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Marketable Securities (Tables)
6 Months Ended
Jun. 30, 2019
Investments, Debt and Equity Securities [Abstract]  
Held-to-Maturity Securities
 
The Company's investment in marketable securities as of December 31, 2018 and June 30, 2019 are classified as “held-to-maturity” and consist of the following:

         
Gross
   
Gross
       
         
unrealized
   
unrealized
       
   
Amortized
   
holding
   
holding
   
Aggregate
 
   
cost basis**
   
gains
   
(losses)
   
fair value*
 
   
US$ thousands
 
At June 30, 2019
                       
Held to maturity:
                       
Corporate debt securities and government debt securities
                       
Current
   
5,979
     
2
     
(59
)
   
5,922
 
Non-Current
   
53,970
     
369
     
(155
)
   
54,184
 
                                 
     
59,949
     
371
     
(214
)
   
60,106
 
                                 
At December 31, 2018
                               
Held to maturity:
                               
Corporate debt securities and government debt securities
                               
Current
   
1,610
     
-
     
(22
)
   
1,588
 
Non-Current
   
46,052
     
-
     
(778
)
   
45,274
 
                                 
     
47,662
     
-
     
(800
)
   
46,862
 

 
*
Fair value is being determined using quoted market prices in active markets (Level 2).
 
**
Including accrued interest in the amount of US$ 450 thousands and US$ 520 thousands as of December 31, 2018 and June 30, 2019 respectively.
Schedule of Reconciliation of Marketable Securities
 
Activity in marketable securities in six month period ended in June 30, 2019:

   
US$ thousands
 
Balance at January 1, 2019
   
47,662
 
         
Purchases of marketable securities
   
12,754
 
Discount on marketable securities, net
   
(70
)
Proceeds from maturity of marketable securities
   
(397
)
Balance at June 30, 2019
   
59,949
Summary of Investment Securities in an Unrealized Loss Position
The following table summarizes the gross unrealized losses on investment securities for which other-than-temporary impairments have not been recognized and the fair value of those securities, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, at June 30, 2019:
 

   
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 and government debt securities
   
(12
)
   
2,516
     
(202
)
   
22,028
     
(214
)
   
24,544