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Assets Held for Sale

12 Months Ended

Dec. 31, 2020

Property Plant And Equipment Assets Held For Sale Disclosure [Abstract]

Note 6. ASSETS HELD FOR SALE

We have classified 25 and 24 sites as held for sale at December 31, 2020 and 2019, respectively, which are expected to be sold within one year of such classification. Assets held for sale were as follows (in thousands):

	December 31,
	2020			2019
Land	$	7,889		$	10,082
Buildings and site improvements		2,784			5,178
Equipment		1,152			1,383
Total		11,825			16,643
Less accumulated depreciation		(1,927	)		(3,412	)
Assets held for sale	$	9,898		$	13,231

The Partnership has reprioritized divesting lower performing assets, which has resulted in an increase in the number of sites classified as held-for-sale at December 31, 2020. See Note 9 for information regarding impairment charges recorded upon such classification.

During 2020, we sold 33 properties for $21.2 million in proceeds, resulting in a net gain of $6.4 million. During 2019, we sold eight properties for $3.9 million in proceeds, resulting in a net gain of $1.4 million. During 2018, we sold 11 properties for $4.9 million, resulting in a net insignificant gain.