Property and Equipment	12 Months Ended
Dec. 31, 2023
Property and Equipment
Property and Equipment	7. Property and Equipment Under the liquidation basis of accounting, property and equipment is recorded at the amount expected to be collected on the ultimate disposition of the assets. Upon the transition to the liquidation basis of accounting, we no longer record depreciation expense. At December 31, 2023 and 2022, our property and equipment of $1.2 million and $2.1 million, respectively, was included in assets held for sale, See “Footnote 8. Assets Held for Sale.”

Property and Equipment

12 Months Ended

Dec. 31, 2023

7. Property and Equipment

Under the liquidation basis of accounting, property and equipment is recorded at the amount expected to be collected on the ultimate disposition of the assets. Upon the transition to the liquidation basis of accounting, we no longer record depreciation expense.

At December 31, 2023 and 2022, our property and equipment of $1.2 million and $2.1 million, respectively, was included in assets held for sale, See “Footnote 8. Assets Held for Sale.”

GPB Automotive Portfolio, LP 10-K