Annual report pursuant to Section 13 and 15(d)

Property, Plant and Equipment

v3.10.0.1
Property, Plant and Equipment
 12 Months Ended
Dec. 31, 2018
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment
3.
Property, Plant and Equipment
 
Property, plant and equipment, net consisted of the following at December 31, 2018 and 2017 (in thousands):
 
December 31, 2018
 
December 31, 2017
Property, plant and equipment, at cost:
 
 
 
Water service-related assets (1)
$
62,919

 
$
18,193

Furniture, fixtures and equipment
4,297

 
1,786

Other
598

 
—

Total property, plant and equipment, at cost
67,814

 
19,979

Less: accumulated depreciation
(3,012
)
 
(463
)
Property, plant and equipment, net
$
64,802

 
$
19,516

                                    
 
(1)
Water service-related assets include water wells and water well fields related to water sourcing and water re-use.

Depreciation expense was $2.6 million and $0.4 million for the years ended December 31, 2018 and 2017, respectively. Depreciation expense was minimal for the year ended December 31, 2016.