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Document and Entity Information - shares	9 Months Ended
Document and Entity Information - shares	Sep. 30, 2012	Oct. 31, 2012
Entity Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2012
Document Fiscal Year Focus	2012
Document Fiscal Period Focus	Q3
Trading Symbol	PTGI
Entity Registrant Name	PRIMUS TELECOMMUNICATIONS GROUP INC
Entity Central Index Key	0001006837
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		13,899,543

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
NET REVENUE	$ 63,911	$ 74,308	$ 197,301	$ 221,500
OPERATING EXPENSES
Cost of revenue (exclusive of depreciation included below)	31,511	36,808	97,306	109,671
Selling, general and administrative	23,260	27,242	78,415	84,094
Depreciation and amortization	7,517	8,630	22,944	26,904
(Gain) loss on sale or disposal of assets	131	53	174	51
Total operating expenses	62,419	72,733	198,839	220,720
INCOME (LOSS) FROM OPERATIONS	1,492	1,575	(1,538)	780
INTEREST EXPENSE	(6,325)	(7,576)	(20,098)	(24,054)
ACCRETION (AMORTIZATION) ON DEBT PREMIUM/DISCOUNT, net	(55)	(55)	(170)	(158)
GAIN (LOSS) ON EARLY EXTINGUISHMENT OR RESTRUCTURING OF DEBT	(21,083)	(6,853)	(21,083)	(6,853)
GAIN (LOSS) FROM CONTINGENT VALUE RIGHTS VALUATION	235	11,367	(4,916)	7,079
INTEREST INCOME AND OTHER INCOME (EXPENSE), net	(26)	2,203	120	1,797
FOREIGN CURRENCY TRANSACTION GAIN (LOSS)	2,834	(5,366)	3,233	(2,794)
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	(22,928)	(4,705)	(44,452)	(24,203)
INCOME TAX BENEFIT (EXPENSE)	43	34	741	625
INCOME (LOSS) FROM CONTINUING OPERATIONS	(22,885)	(4,671)	(43,711)	(23,578)
INCOME (LOSS) FROM DISCONTINUED OPERATIONS, net of tax	(2,459)	(4,882)	(18,009)	(12,849)
GAIN (LOSS) FROM SALE OF DISCONTINUED OPERATIONS, net of tax			98,666
NET INCOME (LOSS)	(25,344)	(9,553)	36,946	(36,427)
Less: Net (income) loss attributable to the noncontrolling interest	307	(457)	18	820
NET INCOME (LOSS) ATTRIBUTABLE TO PRIMUS TELECOMMUNICATIONS GROUP, INCORPORATED	$ (25,037)	$ (10,010)	$ 36,964	$ (35,607)
BASIC INCOME (LOSS) PER COMMON SHARE:
Income (loss) from continuing operations attributable to Primus Telecommunications Group, Incorporated	$ (1.63)	$ (0.37)	$ (3.16)	$ (1.78)
Income (loss) from discontinued operations	(0.18)	(0.36)	(1.30)	(1.01)
Gain (loss) from sale of discontinued operations			7.14
Net income (loss) attributable to Primus Telecommunications Group, Incorporated	(1.81)	(0.73)	2.68	(2.79)
DILUTED INCOME (LOSS) PER COMMON SHARE:
Income (loss) from continuing operations attributable to Primus Telecommunications Group, Incorporated	(1.63)	(0.37)	(3.16)	(1.78)
Income (loss) from discontinued operations	(0.18)	(0.36)	(1.30)	(1.01)
Gain (loss) from sale of discontinued operations			7.14
Net income (loss) attributable to Primus Telecommunications Group, Incorporated	$ (1.81)	$ (0.73)	$ 2.68	$ (2.79)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING
Basic	13,890	13,715	13,825	12,759
Diluted	13,890	13,715	13,825	12,759
DIVIDENDS DECLARED PER BASIC WEIGHTED AVERAGE COMMON SHARES OUTSTANDING			$ 1.02
AMOUNTS ATTRIBUTABLE TO COMMON SHAREHOLDERS OF PRIMUS TELECOMMUNICATIONS GROUP, INCORPORATED
Income (loss) from continuing operations, net of tax	$ (22,578)	$ (5,128)	$ (43,693)	$ (22,758)
INCOME (LOSS) FROM DISCONTINUED OPERATIONS, net of tax	(2,459)	(4,882)	(18,009)	(12,849)
GAIN (LOSS) FROM SALE OF DISCONTINUED OPERATIONS, net of tax			98,666
NET INCOME (LOSS) ATTRIBUTABLE TO PRIMUS TELECOMMUNICATIONS GROUP, INCORPORATED	$ (25,037)	$ (10,010)	$ 36,964	$ (35,607)

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2012	Dec. 31, 2011
CURRENT ASSETS:
Cash and cash equivalents	$ 66,024	$ 41,052
Accounts receivable (net of allowance for doubtful accounts receivable of $1,962 and $7,552 at September 30, 2012 and December 31, 2011, respectively)	19,119	81,609
Prepaid expenses and other current assets	14,349	15,539
Assets held for sale	45,527
Total current assets	145,019	138,200
RESTRICTED CASH	859	11,891
PROPERTY AND EQUIPMENT - Net	64,680	152,180
GOODWILL	65,081	71,902
OTHER INTANGIBLE ASSETS - Net	75,787	135,677
OTHER ASSETS	16,689	33,974
TOTAL ASSETS	368,115	543,824
CURRENT LIABILITIES:
Accounts payable	11,330	46,627
Accrued interconnection costs	2,726	24,103
Deferred revenue	9,311	12,258
Accrued expenses and other current liabilities	20,707	44,384
Accrued income taxes	7,578	10,617
Accrued interest	5,440	5,889
Current portion of long-term obligations	116	1,948
Liabilities held for sale	35,544
Total current liabilities	92,752	145,826
LONG-TERM OBLIGATIONS	117,882	245,814
DEFERRED TAX LIABILITY	15,614	31,311
CONTINGENT VALUE RIGHTS	21,112	16,196
OTHER LIABILITIES	894	2,971
Total liabilities	248,254	442,118
COMMITMENTS AND CONTINGENCIES (See Note 6)
STOCKHOLDERS' EQUITY:
Preferred stock, $0.001 par value - 20,000,000 shares authorized; none issued and outstanding
Common stock, $0.001 par value - 80,000,000 shares authorized; 13,931,169 and 13,772,646 shares issued and 13,899,543 and 13,741,020 shares outstanding at September 30, 2012 and December 31, 2011, respectively	14	14
Additional paid-in capital	140,860	142,796
Accumulated deficit	(14,121)	(51,085)
Treasury stock, at cost - 31,626 and 31,626 shares at September 30, 2012 and December 31, 2011, respectively	(378)	(378)
Accumulated other comprehensive income (loss)	(6,514)	2,416
Total stockholders' equity before noncontrolling interest	119,861	93,763
Noncontrolling interest		7,943
Total stockholders' equity	119,861	101,706
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 368,115	$ 543,824

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2012	Dec. 31, 2011
Accounts receivable, allowance for doubtful accounts receivable	$ 1,962	$ 7,552
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	20,000,000	20,000,000
Preferred stock, shares issued
Preferred stock, shares outstanding
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	80,000,000	80,000,000
Common stock, shares issued	13,931,169	13,772,646
Common stock, shares outstanding	13,899,543	13,741,020
Treasury stock, shares	31,626	31,626

CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIT) - 9 months ended Sep. 30, 2012 - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock [Member]	Additional Paid-In Capital [Member]	Treasury Stock [Member]	Retained Earnings Accumulated (Deficit) [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Noncontrolling Interest [Member]
Beginning Balance at Dec. 31, 2011	$ 101,706	$ 14	$ 142,796	$ (378)	$ (51,085)	$ 2,416	$ 7,943
Beginning Balance, Shares at Dec. 31, 2011		13,741
Share-based compensation expense	5,018		5,018
Proceeds from sale of common stock, net	93		93
Proceeds from sale of common stock, net, Shares		159
Taxes paid in lieu of shares issued for share-based compensation	(1,584)		(1,584)
Dividends declared	(14,117)		(14,117)
Acquisition of noncontrolling interest			8,654				(8,654)
Comprehensive income (loss):
Net income (loss)	36,946				36,964		(18)
Foreign currency translation adjustment	(8,201)					(8,930)	$ 729
Comprehensive income (loss)	28,745
Ending Balance at Sep. 30, 2012	$ 119,861	$ 14	$ 140,860	$ (378)	$ (14,121)	$ (6,514)
Ending Balance, Shares at Sep. 30, 2012		13,900

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$ 36,946	$ (36,427)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Provision for doubtful accounts receivable	3,389	6,530
Share-based compensation expense	5,018	4,094
Depreciation and amortization	35,160	48,887
(Gain) loss on sale or disposal of assets	(97,564)	61
Impairment of goodwill and long-lived assets	10,298	14,679
Accretion (amortization) of debt premium/discount, net	170	158
Change in fair value of Contingent Value Rights	4,916	(7,079)
Deferred income taxes	4,045	(2,151)
(Gain) loss on early extinguishment or restructuring of debt	21,083	6,853
Unrealized foreign currency transaction (gain) loss on intercompany and foreign debt	(6,208)	5,419
Changes in assets and liabilities, net of acquisitions:
(Increase) decrease in accounts receivable	15,181	1,419
(Increase) decrease in prepaid expenses and other current assets	5,011	2,123
(Increase) decrease in other assets	5,169	2,882
Increase (decrease) in accounts payable	(8,069)	(12,023)
Increase (decrease) in accrued interconnection costs	(3,578)	(2,748)
Increase (decrease) in accrued expenses, deferred revenue, other current liabilities and other liabilities, net	(5,989)	(10,788)
Increase (decrease) in accrued income taxes	(978)	61
Increase (decrease) in accrued interest	(146)	4,048
Net cash provided by operating activities	23,854	25,998
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of property and equipment	(25,135)	(22,789)
Sale of property and equipment and intangible assets	17
Cash from disposition of business, net of cash disposed	177,721
Cash acquired from business acquisitions, net of cash paid	(1,707)	9,599
Sales of marketable securities		4,087
Increase in restricted cash	(85)	(77)
Net cash provided by (used in) investing activities	150,811	(9,180)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from long-term obligations		11,625
Principal payments on long-term obligations	(120,725)	(38,329)
Payment of fees on restructuring of debt	(12,856)	(2,452)
Proceeds from sale of common stock, net	93	1,202
Payment of dividends	(13,804)
Payment to noncontrolling interest		(1,205)
Purchase of treasury stock		(378)
Taxes paid in lieu of shares issued for share-based compensation	(1,584)
Net cash used in financing activities	(148,876)	(29,537)
EFFECTS OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	(817)	(1,582)
NET CHANGE IN CASH AND CASH EQUIVALENTS	24,972	(14,301)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	41,052	41,534
CASH AND CASH EQUIVALENTS, END OF PERIOD	66,024	27,233
SUPPLEMENTAL CASH FLOW INFORMATION:
Cash paid for interest	18,070	19,356
Cash paid for taxes	$ 2,311	453
Non-cash investing and financing activities:
Capital lease additions		14,874
Acquisition purchase consideration recorded in working-capital and long-term liabilities		2,507
Business acquisition purchased with Company common stock		50,609
Prepayment premium associated with debt restructuring converted into new debt		$ 22,666

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Net income (loss)	$ (25,344)	$ (9,553)	$ 36,946	$ (36,427)
OTHER COMPREHENSIVE INCOME (LOSS)
Foreign currency translation adjustment	1,114	(2,451)	(8,201)	(2,322)
COMPREHENSIVE INCOME (LOSS)	(24,230)	(12,004)	28,745	(38,749)
Less: Comprehensive (income) loss attributable to the noncontrolling interest	(465)	(375)	(711)	791
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO PRIMUS TELECOMMUNICATIONS GROUP, INCORPORATED	$ (24,695)	$ (12,379)	$ 28,034	$ (37,958)

- Definition

The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the reporting entity. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, but excludes any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent.

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- Definition

The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to noncontrolling interests. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent.

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- Definition

The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the economic entity, including both controlling (parent) and noncontrolling interests. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, including any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent.

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- Definition

The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

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BASIS OF PRESENTATION

9 Months Ended

Sep. 30, 2012

BASIS OF PRESENTATION

1. BASIS OF PRESENTATION

The accompanying unaudited condensed consolidated financial statements of Primus Telecommunications Group, Incorporated (“PTGi” and, together with its subsidiaries, “Primus,” the “Company,” “we” and “our”) have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”) for interim financial reporting and Securities and Exchange Commission (“SEC”) regulations. Certain information and footnote disclosures normally included in the financial statements prepared in accordance with US GAAP have been condensed or omitted pursuant to such principles and regulations. In the opinion of management, the financial statements reflect all adjustments (all of which are of a normal and recurring nature), which are necessary to present fairly the financial position, results of operations, cash flows and comprehensive income (loss) for the interim periods. The results for the Company’s three and nine months ended September 30, 2012 are not necessarily indicative of the results that may be expected for the year ending December 31, 2012.

The results for all periods presented in this Quarterly Report on Form 10-Q reflect the activities of certain operations as discontinued operations (see Note 12—“Discontinued Operations”).

The financial statements should be read in conjunction with the Company’s audited consolidated financial statements included in the Company’s most recently filed Annual Report on Form 10-K.

On June 23, 2011, PTGi began to trade its common stock on the New York Stock Exchange under the ticker symbol “PTGI.” At that time, trading of its common stock on the OTC Bulletin Board under the ticker symbol “PMUG” ceased.

- Definition

The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure.

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

9 Months Ended

Sep. 30, 2012

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Principles of Consolidation—The condensed consolidated financial statements include the Company’s accounts, its wholly-owned subsidiaries and all other subsidiaries over which the Company exerts control. Prior to July 31, 2012, the Company owned 45.6% of Globility Communications Corporation (“Globility”) through direct and indirect ownership structures. As a result of changes to the Telecommunications Act in Canada, the Company is no longer restricted by Canadian foreign ownership laws. Given these changes, Primus Telecommunications International, Inc. (“PTII”) purchased the remaining 54.4% of Globility on July 31, 2012. The results of Globility and its subsidiary are consolidated with the Company’s results based on guidance from the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) No. 810, “Consolidation” (“ASC 810”). All intercompany profits, transactions and balances have been eliminated in consolidation.

Discontinued Operations—During 2011, the Company sold its Brazilian segment. In the second quarter of 2012, the Company sold its Australian segment and committed to dispose of and is actively soliciting a sale or other disposition of its International Carrier Services (“ICS”) business unit.

The Company has applied retrospective adjustments for the three and nine months ended September 30, 2011 to reflect the effects of the discontinued operations that occurred during 2012. Accordingly, revenue, costs, and expenses of the discontinued operations have been excluded from the respective captions in the condensed consolidated statements of operations. Additionally the assets and liabilities of ICS have been classified as held for sale assets and liabilities and removed from the specific line items on the condensed consolidated balance sheet as of September 30, 2012. See Note 12—“Discontinued Operations,” for further information regarding these transactions.

Property and Equipment—Property and equipment are recorded at cost less accumulated depreciation, which is provided on the straight-line method over the estimated useful lives of the assets. Cost includes major expenditures for improvements and replacements which extend useful lives or increase capacity of the assets as well as expenditures necessary to place assets into readiness for use. Expenditures for maintenance and repairs are expensed as incurred. The estimated useful lives of property and equipment are as follows: network equipment—5 to 8 years, fiber optic and submarine cable—8 to 25 years, furniture and equipment—5 years, and leasehold improvements and leased equipment—shorter of lease or useful life. Costs for internal use software that are incurred in the preliminary project stage and in the post-implementation stage are expensed as incurred. Costs incurred during the application development stage are capitalized and amortized over the estimated useful life of the software.

Business Combinations—The Company is required to allocate the purchase price of acquired companies to the tangible and intangible assets acquired and liabilities assumed based on their estimated fair values. This valuation requires management to make significant estimates and assumptions, especially with respect to intangible assets associated with such assets. Critical estimates in valuing certain of the intangible assets and subsequently assessing the realizability of such assets include, but are not limited to, future expected cash flows from the revenues, customer contracts and discount rates. Management’s estimates of fair value are based on assumptions believed to be reasonable but which are inherently uncertain and unpredictable. Assumptions may be incomplete or inaccurate and unanticipated events and circumstances may occur.

Goodwill and Other Intangible Assets—Under ASC No. 350, “Intangibles—Goodwill and Other” (“ASC 350”), goodwill and indefinite lived intangible assets are not amortized but are reviewed annually for impairment, or more frequently, if impairment indicators arise. Intangible assets that have finite lives are amortized over their estimated useful lives and are subject to the provisions of ASC No. 360, “Property, Plant and Equipment” (“ASC 360”).

