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Property, Plant and Equipment | 6 Months Ended
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Jun. 30, 2020
Property, Plant and Equipment [Abstract] |
Property, Plant and Equipment | Property, Plant, and Equipment Property, plant, and equipment as of June 30, 2020 and December 31, 2019 consisted of the following:
|  | June 30, 2020 |  | December 31, 2019
Land |  | $ | 11,531 |  |  | $ | 11,076 |
Improvements to land and leaseholds |  | 17,548 |  |  | 17,172 |
Buildings |  | 32,577 |  |  | 35,241 |
Machinery and equipment, including equipment under finance leases |  | 121,251 |  |  | 122,599 |
Construction in progress |  | 7,240 |  |  | 5,234 |
Gross property, plant, and equipment |  | 190,147 |  |  | 191,322 |
Less accumulated depreciation and amortization, including accumulated amortization of finance leases |  | (110,478) |  |  | (109,008) |
Property, plant, and equipment - net |  | $ | 79,669 |  |  | $ | 82,314 |
Depreciation expense was $2,613 and $2,768 for the three months ended June 30, 2020 and 2019, respectively, and $5,320 and $5,540 for the six months ended June 30, 2020 and 2019, respectively. We review our property, plant, and equipment for recoverability whenever events or changes in circumstances indicate that carrying amounts may not be recoverable. We recognize an impairment loss if we believe that the carrying amount of a long-lived asset is not recoverable and exceeds its fair value. Due to the permanent closure of three operating locations and the discontinuance of mobile services within our Test, Inspection, and Threading business unit in the Tubular and Energy Services segment during the three months ended June 30, 2020, certain assets were unable to support their carrying values. As a result, the Company recorded a non-cash impairment of $3,847 for the three and six months ended June 30, 2020, within the Tubular and Energy Services segment, using level 3 unobservable inputs. The fair value of land and buildings was determined using market value and the fair value of machinery and equipment was determined using estimated salvage value or estimated liquidation value. The impairment was included within “Other expense (income) - net” of the Condensed Consolidated Statements of Operations.

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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 http://asc.fasb.org/extlink&oid=120429125&loc=d3e99893-112916 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://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 http://asc.fasb.org/extlink&oid=120429125&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 http://asc.fasb.org/extlink&oid=120429125&loc=d3e99779-112916 + Details
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