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Assets Held For Sale And Property, Plant and Equipment
9 Months Ended
Sep. 30, 2022
Property, Plant and Equipment [Abstract]  
Assets Held For Sale And Property, Plant and Equipment ASSETS HELD FOR SALE AND PROPERTY, PLANT AND EQUIPMENT
Assets Held for Sale
During the quarter, the Company entered into an agreement to sell certain assets for $2.0 million. At September 30, 2022, the Company had received the funds; however, the purchaser had not taken delivery of the assets and they remain within the Company's custody as of the date of this Report, but are expected to be delivered to the purchaser during the fourth quarter 2022. The Company classified the assets as assets held for sale which are included as their own line item on the Company's Condensed Consolidated Balance Sheet at September 30, 2022. Proceeds received from the purchaser have been reported as investing activities within the Company's Condensed Consolidated Statement of Cash flows for the nine months ended September 30, 2022 and included within accrued liabilities on the Company's Condensed Consolidated Balance Sheet at September 30, 2022. The proceeds received from the sale equaled the carrying value of the assets. Accordingly, no impairment was recorded at September 30, 2022. At December 31, 2021, these assets were classified as construction in progress within property, plant and equipment. These assets did not meet the criteria for discontinued operations presentation.
Property, Plant and Equipment
The Company’s property, plant and equipment at September 30, 2022 and December 31, 2021 consisted of the following (in thousands):
September 30,
2022
December 31,
2021
Liquefaction plants and systems$47,606 $47,235 
Real property and buildings2,057 2,047 
Vehicles and tanker trailers and equipment51,168 49,905 
Computer and office equipment483 478 
Construction in progress408 1,495 
Leasehold improvements30 32 
101,752 101,192 
Less: accumulated depreciation(53,617)(47,027)
$48,135 $54,165 
Depreciation expense totaled $2.1 million and $2.3 million for the three months ended September 30, 2022 and 2021, respectively, and $6.6 million and $6.7 million for the nine months ended September 30, 2022 and 2021, respectively, all of which is included in the Condensed Consolidated Statements of Operations as a separate line item.