Quarterly report pursuant to Section 13 or 15(d)

Investment Funds and Equity Method Investments (Tables)

v3.21.1
Investment Funds and Equity Method Investments (Tables)
3 Months Ended
Mar. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Variable Interest Entities
The table below presents a summary of amounts related to our investment funds, which we determined meet the definition of a variable interest entity (“VIE”) as of:
March 31, December 31,
2021(1)
2020(1)
Cash and cash equivalents $ 5,691  $ 5,828 
Restricted cash 2,438  3,185 
Accounts receivable, net 592  834 
Costs and estimated earnings in excess of billings 1,331  968 
Prepaid expenses and other current assets 90  120 
Total VIE current assets 10,142  10,935 
Property and equipment, net 1,266  1,266 
Energy assets, net 140,881  143,133 
Operating lease assets 6,394  6,439 
Other assets 453  425 
Total VIE assets $ 159,136  $ 162,198 
Current portions of long-term debt and financing lease liabilities $ 2,215  $ 2,230 
Accounts payable 150  311 
Accrued expenses and other current liabilities 466  1,092 
Current portions of operating lease liabilities 130  125 
Total VIE current liabilities 2,961  3,758 
Long-term debt and financing lease liabilities, net of current portion, unamortized discount and debt issuance costs 22,391  22,822 
Long-term operating lease liabilities, net of current portion 6,195  6,220 
Other liabilities 1,067  535 
Total VIE liabilities $ 32,614  $ 33,335 
(1) The amounts in the above table are reflected in Note 1 on our condensed consolidated balance sheets.
See Note 13 for additional information on the call and put options.
Schedule of Equity Method Investments
The following table provides information about our equity method investments in joint ventures:
As of
March 31, 2021 December 31, 2020
Equity method investments $ 1,068  $ 1,189 
Three Months Ended March 31,
March 31, 2021 March 31, 2020
Expense recognized $ 62  $ 53