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MARKETABLE SECURITIES AND ACCRUED INTEREST
6 Months Ended
Jun. 30, 2015
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 available for sale marketable securities:
  
 
 
June 30, 2015
 
 
 
Amortized
 
Unrealized
 
Unrealized
 
Fair
 
 
 
cost
 
gains
 
losses
 
Value
 
 
 
Unaudited
 
Corporate debentures:
 
 
 
 
 
 
 
 
 
 
 
 
 
Maturing within one year
 
$
3,584
 
$
14
 
$
(12)
 
$
3,586
 
Maturing between one to five years
 
 
52,225
 
 
49
 
 
(167)
 
 
52,107
 
Accrued interest
 
 
514
 
 
-
 
 
-
 
 
514
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
$
56,323
 
$
63
 
$
(179)
 
$
56,207
 
 
 
 
December 31, 2014
 
 
 
Amortized
 
Unrealized
 
Unrealized
 
Fair
 
 
 
cost
 
gains
 
losses
 
Value
 
 
 
Audited
 
Corporate debentures:
 
 
 
 
 
 
 
 
 
 
 
 
 
Maturing between one to five years
 
$
59,072
 
$
12
 
$
(400)
 
$
58,684
 
Accrued interest
 
 
543
 
 
-
 
 
-
 
 
543
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
$
59,615
 
$
12
 
$
(400)
 
$
59,227
 
 
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 June 30, 2015 and December 31, 2014, 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 June 30, 2015. Unrealized gains (losses) are valued using alternative pricing sources and models utilizing market observable inputs.