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Assets Held for Sale

12 Months Ended

Dec. 31, 2022

Property, Plant and Equipment Assets Held-for-sale Disclosure [Abstract]

Note 4. ASSETS HELD FOR SALE

We have classified 3 and 12 sites as held for sale at December 31, 2022 and 2021, respectively, which are expected to be sold within one year of such classification. Assets held for sale were as follows (in thousands):


	December 31,
	2022			2021
Land	$	758		$	3,042
Buildings and site improvements		457			2,231
Equipment		333			939
Total		1,548			6,212
Less accumulated depreciation		(565	)		(1,305	)
Assets held for sale	$	983		$	4,907

The Partnership has continued to focus on divesting lower performing assets. During 2022, we sold 27 properties for $12.9 million in proceeds, resulting in a net gain of $3.5 million. During 2021, we sold 32 properties for $14.0 million in proceeds, resulting in a net gain of $4.1 million. During 2020, we sold 33 properties for $21.2 million in proceeds, resulting in a net gain of $6.4 million.

See Note 7 for information regarding impairment charges primarily recorded upon classifying sites within assets held for sale.