XML 29 R14.htm IDEA: XBRL DOCUMENT v3.20.4
Notes Receivable
 12 Months Ended
Dec. 31, 2020
Receivables [Abstract]  
Notes Receivable NOTES RECEIVABLE
We provide financing to some individuals who want to become independent contractors by purchasing a tractor from us and leasing their services to us. We maintain a primary security interest in the tractor until the independent contractor pays the note balance in full. Independent contractor 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,
 20202019
Independent contractor notes receivable$10,335 $15,011 
Other notes receivable9,425 9,805 
Notes receivable19,760 24,816 
Less current portion3,807 5,695 
Notes receivable – non-current$15,953 $19,121 
We also provide financing to some individuals who attended our driver training schools. The student notes receivable are included in other receivables and other non-current assets in the Consolidated Balance Sheets. At December 31, student notes receivable consisted of the following (in thousands):
December 31,
20202019
Student notes receivable$60,081 $61,078 
Allowance for doubtful student notes receivable(19,448)(21,317)
Total student notes receivable, net of allowance40,633 39,761 
Less current portion, net of allowance12,216 11,152 
Student notes receivable – non-current$28,417 $28,609