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Related Party Transactions
6 Months Ended
Jun. 30, 2019
Related Party Transactions [Abstract]  
Related Party Transactions
Related Party Transactions
GEODynamics historically leased certain land and facilities from an equity holder and employee of GEODynamics. In connection with the acquisition of GEODynamics, the Company assumed these leases. The Company exercised its option to purchase the most significant facilities and associated land for approximately $5.4 million in September 2018. Rent expense related to leases with this employee for the three and six months ended June 30, 2019 totaled $44 thousand and $69 thousand, respectively. Rent expense related to leases with this employee for the three months ended June 30, 2018 and the period from January 12, 2018 through June 30, 2018 totaled $142 thousand and $220 thousand, respectively.
Additionally, in 2019 GEODynamics purchased products from and sold products to a company in which this employee is an investor. Purchases from this company were $0.4 million and $0.8 million for the three and six months ended June 30, 2019, respectively. Sales to this company by GEODynamics were $0.6 million for both the three and six months ended June 30, 2019.