ASSETS HELD FOR SALE (EXCLUDING DISCONTINUED OPERATIONS)

12 Months Ended

Dec. 31, 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 $5.4 million and $5.4 million, as of December 31, 2025, and December 31, 2024, respectively. As the basis in these properties was less than the fair value, including costs to sell, no impairment was recognized for the year ended December 31, 2025. We recognized an immaterial impairment charge during year ended December 31, 2024, on assets held for sale as of December 31, 2024, which is recorded in the Consolidated Statements of Income and Comprehensive Income (Loss) under the caption “Other operating (expense) income, net.”