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Property and Equipment
3 Months Ended
Mar. 31, 2022
Property Plant And Equipment [Abstract]  
Property and Equipment

Note 5. PROPERTY AND EQUIPMENT

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

 

 

 

March 31,

 

 

December 31,

 

 

 

2022

 

 

2021

 

Land

 

$

326,964

 

 

$

321,813

 

Buildings and site improvements

 

 

361,145

 

 

 

358,335

 

Leasehold improvements

 

 

13,570

 

 

 

13,437

 

Equipment

 

 

321,366

 

 

 

314,393

 

Construction in progress

 

 

10,290

 

 

 

9,457

 

Property and equipment, at cost

 

 

1,033,335

 

 

 

1,017,435

 

Accumulated depreciation and amortization

 

 

(276,103

)

 

 

(261,981

)

Property and equipment, net

 

$

757,232

 

 

$

755,454

 

 

We recorded impairment charges of $0.7 million and $2.3 million during the three months ended March 31, 2022 and 2021, 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.