Quarterly report pursuant to Section 13 or 15(d)

Equipment Acquisitions and Dispositions

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Equipment Acquisitions and Dispositions
9 Months Ended
Sep. 30, 2019
Property, Plant and Equipment [Abstract]  
Equipment Acquisitions and Dispositions
2. EQUIPMENT ACQUISITIONS AND DISPOSITIONS
During the nine months ended September 30, 2019, capital expenditures were $17.4 million and primarily related to the acquisition of real property, upgrades to inland river towboats and the construction of other Inland Services equipment.
During the nine months ended September 30, 2019, the Company sold one foreign-flag short-sea container/RORO vessel and other equipment for net proceeds of $1.9 million and gains of $0.1 million. In addition, the Company recognized previously deferred gains of $2.1 million.