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FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Dec. 31, 2016

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

The Company’s financial assets measured at fair value on a recurring basis, excluding accrued interest components, consisted of the following types of instruments as of the following dates:

		December 31, 2015
		Fair value measurements using input type
		Level 1			Level 2			Level 3			Total
Assets:
Corporate bonds		$	-		$	11,584		$	-		$	11,584
Equity fund			235			-			-			235
Total financial assets		$	235		$	11,584		$	-		$	11,819
Liabilities:
Contingent consideration		$	-		$	-		$	1,220		$	1,220
Total financials liabilities		$	-		$	-		$	1,220		$	1,220

		December 31, 2016
		Fair value measurements using input type
		Level 1			Level 2			Level 3			Total
Assets:
Corporate bonds		$	-		$	12,276		$	-		$	12,276
Equity fund			230			-			-			230
Total financial assets		$	230		$	12,276		$	-		$	12,506
Liabilities:
Contingent consideration		$	-		$	-		$	3,088		$	3,088
Total financials liabilities		$	-		$	-		$	3,088		$	3,088

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

Fair value measurements using significant unobservable inputs (Level 3):

		December 31,
		2015			2016
Opening balance		$	382		$	1,220
Increase in contingent consideration due to acquisitions			1,048			1,868
Payment of contingent consideration			(166)			(883)
Change in fair value of contingent consideration			3			665
Amortization of interest and exchange rate			(47)			218
Closing balance		$	1,220		$	3,088

X

- Definition

Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19279-110258

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- References

No definition available.

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X

- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19190-110258

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