Investment Funds And Other Variable Interest Entities (Tables)

3 Months Ended

Mar. 31, 2020

Organization, Consolidation and Presentation of Financial Statements [Abstract]

A summary of amounts related to the investment funds in the Company’s condensed consolidated balance sheets is as follows:


	March 31,		December 31,
	2020⁽¹⁾		2019⁽¹⁾
Cash and cash equivalents	$	5,789	$	4,666
Restricted cash	586		586
Accounts receivable, net	462		532
Costs and estimated earnings in excess of billings	1,355		1,125
Prepaid expenses and other current assets	80		108
Total VIE current assets	8,272		7,017
Property and equipment, net	1,266		1,266
Energy assets, net	145,410		142,456
Operating lease assets	6,411		6,511
Other assets	1,660		1,662
Total VIE assets	$	163,019	$	158,912
Current portions of long-term debt and financing lease liabilities	$	2,234	$	2,252
Accounts payable	2,670		2,006
Accrued expenses and other current liabilities	1,623		2,203
Current portions of operating lease liabilities	106		102
Total VIE current liabilities	6,633		6,563
Long-term debt and financing lease liabilities, less current portions and net of deferred financing fees	24,214		24,654

Long-term portions of operating lease liabilities	6,173		6,180
Other liabilities	1,004		1,171
Total VIE liabilities	$	38,024	$	38,568

⁽¹⁾The amounts in the above table are reflected in Note 1 on the Company’s condensed consolidated balance sheets. See the Company’s condensed consolidated balance sheets for additional information.

- 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.

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