Annual report pursuant to Section 13 and 15(d)

Energy Assets

v3.8.0.1
Energy Assets
 12 Months Ended
Dec. 31, 2017
Other Assets [Abstract]  
Energy Assets
ENERGY ASSETS
Energy assets consist of the following: 
 
December 31,
 
2017
 
2016
Energy assets
$
488,818

 
$
431,361

Less - accumulated depreciation and amortization
(132,375
)
 
(111,603
)
Energy assets, net
$
356,443

 
$
319,758


 
Included in energy assets are capital lease assets and accumulated depreciation of capital lease assets. Capital lease assets consist of the following: 
 
December 31,
 
2017
 
2016
Capital lease assets
$
38,725

 
$
15,640

Less - accumulated depreciation and amortization
(2,049
)
 
(744
)
Capital lease assets, net
$
36,676

 
$
14,896


 
Depreciation and amortization expense on the above energy assets, net of deferred grant amortization, for the years ended December 31, 2017, 2016 and 2015 was $21,648, $19,377 and $16,911, respectively, and is included in cost of revenues in the accompanying consolidated statements of income (loss). Included in these depreciation and amortization expense totals are depreciation and amortization expense on capital lease assets of $1,305, $570 and $174, respectively, for the years ended December 31, 2017, 2016 and 2015.