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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities:      
Net income (loss) $ 9,416 $ 127 $ (704)
Adjustments required to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation, amortization and impairment 3,946 4,321 4,317
Gain on sale of operating properties (9,127)
Stock-based compensation related to options and unvested shares 17
Decrease (increase) in trade receivables 353 (105) (109)
Equity share in losses of associates, net 2,079 2,321 2,765
Decrease in deferred tax liabilities (22) (140) (173)
Increase (decrease) in land lease liabilities 319 (106) (108)
Increase (decrease) in lease liabilities (43) 257
Decrease (increase) in right-of-use assets 104 (376)
Decrease (increase) in other accounts receivable and prepaid expenses 79 (665) 965
Increase (decrease) in accrued expenses, other accounts payable and other liabilities (1,986) 1,763 (103)
Net cash provided by operating activities 5,118 7,397 6,867
Cash flows from investing activities:      
Investment in real estate property (989) (1,109) (2,764)
Proceeds from associates, net 309 398 414
Decrease (increase) in other long-term deposits (9) 116 105
Proceeds from sale of real estate property 41,483
Net cash provided by (used in) investing activities 40,794 (595) (2,245)
Cash flows from financing activities:      
Repayment of long-term bank loans and bonds (28,221) (5,958) (6,558)
Dividend paid to non-controlling interests (2,227) (2,067)
Repayment of controlling shareholders' loan (2,618) (2,500)
Net cash used in financing activities (30,839) (8,185) (11,125)
Exchange differences on balances of cash and cash equivalents 1,986 112 (190)
Increase (decrease) in cash and cash equivalents and restricted cash 17,059 (1,271) (6,693)
Cash and cash equivalents and restricted cash at the beginning of the year 12,596 13,867 20,560
Cash and cash equivalents and restricted cash at the end of the year 29,655 12,596 13,867
(a) Supplemental disclosures of cash flows information:      
Cash and cash equivalents 28,820 12,564 13,836
Restricted cash 835 32 31
Total cash and cash equivalents and restricted cash 29,655 12,596 13,867
(b) Supplemental cash flows activities:      
Cash paid during the year for: Taxes 3,040 1,433 2,521
Cash paid during the year for: Interest 1,492 2,320 2,484
(c) Significant non-cash transactions:      
Net lease liabilities arising from obtaining right of use assets $ 39 $ 22