Property and Equipment

6 Months Ended

Jun. 30, 2017

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

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

	June 30, 2017		December 31, 2016
Land	$	20,843	$	21,010
Buildings and improvements	40,026		39,588
Well service units and equipment	106,118		96,365
Frac equipment/test tanks	108,869		75,506
Pumping equipment	105,812		85,247
Fluid services equipment	68,074		57,359
Disposal facilities	49,900		47,507
Contract drilling equipment	11,051		12,257
Rental equipment	34,114		32,582
Light vehicles	16,059		12,722
Software	641		641
Other	3,969		3,885
Construction equipment	1,638		1,485
Brine and fresh water stations	2,786		2,694
	569,900		488,848
Less accumulated depreciation and amortization	49,325		—
Property and equipment, net	$	520,575	$	488,848

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 consists of the following (in thousands):

	June 30, 2017		December 31, 2016
Fluid services equipment	$	60,419	$	29,372
Pumping equipment	26,979		12,806
Light vehicles	8,881		5,729
Contract drilling equipment	906		999
Well service units and equipment	—		—
Construction equipment	28		28
	97,213		48,934
Less accumulated amortization	6,948		—
Property and equipment under capital lease, net	$	90,265	$	48,934

Amortization of assets held under capital leases is included in depreciation and amortization expense in the consolidated statements of operations. Amortization amounts consisted of the following (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2017		2016		2017		2016
	(Successor)		(Predecessor)		(Successor)		(Predecessor)
Lease amortization expense	$	3,893	$	9,167	$	7,588	$	18,802