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AVAILABLE FOR SALE SECURITIES
12 Months Ended
Dec. 31, 2012
Available-For-Sale Securities [Abstract]  
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]
NOTE 2 - AVAILABLE FOR SALE SECURITIES

 

As of December 31, 2012 the company held a long term security bond which is classified as available for sale security and is presented in its fair value. The fair value of the available for sale securities based on quoted prices in active markets for identical instruments (Level 1 as defined under ASC820).

 

          December 31  
    Maturity year     2 0 1 2     2 0 1 1  
          U.S. dollars in thousands  
                   
                         
Short-term - security bond     2012     $ -     $ 409  
                         
Long-term - security bond     Perpetual     $ 504     $ 473