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Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment

v3.10.0.1
Property, Plant and Equipment
 6 Months Ended
Jun. 30, 2018
Property, Plant and Equipment [Abstract] Ìý
Property, Plant and Equipment
Property, Plant and Equipment

Property, plant and equipment, net consisted of the following as of JuneÌý30, 2018 and DecemberÌý31, 2017 (in thousands):

Ìý
Ìý
JuneÌý30, 2018
Ìý
DecemberÌý31, 2017
Property, plant and equipment:
Ìý
Ìý
Ìý
Ìý
Water service-related assets (1)
Ìý
$
47,988

Ìý
$
18,193

Furniture, fixtures and equipment
Ìý
3,555

Ìý
1,786

Property, plant and equipment at cost
Ìý
51,543

Ìý
19,979

Less: accumulated depreciation
Ìý
(1,270
)
Ìý
(463
)
Property, plant and equipment, net
Ìý
$
50,273

Ìý
$
19,516

Ìý
Ìý
Ìý
Ìý
Ìý

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

Depreciation expense was $0.5 million and $0.8 million for the three and six months ended JuneÌý30, 2018, respectively. Depreciation expense was $0.1 million for each of the three and six months ended JuneÌý30, 2017.