Hannon Armstrong Sustainable Infrastructure Capital, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Equity Method Investments

Equity Method Investments

12 Months Ended

Dec. 31, 2016

Equity Method Investments and Joint Ventures [Abstract]

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:


	As of September 30, 2016			As of December 31, 2015
	(in millions, unaudited)
Current Assets	$	62		$	72
Total Assets	$	1,716		$	1,724
Current Liabilities	$	25		$	18
Total Liabilities	$	110		$	68
Members’ Equity	$	1,606		$	1,656

	For the nine months ended September 30, 2016			For the year ended December 31, 2015		For the year ended December 31, 2014
Revenue	$	121		$	152	$	154
Income from Continuing Operations	$	(3	)	$	24		44
Net Income	$	(3	)	$	24		44

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.