Property And Equipment

9 Months Ended

Sep. 30, 2016

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

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

	September 30, 2016		December 31, 2015
Land	$	21,432	$	19,893
Buildings and improvements	74,424		73,599
Well service units and equipment	491,956		488,003
Frac equipment/test tanks	354,740		363,346
Pumping equipment	345,729		345,938
Fluid services equipment	268,187		268,249
Disposal facilities	161,598		166,371
Contract drilling equipment	112,628		112,068
Rental equipment	96,244		94,970
Light vehicles	65,369		67,521
Software	21,920		21,920
Other	16,006		16,672
Construction equipment	15,132		15,174
Brine and fresh water stations	15,836		13,761
	2,061,201		2,067,485
Less accumulated depreciation and amortization	1,347,384		1,221,195
Property and equipment, net	$	713,817	$	846,290

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, 2016		December 31, 2015
Fluid services equipment	$	112,048	$	129,459
Pumping equipment	37,864		43,573
Light vehicles	25,538		33,424
Contract drilling equipment	4,279		6,493
Well service units and equipment	335		541
Construction equipment	118		288
	180,182		213,778
Less accumulated amortization	82,168		82,679
	$	98,014	$	131,099

Amortization of assets held under capital leases of approximately $8.6 million and $10.2 million for the three months ended September 30, 2016 and 2015, respectively and $27.4 million and $31.4 million for the nine months ended September 30, 2016 and 2015, respectively, is included in depreciation and amortization expense in the consolidated statements of operations.