VIE Arrangements (Tables)

12 Months Ended

Dec. 31, 2023

Variable Interest Entity Disclosure [Abstract]

Schedule of Carrying Amounts and Classification of VIE's Asset and Liabilities

The carrying amounts and classification of the VIEs’ assets and liabilities included in the consolidated balance sheets are as follows (in thousands):


	December 31,
	2023		2022
Assets
Current assets
Cash	$	254,522	$	457,005
Restricted cash	48,169		44,514
Accounts receivable, net	76,249		66,847
Inventories	150,065		193,836
Prepaid expenses and other current assets	161,414		12,698
Total current assets	690,419		774,900
Solar energy systems, net	10,469,093		8,968,835
Other assets	379,028		287,771
Total assets	$	11,538,540	$	10,031,506
Liabilities
Current liabilities
Accounts payable	$	12,187	$	36,315
Distributions payable to noncontrolling interests and redeemable noncontrolling interests	35,181		32,051
Accrued expenses and other liabilities	185,766		32,512
Deferred revenue, current portion	54,103		49,037

Non-recourse debt, current portion	270,460		39,894
Total current liabilities	557,697		189,809
Deferred revenue, net of current portion	654,310		572,420

Non-recourse debt, net of current portion	1,189,161		1,449,513
Other liabilities	16,816		15,260
Total liabilities	$	2,417,984	$	2,227,002

- Definition

Tabular disclosure of the significant judgments and assumptions made in determining whether a variable interest (as defined) held by the entity requires the variable interest entity (VIE) (as defined) to be consolidated and (or) disclose information about its involvement with the VIE, individually or in aggregate (as applicable); the nature of restrictions, if any, on the consolidated VIE's assets and on the settlement of its liabilities reported by an entity in its statement of financial position, including the carrying amounts of such assets and liabilities; the nature of, and changes in, the risks associated with involvement in the VIE; how involvement with the VIE affects the entity's financial position, financial performance, and cash flows; the lack of recourse if creditors (or beneficial interest holders) of the consolidated VIE have no recourse to the general credit of the primary beneficiary (if applicable); the terms of arrangements, giving consideration to both explicit arrangements and implicit variable interests, if any, that could require the entity to provide financial support to the VIE, including events or circumstances that could expose the entity to a loss; the methodology used by the entity for determining whether or not it is the primary beneficiary of the variable interest entity; the significant factors considered and judgments made in determining that the power to direct the activities of a VIE that most significantly impact the VIE's economic performance are shared (as defined); the carrying amounts and classification of assets and liabilities of the VIE included in the statement of financial position; the entity's maximum exposure to loss, if any, as a result of its involvement with the VIE, including how the maximum exposure is determined and significant sources of the entity's exposure to the VIE; a comparison of the carrying amounts of the assets and liabilities and the entity's maximum exposure to loss; information about any liquidity arrangements, guarantees, and (or) other commitments by third parties that may affect the fair value or risk of the entity's variable interest in the VIE; whether or not the entity has provided financial support or other support (explicitly or implicitly) to the VIE that it was not previously contractually required to provide or whether the entity intends to provide that support, including the type and amount of the support and the primary reasons for providing the support; and supplemental information the entity determines necessary to provide.

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