Goodwill impairment is tested at least annually (October 1 for the Company) or when factors indicate potential impairment using a two-step process that begins with an estimation of the fair value of each reporting unit. Step 1 is a screen for potential impairment pursuant to which the estimated fair value of each reporting unit is compared to its carrying value. The Company estimates the fair values of each reporting unit by a combination of (i) estimation of the discounted cash flows of each of the reporting units based on projected earnings in the future (the income approach) and (ii) a comparative analysis of revenue and EBITDA multiples of public companies in similar markets (the market approach). If there is a deficiency (the estimated fair value of a reporting unit is less than its carrying value), a Step 2 test is required.

Step 2 measures the amount of impairment loss, if any, by comparing the implied fair value of the reporting unit goodwill with its carrying amount. The implied fair value of goodwill is determined in the same manner as the amount of goodwill recognized in a business combination is determined; i.e., through an allocation of the fair value of a reporting unit to all of the assets and liabilities of that unit as if the reporting unit had been acquired in a business combination. If the carrying amount of the reporting unit goodwill exceeds the implied fair value of that goodwill, an impairment loss shall be recognized in an amount equal to that excess.

The Company’s reporting units are the same as its operating segments, except as discussed in Note 4 related to Arbinet, as each segment’s components have been aggregated and deemed a single reporting unit because they have similar economic characteristics. Each component is similar in that each provides telecommunications services for which all of the resources and costs are drawn from the same pool, and are evaluated using the same business factors by management.

Estimating the fair value of a reporting unit requires various assumptions including projections of future cash flows, perpetual growth rates and discount rates. The assumptions about future cash flows and growth rates are based on the Company’s assessment of a number of factors, including the reporting unit’s recent performance against budget, performance in the market that the reporting unit serves, and industry and general economic data from third party sources. Discount rate assumptions are based on an assessment of the risk inherent in those future cash flows. Changes to the underlying businesses could affect the future cash flows, which in turn could affect the fair value of the reporting unit.

Intangible assets not subject to amortization consist of certain trade names. Such indefinite lived intangible assets are tested for impairment annually, or more frequently if events or changes in circumstances indicate that the asset might be impaired. The impairment test shall consist of a comparison of the fair value of an intangible asset with its carrying amount. If the carrying amount of the intangible asset exceeds its fair value, an impairment loss shall be recognized in an amount equal to the excess.

Intangible assets subject to amortization consist of certain trade names and customer relationships. These finite lived intangible assets are amortized based on their estimated useful lives. Such assets are subject to the impairment provisions of ASC 360, pursuant to which impairment is recognized and measured only if there are events and circumstances that indicate that the carrying amount may not be recoverable. The carrying amount is not recoverable if it exceeds the sum of the undiscounted cash flows expected to result from the use of the asset group. An impairment loss is recorded if after determining that it is not recoverable, the carrying amount exceeds the fair value of the asset.

Derivative Instruments—Pursuant to the terms of the Company’s 2009 bankruptcy reorganization (the “Reorganization Plan”), the Company issued to holders of the Company’s pre-Reorganization Plan common stock contingent value rights (“CVRs”) to receive up to an aggregate of 2,665,000 shares (the “CVR Shares”) of PTGi’s common stock. In connection with the issuance of the CVRs, the Company entered into a Contingent Value Rights Distribution Agreement (the “CVR Agreement”), in favor of holders of CVRs thereunder, dated as of July 1, 2009. As a result of the special cash dividend discussed in Note 8—“Stockholders’ Equity,” effective July 2, 2012, the maximum aggregate number of CVR Shares issuable with respect to the CVRs was adjusted upward from 2,665,000 shares to 2,835,225 shares while the strike price with respect to the CVRs was adjusted downward from $35.95 to $33.79.

Due to the nature of the CVRs, the Company accounted for the instrument in accordance with ASC No. 815, “Derivatives and Hedging,” as well as related interpretations of this standard. The Company determined the CVRs to be derivative instruments to be accounted for as liabilities and marked to fair value at each balance sheet date. Upon issuance, the Company estimated the fair value of its CVRs using a Black-Scholes pricing model and consequently recorded a liability of $2.6 million in the balance sheet caption “other liabilities” as part of fresh-start accounting. Post-issuance change in value is reflected in the condensed consolidated statements of operations as gain (loss) from contingent value rights valuation. The Company’s estimates of fair value of its CVRs are correlated to and reflective of PTGi’s common stock price trends; in general, as the value of PTGi’s common stock increases, the estimated fair value of the CVRs also increases and, as a result, the Company recognizes a change in value of its CVRs as loss from contingent value rights valuation. Conversely and also in general, as the value of PTGi’s common stock decreases, the estimated fair value of the CVRs also decreases and as a result the Company recognizes a change in value of the CVRs as gain from contingent value rights valuation. See Note 10—“Fair Value of Financial Instruments and Derivatives.”

Use of Estimates—The preparation of condensed consolidated financial statements in conformity with US GAAP requires management to make estimates and assumptions. These estimates and assumptions affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of net revenue and expenses during the reporting period. Actual results may differ from these estimates. Significant estimates include allowance for doubtful accounts receivable, accrued interconnection cost disputes, the fair value of derivatives, market assumptions used in estimating the fair values of certain assets and liabilities, the calculation used in determining the fair value of PTGi’s stock options required by ASC No. 718, “Compensation—Stock Compensation,” income taxes and various legal and tax contingencies.

Estimates of fair value represent the Company’s best estimates developed with the assistance of independent appraisals or various valuation techniques including Black-Scholes and, where the foregoing have not yet been completed or are not available, industry data and trends and by reference to relevant market rates and transactions. The estimates and assumptions are inherently subject to significant uncertainties and contingencies beyond the control of the Company. Accordingly, the Company cannot provide assurance that the estimates, assumptions, and values reflected in the valuations will be realized, and actual results could vary materially. Any adjustments to the recorded fair values of these assets and liabilities, as related to business combinations, may impact the amount of recorded goodwill.

Reclassification —Certain previous year amounts have been reclassified to conform with current year presentations, as related to the reporting of the Company’s discontinued operations. In addition, certain amounts in selling, general and administrative expense related to our Data Center operating segment were reclassified to cost of revenue as part of the Company’s new operating segment structure discussed in Note 11—“Operating Segment and Related Information.”

Newly Adopted Accounting Principles

In May 2011, an update was issued to the Fair Value Measurement Topic ASC 820, ASU 2011-04, “Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs,” which provides guidance on how to measure fair value and on what disclosures to provide about fair value measurements. It seeks to develop a single, converged fair value framework between the FASB and the International Financial Reporting Standards (“IFRS”) Board. On January 1, 2012, the Company adopted this update, which did not have a material impact on the condensed consolidated financial statements.

In June 2011, an update was issued to the Comprehensive Income Topic ASC 220, ASU 2011-05, “Presentation of Comprehensive Income,” which provides guidance to all entities that report items of other comprehensive income, in any period presented. Under the amendments in this update, an entity has the option to present the total of comprehensive income, the components of net income, and the components of other comprehensive income either in a single continuous statement of comprehensive income or in two separate but consecutive statements. In both choices, an entity is required to present each component of net income along with total net income, each component of other comprehensive income along with a total for other comprehensive income, and a total amount for comprehensive income. In a single continuous statement, the entity is required to present the components of net income and total net income, the components of other comprehensive income and a total for other comprehensive income, along with the total of comprehensive income in that statement. In the two-statement approach, an entity is required to present components of net income and total net income in the statement of net income. The statement of other comprehensive income should immediately follow the statement of net income and include the components of other comprehensive income and a total for other comprehensive income, along with a total for comprehensive income. ASU 2011-05 also contains a provision that requires the entity to present on the face of the financial statements reclassification adjustments for items that are reclassified from other comprehensive income to net income in the statements where the components of net income and the components of other comprehensive income are presented. In December 2011, an update was issued to the Comprehensive Income Topic ASC 220, ASU 2011-12, “Deferral of the Effective Date for Amendments to the Presentation of Reclassifications of Items Out of Accumulated Other Comprehensive Income in Accounting Standards Update No. 2011-05,” which indefinitely deferred the requirement to present the reclassification adjustments out of other comprehensive income. On January 1, 2012, the Company adopted these updates, which did not have a material impact on the condensed consolidated financial statements.

In September 2011, an update was issued to the Intangibles—Goodwill and Other Topic ASC 350, ASU 2011-08, “Testing Goodwill for Impairment,” which provides guidance to all entities, both public and nonpublic, that have goodwill reported in their financial statements. Under the amendments in this update, an entity has the option to first assess qualitative factors to determine whether the existence of events or circumstances leads to a determination that it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If, after assessing the totality of events or circumstances, an entity determines it is not more likely than not that the fair value of a reporting unit is less than its carrying amount, then performing the two-step impairment test is unnecessary. However, if an entity concludes otherwise, then it is required to perform the first step of the two-step impairment test by calculating the fair value of the reporting unit and comparing the fair value with the carrying amount of the reporting unit. If the carrying amount of a reporting unit exceeds its fair value, then the entity is required to perform the second step of the goodwill impairment test to measure the amount of the impairment loss. An entity has the option to bypass the qualitative assessment for any reporting unit in any period and proceed directly to performing the first step of the two-step goodwill impairment test. An entity may resume performing the qualitative assessment in any subsequent period. On January 1, 2012, the Company adopted this update, which did not have a material impact on the condensed consolidated financial statements.

New Accounting Pronouncements

In July 2012, an update was issued to the Intangibles—Goodwill and Other Topic ASC 350, ASU 2012-02, “Testing Indefinite-Lived Intangible Assets for Impairment,” which provides guidance to all entities, both public and nonpublic, that have indefinite-lived intangible assets, other than goodwill, reported in their financial statements. Under the amendments in this update, an entity has the option first to assess qualitative factors to determine whether the existence of events and circumstances indicates that it is more likely than not that the indefinite-lived intangible asset is impaired. If, after assessing the totality of events and circumstances, an entity concludes that it is not more likely than not that the indefinite-lived intangible asset is impaired, then the entity is not required to take further action. However, if an entity concludes otherwise, then it is required to determine the fair value of the indefinite-lived intangible asset and perform the quantitative impairment test by comparing the fair value with the carrying amount. An entity has the option to bypass the qualitative assessment for any indefinite-lived intangible asset in any period and proceed directly to performing the quantitative impairment test. An entity will be able to resume performing the qualitative assessment in any subsequent period. The Company’s effective date for adoption is January 1, 2013 and it does not foresee this accounting update having a material effect on its consolidated financials in future periods, although that could change.

ACQUISITIONS

9 Months Ended

Sep. 30, 2012

ACQUISITIONS

3. ACQUISITIONS

Arbinet Corporation Acquisition

On February 28, 2011, the Company completed its acquisition of Arbinet Corporation, a Delaware corporation (“Arbinet”). Arbinet is a provider of wholesale telecom exchange services to carriers, and the Company purchased Arbinet to supplement its existing ICS operations. Pursuant to the terms of the Agreement and Plan of Merger dated as of November 10, 2010, as amended by Amendment No. 1 dated December 14, 2010, by and among PTGi, PTG Investments, Inc., a Delaware corporation and a wholly-owned subsidiary of PTGi (“Merger Sub”), and Arbinet, Merger Sub merged with and into Arbinet with Arbinet surviving the merger as a wholly-owned subsidiary of PTGi.

Upon the closing of the merger, each share of Arbinet common stock was cancelled and converted into the right to receive 0.5817 shares of PTGi common stock. Arbinet stockholders received cash in lieu of any fractional shares of PTGi common stock that they were otherwise entitled to receive in the merger. In connection with the merger, PTGi issued 3,232,812 shares of its common stock to former Arbinet stockholders in exchange for their shares of Arbinet common stock, and reserved for issuance approximately 95,000 additional shares of its common stock in connection with its assumption of Arbinet’s outstanding options, warrants, stock appreciation rights and restricted stock units. The components of the consideration transferred follow (in thousands):


Consideration attributable to stock issued (1)	$	50,432
Consideration attributable to earned replaced equity awards (2)		177

Total consideration transferred	$	50,609

(1)	The fair value of PTGi’s common stock on the acquisition date was $15.60 per share based on the closing value of its common stock traded on the over-the-counter bulletin board. PTGi issued 3,232,812 shares of stock to effect this merger.

(2)

The portion of the acquisition fair value of Arbinet converted stock-based awards attributable to pre-merger employee service was part of consideration. At the merger closing 50% of the unvested and outstanding Arbinet awards vested. The portion of the fair value-based measure of the replaced awards assigned to past services (including those for which vesting accelerated at the merger closing and those that were already vested at the date of the merger closing) was included in the consideration transferred.

Recording of Assets Acquired and Liabilities Assumed

The transaction was accounted for using the acquisition method of accounting which requires, among other things, that assets acquired and liabilities assumed be recognized at their estimated fair values as of the acquisition date.

Estimates of fair value included in the financial statements, in conformity with ASC No. 820, “Fair Value Measurements and Disclosures” (“ASC 820”), represent the Company’s best estimates and valuations developed with the assistance of independent appraisers. The estimates and assumptions are inherently subject to significant uncertainties and contingencies beyond the control of the Company. Accordingly, the Company cannot provide assurance that the estimates, assumptions, and values reflected in the valuations will be realized, and actual results could vary materially. In accordance with ASC No. 805, “Business Combinations” (“ASC 805”), the allocation of the consideration value was completed on February 28, 2012, the one year anniversary of the date of the acquisition.

- Definition

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
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-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1497-128463

Reference 2: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
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Reference 4: http://www.xbrl.org/2003/role/presentationRef
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Reference 5: http://www.xbrl.org/2003/role/presentationRef
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Reference 6: http://www.xbrl.org/2003/role/presentationRef
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Reference 7: http://www.xbrl.org/2003/role/presentationRef
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-URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4845-128472

Reference 8: http://www.xbrl.org/2003/role/presentationRef
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Reference 10: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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Reference 11: http://www.xbrl.org/2003/role/presentationRef
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Reference 12: http://www.xbrl.org/2003/role/presentationRef
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Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
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Reference 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
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-Publisher FASB
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-Number 141R
-Paragraph F4
-Subparagraph e
-Appendix F

Reference 18: http://www.xbrl.org/2003/role/presentationRef
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 19: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 67-73
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

GOODWILL AND OTHER INTANGIBLE ASSETS

9 Months Ended

Sep. 30, 2012

GOODWILL AND OTHER INTANGIBLE ASSETS

4. GOODWILL AND OTHER INTANGIBLE ASSETS

On February 28, 2011, the Company acquired Arbinet for stock consideration of $50.6 million in a stock for stock transaction. See Note 3—“Acquisitions.” Because PTGi’s stock price rose significantly between the signing of the merger agreement on November 10, 2010 and the close of the merger on February 28, 2011 from a closing price of $9.57 per share to $15.60 per share, the fixed-share consideration fair value also rose. Because Arbinet’s enterprise value may not have increased within similar levels over that time period, the Company determined that a goodwill impairment assessment was immediately necessary post-merger. On the day of the merger, Arbinet was a stand-alone business with its own cash flows and management structure, and the Company evaluated it as a separate reporting unit. The Company determined the preliminary enterprise value of Arbinet to be $36.2 million, which was less than the carrying value of $50.6 million. For Step 2 of the testing, the fair value of the assets acquired and liabilities assumed was deemed to be equal to that which was used for the purchase price allocation. Based on an enterprise value of $36.2 million and the fair value of the assets acquired and liabilities assumed at purchase, the Company calculated $4.7 million of implied goodwill. Because the carrying value of goodwill was greater than the implied goodwill, $14.7 million was recorded as “Goodwill impairment” on the Company’s condensed consolidated statements of operations. Post acquisition, Arbinet was integrated into the Company’s ICS segment.

In conjunction with the decision to discontinue ICS (see Note 12—“Discontinued Operations”), the Company initiated an impairment assessment analysis of ICS resulting in the full impairment of the goodwill and intangible assets assigned to ICS of $10.3 million at June 30, 2012. Subsequent to the impairment analysis and resulting impairment charge, the Company determined the adjusted carrying value of its assets and liabilities classified as held for sale approximated the fair value less costs to sell. The following assets were impaired to a value of zero: goodwill of $5.9 million; license of $2.4 million; customer relationships of $1.3 million and trademark of $0.7 million. As the impairment charge is related to ICS, it is classified within discontinued operations in the condensed consolidated statement of operations.

