Property and Equipment (Tables)

9 Months Ended

Sep. 30, 2020

Property, Plant and Equipment [Abstract]

Components of Property and Equipment

We depreciate our assets over the following depreciable lives:

Buildings	20 to 30 years
Machinery and equipment	3 to 15 years
Automobiles and trucks	3 to 7 years

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

	September 30, 2020		December 31, 2019
Land	$	22,825	$	15,682
Buildings and improvements	39,778		30,902
Well service units and equipment	58,783		130,318
Disposal facilities	88,727		87,763
Fluid services equipment	76,112		79,024
Rental equipment	47,443		60,886
Pumping equipment	34,752		47,083
Light vehicles	15,744		26,630
Fracturing/test tanks	6,110		6,153
Brine and fresh water stations	5,343		4,340
Other	3,873		3,948
Software	922		896
Property and equipment, gross	400,412		493,625
Less accumulated depreciation and amortization	(163,873)		(196,512)
Property and equipment, net	$	236,539	$	297,113

 The Company 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):

	September 30, 2020		December 31, 2019
Fluid services equipment	$	32,065	$	34,499
Pumping equipment	10,662		16,576
Light vehicles	8,967		19,563
Rental equipment	878		1,130
Well service units and equipment	193		—
Property and equipment under finance lease, cost	52,765		71,768
Less accumulated amortization	(21,699)		(27,727)
Property and equipment under finance lease, net	$	31,066	$	44,041