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Annual report pursuant to Section 13 and 15(d)

Property, Plant and Equipment

v3.22.0.1
Property, Plant and Equipment
12 Months Ended
Dec. 31, 2021
Property, Plant and Equipment [Abstract] Ìý
Property, Plant and Equipment Property, Plant and Equipment
Ìý
Property, plant and equipment, net consisted of the following as of December 31, 2021 and 2020 (in thousands):

Ìý December 31, 2021 December 31, 2020
Property, plant and equipment, at cost: Ìý Ìý
Water service-related assets (1)
$ 108,732Ìý $ 97,699Ìý
Furniture, fixtures and equipment 9,071Ìý 6,125Ìý
Other 598Ìý 598Ìý
Total property, plant and equipment, at cost 118,401Ìý 104,422Ìý
Less: accumulated depreciation (38,679) (25,155)
Property, plant and equipment, net $ 79,722Ìý $ 79,267Ìý
(1)Water service-related assets reflect assets related to water sourcing and water treatment projects.

Depreciation expense was $14.8 million, $13.8 million and $8.5 million for the years ended December 31, 2021, 2020 and 2019, respectively.