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Subsequent Events
12 Months Ended
Dec. 31, 2012
Subsequent Events [Abstract]  
Subsequent Events

NOTE 20: SUBSEQUENT EVENTS

The Company has evaluated subsequent events occurring after the balance sheet date. Based on this evaluation, the Company has determined that no subsequent events, except for the matters discussed below, have occurred which require disclosure in the consolidated financial statements.

On January 22, 2013, the Company announced that it would begin conducting business under the name Alteva. The Company plans to have its shareholders consider a proposal to amend its certificate of incorporation to change its name to Alteva, Inc. at the Company's next shareholder meeting on May 16, 2013. On February 4, 2013 in conjunction with the Company doing business as Alteva, the Company's ticker symbol on the NYSE MKT exchange was changed from WVT to ALTV.

On March 5, 2013, Duane W. Albro, the Company's Chief Executive Officer, departed from the Company and David J. Cuthbert, previously the Company's President and Chief Operating Officer, was appointed as the Company's President and Chief Executive Officer. The Company and Mr. Albro are currently negotiating a separation and release agreement that, if exercised, will include a release and waiver of claims in favor of the Company.

On March 11, 2013, the Company entered into a new credit agreement with TriState Capital Bank ("TriState") to provide for borrowings up to $17.0 million with the ability to increase the facility for borrowings up to $20.0 million with the participation of another lender. All borrowings become due and payable on June 30, 2014. The TriState borrowings incur interest at a variable rate based on either LIBOR or a Base Rate, as defined in the credit agreement, plus an applicable margin 3.50% or 2.00%, respectively. Under the terms of the TriState credit agreement, the Company is required to comply with certain loan covenants, which include, but are not limited to, the achievement of certain financial ratios as well as certain financial reporting requirements. The Company's obligations under the TriState credit facility are secured by all of the Company's assets and guaranteed by all of the Company's wholly-owned subsidiaries except for subsidiary that is operating as an ILEC. The ILEC subsidiary entered into a negative pledge agreement with TriState whereby the ILEC subsidiary agreed not to pledge any of its assets as collateral or lien to be placed on any of its assets. On March 11, 2013, the Company borrowed $15.2 million from TriState to repay all borrowings outstanding under the CoBank, Provident and prior TriState credit facilities. Those previously outstanding facilities have now been retired. In addition, due to the refinancing of the CoBank, Provident and prior TriState credit facilities, the Company reclassified its borrowings as of December 31, 2012 from short term to long term as the Company's total debt obligations were covered by the new credit facility, which are not due until June 30, 2014.