Annual report pursuant to Section 13 and 15(d)

Property, Plant and Equipment

v3.22.4
Property, Plant and Equipment
 12 Months Ended
Dec. 31, 2022
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, 2022 and 2021 (in thousands):
  December 31,
2022		 December 31,
2021
Property, plant and equipment, at cost:    
Water service-related assets $ 125,166  $ 108,732 
Furniture, fixtures and equipment 9,718  9,071 
Other 598  598 
Total property, plant and equipment, at cost 135,482  118,401 
Less: accumulated depreciation (50,004) (38,679)
Property, plant and equipment, net $ 85,478  $ 79,722 
Depreciation expense was $14.2 million, $14.8 million and $13.8 million for the years ended December 31, 2022, 2021 and 2020, respectively.