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Rental Fleet (Tables)
3 Months Ended
Mar. 31, 2020
Leases [Abstract]  
Rental Fleet

Rental fleet consisted of the following at March 31, 2020 and December 31, 2019:

 

 

 

Residual Value

as Percentage of

Original Cost (1)

 

 

Estimated

Useful Life

in Years

 

March 31,

2020

 

 

December 31,

2019

 

 

 

 

 

 

 

 

 

(In thousands)

 

Storage Solutions:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Steel storage containers

 

 

55%

 

 

30

 

$

624,731

 

 

$

627,230

 

Steel ground level offices

 

55

 

 

30

 

 

364,429

 

 

 

366,630

 

Other

 

 

 

 

 

 

 

 

6,122

 

 

 

6,565

 

Total

 

 

 

 

 

 

 

 

995,282

 

 

 

1,000,425

 

Accumulated depreciation

 

 

 

 

 

 

 

 

(168,564

)

 

 

(166,565

)

Total Storage Solutions fleet, net

 

 

 

 

 

 

 

$

826,718

 

 

$

833,860

 

Tank & Pump Solutions:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Steel tanks

 

 

 

 

 

25

 

$

82,264

 

 

$

82,015

 

Roll-off boxes

 

 

 

 

 

15 - 20

 

 

35,576

 

 

 

35,398

 

Stainless steel tank trailers

 

 

 

 

 

25

 

 

31,292

 

 

 

29,716

 

Vacuum boxes

 

 

 

 

 

20

 

 

17,242

 

 

 

16,775

 

Dewatering boxes

 

 

 

 

 

20

 

 

10,233

 

 

 

9,486

 

Pumps and filtration equipment

 

 

 

 

 

7

 

 

15,031

 

 

 

14,343

 

Other

 

 

 

 

 

 

 

 

9,896

 

 

 

9,776

 

Total

 

 

 

 

 

 

 

 

201,534

 

 

 

197,509

 

Accumulated depreciation

 

 

 

 

 

 

 

 

(68,075

)

 

 

(65,146

)

Total Tank & Pump Solutions fleet, net

 

 

 

 

 

 

 

$

133,459

 

 

$

132,363

 

Total rental fleet, net

 

 

 

 

 

 

 

$

960,177

 

 

$

966,223

 

 

(1)

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