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Assets Held for Sale
 3 Months Ended
Mar. 31, 2021
Property Plant And Equipment Assets Held For Sale Disclosure [Abstract]  
Assets Held for Sale

Note 2. ASSETS HELD FOR SALE

We have classified 28 sites and 25 sites as held for sale at March 31, 2021 and December 31, 2020, respectively, which are expected to be sold within one year of such classification. Assets held for sale were as follows (in thousands): 

 

 

 

March 31,

 

 

December 31,

 

 

 

2021

 

 

2020

 

Land

 

$

8,780

 

 

$

7,889

 

Buildings and site improvements

 

 

2,302

 

 

 

2,784

 

Equipment

 

 

1,278

 

 

 

1,152

 

Total

 

 

12,360

 

 

 

11,825

 

Less accumulated depreciation

 

 

(1,812

)

 

 

(1,927

)

Assets held for sale

 

$

10,548

 

 

$

9,898

 

 

The Partnership has reprioritized divesting lower performing assets. During the three months ended March 31, 2021, we sold three properties for $0.9 million in proceeds, resulting in an insignificant net loss. During the three months ended March 31, 2020, we sold six properties for $5.0 million in proceeds, resulting in a net gain of $1.6 million.