XML 29 R16.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Energy Assets | 12 Months Ended
--- | ---
Dec. 31, 2018
Other Assets [Abstract] |
Energy Assets | ENERGY ASSETS Energy assets consist of the following:
| December 31,
| 2018 |  | 2017
Energy assets | $ | 619,708 |  |  | $ | 488,818 |
Less - accumulated depreciation and amortization | (159,756 | ) |  | (132,375 | )
Energy assets, net | $ | 459,952 |  |  | $ | 356,443 |
Included in energy assets are capital lease assets and accumulated depreciation of capital lease assets. Capital lease assets consist of the following:
| December 31,
| 2018 |  | 2017
Capital lease assets | $ | 42,402 |  |  | $ | 38,725 |
Less - accumulated depreciation and amortization | (4,139 | ) |  | (2,049 | )
Capital lease assets, net | $ | 38,263 |  |  | $ | 36,676 |
Depreciation and amortization expense on the above energy assets, net of deferred grant amortization, for the years ended December 31, 2018, 2017 and 2016 was $27,305, $21,648 and $19,377, respectively, and is included in cost of revenues in the accompanying consolidated statements of income (loss). Included in these depreciation and amortization expense totals are depreciation and amortization expense on capital lease assets of $2,090, $1,305 and $570 for the years ended December 31, 2018, 2017 and 2016, respectively. For the years ended December 31, 2018, in order to expand its portfolio of energy assets and in connection with the adoption of ASU 2017-01, the Company acquired numerous energy projects, which did not constitute businesses under the new guidance. The Company acquired and closed on twelve solar projects, and entered into a definitive agreement to purchase six additional solar projects, from two developers for a total purchase price of $72,921. The purchase price included deferred consideration of $5,437 that will be paid upon final completion of the respective projects and throughout 2019. As of December 31, 2018, the Company has paid $62,116 to the developers of the projects. As of December 31, 2018, the Company had $897 in ARO assets recorded in project assets and $897 in ARO liabilities recorded in accrued expenses and other current liabilities and other liabilities. As of December 31, 2017 the Company had immaterial ARO obligations. The Company’s current ARO liabilities relate to the removal of equipment and pipelines at certain renewable gas projects and obligations related to the decommissioning of certain solar facilities.

X
- References No definition available. + Details
Name: | us-gaap_OtherAssetsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for other assets. This disclosure includes other current assets and other noncurrent assets. + References No definition available. + Details
Name: | us-gaap_OtherAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration