XML 85 R72.htm IDEA: XBRL DOCUMENT
v3.22.4

Indebtedness - Schedule of Debt (Details) - USD ($) $ in Thousands | 12 Months Ended |
--- | --- | ---
Dec. 31, 2022 | Dec. 31, 2021
Debt Instrument [Line Items] |  |
Total debt, gross | $ 8,453,205 |
Unamortized debt discount | (54,056) |
Total | 8,399,149 | $ 6,502,890
Unused borrowing capacity | 147,200 |
Recourse debt |  |
Debt Instrument [Line Items] |  |
Total debt, gross | 905,158 | 611,066
Unamortized debt discount | (7,118) | (9,382)
Total | 898,040 | 601,684
Unused borrowing capacity | 40,000 |
Recourse debt | Bank Line of Credit |  |
Debt Instrument [Line Items] |  |
Total debt, gross | 505,158 | $ 211,066
Unused borrowing capacity | $ 40,000 |
Weighted average interest rate | 6.01% | 3.40%
Recourse debt | Bank Line of Credit | LIBOR |  |
Debt Instrument [Line Items] |  |
Interest rate during period | 3.25% |
Recourse debt | 0% Convertible Senior Notes |  |
Debt Instrument [Line Items] |  |
Total debt, gross | $ 400,000 | $ 400,000
Unused borrowing capacity | $ 0 |
Weighted average interest rate | 0.00% | 0.00%
Interest rate during period | 0.00% |
Non Recourse Debt |  |
Debt Instrument [Line Items] |  |
Total debt, gross | $ 7,548,047 | $ 5,870,343
Total | 7,501,109 | 5,901,206
Unused borrowing capacity | 107,200 |
Non Recourse Debt | Senior revolving and delayed draw loans |  |
Debt Instrument [Line Items] |  |
Total debt, gross | 1,560,002 | $ 1,301,600
Unused borrowing capacity | $ 85,000 |
Weighted average interest rate | 6.49% | 2.23%
Non Recourse Debt | Senior revolving and delayed draw loans | Minimum | LIBOR |  |
Debt Instrument [Line Items] |  |
Interest rate during period | 2.00% |
Non Recourse Debt | Senior revolving and delayed draw loans | Minimum | SOFR |  |
Debt Instrument [Line Items] |  |
Interest rate during period | 1.88% |
Non Recourse Debt | Senior revolving and delayed draw loans | Maximum | LIBOR |  |
Debt Instrument [Line Items] |  |
Interest rate during period | 3.00% |
Non Recourse Debt | Senior revolving and delayed draw loans | Maximum | SOFR |  |
Debt Instrument [Line Items] |  |
Interest rate during period | 3.10% |
Non Recourse Debt | Senior non-revolving loans |  |
Debt Instrument [Line Items] |  |
Total debt, gross | $ 1,680,444 | $ 921,038
Unused borrowing capacity | $ 0 |
Weighted average interest rate | 6.00% | 3.66%
Non Recourse Debt | Senior non-revolving loans | Minimum |  |
Debt Instrument [Line Items] |  |
Interest rate during period | 4.66% |
Non Recourse Debt | Senior non-revolving loans | Minimum | LIBOR |  |
Debt Instrument [Line Items] |  |
Interest rate during period | 1.75% |
Non Recourse Debt | Senior non-revolving loans | Minimum | SOFR |  |
Debt Instrument [Line Items] |  |
Interest rate during period | 1.85% |
Non Recourse Debt | Senior non-revolving loans | Maximum |  |
Debt Instrument [Line Items] |  |
Interest rate during period | 4.70% |
Non Recourse Debt | Senior non-revolving loans | Maximum | LIBOR |  |
Debt Instrument [Line Items] |  |
Interest rate during period | 2.50% |
Non Recourse Debt | Senior non-revolving loans | Maximum | SOFR |  |
Debt Instrument [Line Items] |  |
Interest rate during period | 1.90% |
Non Recourse Debt | Subordinated delayed draw loans |  |
Debt Instrument [Line Items] |  |
Total debt, gross | $ 333,800 | $ 221,464
Unused borrowing capacity | $ 22,200 |
Weighted average interest rate | 9.58% | 9.06%
Non Recourse Debt | Subordinated delayed draw loans | Minimum | LIBOR |  |
Debt Instrument [Line Items] |  |
Interest rate during period | 8.75% |
Non Recourse Debt | Subordinated delayed draw loans | Minimum | SOFR |  |
Debt Instrument [Line Items] |  |
Interest rate during period | 3.50% |
Non Recourse Debt | Subordinated delayed draw loans | Maximum | LIBOR |  |
Debt Instrument [Line Items] |  |
Interest rate during period | 9.00% |
Non Recourse Debt | Subordinated delayed draw loans | Maximum | SOFR |  |
Debt Instrument [Line Items] |  |
Interest rate during period | 9.10% |
Non Recourse Debt | Subordinated loans |  |
Debt Instrument [Line Items] |  |
Total debt, gross | $ 1,442,336 | $ 959,852
Unused borrowing capacity | $ 0 |
Weighted average interest rate | 8.76% | 8.46%
Non Recourse Debt | Subordinated loans | Minimum |  |
Debt Instrument [Line Items] |  |
Interest rate during period | 7.00% |
Non Recourse Debt | Subordinated loans | Minimum | LIBOR |  |
Debt Instrument [Line Items] |  |
Interest rate during period | 6.75% |
Non Recourse Debt | Subordinated loans | Maximum |  |
Debt Instrument [Line Items] |  |
Interest rate during period | 10.50% |
Non Recourse Debt | Subordinated Loans |  |
Debt Instrument [Line Items] |  |
Total debt, gross | $ 2,531,465 | $ 2,466,389
Total | 131,300 |
Unused borrowing capacity | $ 0 |
