrolling interests	$ (5,373)	$ (4,386)

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
	Mar. 31, 2022	Mar. 31, 2021
Income Taxes [Abstract]
Reported tax rate	28.00%	(51.00%)

Earnings (Loss) Per Share (Deta

Earnings (Loss) Per Share (Details) - shares shares in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Earnings (Loss) Per Share [Abstract]
Basic weighted-average number of shares	25,764	26,004
Effect of dilutive securities:
Stock options and warrants	308
Non-vested restricted Class B common stock	56
Diluted weighted-average number of shares	26,128	26,004

Earnings (Loss) Per Share (De_2

Earnings (Loss) Per Share (Details 1) - shares	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Stock options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Stock options	126	579
Non-vested restricted Class B common stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Stock options		71
Non-vested Deferred Stock Units [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Stock options	580	610

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
IDT [Member]
Summary of related party transactions
Amount charged the Company	$ 406	$ 250
Amount the Company charged IDT	37	39
Rafael [Member]
Summary of related party transactions
Amount charged the Company	$ 58	$ 57

Related Party Transactions (D_2

Related Party Transactions (Details 1) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
IDT [Member]
Related Party Transaction [Line Items]
Due to related parties	$ 168	$ 239
Due from related parties	27	51
Rafael [Member]
Related Party Transaction [Line Items]
Due to related parties

Related Party Transactions (D_3

Related Party Transactions (Details Textual) $ / shares in Units, $ in Thousands, ₪ in Millions

Dec. 07, 2020USD ($)$ / sharesshares

Oct. 31, 2021shares

Sep. 30, 2021shares

Aug. 31, 2018USD ($)

Mar. 31, 2022USD ($)

Mar. 31, 2021USD ($)

Dec. 31, 2021USD ($)

Mar. 31, 2022ILS (₪)shares

Mar. 31, 2022USD ($)$ / sharesshares

Feb. 21, 2022ILS (₪)

May 31, 2021USD ($)

Oct. 08, 2020

Mar. 01, 2020

Aug. 31, 2019ILS (₪)

Aug. 31, 2019USD ($)

Aug. 12, 2019ILS (₪)

Aug. 12, 2019USD ($)

Sep. 30, 2018

Related Party Transactions (Textual)

Unrealized gain on investment

$ (652)

$ 4,107

Outstanding balance

$ 100

New note payment terms, description

December 31, 2020 to December 2052.

Accrued interest

100

Percentage of ownership

23.00%

23.00%

77.00%

Equity in the net loss

125

110

Balance of loan receivable

125

110

Class B common stock [Member]

Related Party Transactions (Textual)

Number of common stock shares issued | shares

36,591

218,862

Warrants to purchase shares | shares

1,257,862

1,257,862

Warrants exercise price per share | $ / shares

$ 4.77

Rafael [Member]

Related Party Transactions (Textual)

Unrealized gain on investment

700

4,100

Outstanding payable

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

Related Party Transactions (Textual)

Fair value of common stock

$ 5,000

Number of common stock shares issued | shares

218,245

Warrants to purchase shares | shares

43,649

Warrants exercise price per share | $ / shares

$ 22.91

Warrants expiry date

Jun. 6, 2022

Amount of warrants aggregate exercise price

1,000

Carrying value of investments in the common stock

700

IGM Brokerage Corp. [Member]

Related Party Transactions (Textual)

Payment of insurance premium

$ 300

Outstanding payable

0

Atid 613 [Member]

Related Party Transactions (Textual)

Outstanding balance

$ 200

Percentage of ownership

37.50%

Equity in the net loss

Carrying value of investment in equity method investees

$ 100

100

Maximum principal amount on working capital financing

400

Outstanding balance of Credit Facility

Agreed to loan amount

1,500

$ 5,100

Commitment to loan amount

$ 500

₪ 1.9

Additional loan amount

₪ 0.8

$ 200

Annual interest rate

5.50%

5.50%

0.00%

Balance of loan receivable

Ohayon Loan [Member]

Related Party Transactions (Textual)

