Assets Held for Sale

3 Months Ended

Mar. 31, 2024

Assets Held for Sale

Assets Held for Sale

5. Assets Held for Sale

As of March 31, 2024, December 31, 2023, and March 31, 2023, three, five, and two RV and Outdoor Retail segment properties, respectively, met the criteria to be classified as held for sale. Additionally, as of December 31, 2023 and March 31, 2023, certain of these properties had associated secured borrowings under the Company’s Real Estate Facilities (see Note 7 — Long-Term Debt for definition and further details).

The following table presents the components of assets held for sale and liabilities related to assets held for sale at March 31, 2024, December 31, 2023, and March 31, 2023 (in thousands):

	March 31,		December 31,		March 31,
	2024		2023		2023
Assets held for sale:
Property and equipment, net	$	6,276	$	29,864	$	13,971
	$	6,276	$	29,864	$	13,971
Liabilities related to assets held for sale:
Current portion of long-term debt	$	—	$	864	$	788
Long-term debt, net of current portion		—		16,424		6,862
	$	—	$	17,288	$	7,650