XML 63 R51.htm IDEA: XBRL DOCUMENT v3.19.1
Indebtedness - Additional Information (Details) - USD ($)
3 Months Ended
Mar. 31, 2019
Dec. 31, 2018
Debt Instrument [Line Items]    
Loan outstanding balance $ 1,824,222,000 $ 1,748,922,000
Recourse debt    
Debt Instrument [Line Items]    
Loan outstanding balance 239,035,000 247,000,000
Non-recourse debt    
Debt Instrument [Line Items]    
Loan outstanding balance 1,585,187,000 1,501,922,000
Non-recourse debt | Aggregation facility, March 2023    
Debt Instrument [Line Items]    
Loan outstanding balance 362,600,000  
Non-recourse debt | Line of credit | Aggregation facility, March 2023    
Debt Instrument [Line Items]    
Line of credit, maximum borrowing capacity $ 595,000,000  
Non-recourse debt | London Interbank Offered Rate (LIBOR) | Line of credit | Aggregation facility, March 2023    
Debt Instrument [Line Items]    
Basis spread on variable rate 2.50%  
Facility available period 3 years  
Debt instrument basis spread on variable rate, periodic increase 2.75%  
Revolving line of credit facility available period, period increase 2 years  
Bank line of credit | Recourse debt    
Debt Instrument [Line Items]    
Line of credit, maximum borrowing capacity $ 250,000,000  
Minimum unencumbered liquid assets to be maintained 25,000,000  
Debt covenant, liability maintenance $ 30,000,000  
Interest coverage ratio 300.00%  
Loan outstanding balance $ 239,035,000 $ 247,000,000
Bank line of credit | Recourse debt | Minimum    
Debt Instrument [Line Items]    
Interest rate 5.59% 5.45%
Bank line of credit | Recourse debt | Maximum    
Debt Instrument [Line Items]    
Interest rate 5.90% 5.77%
Bank line of credit | Recourse debt | London Interbank Offered Rate (LIBOR)    
Debt Instrument [Line Items]    
Basis spread on variable rate 3.25%  
Bank line of credit | Recourse debt | Base Rate    
Debt Instrument [Line Items]    
Basis spread on variable rate 2.25%  
Bank line of credit | Recourse debt | Federal Funds Rate    
Debt Instrument [Line Items]    
Basis spread on variable rate 0.50%  
Bank line of credit | Recourse debt | LIBOR Floor Rate    
Debt Instrument [Line Items]    
Basis spread on variable rate 1.00%  
Term Loan Due in October 2024 | Non-recourse debt | Senior secured revolving letter of credit facility | Aggregation facility, October 2024    
Debt Instrument [Line Items]    
Line of credit, maximum borrowing capacity $ 303,000,000  
Loan outstanding balance 281,800,000  
Term Loan Due in October 2024 | Non-recourse debt | Term Loan | Aggregation facility, October 2024    
Debt Instrument [Line Items]    
Line of credit, maximum borrowing capacity 293,000,000  
Term Loan Due in October 2024 | Non-recourse debt | Revolving debt | Aggregation facility, October 2024    
Debt Instrument [Line Items]    
Line of credit, maximum borrowing capacity $ 10,000,000  
Term Loan | Non-recourse debt | Minimum | Aggregation facility, March 2023    
Debt Instrument [Line Items]    
Term loan prepayment penalty, percent 0.00%  
Term Loan | Non-recourse debt | Maximum | Aggregation facility, March 2023    
Debt Instrument [Line Items]    
Term loan prepayment penalty, percent 1.00%  
Term Loan | Non-recourse debt | London Interbank Offered Rate (LIBOR) | Aggregation facility, March 2023    
Debt Instrument [Line Items]    
Basis spread on variable rate 5.00%  
Facility available period 3 years  
Debt instrument basis spread on variable rate, periodic increase 6.50%  
Term Loan A | Non-recourse debt | London Interbank Offered Rate (LIBOR) | Aggregation facility, October 2024    
Debt Instrument [Line Items]    
Basis spread on variable rate 2.75%  
Term Loan A | Non-recourse debt | Base Rate | Aggregation facility, October 2024    
Debt Instrument [Line Items]    
Basis spread on variable rate 1.75%  
Term Loan B | Non-recourse debt | Minimum | Aggregation facility, October 2024    
Debt Instrument [Line Items]    
Term loan prepayment penalty, percent 0.00%  
Term Loan B | Non-recourse debt | Maximum | Aggregation facility, October 2024    
Debt Instrument [Line Items]    
Term loan prepayment penalty, percent 5.00%  
Term Loan B, Class A | Non-recourse debt | London Interbank Offered Rate (LIBOR) | Aggregation facility, October 2024    
Debt Instrument [Line Items]    
