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Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment

v3.22.2.2
Property, Plant and Equipment
9 Months Ended
Sep. 30, 2022
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment Property, Plant and Equipment
Property, plant and equipment, net consisted of the following as of September 30, 2022 and December 31, 2021 (in thousands):
September 30,
2022
December 31,
2021
Property, plant and equipment, at cost:
Water service-related assets $ 119,277听 $ 108,732听
Furniture, fixtures and equipment 9,633听 9,071听
Other 598听 598听
Total property, plant and equipment, at cost 129,508听 118,401听
Less: accumulated depreciation (47,952) (38,679)
Property, plant and equipment, net $ 81,556听 $ 79,722听
Depreciation expense was $3.6 million and $3.7 million for the three months ended September听30, 2022 and 2021, respectively. Depreciation expense was $11.4 million and $10.9 million for the nine months ended September听30, 2022 and 2021, respectively.