Property, Plant and Equipment

9 Months Ended

Sep. 30, 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 September 30, 2020 and December 31, 2019 (in thousands):

	September 30, 2020		December 31, 2019
Property, plant and equipment:
Water service-related assets (1)	$	97,256	$	93,097
Furniture, fixtures and equipment	6,095		5,941
Other	598		598
Property, plant and equipment at cost	103,949		99,636
Less: accumulated depreciation	(21,619)		(11,313)
Property, plant and equipment, net	$	82,330	$	88,323

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

Depreciation expense was $3.5 million and $2.6 million for the three months ended September 30, 2020 and 2019, respectively. Depreciation expense was $10.3 million and $5.2 million for the nine months ended September 30, 2020 and 2019, respectively.