|
Equity method investments (Tables)
|
12 Months Ended |
|
Dec. 31, 2012
|
| Equity method investments |
|
| Schedule of equity method investments |
|
|
|
|
|
|
|
|
|
|
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|
Carrying value as of
December 31, |
|
|
|
Percentage of
Ownership as of
December 31, 2012 |
|
|
Entity name |
|
2012 |
|
2011 |
|
|
Fredrickson |
|
|
50.0 |
% |
|
167,723 |
|
|
166,837 |
|
|
Orlando Cogen, LP |
|
|
50.0 |
% |
|
19,930 |
|
|
25,955 |
|
|
Onondaga Rewables |
|
|
50.0 |
% |
|
167 |
|
|
291 |
|
|
Rockland Wind Farm |
|
|
50.0 |
% |
|
— |
(1) |
|
12,500 |
|
|
Koma Kulshan Associates |
|
|
49.8 |
% |
|
6,393 |
|
|
5,856 |
|
|
Chambers Cogen, LP |
|
|
40.0 |
% |
|
154,300 |
|
|
143,797 |
|
|
Delta-Person, LP |
|
|
40.0 |
% |
|
— |
|
|
— |
|
|
Idaho Wind Partners 1, LLC |
|
|
27.6 |
% |
|
34,703 |
|
|
36,143 |
|
|
Selkirk Cogen Partners, LP |
|
|
18.5 |
% |
|
33,700 |
|
|
47,357 |
|
|
Gregory Power Partners, LP |
|
|
17.1 |
% |
|
2,796 |
|
|
3,520 |
|
|
Goshen North |
|
|
12.5 |
% |
|
8,978 |
|
|
— |
|
|
Badger Creek Limited |
|
|
— |
|
|
— |
|
|
6,477 |
|
|
PERH |
|
|
— |
|
|
— |
|
|
25,609 |
|
|
Other |
|
|
— |
|
|
— |
|
|
9 |
|
| |
|
|
|
|
|
|
|
|
|
Total |
|
|
|
|
$ |
428,690 |
|
$ |
474,351 |
|
| |
|
|
|
|
|
|
|
|
- (1)
- On December 31, 2012 we increased our ownership in Rockland from 30% to 50% and consolidated the project as of that date.
|
| Equity (deficit) in earnings (loss) of equity method investments |
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, |
|
|
Entity name |
|
2012 |
|
2011 |
|
2010 |
|
|
Chambers Cogen, LP |
|
$ |
17,082 |
|
$ |
7,739 |
|
$ |
13,144 |
|
|
Orlando Cogen, LP |
|
|
3,200 |
|
|
863 |
|
|
2,031 |
|
|
Gregory Power Partners, LP |
|
|
(725 |
) |
|
524 |
|
|
2,162 |
|
|
Koma Kulshan Associates |
|
|
537 |
|
|
483 |
|
|
452 |
|
|
Frederickson Power L.P. |
|
|
886 |
|
|
444 |
|
|
— |
|
|
Onondaga Rewables, LLC |
|
|
(433 |
) |
|
(1,761 |
) |
|
(320 |
) |
|
Idaho Wind Partners 1, LLC |
|
|
(193 |
) |
|
(1,563 |
) |
|
(126 |
) |
|
Selkirk Cogen Partners, LP |
|
|
7,640 |
|
|
(406 |
) |
|
(3,454 |
) |
|
Badger Creek Limited |
|
|
(2,778 |
) |
|
(4 |
) |
|
749 |
|
|
Rockland Wind Farm |
|
|
(7,997 |
) |
|
— |
|
|
— |
|
|
PERH |
|
|
(1,963 |
) |
|
38 |
|
|
— |
|
|
Other |
|
|
(10 |
) |
|
(1 |
) |
|
(861 |
) |
| |
|
|
|
|
|
|
|
|
Total |
|
|
15,246 |
|
|
6,356 |
|
|
13,777 |
|
|
Distributions from equity method investments |
|
|
(38,347 |
) |
|
(21,889 |
) |
|
(16,843 |
) |
| |
|
|
|
|
|
|
|
|
Deficit in earnings (loss) of equity method investments, net of distributions |
|
$ |
(23,101 |
) |
$ |
(15,533 |
) |
$ |
(3,066 |
) |
|
| Summarized balance sheet information |
|
|
|
|
|
|
|
|
|
|
|
|
|
2012 |
|
2011 |
|
2010 |
|
|
Assets |
|
|
|
|
|
|
|
|
|
|
|
Current assets |
|
|
|
|
|
|
|
|
|
|
|
Chambers |
|
$ |
16,143 |
|
$ |
9,937 |
|
$ |
11,391 |
|
|
Orlando |
|
|
6,997 |
|
|
6,892 |
|
|
6,965 |
|
|
Gregory |
|
|
3,238 |
|
|
3,933 |
|
|
3,063 |
|
|
Selkirk |
|
|
12,854 |
|
|
15,852 |
|
|
11,782 |
|
|
Badger Creek |
|
|
— |
|
|
766 |
|
|
2,714 |
|
|
Other |
|
|
21,823 |
|
|
10,671 |
|
|
7,563 |
|
|
Non-current assets |
|
|
|
|
|
|
|
|
|
|
|
Chambers |
|
|
235,151 |
