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Marketable Securities (Details) - USD ($) $ in Thousands | 12 Months Ended |
--- | --- | ---
Dec. 31, 2016 | Dec. 31, 2015
Schedule of Available-for-sale Securities [Line Items] |  |  |
Long-term - security bond Maturity year | [1] | Perpetual |
Short-term | [2] | $ 4,784 | $ 5,151
Long-term - security bond | [1] | 832 | 1,441
Municipal bond [Member] |  |  |
Schedule of Available-for-sale Securities [Line Items] |  |  |
Short-term | [2] | 4,117 | 4,446
Corporate bond [Member] |  |  |
Schedule of Available-for-sale Securities [Line Items] |  |  |
Short-term | [2] | $ 667 | $ 705
[1] | As of December 31, 2016 the Company held a long-term security bond which is classified as available-for-sale security and is presented on its fair value. The fair value of the available-for-sale security based on quoted prices in active markets for identical instruments (Level 1 as defined under ASC 820).
[2] | The Company invests in highly-rated marketable securities, and its policy limits the amount of credit exposure to any one issuer. The Company's investment policy requires investments to be investment grade, rated single -A or better, with the objective of minimizing the potential risk of principal loss. Fair values were determined for each individual security in the investment portfolio based on quoted prices in active markets.

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