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Annual report pursuant to Section 13 and 15(d)

Property, Plant and Equipment

v3.22.4
Property, Plant and Equipment
12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract] Ìý
Property, Plant and Equipment Property, Plant and Equipment
Ìý
Property, plant and equipment, net consisted of the following as of December 31, 2022 and 2021 (in thousands):
Ìý December 31,
2022
December 31,
2021
Property, plant and equipment, at cost: Ìý Ìý
Water service-related assets $ 125,166Ìý $ 108,732Ìý
Furniture, fixtures and equipment 9,718Ìý 9,071Ìý
Other 598Ìý 598Ìý
Total property, plant and equipment, at cost 135,482Ìý 118,401Ìý
Less: accumulated depreciation (50,004) (38,679)
Property, plant and equipment, net $ 85,478Ìý $ 79,722Ìý
Depreciation expense was $14.2 million, $14.8 million and $13.8 million for the years ended December 31, 2022, 2021 and 2020, respectively.