CrossAmerica Partners LP
For the period ended Dec 31, 2023. Filed Feb 27, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 27, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 2. Properties
The following table shows the aggregate number of sites we owned or leased by customer group at December 31, 2023:
| OwnedSites | LeasedSites | TotalSites | |
|---|---|---|---|
| Lessee dealers | 359 | 273 | 632 |
| Company operated | 169 | 127 | 296 |
| Commission agents | 146 | 42 | 188 |
| Total | 674 | 442 | 1,116 |
We conduct business at sites located in Alabama, Arkansas, Colorado, Florida, Georgia, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Mississippi, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Virginia, West Virginia, Wisconsin and Vermont. Our site count includes those involved in our wholesale and retail segments.
The following table provides a summary of our sites acquired, changes between customer groups or sold during 2023:
| LesseeDealers | CompanyOperated | CommissionAgents | Total | |
|---|---|---|---|---|
| Number at beginning of year | 691 | 255 | 185 | 1,131 |
| Acquired | — | 2 | 1 | 3 |
| Changes between customer groups | (43) | 39 | 4 | — |
| Divested | (16) | — | (2) | (18) |
| Number at end of year (a) | 632 | 296 | 188 | 1,116 |
(a)
Excludes independent commission sites and includes sites where we collect rent but to which we do not distribute motor fuel as well as closed sites.
Our principal executive offices are in Allentown, Pennsylvania in approximately 37,000 square feet of leased office space.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.