Notes Receivable

12 Months Ended

Dec. 31, 2012

Receivables [Abstract]

Notes Receivable

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,
	2012		2011
Independent contractor notes receivable	$	12,468	$	9,304
Other notes receivable	6,907		7,629
	19,375		16,933
Less current portion	5,514		4,900
Notes receivable – non-current	$	13,861	$	12,033

We provide financing to some individuals who want to become independent contractors by purchasing a tractor from us and leasing their services to us. At December 31, 2012, we had 331 notes receivable from these independent contractors and at December 31, 2011, we had 289 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.