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Revenue Earning Equipment
6 Months Ended
Jun. 30, 2017
Property Subject to or Available for Operating Lease, Net [Abstract]  
Revenue Earning Equipment
Revenue Earning Equipment
Revenue earning equipment consists of the following (in millions):
 
June 30, 2017
 
December 31, 2016
Revenue earning equipment
$
3,782.2

 
$
3,695.5

Less: Accumulated depreciation
(1,333.2
)
 
(1,305.5
)
Revenue earning equipment, net
$
2,449.0

 
$
2,390.0



During the three months ended June 30, 2017, the Company deemed certain revenue earning equipment, with a net book value of approximately $3.8 million, to be held for sale and reclassified such equipment to "Prepaid and other current assets" in the condensed consolidated balance sheet. The Company performed an impairment assessment of such revenue earning equipment and recorded a charge of $3.1 million during the quarter ended June 30, 2017.