HA Sustainable Infrastructure Capital, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Securitization of Receivables (Tables)

Securitization of Receivables (Tables)

9 Months Ended

Sep. 30, 2014

Schedule of Fair Values of Retained Assets, Discount Rates Used in Valuing Assets

The fair values of retained assets, including the discount rates used in valuing those assets and the sensitivity to an increase in the discount rates of 5% and 10%, as of September 30, 2014 and December 31, 2013, were as follows:


	September 30, 2014
	Servicing			Residual Assets
	(amounts in thousands)
Amortized cost basis	$	1,046		$	5,015
Fair value	$	1,186		$	5,012
Weighted-average life in years		8			7 to 19
Discount rate		8	%		8 to 10	%
Fair value that would be decreased based on hypothetical adverse changes in discount rates:
5% change in discount rate	$	229		$	1,348
10% change in discount rate	$	372		$	2,104


	December 31, 2013
	Servicing			Residual Assets
	(amounts in thousands)
Amortized cost basis	$	1,281		$	4,750
Fair value	$	1,407		$	4,863
Weighted-average life in years		8			6 to 19
Discount rate		8	%		8% to 10%
Fair value that would be decreased based on hypothetical adverse changes in discount rates:
5% change in discount rate	$	255		$	1,194
10% change in discount rate	$	418		$	1,842

Schedule of Cash Flows between us and Securitization Trusts

The following is an analysis of certain cash flows between us and the securitization trusts:


	For the Nine Months Ended September 30,
	2014		2013
	(amounts in thousands)
Purchase of receivables securitized	$	202,300	$	145,802
Proceeds from securitizations	$	208,831	$	148,572
Servicing fees received	$	487	$	490
Cash received from residual assets	$	817	$	447