Basis spread on variable rate 7.03%  
Term Loan B, Class B | Non-recourse debt | London Interbank Offered Rate (LIBOR) | Aggregation facility, October 2024    
Debt Instrument [Line Items]    
Basis spread on variable rate 5.00%  
Basis spread on Federal Funds Rate 1.00%  
Term Loan B, Class B | Non-recourse debt | Base Rate | Aggregation facility, October 2024    
Debt Instrument [Line Items]    
Basis spread on variable rate 4.00%  
Basis spread on Federal Funds Rate 0.50%  
Term Loan due in April 2024 | Non-recourse debt | Senior secured revolving letter of credit facility | Aggregation facility, April 2024    
Debt Instrument [Line Items]    
Line of credit, maximum borrowing capacity $ 202,000,000  
Loan outstanding balance 183,800,000  
Term Loan due in April 2024 | Non-recourse debt | Revolving debt | Aggregation facility, April 2024    
Debt Instrument [Line Items]    
Line of credit, maximum borrowing capacity 7,000,000  
Term Loan due in April 2024 | Non-recourse debt | Delayed draw term loan | Aggregation facility, April 2024    
Debt Instrument [Line Items]    
Line of credit, maximum borrowing capacity $ 195,000,000  
Term Loan due in April 2024 | Non-recourse debt | London Interbank Offered Rate (LIBOR) | Aggregation facility, April 2024    
Debt Instrument [Line Items]    
Basis spread on variable rate 2.25%  
Facility available period 4 years  
Term Loan due in April 2024 | Non-recourse debt | Base Rate | Aggregation facility, April 2024    
Debt Instrument [Line Items]    
Basis spread on variable rate 1.25%  
Term Loan due in April 2024 | Non-recourse debt | Federal Funds Rate | Aggregation facility, April 2024    
Debt Instrument [Line Items]    
Basis spread on variable rate 0.50%  
Term Loan due in April 2024 | Non-recourse debt | LIBOR Floor Rate | Aggregation facility, April 2024    
Debt Instrument [Line Items]    
Basis spread on variable rate 1.00%  
Bank Term Loan due September 2020 | Non-recourse debt | Revolving loan facility, September 2020    
Debt Instrument [Line Items]    
Loan outstanding balance $ 210,200,000  
Senior debt | Non-recourse debt    
Debt Instrument [Line Items]    
Loan outstanding balance $ 913,787,000 $ 828,517,000
Senior debt | Non-recourse debt | Minimum    
Debt Instrument [Line Items]    
Interest rate 4.50% 4.50%
Senior debt | Non-recourse debt | Maximum    
Debt Instrument [Line Items]    
Interest rate 5.49% 5.54%
Senior debt | Non-recourse debt | London Interbank Offered Rate (LIBOR) | Revolving loan facility, September 2020    
Debt Instrument [Line Items]    
Basis spread on variable rate 2.75%  
Subordinated debt | Non-recourse debt    
Debt Instrument [Line Items]    
Loan outstanding balance $ 278,910,000 $ 273,337,000
Subordinated debt | Non-recourse debt | Minimum    
Debt Instrument [Line Items]    
Interest rate 7.03% 7.03%
Subordinated debt | Non-recourse debt | Maximum    
Debt Instrument [Line Items]    
Interest rate 10.00% 10.00%
Subordinated debt | Non-recourse debt | London Interbank Offered Rate (LIBOR) | Revolving loan facility, September 2020    
Debt Instrument [Line Items]    
Basis spread on variable rate 5.50%  
Bank Term Loan due April 2022 | Non-recourse debt    
Debt Instrument [Line Items]    
Loan outstanding balance $ 20,000,000  
Interest rate 4.50%  
Bank Term Loan due September 2022 | Non-recourse debt    
Debt Instrument [Line Items]    
Basis spread on variable rate 2.25%  
Loan outstanding balance $ 16,100,000  
Bank Term Loan due January 2030 | Non-recourse debt    
Debt Instrument [Line Items]    
Loan outstanding balance $ 118,200,000  
Interest rate 10.00%  
Subsidiary one | Securitization loans    
Debt Instrument [Line Items]    
Secured borrowings assets carrying amount $ 162,700,000 $ 164,700,000
Subsidiary one | Securitization loans | Non-recourse debt    
Debt Instrument [Line Items]    
Loan outstanding balance $ 89,100,000  
Subsidiary one | Solar Asset Backed Notes    
Debt Instrument [Line Items]    
Debt Instrument Discount Rate 0.08%  
Subsidiary two | Securitization loans | Non-recourse debt    
Debt Instrument [Line Items]    
Loan outstanding balance $ 303,400,000  
Subsidiary two | Solar Asset Backed Notes    
Debt Instrument [Line Items]    
Debt Instrument Discount Rate 1.47%