Alteva (ALTV) 10-Q 14 Aug 15 2015 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Aug. 07, 2015
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2
Entity Registrant Name	ALTEVA, INC.
Entity Central Index Key	104,777
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		6,000,731

Condensed Consolidated Statemen

Condensed Consolidated Statements Of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Operating revenues:
Operating revenues	$ 7,894	$ 7,604	$ 15,648	$ 15,128
Operating expenses:
Cost of services and products (exclusive of depreciation and amortization expense)	3,343	2,867	6,486	5,919
Selling, general and administration expenses	5,594	5,262	10,649	10,960
Depreciation and amortization	1,250	919	2,492	1,822
Restructuring costs and other special charges				100
Total operating expenses	10,187	9,048	19,627	18,801
Operating loss	(2,293)	(1,444)	(3,979)	(3,673)
Other income:
Interest income (expense), net	3	(54)	12	(193)
Income from investment		50,333		52,373
Other (expense) income, net	(11)	6	1,490	27
Total other (expense) income, net	(8)	50,285	1,502	52,207
(Loss) income before income taxes	(2,301)	48,841	(2,477)	48,534
Income tax (benefit) expense	(475)	17,304	(457)	17,246
Net (loss) income	(1,826)	31,537	(2,020)	31,288
Preferred dividends	7	7	13	13
Net (loss) income applicable to common stock	$ (1,833)	$ 31,530	$ (2,033)	$ 31,275
Basic (loss) earnings per common share	$ (0.31)	$ 5.19	$ (0.35)	$ 5.11
Diluted (loss) earnings per common share	$ (0.31)	$ 5.19	$ (0.35)	$ 5.11
Weighted average shares of common stock used to calculate loss per common share:
Basic	5,859	5,917	5,844	5,842
Diluted	5,859	5,917	5,844	5,842
Dividends declared per common share	$ 2.60		$ 2.60
Unified Communications [Member]
Operating revenues:
Operating revenues	$ 4,524	$ 4,234	$ 8,985	$ 8,445
Operating expenses:
Cost of services and products (exclusive of depreciation and amortization expense)	2,338	1,889	4,501	3,915
Selling, general and administration expenses	3,614	3,351	6,737	7,012
Depreciation and amortization	867	539	1,727	1,060
Restructuring costs and other special charges				56
Total operating expenses	6,819	5,779	12,965	12,043
Operating loss	(2,295)	(1,545)	(3,980)	(3,598)
Telephone [Member]
Operating revenues:
Operating revenues	3,370	3,370	6,663	6,683
Operating expenses:
Cost of services and products (exclusive of depreciation and amortization expense)	1,005	978	1,985	2,004
Selling, general and administration expenses	1,980	1,911	3,912	3,948
Depreciation and amortization	383	380	765	762
Restructuring costs and other special charges				44
Total operating expenses	3,368	3,269	6,662	6,758
Operating loss	$ 2	$ 101	$ 1	$ (75)

Condensed Consolidated Stateme3

Condensed Consolidated Statements Of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Condensed Consolidated Statements Of Comprehensive Income (Loss) [Abstract]
Net (loss) income	$ (1,826)	$ 31,537	$ (2,020)	$ 31,288
Other comprehensive income (loss): Defined benefit pension plans:
Amortization of prior service costs	(20)	(35)	5	(70)
Amortization of actuarial loss	299	184	516	367
Other comprehensive income	279	149	521	297
Comprehensive (loss) income	$ (1,547)	$ 31,686	$ (1,499)	$ 31,585

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 7,709	$ 24,047
Trade accounts receivable - net of allowance for uncollectibles - $433 and $402 at June 30, 2015 and December 31, 2014, respectively	2,913	2,737
Other accounts receivable	576	488
Materials and supplies	198	167
Prepaid expenses	512	349
Prepaid income taxes	502	311
Deferred income taxes	627	43
Total current assets	13,037	28,142
Property, plant and equipment, net	11,308	12,384
Intangibles, net	4,595	5,020
Seat licenses, net	1,689	1,543
Goodwill	9,006	9,006
Other assets	1,290	1,023
Total assets	40,925	57,118
Current liabilities:
Short-term debt	394	325
Accounts payable	1,020	1,216
Advance billing and payments	357	274
Accrued taxes	978	1,056
Pension and postretirement benefit obligations	276	276
Accrued wages	847	1,036
Deferred revenue	789	705
Other accrued expenses	2,971	2,180
Total current liabilities	7,632	7,068
Long-term debt	323	295
Deferred income taxes	892	766
Pension and postretirement benefit obligations	8,808	8,833
Total liabilities	17,655	16,962
Shareholders' equity
Preferred shares - $100 par value; authorized and issued shares of 5; $0.01 par value; authorized and unissued shares of 10,000	500	500
Common stock - $0.01 par value; authorized shares of 10,000; issued 6,903 and 6,826 shares issued at June 30, 2015 and December 31, 2014, respectively	69	69
Treasury stock - at cost, 902 and 885 common shares at June 30, 2015 and December 31, 2014, respectively	(8,202)	(8,077)
Additional paid in capital	14,399	14,047
Accumulated other comprehensive loss	(3,476)	(3,997)
Retained earnings	19,980	37,614
Total shareholders' equity	23,270	40,156
Total liabilities and shareholders' equity	$ 40,925	$ 57,118

Condensed Consolidated Balance5

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Accounts receivable, allowance for uncollectibles	$ 433	$ 402
Common stock, par value	$ 0.01	$ 0.01
Common stock, authorized shares	10,000,000	10,000,000
Common stock, issued shares	6,903,000	6,826,000
Treasury stock, common shares	902,000	885,000
Preferred Stock $100 Par Value [Member]
Preferred shares, par value	$ 100	$ 100
Preferred shares, authorized shares	5,000	5,000
Preferred shares, issued shares	5,000	5,000
Preferred Stock $0.01 Par Value [Member]
Preferred shares, par value	$ 0.01	$ 0.01
Preferred shares, authorized shares	10,000,000	10,000,000
Preferred shares, unissued shares	10,000,000	10,000,000

Condensed Consolidated Stateme6

Condensed Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
CASH FLOW FROM OPERATING ACTIVITIES
Net (loss) income	$ (2,020)	$ 31,288
Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities:
Depreciation and amortization	2,492	1,822
Stock based compensation expense	352	507
Undistributed earnings from equity investment		(50,284)
Other non-cash operating activities	(458)	218
Changes in assets and liabilities:
Trade accounts receivable	(176)	(499)
Prepaid expenses and other assets	(737)	(470)
Accounts payable and accrued expenses	761	564
Accrued taxes	(78)	16,000
Pension and postretirement benefit obligations	496	136
Net cash provided by (used in) operating activities	632	(718)
CASH FLOW FROM INVESTING ACTIVITIES
Capital expenditures	(668)	(151)
Purchase of seat licenses and other intangibles	(330)	(90)
Proceeds from sale of assets		33
Proceeds received in excess of income from equity investments		49,776
Net cash (used in) provided by investing activities	(998)	49,568
CASH FLOW FROM FINANCING ACTIVITIES
Proceeds from debt		2,443
Repayments of debt and capital leases	(233)	(12,422)
Purchase of treasury stock	(125)	(399)
Dividends (Common and Preferred)	(15,614)	(13)
Net cash used in financing activities	(15,972)	(10,391)
Net change in cash and cash equivalents	(16,338)	38,459
Cash and cash equivalents at beginning of period	24,047	1,636
Cash and cash equivalents at end of period	7,709	40,095
Supplemental disclosure of non-cash investing activities:
Acquisition of equipment and seat licenses under capital leases	$ 330	$ 365

