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Debentures (Tables)
12 Months Ended
Dec. 31, 2022
Debentures [Abstract]  
Schedule of Debentures Debentures are comprised of the following as of the below dates:
   Effective
Interest
rate
   Currency  Par value
in
issuance
currency
  Par
Value
   Unamortized
debt
premium
(discount)
and
issuance
costs, net
   Current
maturities
   Total
long-term
debentures,
net of
current
maturities
   Short-term
accrued
interest
   Total
short-term
and
long-term
debentures
 
   %         December 31, 2022 
Formula’s Series A Secured Debentures (2.8%)   2.4   NIS (Unlinked)  NIS 68,422  $19,444    85    9,722    9,807    -    19,529 
                                          
Formula’s Series C Secured Debentures (2.3%)   2.7   NIS (Unlinked)  NIS 493,244  $140,166    (1,477)   23,012    115,677    265    138,954 
                                          
Sapiens’ Series B Debentures (3.37%)   3.3   NIS (Linked to fix rate of USD)  NIS 280,000  $79,186    (114)   19,796    59,276    1,337    80,409 
                                          
Matrix IT’ Series B Debentures (4.1%)   4.5   NIS (Unlinked)  NIS 475,615  $135,156    (1,343)   9,650    124,163    1,220    135,033 
                                          
              $373,952    (2,849)   62,180    308,923    2,822   $373,925 
   Effective
Interest
rate
   Currency  Par value
in
issuance
currency
  Par
Value
   Unamortized
debt
premium
(discount)
and
issuance
costs, net
   Current
maturities
   Total
long-term
debentures,
net of
current
maturities
   Short-term
accrued
interest
   Total
short-term
and
long-term
debentures
 
   %         December 31, 2021 
Formula’s Series A
Secured Debentures (2.8%)
   2.4   NIS (Unlinked)  NIS 102,633  $33,000    217    11,000    22,217    457    33,674 
                                          
Formula’s Series C
Secured Debentures (2.3%)
   2.2   NIS (Unlinked)  NIS 374,225  $120,330    472    16,970    103,832    227    121,029 
                                          
Sapiens’ Series B Debentures (3.37%)   3.3   NIS (Linked to fix rate of USD)  NIS 350,000  $98,980    (198)   19,796    78,986    5    98,787 
                                          
              $252,310    491    47,766    205,035    689   $253,490 

Schedule of Aggregate Principal Annual Payments of Debentures Scheduled aggregate principal annual payments of the debentures:
    Repayment
amount
 
2023     62,180  
2024     71,830  
2025     86,168  
2026     86,168  
2027     67,606  
    373,952