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Assets held for rent
6 Months Ended
Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Assets held for rent Assets held for rent
Assets held for rent consist of the following as of June 30, 2024 and December 31, 2023:
June 30,December 31,
(In thousands)20242023
Shippers placed in service$10,049 $9,866 
Fixed assets held for rent6,269 1,468 
Accumulated depreciation(8,288)(6,272)
Subtotal8,030 5,062 
Shippers and related components in production3,064 2,651 
Total$11,094 $7,713 
Shippers and related components in production include shippers complete and ready to be deployed and placed in service upon a customer order, shippers in the process of being assembled, and components available to build shippers. We recognized $0.9 million and $1.5 million in depreciation expense related to assets held for rent during the three and six months ended June 30, 2024, respectively, and $1.0 million and $1.9 million during the three and six months ended June 30, 2023, respectively.