Nature Of Operations And Critic

Nature Of Operations And Critical Accounting Policies And Estimates	6 Months Ended
	Jun. 30, 2015
Nature Of Operations And Critical Accounting Policies And Estimates [Abstract]
Nature Of Operations And Critical Accounting Policies And Estimates	NOTE 1: NATURE OF OPERATIONS AND CRITICAL ACCOUNTING POLICIES AND ESTIMATES Nature of Operations Alteva, Inc. ("Alteva" or the "Company") is a cloud-based communications company that provides Unified Communications ("UC") solutions, including enterprise hosted Voice over Internet Protocol ("VoIP") and operates as a regional Incumbent Local Exchange Carrier ("ILEC") in southern Orange County, New York and northern New Jersey. Unless otherwise indicated or unless the context requires, all references to the Company means the Company and its wholly-owned subsidiaries. The Company delivers cloud-based UC solutions including BroadSoft-based VoIP integrated with Microsoft Lync, Microsoft Exchange, Google Apps for Business, leading customer relationship management ("CRM") applications such as Salesforce.com and Bring-Your-Own-Device (BYOD) solutions for Mobility, which allows users to take advantage of all of the features available to them no matter where they are located or what device they are using. The Company's ILEC operations consist of providing local and toll telephone service to residential and business customers, Internet high-speed broadband service, and satellite television services provided by DIRECTV®. Basis of Presentation The accompanying unaudited interim condensed consolidated financial statements of the Company and its subsidiaries have been prepared in accordance with generally accepted accounting principles in the United States of America ("U.S. GAAP") for interim financial information, with the instructions to the Quarterly Report on Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. In the opinion of the Company's management, all adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation have been included. The operating results for the interim periods are not necessarily indicative of the results that may be expected for the entire year or any other future period. The consolidated balance sheet as of December 31, 2014 has been derived from the audited consolidated financial statements as of that date but does not include all of the information and footnotes required by U.S. GAAP for complete financial statements. The condensed consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. All material intercompany transactions and balances have been eliminated. The interim condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company's Annual Report on Form 10-K, as amended, for the year ended December 31, 2014. Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reported period. Significant estimates include, but are not limited to, depreciation and amortization expense, allowance for doubtful accounts, long-lived assets, pension and postretirement expenses, and income taxes. Actual results could differ from those estimates. Revenue Recognition The Company derives its revenue from the sale of UC services as well as traditional telephone services. The Company recognizes revenue when (i) persuasive evidence of an arrangement between the Company and the customer exists, (ii) the delivery of the product to the customer has occurred or service has been provided to the customer, (iii) the price to the customer is fixed or determinable, and (iv) collectability of the sales or service price is reasonably assured. Revenue is reported net of all applicable sales tax. UC The Company's UC services and solutions consist primarily of its hosted VoIP UC system, certain UC applications, and other professional services associated with the installation and activation. Additionally, the Company offers customers the ability to purchase telephone equipment from the Company directly or independently from external vendors. Multiple element arrangements primarily include the sale of telephone equipment, along with professional services associated with installation, activation and implementation services, as well as follow on hosting services. The Company has concluded that the separate units of accounting in these arrangements consist of (i) the telephone equipment sale and (ii) the professional services provided combined with the follow on hosting services. The professional services provided do not constitute a separate unit of accounting as they do not have value to the customer on a stand-alone basis. Arrangement consideration is allocated to the separate units of accounting based on the relative selling price. The selling price for telephone equipment is based on third-party evidence representing list prices for similar equipment when sold a stand-alone basis. The selling price for professional and hosting services is based on the Company's best estimate of selling price ("BESP"). The Company develops its BESP by considering pricing practices, margin, competition and overall market trends. The Company bills a portion of its monthly recurring hosted service revenue a month in advance. Any amounts billed and collected, but for which the service is not yet delivered, are included in deferred revenue. These amounts are recognized as revenues only when the service is delivered. Equipment sales associated with the sale of telephone equipment is recognized upon delivery to the customer, as it is considered to be a separate earnings process. The sales are recognized on a gross basis, as the Company is considered the primary obligor in customer transactions among other considerations. Other upfront fees, excluding equipment, along with associated costs, up to but not exceeding these fees, are deferred and recognized over the estimated life of the customer relationship. The Company has estimated its customer relationship life at eight Telephone Revenue is earned from monthly billings to customers for local voice services, long distance, DSL, Internet services, hardware and other services. Revenue is also derived from charges for network access to the local exchange telephone network from subscriber line charges and from contractual arrangements for services such as billing and collection and directory advertising. Revenue is recognized in the period in which service is provided to the customer. Directory advertising revenue is recorded ratably over the life of the directory. With multiple billing cycles, the Company accrues revenue earned but not yet billed at the end of a quarter. The Company also defers services billed in advance and recognizes them as income when earned. The Telephone segment markets competitive service bundles which may include multiple deliverables. The base bundles consist of voice services (including a business or residential phone line), calling features and long distance services and customers may choose to add internet services to a base bundle package. Separate units of accounting within the bundled packages include voice services, long distance and Internet services. Revenue for all services included in bundles is recognized over the same service period, which is the time period in which the service is provided to the customer. Certain revenue is realized under pooling arrangements with other service providers and is divided among the companies based on respective costs and investments to provide the services. The companies that take part in pooling arrangements may adjust their costs and investments for a period of two Revenue from these pooling arrangements which includes Universal Service Funds ("USF") and National Exchange Carrier Association ("NECA") pool settlements, accounted for 5 3 Materials and Supplies The Company's materials and supplies are carried at average cost, net of reserves for obsolescence, and consist principally of telephone equipment, telephone pole and wiring spare parts and other ancillary equipment for resale. Fair Value Fair value is the estimated price that would be received upon the sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The Company is required by accounting standards to provide the disclosure framework for measuring fair value and expanded disclosure about fair value measurements. Fair value measurements are classified and disclosed in one of the following categories: Level 1: Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. The Company considers active markets as those in which transactions for the assets or liabilities occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 2: These are inputs, other than quoted prices that are included in Level 1, which are observable in the marketplace throughout the term of the assets or liabilities, can be derived from observable data, or supported by observable levels at which transactions are executed in the marketplace. Level 3: Measured based on prices or valuation models that require inputs that are both significant to the fair value measurement and less observable from objective sources (i.e. supported by little or no market activity). The Company does not have sufficient corroborating evidence to support classifying these assets and liabilities as Level 1 or Level 2. Financial assets and liabilities are classified based on the lowest level of input that is significant to the fair value measurement. The Company's assessment of the significance of a particular input to the fair value measurement requires judgment, and may affect the valuation of the fair value of assets and liabilities and their placement within the fair value hierarchy levels. Goodwill Goodwill represents the excess of the purchase price of an acquired business over the net fair value of identifiable assets acquired and liabilities assumed. Goodwill is not amortized, but rather is assessed for impairment at least annually. The Company tests goodwill for impairment at the reporting unit level annually on December 31, or whenever events or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying value. If it is determined that an impairment has occurred, the Company records a write down of the carrying value and records the charge for the impairment as an operating expense during the period in which the determination is made. The Company has determined that its operating segments are the applicable reporting units because they are the lowest level at which discrete, reliable financial and cash flow information is regularly reviewed by segment management. The Company only has goodwill that is associated with its UC segment, resulting from the purchase of certain assets and certain liabilities of Alteva, LLC in 2011. The Company is not aware of any events or circumstances that occurred during the six months ended June 30, 2015 that would have more likely than not reduced the fair value of this reporting unit below its carrying value. Income Taxes The Company records deferred taxes that arise from temporary differences between the financial statement and the tax basis of assets and liabilities. Deferred taxes are classified as current or non-current, depending on the classification of the assets and liabilities to which they relate. Deferred tax assets and deferred tax liabilities are adjusted for the effect of changes in tax laws and rates on the date of enactment. The Company's deferred taxes result principally from differences in the timing of depreciation, in the accounting for pensions and other postretirement benefits, and state net operating loss carryforwards. The process of providing for income taxes and determining the related balance sheet accounts requires management to assess uncertainties, make judgments regarding outcomes and utilize estimates. Management must make judgments currently about such uncertainties and determine estimates of the Company's tax assets and liabilities. To the extent the final outcome differs, future adjustments to the Company's tax assets and liabilities may be necessary. The Company assesses the realizability of its deferred tax assets, taking into consideration future reversals of existing temporary differences, the Company's forecast of future taxable income, and available tax planning strategies that could be implemented to realize the deferred tax assets. Based on this assessment, management must evaluate the need for, and the amount of, valuation allowances against the Company's deferred tax assets. To the extent facts and circumstances change in the future, adjustments to the valuation allowances may be required. Accounting for uncertainty in income taxes requires uncertain tax positions to be classified as non-current income tax liabilities unless they are expected to be paid within one year. The Company recognizes interest accrued related to unrecognized tax benefits in interest expense. Stock-Based Compensation The Company measures the cost of employee services received in exchange for the award of an equity instrument based on the grant-date fair value of the award, with such cost recognized over the applicable vesting period. Accounting Policies There were no material changes to the Company's other accounting policies as presented in Item 8 of its Annual Report on Form 10-K, as amended, for the year ended December 31, 2014.

