DISCONTINUED OPERATIONS (Tables)

3 Months Ended

Mar. 31, 2023

Discontinued Operations and Disposal Groups [Abstract]

Schedule ​of ​Disposal ​Groups ​Including​ Discontinued ​Operations ​Income​ Statement and ​Balance​ Sheet

The following summarized financial information has been reclassified as continued operations for the three months ended March 31, 2022 (in thousands):

	March 31, 2022
Assets and liabilities changes:
Assets held for sale to assets held and used	$	70,087
Liabilities held for sale to liabilities held and paid	$	(38,358)
Net income changes:
Net income from discontinued operations to continued operation	$	7,243

The following summarized financial information has been segregated from continuing operations and reported as Discontinued Operations for the three months ended March 31, 2023, and 2022 (in thousands):

	Three Months Ended March 31,
	2023		2022
Revenues	$	7,366	$	18,926
Cost of revenues (exclusive of depreciation shown separately below)	4,589		10,183
Depreciation and amortization attributable to costs of revenues	124		391
Gross profit	2,653		8,352
Operating expenses:
Selling, general and administrative expenses (exclusive of depreciation shown separately below)	632		1,718
Depreciation and amortization expense attributable to operating expenses	21		63
Total operating expenses	653		1,781
Income from operations	2,000		6,571
Other income (expense)
Interest expense	—		(14)
Total other expense	—		(14)
Income before income tax	2,000		6,557
Income tax expense	(528)		—
Gain on sale of discontinued operations, net of $17,218 of tax	48,868		—
Income from discontinued operations, net of tax	$	50,340	$	6,557

The assets and liabilities held for sale on the Consolidated Balance Sheets as of December 31, 2022 are as follows (in thousands):

	December 31, 2022
ASSETS
Accounts receivable, net	$	7,490
Inventory	1,674
Prepaid expenses	183
Total current assets	9,347
Fixed assets, at cost	19,746
Less accumulated depreciation	(9,140)
Fixed assets, net	10,606
Operating lease right-of use assets	44
Intangible assets, net	563
Total noncurrent assets	11,213
Assets held for sale	20,560
LIABILITIES AND EQUITY
Current liabilities
Accounts payable	2,750
Accrued expenses	629
Operating lease liability	45
Liabilities held for sale	$	3,424