Segment Information

9 Months Ended

Aug. 31, 2016

Segment Reporting [Abstract]

Segment Information

Note 14. Segment Information

The Partnership manages its Portfolio as one segment that operates a portfolio of solar energy generation systems. It operates as a single reportable segment based on the “management” approach.

All operating revenues for the three and nine months ended August 31, 2016 and three and eight months ended August 31, 2015 were from customers located in the United States and over 90% of the Partnership’s total revenue for all periods was comprised of lease revenue. Operating revenues from one customer, First Solar, as lessee of the Maryland Solar Project, accounted for less than 10% of total operating revenues for the three and nine months ended August 31, 2016, compared to 32% and 15% in the three and eight months ended August 31, 2015, respectively. Long-lived assets consisting of property and equipment, net, were located in the United States.