In conjunction with the sale of the Australian segment in the second quarter of 2012, the Company also assigned the trademarks owned by the Australian segment to M2 Telecommunications Group Ltd. Pursuant to the trademark assignment deed, entered into as part of the transaction, the assignee is restricted from using the specified trademarks in any jurisdiction outside of Australia and New Zealand where the Company continues to hold existing rights. The value of the assigned trademarks was $39.2 million, less a deferred tax liability of $15.2 million.

The Company’s intangible assets not subject to amortization consisted of the following (in thousands):


	September 30, 2012		December 31, 2011
Goodwill	$	65,081	$	71,902
Trade Names	$	37,000	$	76,900

The changes in the carrying amount of goodwill and trade names by reporting unit for the nine months ended September 30, 2012 are as follows (in thousands):

Goodwill


	United States			Canada		Australia			Total
Balance as of December 31, 2011	$	37,146		$	32,819	$	1,937		$	71,902
Effect of change in foreign currency exchange rates		—			1,346		(4	)		1,342
Acquisition (disposition) of business		(1,280	)		956		(1,933	)		(2,257	)
Accumulated impairment loss		(5,906	)		—		—			(5,906	)

Balance as of September 30, 2012	$	29,960		$	35,121	$	—		$	65,081

Trade Names


	United States			Canada		Australia		Total
Balance as of December 31, 2011	$	76,900		$	—	$	—	$	76,900
Effect of change in foreign currency exchange rates		—			—		—		—
Acquisition (disposition) of business		(39,200	)		—		—		(39,200	)
Accumulated impairment loss		(700	)		—		—		(700	)

Balance as of September 30, 2012	$	37,000		$	—	$	—	$	37,000

Intangible assets subject to amortization consisted of the following (in thousands):


	September 30, 2012							December 31, 2011
	Gross Carrying Amount		Accumulated Amortization			Net Book Value		Gross Carrying Amount		Accumulated Amortization			Net Book Value
Trade Names	$	3,500	$	(1,052	)	$	2,448	$	3,500	$	(790	)	$	2,710
Licenses		—		—			—		2,800		(233	)		2,567
Customer relationships		94,706		(58,367	)		36,339		106,199		(52,699	)		53,500

Total	$	98,206	$	(59,419	)	$	38,787	$	112,499	$	(53,722	)	$	58,777

Amortization expense for trade names, licenses, and customer relationships for the three and nine months ended September 30, 2012 was $2.9 million and $8.5 million, respectively, compared to $4.2 million and $12.5 million, respectively, for the three and nine months ended September 30, 2011.

The Company expects amortization expense for trade names, licenses, and customer relationships for the remainder of 2012, the years ending December 31, 2013, 2014, 2015, 2016, and thereafter to be approximately $2.9 million, $8.3 million, $6.1 million, $4.6 million, $3.6 million and $13.3 million, respectively.

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

+ References + Details

LONG-TERM OBLIGATIONS

9 Months Ended

Sep. 30, 2012

LONG-TERM OBLIGATIONS

5. LONG-TERM OBLIGATIONS

Long-term obligations consisted of the following (in thousands):


	September 30, 2012			December 31, 2011
Obligations under capital leases and other	$	135		$	11,696
13% Senior Secured Notes due 2016		2,403			2,403
10% Senior Secured Notes due 2017		116,196			235,231

Subtotal	$	118,734		$	249,330
Original issue discount on Senior Secured Notes		(702	)		(1,568	)

Subtotal	$	118,032		$	247,762
Less: Current portion of long-term obligations		(150	)		(1,948	)

Total long-term obligations	$	117,882		$	245,814

The following table reflects the contractual payments of principal and interest for the Company’s long-term obligations as of September 30, 2012:


Year Ending December 31,	Capital Leases and Other			10% Senior Secured Notes due 2017			13% Senior Secured Notes due 2016			Total
2012 (as of September 30, 2012)	$	36		$	5,810		$	156		$	6,002
2013		74			11,620			312			12,006
2014		31			11,620			312			11,963
2015		6			11,620			312			11,938
2016		—			11,620			2,716			14,336
Thereafter		—			119,585			—			119,585

Total minimum principal & interest payments		147			171,875			3,808			175,830
Less: Amount representing interest		(12	)		(55,679	)		(1,405	)		(57,096	)

Total long-term obligations	$	135		$	116,196		$	2,403		$	118,734

10% Senior Secured Notes due 2017

Repurchases of 10% Senior Secured Notes due 2017

On September 17, 2012, Primus Telecommunications Holding, Inc. (“PTHI”), a subsidiary of PTGi, consummated the repurchase of $119.0 million aggregate principal amount of PTHI’s 10% Senior Secured Notes due 2017 (the “10% Notes”) for a purchase price equal to 109% of the principal amount thereof, plus accrued but unpaid interest to the date of repurchase, pursuant to agreements with certain selling holders of 10% Notes. The sellers of the 10% Notes, representing a majority in principal amount of the outstanding 10% Notes, consented to amendments of the indenture governing the 10% Notes (the “10% Notes Indenture”) to remove substantially all of the restrictive and reporting covenants under the 10% Notes Indenture, as well as certain events of default and related provisions. PTHI, each of the guarantors of the 10% Notes, including PTGi, and U.S. Bank National Association, as Trustee, entered into a Supplemental Indenture, dated as of September 17, 2012 (the “Supplemental Indenture”), to memorialize the 10% Notes Indenture amendments. Also on September 17, 2012, a complaint and motion for temporary restraining order were filed in the Court of Chancery of the State of Delaware (the “Court”), which complaint and motion were subsequently amended on September 19, 2012. The amended complaint alleges that the Supplemental Indenture was entered into in breach of certain covenants in the 10% Notes Indenture and seeks among other things to enjoin the Supplemental Indenture from becoming effective and to enjoin PTHI from acting in reliance upon it. On September 28, 2012, PTHI entered into a stipulation pursuant to which PTHI has agreed not to take any actions under the Supplemental Indenture that would not have otherwise been permitted by the 10% Notes Indenture (absent amendment by the Supplemental Indenture) until the matter is finally resolved on the merits or otherwise by the Court. See Note 6—“Commitments and Contingencies—Litigation” and Item 1 of Part II of this Quarterly Report on Form 10-Q—“Legal Proceedings.”

In connection with the September 2012 repurchase, the Company incurred $10.9 million of premiums and other costs, wrote off $9.5 million of deferred financing costs and $0.7 million of original issue discount; all of which are included in gain (loss) on early extinguishment or restructuring of debt on the condensed consolidated statement of operations in the third quarter of 2012.

In addition to the September 2012 repurchase, the Company previously repurchased $5.0 million in aggregate principal amount of the 10% Notes at 99% of face value in December 2011.

Asset Sale Tender Offer for 10% Senior Secured Notes due 2017

On June 20, 2012, PTHI commenced an offer to purchase (the “Offer to Purchase”) up to $183,300,000 aggregate principal amount of the 10% Notes at a purchase price in cash equal to 100% of the principal amount of 10% Notes validly tendered (and not validly withdrawn) and accepted in the Offer to Purchase, plus accrued and unpaid interest thereon to the settlement date for the Offer to Purchase. The Offer to Purchase expired on July 19, 2012. No Notes were tendered pursuant to the Offer to Purchase.

The Offer to Purchase was required by the 10% Notes Indenture as a result of the sale of the Company’s Australia segment and the receipt of proceeds therefrom. The 10% Notes Indenture required PTHI to make the Offer to Purchase using the Excess Proceeds (as defined in the 10% Notes Indenture) from this transaction, which constituted an “Asset Sale” under the 10% Notes Indenture. The Company determined that the Excess Proceeds from this transaction equaled $183.3 million.

Outstanding 10% Senior Secured Notes due 2017

As of September 30, 2012, there was $116.2 million aggregate principal amount of the 10% Notes outstanding. The 10% Notes bear interest at a rate of 10.00% per annum, payable semi-annually in arrears in cash on April 15 and October 15 of each year, commencing October 15, 2011. The 10% Notes will mature on April 15, 2017.

Exchange Offers

On July 7, 2011, in connection with the consummation of the private (i) exchange offers (the “Exchange Offers”) for any and all outstanding Units representing the 13% Senior Secured Notes due 2016 (the “13% Notes”) issued by PTHI and Primus Telecommunications Canada Inc. (“Primus Canada”), and the 14¹/₄% Senior Subordinated Secured Notes due 2013 (the “14¹/₄% Notes”) issued by Primus Telecommunications IHC, Inc. (“IHC”), (ii) consent solicitation (the “Consent Solicitation”) to amend the indenture governing the 13% Notes and release the collateral securing the 13% Notes, and (iii) related transactions, PTHI issued $240.2 million aggregate principal amount of the 10% Notes. An aggregate of $228.6 million principal amount of 10% Notes was issued pursuant to the Exchange Offers, and PTHI issued an additional $11.6 million aggregate principal amount of 10% Notes for cash, the proceeds of which were used to redeem all 14¹/₄% Notes that were not exchanged pursuant to the Exchange Offers and thereby discharge all of the Company’s obligations with respect to the 14¹/₄% Notes. In connection with the Exchange Offers, the Company also incurred $6.9 million of third party costs which are included in gain (loss) on early extinguishment or restructuring of debt on the condensed consolidated statement of operations in the third quarter of 2011.

13% Senior Secured Notes due 2016

As of September 30, 2012, there was $2.4 million aggregate principal amount of the 13% Notes outstanding. The 13% Notes bear interest at a rate of 13.00% per annum, payable semi-annually in arrears in cash on June 15 and December 15 of each year. The 13% Notes will mature on December 16, 2016.

COMMITMENTS AND CONTINGENCIES

9 Months Ended

Sep. 30, 2012

COMMITMENTS AND CONTINGENCIES

6. COMMITMENTS AND CONTINGENCIES

Future minimum lease payments under capital leases and other purchase obligations and non-cancellable operating leases as of September 30, 2012 are as follows (in thousands):


Year Ending December 31,	Capital Leases and Other			Purchase Obligations		Operating Leases
2012 (as of September 30, 2012)	$	36		$	1,406	$	3,457
2013		74			4,301		12,266
2014		31			3,639		9,145
2015		6			41		7,287
2016		—			—		5,949
Thereafter		—			—		19,429

Total minimum principal & interest payments		147			9,387		57,533
Less: Amount representing interest		(12	)		—		—

Total long-term obligations	$	135		$	9,387	$	57,533

The Company has contractual obligations to utilize an external vendor for certain customer support functions and to utilize network facilities from certain carriers with terms greater than one year. Generally, the Company does not purchase or commit to purchase quantities in excess of normal usage or amounts that cannot be used within the contract term or at rates below or above market value. The Company made payments under purchase commitments of $7.2 million and $24.0 million for the nine months ended September 30, 2012 and 2011, respectively.

The Company’s rent expense under operating leases was $0.8 million and $2.3 million for the three and nine months ended September 30, 2012, respectively, compared to $1.1 million and $3.6 million for the three and nine months ended September 30, 2011, respectively.

Litigation

General

The Company is subject to claims and legal proceedings that arise in the ordinary course of business. Each of these matters is inherently uncertain, and there can be no guarantee that the outcome of any such matter will be decided favorably to the Company or that the resolution of any such matter will not have a material adverse effect upon the Company’s business, condensed consolidated financial position, results of operations or cash flow. The Company does not believe that any of these pending claims and legal proceedings will have a material adverse effect on its business, condensed consolidated financial position, results of operations or cash flow.

10% Senior Notes Indenture Litigation

In addition to the matters described above in Note 6—“Commitments and Contingencies—Litigation—General,” on September 17, 2012, a complaint and motion for temporary restraining order were filed in the Court under the caption Whitebox Advisors, LLC and River Ridge Master Fund Ltd. v. Primus Telecommunications Holding, Inc., Civil Action No. 7871-VCG, which complaint and motion were subsequently amended on September 19, 2012. The amended complaint alleges that the Supplemental Indenture was entered into in breach of certain covenants in the 10% Notes Indenture. The amended complaint seeks among other things to enjoin the Supplemental Indenture from becoming effective and to enjoin PTHI from acting in reliance upon it. On September 28, 2012, PTHI entered into a stipulation pursuant to which PTHI has agreed not to take any actions under the Supplemental Indenture that would not have otherwise been permitted by the 10% Notes Indenture (absent amendment by the Supplemental Indenture) until the matter is finally resolved on the merits or otherwise by the Court. A hearing on the relevant motions has been scheduled with the Court for Friday, January 4, 2013. See Item 1 of Part II of this Quarterly Report on Form 10-Q—“Legal Proceedings.”

- Definition

The entire disclosure for commitments and contingencies.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 20
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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-SubTopic 10
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-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6394976&loc=d3e25287-109308

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Interpretation (FIN)
-Number 14
-Paragraph 3
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 5
-Paragraph 9, 10, 11, 12
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

SHARE-BASED COMPENSATION

9 Months Ended

Sep. 30, 2012

SHARE-BASED COMPENSATION

7. SHARE-BASED COMPENSATION

The Compensation Committee (the “Committee”) of the Board of Directors of PTGi administers PTGi’s Management Compensation Plan, as amended (the “Management Compensation Plan”). The Committee has broad authority to administer, construe and interpret the Management Compensation Plan; however, except in connection with certain Corporate Transactions (as defined in the Management Compensation Plan), it may not take any action with respect to an award that would be treated, for accounting purposes, as a “repricing” of an award unless the action is approved by the shareholders of PTGi.

The Management Compensation Plan provides for the grant of incentive stock options, nonqualified stock options, restricted stock, restricted stock units, and other stock-based or cash-based performance awards (collectively, “awards”). PTGi typically issues new shares of common stock upon the exercise of stock options, as opposed to using treasury shares.

The Company follows guidance which addresses the accounting for share-based payment transactions whereby an entity receives employee services in exchange for either equity instruments of the enterprise or liabilities that are based on the fair value of the enterprise’s equity instruments or that may be settled by the issuance of such equity instruments. The guidance generally requires that such transactions be accounted for using a fair-value based method and share-based compensation expense be recorded, based on the grant date fair value, estimated in accordance with the guidance, for all new and unvested stock awards that are ultimately expected to vest as the requisite service is rendered.

There were 217 thousand options granted during the nine months ended September 30, 2012, while 32.5 thousand options were granted during the nine months ended September 30, 2011.

Total share-based compensation expense recognized by the Company in the three months ended September 30, 2012 and 2011 was $0.9 million and $0.7 million, respectively, compared to $5.0 million and $4.1 million, respectively, for the nine months ended September 30, 2012 and 2011. Most of PTGi’s stock awards vest ratably during the vesting period. The Company recognizes compensation expense for equity awards, reduced by estimated forfeitures, using the straight-line basis.

Restricted Stock Units (RSUs)

A summary of PTGi’s restricted stock units activity during the nine months ended September 30, 2012 is as follows:


	Nine Months Ended September 30, 2012
	Shares			Weighted Average Grant Date Fair Value
Unvested – December 31, 2011		651,394		$	13.01
Granted		62,000		$	16.48
Vested		(322,971	)	$	13.40
Forfeitures		(55,850	)	$	15.17

Unvested – September 30, 2012		334,573		$	12.91

As of September 30, 2012, PTGi had 0.3 million unvested RSUs outstanding with respect to $2.3 million of compensation expense that is expected to be recognized over the weighted average remaining vesting period of 1.4 years. The number of unvested RSUs expected to vest is 0.3 million.

On June 27, 2012, the Board of Directors of PTGi accelerated the vesting of 41,333 RSUs awarded to certain employees. This modification of the terms of the instruments did not result in a significant change of fair value before and after the modification date.

Stock Options and Stock Appreciation Rights

A summary of PTGi’s stock option and stock appreciation rights activity during the nine months ended September 30, 2012 is as follows:


	Nine Months Ended September 30, 2012
	Shares			Weighted Average Exercise Price
Outstanding – December 31, 2011		129,080		$	11.34
Granted		216,993		$	12.79
Exercised		(9,728	)	$	11.64
Forfeitures		(166,070	)	$	12.64

Outstanding – September 30, 2012		170,275		$	11.90

Eligible for exercise		123,498		$	11.11

The following table summarizes the intrinsic values and remaining contractual terms of PTGi’s stock options and stock appreciation rights:


	Intrinsic Value		Weighted Average Remaining Life in Years
Options outstanding – September 30, 2012	$	612,599		8.0
Options exercisable – September 30, 2012		530,604		7.5

As of September 30, 2012, PTGi had approximately 47,000 unvested stock options and stock appreciation rights outstanding of which $0.2 million of compensation expense is expected to be recognized over the weighted average remaining period of 1.4 years. The number of unvested stock options and stock appreciation rights expected to vest is approximately 42,000 shares, with a weighted average remaining life of 8.0 years, a weighted average exercise price of $11.82, and an intrinsic value of approximately $0.1 million.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 505
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-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6406099&loc=d3e25284-112666

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-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 14

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 123R
-Paragraph 64, 65, A240
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Statement of Position (SOP)
-Number 93-6
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

STOCKHOLDERS' EQUITY

9 Months Ended

Sep. 30, 2012

STOCKHOLDERS' EQUITY

8. STOCKHOLDERS’ EQUITY

As of September 30, 2012, there were 13,899,543 shares of common stock outstanding.