New Accounting Pronouncements

New Accounting Pronouncements	6 Months Ended
	Jun. 30, 2015
New Accounting Pronouncements [Abstract]
New Accounting Pronouncements	NOTE 2: NEW ACCOUNTING PRONOUNCEMENTS In May 2015, the Financial Accounting Standards Board ("FASB") issued accounting standards update ("ASU") 2015-07, Fair Value Measurement (Topic 820): Disclosures for Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent). ASU 2015-07 removes the requirement to categorize within the fair value hierarchy all investments for which fair value is measured using the net asset value ('NAV") per share practical expedient. It also eliminates certain disclosures for investments measured at fair value using the net asset value per share practical expedient. The guidance is effective for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years and requires retrospective presentation. The Company expects that the adoption of ASU 2015-07 will affect the disclosures around the presentation of certain assets held at NAV in its pension plan. In April 2015, the FASB issued ASU 2015-03, Simplifying the Presentation of Debt Issuance Costs. The update provides guidance on simplifying the presentation for debt issuance costs and debt discount and premium. The standard is effective for the annual and interim periods within those annual periods beginning after December 15, 2015. The Company does not expect the adoption of ASU 2015-03 to have a significant impact to the disclosure in its consolidated financial statements. In August 2014, the FASB issued ASU 2014-15, Presentation of Financial Statements – Going Concern: Disclosure of Uncertainties about an Entity's Ability to Continue as a Going Concern. The update provides guidance that previously did not exist under US GAAP about a company's management's responsibility to evaluate whether there is substantial doubt about an entity's ability to continue as a going concern and to provide related footnote disclosures, if applicable. The standard is effective for annual and interim periods within those annual periods beginning after December 15, 2016. Early adoption is permitted. The Company does not expect the adoption of ASU 2014-15 to have a significant impact to the disclosures in its consolidated financial statements. In June 2014, the FASB issued ASU 2014-12, Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period . The update provides guidance on how to account for certain share-based payment awards where employees would be eligible to vest in the award regardless of whether the employee is still rendering service on the date the performance target is achieved. The standard is effective for annual and interim periods within those annual periods beginning after December 15, 2015. Early adoption is permitted. The Company does not expect the adoption of ASU 2014-12 to have a material impact to its consolidated results of operations. In May 2014, the FASB issued Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers: Topic 606 to supersede nearly all existing revenue recognition guidance under U.S. GAAP. The core principle of ASU 2014-09 is to recognize revenues when promised goods or services are transferred to customers in an amount that reflects the consideration that is expected to be received for those goods or services. ASU 2014-09 defines a five step process to achieve this core principle and, in doing so, it is possible more judgment and estimates may be required within the revenue recognition process than required under existing U.S. GAAP. The FASB decided in July 2015 to defer the effective date of the new revenue standard by one year. The standard will be effective for public entities for annual reporting periods beginning after December 15, 2017 and interim periods therein. Companies will be allowed to adopt the standard as early as the original public entity effective date. ASU 2014-09 can be adopted using either of two methods: (i) retrospective to each prior reporting period presented with the option to elect certain practical expedients as defined within ASU 2014-09; or (ii) retrospective with the cumulative effect of initially applying ASU 2014-09 recognized at the date of initial application and providing certain additional disclosures as defined per ASU 2014-09. The Company is currently evaluating the impact of adopting ASU 2014-09 on its consolidated financial statements and has not yet selected a transition method, nor has it determined the effect on its ongoing financial reporting. In April 2014, the FASB issued ASU 2014-08 , Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity . ASU 2014-08 revised guidance to only allow disposals of components of an entity that represent a strategic shift (e.g., disposal of a major geographical area, a major line of business, a major equity method investment, or other major parts of an entity) and that have a major effect on a reporting entity's operations and financial results to be reported as discontinued operations. The revised guidance also requires expanded disclosure in the financial statements for discontinued operations, as well as for disposals of significant components of an entity that do not qualify for discontinued operations presentation. ASU 2014-08 is effective for interim and annual reporting periods beginning after December 15, 2014. The Company adopted ASU 2014-08 effective January 1, 2015 and the adoption did not have a significant impact on the Company's consolidated financial statement presentation.

Seat Licenses And Other Intangi

Seat Licenses And Other Intangible Assets	6 Months Ended
	Jun. 30, 2015
Seat Licenses And Other Intangible Assets [Abstract]
Seat Licenses And Other Intangible Assets	NOTE 3: SEAT LICENSES AND OTHER INTANGIBLE ASSETS Intangible assets with finite lives are amortized over their respective estimated useful lives to their estimated residual value. Identifiable intangible assets that are subject to amortization are evaluated for impairment whenever events or changes in circumstances indicate that the carrying value of these assets may not be recoverable. The components of seat licenses are as follows: Estimated Gross Accumulated Net ($ in thousands) Useful Lives Value Amortization Value As of June 30, 2015 Seat licenses 5 $ 3,376 $ (1,687 ) $ 1,689 Estimated Gross Accumulated Net ($ in thousands) Useful Lives Value Amortization Value As of December 31, 2014 Seat licenses 5 $ 2,936 $ (1,393 ) $ 1,543 The components of other intangible assets are as follows: Estimated Gross Accumulated Net ($ in thousands) Useful Lives Value Amortization Value As of June 30, 2015 Customer relationships 8 $ 5,400 $ (2,643 ) $ 2,757 Trade name 15 2,400 (627 ) 1,773 Website 12 95 (30 ) 65 Total $ 7,895 $ (3,300 ) $ 4,595 Estimated Gross Accumulated Net ($ in thousands) Useful Lives Value Amortization Value As of December 31, 2014 Customer relationships 8 $ 5,400 $ (2,306 ) $ 3,094 Trade name 1 5 2,400 (547 ) 1,853 Website 12 95 (22 ) 73 Total $ 7,895 $ (2,875 ) $ 5,020

Orange County-Poughkeepsie Limi

Orange County-Poughkeepsie Limited Partnership	6 Months Ended
	Jun. 30, 2015
Orange County-Poughkeepsie Limited Partnership [Abstract]
Orange County-Poughkeepsie Limited Partnership	NOTE 4: ORANGE COUNTY-POUGHKEEPSIE LIMITED PARTNERSHIP The Company was a limited partner in the Orange County-Poughkeepsie Limited Partnership ("O-P") and had an 8.108 On April 30, 2014, the Company exercised the Put option and sold all of its ownership interest in the O-P for gross proceeds of $ 50 49.8 Pursuant to the equity method accounting of the Company's investment income, the Company is required to record the income from the O-P as an increase to the Company's investment account. On May 26, 2011, the Company entered into an agreement (the "4G Agreement") with Verizon and Cellco Partnership (d/b/a Verizon Wireless), the other limited partner, in the O-P to make certain changes to the O-P partnership agreement. The 4G Agreement provided for guaranteed annual cash distributions to the Company through 2013. The Company was therefore required to apply the cash payments made as a return on its investment when received. As a result of receiving the fixed guaranteed cash distributions from the O-P in excess of the Company's proportionate share of the O-P income, the investment account was reduced to zero zero The following summarizes the income statement (unaudited) for the three and six months ended June 30, 2014 that the O-P provided to the Company: For the three months ended ($ in thousands) June 30, 2014 Net sales $ 86,305 Cellular service cost 42,441 Operating expenses 23,037 Operating income 20,827 Other income 42 Net income $ 20,869 Company's share $ 558 For the six months ended ($ in thousands) June 30, 2014 Net sales $ 170,746 Cellular service cost 80,051 Operating expenses 44,726 Operating income 45,969 Other income 62 Net income $ 46,031 Company's share $ 2,597

Debt Obligations

Debt Obligations	6 Months Ended
	Jun. 30, 2015
Debt Obligations [Abstract]
Debt Obligations	NOTE 5: DEBT OBLIGATIONS Debt obligations consisted of the following at June 30, 2015 and December 31, 2014: As of ($ in thousands) June 30, 2015 December 31, 2014 Short-term debt: Capital leases and other borrowings, current portion $ 394 $ 325 Long-term debt: Capital leases and other borrowings 323 295 Total debt obligations $ 717 $ 620 On November 7, 2014, the Company entered into a demand line of credit with TriState (the "Demand Line of Credit") to allow for borrowings up to $ 5.0

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2015
Income Taxes [Abstract]
Income Taxes	NOTE 6: INCOME TAXES The effective tax rate for the six months ended June 30, 2015, and June 30, 2014 was 18 36 As of June 30, 2015 and December 31, 2014, the Company carried a full valuation allowance against its deferred tax assets because management determined that it was not more likely than not that it would realize the benefits of such deferred tax assets. The Company maintains a deferred tax liability related to indefinite lived intangibles. Accounting for uncertainty in income taxes requires uncertain tax positions to be classified as non-current income tax liabilities unless they are expected to be paid within one year. The Company has concluded that there are no uncertain tax positions requiring recognition in its consolidated financial statements as of June 30, 2015 and December 31, 2014. The Company recognizes interest accrued related to unrecognized tax benefits in interest expense. For the six months ended June 30, 2015 and 2014, there was no The Company and its subsidiaries file a U.S. federal consolidated income tax return. The U.S. federal statute of limitations remains open for the years 2011 and thereafter. State income tax returns are generally subject to examination for a period of 3 to 5 years after filing the respective return. The impact of any federal changes on state returns remains subject to examination by the relevant states for a period of up to one year after formal notification to the states.

