Property And Equipment

9 Months Ended

Sep. 30, 2015

4. Property and Equipment

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



	September 30, 2015		December 31, 2014
Land	$	19,551	$	19,071
Buildings and improvements		72,813		69,629
Well service units and equipment		492,937		483,644
Fluid services equipment		269,660		277,902
Brine and fresh water stations		13,735		14,175
Frac equipment/test tanks		364,776		355,912
Pumping equipment		346,513		343,379
Construction equipment		14,983		15,764
Contract drilling equipment		112,258		110,510
Disposal facilities		166,800		157,519
Light vehicles		68,390		70,414
Rental equipment		93,629		102,471
Aircraft		—		857
Software		21,881		21,416
Other		16,623		16,324
		2,074,549		2,058,987
Less accumulated depreciation and amortization		1,178,890		1,051,018
Property and equipment, net	$	895,659	$	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):



	September 30, 2015		December 31, 2014
Light vehicles	$	38,336	$	47,853
Contract drilling equipment		6,493		6,142
Well service units and equipment		753		883
Fluid services equipment		137,759		143,014
Pumping equipment		37,426		42,264
Construction equipment		287		730
Software		—		17,120
Other		—		71
		221,054		258,077
Less accumulated amortization		85,506		100,896
	$	135,548	$	157,181

Amortization of assets held under capital leases of approximately $10.2 million and $9.5 million for the three months ended September 30, 2015 and 2014, respectively and $31.4 million and $26.8 million for the nine months ended September 30, 2015 and 2014, respectively, is included in depreciation and amortization expense in the consolidated statements of operations.