Utility Plant and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2023

Schedule of Public Utility Property Plant and Equipment Components [Table Text Block]

The following table shows Registrant’s utility plant (regulated utility plant and non-regulated utility property) by major asset class:


	AWR December 31,				GSWC December 31,
(dollars in thousands)	2023		2022		2023		2022
Water
Land	$	18,290	$	18,427	$	18,290	$	18,427
Intangible assets	30,917		30,511		30,917		30,511
Source of water supply	111,112		109,918		111,112		109,918
Pumping	234,264		227,668		234,264		227,668
Water treatment	98,533		90,411		98,533		90,411
Transmission and distribution	1,489,974		1,431,437		1,489,974		1,431,437
Other	140,060		136,162		99,837		98,096
	2,123,150		2,044,534		2,082,927		2,006,468
Electric
Transmission and distribution	126,143		105,499		—		—
Generation	12,583		12,583		—		—
Other (1)	17,745		15,733		—		—
	156,471		133,815		—		—

Less — accumulated depreciation	(624,472)		(606,231)		(543,135)		(530,925)
Construction work in progress	237,131		181,648		195,742		141,175
Net utility plant	$	1,892,280	$	1,753,766	$	1,735,534	$	1,616,718

(1) Includes intangible assets of $1.2 million for the years ended December 31, 2023 and 2022 for studies performed.

Schedule of components of intangible assets

As of December 31, 2023 and 2022, intangible assets consist of the following:


	Weighted Average Amortization	AWR December 31,				GSWC December 31,
(dollars in thousands)	Period	2023		2022		2023		2022
Intangible assets:
Conservation programs	3 years	$	9,486	$	9,486	$	9,486	$	9,486
Water and service rights (2)	30 years	8,695		8,695		8,124		8,124
Water planning studies	14 years	14,164		13,757		12,926		12,519
Total intangible assets		32,345		31,938		30,536		30,129
Less — accumulated amortization		(27,275)		(26,811)		(26,294)		(25,374)
Intangible assets, net of amortization		$	5,070	$	5,127	$	4,242	$	4,755

Intangible assets not subject to amortization (3)		$	383	$	383	$	382	$	382

(2) Includes intangible assets of $571,000 for contracted services included in “Other Property and Investments” on the consolidated balance sheets as of December 31, 2023 and 2022.

(3) The intangible assets not subject to amortization primarily consist of organization and consent fees.

Schedule of estimated future consolidated amortization expenses related to intangible assets

Estimated future consolidated amortization expense related to intangible assets are as follows (in thousands):


	Amortization Expense
2024	$	911
2025	911
2026	911
2027	911
2028	911
Total	$	4,555

Schedule of reconciliation of the beginning and ending aggregate carrying amount of the asset retirement obligations

The following is a reconciliation of the beginning and ending aggregate carrying amount of asset retirement obligations, which are included in “Other Credits” on the balance sheets as of December 31, 2023 and 2022:


(dollars in thousands)	GSWC
Obligation at December 31, 2021	$	9,717
Accretion	386
Obligation at December 31, 2022	$	10,103
Accretion	406
Obligation at December 31, 2023	$	10,509