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Property and Equipment
6 Months Ended
Jun. 30, 2021
Property Plant And Equipment [Abstract]  
Property and Equipment

Note 5. PROPERTY AND EQUIPMENT

Property and equipment, net consisted of the following (in thousands):

 

 

 

June 30,

 

 

December 31,

 

 

 

2021

 

 

2020

 

Land

 

$

241,631

 

 

$

241,585

 

Buildings and site improvements

 

 

285,797

 

 

 

284,593

 

Leasehold improvements

 

 

11,191

 

 

 

10,684

 

Equipment

 

 

254,257

 

 

 

236,420

 

Construction in progress

 

 

11,546

 

 

 

15,919

 

Property and equipment, at cost

 

 

804,422

 

 

 

789,201

 

Accumulated depreciation and amortization

 

 

(241,573

)

 

 

(218,345

)

Property and equipment, net

 

$

562,849

 

 

$

570,856

 

 

We recorded impairment charges of $2.9 million and $0.3 million during the three months ended June 30, 2021 and 2020 and $5.2 million and $5.5 million during the six months ended June 30, 2021 and 2020, respectively, included within depreciation, amortization and accretion expenses on the statements of operations. These impairment charges were primarily related to sites initially classified within assets held for sale in connection with our ongoing real estate rationalization effort.