TANGIBLE WATER ASSETS AND REAL ESTATE, NET

12 Months Ended

Dec. 31, 2017

Real Estate [Abstract]

TANGIBLE WATER ASSETS AND REAL ESTATE, NET

TANGIBLE WATER ASSETS AND REAL ESTATE, NET

The cost assigned to the various components of tangible water and real estate assets were as follows (in thousands):

	December 31,
	2017		2016
Tangible water assets	$	29,655	$	42,498
Real estate and improvements held and used, net of accumulated amortization of $12,003 at December 31, 2017 and December 31, 2016	9,469		9,469
Other real estate inventories	5,551		5,724
Total tangible water and real estate assets, net	$	44,675	$	57,691

The Company’s real estate improvements were fully depreciated at December 31, 2016. Amortization of such improvements was approximately $225,000 and $879,000 for December 31, 2016 and 2015, respectively.