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Fair Value Measurements (Details 1) - Level 3 [Member] - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2017 | Dec. 31, 2016
Summary of fair value measurements by using significant unobservable inputs |  |
Opening balance | $ 3,088 | $ 1,220
Increase in contingent consideration due to acquisitions |  | 1,868
Payment of contingent consideration | (2,109) | (883)
Increase in fair value of contingent consideration | 1,587 | 665
Decrease in fair value of contingent consideration | (1,287) |
Decrease in liability against other receivables | (118) |
Amortization of interest and exchange rate | 172 | 218
Closing balance | $ 1,333 | $ 3,088

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- Definition This element represents amortization of interest and exchange rate measured at fair value using significant unobservable inputs (Level 3) which is required for reconciliation purposes of beginning and ending balances. + References No definition available. + Details
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Namespace Prefix: | mgic_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition This element represents decrease in fair value of contingent consideration measured at fair value using significant unobservable inputs (Level 3) which is required for reconciliation purposes of beginning and ending balances. + References No definition available. + Details
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Namespace Prefix: | mgic_
Data Type: | xbrli:monetaryItemType
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- Definition This element represents decrease in liability against other receivables measured at fair value using significant unobservable inputs (Level 3) which is required for reconciliation purposes of beginning and ending balances. + References No definition available. + Details
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- Definition Amount of issuances of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + 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)(2) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 + Details
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- Definition Amount of increase (decrease) of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + 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 + Details
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- Definition Amount of settlements of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + 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)(2) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 + Details
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- Definition Fair value of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + 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 + Details
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- Details
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