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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 28,820 $ 12,564
Restricted cash 835 32
Trade receivables (net of allowance for credit losses of $ 178 and $ 285 at December 31, 2020 and 2019, respectively) 216 536
Other accounts receivable and prepaid expenses 569 628
Bonds related deposits 2,564
Property held for sale 29,727
Total current assets 33,004 43,487
LONG-TERM INVESTMENTS:    
Long-term deposits 98 2,678
Right-of-use assets 272 376
Investments in companies and associates 9,269 11,657
Total long-term investments 9,639 14,711
Real estate property, net 192,054 181,109
Total assets 234,697 239,307
CURRENT LIABILITIES:    
Current maturities of long-term loans and bonds 6,447 28,803
Other accounts payable and accrued expenses 4,144 5,028
Operating lease liabilities 166 142
Total liabilities attributed to discontinued operations 2,061 2,061
Total current liabilities 12,818 36,034
COMMITMENTS AND CONTINGENT LIABILITIES
LONG-TERM LIABILITIES:    
Deferred tax liabilities 15,095 13,801
Land lease liability, net 7,054 6,110
Operating lease liabilities 146 257
Long-term loans, net of current maturities 112,923 108,406
Long-term bonds, net of current maturities 2,845
Total long-term liabilities 135,218 131,419
SHAREHOLDERS' EQUITY:    
Share capital - Ordinary shares of NIS 0.65 par value - Authorized: 6,000,000 shares at December 31, 2020 and 2019; Issued: 5,216,256 shares at December 31, 2020 and 2019; Outstanding: 5,198,361 shares at December 31, 2020 and 2019 994 994
Additional paid-in capital 138,187 138,187
Treasury shares: 17,895 shares at December 31, 2020 and 2019 (87) (87)
Other reserves 2,759 (428)
Accumulated deficit (80,389) (86,822)
Total shareholders' equity of Optibase Ltd. 61,464 51,844
Non-controlling interests 25,197 20,010
Total shareholders' equity 86,661 71,854
Total liabilities and shareholders' equity $ 234,697 $ 239,307