Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2019

Cash and Cash Equivalents [Abstract]

Schedule of Cash and Cash Equivalents

The carrying value of cash and cash equivalents approximate fair value and are as follows (in thousands):

	December 31,
	2019		2018
As Held:
Cash	$	100,773	$	136,642
Money market funds	276,615		143,843
	$	377,388	$	280,485
As Reported:
Cash and cash equivalents	$	202,823	$	220,728
Restricted cash	174,565		59,757
	$	377,388	$	280,485

Restrictions on Cash and Cash Equivalents

The carrying value of cash and cash equivalents approximate fair value and are as follows (in thousands):

	December 31,
	2019		2018
As Held:
Cash	$	100,773	$	136,642
Money market funds	276,615		143,843
	$	377,388	$	280,485
As Reported:
Cash and cash equivalents	$	202,823	$	220,728
Restricted cash	174,565		59,757
	$	377,388	$	280,485

Restricted cash consisted of the following (in thousands):

	December 31,
	2019		2018
Current:
Restricted cash	$	28,494	$	25,740
Restricted cash related to PPA Entities	2,310		2,917
Restricted cash, current	$	30,804	$	28,657
Non-current:
Restricted cash	$	10	$	3,246
Restricted cash related to PPA Entities 1	143,751		27,854
Restricted cash, non-current	143,761		31,100
	$	174,565	$	59,757

¹ We have variable interest entities which represent a portion of the consolidated balances are recorded within the "restricted cash," and other financial statement line items in the Consolidated Balance Sheets (see Note 13, Power Purchase Agreement Programs). This amount includes $108.7 million and $20.0 million of restricted cash non-current, held in PPA II and PPA IIIb entities, respectively. As of December 31, 2019, such entities are no longer considered variable interest entities.