MARKETABLE SECURITIES AND ACCRUED INTEREST

12 Months Ended

Dec. 31, 2012

Marketable Securities and Accrued Interest [Abstract]

Marketable Securities and Accrued Interest Disclosure [Text Block]

NOTE 3:- MARKETABLE SECURITIES AND ACCRUED INTEREST

The following is a summary of held to maturity marketable securities:

	December 31, 2011
			Gross		Gross
	Amortized		Unrealized		Unrealized			Fair
	cost		gains		losses			Value
Corporate debentures - Maturing between one to three  Years	$	23,823	$	46	$	(736	)	$	23,133
Accrued interest		345		-		-			345
	$	24,168	$	46	$	(736	)	$	23,478

	December 31, 2012
	Amortized		Unrealized		Fair
	cost		gains		Value
Corporate debentures:
Maturing within one year	$	7,625	$	62	$	7,687
Maturing between one to two years		15,762		299		16,061
Accrued interest		341		-		341
	$	23,728	$	361	$	24,089

These investments were issued by highly rated corporations. Accordingly, it was expected that the securities would not be settled at a price less than the amortized cost of the Company's investment. As of December 31, 2011 and 2012, the Group did not have any investment in marketable securities that was in an unrealized loss position for a period of twelve months or greater. Since the Company had the ability and intent to hold these investments until an anticipated recovery of fair value, which may be until maturity, the Company did not consider these investments to be other-than-temporarily impaired as of December 31, 2011 and 2012. Unrealized gains (losses) are valued using alternative pricing sources and models utilizing observable market inputs.