XML 40 R29.htm IDEA: XBRL DOCUMENT v3.23.1
Note 7 - Debt (Tables)
3 Months Ended
Mar. 31, 2023
Notes Tables  
Schedule of Debt [Table Text Block]

(in thousands)

 

March 31, 2023

  

December 31, 2022

 
  

Current

  

Long-Term

  

Current

  

Long-Term

 

Borrowings under Credit Facility

 $-  $-  $-  $- 

Borrowings under the Draw Note

  -   -   -   - 

Revenue equipment installment notes; weighted average interest rate of 4.9% at March 31, 2023, and 4.7% at December 31, 2022, due in monthly installments with final maturities at various dates ranging from May 2025 to August 2027, secured by related revenue equipment

  20,115   77,006   17,656   71,267 

Real estate notes; interest rate of 6.4% at March 31, 2023 and 5.8% at December 31, 2022 due in monthly installments with a fixed maturity at August 2035, secured by related real estate

  1,254   18,782   1,241   19,100 

Total debt

  21,369   95,788   18,897   90,367 

Principal portion of finance lease obligations, secured by related revenue equipment

  1,972   429   5,326   432 

Principal portion of operating lease obligations, secured by related real estate and revenue equipment

  13,431   39,844   18,179   46,428 

Total debt and lease obligations

 $36,772  $136,061  $42,402  $137,227