Special Dividend

On June 20, 2012, PTGi’s Board of Directors declared a special cash dividend (the “Dividend”) of $1.00 per share with respect to PTGi’s issued and outstanding common stock. The Dividend of $13.8 million in the aggregate was paid on July 16, 2012 to holders of record of PTGi common stock as of July 2, 2012. In addition, with respect to unvested RSUs and restricted stock, the Company will pay a dividend equivalent of $1.00 per RSU or share of restricted stock, as applicable, to holders of RSUs and restricted stock upon vesting. With respect to certain outstanding options, the Company reduced the exercise price and increased the number of shares of common stock issuable upon exercise of such options, in each case in order to prevent dilution of the rights of holders of awards as a result of the Dividend.

In addition to the mandatory anti-dilution adjustments to the CVR Shares issuable with respect to the CVRs and their strike price discussed in Note 2—“Summary of Significant Accounting Policies—Derivative Instruments,” the Company has issued and outstanding warrants for which the exercise prices and number of shares of PTGi common stock issuable upon exercise were adjusted as a result of the Dividend, effective as of July 3, 2012. With respect to the Class A-1 warrants, the maximum aggregate number of shares of PTGi common stock issuable upon exercise of such warrants was adjusted upward from 1,000,000 shares to 1,063,875 shares, while the exercise price was adjusted downward from $12.22 to $11.49; with respect to the Class A-2 warrants, the maximum aggregate number of shares of PTGi common stock issuable upon exercise of such warrants was adjusted upward from 1,000,000 shares to 1,063,875 shares, while the exercise price was adjusted downward from $16.53 to $15.54; with respect to the Class A-3 warrants, the maximum aggregate number of shares of PTGi common stock issuable upon exercise of such warrants was adjusted upward from 1,000,000 shares to 1,063,875 shares, while the exercise price was adjusted downward from $20.50 to $19.27; and, with respect to the Class B warrants, the maximum aggregate number of shares of PTGi common stock issuable upon exercise of such warrants was adjusted upward from 1,500,000 shares to 1,595,812 shares, while the exercise price was adjusted downward from $26.01 to $24.45. Due to the nature of the mandatory anti-dilution provisions applicable to the CVRs and warrants, the Company has evaluated the accounting impact of the modification accounting and concluded that the modification of the terms of such instruments did not result in a significant change of fair value before and after the modification date.

On August 8, 2011, PTGi’s Board of Directors authorized a stock repurchase program of up to $15 million of its common stock through August 8, 2013. Under the stock repurchase program, the Company may repurchase common stock from time to time in the open-market, privately negotiated transactions or block trades. There is no guarantee as to the exact number of shares, if any, that the Company will repurchase. The stock repurchase program may be modified, terminated or extended at any time without prior notice. PTGi has established a committee consisting of its lead director, chief executive officer and chief financial officer to oversee the administration of the stock repurchase program. During the year ended December 31, 2011, the Company repurchased 31,626 shares at a weighted average price of $11.92 per share under the stock repurchase plan. There have been no repurchases in the nine months ending September 30, 2012.

- Definition

The entire disclosure for shareholders' equity, comprised of portions attributable to the parent entity and noncontrolling interest, if any, including other comprehensive income (as applicable). Including, but not limited to: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and per share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms, and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables, effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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-Paragraph 15
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 17: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph d
-Article 4

Reference 18: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 29, 30, 31
-Article 5

Reference 19: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
-Section E

Reference 20: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Article 4

Reference 21: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
-Section C

Reference 22: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 129
-Paragraph 2, 3, 4, 5, 6, 7, 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 23: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3

+ Details

INCOME TAXES

9 Months Ended

Sep. 30, 2012

INCOME TAXES

9. INCOME TAXES

The Company conducts business globally, and as a result, PTGi or one or more of its subsidiaries files income tax returns in the United States federal jurisdiction and various state and foreign jurisdictions. In the normal course of business the Company is subject to examination by taxing authorities throughout the world.

The following table summarizes the open tax years for each major jurisdiction:


Jurisdiction		Open Tax Years

United States Federal		2002—2011
Canada		2004—2011
United Kingdom		2004—2011
Netherlands		2007—2011

The Company is currently under examination in Canada and certain other foreign tax jurisdictions, which, individually and in the aggregate, are not material.

The Company adopted the provisions of ASC No. 740, “Income Taxes” on January 1, 2007. It is expected that the amount of unrecognized tax benefits, reflected in the Company’s financial statements, will change in the next twelve months; however, the Company does not expect the change to have a significant impact on the results of operations or the financial position of the Company. During the three and nine months ended September 30, 2012, penalties and interest were immaterial. As of September 30, 2012, the gross unrecognized tax benefit on the balance sheet was $76.8 million.

Pursuant to Section 382 of the Internal Revenue Code (“IRC Sec. 382”), the Company believes that it underwent an ownership change for tax purposes on February 28, 2011, the Arbinet acquisition date. This conclusion is based on Schedule 13D and Schedule 13G filings concerning Company securities, as filed with the SEC. A previous ownership change took place on July 1, 2009, as a result of the emergence from bankruptcy under the Reorganization Plan. As a result, the use of the Company’s net operating losses will be subject to an annual limitation under IRC Sec. 382 of approximately $1.6 million. The annual limitation under Section 382 of Arbinet’s pre-February 28, 2011 net operating losses is approximately $2.2 million.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

+ Details

FAIR VALUE OF FINANCIAL INSTRUMENTS AND DERIVATIVES

9 Months Ended

Sep. 30, 2012

FAIR VALUE OF FINANCIAL INSTRUMENTS AND DERIVATIVES

10. FAIR VALUE OF FINANCIAL INSTRUMENTS AND DERIVATIVES

The carrying amounts reported in the condensed consolidated balance sheets for cash and cash equivalents, restricted cash, accounts receivable and accounts payable approximate fair value due to relatively short periods to maturity. The estimated aggregate fair value of the Company’s debt, based on quoted market prices, was $129.1 million and $235.4 million at September 30, 2012 and December 31, 2011, respectively. The aggregate carrying value of the Company’s debt was $117.9 million and $236.1 million at September 30, 2012 and December 31, 2011, respectively.

See the table below for a summary of the Company’s financial instruments accounted for at fair value on a recurring basis:


			Fair Value as of September 30, 2012, using:
	September 30, 2012		Quoted prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Liabilities:
Contingent Value Rights (CVRs)	$	21,112		—		21,112		—

Total	$	21,112		—		21,112		—


			Fair Value as of December 31, 2011, using:
	December 31, 2011		Quoted prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Liabilities:
Contingent Value Rights (CVRs)	$	16,196		—		16,196		—

Total	$	16,196		—		16,196		—

The CVRs are marked to fair value at each balance sheet date. The change in value is reflected in our condensed consolidated statements of operations. Estimates of fair value represent the Company’s best estimates based on a Black-Scholes pricing model using the following assumptions: (1) expected life of 6.75 years; (2) risk-free rate of 0.99%; (3) expected volatility of 45.26%; (4) dividend yield of 0%; (5) exercise price of $33.79; (6) stock price of $15.27. During the three months ended September 30, 2012 and 2011, ($0.2) million and ($11.4) million, respectively, of (income) expense was recognized as a result of marking the CVRs to their fair value, and during the nine months ended September 30, 2012 and 2011, $4.9 million and ($7.1) million, respectively, of (income) expense was recognized as a result of marking the CVRs to their fair value.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19207-110258

Reference 2: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14172-108612

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
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-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13537-108611

Reference 4: http://www.xbrl.org/2003/role/presentationRef
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Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
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Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13433-108611

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15B
-Subparagraph a, b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 44A, 44B
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 159
-Paragraph 17-22, 27, 28
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15A
-Subparagraph a-d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15C, 15D
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 157
-Paragraph 32, 33, 34
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 3, 10, 14, 15
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

OPERATING SEGMENT AND RELATED INFORMATION

9 Months Ended

Sep. 30, 2012

OPERATING SEGMENT AND RELATED INFORMATION

11. OPERATING SEGMENT AND RELATED INFORMATION

The Company currently has two reportable geographic segments—United States and Canada. The Company has three reportable operating segments based on management’s organization of the enterprise—Data Center, North America Telecom, and Other. As a result of the sale of its Australian segment and the classification of its ICS business unit as held for sale, the Company re-organized its remaining operating segments to better reflect its continuing operations. The Data Center (“DC”) segment contains the pure data center operations in Canada, while North America Telecom (“NAT”) combines the retail telecom businesses in the United States and Canada. The Company evaluates the performance of its segments and allocates resources to them based upon net revenue and income (loss) from operations. The accounting policies of the segments are the same as those described in the summary of significant accounting policies. Net revenue by geographic segment is reported on the basis of where services are provided. All inter-segment revenues are eliminated. The Company has no single customer representing greater than 10% of its revenues. Corporate assets, capital expenditures and property and equipment are included in the United States segment, while corporate expenses are presented separately in income (loss) from operations. The assets of the DC and NAT segments are indistinguishable from the respective geographic segments. Therefore, any reporting related to the DC and NAT segments for assets or other balance sheet items is impractical.

Summary information with respect to the Company’s operating segments is as follows (in thousands):


	Three Months Ended September 30, 2012			Three Months Ended September 30, 2011			Nine Months Ended September 30, 2012			Nine Months Ended September 30, 2011
Net Revenue by Geographic Region
United States	$	8,788		$	11,441		$	28,377		$	33,737
Canada		55,123			62,867			168,924			187,763

Total	$	63,911		$	74,308		$	197,301		$	221,500

Net Revenue by Segment
Data Center	$	8,483		$	7,697		$	24,650		$	22,728
North America Telecom		55,428			66,417			172,651			198,201
Other		—			194			—			571

Total	$	63,911		$	74,308		$	197,301		$	221,500

Provision for Doubtful Accounts Receivable
Data Center	$	66		$	60		$	90		$	260
North America Telecom		624			972			1,575			3,187
Other		—			—			—			—

Total	$	690		$	1,032		$	1,665		$	3,447

Income (Loss) from Operations
Data Center	$	2,829		$	3,257		$	4,958		$	4,889
North America Telecom		2,721			2,163			12,629			10,574
Other		—			(125	)		—			(331	)

Total From Operating Segments		5,550			5,295			17,587			15,132
Corporate		(4,058	)		(3,720	)		(19,125	)		(14,352	)

Total	$	1,492		$	1,575		$	(1,538	)	$	780

Capital Expenditures
Data Center	$	4,016		$	2,470		$	11,280		$	5,894
North America Telecom		1,791			2,040			6,485			4,122
Other (1)		509			4,349			7,081			12,393

Total From Operating Segments		6,316			8,859			24,846			22,409
Corporate		93			49			289			380

Total	$	6,409		$	8,908		$	25,135		$	22,789

(1)	“Other” includes capital expenditures related to discontinued operations

The above capital expenditures exclude assets acquired under terms of capital lease and vendor financing obligations.


	September 30, 2012		December 31, 2011
Property and Equipment – Net
United States	$	3,018	$	3,643
Canada		61,662		54,674
Other (1)		—		93,863

Total	$	64,680	$	152,180


	September 30, 2012		December 31, 2011
Assets
United States	$	134,666	$	122,170
Canada		182,194		194,531
Other (1)		51,255		227,123

Total	$	368,115	$	543,824

(1)	“Other” includes property and equipment—net and assets of discontinued operations.

The Company offers three main products—Retail Voice, Data/Internet, and Retail VoIP. Net revenue information with respect to the Company’s products is as follows (in thousands):


	Three Months Ended September 30, 2012		Three Months Ended September 30, 2011		Nine Months Ended September 30, 2012		Nine Months Ended September 30, 2011
Retail Voice	$	37,724	$	48,917	$	120,404	$	146,524
Data/Internet		18,431		17,302		53,760		51,506
Retail VoIP		7,756		8,089		23,137		23,470

Total	$	63,911	$	74,308	$	197,301	$	221,500

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
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Reference 9: http://www.xbrl.org/2003/role/presentationRef
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Reference 13: http://www.xbrl.org/2003/role/presentationRef
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Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 131
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

DISCONTINUED OPERATIONS

9 Months Ended

Sep. 30, 2012

DISCONTINUED OPERATIONS

12. DISCONTINUED OPERATIONS

Discontinued Operations—nine months ended September 30, 2012

On May 31, 2012, the Company completed the previously announced sale of its Australian segment to M2 Telecommunications Group Ltd., an Australian telecommunications company, for $195.7 million. The Company recorded a $98.6 million gain from the sale of this segment during the second quarter of 2012. In connection with the closing of the transaction, $9.8 million was retained from the purchase price and placed into escrow until May 31, 2013 for purposes of satisfying potential indemnification claims pursuant to the purchase agreement. The purchase price is also subject to a customary post-closing working capital adjustment.

On June 28, 2012, the Board of Directors of PTGi committed to dispose of the Company’s ICS business unit and as a result classified ICS as a discontinued operation. The Company continues to actively solicit a sale or other disposition of its ICS business unit.

Discontinued Operations—year ended December 31, 2011

During the fourth quarter of 2011, the Company sold its Brazilian segment for $4.3 million. The Company recorded a $4.8 million loss from the sale of this segment during the fourth quarter of 2011.

As a result of these events, the Company’s condensed consolidated financial statements for all periods presented reflect the Brazilian, Australian and ICS business units as discontinued operations for the three and nine months ended September 30, 2012 and 2011. Additionally, the assets and liabilities of ICS have been classified as held for sale assets and liabilities and removed from the specific line items on the condensed consolidated balance sheet as of September 30, 2012.

Summarized operating results of the discontinued operations are as follows (in thousands):


	Three Months Ended September 30, 2012			Three Months Ended September 30, 2011
Net revenue	$	71,049		$	180,303
Operating expenses		73,698			176,885

Income (loss) from operations		(2,649	)		3,418
Interest expense		(2	)		(2,370	)
Interest income and other income (expense)		(7	)		(1,982	)
Foreign currency transaction gain (loss)		199			(6,994	)

Income (loss) before income tax		(2,459	)		(7,928	)
Income tax (expense) benefit		—			3,046

Income (loss) from discontinued operations	$	(2,459	)	$	(4,882	)


	Nine Months Ended September 30, 2012			Nine Months Ended September 30, 2011
Net revenue	$	355,019		$	539,325
Operating expenses		363,917			547,412

Income (loss) from operations		(8,898	)		(8,087	)
Interest expense		(511	)		(2,496	)
Interest income and other income (expense)		288			(1,095	)
Foreign currency transaction gain (loss)		(2,546	)		(3,078	)

Income (loss) before income tax		(11,667	)		(14,756	)
Income tax (expense) benefit		(6,342	)		1,907

Income (loss) from discontinued operations	$	(18,009	)	$	(12,849	)

Summarized assets and liabilities of ICS classified as held for sale are as follows (in thousands):


Accounts receivable	$	17,673
Prepaid expenses and other current assets		3,108
Restricted cash		488
Property and equipment - net		15,385
Other assets		8,873

Assets held for sale	$	45,527

Accounts payable	$	11,940
Accrued interconnection costs		7,063
Accrued expenses and other liabilities		5,609
Accrued income taxes		222
Current portion of long-term obligations		34
Deferred tax liability		8,677
Other liabilities		1,999

Liabilities held for sale	$	35,544

- Definition

The entire disclosure for the facts and circumstances leading to the completed or expected disposal, manner and timing of disposal, the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the segment in which the disposal group was reported, and the classification (whether sold or classified as held for sale) and carrying value of the assets and liabilities comprising the disposal group. Includes all disposal groups, including those classified as components of the entity (discontinued operations).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
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-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 144
-Paragraph 43-48
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

BASIC AND DILUTED INCOME (LOSS) PER COMMON SHARE

9 Months Ended

Sep. 30, 2012

BASIC AND DILUTED INCOME (LOSS) PER COMMON SHARE

13. BASIC AND DILUTED INCOME (LOSS) PER COMMON SHARE

Basic income (loss) per common share is calculated by dividing income (loss) attributable to common stockholders by the weighted average common shares outstanding during the period. Diluted income per common share adjusts basic income per common share for the effects of potentially dilutive common share equivalents.

