Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2020

Cash and Cash Equivalents [Abstract]

Schedule of Cash and Cash Equivalents

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

	December 31,
	2020		2019
As Held:
Cash	$	180,808	$	100,773
Money market funds	235,902		276,615
	$	416,710	$	377,388
As Reported:
Cash and cash equivalents	$	246,947	$	202,823
Restricted cash	169,763		174,565
	$	416,710	$	377,388

Restrictions on Cash and Cash Equivalents

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

	December 31,
	2020		2019
As Held:
Cash	$	180,808	$	100,773
Money market funds	235,902		276,615
	$	416,710	$	377,388
As Reported:
Cash and cash equivalents	$	246,947	$	202,823
Restricted cash	169,763		174,565
	$	416,710	$	377,388

Restricted cash consisted of the following (in thousands):

	December 31,
	2020		2019
Current:
Restricted cash	$	26,706	$	28,494
Restricted cash related to PPA Entities1	25,764		2,310
Restricted cash, current	52,470		30,804
Non-current:
Restricted cash	286		10
Restricted cash related to PPA Entities1	117,007		143,751
Restricted cash, non-current	117,293		143,761
	$	169,763	$	174,565

1 We have VIEs that represent a portion of the consolidated balances recorded within the "restricted cash," and other financial statement line items in the consolidated balance sheets (see Note 13 - Portfolio Financings). In addition, the restricted cash held in the PPA II and PPA IIIb entities as of December 31, 2020, include $20.3 million and $0.7 million of current restricted cash, and $88.4 million and $13.3 million of non-current restricted cash, respectively, and these entities are not considered VIEs. The restricted cash held in the PPA II and PPA IIIb entities as of December 31, 2019, included $108.7 million and $20.0 million of non-current restricted cash, respectively.