Pension Plans And Postretiremen

Pension Plans And Postretirement Obligations	6 Months Ended
	Jun. 30, 2015
Pension Plans And Postretirement Obligations [Abstract]
Pension Plans And Postretirement Obligations	NOTE 7: PENSION AND POSTRETIREMENT OBLIGATIONS The components of net periodic cost (benefit) for the three months ended June 30, 2015 and 2014 are as follows: Pension Benefits Postretirement Benefits For the three months ended For the three months ended ($ in thousands) June 30, 2015 June 30, 2014 June 30, 2015 June 30, 2014 Service cost $ 56 $ - $ 27 $ 3 Interest cost 191 201 23 27 Expected return on plan assets (223 ) (216 ) (8 ) (7 ) Amortization of prior service cost 14 14 (34 ) (49 ) Recognized actuarial loss 237 178 62 6 Net periodic benefit cost (benefit) $ 275 $ 177 $ 70 $ (20 ) The components of net periodic cost (benefit) for the six months ended June 30, 2015 and 2014 are as follows: Pension Benefits Postretirement Benefits For the six months ended For the six months ended ($ in thousands) June 30, 2015 June 30, 2014 June 30, 2015 June 30, 2014 Service cost $ 56 $ - $ 30 $ 6 Interest cost 391 413 49 59 Expected return on plan assets (447 ) (441 ) (16 ) (15 ) Amortization of prior service cost 28 28 (23 ) (98 ) Recognized actuarial loss 474 355 42 12 Net periodic benefit cost (benefit) $ 502 $ 355 $ 82 $ (36 ) For both the six months ended June 30, 2015 and 2014, the Company has contributed $ 0.1

Stock Based Compensation

Stock Based Compensation	6 Months Ended
	Jun. 30, 2015
Stock Based Compensation [Abstract]
Stock Based Compensation	NOTE 8: STOCK BASED COMPENSATION The Company has a shareholder approved long-term incentive plan (the "LTIP") to assist the Company and its affiliates in attracting, motivating and retaining selected individuals to serve as employees, directors, consultants and advisors of the Company and its affiliates by providing incentives to such individuals through the ownership and performance of the Company's common stock. There are 1.1 382,198 420,392 100 ten Restricted Stock Awards Stock-based compensation expense for restricted stock awards was $ 0.3 0.5 two three The following table summarizes the restricted common stock activity for the six months ended June 30, 2015: For the six months ended June 30, 2015 Weighted Average Fair Shares Value Balance - nonvested at December 31, 2014 124,578 $ 9.84 Granted 80,701 7.37 Vested (59,594 ) 10.02 Forfeited (3,365 ) 9.94 Balance - nonvested at June 30, 2015 142,320 $ 8.37 The total grant-date fair value of restricted stock vested for the six months ended June 30, 2015 was $ 0.6 0.9 2.4 Stock Options The following tables summarize stock option activity for the six months ended June 30, 2015, along with stock options exercisable at the end of the period: For the six months ended June 30, 2015 Weighted Weighted Average Average Contractual Options Shares Exercise Price Life (Years) Outstanding - Beginning of period 327,003 $ 12.18 Forfeited or expired (22,655 ) 11.02 Outstanding - End of period 304,348 $ 12.26 6.34 Vested and Expected to Vest at June 30, 2015 289,131 Exercisable at June 30, 2015 214,295 The fair value of the stock-based awards was estimated using the Black-Scholes model. No As of June 30, 2015, the amount of unrecognized compensation expense related to stock options awards is expected to be de minimis. Stock-based compensation expense resulting from stock options granted to employees was de minimis for the six months ended June 30, 2015 and 2014 and was recorded within selling, general, and administrative expenses. Shareholder Rights Plan On September 2, 2014, in connection with an unsolicited, non-binding acquisition proposal, the Company's Board of Directors (the "Alteva Board") adopted a Stockholder Rights Plan that provides for the distribution of one one th ) of a share of Series A Junior Participating Preferred Stock, par value of $ 0.01 22.20 20 Share Repurchase Program On August 25, 2014, the Alteva Board authorized a repurchase program for up to $ 3.0 On May 14, 2015, the stock repurchase program that was authorized in August 2014 was terminated by the Company's Board of Directors in connection with approving the special cash dividend (see Note 10). As of June 30, 2015, the Company repurchased 11,057 0.1

Earnings (Loss) Per Share

Earnings (Loss) Per Share	6 Months Ended
	Jun. 30, 2015
Earnings (Loss) Per Share [Abstract]
Earnings (Loss) Per Share	NOTE 9: EARNINGS (LOSS) PER SHARE Basic earnings (loss) per share is computed by dividing net income (loss) applicable to common stock by the weighted average number of shares of common stock outstanding during the period. Diluted earnings (loss) per share is computed by dividing net income (loss) applicable to common stock by the weighted average number of shares of common stock adjusted to include the effect of potentially dilutive securities. Potentially dilutive securities include incremental shares issuable upon exercise of outstanding stock options and shares of unvested restricted stock. Diluted earnings (loss) per share exclude all dilutive securities if their effect is anti-dilutive. The Company's restricted stock awards are considered "participating securities" because they contain non-forfeitable rights to dividends. Under the two-class method, earnings per share ("EPS") is computed by dividing earnings allocated to common shareholders by the weighted-average number of common shares outstanding for the period. In applying the two-class method, earnings are allocated to both shares of common stock and participating securities based on their respective weighted-average shares outstanding for the period. For the three and six months ended June 30, 2015, the Company experienced a net loss. As a result, the effect of participating securities was excluded from the computation of basic and diluted EPS. The net losses were not allocated because the restricted stockholders are not required to fund losses. The weighted average number of shares of common stock used in basic and diluted earnings per share for the three and six months ended June 30, 2015 and 2014 was as follows: For the three months ended June 30, (amounts in thousands, except for per share) 2015 2014 NUMERATOR: Net (loss) income applicable to common stock before participating securities $ (1,833 ) $ 31,530 Less: income applicable to participating securities (1) - (827 ) Net (loss) income applicable to common stock $ (1,833 ) $ 30,703 DENOMINATOR: Weighted average shares outstanding - Basic and Diluted (2) 5,859 5,917 EPS: Net (loss) income per share - Basic and Diluted $ (0.31 ) $ 5.19 (1) For the three months ended June 30, 2015 and 2014, the Company had 0.1 0.2 (2) For the three months ended June 30, 2015 and 2014, potentially dilutive shares related to out of the money common stock options that were excluded from EPS, as their effect was anti-dilutive, were nominal. For the six months ended June 30, (amounts in thousands, except for per share) 2015 2014 NUMERATOR: Net (loss) income applicable to common stock before participating securities $ (2,033 ) $ 31,275 Less: income applicable to participating securities (1) - (1,414 ) Net (loss) income applicable to common stock $ (2,033 ) $ 29,861 DENOMINATOR: Weighted average shares outstanding - Basic and Diluted (2) 5,844 5,842 EPS: Net (loss) income per share - Basic and Diluted $ (0.35 ) $ 5.11 (1) For the six months ended June 30, 2015 and 2014, the Company had 0.1 0.3 (2) For the six months ended June 30, 2015 and 2014, potentially dilutive shares related to out of the money common stock options that were excluded from EPS, as their effect was anti-dilutive, were nominal.

Shareholders' Equity

Shareholders' Equity	6 Months Ended
	Jun. 30, 2015
Shareholders' Equity [Abstract]
Shareholders' Equity	NOTE 10: SHAREHOLDERS' EQUITY A summary of the changes to shareholders' equity for the six months ended June 30, 2015 and 2014 is provided below: For the six months ended June 30, ($ in thousands) 2015 2014 Shareholders' equity, beginning of period $ 40,156 $ 13,006 Net (loss) income (2,020 ) 31,288 Dividends paid on common stock (15,601 ) - Dividends paid on preferred stock (13 ) (13 ) Stock based compensation 352 507 Treasury stock purchases (125 ) (399 ) Changes in pension and postretirement benefit plans 521 297 Shareholders' equity, end of period $ 23,270 $ 44,686 Special Cash Dividend On May 14, 2015 2.60 The record date for the special cash dividend was June 19, 2015 36.0