Potentially dilutive common shares include the dilutive effects of common shares issuable under the Management Compensation Plan, including stock options and restricted stock units (RSUs), using the treasury stock method, as well as CVRs and stock warrants.

The Company had no dilutive common share equivalents during the three and nine months ended September 30, 2012, due to the results of operations being a loss from continuing operations, net of tax. For the three and nine months ended September 30, 2012, the following were potentially dilutive but were excluded from the calculation of diluted loss per common share due to their antidilutive effect:

•

0.5 million shares issuable upon exercise of stock options and RSUs under the Management Compensation Plan;

•

4.8 million shares issuable upon exercise of stock warrants; and

•

2.8 million shares issuable upon exercise of CVRs.

The Company had no dilutive common share equivalents during the three and nine months ended September 30, 2011, due to the results of operations being a loss from continuing operations, net of tax. For the three and nine months ended September 30, 2011, the following were potentially dilutive but were excluded from the calculation of diluted loss per common share due to their antidilutive effect:

•

0.6 million shares issuable upon exercise of stock options and RSUs under the Management Compensation Plan;

•

4.5 million shares issuable upon exercise of stock warrants; and

•

2.7 million shares issuable upon exercise of CVRs.

A calculation of basic income (loss) per common share to diluted income (loss) per common share is set forth below (in thousands, except per share amounts):


	Three Months Ended September 30, 2012			Three Months Ended September 30, 2011			Nine Months Ended September 30, 2012			Nine Months Ended September 30, 2011
Income (loss) from continuing operations, net of tax	$	(22,578	)	$	(5,128	)	$	(43,693	)	$	(22,758	)
Income (loss) from discontinued operations, net of tax		(2,459	)		(4,882	)		(18,009	)		(12,849	)
Gain (loss) from sale of discontinued operations, net of tax		—			—			98,666			—

Net income (loss) attributable to common stockholders-basic	$	(25,037	)	$	(10,010	)	$	36,964		$	(35,607	)

Net income (loss) attributable to common stockholders-diluted	$	(25,037	)	$	(10,010	)	$	36,964		$	(35,607	)

Weighted average common shares outstanding-basic		13,890			13,715			13,825			12,759

Weighted average common shares outstanding-diluted		13,890			13,715			13,825			12,759

Basic income (loss) per common share:
Income (loss) from continuing operations attributable to common stockholders	$	(1.63	)	$	(0.37	)	$	(3.16	)	$	(1.78	)
Income (loss) from discontinued operations	$	(0.18	)	$	(0.36	)	$	(1.30	)	$	(1.01	)
Gain (loss) from sale of discontinued operations, net of tax	$	—		$	—		$	7.14		$	—

Net income (loss) attributable to common stockholders	$	(1.81	)	$	(0.73	)	$	2.68		$	(2.79	)

Diluted income (loss) per common share:
Income (loss) from continuing operations attributable to common stockholders	$	(1.63	)	$	(0.37	)	$	(3.16	)	$	(1.78	)
Income (loss) from discontinued operations	$	(0.18	)	$	(0.36	)	$	(1.30	)	$	(1.01	)
Gain (loss) from sale of discontinued operations, net of tax	$	—		$	—		$	7.14		$	—

Net income (loss) attributable to common stockholders	$	(1.81	)	$	(0.73	)	$	2.68		$	(2.79	)

RELATED PARTY TRANSACTIONS

9 Months Ended

Sep. 30, 2012

RELATED PARTY TRANSACTIONS

14. RELATED PARTY TRANSACTIONS

On September 17, 2012, PTHI consummated the repurchase of $119.0 million aggregate principal amount of the 10% Notes for a purchase price equal to 109% of the principal amount thereof, plus accrued but unpaid interest to the date of repurchase, in each case pursuant to agreements with certain selling holders of 10% Notes. Among the sellers of 10% Notes was the Singer Children’s Management Trust, which is the beneficial owner of a portion of the outstanding shares of PTGi common stock. The Singer Children’s Management Trust sold $3.9 million aggregate principal amount of 10% Notes at a purchase price equal to $4.3 million plus accrued but unpaid interest to the date of repurchase. Other entities associated with the Singer family sold $13.3 million aggregate principal amount of 10% Notes at a purchase price equal to $14.5 million plus accrued but unpaid interest to the date of repurchase.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 850
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Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 57
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	Sep. 30, 2012
Principles of Consolidation	Principles of Consolidation—The condensed consolidated financial statements include the Company’s accounts, its wholly-owned subsidiaries and all other subsidiaries over which the Company exerts control. Prior to July 31, 2012, the Company owned 45.6% of Globility Communications Corporation (“Globility”) through direct and indirect ownership structures. As a result of changes to the Telecommunications Act in Canada, the Company is no longer restricted by Canadian foreign ownership laws. Given these changes, Primus Telecommunications International, Inc. (“PTII”) purchased the remaining 54.4% of Globility on July 31, 2012. The results of Globility and its subsidiary are consolidated with the Company’s results based on guidance from the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) No. 810, “Consolidation” (“ASC 810”). All intercompany profits, transactions and balances have been eliminated in consolidation.
Discontinued Operations	Discontinued Operations—During 2011, the Company sold its Brazilian segment. In the second quarter of 2012, the Company sold its Australian segment and committed to dispose of and is actively soliciting a sale or other disposition of its International Carrier Services (“ICS”) business unit. The Company has applied retrospective adjustments for the three and nine months ended September 30, 2011 to reflect the effects of the discontinued operations that occurred during 2012. Accordingly, revenue, costs, and expenses of the discontinued operations have been excluded from the respective captions in the condensed consolidated statements of operations. Additionally the assets and liabilities of ICS have been classified as held for sale assets and liabilities and removed from the specific line items on the condensed consolidated balance sheet as of September 30, 2012. See Note 12—“Discontinued Operations,” for further information regarding these transactions.
Property and Equipment	Property and Equipment—Property and equipment are recorded at cost less accumulated depreciation, which is provided on the straight-line method over the estimated useful lives of the assets. Cost includes major expenditures for improvements and replacements which extend useful lives or increase capacity of the assets as well as expenditures necessary to place assets into readiness for use. Expenditures for maintenance and repairs are expensed as incurred. The estimated useful lives of property and equipment are as follows: network equipment—5 to 8 years, fiber optic and submarine cable—8 to 25 years, furniture and equipment—5 years, and leasehold improvements and leased equipment—shorter of lease or useful life. Costs for internal use software that are incurred in the preliminary project stage and in the post-implementation stage are expensed as incurred. Costs incurred during the application development stage are capitalized and amortized over the estimated useful life of the software.
Business Combinations	Business Combinations—The Company is required to allocate the purchase price of acquired companies to the tangible and intangible assets acquired and liabilities assumed based on their estimated fair values. This valuation requires management to make significant estimates and assumptions, especially with respect to intangible assets associated with such assets. Critical estimates in valuing certain of the intangible assets and subsequently assessing the realizability of such assets include, but are not limited to, future expected cash flows from the revenues, customer contracts and discount rates. Management’s estimates of fair value are based on assumptions believed to be reasonable but which are inherently uncertain and unpredictable. Assumptions may be incomplete or inaccurate and unanticipated events and circumstances may occur.
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets—Under ASC No. 350, “Intangibles—Goodwill and Other” (“ASC 350”), goodwill and indefinite lived intangible assets are not amortized but are reviewed annually for impairment, or more frequently, if impairment indicators arise. Intangible assets that have finite lives are amortized over their estimated useful lives and are subject to the provisions of ASC No. 360, “Property, Plant and Equipment” (“ASC 360”). Goodwill impairment is tested at least annually (October 1 for the Company) or when factors indicate potential impairment using a two-step process that begins with an estimation of the fair value of each reporting unit. Step 1 is a screen for potential impairment pursuant to which the estimated fair value of each reporting unit is compared to its carrying value. The Company estimates the fair values of each reporting unit by a combination of (i) estimation of the discounted cash flows of each of the reporting units based on projected earnings in the future (the income approach) and (ii) a comparative analysis of revenue and EBITDA multiples of public companies in similar markets (the market approach). If there is a deficiency (the estimated fair value of a reporting unit is less than its carrying value), a Step 2 test is required. Step 2 measures the amount of impairment loss, if any, by comparing the implied fair value of the reporting unit goodwill with its carrying amount. The implied fair value of goodwill is determined in the same manner as the amount of goodwill recognized in a business combination is determined; i.e., through an allocation of the fair value of a reporting unit to all of the assets and liabilities of that unit as if the reporting unit had been acquired in a business combination. If the carrying amount of the reporting unit goodwill exceeds the implied fair value of that goodwill, an impairment loss shall be recognized in an amount equal to that excess. The Company’s reporting units are the same as its operating segments, except as discussed in Note 4 related to Arbinet, as each segment’s components have been aggregated and deemed a single reporting unit because they have similar economic characteristics. Each component is similar in that each provides telecommunications services for which all of the resources and costs are drawn from the same pool, and are evaluated using the same business factors by management. Estimating the fair value of a reporting unit requires various assumptions including projections of future cash flows, perpetual growth rates and discount rates. The assumptions about future cash flows and growth rates are based on the Company’s assessment of a number of factors, including the reporting unit’s recent performance against budget, performance in the market that the reporting unit serves, and industry and general economic data from third party sources. Discount rate assumptions are based on an assessment of the risk inherent in those future cash flows. Changes to the underlying businesses could affect the future cash flows, which in turn could affect the fair value of the reporting unit. Intangible assets not subject to amortization consist of certain trade names. Such indefinite lived intangible assets are tested for impairment annually, or more frequently if events or changes in circumstances indicate that the asset might be impaired. The impairment test shall consist of a comparison of the fair value of an intangible asset with its carrying amount. If the carrying amount of the intangible asset exceeds its fair value, an impairment loss shall be recognized in an amount equal to the excess. Intangible assets subject to amortization consist of certain trade names and customer relationships. These finite lived intangible assets are amortized based on their estimated useful lives. Such assets are subject to the impairment provisions of ASC 360, pursuant to which impairment is recognized and measured only if there are events and circumstances that indicate that the carrying amount may not be recoverable. The carrying amount is not recoverable if it exceeds the sum of the undiscounted cash flows expected to result from the use of the asset group. An impairment loss is recorded if after determining that it is not recoverable, the carrying amount exceeds the fair value of the asset.
Derivative Instruments	Derivative Instruments—Pursuant to the terms of the Company’s 2009 bankruptcy reorganization (the “Reorganization Plan”), the Company issued to holders of the Company’s pre-Reorganization Plan common stock contingent value rights (“CVRs”) to receive up to an aggregate of 2,665,000 shares (the “CVR Shares”) of PTGi’s common stock. In connection with the issuance of the CVRs, the Company entered into a Contingent Value Rights Distribution Agreement (the “CVR Agreement”), in favor of holders of CVRs thereunder, dated as of July 1, 2009. As a result of the special cash dividend discussed in Note 8—“Stockholders’ Equity,” effective July 2, 2012, the maximum aggregate number of CVR Shares issuable with respect to the CVRs was adjusted upward from 2,665,000 shares to 2,835,225 shares while the strike price with respect to the CVRs was adjusted downward from $35.95 to $33.79. Due to the nature of the CVRs, the Company accounted for the instrument in accordance with ASC No. 815, “Derivatives and Hedging,” as well as related interpretations of this standard. The Company determined the CVRs to be derivative instruments to be accounted for as liabilities and marked to fair value at each balance sheet date. Upon issuance, the Company estimated the fair value of its CVRs using a Black-Scholes pricing model and consequently recorded a liability of $2.6 million in the balance sheet caption “other liabilities” as part of fresh-start accounting. Post-issuance change in value is reflected in the condensed consolidated statements of operations as gain (loss) from contingent value rights valuation. The Company’s estimates of fair value of its CVRs are correlated to and reflective of PTGi’s common stock price trends; in general, as the value of PTGi’s common stock increases, the estimated fair value of the CVRs also increases and, as a result, the Company recognizes a change in value of its CVRs as loss from contingent value rights valuation. Conversely and also in general, as the value of PTGi’s common stock decreases, the estimated fair value of the CVRs also decreases and as a result the Company recognizes a change in value of the CVRs as gain from contingent value rights valuation. See Note 10—“Fair Value of Financial Instruments and Derivatives.”
Use of Estimates	Use of Estimates—The preparation of condensed consolidated financial statements in conformity with US GAAP requires management to make estimates and assumptions. These estimates and assumptions affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of net revenue and expenses during the reporting period. Actual results may differ from these estimates. Significant estimates include allowance for doubtful accounts receivable, accrued interconnection cost disputes, the fair value of derivatives, market assumptions used in estimating the fair values of certain assets and liabilities, the calculation used in determining the fair value of PTGi’s stock options required by ASC No. 718, “Compensation—Stock Compensation,” income taxes and various legal and tax contingencies. Estimates of fair value represent the Company’s best estimates developed with the assistance of independent appraisals or various valuation techniques including Black-Scholes and, where the foregoing have not yet been completed or are not available, industry data and trends and by reference to relevant market rates and transactions. The estimates and assumptions are inherently subject to significant uncertainties and contingencies beyond the control of the Company. Accordingly, the Company cannot provide assurance that the estimates, assumptions, and values reflected in the valuations will be realized, and actual results could vary materially. Any adjustments to the recorded fair values of these assets and liabilities, as related to business combinations, may impact the amount of recorded goodwill.
Reclassification	Reclassification —Certain previous year amounts have been reclassified to conform with current year presentations, as related to the reporting of the Company’s discontinued operations. In addition, certain amounts in selling, general and administrative expense related to our Data Center operating segment were reclassified to cost of revenue as part of the Company’s new operating segment structure discussed in Note 11—“Operating Segment and Related Information.”
Newly Adopted Accounting Principles	Newly Adopted Accounting Principles In May 2011, an update was issued to the Fair Value Measurement Topic ASC 820, ASU 2011-04, “Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs,” which provides guidance on how to measure fair value and on what disclosures to provide about fair value measurements. It seeks to develop a single, converged fair value framework between the FASB and the International Financial Reporting Standards (“IFRS”) Board. On January 1, 2012, the Company adopted this update, which did not have a material impact on the condensed consolidated financial statements. In June 2011, an update was issued to the Comprehensive Income Topic ASC 220, ASU 2011-05, “Presentation of Comprehensive Income,” which provides guidance to all entities that report items of other comprehensive income, in any period presented. Under the amendments in this update, an entity has the option to present the total of comprehensive income, the components of net income, and the components of other comprehensive income either in a single continuous statement of comprehensive income or in two separate but consecutive statements. In both choices, an entity is required to present each component of net income along with total net income, each component of other comprehensive income along with a total for other comprehensive income, and a total amount for comprehensive income. In a single continuous statement, the entity is required to present the components of net income and total net income, the components of other comprehensive income and a total for other comprehensive income, along with the total of comprehensive income in that statement. In the two-statement approach, an entity is required to present components of net income and total net income in the statement of net income. The statement of other comprehensive income should immediately follow the statement of net income and include the components of other comprehensive income and a total for other comprehensive income, along with a total for comprehensive income. ASU 2011-05 also contains a provision that requires the entity to present on the face of the financial statements reclassification adjustments for items that are reclassified from other comprehensive income to net income in the statements where the components of net income and the components of other comprehensive income are presented. In December 2011, an update was issued to the Comprehensive Income Topic ASC 220, ASU 2011-12, “Deferral of the Effective Date for Amendments to the Presentation of Reclassifications of Items Out of Accumulated Other Comprehensive Income in Accounting Standards Update No. 2011-05,” which indefinitely deferred the requirement to present the reclassification adjustments out of other comprehensive income. On January 1, 2012, the Company adopted these updates, which did not have a material impact on the condensed consolidated financial statements. In September 2011, an update was issued to the Intangibles—Goodwill and Other Topic ASC 350, ASU 2011-08, “Testing Goodwill for Impairment,” which provides guidance to all entities, both public and nonpublic, that have goodwill reported in their financial statements. Under the amendments in this update, an entity has the option to first assess qualitative factors to determine whether the existence of events or circumstances leads to a determination that it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If, after assessing the totality of events or circumstances, an entity determines it is not more likely than not that the fair value of a reporting unit is less than its carrying amount, then performing the two-step impairment test is unnecessary. However, if an entity concludes otherwise, then it is required to perform the first step of the two-step impairment test by calculating the fair value of the reporting unit and comparing the fair value with the carrying amount of the reporting unit. If the carrying amount of a reporting unit exceeds its fair value, then the entity is required to perform the second step of the goodwill impairment test to measure the amount of the impairment loss. An entity has the option to bypass the qualitative assessment for any reporting unit in any period and proceed directly to performing the first step of the two-step goodwill impairment test. An entity may resume performing the qualitative assessment in any subsequent period. On January 1, 2012, the Company adopted this update, which did not have a material impact on the condensed consolidated financial statements. New Accounting Pronouncements In July 2012, an update was issued to the Intangibles—Goodwill and Other Topic ASC 350, ASU 2012-02, “Testing Indefinite-Lived Intangible Assets for Impairment,” which provides guidance to all entities, both public and nonpublic, that have indefinite-lived intangible assets, other than goodwill, reported in their financial statements. Under the amendments in this update, an entity has the option first to assess qualitative factors to determine whether the existence of events and circumstances indicates that it is more likely than not that the indefinite-lived intangible asset is impaired. If, after assessing the totality of events and circumstances, an entity concludes that it is not more likely than not that the indefinite-lived intangible asset is impaired, then the entity is not required to take further action. However, if an entity concludes otherwise, then it is required to determine the fair value of the indefinite-lived intangible asset and perform the quantitative impairment test by comparing the fair value with the carrying amount. An entity has the option to bypass the qualitative assessment for any indefinite-lived intangible asset in any period and proceed directly to performing the quantitative impairment test. An entity will be able to resume performing the qualitative assessment in any subsequent period. The Company’s effective date for adoption is January 1, 2013 and it does not foresee this accounting update having a material effect on its consolidated financials in future periods, although that could change.

