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Marketable Securities (Tables)
12 Months Ended
Dec. 31, 2019
Investments, Debt and Equity Securities [Abstract]  
Held-to-Maturity Securities
The Company's investment in marketable securities as of December 31, 2018 and 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 December 31, 2019
                       
Held to maturity:
                       
Corporate debt securities and government debt securities
                       
Current
   
14,170
     
24
     
(97
)
   
14,097
 
Non-Current
   
46,955
     
408
     
(112
)
   
47,251
 
                                 
     
61,125
     
432
     
(209
)
   
61,348
 
                                 
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 thousand and US$ 538 thousand as of December 31, 2018 and 2019 respectively.
The accrued interest is presented as part of other account receivable on the balance sheet.
Schedule of Reconciliation of Marketable Securities
Activity in marketable securities in 2019
 
US$ thousands
 
       
Balance at January 1, 2019
   
47,662
 
         
Purchases of marketable securities
   
15,604
 
Discount on marketable securities, net
   
(144
)
Proceeds from maturity of marketable securities
   
(1,997
)
Balance at December 31, 2019
   
61,125
 
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 December 31, 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
   
(38
)
   
4,968
     
(171
)
   
20,100
     
(209
)
   
25,068