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INTANGIBLE ASSETS AND GOODWILL
12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS AND GOODWILL INTANGIBLE ASSETS AND GOODWILL
Intangible assets
As of December 31, 2023 and 2022, intangible assets that will continue to be amortized and those not amortized were:
 Weighted
Average
Amortization
Period
(years)
20232022
 Gross
Carrying
Value
Accumulated
Amortization
Net
Carrying
Value
Gross
Carrying
Value
Accumulated
Amortization
Net
Carrying
Value
Amortized intangible assets:       
Water pumping rightsusage$1,084 $137 $947 $1,084 $132 $952 
Water planning studies1319,470 10,214 9,256 16,354 9,222 7,132 
Leasehold improvements and other185,128 1,837 3,291 3,192 1,614 1,578 
Total $25,682 $12,188 $13,494 $20,630 $10,968 $9,662 
Unamortized intangible assets:       
Perpetual water rights and other $7,239 $— $7,239 $7,149 $— $7,149 
Water pumping rights usage is the amount of water pumped from aquifers to be treated and distributed to customers.
For the year ended December 31, 2023, 2022, and 2021 amortization of intangible assets was $1.5 million, $1.5 million, and $1.4 million, respectively.
Estimated future amortization expense related to intangible assets are shown in the table below:
Year Ending December 31,Estimated Future Amortization Expense Related to Intangible Assets
2024$1,839 
20251,720 
20261,392 
20271,144 
20281,038 
Thereafter6,361 
Total$13,494 
Goodwill
Changes in the carrying amount of goodwill for the years ended December 31, 2023 and 2022 were as follows:
20232022
Beginning balance$36,814 $36,814 
Acquisitions225 — 
Total ending goodwill balance$37,039 $36,814