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Note 5 - Property and Equipment
12 Months Ended
Dec. 31, 2013
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Disclosure [Text Block]

5.     PROPERTY AND EQUIPMENT


A summary of property and equipment, at cost, as of December 31, 2013 and 2012 is as follows:


(in thousands)

 

Estimated Useful Lives

(years)

   

2013

   

2012

 

Revenue equipment

  3 -

10

    $ 372,968     $ 331,761  

Communications equipment

  5 -

10

      9,084       13,089  

Land and improvements

  0 -

10

      19,009       16,658  

Buildings and leasehold improvements

  7 -

40

      41,876       41,050  

Construction in-progress

    -         1,859       1,310  

Other

  2 -

7

      17,580       16,079  
              $ 462,376     $ 419,947  

Depreciation expense was $44.2 million, $47.8 million, and $52.6 million, in 2013, 2012, and 2011, respectively. The aforementioned depreciation expense excludes net gains on the sale of property and equipment totaling $0.8 million, $4.9 million, and $6.7 million in 2013, 2012, and 2011, respectively, which are presented net in depreciation and amortization expense in the consolidated statements of operations.


We lease certain revenue equipment under capital leases with terms of 60 to 84 months. At December 31, 2013 and 2012, property and equipment included capitalized leases, which had capitalized costs of $29.4 million and $21.3 million and accumulated amortization of $7.6 million and $5.5 million, respectively. Amortization of these leased assets is included in depreciation and amortization expense in the consolidated statement of operations and totaled $2.2 million, $2.1 million, and $1.8 million during 2013, 2012, and 2011, respectively.