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Rental Equipment, Property and Equipment (Tables)

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment [Abstract]

Schedule of Rental Equipment

Our rental equipment and associated accumulated depreciation as of December 31, 2023 and 2022, respectively, consisted of the following:

			December 31,
			2023						2022
			(in thousands)
Compressor units			$	514,527					$	387,145
Work-in-progress			50,867						37,034
Rental equipment			565,394						424,179
Accumulated depreciation			(191,745)						(177,729)
Rental equipment, net of accumulated depreciation			$	373,649					$	246,450

Property and equipment consists of the following at December 31, 2023 and 2022:

									December 31,
			Useful Lives (Years)						2023						2022
									(in thousands)
Land			—						$	1,680					$	1,680
Building			39						19,140						19,166
Leasehold improvements			39						1,295						1,218
Office equipment and furniture			5						2,039						2,016
Software			5						573						573
Machinery and equipment			7						4,113						4,052
Vehicles			3						8,770						9,858
Work-in-progress									589						594
Total									38,199						39,157
Less accumulated depreciation									(17,649)						(16,981)
Total									$	20,550					$	22,176

The following table depicts annual depreciation expense associated with each product line as well as our corporate activities at December 31, 2023 and 2022:

			December 31,
			2023						2022
			(in thousands)
Rentals			$	25,507					$	23,243
Sales			260						275
Service & Maintenance			89						33
Corporate			569						440
Total			$	26,425					$	23,991

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- References

No definition available.

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- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 360
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482099/360-10-50-1

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