Property, Plant and Equipment

3 Months Ended

Mar. 31, 2020

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Property, Plant and Equipment

Property, plant and equipment, net consisted of the following as of March 31, 2020 and December 31, 2019 (in thousands):

	March 31, 2020		December 31, 2019
Property, plant and equipment:
Water service-related assets (1)	$	96,600	$	93,097
Furniture, fixtures and equipment	6,055		5,941
Other	598		598
Property, plant and equipment at cost	103,253		99,636
Less: accumulated depreciation	(14,544)		(11,313)
Property, plant and equipment, net	$	88,709	$	88,323

(1) Water service-related assets reflect assets related to water sourcing and water treatment projects.

Depreciation expense was $3.2 million and $1.2 million for the three months ended March 31, 2020 and 2019, respectively.