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COMMITMENTS AND CONTINGENCIES | 12 Months Ended
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Dec. 31, 2011
COMMITMENTS AND CONTINGENCIES [Abstract] |
Commitments and Contingencies Disclosure [Text Block] | COMMITMENTS AND CONTINGENCIES
(a) | Leases of Property and Equipment
Office rental and automobile leasing expenses, for 2009, 2010 and 2011, were $513, $662 and $871 respectively. The Company and its subsidiaries lease office space, cars and equipment under operating lease agreements. Those leases will expire on different dates from 2012 to 2015. Future minimum lease payments on non-cancelable operating leases as of December 31, 2011 are as follows:
Years ending December 31, |
2012 | $ | 719 |
2013 | 493 |
2014 | 275 |
2015 | 163 |
2016 | 19 |
2017 and thereafter | — |
| $ | 1,669 |
(b) | Guarantees
The Company’s DSIT subsidiary provides various performance, advance and tender guarantees as required in the normal course of its operations. As at December 31, 2011, such guarantees totaled approximately $5,565 with $4,430 due to expire in 2011 and the remaining $1,135 in 2013. As a security for these guarantees, DSIT has deposited with an Israeli bank $2,416 as restricted deposits ($2,223 as current restricted deposits and $193 as non-current restricted deposits) on the Company’s Consolidated Balance Sheets. See Note 14(d) with respect to guarantees on the Company’s lines of credit.

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