Property, Plant and Equipment (Tables)

9 Months Ended

Sep. 30, 2020

Property, Plant and Equipment [Abstract]

Components of property, plant and equipment

The components of Property, plant and equipment, net are as follows:

(in thousands)	September 30, 2020		December 31, 2019		September 30, 2019
Land	$	40,223	$	40,442	$	39,393
Land improvements and leasehold improvements	96,290		103,148		95,720
Buildings and storage facilities	384,203		373,961		354,625
Machinery and equipment	906,864		835,156		608,831
Construction in progress	21,657		59,993		54,163
	1,449,237		1,412,700		1,152,732
Less: accumulated depreciation	560,726		474,282		449,336
Property, plant and equipment, net	$	888,511	$	938,418	$	703,396

Components of railcar assets leased to others

The components of Rail Group assets leased to others are as follows:

(in thousands)	September 30, 2020		December 31, 2019		September 30, 2019
Rail Group assets leased to others	$	741,080	$	723,004	$	699,972
Less: accumulated depreciation	153,229		138,706		134,226
Rail Group assets, net	$	587,851	$	584,298	$	565,746