Note 6 - Credit Facilities and Long-term Debt (Tables)

12 Months Ended

Dec. 31, 2016

Notes Tables

Schedule of Debt [Table Text Block]

December 31,	2016			2015
New vehicle floor plan commitment	$	1,506,895		$	1,265,872
Floor plan notes payable		94,602			48,083
Total floor plan debt		1,601,497			1,313,955
Used vehicle inventory financing facility		211,000			171,000
Revolving lines of credit		142,507			61,246
Real estate mortgages		428,367			387,861
Other debt		11,191			25,248
Debt issuance costs		(2,184	)		(2,169	)
Total debt	$	2,392,378		$	1,957,141

Debt Covenant Terms [Table Text Block]

Debt Covenant Ratio	Requirement	As of December 31, 2016
Current ratio	Not less than 1.10 to 1	1.26	to	1
Fixed charge coverage ratio	Not less than 1.20 to 1	2.63	to	1
Leverage ratio	Not more than 5.00 to 1	2.18	to	1
Funded debt restriction	Not to exceed $900 million		$485.2 million

Schedule of Maturities of Long-term Debt [Table Text Block]

Year Ending December 31,
2017	$	20,608
2018		38,150
2019		45,189
2020		37,504
2021		34,897
Thereafter		263,210
Total principal payments	$	439,558