Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment

v3.20.2
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.