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Assets Held for Sale | 6 Months Ended
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Jun. 30, 2023
Property, Plant and Equipment Assets Held-for-sale Disclosure [Abstract] |
Assets Held for Sale | Note 3. ASSETS HELD FOR SALE We have classified four sites and three sites as held for sale at June 30, 2023 and December 31, 2022, 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, |
|  | 2023 |  |  | 2022 |
Land |  | $ | 698 |  |  | $ | 758 |
Buildings and site improvements |  |  | 723 |  |  |  | 457 |
Equipment |  |  | 971 |  |  |  | 333 |
Total |  |  | 2,392 |  |  |  | 1,548 |
Less accumulated depreciation |  |  | (1,391 | ) |  |  | (565 | )
Assets held for sale |  | $ | 1,001 |  |  | $ | 983 |
The Partnership has continued to focus on divesting lower performing assets. During the three and six months ended June 30, 2023, we sold six and seven properties for $7.8 million and $8.2 million in proceeds (both of which include $3.8 million of proceeds held in a Section 1031 exchange escrow account), resulting in net gains of $6.1 million and $6.2 million, respectively. During the three and six months ended June 30, 2022, we sold five and nine properties for $2.3 million and $3.8 million in proceeds, resulting in net gains of $0.5 million and $0.9 million, respectively. See Note 5 for information regarding impairment charges primarily recorded upon classifying sites within assets held for sale.

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- Definition The entire disclosure related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI https://asc.fasb.org/topic&trid=2155823 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -URI https://asc.fasb.org/subtopic&trid=2122178 + Details
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