Solar Energy Systems, Leased and To Be Leased - Net

9 Months Ended

Sep. 30, 2017

Leases [Abstract]

Solar Energy Systems, Leased and To Be Leased - Net

Note 7 – Solar Energy Systems, Leased and To Be Leased, Net

Solar energy systems, leased and to be leased, net, consisted of the following (in thousands):

	September 30,			December 31,
	2017			2016
Solar energy systems leased to customers	$	5,878,322		$	5,052,976
Initial direct costs related to customer solar energy    system lease acquisition costs		65,283			12,774
		5,943,605			5,065,750
Less: accumulated depreciation and amortization		(168,571	)		(20,157	)
		5,775,034			5,045,593
Solar energy systems under construction		241,928			460,913
Solar energy systems to be leased to customers		271,003			413,374
Solar energy systems, leased and to be leased – net (1)	$	6,287,965		$	5,919,880

(1) Included in solar energy systems, leased and to be leased, as of September 30, 2017 and December 31, 2016 was $36.0 million and $36.0 million, respectively, related to capital leased assets with an accumulated depreciation and amortization of $1.5 million and $0.2 million, respectively.