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Rental Fleet (Tables)
9 Months Ended
Sep. 30, 2018
Leases [Abstract]  
Rental Fleet

Rental fleet consisted of the following at September 30, 2018 and December 31, 2017:

 

 

 

Residual Value

as Percentage of

Original Cost (1)

 

 

Estimated

Useful Life

in Years

 

September 30,

2018

 

 

December 31,

2017

 

 

 

 

 

 

 

 

 

(In thousands)

 

Storage Solutions:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Steel storage containers

 

 

55%

 

 

30

 

$

596,403

 

 

$

655,553

 

Steel ground level offices

 

55

 

 

30

 

 

342,712

 

 

 

374,836

 

Other

 

 

 

 

 

 

 

 

7,530

 

 

 

8,290

 

Total

 

 

 

 

 

 

 

 

946,645

 

 

 

1,038,679

 

Accumulated depreciation

 

 

 

 

 

 

 

 

(149,158

)

 

 

(168,112

)

Total Storage Solutions fleet, net

 

 

 

 

 

 

 

$

797,487

 

 

$

870,567

 

Tank & Pump Solutions:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Steel tanks

 

 

 

 

 

25

 

$

68,689

 

 

$

64,254

 

Roll-off boxes

 

 

 

 

 

15 - 20

 

 

33,887

 

 

 

29,897

 

Stainless steel tank trailers

 

 

 

 

 

25

 

 

28,969

 

 

 

28,871

 

Vacuum boxes

 

 

 

 

 

20

 

 

16,790

 

 

 

12,700

 

Dewatering boxes

 

 

 

 

 

20

 

 

8,250

 

 

 

6,361

 

Pumps and filtration equipment

 

 

 

 

 

7

 

 

14,239

 

 

 

12,680

 

Other

 

 

 

 

 

 

 

 

7,512

 

 

 

7,088

 

Total

 

 

 

 

 

 

 

 

178,336

 

 

 

161,851

 

Accumulated depreciation

 

 

 

 

 

 

 

 

(49,867

)

 

 

(43,264

)

Total Tank & Pump Solutions fleet, net

 

 

 

 

 

 

 

$

128,469

 

 

$

118,587

 

Total rental fleet, net

 

 

 

 

 

 

 

$

925,956

 

 

$

989,154

 

 

(1)

Tank & Pump Solutions fleet has been assigned zero residual value.