Property and Equipment

6 Months Ended

Jun. 30, 2020

Property and Equipment

Property and Equipment

Note 6.    Property and Equipment

Property and equipment consisted of the following (in thousands):

	June 30,		December 31,
	2020		2019
Buildings and improvements	$	1,208,887	$	1,196,502
Land		450,474		452,104
Fixtures and equipment		34,208		46,848
Idle plant assets		30,500		30,500
Construction in process		29,230		27,951
Capitalized internal use software		30,275		33,502
Total property and equipment		1,783,574		1,787,407
Less accumulated depreciation		708,490		682,544
Total	$	1,075,084	$	1,104,863

Property and equipment includes assets held for sale of $0.2 million and $4.6 million at June 30, 2020 and December 31, 2019, respectively.

At June 30, 2020, the Partnership had a $42.9 million remaining net book value of long-lived assets at its West Coast facility, including $30.5 million related to the Partnership’s ethanol plant acquired in 2013. The Partnership would need to take certain measures to prepare the facility for ethanol production in order to place the plant into service and commence depreciation. Therefore, the $30.5 million related to the ethanol plant was included in property and equipment and classified as idle plant assets at June 30, 2020 and December 31, 2019.

If the Partnership is unable to generate cash flows to support the recoverability of the plant and facility assets, this may become an indicator of potential impairment of the West Coast facility. The Partnership believes these assets are recoverable but continues to monitor the market for ethanol, the continued business development of this facility for ethanol or other product transloading, and the related impact this may have on the facility’s operating cash flows and whether this would constitute an impairment indicator.

Evaluation of Long-Lived Asset Impairment

The Partnership recognized an impairment charge relating to certain right of use assets allocated to the Wholesale segment in the amount of $1.7 million for each of the three and six months ended June 30, 2020, which is included in long-lived asset impairment in the accompanying statements of operations.