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Restricted Stock (Restricted Stock [Member])
12 Months Ended
Dec. 31, 2012
Restricted Stock [Member]
 
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Restricted Stock
Restricted Stock
The Company periodically issues restricted stock to employees, directors, and third parties which, when vested, entitles the holder to receive one share of the Company’s common stock, subject to certain restrictions on their transfer and sale as defined in the 2007 Plan and the related award agreements.

A summary of restricted stock granted, vested, forfeited and unvested outstanding as of, and changes made during, the year ended December 31, 2012 and 2011, is presented below (shares in thousands):
 
Restricted Shares
 
Weighted Average
Grant Price
Unvested restricted shares outstanding, January 1, 2011
689

 
$
2.13

Granted
335

 
2.16

Vested
(98
)
 
1.68

Forfeited
(90
)
 
2.52

Unvested restricted shares outstanding, December 31, 2011
836

 
$
2.15

Granted
833

 
2.65

Vested
(100
)
 
2.11

Forfeited
(275
)
 
2.36

Unvested restricted shares outstanding, December 31, 2012
1,294

 
$
2.43



Restricted stock compensation expense is allocated as follows for the years ended December 31, 2012 and 2011 (in thousands):
 
Year Ended December 31,
 
2012
 
2011
Global managed services
$
38

 
$
28

Sales and marketing
61

 
26

General and administrative
370

 
114

 
$
469

 
$
168



The remaining unrecognized stock-based compensation expense for restricted stock at December 31, 2012 was $2,585,000, of which $330,000, representing 130,000 shares, will only be expensed upon a “change in control” and the remaining $2,255,000 will be amortized over a weighted average period of 8.1 years.
The tax benefit recognized for stock-based compensation for the year ended December 31, 2012 was diminimus. There was no tax benefit recognized for stock-based compensation for the year ended December 31, 2011. No compensation costs were capitalized as part of the cost of an asset.