Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v3.20.4
Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2020
Accounting Policies [Abstract]  
Schedule of Cash, Cash Equivalents and Restricted Cash The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the condensed consolidated balance sheets that sum to the total of the same such amounts shown in the condensed consolidated statements of cash flows (in thousands):
December 31, 2020 December 31, 2019
Cash and cash equivalents $ 281,046  $ 303,645 
Tax like-kind exchange escrow 1,978  — 
Total cash, cash equivalents and restricted cash shown in the statement of cash flows $ 283,024  $ 303,645 
Schedule of Property, Plant and Equipment Depreciable lives by category are as follows:
Range of Estimated Useful Lives (in years)
Water wells and other water-related assets 3 to 30
Furniture, fixtures and equipment 5 to 7
Property, plant and equipment, net consisted of the following as of December 31, 2020 and 2019 (in thousands):

  December 31, 2020 December 31, 2019
Property, plant and equipment, at cost:    
Water service-related assets (1)
$ 97,699  $ 93,097 
Furniture, fixtures and equipment
 6,125  5,941 
Other
 598  598 
Total property, plant and equipment, at cost 104,422  99,636 
Less: accumulated depreciation (25,155) (11,313)
Property, plant and equipment, net $ 79,267  $ 88,323 
                                                     
(1)Water service-related assets reflect assets related to water sourcing and water treatment projects.