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Lease Agreements and Power Purchase Agreements (Tables)
3 Months Ended
Feb. 28, 2017
Leases [Abstract]  
Minimum Future Rental Receipts on Operating Leases

The following table presents the Partnership’s minimum future rental receipts on operating leases (including the lease agreement for the Maryland Solar Project and the residential lease portfolio) placed in service as of February 28, 2017:

 

 

(in thousands)

 

2017 (remaining

nine months)

 

 

2018

 

 

2019

 

 

2020

 

 

2021

 

 

Thereafter

 

 

Total

 

Minimum future rentals on residential

   operating leases placed in service (1)

 

$

2,779

 

 

$

3,723

 

 

$

3,743

 

 

$

3,765

 

 

$

3,787

 

 

$

42,563

 

 

$

60,360

 

Maryland Solar lease

 

 

4,249

 

 

 

5,173

 

 

 

4,912

 

 

 

 

 

 

 

 

 

 

 

 

14,334

 

Total operating leases

 

$

7,028

 

 

$

8,896

 

 

$

8,655

 

 

$

3,765

 

 

$

3,787

 

 

$

42,563

 

 

$

74,694

 

 

(1)

Minimum future rentals on operating leases placed in service do not include contingent rentals that may be received from customers under agreements that include performance-based incentives and executory costs.

Future Maturities of Net Financing Receivables for Sales-type Leases

As of February 28, 2017, future maturities of net financing receivables for sales-type leases are as follows:

 

(in thousands)

 

2017 (remaining

nine months)

 

 

2018

 

 

2019

 

 

2020

 

 

2021

 

 

Thereafter

 

 

Total

 

Scheduled maturities of minimum lease

   payments receivable (1)

 

$

4,196

 

 

$

5,681

 

 

$

5,768

 

 

$

5,860

 

 

$

5,955

 

 

$

71,224

 

 

$

98,684

 

 

(1)

Minimum future rentals on sales-type leases placed in service do not include contingent rentals that may be received from customers under agreements that include performance-based incentives and executory costs.

Schedule of Firm Sales under SREC Sales Agreement

As of February 28, 2017, firm sales under the SREC Sales Agreement are as follows:

 

(in thousands)

 

2017 (remaining

nine months)

 

 

2018

 

 

2019

 

 

2020

 

 

2021

 

 

Thereafter

 

 

Total

 

SREC sales

 

$

586

 

 

$

781

 

 

$

781

 

 

$

781

 

 

$

195

 

 

$

 

 

$

3,124