| Dec'19 | Dec'18 | Dec'17 | ||||
|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES | ||||||
Net loss | ||||||
-133,434 | -68,409 | -90,182 | ||||
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||
Depreciation | ||||||
49,340 | 39,290 | 29,482 | ||||
Impairment and loss on disposals, net | ||||||
-1,800 | -7,600 | -1,800 | ||||
Amortization of deferred financing costs | ||||||
9,822 | 9,074 | 14,568 | ||||
Amortization of debt discount | ||||||
3,018 | 1,083 | 759 | ||||
Amortization of debt discount—affiliates | ||||||
0 | 0 | 9,002 | ||||
Non-cash effect of equity-based compensation plans | ||||||
9,235 | 2,984 | 1,495 | ||||
Non-cash payment-in-kind interest on loan—affiliates | ||||||
2,716 | 5,524 | 3,569 | ||||
Unrealized loss on derivatives | ||||||
-19,237 | -6,100 | -5,944 | ||||
Unrealized Gain (Loss) on Hybrid Instrument, Net | ||||||
-150 | 0 | 0 | ||||
Gain (Loss) on Extinguishment of Debt | ||||||
-10,645 | 0 | 0 | ||||
Other non-cash items | ||||||
-8,442 | -4,818 | -3,080 | ||||
Changes in components of operating assets and liabilities: | ||||||
Accounts receivable | ||||||
9,349 | 4,983 | 841 | ||||
Dealer advances | ||||||
0 | 237 | 10,678 | ||||
Other current assets | ||||||
131,741 | 11,331 | 2,992 | ||||
Other assets | ||||||
40,118 | 8,529 | 4,473 | ||||
Accounts payable | ||||||
5,292 | -996 | -1,220 | ||||
Accrued expenses | ||||||
15,099 | 4,234 | 1,381 | ||||
Other current liabilities | ||||||
8,452 | 4,938 | 5,876 | ||||
Long-term debt—paid-in-kind—affiliates | ||||||
-719 | -3,184 | -17,277 | ||||
Other long-term liabilities | ||||||
1,879 | 489 | 1,760 | ||||
Net cash used in operating activities | ||||||
-170,262 | -11,570 | -48,967 | ||||
CASH FLOWS FROM INVESTING ACTIVITIES | ||||||
Purchases of property and equipment | ||||||
430,822 | 252,618 | 240,578 | ||||
Payments for investments and customer notes receivable | ||||||
159,303 | 108,354 | 52,405 | ||||
Proceeds from customer notes receivable | ||||||
21,604 | 7,715 | 2,816 | ||||
State utility rebates and tax credits | ||||||
668 | 853 | 621 | ||||
Other, net | ||||||
463 | -3,555 | -413 | ||||
Net cash used in investing activities | ||||||
-568,316 | -348,849 | -289,133 | ||||
CASH FLOWS FROM FINANCING ACTIVITIES | ||||||
Proceeds from long-term debt | ||||||
883,360 | 445,586 | 734,494 | ||||
Payments of long-term debt | ||||||
342,540 | 292,091 | 374,550 | ||||
Proceeds of long-term debt from affiliates | ||||||
15,000 | 15,000 | 95,000 | ||||
Payments of long-term debt to affiliates | ||||||
56,236 | 40,000 | 215,840 | ||||
Payments on notes payable | ||||||
4,672 | 0 | 247 | ||||
Payments of deferred financing costs | ||||||
12,110 | 8,598 | 27,627 | ||||
Payments of debt discounts | ||||||
1,084 | 2,465 | 375 | ||||
Proceeds from issuance of common stock, net | ||||||
164,452 | 0 | 23 | ||||
Proceeds from equity component of debt instrument, net | ||||||
13,984 | 0 | 0 | ||||
Proceeds from issuance of convertible preferred stock, net | ||||||
-2,510 | 172,771 | 89,890 | ||||
Contributions from redeemable noncontrolling interests | ||||||
157,149 | 79,017 | 72,223 | ||||
Distributions to redeemable noncontrolling interests | ||||||
7,559 | 2,017 | 294 | ||||
Payments of costs related to redeemable noncontrolling interests | ||||||
5,395 | 1,510 | 2,714 | ||||
Other, net | ||||||
-16 | -6 | -90 | ||||
Net cash provided by financing activities | ||||||
801,823 | 365,687 | 369,893 | ||||
Net increase (decrease) in cash and restricted cash | ||||||
63,245 | 5,268 | 31,793 | ||||
Non-cash investing and financing activities: | ||||||
Change in accounts payable and accrued expenses related to purchases of property and equipment | ||||||
26,952 | 3,191 | 23,156 | ||||
Change in accounts payable and accrued expenses related to payments for investments and customer notes receivable | ||||||
-10,557 | -10,461 | -6,178 | ||||
Non-cash issuance of convertible preferred stock relating to the reduction of debt | ||||||
0 | 0 | 15,190 | ||||
Supplemental cash flow information: | ||||||
Cash paid for interest | ||||||
58,060 | 57,887 | 59,896 | ||||
Cash paid for income taxes | ||||||
0 | 0 | 0 | ||||