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v3.22.4

Property and Equipment | 12 Months Ended
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Dec. 31, 2022
Property and Equipment |
Property and Equipment | 4. Property and Equipment Net book value of property and equipment (in thousands) decreased $8,222 or 31.1% from December 31, 2021 to December 31, 2022. This is primarily due to capital expenditure purchases of $1,778 during the year ended December 31, 2022 offset by depreciation expense of $9,795 for the same period. Property and equipment (in thousands), together with the related estimated useful lives at December 31, 2022 and 2021, were as follows:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, | ​ | ​ |
​ |  | 2022 |  | 2021 | ​ | Useful Lives
Land, building and other | ​ | $ | 12,553 | ​ | $ | 15,156 | ​ |  | 3 to 40 years
Recording equipment | ​ |  | 147,675 | ​ |  | 148,330 | ​ |  | 5 to 10 years
Vibrator energy sources | ​ |  | 64,110 | ​ |  | 69,239 | ​ |  | 5 to 15 years
Vehicles | ​ |  | 20,492 | ​ |  | 20,341 | ​ |  | 1.5 to 10 years
​ | ​ |  | 244,830 | ​ |  | 253,066 | ​ | ​ | ​
Less accumulated depreciation | ​ |  | (226,703) | ​ |  | (226,717) | ​ | ​ | ​
Property and equipment, net | ​ | $ | 18,127 | ​ | $ | 26,349 | ​ | ​ | ​
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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 https://asc.fasb.org/extlink&oid=126982197&loc=d3e99893-112916 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI https://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 https://asc.fasb.org/extlink&oid=126982197&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 https://asc.fasb.org/extlink&oid=126982197&loc=d3e99779-112916 + Details
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