Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2016

Schedule of Segment Reporting Information, by Segment

The following table reflects summarized financial information concerning the Company’s reportable segments for the three months ended March 31, 2016 and 2015:



	Three Months Ended March 31, 2016												Three Months Ended March 31, 2015
(In thousands)	Solar			Wind			Corporate			Total			Solar			Wind		Corporate			Total
Operating revenues, net	$	28,739		$	18,947		$	—		$	47,686		$	17,806		$	—	$	—		$	17,806
Depreciation, accretion and amortization	5,872			8,700			—			14,572			2,735			—		—			2,735
Other operating costs and expenses	6,443			7,429			16,549			30,421			1,322			—		7,453			8,775
Interest expense, net	12,260			(1,767		)	23,170			33,663			10,383			—		6,438			16,821
Other non-operating (income) expenses	4,246			1,988			(31,814		)	(25,580		)	(418		)	—		—			(418		)
Income tax expense (benefit)¹	—			—			858			858			—			—		1,118			1,118
Net income (loss)	$	(82	)	$	2,597		$	(8,763	)	$	(6,248	)	$	3,784		$	—	$	(15,009	)	$	(11,225	)

Reconciliation of Assets from Segment to Consolidated

The following table reflects reportable segment assets as of March 31, 2016, and December 31, 2015:



Balance Sheet	As of March 31, 2016								As of December 31, 2015 ³
(In thousands)	Solar		Wind		Corporate		Total		Solar		Wind		Corporate		Total
Total assets²	$	716,536	$	398,393	$	1,519,053	$	2,633,982	$	764,475	$	375,683	$	1,547,008	$	2,687,166


(1)	Income tax benefit is not allocated to the Company’s Solar and Wind segments.


(2)	Corporate assets include cash and cash equivalents, intercompany accounts receivable, other current assets and other assets.

(3)

When power plants are sold to the Company after completion by SunEdison, the Company retroactively recasts its historical financial statements to present the construction activity as if it consolidated the facility at inception of the construction (see Note 2 - Transactions Between Entities Under Common Control). Recasted values are included in the December 31, 2015 asset balances disclosed above.