Segment Information

Segment Information	6 Months Ended
	Jun. 30, 2015
Segment Information [Abstract]
Segment Information	NOTE 11: SEGMENT INFORMATION The Company's two The UC segment is a premier provider of hosted Unified Communications as a Service (UCaaS) including VoIP, hosted Microsoft communication services, fixed mobile convergence and advanced voice applications for a broad customer base including, medium and large-sized businesses and enterprise business customers. The Telephone segment operates as an ILEC in southern Orange County, New York and northern New Jersey. The Telephone segment consists of providing local and toll telephone service, high-speed broadband and fiber Internet access services and satellite video services to residential and business customers. The ILEC service areas are primarily rural and have an estimated population of 50,000. We also operate as a CLEC in Middletown, New York, Scotchtown, New York and Vernon, New Jersey. The segment results presented below are not necessarily indicative of the results of operations these segments would have achieved had they operated as stand-alone entities during the periods presented. All intersegment transactions are shown net of eliminations. Segment statement of operations information for the three months ended June 30, 2015 and 2014 is set forth below: For the three months ended June 30, 2015 2014 UC Telephone Consolidated UC Telephone Consolidated Operating Revenues $ 4,524 $ 3,370 $ 7,894 $ 4,234 $ 3,370 $ 7,604 Operating Expenses Cost of services and products 2,338 1,005 3,343 1,889 978 2,867 Selling, general and administrative expense 3,614 1,980 5,594 3,351 1,911 5,262 Depreciation and amortization 867 383 1,250 539 380 919 Total Operating Expenses 6,819 3,368 10,187 5,779 3,269 9,048 Operating (Loss) Income (2,295 ) 2 (2,293 ) (1,545 ) 101 (1,444 ) Interest income (expense), net 3 (54 ) Income from investment - 50,333 Other income (expense), net (11 ) 6 (Loss) income before income taxes $ (2,301 ) $ 48,841 Segment statement of operations information for the six months ended June 30, 2015 and 2014 is set forth below: For the six months ended June 30, 2015 2014 UC Telephone Consolidated UC Telephone Consolidated Operating Revenues $ 8,985 $ 6,663 $ 15,648 $ 8,445 $ 6,683 $ 15,128 Operating Expenses Cost of services and products 4,501 1,985 6,486 3,915 2,004 5,919 Selling, general and administrative expense 6,737 3,912 10,649 7,012 3,948 10,960 Depreciation and amortization 1,727 765 2,492 1,060 762 1,822 Restructuring costs and other special charges - - - 56 44 100 Total Operating Expenses 12,965 6,662 19,627 12,043 6,758 18,801 Operating (Loss) Income (3,980 ) 1 (3,979 ) (3,598 ) (75 ) (3,673 ) Interest income (expense), net 12 (193 ) Income from investment - 52,373 Other income, net 1,490 27 (Loss) Income before income taxes $ (2,477 ) $ 48,534 The assets for the UC segment decreased during the six months ended June 30, 2015 primarily as a result of accelerated depreciation/amortization of office equipment and leasehold improvements associated with the exit of the office lease (see Note 13).

Commitments And Contingencies

Commitments And Contingencies	6 Months Ended
	Jun. 30, 2015
Commitments And Contingencies [Abstract]
Commitments And Contingencies	NOTE 12: COMMITMENTS AND CONTINGENCIES The Company is party, from time to time, to various legal proceedings, including patent infringement claims, regulatory investigations and tax examinations incidental to its business. The Company continually monitors these legal proceedings, regulatory investigations and tax examinations to determine the impact and any required accruals. On March 31, 2014, David J. Cuthbert was terminated as President and Chief Executive Officer of Alteva. The Company notified Mr. Cuthbert that his termination was for "cause" and, as such, Mr. Cuthbert was not entitled to any of the benefits provided for under his employment agreement dated March 5, 2013, including cash severance and the acceleration of vesting on any unvested equity instruments. Mr. Cuthbert disputed the Company's basis for termination and claimed that he was due his full severance benefits. The Company accrued $ 0.1 0.75 During the year ended December 31, 2014, the Company was named as a party to a lawsuit from Sprint regarding a certain tariff charge (IntraMTA carrier charge) billed by Alteva, paid by Sprint over a number of years that had not previously been disputed. Sprint has filed similar lawsuits against other carriers related to the same tariff charges. The Company has filed a motion to dismiss. The amount of the claim filed by Sprint is for $ 0.2

Office Relocation

Office Relocation	6 Months Ended
	Jun. 30, 2015
Office Relocation [Abstract]
Office Relocation	NOTE 13: OFFICE RELOCATION In February 2015, the Company entered into an agreement to terminate the lease for its corporate headquarters in Philadelphia, PA. As part of this agreement, the Company is entitled to receive a payment of $ 1.5 0.4 0.8 0.2 0.4 In connection with the lease termination, the Company entered into a lease for a new corporate headquarters in Philadelphia, PA dated February 27, 2015. The terms of the lease are for 10 0.4 2.5

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2015
Subsequent Events [Abstract]
Subsequent Events	NOTE 14: SUBSEQUENT EVENTS On July 29, 2015 the Federal Communications Commission ("FCC") released a public notice that, pursuant to the FCC's USF/ICC Transformation Order from 2011, a rule was adopted to eliminate high-cost universal service support in ILEC study areas where an unsubsidized carrier or a combination of unsubsidized carriers offers voice and broadband services that meet certain service obligations as defined by the FCC. The public notice published the study areas where there is preliminarily determined to be 100 100 three 0.3

