Segment Reporting (Tables)

9 Months Ended

Sep. 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 nine months ended September 30, 2016 and 2015:



	Three Months Ended September 30, 2016												Three Months Ended September 30, 2015 ⁽¹⁾
(In thousands)	Solar			Wind			Corporate			Total			Solar		Wind		Corporate		Total
Operating revenues, net	$	27,963		$	27,092		$	—		$	55,055		23,323		6,050		—		29,373
Depreciation, accretion and amortization	6,736			6,638			—			13,374			2,256		4,500		—		6,756
Other operating costs and expenses	3,682			6,629			16,434			26,745			7,000		2,956		19,025		28,981
Interest expense (income), net	9,179			(227		)	24,207			33,159			13,077		1,128		25,375		39,580
Other non-operating (income) expenses	13,961			2,656			(19,106		)	(2,489		)	3,429		1,163		34,620		39,212
Income tax expense (benefit) ⁽²⁾	—			—			2,121			2,121			—		—		(464	)	(464	)
Net income (loss)	(5,595		)	11,396			(23,656		)	(17,855		)	(2,439	)	(3,697	)	(78,556	)	(84,692	)



	Nine Months Ended September 30, 2016								Nine Months Ended September 30, 2015⁽¹⁾
(In thousands)	Solar		Wind		Corporate		Total		Solar		Wind		Corporate		Total
Operating revenues, net	85,580		73,591		—		159,171		61,742		11,118		—		72,860
Depreciation, accretion and amortization	19,117		21,854		—		40,971		8,729		4,098		—		12,827
Other operating costs and expenses	14,955		19,957		48,359		83,271		13,270		6,075		42,997		62,342
Interest expense (income), net	31,813		(2,276	)	66,260		95,797		35,216		1,854		47,517		84,587
Other non-operating (income) expenses	32,510		5,698		(85,694	)	(47,486	)	(3,886	)	723		34,877		31,714
Income tax expense (benefit)⁽²⁾	—		—		5,040		5,040		—		—		(14	)	(14	)
Net income (loss)	(12,815	)	28,358		(33,965	)	(18,422	)	8,413		(1,632	)	(125,377	)	(118,596	)

Reconciliation of Assets from Segment to Consolidated

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



Balance Sheet	September 30, 2016								As of December 31, 2015 ⁽¹⁾
(In thousands)	Solar		Wind		Corporate ⁽³⁾		Total		Solar		Wind		Corporate ⁽³⁾		Total
Total assets	$	671,692	$	443,804	$	1,379,127	$	2,494,623	$	764,475	$	375,683	$	1,547,008	$	2,687,166


(1)	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 2015 balances disclosed in the tables above.


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


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