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Rental Equipment and Property and Equipment
12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Rental Equipment and Property and Equipment
Note 7: Rental Equipment and Property and Equipment
Rental equipment, net consisted of the following:
(in $000s)December 31, 2024December 31, 2023
Rental equipment$1,522,710 $1,405,532 
Less: accumulated depreciation(521,059)(488,828)
Rental equipment, net$1,001,651 $916,704 
Property and equipment, net consisted of the following:
(in $000s)December 31, 2024December 31, 2023
Buildings and leasehold improvements$68,942 $65,374 
Vehicles38,492 32,354 
Land and improvements26,871 26,382 
Machinery and equipment38,470 27,855 
Furniture and fixtures4,416 3,386 
Construction in progress3,667 27,581 
Total property and equipment180,858 182,932 
Accumulated depreciation(49,935)(40,817)
Property and equipment, net$130,923 $142,115 
During the year ended December 31, 2024, the Company closed on a sale leaseback transaction with an unrelated third party. Under this transaction, the Company sold eight properties comprised of real property, with a combined net book value of $29.0 million. See Note 9: Leases as Lessee for additional information.