Property and Equipment

12 Months Ended

Dec. 31, 2020

Property Plant And Equipment [Abstract]

PROPERTY AND EQUIPMENT

NOTE 6 — PROPERTY AND EQUIPMENT

Property and equipment, net, consisted of the following (amounts in millions):

	December 31,			December 31,
	2020			2019
Land	$	0.1		$	—
Rental fleet		418.5			285.1
Equipment and leasehold improvements:
Machinery and equipment		5.5			3.4
Autos and trucks		7.0			4.6
Leasehold improvements		8.7			7.0
Office equipment		3.1			2.3
Computer equipment		9.4			6.2
Total Cost	$	452.3		$	308.6
Less: accumulated depreciation and amortization
Rental fleet		(124.6	)		(100.0	)
Equipment, auto and trucks, leasehold improvements and computer and office equipment		(15.8	)		(12.1	)
Total accumulated depreciation and amortization		(140.4	)		(112.1	)
	$	311.9		$	196.5

Total depreciation and amortization on property and equipment was $69.7 million and $46.4 million for the years ended December 31, 2020 and 2019, respectively. The Company had assets related to capital leases, which are included in the machinery and equipment balance above. Such assets had gross carrying values totaling $4.0 million and $3.5 million, and accumulated amortization balances totaling $2.5 million and $1.3 million, as of December 31, 2020 and 2019, respectively. Of the $418.5 million and $285.1 million of gross cost of rental fleet, $13.0 million and $18.4 million were represented by guaranteed purchase obligation (“GPO”) assets as of December 31, 2020 and 2019, respectively.