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Assets Held for Sale
6 Months Ended
Jun. 30, 2021
Property Plant And Equipment Assets Held For Sale Disclosure [Abstract]  
Assets Held for Sale

Note 3. ASSETS HELD FOR SALE

We have classified 17 sites and 25 sites as held for sale at June 30, 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): 

 

 

 

June 30,

 

 

December 31,

 

 

 

2021

 

 

2020

 

Land

 

$

4,258

 

 

$

7,889

 

Buildings and site improvements

 

 

1,513

 

 

 

2,784

 

Equipment

 

 

841

 

 

 

1,152

 

Total

 

 

6,612

 

 

 

11,825

 

Less accumulated depreciation

 

 

(1,059

)

 

 

(1,927

)

Assets held for sale

 

$

5,553

 

 

$

9,898

 

 

The Partnership has continued to focus on divesting lower performing assets. During the three and six months ended June 30, 2021, we sold six and nine properties for $3.0 million and $3.9 million in proceeds, resulting in net gains of $1.1 million and $1.1 million, respectively. During the three and six months ended June 30, 2020, we sold seven and 13 properties for $4.4 million and $9.5 million of proceeds, resulting in net gains of $0.2 million and $1.8 million, respectively.