XML 72 R10.htm IDEA: XBRL DOCUMENT v2.4.0.6
Notes Receivable
 12 Months Ended
Dec. 31, 2011
Notes Receivable [Abstract]  
Notes Receivable

(3) NOTES RECEIVABLE

Notes receivable are included in other current assets and other non-current assets in the Consolidated Balance Sheets. At December 31, notes receivable consisted of the following (in thousands):

 

     December 31,  
     2011      2010  

Independent contractor notes receivable

    $ 9,304       $ 7,264   

Other notes receivable

      7,629         7,851   
  

 

 

     

 

 

  
     16,933         15,115   

Less current portion

      4,900         7,567   
  

 

 

     

 

 

  

Notes receivable – non-current

    $ 12,033       $ 7,548   
  

 

 

     

 

 

  

We provide financing to some independent contractors who want to become independent contractors by purchasing a tractor from us and leasing their services to us. At December 31, 2011, we had 289 notes receivable from these independent contractors and at December 31, 2010, we had 221 such notes receivable. We maintain a primary security interest in the tractor until the independent contractor pays the note balance in full. We also retain recourse exposure related to independent contractors who purchased tractors from us with third-party financing we arranged.