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Marketable Securities (Tables)
6 Months Ended
Jun. 30, 2014
Marketable Securities [Abstract]  
Held-to-Maturity Securities
   
 
   
Gross
   
Gross
   
 
 
 
 
 
   
unrealized
   
unrealized
   
 
 
 
 
Amortized
   
holding
   
holding
   
Aggregate
 
 
 
cost basis**
   
gains
   
(losses)
   
fair value*
 
 
 
US$ thousands
 
At December 31, 2013
 
 
   
 
   
 
   
 
 
Held to maturity:
 
 
   
 
   
 
   
 
 
Corporate debt securities and
 
 
   
 
   
 
   
 
 
 government debt securities
 
 
   
 
   
 
   
 
 
Current
    15,015       20       (76 )     14,959  
Non-Current
    24,617       69       (167 )     24,519  
 
                               
 
    39,632       89       (243 )     39,478  
 
                               
At June 30, 2014
                               
Held to maturity:
                               
Corporate debt securities
                               
Current
    15,272       7       (103 )     15,176  
Non-Current
    23,928       -       (250 )     23,678  
 
                               
 
    39,200       7       (353 )     38,854  
 
*
Fair value is being determined using quoted market prices in active markets (Level 1).
**
Including accrued interest in the amount of $391 thousands and $375 thousands as of December 31, 2013 and June 30, 2014 respectively.
Schedule of Debt Securities by Major Interest Type
 
 
December 31, 2013
 
 
 
 
   
Net unrealized
   
 
 
 
 
 
   
holding
   
 
 
 
 
Amortized cost
   
gains/(losses)
   
Fair value
 
 
 
US$ thousands
 
 
 
 
   
 
   
 
 
Up to 2%
    34,945       (217 )     34,728  
2.05% - 2.951%
    4,687       63       4,750  
 
    39,632       (154 )     39,478  
 
                       
 
 
June 30, 2014
 
 
         
Net unrealized
         
 
         
holding
         
 
 
Amortized cost
   
gains/(losses)
   
Fair value
 
 
 
US$ thousands
 
 
                       
Up to 2%
    35,073       (291 )     34,782  
2.05% - 2.951%
    4,127       (55 )     4,072  
 
    39,200       (346 )     38,854  
Schedule of Reconciliation of Marketable Securities
 
 
US$ thousands
 
Balance at January 1, 2014
    39,632  
 
       
Purchases of marketable securities
    9,990  
Discount of marketable securities
    (422 )
Proceeds from maturity of marketable securities
    (10,000 )
Balance at June 30, 2014
    39,200  
Summary of Securities in an Unrealized Loss Position
 
 
Less than 12 months
   
12 months or more
   
Total
 
 
 
Unrealized Losses
   
Fair value
   
Unrealized Losses
   
Fair value
   
Unrealized Losses
   
Fair value
 
Held to maturity
 
 
 
   
 
   
 
   
 
   
 
   
 
 
Corporate debt securities
    (191 )     16,875       (162 )     17,223       (353 )     34,098