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OTHER ASSETS, NET
12 Months Ended
Dec. 31, 2012
OTHER ASSETS, NET [Abstract]  
OTHER ASSETS, NET
NOTE 4:-
OTHER ASSETS, NET

   
Above market value of in-place leases *)
   
Currency translation adjustment
   
Total
 
Cost:
                 
                   
At January 1, 2011
  $ 659     $ 59     $ 718  
Additions
    1,125       (11 )     1,114  
                         
At December 31, 2011
    1,784       48       1,832  
Additions
    -       50       50  
                         
At December 31, 2012
    1,784       98       1,882  
                         
Accumulated depreciation:
                       
                         
At January 1, 2011
    154       12       166  
Depreciation charge for the year
    162       (8 )     154  
                         
At December 31, 2011
    316       4       320  
Depreciation charge for the year
    158       12       170  
                         
At December 31, 2012
    474       16       490  
                         
Other assets, net:
                       
                         
At December 31, 2012
  $ 1,310     $ 82     $ 1,392  
                         
At December 31, 2011
  $ 1,468     $ 44     $ 1,512  

Intangible assets consist of lease contracts with tenants deriving from the acquisition of a commercial building located in Switzerland in 2009 in the amount of $ 410 and from the acquisition of a building complex in Geneva in 2011 in the amount of $ 1,102 (see details in Note 1(b)2.

 
*)
Amortization expenses amounted to $ 132, $ 162 and $ 158 for the years ended December 31, 2010, 2011 and 2012, respectively.

Estimated amortization expenses by years are as follows:

Year
 
Estimated amortization expenses
 
       
2013
  $ 282  
2014
    439  
2015
    235  
2016
    224  
2017 and thereafter
    212  
    $ 1,392