Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment

v3.20.1
Property, Plant and Equipment
 3 Months Ended
Mar. 31, 2020
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Property, Plant and Equipment
Property, plant and equipment, net consisted of the following as of March 31, 2020 and December 31, 2019 (in thousands):

March 31, 2020 December 31, 2019
Property, plant and equipment:
Water service-related assets (1)
$ 96,600    $ 93,097   
Furniture, fixtures and equipment
 6,055    5,941   
Other
 598    598   
Property, plant and equipment at cost 103,253    99,636   
Less: accumulated depreciation (14,544)   (11,313)  
Property, plant and equipment, net $ 88,709    $ 88,323   

(1) Water service-related assets reflect assets related to water sourcing and water treatment projects.

Depreciation expense was $3.2 million and $1.2 million for the three months ended March 31, 2020 and 2019, respectively.