v3.26.1
Property, Plant and Equipment, net and Assets Held for Sale (Tables)
 6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
Schedule of Property, Plant and Equipment, Net
Property, plant and equipment, net includes the following (in thousands):
June 30,December 31,
Useful Life20262025
Aviation equipment(a)
3-10 years
$75,509 $43,498 
Machinery and equipment
7-20 years
70,307 53,774 
Buildings and leasehold improvements
15-39 years
29,806 30,100 
Drilling rigs and directional drilling equipment
3-15 years
12,758 13,062 
Rail improvements
10-20 years
11,759 11,759 
Vehicles, trucks and trailers
5-10 years
11,372 13,044 
LandN/A6,025 6,025 
Other property, plant and equipment
3-15 years
6,412 6,721 
223,948 177,983 
Equipment not yet placed in service27,811 25,970 
251,759 203,953 
Less: Accumulated depreciation(b)
101,850 97,856 
Total property, plant and equipment, net$149,909 $106,097 
(a)    This equipment relates to assets leased and available to be leased to customers under operating leases.
(b)    Includes accumulated depreciation of $10.6 million and $5.7 million at June 30, 2026 and December 31, 2025, respectively, related to assets under operating leases.
Schedule of Depreciation, Depletion, Accretion and Amortization Expense
A summary of depreciation, depletion, amortization and accretion is below (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Depreciation$4,352 $2,233 $7,783 $4,269 
Amortization14 14 28 27 
Depletion and accretion268 580 293 614 
Depreciation, depletion, amortization and accretion$4,634 $2,827 $8,104 $4,910