Quarterly report pursuant to Section 13 or 15(d)

VIE Arrangements (Tables)

v3.21.1
VIE Arrangements (Tables)
3 Months Ended
Mar. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Carrying Amounts and Classification of the VIEs' Assets and Liabilities Included in the Consolidated Balance Sheets The carrying amounts and classification of the VIEs’ assets and liabilities included in the consolidated balance sheets are as follows (in thousands):
March 31, 2021 December 31, 2020
Assets
Current assets
Cash $ 246,928  $ 219,502 
Restricted cash 45,877  34,559 
Accounts receivable, net 51,552  35,152 
Inventories 40,843  23,306 
Prepaid expenses and other current assets 582  2,629 
Total current assets 385,782  315,148 
Solar energy systems, net 7,038,553  6,748,127 
Other assets 150,514  127,591 
Total assets $ 7,574,849  $ 7,190,866 
Liabilities
Current liabilities
Accounts payable $ 20,124  $ 15,609 
Distributions payable to noncontrolling interests and redeemable noncontrolling interests
27,676  28,577 
Accrued expenses and other liabilities 24,324  24,660 
Deferred revenue, current portion 46,043  44,906 
Deferred grants, current portion 1,005  1,007 
Non-recourse debt, current portion 33,966  31,594 
Total current liabilities 153,138  146,353 
Deferred revenue, net of current portion 506,510  493,161 
Deferred grants, net of current portion 25,589  25,891 
Non-recourse debt, net of current portion 1,308,041  1,160,817 
Other liabilities 24,016  31,745 
Total liabilities $ 2,017,294  $ 1,857,967