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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
CURRENT ASSETS:    
Cash and cash equivalents $ 20,268 $ 16,024
Restricted cash 292
Trade receivables (net of allowance for doubtful accounts of $ 161 and $ 154 at December 31, 2017 and 2016, respectively) 332 220
Other accounts receivable and prepaid expenses 506 528
Total current assets 21,398 16,772
LONG-TERM INVESTMENTS:    
Long-term deposits 3,483 2,785
Investments in companies and associates 17,556 22,892
Total long-term investments 21,039 25,677
PROPERTY AND OTHER ASSETS, NET    
Real estate property, net 216,726 207,690
Other assets, net 140 245
Total property, equipment and other assets 216,866 207,935
Total assets 259,303 250,384
CURRENT LIABILITIES:    
Current maturities of long-term loans and bonds 6,048 10,360
Other accounts payable and accrued expenses 4,362 4,254
Total liabilities attributed to discontinued operations 2,061 2,061
Total current liabilities 12,471 16,675
LONG-TERM LIABILITIES:    
Deferred tax liabilities 14,042 13,620
Land lease liability, net 6,295 6,133
Other Long-Term Liabilities 294 407
Loan from controlling shareholder 4,886
Long-term loans, net of current maturities 135,774 129,261
Long-term bonds, net of current maturities 8,473 10,160
Total long-term liabilities 169,764 159,581
SHAREHOLDERS' EQUITY:    
Share capital - Ordinary shares of NIS 0.65 par value - Authorized: 6,000,000 shares at December 31, 2017 and 2016; Issued: 5,214,256 at December 31, 2017 and 2016; Outstanding: 5,180,361 and 5,172,361 shares at December 31, 2017 and 2016, respectively 993 993
Additional paid-in capital 138,170 138,155
Treasury shares: 33,895 and 41,895 shares at December 31, 2017 and 2016, respectively (87) (87)
Other reserves 9 (3,002)
Accumulated deficit (82,048) (80,925)
Total shareholders' equity of Optibase Ltd. 57,037 55,134
Non-controlling interests 20,031 18,994
Total shareholders' equity 77,068 74,128
Total liabilities and shareholders' equity $ 259,303 $ 250,384