Property and Equipment, Net

6 Months Ended

Jun. 30, 2014

Property, Plant and Equipment [Abstract]

Property and equipment at June 30, 2014, and December 31, 2013, consisted of the following:



	June 30, 2014			December 31, 2013
	(in thousands)
Rigs and other equipment	$	108,761		$	100,884
Buildings and improvements	19,991			17,880
Land	1,164			1,893
Vehicles	2,004			1,869
Furniture and fixtures	615			512
Assets in progress	2,108			1,114
	134,643			124,152
Accumulated depreciation	(25,308		)	(18,262		)
Property and equipment, net	$	109,335		$	105,890

The amounts at December 31, 2013, have been revised to reflect measurement period adjustments identified during the six months ended June 30, 2014, related to the assets acquired from Black Hawk Inc. as if they had been recognized at the acquisition date (see Note 3). Depreciation expense was $7.1 million and $5.2 million for the six months ended June 30, 2014 and 2013, respectively. Depreciation expense was $3.6 million and $2.6 million for the three months ended June 30, 2014 and 2013, respectively.