Property and Equipment

9 Months Ended

Sep. 30, 2016

Property, Plant and Equipment [Abstract]

Property and equipment are as follows (in thousands):



	September 30, 2016			December 31, 2015
Land	$	7,746		$	7,145
Buildings and leasehold improvements	51,495			34,351
Machinery, equipment and rental tools	65,798			85,611
Equipment in progress	4,113			12,304
Furniture and fixtures	2,736			2,749
Transportation equipment	7,554			7,462
Computer equipment and software	12,057			11,382
Property and equipment	151,499			161,004
Less accumulated depreciation	(62,345		)	(69,091		)
Property and equipment, net	$	89,154		$	91,913

During the three months ended March 31, 2016 and June 30, 2015, the Company recorded a fixed asset impairment of $14.6 million and $2.3 million, respectively (see Note 3).

Depreciation expense, including expense recorded in cost of revenue, totaled $2.6 million and $3.2 million for the three months ended September 30, 2016 and 2015, respectively, and $8.0 million and $10.0 million for the nine months ended September 30, 2016 and 2015, respectively.