4. Other Property, Plant and Equipment, Net

Other property, plant and equipment, net at the dates indicated below, consisted of the following:

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For the six months ended June 30, 2025 and 2024, depreciation expense related to other property, plant and equipment was $1.3 million and $1.1 million, respectively, and is included in other depreciation and amortization in the consolidated statements of comprehensive income (loss). For the three months ended June 30, 2025 and 2024, depreciation expense related to other property, plant and equipment was $0.7 million and $0.5 million, respectively, and is included in other depreciation and amortization in the consolidated statements of comprehensive income (loss). During the six months ended June 30, 2025, the Company also retired finance lease right-of-use assets pertaining to commercial-use vehicles included in the Other category above, with accumulated depreciation of $0.3 million and a gross cost of $0.4 million, which   resulted in a net loss on the disposal of leased assets of approximately $0.1 million and is reported within other expense (income), net in the accompanying consolidated statement of comprehensive income (loss) for the six months ended June 30, 2025.  

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In January 2025, the Company purchased a group of assets consisting of land, and specialty rental assets (building, modular units, site work, and furniture & fixtures) for approximately $15.5 million, of which, approximately $0.6 million is included within this asset group related to the land portion of the acquisition, to support growth of the WHS segment discussed in Note 16, which was funded by cash on hand. The acquisition was accounted for as an asset acquisition. The

Company allocated the total purchase price to identifiable tangible assets based on their relative fair values, which resulted in the entire purchase price being allocated to land, and specialty rental assets.