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Rental Equipment | 9 Months Ended
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Sep. 30, 2022
Property, Plant and Equipment [Abstract] |
Rental Equipment | Property, Plant and Equipment Components of property, plant and equipment were as follows:
(in thousands) | September 30, 2022 |  | December 31, 2021
Land | $ | 9,447 |  |  | $ | 1,700 |
Buildings and improvements | 26,869 |  |  | 2,930 |
Machinery and equipment | 20,137 |  |  | 4,389 |
Capitalized software | 7,780 |  |  | 3,407 |
Furniture and fixtures | 6,119 |  |  | 2,700 |
Vehicles | 1,697 |  |  | 798 |
Construction in progress(1) | 8,222 |  |  | 12 |
Total | 80,271 |  |  | 15,936 |
Accumulated depreciation and amortization | (15,506) |  |  | (6,857) |
Property, plant and equipment, net | $ | 64,765 |  |  | $ | 9,079 |
(1)Construction in progress primarily relates to upgrades to certain of the Company's distribution facilities that we expect to place in service in the next 12 months. Depreciation expense for property, plant, and equipment was $1.1 million and $0.4 million for the third quarter of 2022 and 2021, respectively, and $4.0 million and $0.9 million for the first nine months of 2022 and 2021, respectively. Amortization expense for capitalized software was $0.0 million and $0.2 million for the third quarter of 2022 and 2021, respectively, and $1.0 million and $0.6 million for the first nine months of 2022 and 2021, respectively. Rental Equipment Rental equipment, net consisted of the following:
(in thousands) | September 30, 2022 |  | December 31, 2021
Rental equipment | $ | 59,974 |  |  | $ | 46,500 |
Accumulated depreciation | (34,485) |  |  | (21,773) |
Rental equipment, net | $ | 25,489 |  |  | $ | 24,727 |
Depreciation expense included in cost of sales for rental equipment was $2.3 million and $1.7 million for the third quarter of 2022 and 2021, respectively, and $5.4 million and $4.7 million for the first nine months of 2022 and 2021, respectively. Refer to Note 4 - Revenue Recognition for a discussion on the Company's activities as lessor.

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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 6 -URI https://asc.fasb.org/extlink&oid=126982197&loc=d3e99893-112916 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI https://asc.fasb.org/topic&trid=2155823 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 7 -URI https://asc.fasb.org/extlink&oid=126982197&loc=SL120174063-112916 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 1 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126982197&loc=d3e99779-112916 + Details
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