v3.25.2
Property, Plant and Equipment
 6 Months Ended
Jun. 30, 2025
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Property, Plant and Equipment
 
Property, plant and equipment, net consisted of the following as of June 30, 2025 and December 31, 2024 (in thousands):
 June 30,
2025		December 31,
2024
Property, plant and equipment, at cost:  
Water service-related assets$181,379 $167,855 
Furniture, fixtures and equipment10,123 9,932 
Other598 598 
Total property, plant and equipment, at cost192,100 178,385 
Less: accumulated depreciation(64,151)(55,807)
Property, plant and equipment, net$127,949 $122,578 
Depreciation expense was $4.3 million and $3.2 million for the three months ended June 30, 2025 and 2024, respectively. Depreciation expense was $8.3 million and $6.2 million for the six months ended June 30, 2025 and 2024, respectively.