Equity Method Investments |
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Equity Method Investments and Joint Ventures [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Equity Method Investments |
13. Equity Method Investments We have noncontrolling unconsolidated equity investments in entities that own minority interests in renewable energy projects. During the years ended December 31, 2016 and 2015, we recognized income of $6.1 million and a loss of $0.1 million, respectively, from our equity method investments. We did not have any income or loss from our equity method investments in 2014. We describe our accounting for the noncontrolling equity investments in Note 2.
The following is a summary of the consolidated financial position and results of operations of the significant holding companies, accounted for using the equity method:
Because we have elected to record our equity method investments one quarter in arrears, the last calendar quarter presented above is reflected in our financial statements in the following year. |
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- References No definition available.
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- Definition The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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