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CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Allowance for doubtful accounts $ 1,045 $ 703
Common stock, par value $ 0.0001 $ 0.0001
Common stock, shares authorized 125,047,000 119,547,000
Common stock, shares issued 26,503,000 24,429,000
Common stock, shares outstanding 26,503,000 24,429,000
Total assets [1] $ 2,240,750 $ 1,935,632
Solar energy systems, net 1,695,728 1,480,223
Cash and cash equivalents 116,610 152,154
Accounts receivable, net 49,619 43,189
Prepaid expenses and other current assets 16,698 9,560
Total liabilities [1] 1,618,867 1,383,065
Accounts payable 69,566 51,166
Distributions payable to noncontrolling interests and redeemable noncontrolling interests 6,463 6,764
Accrued expenses and other liabilities 42,833 25,445
Long-term debt 337,722 239,251
Variable Interest Entities    
Total assets 1,202,608 986,878
Solar energy systems, net 1,113,088 942,655
Cash and cash equivalents 72,983 29,099
Restricted cash 729 593
Accounts receivable, net 15,609 14,351
Prepaid expenses and other current assets 199 180
Total liabilities 504,377 474,348
Accounts payable 16,765 9,057
Distributions payable to noncontrolling interests and redeemable noncontrolling interests 6,413 6,426
Accrued expenses and other liabilities 162 340
Deferred revenue 329,114 301,792
Deferred grants 119,704 123,351
Long-term debt $ 32,219 $ 33,382
Convertible Preferred Stock    
Preferred stock, par value $ 0.0001 $ 0.0001
Preferred stock, shares authorized 57,028,000 57,028,000
Preferred stock, shares issued 54,841,000 54,841,000
Preferred stock, shares outstanding 54,841,000 54,841,000
Aggregate liquidation preference $ 305,883 $ 305,883
[1] The Company’s consolidated assets as of June 30, 2015 and December 31, 2014 include $1,202,608 (unaudited) and $986,878, respectively, in assets of variable interest entities, or VIEs, that can only be used to settle obligations of the VIEs. Solar energy systems, net, as of June 30, 2015 and December 31, 2014 were $1,113,088 (unaudited) and $942,655, respectively; cash and cash equivalents as of June 30, 2015 and December 31, 2014 were $72,983 (unaudited) and $29,099, respectively; restricted cash as of June 30, 2015 and December 31, 2014 were $729 (unaudited) and $593, respectively; accounts receivable, net as of June 30, 2015 and December 31, 2014 were $15,609 (unaudited) and $14,351. respectively; prepaid expenses and other current assets as of June 30, 2015 and December 31, 2014 were $199 (unaudited) and $180, respectively. The Company’s consolidated liabilities as of June 30, 2015 and December 31, 2014 include $504,377 (unaudited) and $474,348, respectively, in liabilities of VIEs whose creditors have no recourse to the Company. These liabilities include accounts payable as of June 30, 2015 and December 31, 2014 of $16,765 (unaudited) and $9,057, respectively; distributions payable to noncontrolling interests and redeemable noncontrolling interests as of June 30, 2015 and December 31, 2014 of $6,413 (unaudited) and $6,426, respectively; accrued expenses and other liabilities as of June 30, 2015 and December 31, 2014 of $162 (unaudited) and $340, respectively; deferred revenue as of June 30, 2015 and December 31, 2014 of $329,114 (unaudited) and $301,792, respectively; deferred grants as of June 30, 2015 and December 31, 2014 of $119,704 (unaudited) and $123,351, respectively; and long-term debt as of June 30, 2015 and December 31, 2014 of $32,219 (unaudited) and $33,382, respectively