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Restricted Stock (Restricted Stock [Member])
9 Months Ended
Sep. 30, 2012
Restricted Stock [Member]
 
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]
Restricted Stock    
A summary of restricted stock granted, vested, forfeited and unvested outstanding as of, and changes made during, the nine months ended September 30, 2012, is presented below (in thousands):
 
Restricted Shares
 
Weighted Average
Grant Price
Unvested restricted shares outstanding, January 1, 2012
836

 
$
2.15

Granted
827

 
2.66

Vested
(105
)
 
2.10

Forfeited
(260
)
 
2.37

Unvested restricted shares outstanding, September 30, 2012
1,298

 
$
2.44



Restricted stock compensation expense is allocated as follows for the nine and three months ended September 30, 2012 and 2011 (in thousands):
 
Nine Months Ended September 30,
 
Three Months Ended September 30,
 
2012
 
2011
 
2012
 
2011
Global managed services
$
27

 
$
23

 
$
11

 
$
5

Sales and marketing
47

 
16

 
17

 
7

General and administrative
219

 
83

 
136

 
27

 
$
293

 
$
122

 
$
164

 
$
39



The remaining unrecognized stock-based compensation expense for restricted stock at September 30, 2012 was $2,783,000, of which $330,000, representing 130,000 shares, will only be expensed upon a “change in control” and the remaining $2,453,000 will be amortized over a weighted average period of 8.3 years.
The tax benefit recognized for stock-based compensation for the nine and three months ended September 30, 2012 was diminimus. There was no tax benefit recognized for stock-based compensation for the nine and three months ended September 30, 2011. No compensation costs were capitalized as part of the cost of an asset.