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SHARE-BASED COMPENSATION (Tables)

6 Months Ended

Jun. 30, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Stock Option Activity

		For the six months ended June 30, 2016
		Number of options				Weighted average exercise price				Aggregate intrinsic value
						$				$ in thousands
Outstanding at beginning of period			2,773,171				4.01
Granted			110,927 (	*)			2.80
Exercised			-				-
Cancelled			(259,279	)			4.81
Outstanding at end of period			2,624,819				3.88				(**	)
Vested and expected-to-vest at end of period			2,618,221				3.88				(**	)

(*) Includes 75,000 options granted to certain officers.

(**) The aforementioned options are out of the money.

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- Definition

Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

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