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AVAILABLE FOR SALE SECURITIES (Tables)
12 Months Ended
Dec. 31, 2012
Available-For-Sale Securities [Abstract]  
Schedule of Available-for-sale Securities Reconciliation [Table Text Block]
The fair value of the available for sale securities based on quoted prices in active markets for identical instruments (Level 1 as defined under ASC820).

 

          December 31  
    Maturity year     2 0 1 2     2 0 1 1  
          U.S. dollars in thousands  
                   
                         
Short-term - security bond     2012     $ -     $ 409  
                         
Long-term - security bond     Perpetual     $ 504     $ 473