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Other Property, Plant and Equipment, Net
9 Months Ended
Sep. 30, 2022
Other Property, Plant and Equipment, Net  
Other Property, Plant and Equipment, Net

4. Other Property, Plant and Equipment, Net

Other property, plant and equipment, net at the dates indicated below, consisted of the following:

    

September 30, 

December 31,

2022

    

2021

Land

$

28,126

$

9,163

Buildings and leasehold improvements

 

712

 

191

Machinery and office equipment

 

1,507

 

1,300

Software and other

 

6,183

 

5,347

 

36,528

 

16,001

Less: accumulated depreciation

 

(5,806)

 

(4,749)

Total other property, plant and equipment, net

$

30,722

$

11,252

Depreciation expense related to other property, plant and equipment was $1.1 million and $1.1 million for the nine months ended September 30, 2022 and 2021, respectively, and is included in other depreciation and amortization in the consolidated statements of comprehensive income (loss). For the three months ended September 30, 2022 and 2021, depreciation expense related to other property, plant and equipment was $0.3 million and $0.4 million, respectively.

In June 2022, the Company purchased land for approximately $15.5 million to support growth of the Government segment discussed in Note 18, which was funded by cash on hand. The land is included in the other property, plant and equipment assets group in the table above.

During the three months ended September 30, 2022, the Company purchased land and specialty rental assets (modular units, site work, and furniture & fixtures) for approximately $22.3 million, of which approximately $3.6 million is included within this assets group for the land, to support growth of the Government segment discussed in Note 18, which was funded by cash on hand. The acquisition was accounted for as an asset acquisition. The Company allocated the total purchase price to identifiable tangible assets based on their relative fair values, which resulted in the entire purchase price being allocated to land and specialty rental assets as noted above.