Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment

v3.19.3
Property, Plant and Equipment
 9 Months Ended
Sep. 30, 2019
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, 2019 and December 31, 2018 (in thousands):
September 30, 2019 December 31, 2018
Property, plant and equipment:
Water service-related assets (1)
$ 88,625    $ 62,919   
Furniture, fixtures and equipment
 5,855    4,297   
Other
 598    598   
Property, plant and equipment at cost 95,078    67,814   
Less: accumulated depreciation (8,006)   (3,012)  
Property, plant and equipment, net $ 87,072    $ 64,802   

(1) Water service-related assets reflect assets related to water sourcing and water treatment projects.

Depreciation expense was $2.6 million and $0.7 million for the three months ended September 30, 2019 and 2018, respectively. Depreciation expense was $5.2 million and $1.5 million for the nine months ended September 30, 2019 and 2018, respectively.