91Ã«Æ¬ Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment

Property, Plant and Equipment

3 Months Ended

Mar. 31, 2018

Property, Plant and Equipment [Abstract]

Ìı

Property, plant and equipment, net consisted of the following as of MarchÌı31, 2018 and DecemberÌı31, 2017 (in thousands):



Ìı	Ìı	MarchÌı31, 2018			Ìı	DecemberÌı31, 2017
Property, plant and equipment:	Ìı	Ìı			Ìı	Ìı
Water service-related assets ⁽¹⁾	Ìı	$	28,679		Ìı	$	18,193
Furniture, fixtures and equipment	Ìı	3,141			Ìı	1,786
Property, plant and equipment at cost	Ìı	31,820			Ìı	19,979
Less: accumulated depreciation	Ìı	(791		)	Ìı	(463		)
Property, plant and equipment, net	Ìı	$	31,029		Ìı	$	19,516
Ìı	Ìı	Ìı			Ìı	Ìı


(1)	Water service-related assets include water wells and water well fields related to water sourcing and water re-use projects.

Depreciation expense was $0.3 million for the three months ended MarchÌı31, 2018. Depreciation expense was insignificant for the three months ended MarchÌı31, 2017.