Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2016

Schedule of Segment Reporting Information, by Segment

The following table reflects summarized financial information concerning the Company’s reportable segments for the three and six months ended June 30, 2016 and 2015:



	Three Months Ended June 30, 2016												Three Months Ended June 30, 2015
(In thousands)	Solar			Wind			Corporate			Total			Solar		Wind		Corporate		Total
Operating revenues, net	$	28,878		$	27,552		$	—		$	56,430		22,017		3,664		—		25,681
Depreciation, accretion and amortization	6,509			6,516			—			13,025			3,738		(402	)	—		3,336
Other operating costs and expenses	4,703			5,899			15,503			26,105			7,990		4,085		12,510		24,586
Interest expense, net	10,372			(281		)	18,884			28,975			12,863		725		14,598		28,186
Other non-operating (income) expenses	14,304			1,053			(34,774		)	(19,417		)	(6,640	)	(440	)	—		(7,080	)
Income tax expense (benefit)	—			—			2,061			2,061			—		—		(668	)	(668	)
Net income (loss)	(7,010		)	14,365			(1,674		)	5,681			4,066		(304	)	(26,440	)	(22,679	)



	Six Months Ended June 30, 2016								Six Months Ended June 30, 2015
(In thousands)	Solar		Wind		Corporate		Total		Solar		Wind		Corporate		Total
Operating revenues, net	57,617		46,499		—		104,116		39,823		3,664		—		43,487
Depreciation, accretion and amortization	12,381		15,216		—		27,597		6,473		(402	)	—		6,071
Other operating costs and expenses	11,273		13,328		31,925		56,526		9,312		4,085		19,963		33,361
Interest expense (income), net	22,634		(2,049	)	42,053		62,638		23,247		725		21,036		45,007
Other non-operating (income) expenses	18,549		3,042		(66,588	)	(44,997	)	(7,058	)	(440	)	—		(7,498	)
Income tax expense	—		—		2,919		2,919		—		—		450		450
Net income (loss)	(7,220	)	16,962		(10,309	)	(567	)	7,849		(304	)	(41,449	)	(33,904	)

Reconciliation of Assets from Segment to Consolidated

The following table reflects reportable segment assets as of June 30, 2016, and December 31, 2015:



Balance Sheet	As of June 30, 2016								As of December 31, 2015 ⁽³⁾
(In thousands)	Solar		Wind		Corporate		Total		Solar		Wind		Corporate		Total
Total assets	$	671,131	$	431,578	$	1,553,076	$	2,655,785	$	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.