v3.25.4
Investments in Unconsolidated Entities (Tables)
 12 Months Ended
Dec. 31, 2025
Equity Method Investments and Joint Ventures [Abstract]  
Investments in Unconsolidated Entities Array's Investments in unconsolidated entities are accounted for using the equity method, measurement alternative method or net asset value practical expedient method as shown in the table below. The carrying value of measurement alternative method investments represents cost minus any impairments plus or minus any observable price changes.
December 31,20252024
(Dollars in thousands)  
Equity method investments:  
Capital contributions, loans, advances and adjustments$103,941 $103,941 
Cumulative share of income3,063,821 2,889,902 
Cumulative share of distributions(2,767,968)(2,553,309)
Total equity method investments399,794 440,534 
Measurement alternative method investments5,362 4,847 
Investments recorded using the net asset value practical expedient7,452 8,557 
Total investments in unconsolidated entities$412,608 $453,938 
The following tables, which are based on unaudited information provided in part by third parties, summarize the combined assets, liabilities and equity, and results of operations of Array’s equity method investments:

December 31,20252024
(Dollars in thousands)  
Assets  
Current$828,494 $1,229,907 
Noncurrent6,396,030 6,513,774 
Total assets$7,224,524 $7,743,681 
Liabilities and Equity
Current liabilities$852,707 $856,005 
Noncurrent liabilities1,562,236 1,628,029 
Partners’ capital and shareholders’ equity4,809,581 5,259,647 
Total liabilities and equity$7,224,524 $7,743,681 
Year Ended December 31,202520242023
(Dollars in thousands)   
Results of Operations   
Revenues$7,748,385 $7,546,383 $7,276,562 
Operating expenses6,138,847 5,926,661 5,682,650 
Operating income1,609,538 1,619,722 1,593,912 
Other income (expense), net(35,022)(2,692)(28,201)
Net income$1,574,516 $1,617,030 $1,565,711