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PROPERTY AND EQUIPMENT | 6 Months Ended
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Jun. 30, 2019
PROPERTY AND EQUIPMENT |
PROPERTY AND EQUIPMENT | NOTE 7—PROPERTY AND EQUIPMENT Property and equipment consists of the following as of June 30, 2019 and December 31, 2018: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | June 30, 2019 | ​ | December 31, 2018
​ | ​ | (in thousands)
Land | ​ | $ | 16,030 | ​ | $ | 17,799
Buildings and leasehold improvements | ​ |  | 105,220 | ​ |  | 106,626
Vehicles and equipment | ​ |  | 62,046 | ​ |  | 83,435
Vehicles and equipment - finance lease | ​ |  | 1,599 | ​ |  | 1,833
Machinery and equipment | ​ |  | 724,500 | ​ |  | 758,528
Machinery and equipment - finance lease | ​ |  | 202 | ​ |  | 532
Computer equipment and software | ​ | ​ | 17,044 | ​ | ​ | 15,775
Computer equipment and software - finance lease | ​ |  | 356 | ​ |  | 356
Office furniture and equipment | ​ |  | 4,614 | ​ |  | 4,612
Disposal wells | ​ |  | 64,321 | ​ |  | 64,038
Other | ​ | ​ | 497 | ​ | ​ | 497
Construction in progress | ​ |  | 73,067 | ​ |  | 60,347
​ | ​ |  | 1,069,496 | ​ |  | 1,114,378
Less accumulated depreciation(1) | ​ |  | (603,191) | ​ |  | (611,530)
Property and equipment held-for-sale | ​ | ​ | 1,906 | ​ | ​ | —
Total property and equipment, net | ​ | $ | 468,211 | ​ | $ | 502,848
| (1) | Includes $1.7 million of accumulated depreciation related to finance leases.
During the Current Quarter, Prior Quarter, Current Period and Prior Period, depreciation expense was $26.8 million, $27.9 million, $56.3 million and $55.4 million, respectively. Depreciation of assets held under finance leases for the Current Quarter, Prior Quarter, Current Period and Prior Period was $0.5 million, $0.3 million, $0.7 million and $0.7 million, respectively, and is included in the totals above and in depreciation and amortization expense in the accompanying consolidated statements of operations. Property and Equipment Held-for-Sale and Impairments Long-lived assets are evaluated for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. During the first quarter of 2019, the Company made the decision to sell and wind down certain operations within its former Wellsite Services segment, including the operations of its Affirm subsidiary, its sand hauling operations and its Canadian operations. This decision led us to classify the property and equipment of these business as held-for-sale. All operations have been wound down, with $1.9 million remaining in held-for-sale as of June 30, 2019. The table below shows the property and equipment sold and divested as follows: ​
​ | ​ | ​ | ​ | ​ | ​
Type of sale event | ​ | Business | ​ | Net Book Value of Property and Equipment Sold or Divested
​ | ​ | ​ | ​ | (in thousands)
Business divestitures | ​ | Affirm subsidiary | ​ | $ | 11,275
Property and equipment sales | ​ | Affirm subsidiary | ​ | ​ | 1,339
Business divestitures | ​ | Canadian operations | ​ | ​ | 7,372
Property and equipment sales | ​ | Canadian operations | ​ | ​ | 351
Property and equipment sales | ​ | Sand hauling operations | ​ | ​ | 2,301
Total property and equipment sold and divested | ​ | ​ | ​ | $ | 22,638
​ During the Current Period, the Company recorded an impairment of $0.9 million of Canadian property and equipment to write down the carrying value based on the expected future sale proceeds. In addition, during the Current Period, the net loss on divestitures and sales of property and equipment held-for-sale was $2.8 million.

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- Definition The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 + Details
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