XML 27 R9.htm IDEA: XBRL DOCUMENT v2.4.0.8
DISCONTINUED OPERATIONS
 3 Months Ended
Mar. 31, 2014
DISCONTINUED OPERATIONS  
DISCONTINUED OPERATIONS

NOTE 3 — DISCONTINUED OPERATIONS

 

In December 2010, the Company’s Board of Directors (the “Board”) approved a plan to divest the Company’s wholly-owned subsidiary Badger Transport, Inc. (“Badger”), which formerly comprised the Company’s Logistics segment. In March 2011, the Company completed the sale of Badger to BTI Logistics, LLC. As a component of the proceeds from the sale, the Company received a $1,500 secured promissory note payable from the purchaser. There is a balance of $860 outstanding on the note receivable, all of which is considered past due. As a result of the uncertainty related to any future expected payments from the purchaser, the note is fully reserved for at March 31, 2014.