- Definition

Disclosure of accounting policy for completed business combinations (purchase method, acquisition method or combination of entities under common control). This accounting policy may include a general discussion of the purchase method or acquisition method of accounting (including for example, the treatment accorded contingent consideration, the identification of assets and liabilities, the purchase price allocation process, how the fair values of acquired assets and liabilities are determined) and the entity's specific application thereof. An entity that acquires another entity in a leveraged buyout transaction generally discloses the accounting policy followed by the acquiring entity in determining the basis used to value its interest in the acquired entity, and the rationale for that accounting policy.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-URI http://asc.fasb.org/subtopic&trid=2303973

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-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=6909625&loc=d3e227-128457

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-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 6
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 7
-Subparagraph a, b, c, d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 88-16
-Section SEC Observer Comments
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141
-Paragraph 9, 10, 11, 12, 13
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

Disclosure of accounting policy regarding (1) the principles it follows in consolidating or combining the separate financial statements, including the principles followed in determining the inclusion or exclusion of subsidiaries or other entities in the consolidated or combined financial statements and (2) its treatment of interests (for example, common stock, a partnership interest or other means of exerting influence) in other entities, for example consolidation or use of the equity or cost methods of accounting. The accounting policy may also address the accounting treatment for intercompany accounts and transactions, noncontrolling interest, and the income statement treatment in consolidation for issuances of stock by a subsidiary.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=18733093&loc=d3e5614-111684

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Interpretation (FIN)
-Number 46R
-Paragraph 4
-Subparagraph c
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 18
-Paragraph 5, 6, 16-19
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 96-16
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Interpretation (FIN)
-Number 46R
-Paragraph 4
-Subparagraph d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 18
-Paragraph 20
-Subparagraph a(2)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 2-6
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 97-2
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph k
-Article 1

Reference 17: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 140
-Paragraph 46
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 18: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02, 03
-Article 3A

Reference 19: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Interpretation (FIN)
-Number 46R
-Paragraph 14, 15
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

Disclosure of accounting policy for any discontinued operations. The results of operations of a component of an entity that either has been disposed of or is classified as held for sale is reported in discontinued operations if both: (a) the operations and cash flows of the component have been (or will be) eliminated from the ongoing operations of the entity as a result of the disposal transaction and (b) the entity will not have any significant continuing involvement in the operations of the component after the disposal transaction. If the entity elects to allocate interest expense to a discontinued operation, it may disclose its accounting policy for this election and describe its method of allocation.

+ References + Details

- Definition

Disclosure of accounting policy for property, plant and equipment which may include the basis of such assets, depreciation methods used and estimated useful lives, the entity's capitalization policy, including its accounting treatment for costs incurred for repairs and maintenance activities, whether such asset balances include capitalized interest and the method by which such is calculated, how disposals of such assets are accounted for and how impairment of such assets is assessed and recognized.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-URI http://asc.fasb.org/subtopic&trid=2155824

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6367646&loc=d3e18780-107790

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.13(a))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 34
-Paragraph 8, 9
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 43
-Section C
-Paragraph 5
-Chapter 9
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 5
-Subparagraph d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 22
-Paragraph 12, 13
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 144
-Paragraph 7
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 13
-Subparagraph a
-Article 5

+ Details

ACQUISITIONS (Tables)

9 Months Ended

Sep. 30, 2012

Components of Consideration Transferred

The components of the consideration transferred follow (in thousands):


Consideration attributable to stock issued (1)	$	50,432
Consideration attributable to earned replaced equity awards (2)		177

Total consideration transferred	$	50,609

(1)	The fair value of PTGi’s common stock on the acquisition date was $15.60 per share based on the closing value of its common stock traded on the over-the-counter bulletin board. PTGi issued 3,232,812 shares of stock to effect this merger.

(2)

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

9 Months Ended

Sep. 30, 2012

Intangible Assets Not Subject to Amortization

The Company’s intangible assets not subject to amortization consisted of the following (in thousands):


	September 30, 2012		December 31, 2011
Goodwill	$	65,081	$	71,902
Trade Names	$	37,000	$	76,900

Goodwill

The changes in the carrying amount of goodwill and trade names by reporting unit for the nine months ended September 30, 2012 are as follows (in thousands):

Goodwill


	United States			Canada		Australia			Total
Balance as of December 31, 2011	$	37,146		$	32,819	$	1,937		$	71,902
Effect of change in foreign currency exchange rates		—			1,346		(4	)		1,342
Acquisition (disposition) of business		(1,280	)		956		(1,933	)		(2,257	)
Accumulated impairment loss		(5,906	)		—		—			(5,906	)

Balance as of September 30, 2012	$	29,960		$	35,121	$	—		$	65,081

Trade Names

Trade Names


	United States			Canada		Australia		Total
Balance as of December 31, 2011	$	76,900		$	—	$	—	$	76,900
Effect of change in foreign currency exchange rates		—			—		—		—
Acquisition (disposition) of business		(39,200	)		—		—		(39,200	)
Accumulated impairment loss		(700	)		—		—		(700	)

Balance as of September 30, 2012	$	37,000		$	—	$	—	$	37,000

Intangible Assets Subject to Amortization

Intangible assets subject to amortization consisted of the following (in thousands):


	September 30, 2012							December 31, 2011
	Gross Carrying Amount		Accumulated Amortization			Net Book Value		Gross Carrying Amount		Accumulated Amortization			Net Book Value
Trade Names	$	3,500	$	(1,052	)	$	2,448	$	3,500	$	(790	)	$	2,710
Licenses		—		—			—		2,800		(233	)		2,567
Customer relationships		94,706		(58,367	)		36,339		106,199		(52,699	)		53,500

Total	$	98,206	$	(59,419	)	$	38,787	$	112,499	$	(53,722	)	$	58,777

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References + Details

LONG-TERM OBLIGATIONS (Tables)

9 Months Ended

Sep. 30, 2012

Long-Term Obligations

Long-term obligations consisted of the following (in thousands):


	September 30, 2012			December 31, 2011
Obligations under capital leases and other	$	135		$	11,696
13% Senior Secured Notes due 2016		2,403			2,403
10% Senior Secured Notes due 2017		116,196			235,231

Subtotal	$	118,734		$	249,330
Original issue discount on Senior Secured Notes		(702	)		(1,568	)

Subtotal	$	118,032		$	247,762
Less: Current portion of long-term obligations		(150	)		(1,948	)

Total long-term obligations	$	117,882		$	245,814

Contractual Payments of Principal and Interest for Company's Long-Term Obligations

The following table reflects the contractual payments of principal and interest for the Company’s long-term obligations as of September 30, 2012:


Year Ending December 31,	Capital Leases and Other			10% Senior Secured Notes due 2017			13% Senior Secured Notes due 2016			Total
2012 (as of September 30, 2012)	$	36		$	5,810		$	156		$	6,002
2013		74			11,620			312			12,006
2014		31			11,620			312			11,963
2015		6			11,620			312			11,938
2016		—			11,620			2,716			14,336
Thereafter		—			119,585			—			119,585

Total minimum principal & interest payments		147			171,875			3,808			175,830
Less: Amount representing interest		(12	)		(55,679	)		(1,405	)		(57,096	)

Total long-term obligations	$	135		$	116,196		$	2,403		$	118,734

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
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-Section 50
-Paragraph 3
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Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6584090&loc=d3e28878-108400

Reference 6: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 505
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Reference 7: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 835
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-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28541-108399

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
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Reference 9: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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-SubTopic 30
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
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-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21521-112644

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 22
-Article 5

+ Details

COMMITMENTS AND CONTINGENCIES (Tables)

9 Months Ended

Sep. 30, 2012

Capital Leases and Other Purchase Obligations

Future minimum lease payments under capital leases and other purchase obligations and non-cancellable operating leases as of September 30, 2012 are as follows (in thousands):


Year Ending December 31,	Capital Leases and Other			Purchase Obligations		Operating Leases
2012 (as of September 30, 2012)	$	36		$	1,406	$	3,457
2013		74			4,301		12,266
2014		31			3,639		9,145
2015		6			41		7,287
2016		—			—		5,949
Thereafter		—			—		19,429

Total minimum principal & interest payments		147			9,387		57,533
Less: Amount representing interest		(12	)		—		—

Total long-term obligations	$	135		$	9,387	$	57,533

SHARE-BASED COMPENSATION (Tables)

9 Months Ended

Sep. 30, 2012

Summary of Company's Restricted Stock Units

A summary of PTGi’s restricted stock units activity during the nine months ended September 30, 2012 is as follows:


	Nine Months Ended September 30, 2012
	Shares			Weighted Average Grant Date Fair Value
Unvested – December 31, 2011		651,394		$	13.01
Granted		62,000		$	16.48
Vested		(322,971	)	$	13.40
Forfeitures		(55,850	)	$	15.17

Unvested – September 30, 2012		334,573		$	12.91

Summary of the Company's Stock Options and Stock Appreciation Rights

A summary of PTGi’s stock option and stock appreciation rights activity during the nine months ended September 30, 2012 is as follows:


	Nine Months Ended September 30, 2012
	Shares			Weighted Average Exercise Price
Outstanding – December 31, 2011		129,080		$	11.34
Granted		216,993		$	12.79
Exercised		(9,728	)	$	11.64
Forfeitures		(166,070	)	$	12.64

Outstanding – September 30, 2012		170,275		$	11.90

Eligible for exercise		123,498		$	11.11

Intrinsic Values and Remaining Contractual Terms of the Company's Stock Options and Stock Appreciation Rights

The following table summarizes the intrinsic values and remaining contractual terms of PTGi’s stock options and stock appreciation rights:


	Intrinsic Value		Weighted Average Remaining Life in Years
Options outstanding – September 30, 2012	$	612,599		8.0
Options exercisable – September 30, 2012		530,604		7.5

INCOME TAXES (Tables)

9 Months Ended

Sep. 30, 2012

Open Tax Years for Each Major Jurisdiction

The following table summarizes the open tax years for each major jurisdiction:


Jurisdiction		Open Tax Years

United States Federal		2002—2011
Canada		2004—2011
United Kingdom		2004—2011
Netherlands		2007—2011

FAIR VALUE OF FINANCIAL INSTRUMENTS AND DERIVATIVES (Tables)

9 Months Ended

Sep. 30, 2012

Summary of the Company's Financial Instruments Accounted for at Fair Value on a Recurring Basis

See the table below for a summary of the Company’s financial instruments accounted for at fair value on a recurring basis:


			Fair Value as of September 30, 2012, using:
	September 30, 2012		Quoted prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Liabilities:
Contingent Value Rights (CVRs)	$	21,112		—		21,112		—

Total	$	21,112		—		21,112		—


			Fair Value as of December 31, 2011, using:
	December 31, 2011		Quoted prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Liabilities:
Contingent Value Rights (CVRs)	$	16,196		—		16,196		—

Total	$	16,196		—		16,196		—

- Definition

Tabular disclosure of liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). Where the quoted price in an active market for the identical liability is not available, the Level 1 input is the quoted price of an identical liability when traded as an asset.

+ References + Details

OPERATING SEGMENT AND RELATED INFORMATION (Tables)

9 Months Ended

Sep. 30, 2012

Summary of Company's Operating Segments

Summary information with respect to the Company’s operating segments is as follows (in thousands):


	Three Months Ended September 30, 2012			Three Months Ended September 30, 2011			Nine Months Ended September 30, 2012			Nine Months Ended September 30, 2011
Net Revenue by Geographic Region
United States	$	8,788		$	11,441		$	28,377		$	33,737
Canada		55,123			62,867			168,924			187,763

Total	$	63,911		$	74,308		$	197,301		$	221,500

Net Revenue by Segment
Data Center	$	8,483		$	7,697		$	24,650		$	22,728
North America Telecom		55,428			66,417			172,651			198,201
Other		—			194			—			571

Total	$	63,911		$	74,308		$	197,301		$	221,500

Provision for Doubtful Accounts Receivable
Data Center	$	66		$	60		$	90		$	260
North America Telecom		624			972			1,575			3,187
Other		—			—			—			—

Total	$	690		$	1,032		$	1,665		$	3,447

Income (Loss) from Operations
Data Center	$	2,829		$	3,257		$	4,958		$	4,889
North America Telecom		2,721			2,163			12,629			10,574
Other		—			(125	)		—			(331	)

Total From Operating Segments		5,550			5,295			17,587			15,132
Corporate		(4,058	)		(3,720	)		(19,125	)		(14,352	)

Total	$	1,492		$	1,575		$	(1,538	)	$	780

Capital Expenditures
Data Center	$	4,016		$	2,470		$	11,280		$	5,894
North America Telecom		1,791			2,040			6,485			4,122
Other (1)		509			4,349			7,081			12,393

Total From Operating Segments		6,316			8,859			24,846			22,409
Corporate		93			49			289			380

Total	$	6,409		$	8,908		$	25,135		$	22,789

(1)	“Other” includes capital expenditures related to discontinued operations

The Segment Reporting for Property and Equipment - Net

The above capital expenditures exclude assets acquired under terms of capital lease and vendor financing obligations.


	September 30, 2012		December 31, 2011
Property and Equipment – Net
United States	$	3,018	$	3,643
Canada		61,662		54,674
Other (1)		—		93,863

Total	$	64,680	$	152,180


	September 30, 2012		December 31, 2011
Assets
United States	$	134,666	$	122,170
Canada		182,194		194,531
Other (1)		51,255		227,123

Total	$	368,115	$	543,824

(1)	“Other” includes property and equipment—net and assets of discontinued operations.

