MARKETABLE SECURITIES AND ACCRUED INTEREST

9 Months Ended

Sep. 30, 2013

Marketable Securities and Accrued Interest [Abstract]

Marketable Securities and Accrued Interest Disclosure [Text Block]

NOTE 4:- MARKETABLE SECURITIES AND ACCRUED INTEREST

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

	December 31, 2012 (Audited)
	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

	September 30, 2013 (Unaudited)
	Amortized		Unrealized		Fair
	cost		gains		Value
Corporate debentures:
Maturing within one year	$	19,119	$	127	$	19,246
Accrued interest		226		-		226
	$	19,345	$	127	$	19,472

These investments were issued by highly rated corporations. Accordingly, it is expected that the securities would not be settled at a price less than the amortized cost of the Company's investment. As of September 30, 2013 and December 31, 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. Unrealized gains are valued using alternative pricing sources and models utilizing observable market inputs.