XML 23 R8.htm IDEA: XBRL DOCUMENT

Leases

6 Months Ended

Jun. 30, 2011

(3)

Leases

In 2011 we entered into leases of certain tractors under operating leases which expire in 2015. Rental expense for these leases is included in rent and purchased transportation expense within the Consolidated Statements of Income. At June 30, 2011, the future minimum lease payments under non-cancelable revenue equipment operating leases are as follows (in thousands):


2011	$	808
2012		1,620
2013		1,620
2014		1,620
2015		610

Total	$	6,278

Rental expense under these non-cancelable revenue equipment operating leases was $202,000 during the three-month and six-month periods ended June 30, 2011.

- Definition

The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing.

+ References+ Details