EQUITY (Tables)

12 Months Ended

Dec. 31, 2016

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, 2016 and changes during the year ended December 31, 2016 are as follows:

					Weighted-
					average
			Weighted-		remaining		Aggregate
			average		contractual		intrinsic
	Number of		exercise		term		value (in
	options		price		(in years)		thousands)
Outstanding at  January 1, 2016		416,784	$	4.02
Granted		250,000	$	5.94
Exercised		(99,400)	$	1.09
Forfeited		(11,250)	$	0.77
Outstanding at December 31, 2016		556,134	$	3.99		4.4	$	1,562
Exercisable at December 31, 2016		240,634	$	1.54		2.12	$	1,265
Vested and expected to vest at December 31, 2016		549,984	$	3.97		4.45	$	1,532

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, 2016, according to exercise prices:

		Options outstanding					Options exercisable
		Number		Weighted			Number		Weighted
		outstanding at		average			exercisable at		average
exercise		December 31,		remaining	exercise		December 31,		exercise
price		2016		contractual life	price		2016		price
				Years
$	3.38		214,734	1.67	$	3.38		206,234	$	3.38
$	0.75		14,400	4.28	$	0.75		15,150	$	0.75
$	8.53		77,000	5.16	$	8.53		19,250	$	8.53
$	5.94		250,000	6.52	$	5.94		-	$	-
			556,134		$	5.15		240,634	$	3.61