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FAIR VALUE MEASUREMENTS
12 Months Ended
Dec. 31, 2012
FAIR VALUE MEASUREMENTS [Abstract]  
Fair Value Disclosures [Text Block]
FAIR VALUE MEASUREMENTS
 
Financial items measured at fair value are classified in the table below in accordance with the hierarchy established in applicable accounting principles.
 
 
 
As at December 31, 2012
 
 
Level 1
 
Level 2
 
Level 3
 
Total
Short-term deposits
 
$

 
$

 
$

 
$

Restricted deposits – current and non-current
 
814

 

 

 
814

Funds held in escrow
 

 

 

 

Derivative assets
 
112

 

 

 
112

Total
 
$
926

 
$

 
$

 
$
926


 
 
 
As at December 31, 2011
 
 
Level 1
 
Level 2
 
Level 3
 
Total
Short-term deposits
 
$
18,000

 
$

 
$

 
$
18,000

Restricted deposits – current and non-current
 
2,494

 

 

 
2,494

Funds held in escrow
 
5,961

 

 

 
5,961

Derivative liabilities
 
(18
)
 

 

 
(18
)
Total
 
$
26,437

 
$

 
$

 
$
26,437


 
Derivative assets and liabilities are forward contracts for the purchase of NIS for which market prices are readily available. Unrealized gains or losses from forward contracts are recorded in Finance expense, net.