Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment

v3.21.2
Property, Plant and Equipment
 9 Months Ended
Sep. 30, 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 September 30, 2021 and December 31, 2020 (in thousands):
September 30, 2021 December 31, 2020
Property, plant and equipment, at cost:
Water service-related assets (1)
$ 104,612  $ 97,699 
Furniture, fixtures and equipment
 9,195  6,125 
Other
 598  598 
Property, plant and equipment at cost 114,405  104,422 
Less: accumulated depreciation (35,201) (25,155)
Property, plant and equipment, net $ 79,204  $ 79,267 
(1)    Water service-related assets reflect assets related to water sourcing and water treatment projects.

Depreciation expense was $3.7 million and $3.5 million for the three months ended September 30, 2021 and 2020, respectively. Depreciation expense was $10.9 million and $10.3 million for the nine months ended September 30, 2021 and 2020, respectively.