菜創郭肱利 Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment

3 Months Ended

Mar. 31, 2019

油

Property, plant and equipment, net consisted of the following as of March油31, 2019 and December油31, 2018 (in thousands):



油	油	March油31, 2019			油	December油31, 2018
Property, plant and equipment:	油	油			油	油
Water service-related assets ⁽¹⁾	油	$	71,593		油	$	62,919
Furniture, fixtures and equipment	油	4,823			油	4,297
Other	油	598			油	598
Property, plant and equipment at cost	油	77,014			油	67,814
Less: accumulated depreciation	油	(4,193		)	油	(3,012		)
Property, plant and equipment, net	油	$	72,821		油	$	64,802
油	油	油			油	油


(1)	Water service-related assets reflect assets related to brackish water sourcing and water re-use projects.

Depreciation expense was $1.2 million and $0.3 million for the three months ended March油31, 2019 and 2018, respectively.