Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment

v3.23.1
Property, Plant and Equipment
 3 Months Ended
Mar. 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 March 31, 2023 and December 31, 2022 (in thousands):
  March 31,
2023		 December 31,
2022
Property, plant and equipment, at cost:    
Water service-related assets $ 128,675  $ 125,166 
Furniture, fixtures and equipment 9,937  9,718 
Other 598  598 
Total property, plant and equipment, at cost 139,210  135,482 
Less: accumulated depreciation (53,018) (50,004)
Property, plant and equipment, net $ 86,192  $ 85,478 
Depreciation expense was $3.0 million and $3.8 million for the three months ended March 31, 2023 and 2022, respectively.