Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2024

Accounting Policies [Abstract]

Schedule of reconciliation of cash, cash equivalents, and restricted cash

The following table provides a reconciliation of cash and cash equivalents and restricted cash reflected on the unaudited condensed consolidated balance sheets to the total amounts shown in the unaudited condensed consolidated statements of cash flows for the end of the periods:

	As of
(Amounts in thousands)	March 31, 2024		December 31, 2023
Cash and cash equivalents	$	120,581	$	141,354
Restricted cash	29,087		31,587
Total cash, cash equivalents and restricted cash	$	149,668	$	172,941

Restrictions on cash and cash equivalents

The following table provides a reconciliation of cash and cash equivalents and restricted cash reflected on the unaudited condensed consolidated balance sheets to the total amounts shown in the unaudited condensed consolidated statements of cash flows for the end of the periods:

	As of
(Amounts in thousands)	March 31, 2024		December 31, 2023
Cash and cash equivalents	$	120,581	$	141,354
Restricted cash	29,087		31,587
Total cash, cash equivalents and restricted cash	$	149,668	$	172,941

Changes in financing receivables for accounting standards update

The following table presents the changes in the allowance for credit losses recorded against accounts receivable, net on the unaudited condensed consolidated balance sheets:

	As of
(Amounts in thousands)	March 31, 2024		December 31, 2023
Balance at the beginning of the period	$	1,693	$	12,164
Impact of ASC 326 adoption	—		(1,285)
Write-off of uncollectible accounts	(813)		(11,447)
Provision recognized upon valuation of assets acquired	—		420
Provision for current expected credit losses	517		1,841
Balance at the end of the period	$	1,397	$	1,693

Disaggregation of revenue

The following table presents the detail of the Company’s revenues as reflected within the unaudited condensed consolidated statements of operations for the three months ended March 31, 2024 and 2023:

	Three Months Ended March 31,
(Amounts in thousands)	2024		2023
PPA revenues	$	7,519	$	7,127
SLA revenues	7,291		7,922
Solar renewable energy credit revenues	1,837		1,535
Government incentives	77		24
Servicing revenues	—		113
Intangibles amortization, unfavorable solar renewable energy agreements	746		443
Other revenue	817		931
Total	$	18,287	$	18,095