Annual report pursuant to Section 13 and 15(d)

Property, Plant and Equipment

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Property, Plant and Equipment
 12 Months Ended
Dec. 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 December 31, 2021 and 2020 (in thousands):

  December 31, 2021 December 31, 2020
Property, plant and equipment, at cost:    
Water service-related assets (1)
$ 108,732  $ 97,699 
Furniture, fixtures and equipment 9,071  6,125 
Other 598  598 
Total property, plant and equipment, at cost 118,401  104,422 
Less: accumulated depreciation (38,679) (25,155)
Property, plant and equipment, net $ 79,722  $ 79,267 
(1)Water service-related assets reflect assets related to water sourcing and water treatment projects.

Depreciation expense was $14.8 million, $13.8 million and $8.5 million for the years ended December 31, 2021, 2020 and 2019, respectively.