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Rental Equipment
 9 Months Ended
Sep. 30, 2020
Property, Plant and Equipment [Abstract]  
Rental Equipment Rental Equipment
Our rental equipment and associated accumulated depreciation as of September 30, 2020 and December 31, 2019, respectively, consisted of the following:
(in thousands)
September 30, 2020December 31, 2019
Compressor units$385,920 $370,961 
Work-in-progress4,116 9,129 
Rental equipment390,036 380,090 
Accumulated depreciation(179,160)(162,348)
Rental equipment, net of accumulated depreciation$210,876 $217,742 

We evaluated our rental equipment for potential impairment as of September 30, 2020, and determined that no such impairment existed as of that date.

Retirement of Rental Equipment
During the third quarter of 2019, Company management determined which units were not of the type, configuration, make or model that our customers are demanding or that were not cost efficient to refurbish, maintain and/or operate. As a result of this review, we determined 327 units should be retired from our rental fleet. Accordingly, the Company recorded a $1.5 million loss on retirement of rental equipment during the nine months ended September 30, 2019. The Company did not record any retirements from its rental fleet during the nine months ended September 30, 2020.