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Solar Energy Systems, Net
3 Months Ended
Mar. 31, 2019
Leases [Abstract]  
Solar Energy Systems, Net

Note 6 – Solar Energy Systems, Net

Solar energy systems, net, consisted of the following (in thousands):

 

 

 

March 31,

 

 

December 31,

 

 

 

2019

 

 

2018

 

Solar energy systems in service

 

$

6,461,833

 

 

$

6,430,729

 

Initial direct costs related to customer solar energy

   system lease acquisition costs

 

 

101,204

 

 

 

99,380

 

 

 

 

6,563,037

 

 

 

6,530,109

 

Less: accumulated depreciation and amortization

 

 

(550,558

)

 

 

(495,518

)

 

 

 

6,012,479

 

 

 

6,034,591

 

Solar energy systems under construction

 

 

49,648

 

 

 

67,773

 

Solar energy systems pending interconnection

 

 

179,510

 

 

 

169,032

 

Solar energy systems, net (1)

 

$

6,241,637

 

 

$

6,271,396

 

 

(1)

As of March 31, 2019 and December 31, 2018, solar energy systems, net, included $36.0 million of finance leased assets with accumulated depreciation and amortization of $4.2 million and $3.8 million, respectively.