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Other Property, Plant and Equipment, Net
 3 Months Ended
Mar. 31, 2023
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:

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March 31, 

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December 31,

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2023

    

2022

Land

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$

29,391

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$

28,483

Buildings and leasehold improvements

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798

​

 

769

Machinery and office equipment

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1,632

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1,581

Other

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7,884

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7,341

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39,705

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38,174

Less: accumulated depreciation

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(6,716)

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(6,276)

Total other property, plant and equipment, net

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$

32,989

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$

31,898

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For the three months ended March 31, 2023 and 2022, depreciation expense related to other property, plant and equipment was $0.5 million and $0.4 million, respectively, and is included in other depreciation and amortization in the consolidated statements of comprehensive income.

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During the three months ended March 31, 2023, the Company purchased a group of assets consisting of land, specialty rental assets (modular units, site work, and furniture & fixtures) and intangibles for approximately $18.6 million, of which approximately $0.9 million is included within this assets group related to the land portion of the acquisition, to support growth of the HFS – South segment discussed in Note 17, 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 and intangible assets based on their relative fair values, which resulted in the entire purchase price being allocated to land, specialty rental assets and intangible assets.