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Assets held for rent
3 Months Ended
Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Assets held for rent Assets held for rent
Assets held for rent consist of the following as of March 31, 2024 and December 31, 2023:
March 31,December 31,
(In thousands)20242023
Shippers placed in service$9,709 $9,866 
Fixed assets held for rent579 1,468 
Accumulated depreciation(6,080)(6,272)
Subtotal4,208 5,062 
Shippers and related components in production2,696 2,651 
Total$6,904 $7,713 
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 $0.7 million and $0.8 million in depreciation expense related to assets held for rent during the three months ended March 31, 2024 and 2023, respectively.