Nature Of Operations And Crit21

Nature Of Operations And Critical Accounting Policies And Estimates (Policy)	6 Months Ended
	Jun. 30, 2015
Nature Of Operations And Critical Accounting Policies And Estimates [Abstract]
Basis Of Presentation	Basis of Presentation The accompanying unaudited interim condensed consolidated financial statements of the Company and its subsidiaries have been prepared in accordance with generally accepted accounting principles in the United States of America ("U.S. GAAP") for interim financial information, with the instructions to the Quarterly Report on Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. In the opinion of the Company's management, all adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation have been included. The operating results for the interim periods are not necessarily indicative of the results that may be expected for the entire year or any other future period. The consolidated balance sheet as of December 31, 2014 has been derived from the audited consolidated financial statements as of that date but does not include all of the information and footnotes required by U.S. GAAP for complete financial statements. The condensed consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. All material intercompany transactions and balances have been eliminated. The interim condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company's Annual Report on Form 10-K, as amended, for the year ended December 31, 2014.
Use Of Estimates	Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reported period. Significant estimates include, but are not limited to, depreciation and amortization expense, allowance for doubtful accounts, long-lived assets, pension and postretirement expenses, and income taxes. Actual results could differ from those estimates.
Revenue Recognition	Revenue Recognition The Company derives its revenue from the sale of UC services as well as traditional telephone services. The Company recognizes revenue when (i) persuasive evidence of an arrangement between the Company and the customer exists, (ii) the delivery of the product to the customer has occurred or service has been provided to the customer, (iii) the price to the customer is fixed or determinable, and (iv) collectability of the sales or service price is reasonably assured. Revenue is reported net of all applicable sales tax. UC The Company's UC services and solutions consist primarily of its hosted VoIP UC system, certain UC applications, and other professional services associated with the installation and activation. Additionally, the Company offers customers the ability to purchase telephone equipment from the Company directly or independently from external vendors. Multiple element arrangements primarily include the sale of telephone equipment, along with professional services associated with installation, activation and implementation services, as well as follow on hosting services. The Company has concluded that the separate units of accounting in these arrangements consist of (i) the telephone equipment sale and (ii) the professional services provided combined with the follow on hosting services. The professional services provided do not constitute a separate unit of accounting as they do not have value to the customer on a stand-alone basis. Arrangement consideration is allocated to the separate units of accounting based on the relative selling price. The selling price for telephone equipment is based on third-party evidence representing list prices for similar equipment when sold a stand-alone basis. The selling price for professional and hosting services is based on the Company's best estimate of selling price ("BESP"). The Company develops its BESP by considering pricing practices, margin, competition and overall market trends. The Company bills a portion of its monthly recurring hosted service revenue a month in advance. Any amounts billed and collected, but for which the service is not yet delivered, are included in deferred revenue. These amounts are recognized as revenues only when the service is delivered. Equipment sales associated with the sale of telephone equipment is recognized upon delivery to the customer, as it is considered to be a separate earnings process. The sales are recognized on a gross basis, as the Company is considered the primary obligor in customer transactions among other considerations. Other upfront fees, excluding equipment, along with associated costs, up to but not exceeding these fees, are deferred and recognized over the estimated life of the customer relationship. The Company has estimated its customer relationship life at eight Telephone Revenue is earned from monthly billings to customers for local voice services, long distance, DSL, Internet services, hardware and other services. Revenue is also derived from charges for network access to the local exchange telephone network from subscriber line charges and from contractual arrangements for services such as billing and collection and directory advertising. Revenue is recognized in the period in which service is provided to the customer. Directory advertising revenue is recorded ratably over the life of the directory. With multiple billing cycles, the Company accrues revenue earned but not yet billed at the end of a quarter. The Company also defers services billed in advance and recognizes them as income when earned. The Telephone segment markets competitive service bundles which may include multiple deliverables. The base bundles consist of voice services (including a business or residential phone line), calling features and long distance services and customers may choose to add internet services to a base bundle package. Separate units of accounting within the bundled packages include voice services, long distance and Internet services. Revenue for all services included in bundles is recognized over the same service period, which is the time period in which the service is provided to the customer. Certain revenue is realized under pooling arrangements with other service providers and is divided among the companies based on respective costs and investments to provide the services. The companies that take part in pooling arrangements may adjust their costs and investments for a period of two Revenue from these pooling arrangements which includes Universal Service Funds ("USF") and National Exchange Carrier Association ("NECA") pool settlements, accounted for 5 3
Materials And Supplies	Materials and Supplies The Company's materials and supplies are carried at average cost, net of reserves for obsolescence, and consist principally of telephone equipment, telephone pole and wiring spare parts and other ancillary equipment for resale.
Fair Value	Fair Value Fair value is the estimated price that would be received upon the sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The Company is required by accounting standards to provide the disclosure framework for measuring fair value and expanded disclosure about fair value measurements. Fair value measurements are classified and disclosed in one of the following categories: Level 1: Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. The Company considers active markets as those in which transactions for the assets or liabilities occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 2: These are inputs, other than quoted prices that are included in Level 1, which are observable in the marketplace throughout the term of the assets or liabilities, can be derived from observable data, or supported by observable levels at which transactions are executed in the marketplace. Level 3: Measured based on prices or valuation models that require inputs that are both significant to the fair value measurement and less observable from objective sources (i.e. supported by little or no market activity). The Company does not have sufficient corroborating evidence to support classifying these assets and liabilities as Level 1 or Level 2. Financial assets and liabilities are classified based on the lowest level of input that is significant to the fair value measurement. The Company's assessment of the significance of a particular input to the fair value measurement requires judgment, and may affect the valuation of the fair value of assets and liabilities and their placement within the fair value hierarchy levels.
Goodwill	Goodwill Goodwill represents the excess of the purchase price of an acquired business over the net fair value of identifiable assets acquired and liabilities assumed. Goodwill is not amortized, but rather is assessed for impairment at least annually. The Company tests goodwill for impairment at the reporting unit level annually on December 31, or whenever events or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying value. If it is determined that an impairment has occurred, the Company records a write down of the carrying value and records the charge for the impairment as an operating expense during the period in which the determination is made. The Company has determined that its operating segments are the applicable reporting units because they are the lowest level at which discrete, reliable financial and cash flow information is regularly reviewed by segment management. The Company only has goodwill that is associated with its UC segment, resulting from the purchase of certain assets and certain liabilities of Alteva, LLC in 2011. The Company is not aware of any events or circumstances that occurred during the six months ended June 30, 2015 that would have more likely than not reduced the fair value of this reporting unit below its carrying value.
Income Taxes	Income Taxes The Company records deferred taxes that arise from temporary differences between the financial statement and the tax basis of assets and liabilities. Deferred taxes are classified as current or non-current, depending on the classification of the assets and liabilities to which they relate. Deferred tax assets and deferred tax liabilities are adjusted for the effect of changes in tax laws and rates on the date of enactment. The Company's deferred taxes result principally from differences in the timing of depreciation, in the accounting for pensions and other postretirement benefits, and state net operating loss carryforwards. The process of providing for income taxes and determining the related balance sheet accounts requires management to assess uncertainties, make judgments regarding outcomes and utilize estimates. Management must make judgments currently about such uncertainties and determine estimates of the Company's tax assets and liabilities. To the extent the final outcome differs, future adjustments to the Company's tax assets and liabilities may be necessary. The Company assesses the realizability of its deferred tax assets, taking into consideration future reversals of existing temporary differences, the Company's forecast of future taxable income, and available tax planning strategies that could be implemented to realize the deferred tax assets. Based on this assessment, management must evaluate the need for, and the amount of, valuation allowances against the Company's deferred tax assets. To the extent facts and circumstances change in the future, adjustments to the valuation allowances may be required. Accounting for uncertainty in income taxes requires uncertain tax positions to be classified as non-current income tax liabilities unless they are expected to be paid within one year. The Company recognizes interest accrued related to unrecognized tax benefits in interest expense.
Stock-Based Compensation	Stock-Based Compensation The Company measures the cost of employee services received in exchange for the award of an equity instrument based on the grant-date fair value of the award, with such cost recognized over the applicable vesting period.
Accounting Policies	Accounting Policies There were no material changes to the Company's other accounting policies as presented in Item 8 of its Annual Report on Form 10-K, as amended, for the year ended December 31, 2014.

Seat Licenses And Other Intan22

Seat Licenses And Other Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2015
Finite-Lived Intangible Assets [Line Items]
Components Of Other Intangible Assets	Estimated Gross Accumulated Net ($ in thousands) Useful Lives Value Amortization Value As of June 30, 2015 Customer relationships 8 years $ 5,400 $ (2,643 ) $ 2,757 Trade name 15 years 2,400 (627 ) 1,773 Website 12 years 95 (30 ) 65 Total $ 7,895 $ (3,300 ) $ 4,595 Estimated Gross Accumulated Net ($ in thousands) Useful Lives Value Amortization Value As of December 31, 2014 Customer relationships 8 years $ 5,400 $ (2,306 ) $ 3,094 Trade name 15 years 2,400 (547 ) 1,853 Website 12 years 95 (22 ) 73 Total $ 7,895 $ (2,875 ) $ 5,020
Seat Licenses [Member]
Finite-Lived Intangible Assets [Line Items]
Components Of Other Intangible Assets	Estimated Gross Accumulated Net ($ in thousands) Useful Lives Value Amortization Value As of June 30, 2015 Seat licenses 5 years $ 3,376 $ (1,687 ) $ 1,689 Estimated Gross Accumulated Net ($ in thousands) Useful Lives Value Amortization Value As of December 31, 2014 Seat licenses 5 years $ 2,936 $ (1,393 ) $ 1,543

Orange County-Poughkeepsie Li23

Orange County-Poughkeepsie Limited Partnership (Tables)	6 Months Ended
	Jun. 30, 2015
Orange County-Poughkeepsie Limited Partnership [Abstract]
Summarized O-P Income Statement Information	For the three months ended ($ in thousands) June 30, 2014 Net sales $ 86,305 Cellular service cost 42,441 Operating expenses 23,037 Operating income 20,827 Other income 42 Net income $ 20,869 Company's share $ 558 For the six months ended ($ in thousands) June 30, 2014 Net sales $ 170,746 Cellular service cost 80,051 Operating expenses 44,726 Operating income 45,969 Other income 62 Net income $ 46,031 Company's share $ 2,597

Debt Obligations (Tables)

Debt Obligations (Tables)	6 Months Ended
	Jun. 30, 2015
Debt Obligations [Abstract]
Schedule Of Debt Obligations	As of ($ in thousands) June 30, 2015 December 31, 2014 Short-term debt: Capital leases and other borrowings, current portion $ 394 $ 325 Long-term debt: Capital leases and other borrowings 323 295 Total debt obligations $ 717 $ 620

Pension Plans And Postretirem25

Pension Plans And Postretirement Obligations (Tables)	6 Months Ended
	Jun. 30, 2015
Pension Plans And Postretirement Obligations [Abstract]
Components Of Net Periodic Cost (Gain)	The components of net periodic cost (benefit) for the three months ended June 30, 2015 and 2014 are as follows: Pension Benefits Postretirement Benefits For the three months ended For the three months ended ($ in thousands) June 30, 2015 June 30, 2014 June 30, 2015 June 30, 2014 Service cost $ 56 $ - $ 27 $ 3 Interest cost 191 201 23 27 Expected return on plan assets (223 ) (216 ) (8 ) (7 ) Amortization of prior service cost 14 14 (34 ) (49 ) Recognized actuarial loss 237 178 62 6 Net periodic benefit cost (benefit) $ 275 $ 177 $ 70 $ (20 ) The components of net periodic cost (benefit) for the six months ended June 30, 2015 and 2014 are as follows: Pension Benefits Postretirement Benefits For the six months ended For the six months ended ($ in thousands) June 30, 2015 June 30, 2014 June 30, 2015 June 30, 2014 Service cost $ 56 $ - $ 30 $ 6 Interest cost 391 413 49 59 Expected return on plan assets (447 ) (441 ) (16 ) (15 ) Amortization of prior service cost 28 28 (23 ) (98 ) Recognized actuarial loss 474 355 42 12 Net periodic benefit cost (benefit) $ 502 $ 355 $ 82 $ (36 )

