SHAREHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2012

Equity [Abstract]

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

The following is a summary of the status of the 1998 Plan, 2000 plan and 2011 Share Incentive Plan as of December 31, 2012, 2011 and 2010, and changes during the years ended on those dates:

1)

	Years ended December 31
	2 0 1 2					2 0 1 1					2 0 1 0
	Number			Weighted average exercise price		Number			Weighted average exercise price		Number			Weighted average exercise price
Options outstanding at beginning of year		817,200		$	2.06		837,400		$	2.45		888,400		$	2.58
Changes during year:
Granted (a)		18,000		$	2.41		334,000		$	1.71		168,000		$	1.38
Exercised		(51,500	)	$	0.78		(235,000	)	$	1.70		(66,000	)	$	1.13
Forfeited		(2,000	)	$	1.04		(1,000	)	$	2.77		(64,000	)	$	1.00
Expired		(193,000	)	$	3.33		(118,200	)	$	4.02		(89,000	)	$	3.84
Options outstanding at end of year		588,700		$	1.87		817,200		$	2.06		837,400		$	2.45
Options exercisable at end of year		228,700		$	2.03		367,700		$	2.77		614,400		$	2.87
Weighted average grant date fair value of options granted during the year (b)				$	0.52				$	0.59				$	0.89

(a) In 2012 the options were granted with an exercise price equal to the average closing price per share of the Company ordinary shares on the stock market during the 30 trading day period immediately preceding the date of grant of such option.

In 2011 the options were granted with an exercise price equal to the average closing price per share of the Company ordinary shares on the stock market during the 30 trading day period immediately preceding the date of grant of such option or with an exercise price equal to Par value of NIS 0.01.

In 2010 the options were granted with an exercise price equal to the market price of the Company’s stock at date of three trade days from the grant approval or with an exercise price equal to Par value of NIS 0.01.

Schedule Of Share-Based Compensation Arrangement By Share-Based Payment Award, Fair Value Assumptions and Methodology [Table Text Block]

The fair value of each stock option granted is computed on the date of grant according to the Black-Scholes option-pricing model with the following assumptions:

	Years ended December 31
		2 0 1 2		2 0 1 1		2 0 1 0
Dividend yield		10	%	10	%	8	%
Expected volatility*		58	%	59	%	61	%
Average risk-free interest rate		0.9	%	1.0	%	1.8	%
Expected average term - in years		3.88		3.83		3.14

* Volatility is based on historical volatility of the Company's share price for periods matching the expected term of the option until exercise.

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]

The following table summarizes information about options outstanding and exercisable as of December 31, 2012:

		Options Outstanding						Options Exercisable
		Number		Weighted				Number		Weighted
		outstanding		average		Weighted		exercisable		average		Weighted
Range of		At		remaining		average		At		remaining		average
exercise		December 31,		contractual		exercise		December 31,		contractual		exercise
prices		2 0 1 2		life		price		2 0 1 2		life		Price
					Years						Years
	$ 0.003 - 1.04		123,500		1.82		0.59		83,500		1.26		0.87
	$ 1.80  - 2.21		362,000		3.56		1.95		60,000		2.41		1.94
	$ 2.41  - 3.24		103,200		0.84		3.10		85,200		0.14		3.24
			588,700		2.71		1.87		228,700		1.14		2.03