Assets Held for Sale

12 Months Ended

Dec. 31, 2021

Property Plant And Equipment Assets Held For Sale Disclosure [Abstract]

Assets Held for Sale

Note 5. ASSETS HELD FOR SALE

We have classified 12 and 25 sites as held for sale at December 31, 2021 and 2020, respectively, which are expected to be sold within one year of such classification. Assets held for sale were as follows (in thousands):

	December 31,
	2021			2020
Land	$	3,042		$	7,889
Buildings and site improvements		2,231			2,784
Equipment		939			1,152
Total		6,212			11,825
Less accumulated depreciation		(1,305	)		(1,927	)
Assets held for sale	$	4,907		$	9,898

The Partnership has continued to focus on divesting lower performing assets. 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. During 2019, we sold eight properties for $3.9 million, resulting in a net gain of $1.4 million.

See Note 8 for information regarding impairment charges primarily recorded upon classifying sites within assets held for sale.