XML 17 R9.htm IDEA: XBRL DOCUMENT v3.26.1
Assets Held for Sale
6 Months Ended
Jun. 30, 2026
Property, Plant and Equipment Assets Held-for-Sale Disclosure [Abstract]  
Assets Held for Sale

Note 2. ASSETS HELD FOR SALE

We have classified 19 sites and 24 sites as held for sale at June 30, 2026 and December 31, 2025, 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,

 

 

 

2026

 

 

2025

 

Land

 

$

5,330

 

 

$

4,395

 

Buildings and site improvements

 

 

6,094

 

 

 

6,590

 

Equipment

 

 

6,071

 

 

 

6,554

 

Total

 

 

17,495

 

 

 

17,539

 

Less accumulated depreciation

 

 

(7,740

)

 

 

(7,849

)

Assets held for sale

 

$

9,755

 

 

$

9,690

 

The Partnership has continued to focus on optimizing the class of trade for its assets, which has included divesting certain assets, often lower performing, while seeking to maintain a wholesale fuel supply relationship whenever possible. During the three and six months ended June 30, 2026, we sold 5 and 21 properties for $2.7 million and $15.4 million in proceeds, resulting in net gains of $1.1 million and $7.4 million, respectively. During the three and six months ended June 30, 2025, we sold 60 and 67 properties for $64.0 million and $72.6 million in proceeds, resulting in net gains of $29.7 million and $35.2 million, respectively.

See Note 4 for information regarding impairment charges primarily recorded upon classifying sites within assets held for sale.