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Note L - Off-balance Sheet Arrangements
 9 Months Ended
Sep. 30, 2017
Notes to Financial Statements  
Leases of Lessee Disclosure [Text Block]
NOTE
L
: O
FF
-B
ALANCE
S
HEET
A
RRANGEME
NT
S
As of
September 30, 2017,
the Company’s subsidiaries operated revenue equipment under various operating lease arrangements. Revenue equipment held under operating leases is
not
carried on our balance sheets and the respective lease payments are reflected in our statements of operations as a component of the Rent and purchased transportation category.
 
R
ent expense related to revenue equipment under these leases was as follows:
 
   
Three Months Ended
    
Nine
Months Ended
  
   
September
30,
    
September
30,
  
   
2017
    
2016
    
2017
    
2016
  
   
(in thousands
)
  
Rent expense related to revenue equipment
   $
1,502
     $
2,332
     $
4,960
     $
7,401
  
 
Leases for revenue equipment under non-cancellable operating leases expire at various dates through
2017
and
2018.
F
uture minimum lease payments related to non-cancellable leases for revenue equipment at
September 30, 2017
are:
 
   
(in thousands)
  
201
7
   $
316
  
201
8
    
177
  
Total
future minimum lease payments
   $
493