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Long-term investments (Tables) | 6 Months Ended
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Jun. 30, 2021
Disclosure Long Term Investments And Notes Receivable [Abstract] |
Long-term Investments | Long-term investments consist of the following:
| June 30, 2021 |  | December 31, 2020
Long-term investments carried at fair value |  |  |
Atlantica (a) | $ | 1,822,400 |  |  | $ | 1,706,900 |
Atlantica share subscription agreement (a) | — |  |  | 20,015 |
Atlantica Yield Energy Solutions Canada Inc. | 104,229 |  |  | 110,514 |
Other | 2,499 |  |  | 1,783 |
| $ | 1,929,128 |  |  | $ | 1,839,212 |
Other long-term investments |  |  |
Equity-method investees (b) | $ | 264,251 |  |  | $ | 186,452 |
Development loans receivable from equity-method investees (b) | 7,962 |  |  | 22,912 |
Other (c) | 30,807 |  |  | 5,219 |
| $ | 303,020 |  |  | $ | 214,583 |
Income from Long-term Investments | Income (loss) from long-term investments from the three and six months ended June 30 is as follows:
| Three months ended June 30 |  | Six months ended June 30
| 2021 |  | 2020 |  | 2021 |  | 2020
Fair value gain (loss) on investments carried at fair value |  |  |  |  |  |  |
Atlantica | $ | 28,888 |  |  | $ | 305,606 |  |  | $ | (35,545) |  |  | $ | 120,212 |
Atlantica Yield Energy Solutions Canada Inc. | (1,948) |  |  | 2,897 |  |  | (9,259) |  |  | (1,245) |
Other | 402 |  |  | 1,339 |  |  | 402 |  |  | 117 |
| $ | 27,342 |  |  | $ | 309,842 |  |  | $ | (44,402) |  |  | $ | 119,084 |
Dividend and interest income from investments carried at fair value |  |  |  |  |  |  |
Atlantica | $ | 21,054 |  |  | $ | 18,426 |  |  | $ | 41,618 |  |  | $ | 36,852 |
Atlantica Yield Energy Solutions Canada Inc. | 4,376 |  |  | 4,813 |  |  | 8,721 |  |  | 8,717 |
Other | 315 |  |  | 1,065 |  |  | 315 |  |  | 2,113 |
| $ | 25,745 |  |  | $ | 24,304 |  |  | $ | 50,654 |  |  | $ | 47,682 |
Other long-term investments |  |  |  |  |  |  |
Equity method loss | (2,816) |  |  | (1,326) |  |  | (8,370) |  |  | (2,124) |
Interest and other income | 10,235 |  |  | 1,989 |  |  | 12,117 |  |  | 7,506 |
| $ | 60,506 |  |  | $ | 334,809 |  |  | $ | 9,999 |  |  | $ | 172,148 |
Investments in Partnerships and Joint Ventures | Summarized combined information for AQN's investments in significant partnerships and joint ventures is as follows:
| June 30, 2021 |  | December 31, 2020
Total assets | $ | 1,450,771 |  |  | $ | 3,201,967 |
Total liabilities | 651,814 |  |  | 2,913,188 |
Net assets | $ | 798,957 |  |  | $ | 288,779 |
AQN's ownership interest in the entities | 214,979 |  |  | 141,666 |
Difference between investment carrying amount and underlying equity in net assets(a) | 49,272 |  |  | 44,786 |
AQN's investment carrying amount for the entities | $ | 264,251 |  |  | $ | 186,452 |
(a) The difference between the investment carrying amount and the underlying equity in net assets relates primarily to development fees, interest capitalized while the projects are under construction, the fair value of guarantees provided by the Company in regards to the investments and transaction costs.
Schedule of Variable Interest Entities | Summarized combined information for AQN's VIEs is as follows:
| June 30, 2021 |  | December 31, 2020
AQN's maximum exposure in regards to VIEs |  |  |
Carrying amount | $ | 18,623 |  |  | $ | 174,685 |
Development loans receivable | 7,818 |  |  | 21,804 |
Performance guarantees and other commitments on behalf of VIEs | 106,194 |  |  | 965,291 |
| $ | 132,635 |  |  | $ | 1,161,780 |

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- Definition Tabular disclosure of investment income, including, but not limited to, interest and dividend income and amortization of discount (premium) derived from debt and equity securities. Excludes realized and unrealized gain (loss) on investments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.9) -URI http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04.2) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.7(a),(b)) -URI http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.8) -URI http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227 + Details
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- Definition Tabular disclosure of the significant judgments and assumptions made in determining whether a variable interest (as defined) held by the entity requires the variable interest entity (VIE) (as defined) to be consolidated and (or) disclose information about its involvement with the VIE, individually or in aggregate (as applicable); the nature of restrictions, if any, on the consolidated VIE's assets and on the settlement of its liabilities reported by an entity in its statement of financial position, including the carrying amounts of such assets and liabilities; the nature of, and changes in, the risks associated with involvement in the VIE; how involvement with the VIE affects the entity's financial position, financial performance, and cash flows; the lack of recourse if creditors (or beneficial interest holders) of the consolidated VIE have no recourse to the general credit of the primary beneficiary (if applicable); the terms of arrangements, giving consideration to both explicit arrangements and implicit variable interests, if any, that could require the entity to provide financial support to the VIE, including events or circumstances that could expose the entity to a loss; the methodology used by the entity for determining whether or not it is the primary beneficiary of the variable interest entity; the significant factors considered and judgments made in determining that the power to direct the activities of a VIE that most significantly impact the VIE's economic performance are shared (as defined); the carrying amounts and classification of assets and liabilities of the VIE included in the statement of financial position; the entity's maximum exposure to loss, if any, as a result of its involvement with the VIE, including how the maximum exposure is determined and significant sources of the entity's exposure to the VIE; a comparison of the carrying amounts of the assets and liabilities and the entity's maximum exposure to loss; information about any liquidity arrangements, guarantees, and (or) other commitments by third parties that may affect the fair value or risk of the entity's variable interest in the VIE; whether or not the entity has provided financial support or other support (explicitly or implicitly) to the VIE that it was not previously contractually required to provide or whether the entity intends to provide that support, including the type and amount of the support and the primary reasons for providing the support; and supplemental information the entity determines necessary to provide. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 5A -URI http://asc.fasb.org/extlink&oid=123419778&loc=SL6759159-111685 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=123419778&loc=d3e5747-111685 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=123419778&loc=SL6228884-111685 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=123419778&loc=d3e5710-111685 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=123419778&loc=d3e5728-111685 + Details
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