TANGIBLE WATER ASSETS AND REAL ESTATE, NET

12 Months Ended

Dec. 31, 2019

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



	December 31,
	2019		2018
Tangible water assets	$	26,570	$	29,622
Real estate and improvements held and used, net of accumulated amortization of $12,003 at December 31, 2019 and December 31, 2018	9,469		9,469
Other real estate inventories	3,359		5,207
Total tangible water and real estate assets, net	$	39,398	$	44,298

The Company’s real estate improvements were fully depreciated at December 31, 2016.