Weighted average interest rate | 3.87% | 3.59%
Non Recourse Debt | Subordinated Loans | Minimum |  |
Debt Instrument [Line Items] |  |
Interest rate during period | 2.27% |
Non Recourse Debt | Subordinated Loans | Maximum |  |
Debt Instrument [Line Items] |  |
Interest rate during period | 5.31% |
Recourse and Nonrecourse Debt |  |
Debt Instrument [Line Items] |  |
Unamortized debt discount | $ (46,938) |
Unamortized debt (discount) premium, net |  | $ 30,863

X
- Definition Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (b)(1) -URI https://asc.fasb.org/extlink&oid=123466204&loc=SL6031897-161870 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(16)) -URI https://asc.fasb.org/extlink&oid=126734703&loc=d3e572229-122910 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI https://asc.fasb.org/extlink&oid=126897435&loc=d3e534808-122878 + Details
Name: | us-gaap_DebtInstrumentCarryingAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The average effective interest rate during the reporting period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124435984&loc=d3e28551-108399 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1F -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495355-112611 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateDuringPeriod
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount, after accumulated amortization, of debt discount. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI https://asc.fasb.org/extlink&oid=124435984&loc=d3e28541-108399 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI https://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1D -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495340-112611 + Details
Name: | us-gaap_DebtInstrumentUnamortizedDiscount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount, after accumulated amortization, of debt premium. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI https://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1D -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495340-112611 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI https://asc.fasb.org/extlink&oid=124435984&loc=d3e28541-108399 + Details
Name: | us-gaap_DebtInstrumentUnamortizedPremium
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of unused borrowing capacity under the long-term financing arrangement that is available to the entity as of the balance sheet date. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(b)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Weighted average interest rate of debt outstanding. + References No definition available. + Details
Name: | us-gaap_DebtWeightedAverageInterestRate
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount, excluding unamortized premium (discount) and debt issuance cost, of long-term debt. Excludes lease obligation. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (b)(3) -URI https://asc.fasb.org/extlink&oid=123466204&loc=SL6031897-161870 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69C -URI https://asc.fasb.org/extlink&oid=123466577&loc=SL123495737-112612 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)) -URI https://asc.fasb.org/extlink&oid=126734703&loc=d3e572229-122910 Reference 4: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69B -URI https://asc.fasb.org/extlink&oid=123466577&loc=SL123495735-112612 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI https://asc.fasb.org/extlink&oid=126897435&loc=d3e534808-122878 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1D -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495340-112611 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LongTermDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=run_RecourseDebtMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=run_BankLineOfCreditMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=us-gaap_LondonInterbankOfferedRateLIBORMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=run_ConvertibleSeniorNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=run_NonRecourseDebtMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=run_SeniorRevolvingAndDelayedDrawLoansMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MinimumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=us-gaap_SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=run_SeniorNonRevolvingLoansMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=run_SubordinatedDelayedDrawLoansMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=run_SubordinatedLoansMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=run_SecuritizedLoansMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=run_RecourseAndNonrecourseDebtMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |