2.4.0.80015 - Disclosure - RESTRICTED STOCKtruefalsefalse1false falsefalseFrom2013-01-01to2013-06-30http://www.sec.gov/CIK0001031927duration2013-01-01T00:00:002013-06-30T00:00:001true 1ecte_NotesToFinancialStatementsAbstractecte_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse0Notes to Financial Statements2false 2ecte_RestrictedStockTextBlockecte_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00 During the six months ended June 30, 2013, the Company granted an aggregate of 38,638 restricted shares of Common Stock to certain officers, employees, directors and consultants of the Company.  The grants were issued pursuant to the 2008 Plan.  The grant date fair value of these restricted stock grants was approximately $250,316.  Share-based compensation expense related to restricted stock recognized in the six months ended June 30, 2013 and June 30, 2012 was approximately $313,000 and $29,000, respectively.    A summary of the Companys nonvested restricted stock activity as of and for the six months ended June 30, 2013, is as follows:   <table cellspacing="0" cellpadding="0" style="width: 100%; font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="border-bottom: black 1pt solid; line-height: 115%">Restricted Stock</td> <td style="line-height: 115%"> </td> <td colspan="2" style="border-bottom: black 1pt solid">     Shares</td> <td style="line-height: 115%"> </td> <td style="line-height: 115%"> </td> <td colspan="2" style="border-bottom: black 1pt solid"> Weighted- Average Grant-Date Fair Value</td> <td style="line-height: 115%"> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 78%; text-indent: 12pt; line-height: 115%">Nonvested at January 1, 2013</td> <td style="width: 1%; line-height: 115%"> </td> <td style="width: 1%; line-height: 115%"> </td> <td style="width: 8%; text-align: right; line-height: 115%">316,044</td> <td style="width: 1%; line-height: 115%"> </td> <td style="width: 1%; line-height: 115%"> </td> <td style="width: 1%; line-height: 115%">$</td> <td style="width: 8%; text-align: right; line-height: 115%">16.60</td> <td style="width: 1%; line-height: 115%"> </td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 0.25in; text-indent: 12pt; line-height: 115%">Granted this period</td> <td style="line-height: 115%"> </td> <td style="line-height: 115%"> </td> <td style="text-align: right; line-height: 115%">38,638</td> <td style="line-height: 115%"> </td> <td style="line-height: 115%"> </td> <td style="line-height: 115%"> </td> <td style="text-align: right; line-height: 115%">6.48</td> <td style="line-height: 115%"> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 0.25in; text-indent: 12pt; line-height: 115%">Vested</td> <td style="line-height: 115%"> </td> <td style="line-height: 115%"> </td> <td style="text-align: right; line-height: 115%">(22,953</td> <td style="line-height: 115%">)</td> <td style="line-height: 115%"> </td> <td style="line-height: 115%"> </td> <td style="text-align: right; line-height: 115%">19.75</td> <td style="line-height: 115%"> </td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 0.25in; text-indent: 12pt; line-height: 115%">Forfeited</td> <td style="line-height: 115%"> </td> <td style="border-bottom: black 1pt solid; line-height: 115%"> </td> <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%">(24,500</td> <td style="line-height: 115%">)</td> <td style="line-height: 115%"> </td> <td style="border-bottom: black 1pt solid; line-height: 115%"> </td> <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%">9.94</td> <td style="line-height: 115%"> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-indent: 12pt; line-height: 115%">Nonvested at June 30, 2013</td> <td style="line-height: 115%"> </td> <td style="border-bottom: black 2.25pt double; line-height: 115%"> </td> <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%">307,229</td> <td style="line-height: 115%"> </td> <td style="line-height: 115%"> </td> <td style="border-bottom: black 2.25pt double; line-height: 115%">$</td> <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%">15.62</td> <td style="line-height: 115%"> </td></tr> </table>   Among the 307,229 shares of non-vested restricted stock, the various vesting criteria include the following:   <table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 0"></td><td style="width: 45pt">·</td><td>165,460 shares of restricted stock vest upon the FDA approval of Symphony or the sale of the Company; and</td></tr></table> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 0"></td><td style="width: 45pt">·</td><td>141,769 shares of restricted stock vest over one to four years, at each of the anniversary dates of the grants.</td></tr></table>    As of June 30, 2013, there was approximately $1,658,000 of total unrecognized compensation expense related to non-vested share-based restricted stock arrangements granted pursuant to the Companys equity compensation plans that vest over time in the foreseeable future. As of June 30, 2013, the Company cannot estimate the timing of completion of performance vesting requirements required by certain of these restricted stock grant arrangements.  Compensation expense related to these restricted share grants will be recognized when the Company concludes that achievement of the performance vesting conditions is probable.  falsefalsefalsenonnum:textBlockItemTypenaRestrictedStockTextBlockNo definition available.false0Note 10. RESTRICTED STOCKfalseRESTRICTED STOCKUnKnownUnKnownUnKnownUnKnowntruefalsefalseSheethttp://echotx.com/role/RestrictedStock12