Property and Equipment (Tables)

3 Months Ended

Mar. 31, 2019

Property, Plant and Equipment [Abstract]

Property and Equipment

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

	March 31, 2019		December 31, 2018
Land	$	20,827	$	21,431
Buildings and improvements	41,212		40,524
Well service units and equipment	128,960		122,694
Fracturing/test tanks	121,206		123,550
Pumping equipment	103,532		103,689
Fluid services equipment	80,061		78,524
Disposal facilities	66,995		63,229
Rental equipment	67,735		62,642
Light vehicles	29,828		27,080
Contract drilling equipment	9,039		9,846
Other	4,262		4,257
Brine and fresh water stations	3,192		3,296
Software	833		857
Property and equipment, gross	677,682		661,619
Less accumulated depreciation and amortization	(235,590)		(212,818)
Property and equipment, net	$	442,092	$	448,801

Basic is obligated under various finance 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 finance leases and included above (in thousands):

	March 31, 2019		December 31, 2018
Fluid services equipment	$	35,437	$	35,034
Pumping equipment	24,393		48,929
Light vehicles	21,182		18,376
Contract drilling equipment	—		314
Well service units and equipment	—		199
Property and equipment under finance lease, cost	81,012		102,852
Less accumulated amortization	(22,513)		(31,954)
Property and equipment under finance lease, net	$	58,499	$	70,898