Stock Based Compensation (Table

Stock Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2015
Stock Based Compensation [Abstract]
Schedule Of Restricted Stock Activity	For the six months ended June 30, 2015 Weighted Average Fair Shares Value Balance - nonvested at December 31, 2014 124,578 $ 9.84 Granted 80,701 7.37 Vested (59,594 ) 10.02 Forfeited (3,365 ) 9.94 Balance - nonvested at June 30, 2015 142,320 $ 8.37
Schedule Of Stock Option Activity	For the six months ended June 30, 2015 Weighted Weighted Average Average Contractual Options Shares Exercise Price Life (Years) Outstanding - Beginning of period 327,003 $ 12.18 Forfeited or expired (22,655 ) 11.02 Outstanding - End of period 304,348 $ 12.26 6.34 Vested and Expected to Vest at June 30, 2015 289,131 Exercisable at June 30, 2015 214,295

Earnings (Loss) Per Share (Tabl

Earnings (Loss) Per Share (Tables)	6 Months Ended
	Jun. 30, 2015
Earnings (Loss) Per Share [Abstract]
Schedule Of Weighted Average Number Of Shares Of Common Stock Used In Diluted Earnings (Loss) Per Share	For the three months ended June 30, (amounts in thousands, except for per share) 2015 2014 NUMERATOR: Net (loss) income applicable to common stock before participating securities $ (1,833 ) $ 31,530 Less: income applicable to participating securities (1) - (827 ) Net (loss) income applicable to common stock $ (1,833 ) $ 30,703 DENOMINATOR: Weighted average shares outstanding - Basic and Diluted (2) 5,859 5,917 EPS: Net (loss) income per share - Basic and Diluted $ (0.31 ) $ 5.19 (1) For the three months ended June 30, 2015 and 2014, the Company had 0.1 0.2 (2) For the three months ended June 30, 2015 and 2014, potentially dilutive shares related to out of the money common stock options that were excluded from EPS, as their effect was anti-dilutive, were nominal. For the six months ended June 30, (amounts in thousands, except for per share) 2015 2014 NUMERATOR: Net (loss) income applicable to common stock before participating securities $ (2,033 ) $ 31,275 Less: income applicable to participating securities (1) - (1,414 ) Net (loss) income applicable to common stock $ (2,033 ) $ 29,861 DENOMINATOR: Weighted average shares outstanding - Basic and Diluted (2) 5,844 5,842 EPS: Net (loss) income per share - Basic and Diluted $ (0.35 ) $ 5.11 (1) For the six months ended June 30, 2015 and 2014, the Company had 0.1 0.3 (2) For the six months ended June 30, 2015 and 2014, potentially dilutive shares related to out of the money common stock options that were excluded from EPS, as their effect was anti-dilutive, were nominal.

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	6 Months Ended
	Jun. 30, 2015
Shareholders' Equity [Abstract]
Summary Of The Changes To Shareholders' Equity	For the six months ended June 30, ($ in thousands) 2015 2014 Shareholders' equity, beginning of period $ 40,156 $ 13,006 Net (loss) income (2,020 ) 31,288 Dividends paid on common stock (15,601 ) - Dividends paid on preferred stock (13 ) (13 ) Stock based compensation 352 507 Treasury stock purchases (125 ) (399 ) Changes in pension and postretirement benefit plans 521 297 Shareholders' equity, end of period $ 23,270 $ 44,686

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jun. 30, 2015
Segment Information [Abstract]
Segment Reporting Information	Segment statement of operations information for the three months ended June 30, 2015 and 2014 is set forth below: For the three months ended June 30, 2015 2014 UC Telephone Consolidated UC Telephone Consolidated Operating Revenues $ 4,524 $ 3,370 $ 7,894 $ 4,234 $ 3,370 $ 7,604 Operating Expenses Cost of services and products 2,338 1,005 3,343 1,889 978 2,867 Selling, general and administrative expense 3,614 1,980 5,594 3,351 1,911 5,262 Depreciation and amortization 867 383 1,250 539 380 919 Total Operating Expenses 6,819 3,368 10,187 5,779 3,269 9,048 Operating (Loss) Income (2,295 ) 2 (2,293 ) (1,545 ) 101 (1,444 ) Interest income (expense), net 3 (54 ) Income from investment - 50,333 Other income (expense), net (11 ) 6 (Loss) income before income taxes $ (2,301 ) $ 48,841 Segment statement of operations information for the six months ended June 30, 2015 and 2014 is set forth below: For the six months ended June 30, 2015 2014 UC Telephone Consolidated UC Telephone Consolidated Operating Revenues $ 8,985 $ 6,663 $ 15,648 $ 8,445 $ 6,683 $ 15,128 Operating Expenses Cost of services and products 4,501 1,985 6,486 3,915 2,004 5,919 Selling, general and administrative expense 6,737 3,912 10,649 7,012 3,948 10,960 Depreciation and amortization 1,727 765 2,492 1,060 762 1,822 Restructuring costs and other special charges - - - 56 44 100 Total Operating Expenses 12,965 6,662 19,627 12,043 6,758 18,801 Operating (Loss) Income (3,980 ) 1 (3,979 ) (3,598 ) (75 ) (3,673 ) Interest income (expense), net 12 (193 ) Income from investment - 52,373 Other income, net 1,490 27 (Loss) Income before income taxes $ (2,477 ) $ 48,534

Nature Of Operations And Crit30

Nature Of Operations And Critical Accounting Policies And Estimates (Narrative) (Details)	6 Months Ended		12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Significant Accounting Policies [Line Items]
Cost adjustment period	2 years
Company's Revenues [Member]
Significant Accounting Policies [Line Items]
Percentage of regulatory revenue	5.00%	3.00%
Customer Relationships [Member]
Significant Accounting Policies [Line Items]
Estimated useful life	8 years		8 years

Seat Licenses And Other Intan31

Seat Licenses And Other Intangible Assets (Components Of Other Intangible Assets) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Finite-Lived Intangible Assets [Line Items]
Gross Value	$ 7,895	$ 7,895
Accumulated Amortization	(3,300)	(2,875)
Net Value	$ 4,595	$ 5,020
Seat Licenses [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Lives	5 years	5 years
Gross Value	$ 3,376	$ 2,936
Accumulated Amortization	(1,687)	(1,393)
Net Value	$ 1,689	$ 1,543
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Lives	8 years	8 years
Gross Value	$ 5,400	$ 5,400
Accumulated Amortization	(2,643)	(2,306)
Net Value	$ 2,757	$ 3,094
Trade Name [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Lives	15 years	5 years
Gross Value	$ 2,400	$ 2,400
Accumulated Amortization	(627)	(547)
Net Value	$ 1,773	$ 1,853
Website [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Lives	12 years	12 years
Gross Value	$ 95	$ 95
Accumulated Amortization	(30)	(22)
Net Value	$ 65	$ 73

Orange County-Poughkeepsie Li32

Orange County-Poughkeepsie Limited Partnership (Narrative) (Details) - USD ($)	Apr. 30, 2014	Jun. 30, 2015	Dec. 31, 2014	Dec. 31, 2012
Option Indexed to Issuer's Equity [Line Items]
Equity interest in O-P		8.108%
Equity method investment, amount the investment account was reduced to		$ 0	$ 0	$ 0
Put Option [Member]
Option Indexed to Issuer's Equity [Line Items]
Proceeds from exercise of stock options	$ 50,000,000
Proceeds on sale of ownership interest	$ 49,800,000

Orange County-Poughkeepsie Li33

Orange County-Poughkeepsie Limited Partnership (Summarized O-P Income Statement Information) (Details) - Jun. 30, 2014 - USD ($) $ in Thousands	Total	Total
Company's share	$ 50,333	$ 52,373
O-P [Member]
Net sales	86,305	170,746
Cellular service cost	42,441	80,051
Operating expenses	23,037	44,726
Operating income	20,827	45,969
Other income	42	62
Net income	20,869	46,031
Company's share	$ 558	$ 2,597

Debt Obligations (Narrative) (D

Debt Obligations (Narrative) (Details) $ in Millions	Nov. 07, 2014USD ($)
Demand Line Of Credit [Member]
Line of Credit Facility [Line Items]
Credit facility, amount available	$ 5

Debt Obligations (Schedule Of D

Debt Obligations (Schedule Of Debt Obligations) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Short-term debt	$ 394	$ 325
Capital leases and other borrowings	323	295
Total debt obligations	717	620
Capital Leases And Other Borrowings [Member]
Debt Instrument [Line Items]
Short-term debt	$ 394	$ 325

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Income Taxes [Abstract]
Statutory federal income tax rate	18.00%	36.00%
Unrecognized tax benefits, interest expense	$ 0	$ 0

Pension Plans And Postretirem37

Pension Plans And Postretirement Obligations (Narrative) (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Pension Plans And Postretirement Obligations [Abstract]
Company contributions	$ 0.1	$ 0.1

