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IMPAIRMENT CHARGES
 3 Months Ended
Mar. 31, 2025
Asset Impairment Charges [Abstract]  
IMPAIRMENT CHARGES IMPAIRMENT CHARGES
No impairment expense was recorded during the first quarter of 2025.
The following summarizes pre-tax impairment charges recorded during 2024, which are included in Impairment expense in our consolidated statements of operations (in thousands): 
AustraliaU.S.Total
Quarter ended March 31, 2024
Long-lived assets$5,749 $2,074 $7,823 
Total$5,749 $2,074 $7,823 

Quarter ended March 31, 2024. During the first quarter of 2024, we recorded impairment expense of $5.7 million related to various undeveloped land positions and related permitting costs in Australia. At March 31, 2024, we identified an impairment trigger related to certain of these properties due to the denial of development permit applications in Australia. Accordingly, the assets were written down to their estimated fair value of $0.6 million.
In addition, during the first quarter of 2024, we recorded impairment expense of $2.1 million, related to land located in the U.S. The land was written down to its estimated fair value (less costs to sell) of $3.8 million.