Property and Equipment, Net (Tables)

3 Months Ended

Mar. 31, 2014

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Property and equipment at March 31, 2014, and December 31, 2013, consisted of the following:

	March 31, 2014			December 31, 2013
	(in thousands)
Rigs and other equipment	$	102,208		$	100,912
Buildings and improvements	19,370			19,167
Land	1,164			1,164
Vehicles	1,905			1,869
Furniture and fixtures	576			512
Assets in progress	2,756			1,114
	127,979			124,738
Accumulated depreciation	(21,775		)	(18,262		)
Property and equipment, net	$	106,204		$	106,476