XML 74 R51.htm IDEA: XBRL DOCUMENT v3.20.4
Restricted Cash (Tables)
 12 Months Ended
Oct. 31, 2020
Restricted Cash And Investments [Abstract]  
Summary of Allocation of Restricted Cash The allocation of restricted cash is as follows (in thousands):

 

 

October 31,

 

 

October 31,

 

 

 

2020

 

 

2019

 

Cash Restricted for Outstanding Letters of Credit (1)

 

$

6,543

 

 

$

5,733

 

Cash Restricted for PNC Sale-Leaseback Transactions

 

 

15,125

 

 

 

17,934

 

Cash Restricted for Crestmark Sale-Leaseback Transaction

 

 

431

 

 

 

—

 

Bridgeport Fuel Cell Park Project Debt Service and Performance Reserves

 

 

7,549

 

 

 

4,946

 

Orion Facility - Performance Reserve (2)

 

 

5,000

 

 

 

—

 

Orion Facility - Module and Debt Service Reserves (3)

 

 

1,950

 

 

 

—

 

Orion Facility - Project Proceeds Account (4)

 

 

4,243

 

 

 

—

 

Other

 

 

1,344

 

 

 

1,731

 

Total Restricted Cash

 

 

42,185

 

 

 

30,344

 

Restricted Cash and Cash Equivalents - Short-Term (5)

 

 

(9,233

)

 

 

(3,473

)

Restricted Cash and Cash Equivalents - Long-Term

 

$

32,952

 

 

$

26,871

 

 

(1)

Letters of credit outstanding as of October 31, 2020 expire on various dates through August 2028.

(2)

Short-term reserve related to certain project construction and financing milestones.

(3)

Long-term reserve primarily to fund future module replacements for operating projects which fall under the collateral pool (CCSU and Triangle Street) under the Orion Facility.

(4)

Reserve related to proceeds received from project refinancing to be used to pay-down the Orion Facility unless redeployed into other project financing (at the option of the Orion Agent and the lenders under the Orion Facility).

(5)

Short-term restricted cash and cash equivalents are amounts expected to be released and categorized as unrestricted cash within twelve months of the balance sheet date.