EQUITY (Tables)

12 Months Ended

Dec. 31, 2015

Stockholders' Equity Note [Abstract]

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

A summary of employee option activity under the Company's Stock Option Plans and RSU's as of December 31, 2015 and changes during the year ended December 31, 2015 are as follows:  

	Number of options		Weighted- average  exercise price		Weighted-  average  remaining  contractual  term (in years)		Aggregate  intrinsic  value (in  thousands)
Outstanding at January 1, 2015		348,034		3.05
Granted		77,000		8.35
Exercised		(4,000)		3.05
Forfeited		(4,250)		5.05
Outstanding at December 31, 2015		416,784	$	4.02		3.6	$	1,086
Exercisable at December 31, 2015		291,934	$	3.28		2.78	$	812
Vested and expected to vest at December 31, 2015		414,287	$	4.04		3.62	$	1,065

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]

The following table summarizes information relating to employees' stock options and RSU's outstanding as of December 31, 2015, according to exercise prices:

		Options outstanding						Options exercisable
exercise price		Number outstanding at December 31, 2015		Weighted average remaining contractual life		exercise price		Number exercisable at December 31, 2015		Weighted average exercise price
				Years
$	3.38		294,984		2.67	$	3.38		280,484	$	3.38
$	0.75		44,800		5.27	$	0.75		11,450	$	0.75
$	8.35		77,000		6.16	$	8.35		-		-
			416,784			$	4.02		291,934	$	3.28