Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment

v3.10.0.1
Property, Plant and Equipment
 9 Months Ended
Sep. 30, 2018
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, 2018 and December 31, 2017 (in thousands):

 
 
September 30, 2018
 
December 31, 2017
Property, plant and equipment:
 
 
 
 
Water service-related assets (1)
 
$
55,417

 
$
18,193

Furniture, fixtures and equipment
 
3,927

 
1,786

Other
 
597

 
—

Property, plant and equipment at cost
 
59,941

 
19,979

Less: accumulated depreciation
 
(1,952
)
 
(463
)
Property, plant and equipment, net
 
$
57,989

 
$
19,516

 
 
 
 
 

(1)
Water service-related assets reflect assets related to brackish water sourcing and water re-use projects.

Depreciation expense was $0.7 million and $1.5 million for the three and nine months ended September 30, 2018, respectively. Depreciation expense was $0.2 million and $0.3 million for the three and nine months ended September 30, 2017.