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, 2023
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, 2023 and 2022 (in thousands):
  December 31,
2023		 December 31,
2022
Property, plant and equipment, at cost:    
Water service-related assets $ 136,340  $ 125,166 
Furniture, fixtures and equipment 9,801  9,718 
Other 598  598 
Total property, plant and equipment, at cost 146,739  135,482 
Less: accumulated depreciation (57,152) (50,004)
Property, plant and equipment, net $ 89,587  $ 85,478 
Depreciation expense was $12.2 million, $14.2 million and $14.8 million for the years ended December 31, 2023, 2022 and 2021, respectively.