Related Party Transactions	6 Months Ended
Jun. 30, 2017
Related Party Transactions
Related Party Transactions	NOTE 13. RELATED PARTY TRANSACTIONS The Company incurred approximately $0.7 million and $0.0 million in expenses related to CSL and board members for the six months ended June 30, 2017 and 2016, respectively. The Company incurred approximately $0.4 million and $0.0 million in expenses related to CSL and board members for the three months ended June 30, 2017 and 2016, respectively. As of June 30, 2017 and December 31, 2016, amounts due to CSL and board members were negligible. In January 2017, the Company purchased certain assets from a related party for approximately $4.0 million. In February 2017, Ranger entered into loan agreements (Collectively the “Ranger Bridge Loan”) with each of CSL Energy Opportunities II L.P. (“CSL Opportunities II”), CSL Energy Holdings II LLC (“CSL Holdings II”) and Bayou Well Holdings Company, LLC (“Bayou Holdings,” and together with CSL Holdings II and CSL Energy Opportunities II, the “the Bridge Loan Lenders”) each an indirect equity owner of Ranger Services. The Ranger Bridge Loan, which was obtained to fund capital expenditures and working capital, was evidenced by promissory notes payable to the Bridge Loan Lenders in an aggregate principal amount of $11.1 million, consisting of three individual promissory notes in the principal amounts of (i) $4.4 million payable to CSL Opportunities II, (ii) $3.2 million payable to CSL Holdings II and (iii) $3.6 million payable to Bayou Holdings. The note was secured by substantially all of Ranger’s assets (approximately $132.1 million of the Company’s total assets as of June 30, 2017). Each note bore interest at a rate of 15% and matured upon the earlier of February 21, 2018 or ten days after the consummation of an initial public offering. The loan agreement included a make‑whole provision in which Ranger would pay 125% of the total amount advanced to Ranger upon settlement. The 125% is inclusive of the 15% interest rate. As of June 30, 2017, there was $17.1 million outstanding on the Ranger Bridge Loan. During April 2017, the Company increased its bridge loan debt by $1.0 million to $12.1 million to fund capital expenditures and working capital. During May 2017, the Company increased its bridge loan debt by $2.5 million and then again by another $2.5 million in June to $17.1 million to fund capital expenditures and working capital. In July 2017, the Company increased its bridge loan debt by $3.9 million to $21.0 million. In connection with the Offering on August 16, 2017 all of the Ranger Bridge Loan was converted to equity.

NOTE 13. RELATED PARTY TRANSACTIONS

The Company incurred approximately $0.7 million and $0.0 million in expenses related to CSL and board members for the six months ended June 30, 2017 and 2016, respectively. The Company incurred approximately $0.4 million and $0.0 million in expenses related to CSL and board members for the three months ended June 30, 2017 and 2016, respectively. As of June 30, 2017 and December 31, 2016, amounts due to CSL and board members were negligible.

In January 2017, the Company purchased certain assets from a related party for approximately $4.0 million.

In February 2017, Ranger entered into loan agreements (Collectively the “Ranger Bridge Loan”) with each of CSL Energy Opportunities II L.P. (“CSL Opportunities II”), CSL Energy Holdings II LLC (“CSL Holdings II”) and Bayou Well Holdings Company, LLC (“Bayou Holdings,” and together with CSL Holdings II and CSL Energy Opportunities II, the “the Bridge Loan Lenders”) each an indirect equity owner of Ranger Services. The Ranger Bridge Loan, which was obtained to fund capital expenditures and working capital, was evidenced by promissory notes payable to the Bridge Loan Lenders in an aggregate principal amount of $11.1 million, consisting of three individual promissory notes in the principal amounts of (i) $4.4 million payable to CSL Opportunities II, (ii) $3.2 million payable to CSL Holdings II and (iii) $3.6 million payable to Bayou Holdings. The note was secured by substantially all of Ranger’s assets (approximately $132.1 million of the Company’s total assets as of June 30, 2017). Each note bore interest at a rate of 15% and matured upon the earlier of February 21, 2018 or ten days after the consummation of an initial public offering. The loan agreement included a make‑whole provision in which Ranger would pay 125% of the total amount advanced to Ranger upon settlement. The 125% is inclusive of the 15% interest rate. As of June 30, 2017, there was $17.1 million outstanding on the Ranger Bridge Loan. During April 2017, the Company increased its bridge loan debt by $1.0 million to $12.1 million to fund capital expenditures and working capital. During May 2017, the Company increased its bridge loan debt by $2.5 million and then again by another $2.5 million in June to $17.1 million to fund capital expenditures and working capital. In July 2017, the Company increased its bridge loan debt by $3.9 million to $21.0 million. In connection with the Offering on August 16, 2017 all of the Ranger Bridge Loan was converted to equity.