Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment

v3.21.1
Property, Plant and Equipment
3 Months Ended
Mar. 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 March 31, 2021 and December 31, 2020 (in thousands):

March 31, 2021 December 31, 2020
Property, plant and equipment, at cost:
Water service-related assets (1)
$ 100,399  $ 97,699 
Furniture, fixtures and equipment
6,122  6,125 
Other
598  598 
Property, plant and equipment at cost 107,119  104,422 
Less: accumulated depreciation (28,724) (25,155)
Property, plant and equipment, net $ 78,395  $ 79,267 
(1)    Water service-related assets reflect assets related to water sourcing and water treatment projects.

Depreciation expense was $3.6 million and $3.2 million for the three months ended March 31, 2021 and 2020, respectively.