Property and Equipment

12 Months Ended

Dec. 31, 2018

Property, Plant and Equipment [Abstract]

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



	December 31,		December 31,
Property and Equipment:	2018		2017
Land	$	21,431	$	21,217
Buildings and improvements	40,524		40,043
Well service units and equipment	122,694		113,657
Fracturing/test tanks	123,550		111,172
Pumping equipment	103,689		116,127
Fluid services equipment	78,524		79,711
Disposal facilities	63,229		51,363
Contract drilling equipment	9,846		10,967
Rental equipment	62,642		34,643
Light vehicles	27,080		19,869
Software	857		817
Other	4,257		4,092
Construction equipment	—		2,338
Brine and fresh water stations	3,296		2,704

Sub-total	661,619		608,720
Less accumulated depreciation and amortization	(212,818)		(106,141)
Property and equipment, net	$	448,801	$	502,579

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,
Property and Equipment:	2018		2017
Fluid services equipment	$	35,034	$	40,097
Pumping equipment	48,929		56,225
Light vehicles	18,376		12,160
Contract drilling equipment	314		783
Well service units and equipment	199		262
Construction equipment	—		378


Sub-total	102,852		109,905
Less accumulated amortization	(31,954)		(18,445)
Property and equipment, net	$	70,898	$	91,460

Amortization of assets held under capital leases of approximately $27.9 million and $20.4 million for the years ended December 31, 2018 and 2017, respectively, is included in depreciation and amortization expense in the consolidated statements of operations, payments of leases are included in balance sheet and cash flow statement as a reduction of debt.