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Restricted Cash | 3 Months Ended
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Jan. 31, 2021
Restricted Cash And Investments [Abstract] |
Restricted Cash | Note 15. Restricted Cash As of January 31, 2021 and October 31, 2020, there was $31.0 million and $42.2 million, respectively, of restricted cash and cash equivalents pledged as performance security, reserved for future debt service requirements, reserved for letters of credit for certain banking requirements and contracts, and reserved to pay down the Orion Facility or be redeployed into other project financing at the option of the Orion Agent and the lenders under the Orion Facility. Refer to Note 16. “Debt” for additional information on the release of the restricted cash under the Orion Facility. The allocation of restricted cash is as follows (in thousands):
|  | January 31, |  |  | October 31, |
|  | 2021 |  |  | 2020 |
Cash Restricted for Outstanding Letters of Credit (1) |  | $ | 6,478 |  |  | $ | 6,543 |
Cash Restricted for PNC Sale-Leaseback Transactions |  |  | 13,031 |  |  |  | 15,125 |
Cash Restricted for Crestmark Sale-Leaseback Transaction |  |  | 431 |  |  |  | 431 |
Bridgeport Fuel Cell Park Project Debt Service and Performance Reserves |  |  | 10,457 |  |  |  | 7,549 |
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 |  |  | 627 |  |  |  | 1,344 |
Total Restricted Cash |  |  | 31,024 |  |  |  | 42,185 |
Restricted Cash and Cash Equivalents - Short-Term (5) |  |  | (12,252 | ) |  |  | (9,233 | )
Restricted Cash and Cash Equivalents - Long-Term |  | $ | 18,772 |  |  | $ | 32,952 |
(1) | Letters of credit outstanding as of January 31, 2021 expire on various dates through August 2028.
(2) | Short-term reserve related to certain project construction and financing milestones.
(3) | Long-term reserve to be used primarily to fund future module replacements for operating projects falling 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.

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