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FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Dec. 31, 2016
FAIR VALUE MEASUREMENTS [Abstract]  
Liabilities Measured at Fair Value
The below table sets forth the Company's assets and liabilities that were measured at fair value as of December 31, 2016 and 2015 by level within the fair value hierarchy. Assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement.
 
   
December 31, 2016
 
   
Level 1
   
Level 2
   
Level 3
   
Total
 
                         
Liabilities:
                       
Contingent consideration related to acquisitions
 
$
-
   
$
-
   
$
271
   
$
271
 
Foreign exchange contracts
   
-
     
7
     
-
     
7
 
Liability presented at fair value
   
-
     
-
     
512
     
512
 
                                 
Total liabilities
 
$
-
   
$
7
   
$
783
   
$
790
 

   
December 31, 2015
 
   
Level 1
   
Level 2
   
Level 3
   
Total
 
                         
Liabilities:
                       
Contingent consideration related to acquisitions
 
$
-
   
$
-
   
$
2,458
   
$
2,458
 
Foreign exchange contracts
   
-
     
62
     
-
     
62
 
Liability presented at fair value
   
-
     
-
     
719
     
719
 
                                 
Total liabilities
 
$
-
   
$
62
   
$
3,177
   
$
3,239
 
 
Change of Fair Value Measurements
The following table set forth the change of fair value measurements that are categorized within Level 3:

Total fair value as of January 1, 2016
 
$
3,177
 
Cash settlements
   
(1,990
)
Shares settlements
   
(224
)
Revaluation of liability presented at fair value
   
(207
)
Accretion of contingent payment obligations
   
(8
)
Change in fair value of payment obligations
   
35
 
         
Total fair value as of December 31, 2016
 
$
783