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Quarterly report [Sections 13 or 15(d)]

Property, Plant and Equipment

v3.25.1
Property, Plant and Equipment
3 Months Ended
Mar. 31, 2025
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 March 31, 2025 and December 31, 2024 (in thousands):
Ìý March 31,
2025
December 31,
2024
Property, plant and equipment, at cost: Ìý Ìý
Water service-related assets $ 177,757Ìý $ 167,855Ìý
Furniture, fixtures and equipment 9,938Ìý 9,932Ìý
Other 598Ìý 598Ìý
Total property, plant and equipment, at cost 188,293Ìý 178,385Ìý
Less: accumulated depreciation (59,825) (55,807)
Property, plant and equipment, net $ 128,468Ìý $ 122,578Ìý
Depreciation expense was $4.0 million and $3.1 million for the three months ended March 31, 2025 and 2024, respectively.