Property and Equipment

6 Months Ended

Jun. 30, 2019

Property, Plant and Equipment [Abstract]

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


	June 30, 2019		December 31, 2018
Land	$	20,902	$	21,431
Buildings and improvements	41,588		40,524
Well service units and equipment	130,415		122,694
Fracturing/test tanks	119,880		123,550
Pumping equipment	103,255		103,689
Fluid services equipment	80,086		78,524
Disposal facilities	72,367		63,229
Rental equipment	73,630		62,642
Light vehicles	30,668		27,080
Contract drilling equipment	9,152		9,846
Other	4,240		4,257

Brine and fresh water stations	3,588		3,296
Software	833		857
Property and equipment, gross	690,604		661,619
Less accumulated depreciation and amortization	260,915		212,818
Property and equipment, net	$	429,689	$	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):


	June 30, 2019		December 31, 2018
Fluid services equipment	$	35,553	$	35,034
Pumping equipment	24,164		48,929
Light vehicles	22,066		18,376
Contract drilling equipment	—		314
Well service units and equipment	173		199

Property and equipment under finance lease, cost	81,956		102,852
Less accumulated amortization	26,221		31,954
Property and equipment under finance lease, net	$	55,735	$	70,898