Long-Lived and Other Asset Impairment |
6 Months Ended |
|---|---|
Jun. 30, 2024 | |
| Asset Impairment Charges [Abstract] | |
| Long-Lived and Other Asset Impairment | Long-Lived and Other Asset Impairment Long-lived assets, including property, plant and equipment and other finite-lived identifiable intangible assets, are reviewed for impairment whenever events or changes in circumstances, including the removal of compressors from the active fleet, indicate that the carrying amount of an asset may not be recoverable. Such events may include significant changes in performance relative to expected operating results, significant changes in asset use, significant negative industry or economic trends, and changes in the Company’s business strategy, among others. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of the assets to estimated future undiscounted net cash flows expected to be generated by the asset. Impairment losses are recognized in the period in which the impairment occurs and represent the excess of the asset carrying value over its estimated future discounted net cash flows. No impairment was recorded, and no triggering events were identified for the three and six-month periods ended June 30, 2024, and June 30, 2023. |