XML 98 R86.htm IDEA: XBRL DOCUMENT v3.3.1.900
VIE Arrangements - Carrying Amounts and Classification of the VIEs' Assets and Liabilities Included in the Consolidated Balance Sheets (Details) - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Current assets:        
Cash $ 203,864 $ 152,154 $ 99,699 $ 89,785
Restricted cash 9,203 2,534    
Accounts receivable, net 60,275 43,189    
Prepaid expenses and other current assets 6,696 9,560    
Total current assets 360,494 236,534    
Restricted cash 8,094 6,012    
Solar energy systems, net 1,992,021 1,484,251    
Total assets [1] 2,738,146 1,932,584    
Current liabilities:        
Accounts payable 104,133 51,166    
Distributions payable to noncontrolling interests and redeemable noncontrolling interests 8,144 6,764    
Accrued expenses and other liabilities 49,146 25,445    
Deferred revenue, current portion 59,726 44,398    
Deferred grants, current portion 13,949 13,754    
Long-term debt, current portion 5,408 2,602    
Total current liabilities 253,167 150,883    
Deferred revenue, net of current portion 559,066 467,726    
Deferred grants, net of current portion 220,784 226,801    
Long term debt, Noncurrent 532,910 236,649    
Total liabilities [1] 1,931,447 1,380,017    
Variable Interest Entities        
Current assets:        
Cash 44,407 29,099    
Restricted cash 757 228    
Accounts receivable, net 12,965 14,351    
Prepaid expenses and other current assets 66 180    
Total current assets 58,195 43,858    
Restricted cash   365    
Solar energy systems, net 1,305,420 942,655    
Total assets 1,363,615 986,878    
Current liabilities:        
Accounts payable 11,025 9,057    
Distributions payable to noncontrolling interests and redeemable noncontrolling interests 8,063 6,426    
Accrued expenses and other liabilities 175 340    
Deferred revenue, current portion 21,344 16,991    
Deferred grants, current portion 7,198 7,225    
Long-term debt, current portion 1,159 1,437    
Total current liabilities 48,964 41,476    
Deferred revenue, net of current portion 353,392 284,801    
Deferred grants, net of current portion 108,528 116,126    
Long term debt, Noncurrent 29,580 31,945    
Total liabilities $ 540,464 $ 474,348    
[1] The Company’s consolidated assets as of December 31, 2015 and 2014 include $1,363,615 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 December 31, 2015 and 2014 were $1,305,420 and $942,655, respectively; cash as of December 31, 2015 and 2014 were $44,407 and $29,099, respectively; restricted cash as of December 31, 2015 and 2014 were $757 and $593, respectively; accounts receivable, net as of December 31, 2015 and 2014 were $12,965 and $14,351; respectively; prepaid expenses and other current assets as of December 31, 2015 and 2014 were $66 and $180, respectively. The Company’s consolidated liabilities as of December 31, 2015 and 2014 include $540,464 and $474,348, respectively, in liabilities of VIEs whose creditors have no recourse to the Company. These liabilities include accounts payable as of December 31, 2015 and 2014 of $11,025 and $9,057, respectively; distributions payable to noncontrolling interests and redeemable noncontrolling interests as of December 31, 2015 and 2014 of $8,063 and $6,426, respectively; accrued expenses and other liabilities as of December 31, 2015 and 2014 of $175 and $340, respectively; deferred revenue as of December 31, 2015 and 2014 of $374,736 and $301,792, respectively; deferred grants as of December 31, 2015 and 2014 of $115,726 and $123,351, respectively; and long-term debt as of December 31, 2015 and 2014 of $30,739 and $33,382, respectively.