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SEC Filings
10-K
TERRAFORM POWER, INC. filed this Form 10-K on 07/21/2017
Entire Document
 

22. OTHER COMPREHENSIVE INCOME (LOSS)

The following table presents the changes in each component of accumulated other comprehensive (loss) income, net of tax, for the years ended December 31, 2016, 2015 and 2014:
(In thousands)
 
Foreign Currency Translation Adjustments
 
Hedging Activities
 
Accumulated Other Comprehensive (Loss) Income
Balance as of December 31, 2013
 
$

 
$

 
$

Net unrealized loss arising during the period
 
(3,541
)
 
(1,925
)
 
(5,466
)
Reclassification of net realized loss into earnings:
 


 


 
 
Interest expense, net
 

 

 

Other comprehensive loss
 
(3,541
)
 
(1,925
)
 
(5,466
)
Accumulated other comprehensive loss
 
(3,541
)
 
(1,925
)
 
(5,466
)
Less: Other comprehensive loss attributable to non-controlling interests
 
(2,392
)
 
(1,437
)
 
(3,829
)
Balance as of December 31, 2014
 
$
(1,149
)
 
$
(488
)
 
$
(1,637
)
Net unrealized (loss) gain arising during the period
 
(18,446
)
 
26,913

 
8,467

Reclassification of net realized loss into earnings:
 
 
 
 
 
 
Interest expense, net
 

 
4,663

 
4,663

Other comprehensive (loss) income
 
(18,446
)
 
31,576

 
13,130

Accumulated other comprehensive (loss) income
 
(19,595
)
 
31,088

 
11,493

Less: Other comprehensive loss attributable to non-controlling interests
 
(7,862
)
 
(3,545
)
 
(11,407
)
Balance as of December 31, 2015
 
$
(11,733
)
 
$
34,633

 
$
22,900

Net unrealized loss arising during the period
 
(15,039
)
 
(86
)
 
(15,125
)
Reclassification of net realized loss (gain) into earnings:
 
 
 
 
 
 
Interest expense, net1
 

 
28,539

 
28,539

Operating revenues, net
 

 
(12,572
)
 
(12,572
)
Other comprehensive (loss) income
 
(15,039
)

15,881


842

Accumulated other comprehensive (loss) income
 
(26,772
)
 
50,514

 
23,742

Less: Other comprehensive (loss) income attributable to non-controlling interests
 
(4,639
)
 
5,469

 
830

Balance as of December 31, 2016
 
$
(22,133
)
 
$
45,045

 
$
22,912

———
(1)
Includes $16.9 million loss reclassification that occurred subsequent to the Company's discontinuation of hedge accounting for interest rate swaps within the U.K. Portfolio as discussed in Note 13. Derivatives.



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