FAIR VALUE MEASUREMENTS

12 Months Ended

Dec. 31, 2011

FAIR VALUE MEASUREMENTS [Abstract]

Fair Value Disclosures [Text Block]

FAIR VALUE MEASUREMENTS

Financial items measured at fair value are classified in the table below in accordance with the hierarchy established in applicable accounting principles.

	As at December 31, 2011
	Level 1			Level 2		Level 3		Total
Cash and cash equivalents	$	34,280		$	—	$	—	$	34,280
Short-term deposits	18,000			—		—		18,000
Restricted deposits – current and non-current	2,494			—		—		2,494
Funds held in escrow	5,961			—		—		5,961
Derivative liabilities	(18		)	—		—		(18		)
Total	$	60,717		$	—	$	—	$	60,717

	As at December 31, 2010
	Level 1		Level 2		Level 3		Total
Cash and cash equivalents	$	6,549	$	—	$	—	$	6,549
Restricted deposits – current and non-current	1,402		—		—		1,402
Derivative assets	93		—		—		93
Total	$	8,044	$	—	$	—	$	8,044

Derivative assets and liabilities are forward contracts for the purchase of NIS for which market prices are readily available. Unrealized gains or losses from forward contracts are recorded in Finance expense, net.