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RELATED PARTY TRANSACTIONS (Tables)

12 Months Ended

Dec. 31, 2012

RELATED PARTY TRANSACTIONS [Abstract]

Schedule of Related Party Transactions

		Year ended December 31,
(U.S. dollars in thousands)		2010				2011				2012
a. Management and consulting fees to the Chairman of the Board		$	6				-				-
b. Compensation to the non-executive directors (except the Chairman of the Board in 2010, and includes the interim Chairman of the Board in 2011 and 2012)		$	215			$	215			$	375

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- Definition

Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates.

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