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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents [1],[2] $ 18,960,000 $ 4,474,000 [3]
Accounts receivable, net of allowance for doubtful accounts of $2.3 million and $1.9 million as of December 31, 2016 and 2015, respectively [2] 112,491,000 59,936,000
Accounts receivable—affiliates [2] 2,624,000 1,840,000
Inventory [2] 3,752,000 3,665,000
Fair value of derivative assets [2] 8,344,000 605,000
Customer acquisition costs, net [2] 18,834,000 13,389,000
Customer relationships, net [2] 12,113,000 6,627,000
Prepaid assets [2],[4] 1,361,000 700,000
Deposits [2] 7,329,000 7,421,000
Other current assets [2] 12,175,000 4,023,000
Total current assets [2] 197,983,000 102,680,000
Property and equipment, net [2] 4,706,000 4,476,000
Fair value of derivative assets [2] 3,083,000 0
Customer acquisition costs, net [2] 6,134,000 3,808,000
Customer relationships, net [2] 21,410,000 6,802,000
Deferred tax assets [2] 55,047,000 23,380,000
Goodwill [2] 79,147,000 18,379,000
Other assets [2] 8,658,000 2,709,000
Total Assets [2] 376,168,000 162,234,000
Current liabilities:    
Accounts payable [2] 52,309,000 29,732,000
Accounts payable—affiliates [2] 3,775,000 1,962,000
Accrued liabilities [2] 36,619,000 12,245,000
Fair value of derivative liabilities [2] 680,000 10,620,000
Current portion of Senior Credit Facility [2] 51,287,000 27,806,000
Current contingent consideration for acquisitions [2] 11,827,000 500,000
Current portion of note payable [2] 15,501,000 0
Convertible subordinated notes to affiliates [2] 6,582,000 0
Other current liabilities [2] 5,476,000 1,323,000
Total current liabilities [2] 184,056,000 84,188,000
Long-term liabilities:    
Fair value of derivative liabilities [2] 68,000 618,000
Payable pursuant to tax receivable agreement—affiliates [2] 49,886,000 20,713,000
Long-term portion of Senior Credit Facility [2] 0 14,592,000
Subordinated debt—affiliate [2] 5,000,000 0
Deferred tax liability [2] 938,000 853,000
Convertible subordinated notes to affiliates [2] 0 6,339,000
Contingent consideration for acquisitions [2] 10,826,000 0
Other long-term liabilities [2] 1,658,000 1,612,000
Total liabilities [2] 252,432,000 128,915,000
Commitments and contingencies [2]
Intangible assets 39,862  
Preferred stock, par value $0.01 per share, 20,000,000 shares authorized, zero issued and outstanding at December 31, 2016 and 2015 [2] 0 0
Additional paid-in capital [2] 25,413,000 12,565,000
Accumulated other comprehensive loss [2] 11,000 0
Retained earnings (deficit) [2] 4,711,000 (1,366,000)
Total stockholders' equity [2] 30,303,000 11,338,000
Non-controlling interest in Spark HoldCo, LLC [2] 93,433,000 21,981,000
Total equity [2] 123,736,000 33,319,000
Total Liabilities and Stockholders' Equity [2] 376,168,000 162,234,000
Common Class A    
Common stock [2] 65,000 31,000
Common Class B    
Common stock [2] $ 103,000 $ 108,000
[1] Financial information has been recast to include results attributable to the acquisition of the Major Energy Companies from an affiliate on August 23, 2016. See Notes 2 and 3 "Basis of Presentation and Summary of Significant Accounting Policies" and "Acquisitions," respectively, for further discussion.
[2] See Note 4 "Equity" for disclosure of our variable interest entity in Spark HoldCo, LLC.
[3] Financial information has been recast to include results attributable to the acquisition of Oasis Power Holdings LLC by an affiliate on May 12, 2015. See Notes 2 "Basis of Presentation and Summary of Significant Accounting Policies" for further discussion.
[4] Prepaid assets includes prepaid assets—affiliates of $0 and $210 as of December 31, 2016 and 2015, respectively. See Note 13 “Transactions with Affiliates" for further discussion.