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Property And Equipment
6 Months Ended
Jun. 30, 2014
Property Plant And Equipment [Abstract]  
Property And Equipment

 

4. Property and Equipment

Property and equipment consisted of the following (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2014

 

December 31, 2013

Land

$

17,316 

 

$

17,800 

Buildings and improvements

 

66,593 

 

 

65,702 

Well service units and equipment

 

467,651 

 

 

498,846 

Fluid services equipment

 

257,566 

 

 

258,371 

Brine and fresh water stations

 

15,007 

 

 

13,496 

Frac/test tanks

 

318,633 

 

 

275,603 

Pumping equipment

 

310,579 

 

 

299,300 

Construction equipment

 

15,908 

 

 

15,677 

Contract drilling equipment

 

106,664 

 

 

104,958 

Disposal facilities

 

149,365 

 

 

143,459 

Light vehicles

 

64,879 

 

 

64,942 

Rental equipment

 

73,150 

 

 

70,738 

Software

 

21,010 

 

 

23,360 

Other

 

19,189 

 

 

16,754 

 

 

1,903,510 

 

 

1,869,006 

Less accumulated depreciation and amortization

 

980,278 

 

 

940,969 

Property and equipment, net

$

923,232 

 

$

928,037 

 

Basic is obligated under various capital leases for certain vehicles and equipment that expire at various dates during the next five years. The gross amount of property and equipment and related accumulated amortization recorded under capital leases and included above consisted of the following (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2014

 

December 31, 2013

Light vehicles

$

42,551 

 

$

39,970 

Contract drilling equipment

 

4,223 

 

 

4,223 

Well service units and equipment

 

985 

 

 

1,554 

Fluid services equipment

 

119,870 

 

 

121,051 

Pumping equipment

 

28,445 

 

 

29,080 

Construction equipment

 

898 

 

 

1,005 

Software

 

17,120 

 

 

17,120 

Other

 

70 

 

 

70 

 

 

214,162 

 

 

214,073 

 Less accumulated amortization

 

87,759 

 

 

77,340 

 

$

126,403 

 

$

136,733 

 

Amortization of assets held under capital leases of approximately $8.8 million and $7.6 million for the three months ended June 30, 2014 and 2013, respectively, and $17.3 million and $14.9 million for the six months ended June 30, 2013 and 2012, respectively, is included in depreciation and amortization expense in the consolidated statements of operations.