Property and Equipment

12 Months Ended

Dec. 31, 2017

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

The following table summarizes the components of property and equipment (in thousands):

	December 31,			December 31,
	2017			2016
Land	$	21,217		$	21,010
Buildings and improvements	40,043			39,588
Well service units and equipment	113,657			96,365
Fracturing/test tanks	111,172			75,506
Pumping equipment	116,127			85,247
Fluid services equipment	79,711			57,359
Disposal facilities	51,363			47,507
Contract drilling equipment	10,967			12,257
Rental equipment	34,643			32,582
Light vehicles	19,869			12,722
Software	817			641
Other	4,092			3,885
Construction equipment	2,338			1,485
Brine and fresh water stations	2,704			2,694
	608,720			488,848
Less accumulated depreciation and amortization	(106,141		)	—
Property and equipment, net	$	502,579		$	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 table below summarizes the gross amount of property and equipment and related accumulated amortization recorded under capital leases and included above (in thousands):

	December 31,			December 31,
	2017			2016
Fluid services equipment	$	40,097		$	29,372
Pumping equipment	56,225			12,806
Light vehicles	12,160			5,729
Contract drilling equipment	783			999
Well service units and equipment	262			—
Construction equipment	378			28
	109,905			48,934
Less accumulated amortization	(18,445		)	—
	$	91,460		$	48,934

Amortization of assets held under capital leases of approximately $20.4 million, $35.5 million and $41.9 million for the years ended December 31, 2017, 2016 and 2015, respectively, is included in depreciation and amortization expense in the consolidated statements of operations.