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Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v3.24.0.1
Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2023
Accounting Policies [Abstract] Ìý
Schedule of Cash, Cash Equivalents and Restricted Cash The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the consolidated balance sheets that sum to the total of the same such amounts shown in the consolidated statements of cash flows (in thousands):
December 31,
2023		 December 31, 2022
Cash and cash equivalents $ 725,169Ìý $ 510,834Ìý
Tax like-kind exchange escrow 5,380Ìý 6,348Ìý
Total cash, cash equivalents and restricted cash shown in the statement of cash flows $ 730,549Ìý $ 517,182Ìý
Schedule of Property, Plant and Equipment Depreciable lives by category are as follows:
Range of Estimated Useful Lives (in years)
Water wells and other water-related assets 3 to 20
Furniture, fixtures and equipment 3 to 15
Property, plant and equipment, net consisted of the following as of December 31, 2023 and 2022 (in thousands):
Ìý December 31,
2023		 December 31,
2022
Property, plant and equipment, at cost: Ìý Ìý
Water service-related assets $ 136,340Ìý $ 125,166Ìý
Furniture, fixtures and equipment 9,801Ìý 9,718Ìý
Other 598Ìý 598Ìý
Total property, plant and equipment, at cost 146,739Ìý 135,482Ìý
Less: accumulated depreciation (57,152) (50,004)
Property, plant and equipment, net $ 89,587Ìý $ 85,478Ìý