PROPERTY AND EQUIPMENT

9 Months Ended

Sep. 30, 2017

PROPERTY AND EQUIPMENT.

PROPERTY AND EQUIPMENT

NOTE 5—PROPERTY AND EQUIPMENT

Property and equipment consists of the following as of September 30, 2017 and December 31, 2016:

	September 30, 2017		December 31, 2016
	(in thousands)
Land	$	7,106	$	8,593
Buildings and leasehold improvements		83,328		83,352
Vehicles and equipment		38,547		24,114
Machinery and equipment		564,741		534,303
Computer equipment and software		11,438		11,102
Office furniture and equipment		3,709		4,275
Disposal wells		67,778		67,566
Helicopters		497		497
Construction in progress		37,858		5,584
		815,002		739,386
Less accumulated depreciation and impairment		(535,456)		(490,519)
Total property and equipment, net	$	279,546	$	248,867

Long‑lived assets are evaluated for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable.

The Company had no capital lease obligations as of September 30, 2017 and December 31, 2016.