Assets Held for Sale |
3 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2026 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Property, Plant and Equipment Assets Held-for-Sale Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Assets Held for Sale | Note 2. ASSETS HELD FOR SALE We have classified 17 sites and 24 sites as held for sale at March 31, 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):
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 months ended March 31, 2026, we sold 16 properties for $12.7 million in proceeds, resulting in a net gain of $6.3 million. During the three months ended March 31, 2025, we sold seven properties for $8.6 million in proceeds, resulting in a net gain of $5.6 million See Note 4 for information regarding impairment charges primarily recorded upon classifying sites within assets held for sale. |
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