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Annual report pursuant to Section 13 and 15(d)

Property, Plant and Equipment

v3.22.0.1
Property, Plant and Equipment
12 Months Ended
Dec. 31, 2021
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment Property, Plant and Equipment
Property, plant and equipment, net consisted of the following as of December 31, 2021 and 2020 (in thousands):

December 31, 2021 December 31, 2020
Property, plant and equipment, at cost:
Water service-related assets (1)
$ 108,732听 $ 97,699听
Furniture, fixtures and equipment 9,071听 6,125听
Other 598听 598听
Total property, plant and equipment, at cost 118,401听 104,422听
Less: accumulated depreciation (38,679) (25,155)
Property, plant and equipment, net $ 79,722听 $ 79,267听
(1)Water service-related assets reflect assets related to water sourcing and water treatment projects.

Depreciation expense was $14.8 million, $13.8 million and $8.5 million for the years ended December 31, 2021, 2020 and 2019, respectively.