Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Unaudited) (Parenthetical)

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Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Allowance for doubtful accounts $ 2,369 $ 1,665
Preferred stock, par value (in dollars per share) $ 0.0001 $ 0.0001
Preferred stock, shares authorized 200,000,000 200,000,000
Preferred stock, shares issued 0 0
Preferred stock, shares outstanding 0 0
Common stock, par value (in dollars per share) $ 0.0001 $ 0.0001
Common stock, shares authorized 2,000,000,000 2,000,000,000
Common stock, shares issued 111,652,000 107,350,000
Common stock, shares outstanding 111,652,000 107,350,000
Total assets [1] $ 4,533,199 $ 3,963,136
Solar energy systems, net 3,618,125 3,161,570
Cash 242,936 202,525
Restricted cash 32,049 39,265
Accounts receivable, net 65,354 60,359
Prepaid expenses and other current assets 9,699 9,202
Other assets 336,705 246,464
Total liabilities [1] 3,131,714 2,598,819
Accounts payable 136,064 115,193
Distributions payable to noncontrolling interests and redeemable noncontrolling interests 15,387 13,583
Accrued expenses and other liabilities 85,897 97,230
Deferred revenue 586,434 564,852
Non-recourse debt 1,564,598 1,294,945
Other liabilities 37,717 42,743
Variable Interest Entities    
Total assets 2,783,397 2,568,378
Solar energy systems, net 2,587,296 2,385,329
Cash 106,492 118,352
Restricted cash 4,944 2,699
Accounts receivable, net 19,123 18,786
Prepaid expenses and other current assets 387 917
Other assets 65,155 42,295
Total liabilities 652,906 677,955
Accounts payable 8,442 15,929
Distributions payable to noncontrolling interests and redeemable noncontrolling interests 15,337 13,526
Accrued expenses and other liabilities 6,568 5,200
Deferred revenue 388,970 409,761
Deferred grants 29,505 30,406
Non-recourse debt 195,294 201,285
Other liabilities $ 8,790 $ 1,848
[1] The Company’s consolidated assets as of September 30, 2018 and December 31, 2017 include $2,783,397 and $2,568,378, respectively, in assets of variable interest entities (“VIEs”) that can only be used to settle obligations of the VIEs. These assets include solar energy systems, net, as of September 30, 2018 and December 31, 2017 of $2,587,296 and $2,385,329, respectively; cash as of September 30, 2018 and December 31, 2017 of $106,492 and $118,352, respectively; restricted cash as of September 30, 2018 and December 31, 2017 of $4,944 and $2,699, respectively; accounts receivable, net as of September 30, 2018 and December 31, 2017 of $19,123 and $18,786, respectively; prepaid expenses and other current assets as of September 30, 2018 and December 31, 2017 of $387 and $917, respectively; and other assets as of September 30, 2018 and December 31, 2017 of $65,155 and $42,295, respectively. The Company’s consolidated liabilities as of September 30, 2018 and December 31, 2017 include $652,906 and $677,955, respectively, in liabilities of VIEs whose creditors have no recourse to the Company. These liabilities include accounts payable as of September 30, 2018 and December 31, 2017 of $8,442 and $15,929, respectively; distributions payable to noncontrolling interests and redeemable noncontrolling interests as of September 30, 2018 and December 31, 2017 of $15,337 and $13,526, respectively; accrued expenses and other current liabilities as of September 30, 2018 and December 31, 2017 of $6,568 and $5,200, respectively; deferred revenue as of September 30, 2018 and December 31, 2017 of $388,970 and $409,761, respectively; deferred grants as of September 30, 2018 and December 31, 2017 of $29,505 and $30,406, respectively; non-recourse debt as of September 30, 2018 and December 31, 2017 of $195,294 and $201,285, respectively; and other liabilities as of September 30, 2018 and December 31, 2017 of $8,790 and $1,848, respectively.