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Property And Equipment
9 Months Ended
Sep. 30, 2014
Property Plant And Equipment [Abstract]  
Property And Equipment

4. Property and Equipment

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2014

 

December 31, 2013

Land

$

18,519 

 

$

17,800 

Buildings and improvements

 

67,334 

 

 

65,702 

Well service units and equipment

 

473,909 

 

 

498,846 

Fluid services equipment

 

263,734 

 

 

258,371 

Brine and fresh water stations

 

13,971 

 

 

13,496 

Frac/test tanks

 

345,240 

 

 

275,603 

Pumping equipment

 

327,883 

 

 

299,300 

Construction equipment

 

15,981 

 

 

15,677 

Contract drilling equipment

 

108,667 

 

 

104,958 

Disposal facilities

 

154,864 

 

 

143,459 

Light vehicles

 

68,655 

 

 

64,942 

Rental equipment

 

99,150 

 

 

70,738 

Software

 

21,143 

 

 

23,360 

Other

 

16,291 

 

 

16,754 

 

 

1,995,341 

 

 

1,869,006 

Less accumulated depreciation and amortization

 

1,013,431 

 

 

940,969 

Property and equipment, net

$

981,910 

 

$

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):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2014

 

December 31, 2013

Light vehicles

$

44,635 

 

$

39,970 

Contract drilling equipment

 

4,255 

 

 

4,223 

Well service units and equipment

 

966 

 

 

1,554 

Fluid services equipment

 

127,594 

 

 

121,051 

Pumping equipment

 

35,126 

 

 

29,080 

Construction equipment

 

730 

 

 

1,005 

Software

 

17,120 

 

 

17,120 

Other

 

70 

 

 

70 

 

 

230,496 

 

 

214,073 

 Less accumulated amortization

 

94,082 

 

 

77,340 

 

$

136,414 

 

$

136,733 

Amortization of assets held under capital leases of approximately $9.5 million and $8.0 million for the three months ended September 30, 2014 and 2013, respectively, and $26.8 million and $22.9 million for the nine months ended September 30, 2014 and 2013, respectively, is included in depreciation and amortization expense in the consolidated statements of operations.