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Segment Information
 12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Segment Information Geographic Concentrations
The following table provides geographic information for the Company’s total revenues for the years ended December 31, 2023, 2022 and 2021, and total assets as of December 31, 2023 and 2022:
Total RevenuesTotal Assets
20232022202120232022
(In thousands)
North America
$2,125,459 $2,309,496 $2,092,046 $6,369,346 $6,366,012 
Europe264,623 325,714 321,705 926,920 1,157,723 
Asia-Pacific
267,948 262,126 281,164 533,581 493,518 
South America
15,299 17,399 19,875 39,405 87,308 
$2,673,329 $2,914,735 $2,714,790 $7,869,252 $8,104,561 
The following table provides long-lived assets by geography for the years ended December 31, 2023 and 2022:
Long-Lived Assets
20232022
(In thousands)
North America
$5,213,729 $4,463,000 
Europe684,201 644,085 
Asia-Pacific
418,602 357,169 
South America
35,963 82,798 
$6,352,495 $5,547,052 
Segment Information
Our principal operations are organized into three reportable segments: Warehouse, Transportation, and Third-party managed.
•Warehouse. Our core business is our warehouse segment, where we provide temperature-controlled warehouse storage and related handling and other warehouse services. We collect rent and storage fees to store customer’s frozen and perishable food and other products. Our handling services optimize our customer’s product movement through the cold chain, including placement, case-picking, blast freezing, e-commerce fulfillment, and other recurring handling services.
•Transportation. In our transportation segment, we broker, manage or operate transportation of frozen and perishable food and other products for our customers. Our services include consolidation (i.e., combining products for efficient shipment), freight under management services (i.e., arranging and overseeing transportation of customer inventory) and dedicated transportation, each designed to improve efficiency and reduce transportation and logistics costs to our customers.
•Third party managed. Under our third-party managed segment, we manage warehouses on behalf of third parties and provide warehouse management services to leading food manufacturers and retailers in their owned facilities. We believe using our third-party management services allows our customers to increase efficiency, lower costs, reduce supply-chain risks and focus on their core businesses.
During the fourth quarter of 2022, we strategically transitioned the management of our largest Third-party managed customer’s warehouses to a new third-party provider, and our operations ceased. As part of this transition, we agreed to continue to process certain costs for this customer for a period of time, and will continue to receive reimbursement for all such costs.
The accounting polices used in the preparation of our reportable segments financial information are the same as those used in the preparation of its consolidated financial statements. Our chief operating decision maker uses revenues and segment contribution to evaluate segment performance.
Segment contribution is calculated as earnings before interest expense, taxes, depreciation and amortization, and excluding corporate Selling, general, and administrative expense; Acquisition, cyber incident, and other, net; Impairment of indefinite and long-lived assets; gain or loss on sale of real estate and all components of non-operating other income and expense.
Selling, general and administrative functions support all the business segments. Therefore, the related expense is not allocated to segments as the chief operating decision maker does not use it to evaluate segment performance.
Segment contribution is not a measurement of financial performance under U.S. GAAP and should not be considered an alternative to operating income.The company has not disclosed assets by reportable segments, as asset information is not used by our chief operating decision maker to facilitate resource allocations.

The following table presents segment revenues and contributions with a reconciliation to Loss from continuing operations before income taxes for the years ended December 31, 2023, 2022 and 2021:
Years Ended December 31,
202320222021
(In thousands)
Segment revenues:
Warehouse2,391,089 2,302,971 2,085,387 
Transportation239,670 313,358 312,092 
Third-party managed42,570 298,406 317,311 
Total revenues2,673,329 2,914,735 2,714,790 
Segment contribution:
Warehouse722,603 636,232 586,436 
Transportation42,040 47,402 29,376 
Third-party managed5,929 12,329 13,964 
Total segment contribution770,572 695,963 629,776 
Depreciation and amortization(353,743)(331,446)(319,840)
Selling, general, and administrative(226,786)(231,067)(182,076)
Acquisition, cyber incident, and other, net(64,087)(32,511)(51,578)
Impairment of indefinite and long-lived assets(236,515)(7,380)(3,312)
Gain (loss) on sale of real estate2,254 (5,689)— 
Interest expense(140,107)(116,127)(99,177)
Loss on debt extinguishment, modifications and termination of derivative instruments(2,482)(3,217)(5,689)
Loss from investments in partially owned entities(1,442)(918)(723)
Impairment of related party loan receivable(21,972)— — 
Loss on put option(56,576)— — 
Other, net2,795 2,464 2,022 
Loss from continuing operations before income taxes$(328,089)$(29,928)$(30,597)