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Property And Equipment
3 Months Ended
Mar. 31, 2015
Property Plant And Equipment [Abstract]  
Property And Equipment

4. Property and Equipment

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31, 2015

 

December 31, 2014

Land

$

19,895 

 

$

19,071 

Buildings and improvements

 

71,005 

 

 

69,629 

Well service units and equipment

 

488,532 

 

 

483,644 

Fluid services equipment

 

277,585 

 

 

277,902 

Brine and fresh water stations

 

13,764 

 

 

14,175 

Frac/test tanks

 

367,730 

 

 

355,912 

Pumping equipment

 

336,660 

 

 

343,379 

Construction equipment

 

15,680 

 

 

15,764 

Contract drilling equipment

 

111,484 

 

 

110,510 

Disposal facilities

 

158,877 

 

 

157,519 

Light vehicles

 

69,880 

 

 

70,414 

Rental equipment

 

104,278 

 

 

102,471 

Aircraft

 

713 

 

 

857 

Software

 

21,617 

 

 

21,416 

Other

 

16,050 

 

 

16,324 

 

 

2,073,750 

 

 

2,058,987 

Less accumulated depreciation and amortization

 

1,091,597 

 

 

1,051,018 

Property and equipment, net

$

982,153 

 

$

1,007,969 

 

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):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31, 2015

 

December 31, 2014

Light vehicles

$

46,598 

 

$

47,853 

Contract drilling equipment

 

6,142 

 

 

6,142 

Well service units and equipment

 

819 

 

 

883 

Fluid services equipment

 

143,784 

 

 

143,014 

Pumping equipment

 

42,742 

 

 

42,264 

Construction equipment

 

730 

 

 

730 

Software

 

17,120 

 

 

17,120 

Other

 

70 

 

 

71 

 

 

258,005 

 

 

258,077 

 Less accumulated amortization

 

101,148 

 

 

100,896 

 

$

156,857 

 

$

157,181 

Amortization of assets held under capital leases of approximately $10.8 million and $8.5 million for the three months ended March 31, 2015 and 2014, respectively, is included in depreciation and amortization expense in the consolidated statements of operations.