Debt (Tables)

12 Months Ended

Dec. 31, 2011

Cleco

Cleco’s total indebtedness as of December 31, 2011, and 2010 was as follows.



	AT DECEMBER 31,
(THOUSANDS)	2011			2010
Bonds
Cleco Power’s senior notes, 5.375%, due 2013	$	75,000		$	75,000
Cleco Power’s senior notes, 4.95%, due 2015	50,000			50,000
Cleco Power’s senior notes, 6.65%, due 2018	250,000			250,000
Cleco Power’s senior notes, 6.50%, due 2035	295,000			295,000
Cleco Power’s senior notes, 6.00%, due 2040	250,000			250,000
Cleco Power's senior notes, 5.12%, due 2041	100,000			—
Cleco Power’s pollution control revenue bonds, 5.875%, due 2029, callable after September 1, 2009	61,260			61,260
Cleco Power’s solid waste disposal facility bonds, 4.70%, due 2036, callable after November 1, 2016	60,000			60,000
Cleco Power’s solid waste disposal facility bonds, 5.25%, due 2037, mandatory tender on March 1, 2013	60,000			60,000
Cleco Power's solid waste disposal facility bonds, 6.00%, due 2038,reacquired on October 1, 2011	—			32,000
Cleco Power’s GO Zone bonds, 7.00%, due 2038, reacquired on December 1, 2011	—			100,000
Cleco Katrina/Rita’s storm recovery bonds, 4.41%, due 2020	75,707			87,975
Cleco Katrina/Rita’s storm recovery bonds, 5.61%, due 2023	67,600			67,600
Total bonds	1,344,567			1,388,835
Other long-term debt
Cleco Corporation’s credit facility draws	10,000			15,000
Barge lease obligations, ending December 31, 2013	17,538			19,200
Gross amount of long-term debt	1,372,105			1,423,035
Less: long-term debt due within one year	24,258			12,269
Less: lease obligations due within one year	1,841			1,662
Unamortized premium and discount, net	(8,950		)	(9,395		)
Total long-term debt, net	$	1,337,056		$	1,399,709

The amounts payable under long-term debt agreements for each year through 2016 and thereafter are as follows.



(THOUSANDS)
Amounts payable under long-term debt agreements
2012	$	24,258
2013	$	88,969
2014	$	14,876
2015	$	65,824
2016	$	26,815
Thereafter	$	1,133,825

The amounts payable under the capital lease agreements for each year through 2016 and thereafter are as follows.



(THOUSANDS)
Amounts payable under capital lease agreements
2012	$	1,841
2013	$	2,017
2014	$	2,221
2015	$	2,446
2016	$	2,703
Thereafter	$	6,310

Cleco Power [Member]

Cleco Power

Cleco Power’s total indebtedness as of December 31, 2011, and 2010, was as follows.



	AT DECEMBER 31,
(THOUSANDS)	2011			2010
Bonds
Senior notes, 5.375%, due 2013	$	75,000		$	75,000
Senior notes, 4.95%, due 2015	50,000			50,000
Senior notes, 6.65%, due 2018	250,000			250,000
Senior notes, 6.50%, due 2035	295,000			295,000
Senior notes, 6.00%, due 2040	250,000			250,000
Senior notes, 5.12%, due 2041	100,000			—
Pollution control revenue bonds, 5.875%, due 2029, callable after September 1, 2009	61,260			61,260
Solid waste disposal facility bonds, 4.70%, due 2036,callable after November 1, 2016	60,000			60,000
Solid waste disposal facility bonds, 5.25%, due 2037, mandatory tender on March 1, 2013	60,000			60,000
Solid waste disposal facility bonds, 6.00%, due 2038, reacquired on October 1, 2011	—			32,000
GO Zone bonds, 7.00%, due 2038, reacquired on December 1, 2011	—			100,000
Cleco Katrina/Rita’s storm recovery bonds, 4.41%, due 2020	75,707			87,975
Cleco Katrina/Rita’s storm recovery bonds, 5.61%, due 2023	67,600			67,600
Total bonds	1,344,567			1,388,835
Other long-term debt
Barge lease obligations, ending December 31, 2013	17,538			19,200
Gross amount of long-term debt	1,362,105			1,408,035
Less: long-term debt due within one year	24,258			12,269
Less: lease obligations due within one year	1,841			1,662
Unamortized premium and discount, net	(8,950		)	(9,395		)
Total long-term debt, net	$	1,327,056		$	1,384,709

The amounts payable under long-term debt agreements for each year through 2016 and thereafter are as follows.



(THOUSANDS)
Amounts payable under long-term debt agreements
2012	$	24,258
2013	$	88,969
2014	$	14,876
2015	$	65,824
2016	$	16,815
Thereafter	$	1,133,825

The amounts payable under the capital lease agreements for each year through 2016 and thereafter are as follows.



(THOUSANDS)
Amounts payable under capital lease agreements
2012	$	1,841
2013	$	2,017
2014	$	2,221
2015	$	2,446
2016	$	2,703
Thereafter	$	6,310