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Annual report pursuant to Section 13 and 15(d)

Property, Plant and Equipment

v3.22.4
Property, Plant and Equipment
12 Months Ended
Dec. 31, 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 December 31, 2022 and 2021 (in thousands):
December 31,
2022
December 31,
2021
Property, plant and equipment, at cost:
Water service-related assets $ 125,166听 $ 108,732听
Furniture, fixtures and equipment 9,718听 9,071听
Other 598听 598听
Total property, plant and equipment, at cost 135,482听 118,401听
Less: accumulated depreciation (50,004) (38,679)
Property, plant and equipment, net $ 85,478听 $ 79,722听
Depreciation expense was $14.2 million, $14.8 million and $13.8 million for the years ended December 31, 2022, 2021 and 2020, respectively.