Note 6. Assets Held for Sale

Assets held for sale as of September 30, 2011 and December 31, 2010 were (in thousands):


	September 30,		December 31,
	2011		2010
Land and facilities	$	9,957	$	3,896
Revenue equipment		3,101		4,966

Assets held for sale	$	13,058	$	8,862

As of September 30, 2011 and December 31, 2010, assets held for sale are stated at the lower of depreciated cost or fair value less estimated selling expenses. The Company expects to sell these assets within the next twelve months. The increase in assets held for sale during the nine months ended September 30, 2011 was the result of management identifying, during the third quarter of 2011, a vacant property located north of its Phoenix, Arizona headquarters with a carrying value of $9.7 million as an asset held for sale. This increase was offset by the sale of a property located in Laredo, Texas previously identified as an asset held for sale with a carrying value of $1.2 million.