XML 64 R17.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Leases, User Charges and Commitments | 12 Months Ended
--- | ---
Dec. 31, 2013
Leases [Abstract] |
Leases, User Charges and Commitments | NOTE 11. Leases, User Charges and Commitments Minimum annual capital and operating lease payments, as of December 31, 2013, under non-cancelable leases, principally for containers, chassis, other equipment and real estate, as well as other commitments are payable as follows (in thousands): Future Payments Due:
|  |  |  |  | Operating Leases and |  |  |  |
|  | Capital Lease |  |  | Other Commitments |  |  | Total |
2014 |  | $ | 3,186 |  |  | $ | 18,665 |  |  | $ | 21,851 |
2015 |  |  | 3,186 |  |  |  | 8,539 |  |  |  | 11,725 |
2016 |  |  | 3,194 |  |  |  | 6,525 |  |  |  | 9,719 |
2017 |  |  | 3,186 |  |  |  | 5,159 |  |  |  | 8,345 |
2018 |  |  | 3,186 |  |  |  | 3,687 |  |  |  | 6,873 |
2019 and thereafter |  |  | 8,228 |  |  |  | 7,206 |  |  |  | 15,434 |
|  | $ | 24,166 |  |  | $ | 49,781 |  |  | $ | 73,947 |
Less: Imputed interest |  |  | (3,276 | ) |  |  |  |  |  |  |  |
Net capital lease liability |  | $ | 20,890 |  |  |  |  |  |  |  |  |
Total rental expense included in general and administrative expense, which relates primarily to real estate, was approximately $10.1 million in 2013, $8.8 million in 2012 and $9.9 million in 2011. Many of the real estate leases contain renewal options and escalation clauses which require payments of additional rent to the extent of increases in the related operating costs. We straight-line rental expense in accordance with the FASB guidance in the Leases Topic of the Codification. We incur rental expense for our leased containers, tractors and trailers that are included in transportation costs and totaled $10.2 million, $9.3 million, and $9.4 million for 2013, 2012 and 2011, respectively. We incur user charges for use of a fleet of rail owned chassis, chassis under capital lease and dedicated rail owned containers on the Union Pacific and Norfolk Southern railroads which are included in transportation costs. Such charges were $69.1 million, $67.0 million and $64.0 million for 2013, 2012 and 2011, respectively. As of December 31, 2013, we have the ability to return the majority of the containers and pay for the rail owned chassis only when we are using them under these agreements. As a result, no minimum commitments related to these rail owned chassis and containers have been included in the table above. In addition to the commitments above, in October 2013, we entered into an equipment purchase contract for the acquisition of 200 Freightliner tractors. The total purchase price of these tractors is approximately $25.4 million. As of December 31, 2013, we received 28 of these tractors. See Note 18 to the consolidated financial statements for information relating to this commitment. During the fourth quarter of 2013 we exercised our purchase option on approximately 2,000 containers that are currently leased. The purchases totaling approximately $7.8 million will occur as the leases expire throughout 2014.

X
- Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6851643&loc=d3e12069-110248 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6455398&loc=d3e45280-112737 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6452660&loc=d3e36991-112694 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6453985&loc=d3e41499-112717 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 10 -Section 55 -Paragraph 40 -Subparagraph (Note 1,3) -URI http://asc.fasb.org/extlink&oid=6584154&loc=d3e38371-112697 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6453985&loc=d3e41502-112717 + Details
Name: | us-gaap_LeasesOfLesseeDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration