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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 263,006 $ 152,154
Restricted cash 8,076 2,534
Accounts receivable (net of allowances for doubtful accounts of $1,200 and $703 as of September 30, 2015 and December 31, 2014, respectively) 53,717 43,189
Grants receivable 9,198 5,183
Inventories 51,907 23,914
Prepaid expenses and other current assets 8,375 9,560
Deferred tax assets, current 4,632 3,048
Total current assets 398,911 239,582
Restricted cash 7,813 6,012
Solar energy systems, net 1,837,047 1,480,223
Property and equipment, net 34,743 22,195
Intangible assets, net 23,756 13,111
Goodwill 87,555 51,786
Prepaid tax asset 170,000 109,381
Other assets 23,201 13,342
Total assets [1] 2,583,026 1,935,632
Current liabilities:    
Accounts payable 97,908 51,166
Distributions payable to noncontrolling interests and redeemable noncontrolling interests 7,224 6,764
Accrued expenses and other liabilities 45,636 25,445
Deferred revenue, current portion 52,590 44,398
Deferred grants, current portion 13,980 13,754
Capital lease obligation, current portion 6,441 1,593
Long-term debt, current portion 1,803 2,602
Solar asset-backed notes, current portion 2,967  
Lease pass-through financing obligation, current portion 2,837 5,161
Total current liabilities 231,386 150,883
Deferred revenue, net of current portion 524,950 467,726
Deferred grants, net of current portion 224,689 226,801
Capital lease obligation, net of current portion 11,406 5,761
Line of credit 133,294 48,597
Long-term debt, net of current portion 224,021 188,052
Solar asset-backed notes, net of current portion 106,731  
Lease pass-through financing obligation, net of current portion 124,160 180,224
Other liabilities 4,810 2,424
Deferred tax liabilities 174,631 112,597
Total liabilities [1] 1,760,078 1,383,065
Redeemable noncontrolling interests 176,705 135,948
Stockholders’ equity:    
Common stock, $0.0001 par value—authorized, 2,000,000 and 119,547 shares as of September 30, 2015 and December 31, 2014, respectively; issued and outstanding, 100,807 and 24,249 shares as of September 30, 2015 and December 31, 2014, respectively 10 2
Additional paid-in capital 636,517 383,860
Accumulated other comprehensive loss (2,695)  
Accumulated deficit (72,226) (59,003)
Total stockholders’ equity 561,606 324,864
Noncontrolling interests 84,637 91,755
Total equity 646,243 416,619
Total liabilities, redeemable noncontrolling interests and total equity $ 2,583,026 1,935,632
Convertible Preferred Stock    
Stockholders’ equity:    
Convertible preferred stock, $0.0001 par value—authorized, 200,000 and 57,028 shares as of September 30, 2015 and December 31, 2014, respectively; issued and outstanding, 0 and 54,841 shares as of September 30, 2015 and December 31, 2014, respectively; aggregate liquidation value of $0 and $305,883 as of September 30, 2015 and December 31, 2014, respectively   $ 5
[1] The Company’s consolidated assets as of September 30, 2015 and December 31, 2014 include $1,317,653 (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 September 30, 2015 and December 31, 2014 were $1,232,009 (unaudited) and $942,655, respectively; cash and cash equivalents as of September 30, 2015 and December 31, 2014 were $68,890 (unaudited) and $29,099, respectively; restricted cash as of September 30, 2015 and December 31, 2014 were $742 (unaudited) and $593, respectively; accounts receivable, net as of September 30, 2015 and December 31, 2014 were $15,882 (unaudited) and $14,351; respectively; prepaid expenses and other current assets as of September 30, 2015 and December 31, 2014 were $130 (unaudited) and $180, respectively. The Company’s consolidated liabilities as of September 30, 2015 and December 31, 2014 include $519,813 (unaudited) and $474,348, respectively, in liabilities of VIEs whose creditors have no recourse to the Company. These liabilities include accounts payable as of September 30, 2015 and December 31, 2014 of $15,364 (unaudited) and $9,057, respectively; distributions payable to noncontrolling interests and redeemable noncontrolling interests as of September 30, 2015 and December 31, 2014 of $7,174 (unaudited) and $6,426, respectively; accrued expenses and other liabilities as of September 30, 2015 and December 31, 2014 of $188 (unaudited) and $340, respectively; deferred revenue as of September 30, 2015 and December 31, 2014 of $347,832 (unaudited) and $301,792, respectively; deferred grants as of September 30, 2015 and December 31, 2014 of $117,735 (unaudited) and $123,351, respectively; and long-term debt as of September 30, 2015 and December 31, 2014 of $31,520 (unaudited) and $33,382, respectively