FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Dec. 31, 2016

Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]

The Company's financial assets measured at fair value on a recurring basis, excluding accrued interest components, consisted of the following types of instruments as of December 31, 2016:

	December 31, 2016
	Fair value measurements using input type
	Level 1		Level 2		Total
Cash equivalents:
Money market funds	$	78	$	-	$	78
Marketable securities:
Foreign banks debentures		-		8,011		8,011
Corporate debentures		-		6,927		6,927

Total financial assets	$	78	$	14,938	$	15,016

- Definition

Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances.

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