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Rental Activity | 12 Months Ended
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Dec. 31, 2019
Leases [Abstract] |
Rental Activity | Rental ActivityWe rent natural gas compressor packages to entities in the petroleum industry. These rental arrangements are classified as operating leases and generally have original terms of six months to sixty months and continue on a month-to-month basis thereafter. Future minimum rent payments for arrangements not on a month-to-month basis at December 31, 2019 are as follows:
Years Ending December 31, |  |
(in thousands) |  |
2020 | $ |  | 25,924 |
2021 | $ |  | 18,489 |
2022 | $ |  | 16,310 |
2023 | $ |  | 12,507 |
2024 | $ |  | 9,788 |
Thereafter | $ |  | 2,366 |
Total | $ |  | 85,384 |

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- Definition The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -URI http://asc.fasb.org/topic&trid=2208923 + Details
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