Pension Plans And Postretirem38

Pension Plans And Postretirement Obligations (Components Of Net Periodic Cost (Gain)) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 56		$ 56
Interest cost	191	$ 201	391	$ 413
Expected return on plan assets	(223)	(216)	(447)	(441)
Amortization of prior service cost	14	14	28	28
Recognized actuarial loss	237	178	474	355
Net periodic benefit cost (benefit)	275	177	502	355
Postretirement Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	27	3	30	6
Interest cost	23	27	49	59
Expected return on plan assets	(8)	(7)	(16)	(15)
Amortization of prior service cost	(34)	(49)	(23)	(98)
Recognized actuarial loss	62	6	42	12
Net periodic benefit cost (benefit)	$ 70	$ (20)	$ 82	$ (36)

Stock Based Compensation (Narra

Stock Based Compensation (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	Sep. 02, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014	Aug. 25, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Minimum exercise price per share of stock options as a percentage of grant date fair market value		100.00%
Stock option or stock appreciation term, maximum		10 years
Share repurchase program, authorized amount					$ 3,000
Shares repurchased		902,000		885,000
Shares repurchased, value		$ 8,202		$ 8,077
August 25, 2014 Share Repurchase Program [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares repurchased		11,057
Shares repurchased, value		$ 100
Series A Junior Participating Preferred Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of rights per share	1
Number of shares per right	0.001
Preferred shares, par value	$ 0.01
Purchase price per share	$ 22.20
Percentage of common stock needed to be acquired for rights to become exercisable	20.00%
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense		300	$ 500
Total fair value of vested restricted stock		600
Total unrecognized stock options compensation expense		$ 900
Weighted average period of recognition for total unrecognized stock options compensation expense		2 years 4 months 24 days
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted		0
Long-Term Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized for plan		1,100,000
Shares available for grant		382,198		420,392
Minimum [Member] | Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		2 years
Maximum [Member] | Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		3 years

Stock Based Compensation (Sched

Stock Based Compensation (Schedule Of Restricted Stock Activity) (Details) - 6 months ended Jun. 30, 2015 - $ / shares	Total
Stock Based Compensation [Abstract]
Balance - Beginning of period, Shares	124,578
Granted, Shares	80,701
Vested, Shares	(59,594)
Forfeited, Shares	(3,365)
Balance - End of period, Shares	142,320
Balance - Beginning of period, Grant Date Weighted Average Price per Share	$ 9.84
Granted, Grant Date Weighted Average per Share	7.37
Vested, Grant Date Weighted Average per Share	10.02
Forfeited, Grant Date Weighted Average per Share	9.94
Balance - End of period, Grant Date Weighted Average Price per Share	$ 8.37

Stock Based Compensation (Sch41

Stock Based Compensation (Schedule Of Stock Option Activity) (Details) - Jun. 30, 2015 - $ / shares	Total
Stock Based Compensation [Abstract]
Outstanding - Beginning of period, Shares	327,003
Forfeited or expired, Shares	(22,655)
Outstanding - End of period, Shares	304,348
Vested and Expected to Vest at June 30, 2015, shares	289,131
Exercisable at June 30, 2015, Shares	214,295
Outstanding - Beginning of period, Weighted Average Exercise Price	$ 12.18
Forfeited or expired, Weighted Average Exercise Price	11.02
Outstanding - End of period, Weighted Average Exercise Price	$ 12.26
Outstanding - End of period, Weighted Average Contractual Life (Years)	6 years 4 months 2 days

Earnings (Loss) Per Share (Sche

Earnings (Loss) Per Share (Schedule Of Weighted Average Number Of Shares Of Common Stock Used In Diluted Earnings (Loss) Per Share) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Earnings (Loss) Per Share [Abstract]
Net (loss) income applicable to common stock and participating securities	$ (1,833)	$ 31,530	$ (2,033)	$ 31,275
Less: income applicable to participated securities		(827)		(1,414)
Net (loss) income applicable to common stock	$ (1,833)	$ 30,703	$ (2,033)	$ 29,861
Weighted average shares outstanding - Basic and Diluted	5,859	5,917	5,844	5,842
Net (loss) income per share - Basic and Diluted	$ (0.31)	$ 5.19	$ (0.35)	$ 5.11
Outstanding participating securities	100	200	100	300

Shareholders' Equity (Narrative

Shareholders' Equity (Narrative) (Details) - $ / shares	6 Months Ended
	Jun. 30, 2015	May. 14, 2015
Shareholders' Equity [Abstract]
Dividend declaration date	May 14, 2015
Special cash dividend, amount per share		$ 2.60
Dividend record date	Jun. 19, 2015
Percent of closing stock price		36.00%

Shareholders' Equity (Summary O

Shareholders' Equity (Summary Of The Changes To Shareholders' Equity) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Shareholders' Equity [Abstract]
Shareholders' equity, beginning of period			$ 40,156	$ 13,006
Net (loss) income	$ (1,826)	$ 31,537	(2,020)	31,288
Dividends paid on common stock			(15,601)
Dividends paid on preferred stock			(13)	(13)
Stock based compensation			352	507
Treasury stock purchases			(125)	(399)
Changes in pension and postretirement benefit plans			521	297
Shareholders' equity, end of period	$ 23,270	$ 44,686	$ 23,270	$ 44,686

Segment Information (Narrative)

Segment Information (Narrative) (Details)	6 Months Ended
	Jun. 30, 2015segment
Segment Information [Abstract]
Number of segments	2

Segment Information (Segment In

Segment Information (Segment Income Statement Information) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Segment Reporting Information [Line Items]
Operating Revenues	$ 7,894	$ 7,604	$ 15,648	$ 15,128
Cost of services and products	3,343	2,867	6,486	5,919
Selling, general and administration expense	5,594	5,262	10,649	10,960
Depreciation and amortization	1,250	919	2,492	1,822
Restructuring costs and other special charges				100
Total operating expenses	10,187	9,048	19,627	18,801
Operating loss	(2,293)	(1,444)	(3,979)	(3,673)
Interest income (expense), net	3	(54)	12	(193)
Income from investment		50,333		52,373
Other income (expense), net	(11)	6	1,490	27
(Loss) income before income taxes	(2,301)	48,841	(2,477)	48,534
Unified Communications [Member]
Segment Reporting Information [Line Items]
Operating Revenues	4,524	4,234	8,985	8,445
Cost of services and products	2,338	1,889	4,501	3,915
Selling, general and administration expense	3,614	3,351	6,737	7,012
Depreciation and amortization	867	539	1,727	1,060
Restructuring costs and other special charges				56
Total operating expenses	6,819	5,779	12,965	12,043
Operating loss	(2,295)	(1,545)	(3,980)	(3,598)
Telephone [Member]
Segment Reporting Information [Line Items]
Operating Revenues	3,370	3,370	6,663	6,683
Cost of services and products	1,005	978	1,985	2,004
Selling, general and administration expense	1,980	1,911	3,912	3,948
Depreciation and amortization	383	380	765	762
Restructuring costs and other special charges				44
Total operating expenses	3,368	3,269	6,662	6,758
Operating loss	$ 2	$ 101	$ 1	$ (75)

Commitments And Contingencies (

Commitments And Contingencies (Narrative) (Details) - USD ($) $ in Thousands	Oct. 28, 2014	Dec. 31, 2014	Jun. 30, 2015
Commitments And Contingencies [Line Items]
Settlement amount	$ 750
Sprint Lawsuit [Member]
Commitments And Contingencies [Line Items]
Claim amount		$ 200
Employee Severance [Member]
Commitments And Contingencies [Line Items]
Amount accrued for litigation			$ 100

Office Relocation (Details)

Office Relocation (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended		6 Months Ended
	Feb. 28, 2015	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Segment Reporting Information [Line Items]
Proceeds from lease termination agreement	$ 1,500
Income from lease termination		$ (11)	$ 6	$ 1,490	$ 27
Accelerated depreciation		400		$ 800
Term of lease				10 years
Minimum rental payments due in next twelve months		$ 400		$ 400
Percentage increase in lease payment		2.50%		2.50%
Unified Communications [Member]
Segment Reporting Information [Line Items]
Accelerated deferred rent		$ 200		$ 400

Subsequent Events (Details)

Subsequent Events (Details) - USD ($) $ in Millions	Jul. 29, 2015	Dec. 31, 2014
Subsequent Event [Line Items]
Subsidies received		$ 0.3
Subsequent Event [Member]
Subsequent Event [Line Items]
Percent overlap	100.00%
Phase-out period	3 years
Subsequent Event [Member] | New Jersey Study Area [Member]
Subsequent Event [Line Items]
Percent overlap	100.00%