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Other Assets (Tables)

12 Months Ended

Oct. 31, 2018

Other assets as of October 31, 2018 and 2017 consisted of the following (in thousands):

	2018		2017
Long-term unbilled receivables ⁽¹⁾	$	9,385	$	12,806
Deferred finance costs ⁽²⁾		—		97
Long-term stack residual value ⁽³⁾		1,206		987
Other ⁽⁴⁾		2,914		2,627
Other assets	$	13,505	$	16,517

(1)	Represents unbilled receivables that relate to revenue recognized on customer contracts that will be billed in future periods in excess of twelve months from the balance sheet date.

(2)	Represents the long-term portion of direct deferred finance costs relating to the Company’s loan facility with NRG which is being amortized over the five-year life of the facility.

(3)

Relates to estimated residual value for module exchanges performed under the Company’s service agreements where the useful life extends beyond the contractual term of the service agreement and the Company obtains title for the module from the customer upon expiration or non-renewal of the service agreement. If the Company does not obtain rights to title from the customer, the full cost of the module is expensed at the time of the module exchange.

(4)

The Company entered into an agreement with one of its customers on June 29, 2016 which includes payments for the purchase of the customer’s power plants at the end of the term of the agreement. The amounts are payable in installments over the term of the agreement and the total paid as of October 31, 2018 and 2017 was $2.0 million and $1.6 million, respectively. Also included within “Other” are long-term security deposits.