Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment

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Property, Plant and Equipment
3 Months Ended
Mar. 31, 2024
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, 2024 and December 31, 2023 (in thousands):
  March 31,
2024
December 31,
2023
Property, plant and equipment, at cost:    
Water service-related assets $ 141,920  $ 136,340 
Furniture, fixtures and equipment 9,884  9,801 
Other 598  598 
Total property, plant and equipment, at cost 152,402  146,739 
Less: accumulated depreciation (60,202) (57,152)
Property, plant and equipment, net $ 92,200  $ 89,587 
Depreciation expense was $3.1 million and $3.0 million for the three months ended March 31, 2024 and 2023, respectively.