Rental Fleet (Tables)
6 Months Ended
Jun. 30, 2017
Leases [Abstract]  
Rental Fleet

Rental fleet consisted of the following at June 30, 2017 and December 31, 2016:

 

 

 

Residual Value

as Percentage of

Original Cost (1)

 

 

Estimated

Useful Life

in Years

 

June 30,

2017

 

 

December 31,

2016

 

 

 

 

 

 

 

 

 

(In thousands)

 

Storage Solutions:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Steel storage containers

 

 

55%

 

 

30

 

$

636,092

 

 

$

625,094

 

Steel ground level offices

 

55

 

 

30

 

 

358,806

 

 

 

347,574

 

Other

 

 

 

 

 

 

 

 

7,841

 

 

 

4,430

 

Total

 

 

 

 

 

 

 

 

1,002,739

 

 

 

977,098

 

Accumulated depreciation

 

 

 

 

 

 

 

 

(159,708

)

 

 

(151,238

)

Total Storage Solutions fleet, net

 

 

 

 

 

 

 

$

843,031

 

 

$

825,860

 

Tank & Pump Solutions:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Steel tanks

 

 

 

 

 

25

 

$

62,991

 

 

$

61,955

 

Roll-off boxes

 

 

 

 

 

15 - 20

 

 

28,817

 

 

 

28,743

 

Stainless steel tank trailers

 

 

 

 

 

25

 

 

29,093

 

 

 

29,150

 

Vacuum boxes

 

 

 

 

 

20

 

 

12,142

 

 

 

11,512

 

De-watering boxes

 

 

 

 

 

20

 

 

5,981

 

 

 

5,429

 

Pumps and filtration equipment

 

 

 

 

 

7

 

 

13,242

 

 

 

13,690

 

Other

 

 

 

 

 

 

 

 

6,946

 

 

 

6,150

 

Total

 

 

 

 

 

 

 

 

159,212

 

 

 

156,629

 

Accumulated depreciation

 

 

 

 

 

 

 

 

(38,102

)

 

 

(32,424

)

Total Tank & Pump Solutions fleet, net

 

 

 

 

 

 

 

$

121,110

 

 

$

124,205

 

Total rental fleet, net

 

 

 

 

 

 

 

$

964,141

 

 

$

950,065

 

 

(1)

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