ASSETS HELD FOR SALE (Tables)

12 Months Ended

Dec. 31, 2019


	Properties Held For Sale
	Number of	Net Book Value
	Properties	(in thousands)
December 31, 2017	22	$	86,699
Properties sold/other ⁽¹⁾	(48)		(171,938)
Properties added ⁽²⁾	29		86,228
December 31, 2018	3	$	989
Properties sold/other ⁽¹⁾	(8)		(6,486)
Properties added ⁽²⁾	11		10,419
December 31, 2019 ⁽³⁾	6	$	4,922

(1)

In 2018, we sold 48 facilities for approximately $133.6 million in net proceeds recognizing a gain on sale of approximately $11.5 million. In 2019, we sold seven facilities for approximately $22.9 million in net proceeds recognizing a gain on sale of approximately $14.8 million. One facility classified as held for sale at December 31, 2018 was no longer considered held for sale during the second quarter of 2019 and was reclassified to leased property at approximately $0.3 million which represents the facility’s then carrying value adjusted for depreciation that was not recognized while classified as held for sale.

(2)

In 2018, we recorded approximately $13.0 million of impairment expense to reduce 26 facilities and one ancillary building's book value to their estimated fair values less costs to sell before they were reclassified to assets held for sale. In 2019, we recorded approximately $9.2 million of impairment expense to reduce eight facilities’ book values to their estimated fair values less costs to sell before they were reclassified to assets held for sale.

(3)	We plan to sell the facilities classified as held for sale at December 31, 2019 within the next twelve months.