FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Dec. 31, 2015

FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS [Abstract]

Schedule of Recurring Fair Value Measurements

	December 31, 2015		Quoted prices in active market for identical liability (Level 1)		Significant other observable inputs (Level 2)			Significant unobservable inputs (Level 3)
Tower's loans (including current maturities)(*)	$	74,891	$	--	$	(64	)	$	74,955

(*) Includes only loans under Tower's Facility Agreement with the Israeli Banks.

Schedule of Liabilities Measured on a Recurring Basis Using Significant Unobservable Inputs

	Tower's loans
	(including current maturities)(*)		Others
As of January 1, 2015 - at fair value	$	77,029	$	34
Loan repayment		(18,200)		--
Total changes in fair value recognized in earnings		16,126		(34	)
As of December 31, 2015 - at fair value	$	74,955	$	--
Unrealized losses recognized in earnings related to outstanding loans as of December 31, 2015	$	13,219	$	--

(*) Includes only loans under Tower's Facility Agreement with the Israeli Banks.