Outstanding balance

₪ 4.5

$ 1,400

Annual interest rate

3.23%

3.23%

Debt Instrument, Face Amount

$ 1,700

₪ 5.5

Maturity date

Dec. 31, 2023

Business Segment Information (D

Business Segment Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Operating results for the business segments
Revenues	$ 98,529	$ 107,490
Income (loss) from operations	24,433	(5,465)
Depreciation and amortization	284	380
Stock-based compensation	840	589
Provision for (benefit from) income taxes	6,514	535
GRE [Member]
Operating results for the business segments
Revenues	83,884	90,667
Income (loss) from operations	30,176	1,204
Depreciation and amortization	85	118
Stock-based compensation	246	162
Provision for (benefit from) income taxes	7,833	1,186
GRE International [Member]
Operating results for the business segments
Revenues	12,603	14,335
Income (loss) from operations	(2,808)	(5,551)
Depreciation and amortization	188	250
Stock-based compensation	36	32
Provision for (benefit from) income taxes	(821)	(837)
Genie Renewables [Member]
Operating results for the business segments
Revenues	2,042	2,488
Income (loss) from operations	(479)	559
Depreciation and amortization	11	12
Stock-based compensation
Provision for (benefit from) income taxes		128
Corporate [Member]
Operating results for the business segments
Revenues
Income (loss) from operations	(2,456)	(1,677)
Depreciation and amortization
Stock-based compensation	558	395
Provision for (benefit from) income taxes	$ (498)	$ 58

Business Segment Information _2

Business Segment Information (Details 1) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	$ 220,185	$ 229,465
GRE [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	149,263	174,442
GRE International [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	22,953	34,674
Genie Renewables [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	5,005	3,946
Corporate [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	$ 42,964	$ 16,403

Business Segment Information _3

Business Segment Information (Details Textual)	3 Months Ended
	Mar. 31, 2022Segment
Business Segment Information (Textual)
Number of reportable segments	3

Commitments and Contingencies_2

Commitments and Contingencies (Details) $ in Thousands	Mar. 31, 2022USD ($)
Commitments and Contingencies [Abstract]
Remainder of 2022	$ 62,296
2023	52,707
2024	16,530
2025	1,006
2026
Thereafter
Total payments	$ 132,539

Commitments and Contingencies_3

Commitments and Contingencies (Details Textual) - USD ($) $ in Thousands	Apr. 04, 2022	Jul. 31, 2021	Jun. 30, 2021	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021	Mar. 12, 2021
Commitments and Contingencies (Textual)
Litigation Settlement, Expense	$ 28,300
Future purchase commitments				$ 132,539
Aggregate performance bond outstanding				15,500
Electricity [Member]
Commitments and Contingencies (Textual)
Future purchase commitments				94,900
Purchase of Electricity expenses				20,100	$ 79,200
Renewable energy credits [Member]
Commitments and Contingencies (Textual)
Future purchase commitments				37,700
Purchase of renewable energy credit				4,100	3,000
BP [Member]
Commitments and Contingencies (Textual)
Trade accounts payable				10,800
Trade Accounts Receivable [Member]
Commitments and Contingencies (Textual)
Assets pledged as collateral to BP Energy				47,900
Restricted Cash [Member]
Commitments and Contingencies (Textual)
Assets pledged as collateral to BP Energy				1,300
State of Connecticut Public Utilities Regulatory Authority [Member] | Town Square [Member] | Settlement Agreement [Member]
Commitments and Contingencies (Textual)
Gross revenue				3,700	9,400
Accrued payables for customer complaints		$ 400
Loss Contingency, Penalty period for marketing activities		15 months
State of Connecticut Public Utilities Regulatory Authority [Member] | Residents Energy [Member] | Settlement Agreement [Member]
Commitments and Contingencies (Textual)
Gross revenue						$ 200
Accrued payables for customer complaints			$ 300
Loss Contingency, Penalty period for marketing activities			36 months
Settlement payment amount							$ 1,500
Office of the Attorney General of the State of Illinois [Member] | Residents Energy [Member] | Settlement Agreement [Member]
Commitments and Contingencies (Textual)
Gross revenue				8,300	8,000
Settlement payment amount				0
State of Maine Public Utility Commission [Member] | Town Square [Member] | Settlement Agreement [Member]
Commitments and Contingencies (Textual)
Gross revenue				$ 400	$ 500

Debt (Details)

Debt (Details)	May 13, 2020	Dec. 13, 2018
JPMorgan Chase Bank [Member]
Line of Credit Facility [Line Items]
Credit facility, description		the Company entered into a Credit Agreement with JPMorgan Chase Bank (“Credit Agreement”). On December 23, 2021, the Company entered into the third amendment of its existing Credit Agreement to extend the maturity date to December 31, 2022. 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, March 31, 2022, there are no letters of credit issued by JP Morgan Chase Bank. At March 31, 2022, 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]
Line of Credit Facility [Line Items]
Credit facility, description	Genie Japan entered into a Loan Agreement with Tokyo Star Bank for a ¥150.0 million (equivalent to $1.4 million) short-term credit facility ("May 2020 Loan") with maturity date of November 13, 2020. On November 13, 2020, Genie Japan and Tokyo Star Bank amended the May 2020 Loan to extend the maturity date to May 13, 2021. 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 incurred interest at 3.0% per annum and was payable monthly.