Property, Plant and Equipment

9 Months Ended

Sep. 30, 2017

Property, Plant and Equipment [Abstract]

The following is a summary of property, plant and equipment at September 30, 2017 and December 31, 2016 (in thousands):



	Estimated Useful Lives in Years	September 30, 2017			December 31, 2016
Land	—	$	16,491		$	15,730
Land improvements	8-15	9,346			9,379
Buildings and improvements ⁽¹⁾	39	119,971			73,211
Rental machinery and equipment	7	930,443			933,667
Machinery and equipment - other	7	56,321			60,182
Furniture, fixtures and computers	5	26,280			19,073
Automobiles and other vehicles	5	32,621			36,796
Aircraft	7	—			16,267
Leasehold improvements ⁽¹⁾	7-15, or lease term if shorter	9,870			8,027
Construction in progress - machinery and equipment and buildings ⁽¹⁾	—	68,066			120,937
		1,269,409			1,293,269
Less: Accumulated depreciation		(771,625		)	(726,245		)
Total property, plant and equipment, net		$	497,784		$	567,024


⁽¹⁾	See Note 12 - Related Party Transactions for additional information.

During the third quarter of 2017, we committed to sell certain of our buildings in the Middle East region and determined those assets met the criteria to be classified as held for sale in our unaudited condensed consolidated balance sheet. As a result, we reclassified the buildings, with a net book value of $4.1 million, from property, plant and equipment to assets held for sale and recognized a $0.3 million loss.

The following table presents the depreciation and amortization associated with each line for the periods ended September 30, 2017 and 2016 (in thousands):



	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2017		2016		2017		2016
Equipment rentals and services	$	25,663	$	23,870	$	78,558	$	76,023
Products	1,278		989		3,838		3,081
General and administrative expenses	3,709		1,686		10,304		5,174
Total	$	30,650	$	26,545	$	92,700	$	84,278