Net Revenue Information with Respect to the Company's Products

The Company offers three main products—Retail Voice, Data/Internet, and Retail VoIP. Net revenue information with respect to the Company’s products is as follows (in thousands):


	Three Months Ended September 30, 2012		Three Months Ended September 30, 2011		Nine Months Ended September 30, 2012		Nine Months Ended September 30, 2011
Retail Voice	$	37,724	$	48,917	$	120,404	$	146,524
Data/Internet		18,431		17,302		53,760		51,506
Retail VoIP		7,756		8,089		23,137		23,470

Total	$	63,911	$	74,308	$	197,301	$	221,500

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References + Details

DISCONTINUED OPERATIONS (Tables)

9 Months Ended

Sep. 30, 2012

Summarized Operating Results of the Discontinued Operations

Summarized operating results of the discontinued operations are as follows (in thousands):


	Three Months Ended September 30, 2012			Three Months Ended September 30, 2011
Net revenue	$	71,049		$	180,303
Operating expenses		73,698			176,885

Income (loss) from operations		(2,649	)		3,418
Interest expense		(2	)		(2,370	)
Interest income and other income (expense)		(7	)		(1,982	)
Foreign currency transaction gain (loss)		199			(6,994	)

Income (loss) before income tax		(2,459	)		(7,928	)
Income tax (expense) benefit		—			3,046

Income (loss) from discontinued operations	$	(2,459	)	$	(4,882	)


	Nine Months Ended September 30, 2012			Nine Months Ended September 30, 2011
Net revenue	$	355,019		$	539,325
Operating expenses		363,917			547,412

Income (loss) from operations		(8,898	)		(8,087	)
Interest expense		(511	)		(2,496	)
Interest income and other income (expense)		288			(1,095	)
Foreign currency transaction gain (loss)		(2,546	)		(3,078	)

Income (loss) before income tax		(11,667	)		(14,756	)
Income tax (expense) benefit		(6,342	)		1,907

Income (loss) from discontinued operations	$	(18,009	)	$	(12,849	)

Summarized assets and liabilities of ICS classified as held for sale are as follows (in thousands):


Accounts receivable	$	17,673
Prepaid expenses and other current assets		3,108
Restricted cash		488
Property and equipment - net		15,385
Other assets		8,873

Assets held for sale	$	45,527

Accounts payable	$	11,940
Accrued interconnection costs		7,063
Accrued expenses and other liabilities		5,609
Accrued income taxes		222
Current portion of long-term obligations		34
Deferred tax liability		8,677
Other liabilities		1,999

Liabilities held for sale	$	35,544

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

+ References + Details

BASIC AND DILUTED INCOME (LOSS) PER COMMON SHARE (Tables)

9 Months Ended

Sep. 30, 2012

Basic Income (Loss) Per Common Share to Diluted Income (Loss) Per Common Share

A calculation of basic income (loss) per common share to diluted income (loss) per common share is set forth below (in thousands, except per share amounts):


	Three Months Ended September 30, 2012			Three Months Ended September 30, 2011			Nine Months Ended September 30, 2012			Nine Months Ended September 30, 2011
Income (loss) from continuing operations, net of tax	$	(22,578	)	$	(5,128	)	$	(43,693	)	$	(22,758	)
Income (loss) from discontinued operations, net of tax		(2,459	)		(4,882	)		(18,009	)		(12,849	)
Gain (loss) from sale of discontinued operations, net of tax		—			—			98,666			—

Net income (loss) attributable to common stockholders-basic	$	(25,037	)	$	(10,010	)	$	36,964		$	(35,607	)

Net income (loss) attributable to common stockholders-diluted	$	(25,037	)	$	(10,010	)	$	36,964		$	(35,607	)

Weighted average common shares outstanding-basic		13,890			13,715			13,825			12,759

Weighted average common shares outstanding-diluted		13,890			13,715			13,825			12,759

Basic income (loss) per common share:
Income (loss) from continuing operations attributable to common stockholders	$	(1.63	)	$	(0.37	)	$	(3.16	)	$	(1.78	)
Income (loss) from discontinued operations	$	(0.18	)	$	(0.36	)	$	(1.30	)	$	(1.01	)
Gain (loss) from sale of discontinued operations, net of tax	$	—		$	—		$	7.14		$	—

Net income (loss) attributable to common stockholders	$	(1.81	)	$	(0.73	)	$	2.68		$	(2.79	)

Diluted income (loss) per common share:
Income (loss) from continuing operations attributable to common stockholders	$	(1.63	)	$	(0.37	)	$	(3.16	)	$	(1.78	)
Income (loss) from discontinued operations	$	(0.18	)	$	(0.36	)	$	(1.30	)	$	(1.01	)
Gain (loss) from sale of discontinued operations, net of tax	$	—		$	—		$	7.14		$	—

Net income (loss) attributable to common stockholders	$	(1.81	)	$	(0.73	)	$	2.68		$	(2.79	)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Additional Information (Detail) $ / shares in Units, $ in Millions	9 Months Ended
	Sep. 30, 2012 Unit	Jul. 31, 2012	Jul. 02, 2012 $ / shares shares	Jul. 01, 2009 USD ($) $ / shares shares
Related Party Transaction [Line Items]
Number of deemed reporting units \| Unit	1
Contingent value rights ("CVRs") [Member]
Related Party Transaction [Line Items]
Total common stock shares issued \| shares			2,835,225	2,665,000
Price per common stock shares issued \| $ / shares			$ 33.79	$ 35.95
Estimated fair value recorded in "other liabilities" \| $				$ 2.6
Globility Communications Corporation [Member]
Related Party Transaction [Line Items]
Percentage ownership through direct and indirect ownership structures		45.60%
Globility Canada [Member]
Related Party Transaction [Line Items]
Purchase of Globility in Canada		54.40%
Fiber optic and submarine cable [Member] \| Minimum [Member]
Related Party Transaction [Line Items]
Estimated useful lives of property and equipment	8 years
Fiber optic and submarine cable [Member] \| Maximum [Member]
Related Party Transaction [Line Items]
Estimated useful lives of property and equipment	25 years
Network equipment [Member] \| Minimum [Member]
Related Party Transaction [Line Items]
Estimated useful lives of property and equipment	5 years
Network equipment [Member] \| Maximum [Member]
Related Party Transaction [Line Items]
Estimated useful lives of property and equipment	8 years
Furniture and equipment [Member]
Related Party Transaction [Line Items]
Estimated useful lives of property and equipment	5 years

ACQUISITIONS - Additional Information (Detail)	1 Months Ended
ACQUISITIONS - Additional Information (Detail)	Feb. 28, 2011 shares
Business Acquisition [Line Items]
Shares received of PTGi common stock	0.5817
Stock consideration issued for merger, shares	3,232,812
Additional shares reserved for issuance	95,000

- Definition

Number of shares of stock issued during the period pursuant to acquisitions.

+ References + Details

ACQUISITIONS - Components of Consideration Transferred (Detail) $ in Thousands	Feb. 28, 2011 USD ($)
Business Acquisition [Line Items]
Consideration attributable to stock issued	$ 50,432
Consideration attributable to earned replaced equity awards	177
Total consideration transferred	$ 50,609

- Definition

The acquisition-date fair value of the equity interests of the acquirer, including the number of instruments or interests issued or issuable in consideration for the business combination.

+ References + Details

- Definition

This element represents the acquisition-date fair value of the total consideration transferred which consists of the sum of the acquisition-date fair values of the assets transferred by the acquirer, the liabilities incurred by the acquirer to former owners of the acquiree, and the equity interests issued by the acquirer.

+ References + Details

ACQUISITIONS - Components of Consideration Transferred (Parenthetical) (Detail)	1 Months Ended
	Feb. 28, 2011 $ / shares shares
Business Acquisition [Line Items]
Fair value of common stock on acquisition date \| $ / shares	$ 15.60
Stock consideration issued for merger, shares \| shares	3,232,812
Percentage of unvested and outstanding awards vested	50.00%

- Definition

Number of shares of stock issued during the period pursuant to acquisitions.

+ References + Details

GOODWILL AND OTHER INTANGIBLE ASSETS - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended			6 Months Ended	9 Months Ended
	Sep. 30, 2012	Jun. 30, 2012	Sep. 30, 2011	Jun. 30, 2012	Sep. 30, 2012	Sep. 30, 2011	Feb. 28, 2011
Indefinite-lived Intangible Assets [Line Items]
Stock consideration for acquisition of Arbinet							$ 50,600
Stock price per share, minimum							$ 9.57
Stock price per share, maximum							$ 15.60
Preliminary enterprise value of Arbinet	$ 36,200				$ 36,200
Value of goodwill implied	4,700				4,700
Goodwill impairment	14,700				10,298	$ 14,679
Increase in carrying value with effect to fair value				$ 10,300
Impairment charge of goodwill					5,900
Sale of Trademarks of Primus Australia		$ 39,200
Deferred tax liabilities		$ 15,200		$ 15,200
Amortization expense for trade names, licenses and customer relationships	2,900		$ 4,200		8,500	$ 12,500
Remainder of 2012	2,900				2,900
2013	8,300				8,300
2014	6,100				6,100
2015	4,600				4,600
2016	3,600				3,600
Thereafter	$ 13,300				13,300
Licenses [Member]
Indefinite-lived Intangible Assets [Line Items]
Impairment charges					2,400
Customer relationships [Member]
Indefinite-lived Intangible Assets [Line Items]
Impairment charges					1,300
Trademarks [Member]
Indefinite-lived Intangible Assets [Line Items]
Impairment charges					$ 700

GOODWILL AND OTHER INTANGIBLE ASSETS - Intangible Assets Not Subject to Amortization (Detail) - USD ($) $ in Thousands	Sep. 30, 2012	Dec. 31, 2011
Schedule Of Goodwill And Other Intangible Assets [Line Items]
GOODWILL	$ 65,081	$ 71,902
Trade Names	$ 37,000	$ 76,900

- Definition

Carrying amount as of the balance sheet date, which is the cumulative amount paid and (if applicable) the fair value of any noncontrolling interest in the acquiree, adjusted for any amortization recognized prior to the adoption of any changes in generally accepted accounting principles (as applicable) and for any impairment charges, in excess of the fair value of net assets acquired in one or more business combination transactions.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6388280&loc=d3e13770-109266

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 45
-Subparagraph e
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 43
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 72
-Subparagraph d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 45
-Subparagraph e
-Clause 1
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 68
-Subparagraph l
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 34
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

GOODWILL AND OTHER INTANGIBLE ASSETS - Goodwill (Detail) $ in Thousands	9 Months Ended
	Sep. 30, 2012 USD ($)
Goodwill [Line Items]
Goodwill, Beginning Balance	$ 71,902
Effect of change in foreign currency exchange rates	1,342
Acquisition (disposition) of business	(2,257)
Accumulated impairment loss	(5,906)
Goodwill, Ending Balance	65,081
United States [Member]
Goodwill [Line Items]
Goodwill, Beginning Balance	37,146
Effect of change in foreign currency exchange rates
Acquisition (disposition) of business	(1,280)
Accumulated impairment loss	(5,906)
Goodwill, Ending Balance	29,960
Canada [Member]
Goodwill [Line Items]
Goodwill, Beginning Balance	32,819
Effect of change in foreign currency exchange rates	1,346
Acquisition (disposition) of business	956
Accumulated impairment loss
Goodwill, Ending Balance	35,121
Australia [Member]
Goodwill [Line Items]
Goodwill, Beginning Balance	1,937
Effect of change in foreign currency exchange rates	(4)
Acquisition (disposition) of business	(1,933)
Accumulated impairment loss
Goodwill, Ending Balance

- Definition

+ References

+ Details

GOODWILL AND OTHER INTANGIBLE ASSETS - Trade Names (Detail) $ in Thousands	9 Months Ended
	Sep. 30, 2012 USD ($)
Indefinite-lived Intangible Assets [Line Items]
Trade Names, Beginning Balance	$ 76,900
Effect of change in foreign currency exchange rates
Acquisition (disposition) of business	(39,200)
Accumulated impairment loss	(700)
Trade Names, Ending Balance	37,000
United States [Member]
Indefinite-lived Intangible Assets [Line Items]
Trade Names, Beginning Balance	76,900
Effect of change in foreign currency exchange rates
Acquisition (disposition) of business	(39,200)
Accumulated impairment loss	(700)
Trade Names, Ending Balance	37,000
Canada [Member]
Indefinite-lived Intangible Assets [Line Items]
Trade Names, Beginning Balance
Effect of change in foreign currency exchange rates
Acquisition (disposition) of business
Accumulated impairment loss
Trade Names, Ending Balance
Australia [Member]
Indefinite-lived Intangible Assets [Line Items]
Trade Names, Beginning Balance
Effect of change in foreign currency exchange rates
Acquisition (disposition) of business
Accumulated impairment loss
Trade Names, Ending Balance

GOODWILL AND OTHER INTANGIBLE ASSETS - Intangible Assets Subject to Amortization (Detail) - USD ($) $ in Thousands	Sep. 30, 2012	Dec. 31, 2011
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 98,206	$ 112,499
Accumulated Amortization	(59,419)	(53,722)
Net Book Value	38,787	58,777
Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	3,500	3,500
Accumulated Amortization	(1,052)	(790)
Net Book Value	2,448	2,710
Licenses [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount		2,800
Accumulated Amortization		(233)
Net Book Value		2,567
Customer relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	94,706	106,199
Accumulated Amortization	(58,367)	(52,699)
Net Book Value	$ 36,339	$ 53,500

LONG-TERM OBLIGATIONS - Long-Term Obligations (Detail) - USD ($) $ in Thousands	Sep. 30, 2012	Dec. 31, 2011
Debt Instrument [Line Items]
Obligations under capital leases and other	$ 135	$ 11,696
Subtotal	118,734	249,330
Original issue discount on Senior Secured Notes	(702)	(1,568)
Subtotal	118,032	247,762
Less: Current portion of long-term obligations	(150)	(1,948)
Total long-term obligations	117,882	245,814
13% Senior Secured Notes due 2016 [Member]
Debt Instrument [Line Items]
Senior Secured Notes	2,403	2,403
10% Senior Secured Notes due 2017 [Member]
Debt Instrument [Line Items]
Senior Secured Notes	$ 116,196	$ 235,231

LONG-TERM OBLIGATIONS - Contractual Payments of Principal and Interest for Company's Long-Term Obligations (Detail) $ in Thousands	Sep. 30, 2012 USD ($)
Debt Instrument [Line Items]
2012 (as of September 30, 2012)	$ 36
2013	74
2014	31
2015	6
2016
Thereafter
Total minimum principal & interest payments	147
Less: Amount representing interest	(12)
Total long-term obligations	135
Long term debt maturities
2012 (as of September 30, 2012)	6,002
2013	12,006
2014	11,963
2015	11,938
2016	14,336
Thereafter	119,585
Total minimum principal & interest payments	175,830
Less: Amount representing interest	(57,096)
Total long-term obligations	118,734
10% Senior Secured Notes due 2017 [Member]
Long term debt maturities
2012 (as of September 30, 2012)	5,810
2013	11,620
2014	11,620
2015	11,620
2016	11,620
Thereafter	119,585
Total minimum principal & interest payments	171,875
Less: Amount representing interest	(55,679)
Total long-term obligations	116,196
13% Senior Secured Notes due 2016 [Member]
Long term debt maturities
2012 (as of September 30, 2012)	156
2013	312
2014	312
2015	312
2016	2,716
Total minimum principal & interest payments	3,808
Less: Amount representing interest	(1,405)
Total long-term obligations	$ 2,403

LONG-TERM OBLIGATIONS - Additional Information (Detail) - USD ($)	3 Months Ended	9 Months Ended
	Sep. 30, 2011	Sep. 30, 2012	Sep. 17, 2012	Jun. 20, 2012	Dec. 31, 2011
Debt Instrument [Line Items]
Restructuring of debt	$ 6,900,000
Primus Australia [Member]
Debt Instrument [Line Items]
Excess proceeds from sale of assets		$ 183,300,000
10% Senior Secured Notes due 2017 [Member]
Debt Instrument [Line Items]
Aggregate principal amount repurchased					$ 5,000,000
Deferred financing costs		9,500,000
Original issue discount included in gain (loss) on early extinguishment or restructuring of debt		700,000
Premiums and other costs		$ 10,900,000
Aggregate principal amount					$ 5,000,000
Percentage of face value					99.00%
Senior Secured Notes		10.00%
Aggregate principal amount issued		$ 240,200,000
Principal amount outstanding		116,200,000
Aggregate principal amount issued pursuant to exchange offer		228,600,000
Aggregate principal amount exchanged pursuant		$ 11,600,000
10% Senior Secured Notes due 2017 [Member] \| Primus Telecommunications Holding, Inc. [Member]
Debt Instrument [Line Items]
Aggregate principal amount repurchased			$ 119,000,000
Purchase price in cash			109.00%	100.00%
Aggregate principal amount			$ 119,000,000
Aggregate principal amount issued				$ 183,300,000
Purchase price in cash			109.00%	100.00%
13% Senior Secured Notes due 2016 [Member]
Debt Instrument [Line Items]
Senior Secured Notes		13.00%
Principal amount outstanding		$ 2,400,000
14 1/4% Senior Subordinated Secured Notes due 2013 [Member]
Debt Instrument [Line Items]
Senior Secured Notes		14.25%

COMMITMENTS AND CONTINGENCIES - Capital Leases and Other Purchase Obligations (Detail) $ in Thousands	Sep. 30, 2012 USD ($)
Capital Leases and Other
2012 (as of September 30, 2012)	$ 36
2013	74
2014	31
2015	6
2016
Thereafter
Total minimum principal & interest payments	147
Less: Amount representing interest	(12)
Total long-term obligations	135
Purchase Obligations
2012 (as of September 30, 2012)	1,406
2013	4,301
2014	3,639
2015	41
2016
Thereafter
Total minimum principal & interest payments	9,387
Total long-term obligations	9,387
Operating Leases
2012 (as of September 30, 2012)	3,457
2013	12,266
2014	9,145
2015	7,287
2016	5,949
Thereafter	19,429
Total minimum principal & interest payments	57,533
Total long-term obligations	$ 57,533

