Investment in Unconsolidated Affiliates (Tables)

6 Months Ended

May 31, 2016

Equity Method Investments And Cost Method Investments [Abstract]

Partnerships Investments Unconsolidated Affiliates

The following table summarizes the activity of the Partnership’s investments in its unconsolidated affiliates during the three and six months ended May 31, 2016:

	Three Months Ended			Six Months Ended
	May 31,			May 31,
Projects	2016			2016
(in thousands)
Balance at the beginning of the period	$	346,197		$	352,070
Equity in earnings in unconsolidated affiliates (1)		5,024			5,429
Distributions from unconsolidated affiliates		(2,633	)		(8,911	)
Balance at the end of the period	$	348,588		$	348,588

(1) The net income (loss) used to determine the Partnership’s equity in earnings of unconsolidated affiliates reflects adjustments pursuant to the equity method of accounting, including the amortization of basis differences resulting from the Partnership’s proportionate share of certain equity method investees’ net assets exceeding their carrying values.  

Summary of Financial Information

The following table presents summarized financial information for SG2 Holdings, LLC (“SG2 Holdings”) and NS Solar Holdings, LLC (“North Star Holdings”), significant investees, as derived from the unaudited condensed consolidated financial statements of SG2 Holdings and North Star Holdings for each of the three and six months ended May 31, 2016 and June 30, 2015:

	Three Months Ended				Six Months Ended
	May 31,		June 30,		May 31,		June 30,
(in thousands)	2016		2015		2016		2015
Summary statements of operations information:
Revenue	$	16,101	$	13,317	$	24,751	$	21,061
Operating expenses		9,844		8,509		20,769		16,359
Net income		6,382		4,932		4,212		4,832