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Acquisitions
6 Months Ended
Jun. 30, 2014
Acquisitions [Abstract]  
Acquisitions

3. Acquisitions

During 2013, Basic acquired either substantially all of the assets or all of the outstanding capital stock of each of the following businesses, each of which was accounted for using the purchase method of accounting. During the six months ended June 30, 2014, Basic did not complete any acquisitions. The following table summarizes the final values for the acquisitions at the date of acquisition (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Cash Paid

 

Closing Date

 

(net of cash acquired)

 

 

 

 

 

Atlas Environmental Consulting, Inc. and Atlas Oilfield Construction Company, LLC

February 19, 2013

 

$

12,979 

Petroleum Water Solutions, LLC

February 22, 2013

 

 

3,288 

Karnes Water Management, LLC

December 31, 2013

 

 

5,200 

Total 2013

 

 

$

21,467 

 

The operations of each of the acquisitions listed above are included in Basic’s statement of operations as of each respective closing date.