XML 29 R18.htm IDEA: XBRL DOCUMENT v3.19.2
Note K - Notes Payable
6 Months Ended
Jun. 30, 2019
Notes to Financial Statements  
Long-term Debt [Text Block]
NOTE
K
: NOTES PAYABLE
During the
first
six
months of
2019,
the Company’s subsidiaries entered into installment obligations totaling approximately
$32.4
million for the purpose of purchasing revenue equipment. These obligations are payable in monthly installments and are recorded in long term debt and current maturities on the consolidated balance sheets. The term of these obligations ranges from
36
months for trucks to
60
months for trailers.