ASSETS HELD FOR SALE (EXCLUDING DISCONTINUED OPERATIONS)

6 Months Ended

Jun. 30, 2025

Discontinued Operations and Disposal Groups [Abstract]

ASSETS HELD FOR SALE (EXCLUDING DISCONTINUED OPERATIONS)

ASSETS HELD FOR SALE (EXCLUDING DISCONTINUED OPERATIONS)

Assets held for sale (excluding discontinued operations) comprise properties not included in inventory that are expected to be sold within 12 months and meet the held-for-sale criteria of ASC 360-10-45-9. The basis of these properties was $4.7 million and $5.4 million, as of June 30, 2025, and December 31, 2024, respectively. We recognized an immaterial impairment charge on these assets during the six months ended June 30, 2025, which is recorded in the Consolidated Statements of Income and Comprehensive Income (Loss) under the caption “Other operating expense, net.”