Assets held for rent

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Assets held for rent

Assets held for rent

Assets held for rent consist of the following as of December 31, 2023 and 2022:

(In thousands)	2023		2022
Shippers placed in service	$	9,866	$	7,671
Fixed assets held for rent	1,468		4,686
Accumulated depreciation	(6,272)		(4,952)
Net	5,062		7,405
Shippers and related components in production	2,651		1,659
Total	$	7,713	$	9,064

Shippers and related components in production include shippers complete and ready to be deployed and placed in service upon a customer order, shippers in the process of being assembled, and components available to build shippers. We recognized $3.5 million, $3.5 million, and $1.9 million in depreciation expense related to assets held for rent during the years ended December 31, 2023, 2022, and 2021, respectively.