|
|
245,842 |
|
|
253,388 |
|
|
Orlando |
|
|
18,104 |
|
|
23,805 |
|
|
29,419 |
|
|
Gregory |
|
|
14,636 |
|
|
16,092 |
|
|
19,490 |
|
|
Selkirk |
|
|
25,958 |
|
|
47,737 |
|
|
65,036 |
|
|
Badger Creek |
|
|
— |
|
|
6,011 |
|
|
6,645 |
|
|
Other |
|
|
289,581 |
|
|
313,142 |
|
|
128,763 |
|
| |
|
|
|
|
|
|
|
|
|
|
$ |
644,485 |
|
$ |
700,680 |
|
$ |
546,219 |
|
| |
|
|
|
|
|
|
|
|
Liabilities |
|
|
|
|
|
|
|
|
|
|
|
Current liabilities |
|
|
|
|
|
|
|
|
|
|
|
Chambers |
|
$ |
15,188 |
|
$ |
16,016 |
|
|
15,914 |
|
|
Orlando |
|
|
5,171 |
|
|
4,742 |
|
|
4,841 |
|
|
Gregory |
|
|
4,023 |
|
|
3,132 |
|
|
3,421 |
|
|
Selkirk |
|
|
4,837 |
|
|
14,743 |
|
|
17,371 |
|
|
Badger Creek |
|
|
— |
|
|
300 |
|
|
1,520 |
|
|
Other |
|
|
7,163 |
|
|
10,980 |
|
|
76,910 |
|
|
Non-current liabilities |
|
|
|
|
|
|
|
|
|
|
|
Chambers |
|
|
81,806 |
|
|
95,966 |
|
|
109,010 |
|
|
Orlando |
|
|
— |
|
|
— |
|
|
— |
|
|
Gregory |
|
|
11,055 |
|
|
13,373 |
|
|
15,470 |
|
|
Selkirk |
|
|
275 |
|
|
1,489 |
|
|
5,872 |
|
|
Badger Creek |
|
|
— |
|
|
— |
|
|
— |
|
|
Other |
|
|
86,277 |
|
|
65,588 |
|
|
1,085 |
|
| |
|
|
|
|
|
|
|
|
|
|
$ |
215,795 |
|
$ |
226,329 |
|
$ |
251,414 |
|
| |
|
|
|
|
|
|
|
|
| Summarized operating results information |
|
|
|
|
|
|
|
|
|
|
|
|
Operating results |
|
2012 |
|
2011 |
|
2010 |
|
|
Revenue |
|
|
|
|
|
|
|
|
|
|
|
Chambers |
|
$ |
58,077 |
|
$ |
49,336 |
|
$ |
55,469 |
|
|
Orlando |
|
|
43,272 |
|
|
40,345 |
|
|
42,062 |
|
|
Gregory |
|
|
20,986 |
|
|
28,474 |
|
|
31,291 |
|
|
Selkirk |
|
|
48,660 |
|
|
54,613 |
|
|
51,915 |
|
|
Badger Creek |
|
|
3,357 |
|
|
6,546 |
|
|
13,485 |
|
|
Other |
|
|
42,099 |
|
|
16,499 |
|
|
3,501 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
216,451 |
|
|
195,813 |
|
|
197,723 |
|
|
Project expenses |
|
|
|
|
|
|
|
|
|
|
|
Chambers |
|
|
39,094 |
|
|
39,358 |
|
|
38,377 |
|
|
Orlando |
|
|
39,989 |
|
|
39,414 |
|
|
39,898 |
|
|
Gregory |
|
|
21,394 |
|
|
27,440 |
|
|
27,324 |
|
|
Selkirk |
|
|
42,383 |
|
|
49,595 |
|
|
48,496 |
|
|
Badger Creek |
|
|
2,971 |
|
|
6,526 |
|
|
11,723 |
|
|
Other |
|
|
28,316 |
|
|
12,126 |
|
|
2,049 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
174,147 |
|
|
174,459 |
|
|
167,867 |
|
|
Project other income (expense) |
|
|
|
|
|
|
|
|
|
|
|
Chambers |
|
|
(1,901 |
) |
|
(2,239 |
) |
|
(3,948 |
) |
|
Orlando |
|
|
(83 |
) |
|
(68 |
) |
|
(133 |
) |
|
Gregory |
|
|
(317 |
) |
|
(510 |
) |
|
(1,805 |
) |
|
Selkirk |
|
|
1,363 |
|
|
(5,424 |
) |
|
(6,873 |
) |
|
Badger Creek |
|
|
(3,164 |
) |
|
(24 |
) |
|
(1,013 |
) |
|
Other |
|
|
(22,956 |
) |
|
(6,733 |
) |
|
(2,307 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
(27,058 |
) |
|
(14,998 |
) |
|
(16,079 |
) |
|
Project income (loss) |
|
|
|
|
|
|
|
|
|
|
|
Chambers |
|
$ |
17,082 |
|
$ |
7,739 |
|
$ |
13,144 |
|
|
Orlando |
|
|
3,200 |
|
|
863 |
|
|
2,031 |
|
|
Gregory |
|
|
(725 |
) |
|
524 |
|
|
2,162 |
|
|
Selkirk |
|
|
7,640 |
|
|
(406 |
) |
|
(3,454 |
) |
|
Badger Creek |
|
|
(2,778 |
) |
|
(4 |
) |
|
749 |
|
|
Other |
|
|
(9,173 |
) |
|
(2,360 |
) |
|
(855 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
15,246 |
|
|
6,356 |
|
|
13,777 |
|
| |
|
|
|
|
|
|
|
|