COMMITMENTS AND CONTINGENCIES - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Purchase commitments			$ 7.2	$ 24.0
Rent expense	$ 0.8	$ 1.1	$ 2.3	$ 3.6

SHARE-BASED COMPENSATION - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011	Jun. 27, 2012	Dec. 31, 2011
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted			217,000	32,500
Total share-based compensation expense recognized	$ 0.9	$ 0.7	$ 5.0	$ 4.1
RSU [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unvested outstanding	334,573		334,573			651,394
Compensation expense	$ 2.3		$ 2.3
Weighted average remaining period			1 year 4 months 24 days
Unvested shares expected to vest	300,000		300,000
Share based compensation restricted stock units					41,333
Stock Options and Stock Appreciation Rights [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted			216,993
Weighted average remaining period			1 year 4 months 24 days
Unvested stock options and stock appreciation rights outstanding	47,000		47,000
Compensation expense	$ 0.2		$ 0.2
Unvested shares expected to vest	42,000		42,000
Weighted average remaining life			8 years
Weighted average exercise price	$ 11.82		$ 11.82
Intrinsic value	$ 0.1		$ 0.1

SHARE-BASED COMPENSATION - Summary of Company's Restricted Stock Units (Detail) - RSU [Member]	9 Months Ended
	Sep. 30, 2012 $ / shares shares
Summary of Company's restricted stock units, Weighted Average Exercise Price
Weighted Average Grant Date Fair Value, Beginning balance \| $ / shares	$ 13.01
Weighted Average Grant Date Fair Value, Granted \| $ / shares	16.48
Weighted Average Grant Date Fair Value, Vested \| $ / shares	13.40
Weighted Average Grant Date Fair Value, Forfeitures \| $ / shares	15.17
Weighted Average Grant Date Fair Value, Ending balance \| $ / shares	$ 12.91
Summary of Company's restricted stock units, Shares
Shares Beginning Balance \| shares	651,394
Shares, Granted \| shares	62,000
Shares, Vested \| shares	(322,971)
Shares, Forfeitures \| shares	(55,850)
Shares Ending Balance \| shares	334,573

SHARE-BASED COMPENSATION - Summary of the Company's Stock Options and Stock Appreciation Rights (Detail) - $ / shares	9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares, Granted	217,000	32,500
Stock Options and Stock Appreciation Rights [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted Average Exercise Price, Beginning balance	$ 11.34
Weighted Average Exercise Price, Granted	12.79
Weighted Average Exercise Price, Exercised	11.64
Weighted Average Exercise Price, Forfeitures	12.64
Weighted Average Exercise Price, Ending balance	11.90
Weighted Average Exercise Price, Eligible for exercise	$ 11.11
Shares, Beginning balance	129,080
Shares, Granted	216,993
Shares, Exercised	(9,728)
Shares, Forfeitures	(166,070)
Shares, Ending balance	170,275
Shares, Eligible for exercise	123,498

SHARE-BASED COMPENSATION - Intrinsic Values and Remaining Contractual Terms of the Company's Stock Options and Stock Appreciation Rights (Detail)	9 Months Ended
	Sep. 30, 2012 USD ($)
Weighted average remaining life in years options outstanding	8 years
Weighted average remaining life in years options exercisable	7 years 6 months
Intrinsic value options outstanding	$ 612,599
Intrinsic value options exercisable	$ 530,604

STOCKHOLDERS' EQUITY - Additional Information (Detail) $ / shares in Units, $ in Millions	1 Months Ended	9 Months Ended	12 Months Ended
	Aug. 31, 2011 USD ($)	Sep. 30, 2012 USD ($) $ / shares $ / Warrant shares	Dec. 31, 2011 $ / shares shares
Common stock, shares outstanding		13,899,543	13,741,020
Cash dividend per share declared \| $ / shares		$ 1.00
Aggregate dividend paid \| $		$ 13.8
Dividend per share declared on RSU \| $ / shares		$ 1.00
Stock repurchase program \| $	$ 15.0
Shares repurchased			31,626
Weighted average price \| $ / shares			$ 11.92
Class A-1 [Member]
Number of warrants entitled for purchase		1,000,000
Increase in number of warrants entitled for purchase		1,063,875
Exercise price per share \| $ / Warrant		12.22
Decrease in exercise price per share \| $ / shares		$ 11.49
Class A-2 [Member]
Number of warrants entitled for purchase		1,000,000
Increase in number of warrants entitled for purchase		1,063,875
Exercise price per share \| $ / Warrant		16.53
Decrease in exercise price per share \| $ / shares		$ 15.54
Class A-3 [Member]
Number of warrants entitled for purchase		1,000,000
Increase in number of warrants entitled for purchase		1,063,875
Exercise price per share \| $ / Warrant		20.50
Decrease in exercise price per share \| $ / shares		$ 19.27
Class B [Member]
Number of warrants entitled for purchase		1,500,000
Increase in number of warrants entitled for purchase		1,595,812
Exercise price per share \| $ / Warrant		26.01
Decrease in exercise price per share \| $ / shares		$ 24.45

INCOME TAXES - Open Tax Years for Each Major Jurisdiction (Detail)	9 Months Ended
	Sep. 30, 2012
United States Federal [Member]
Income Tax Contingency [Line Items]
Open tax years beginning	2002
Open tax years ending	2011
Canada [Member]
Income Tax Contingency [Line Items]
Open tax years beginning	2004
Open tax years ending	2011
United Kingdom [Member]
Income Tax Contingency [Line Items]
Open tax years beginning	2004
Open tax years ending	2011
Netherlands [Member]
Income Tax Contingency [Line Items]
Open tax years beginning	2007
Open tax years ending	2011

INCOME TAXES - Additional Information (Detail) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2012	Feb. 28, 2011	Jul. 01, 2009
Income Taxes [Line Items]
Expected period of unrecognized tax benefits	12 months
Gross unrecognized tax benefit	$ 76.8
Net operating losses		$ 2.2	$ 1.6

FAIR VALUE OF FINANCIAL INSTRUMENTS AND DERIVATIVES - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011	Dec. 31, 2011
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Estimated aggregate fair value of the Company's debt, based on quoted market prices	$ 129.1		$ 129.1		$ 235.4
Aggregate carrying value of the Company's debt	$ 117.9		$ 117.9		$ 236.1
Contingent Value Rights (CVRs) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Expected life			6 years 9 months
Risk-free rate			0.99%
Expected volatility			45.26%
Dividend yield			0.00%
Exercise price	$ 33.79		$ 33.79
Share price	$ 15.27		$ 15.27
(Income) expenses recognized	$ (0.2)	$ (11.4)	$ 4.9	$ (7.1)

FAIR VALUE OF FINANCIAL INSTRUMENTS AND DERIVATIVES - Summary of the Company's Financial Instruments Accounted for at Fair Value on a Recurring Basis (Detail) - USD ($) $ in Thousands	Sep. 30, 2012	Dec. 31, 2011
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total	$ 21,112	$ 16,196
Fair value on a recurring basis [Member] \| Contingent Value Rights (CVRs) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total	21,112	16,196
Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total	21,112	16,196
Significant Other Observable Inputs (Level 2) [Member] \| Fair value on a recurring basis [Member] \| Contingent Value Rights (CVRs) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total	$ 21,112	$ 16,196

OPERATING SEGMENT AND RELATED INFORMATION - Additional Information (Detail)	9 Months Ended
	Sep. 30, 2012 Segment Customer Product
Number of geographical reportable segments	2
Number of operating reportable segments	3
Percentage of revenue accounted by major customers	greater than 10%
Number of major customers \| Customer	0
Number of main products \| Product	3

OPERATING SEGMENT AND RELATED INFORMATION - Summary of Company's Operating Segments (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Segment Reporting Information [Line Items]
NET REVENUE	$ 63,911	$ 74,308	$ 197,301	$ 221,500
Provision for Doubtful Accounts Receivable	690	1,032	1,665	3,447
Income (Loss) from operations	1,492	1,575	(1,538)	780
Capital Expenditures	6,409	8,908	25,135	22,789
United States [Member]
Segment Reporting Information [Line Items]
NET REVENUE	8,788	11,441	28,377	33,737
Canada [Member]
Segment Reporting Information [Line Items]
NET REVENUE	55,123	62,867	168,924	187,763
Data Center [Member]
Segment Reporting Information [Line Items]
NET REVENUE	8,483	7,697	24,650	22,728
Provision for Doubtful Accounts Receivable	66	60	90	260
Income (Loss) from operations	2,829	3,257	4,958	4,889
Capital Expenditures	4,016	2,470	11,280	5,894
North America Telecom [Member]
Segment Reporting Information [Line Items]
NET REVENUE	55,428	66,417	172,651	198,201
Provision for Doubtful Accounts Receivable	624	972	1,575	3,187
Income (Loss) from operations	2,721	2,163	12,629	10,574
Capital Expenditures	1,791	2,040	6,485	4,122
Other [Member]
Segment Reporting Information [Line Items]
NET REVENUE		194		571
Income (Loss) from operations		(125)		(331)
Capital Expenditures	509	4,349	7,081	12,393
Total From Operating Segments [Member]
Segment Reporting Information [Line Items]
Income (Loss) from operations	5,550	5,295	17,587	15,132
Capital Expenditures	6,316	8,859	24,846	22,409
Corporate [Member]
Segment Reporting Information [Line Items]
Income (Loss) from operations	(4,058)	(3,720)	(19,125)	(14,352)
Capital Expenditures	$ 93	$ 49	$ 289	$ 380

OPERATING SEGMENT AND RELATED INFORMATION - The Segment Reporting for Property and Equipment - Net (Detail) - USD ($) $ in Thousands	Sep. 30, 2012	Dec. 31, 2011
Segment Reporting, Other Significant Reconciling Item [Line Items]
PROPERTY AND EQUIPMENT - Net	$ 64,680	$ 152,180
Assets	368,115	543,824
United States [Member]
Segment Reporting, Other Significant Reconciling Item [Line Items]
PROPERTY AND EQUIPMENT - Net	3,018	3,643
Assets	134,666	122,170
Canada [Member]
Segment Reporting, Other Significant Reconciling Item [Line Items]
PROPERTY AND EQUIPMENT - Net	61,662	54,674
Assets	182,194	194,531
Other Countries [Member]
Segment Reporting, Other Significant Reconciling Item [Line Items]
PROPERTY AND EQUIPMENT - Net		93,863
Assets	$ 51,255	$ 227,123

OPERATING SEGMENT AND RELATED INFORMATION - Net Revenue Information with Respect to the Company's Products (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Revenue from External Customer [Line Items]
NET REVENUE	$ 63,911	$ 74,308	$ 197,301	$ 221,500
Retail Voice [Member]
Revenue from External Customer [Line Items]
NET REVENUE	37,724	48,917	120,404	146,524
Data/Internet [Member]
Revenue from External Customer [Line Items]
NET REVENUE	18,431	17,302	53,760	51,506
Retail VoIP [Member]
Revenue from External Customer [Line Items]
NET REVENUE	$ 7,756	$ 8,089	$ 23,137	$ 23,470

DISCONTINUED OPERATIONS - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2012	Dec. 31, 2011	Sep. 30, 2012	Apr. 30, 2012
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
GAIN (LOSS) FROM SALE OF DISCONTINUED OPERATIONS, net of tax			$ 98,666
Company sold its Brazilian segment		$ 4,300
Brazilian Segment [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
GAIN (LOSS) FROM SALE OF DISCONTINUED OPERATIONS, net of tax		$ 4,800
Primus Australia [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Outstanding equity value				$ 195,700
GAIN (LOSS) FROM SALE OF DISCONTINUED OPERATIONS, net of tax	$ 98,600
Proceeds from sale placed in escrow	$ 9,800

DISCONTINUED OPERATIONS - Summarized Operating Results of the Discontinued Operations (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Net revenue	$ 71,049	$ 180,303	$ 355,019	$ 539,325
Operating expenses	73,698	176,885	363,917	547,412
Income (loss) from operations	(2,649)	3,418	(8,898)	(8,087)
Interest expense	(2)	(2,370)	(511)	(2,496)
Interest income and other income (expense)	(7)	(1,982)	288	(1,095)
Foreign currency transaction gain (loss)	199	(6,994)	(2,546)	(3,078)
Income (loss) before income tax	(2,459)	(7,928)	(11,667)	(14,756)
Income tax (expense) benefit		3,046	(6,342)	1,907
Income (loss) from discontinued operations	(2,459)	$ (4,882)	(18,009)	$ (12,849)
Summarized assets and liabilities of ICS classified as held-for-sale
Accounts receivable	17,673		17,673
Prepaid expenses and other current assets	3,108		3,108
Restricted cash	488		488
Property and equipment - net	15,385		15,385
Other assets	8,873		8,873
Assets held for sale	45,527		45,527
Accounts payable	11,940		11,940
Accrued interconnection costs	7,063		7,063
Accrued expenses and other liabilities	5,609		5,609
Accrued income taxes	222		222
Current portion of long-term obligations	34		34
Deferred tax liability	8,677		8,677
Other liabilities	1,999		1,999
Liabilities held for sale	$ 35,544		$ 35,544

BASIC AND DILUTED INCOME (LOSS) PER COMMON SHARE - Additional Information (Detail) - shares shares in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Dilutive common share	0.0	0.0	0.0	0.0
Shares issuable upon exercise of stock options and RSUs under the Management Compensation Plan [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share	0.5	0.6	0.5	0.6
Shares issuable upon exercise of stock warrants [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share	4.8	4.5	4.8	4.5
Shares issuable upon exercise of CVRs [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share	2.8	2.7	2.8	2.7

- Definition

Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Antidilution
-URI http://asc.fasb.org/extlink&oid=6505113

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Diluted Earnings Per Share
-URI http://asc.fasb.org/extlink&oid=6510752

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Contingent Stock Agreement
-URI http://asc.fasb.org/extlink&oid=6508534

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 40
-Subparagraph c
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 13, 14
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 07-4
-Paragraph 4
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 171
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

BASIC AND DILUTED INCOME (LOSS) PER COMMON SHARE - Basic Income (Loss) Per Common Share to Diluted Income (Loss) Per Common Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Income (loss) from continuing operations, net of tax	$ (22,578)	$ (5,128)	$ (43,693)	$ (22,758)
INCOME (LOSS) FROM DISCONTINUED OPERATIONS, net of tax	(2,459)	(4,882)	(18,009)	(12,849)
GAIN (LOSS) FROM SALE OF DISCONTINUED OPERATIONS, net of tax			98,666
Net income (loss) attributable to common stockholders-basic	(25,037)	(10,010)	36,964	(35,607)
Net income (loss) attributable to common stockholders-diluted	$ (25,037)	$ (10,010)	$ 36,964	$ (35,607)
Weighted average common shares outstanding-basic	13,890	13,715	13,825	12,759
Weighted average common shares outstanding-diluted	13,890	13,715	13,825	12,759
Basic income (loss) per common share:
Income (loss) from continuing operations attributable to common stockholders	$ (1.63)	$ (0.37)	$ (3.16)	$ (1.78)
Income (loss) from discontinued operations	(0.18)	(0.36)	(1.30)	(1.01)
GAIN (LOSS) FROM SALE OF DISCONTINUED OPERATIONS, net of tax			7.14
Net income (loss) attributable to common stockholders	(1.81)	(0.73)	2.68	(2.79)
Diluted income (loss) per common share:
Income (loss) from continuing operations attributable to common stockholders	(1.63)	(0.37)	(3.16)	(1.78)
Income (loss) from discontinued operations	(0.18)	(0.36)	(1.30)	(1.01)
GAIN (LOSS) FROM SALE OF DISCONTINUED OPERATIONS, net of tax			7.14
Net income (loss) attributable to common stockholders	$ (1.81)	$ (0.73)	$ 2.68	$ (2.79)

RELATED PARTY TRANSACTIONS - Additional Information (Detail) - 10% Senior Secured Notes due 2017 [Member] - USD ($) $ in Millions	Sep. 17, 2012	Jun. 20, 2012	Dec. 31, 2011
Related Party Transaction [Line Items]
Aggregate principal amount			$ 5.0
Primus Telecommunications Holding, Inc. [Member]
Related Party Transaction [Line Items]
Aggregate principal amount	$ 119.0
Purchase price in cash	109.00%	100.00%
Singer Children Management Trust [Member]
Related Party Transaction [Line Items]
Aggregate principal amount	$ 3.9
Purchase price	4.3
Other Entities Associated With Singer Family [Member]
Related Party Transaction [Line Items]
Aggregate principal amount	13.3
Purchase price	$ 14.5