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Litigation, Other Commitments and Contingencies, and Disclosures about Guarantees (Tables)

12 Months Ended

Dec. 31, 2011

Litigation, Other Commitments and Contingencies, and Disclosures about Guarantees [Abstract]

Cleco’s off-balance sheet commitments as of December 31, 2011, are summarized in the following table, and a discussion of the off-balance sheet commitments follows the table. The discussion should be read in conjunction with the table to understand the impact of the off-balance sheet commitments on Cleco’s financial condition.



			AT DECEMBER 31, 2011
(THOUSANDS)	FACE AMOUNT		REDUCTIONS		NET AMOUNT
Cleco Corporation
Guarantee issued to Entergy Mississippi on behalf of Attala	$	500	$	—	$	500
Cleco Power
Obligations under standby letter of credit issued to the Louisiana Department of Labor	3,725		—		3,725
Total	$	4,225	$	—	$	4,225

Expected Termination Dates of Off-Balance Sheet Commitments and On-Balance Sheet Guarantees

The following table summarizes the expected termination dates of the off-balance sheet commitments and on-balance sheet guarantees discussed above:



							AT DECEMBER 31, 2011
			AMOUNT OF COMMITMENT EXPIRATION PER PERIOD
(THOUSANDS)	NET AMOUNT COMMITTED		LESS THAN ONE YEAR		1-3 YEARS		3-5 YEARS		MORE THAN 5 YEARS
Off-balance sheet commitments	$	4,225	$	3,725	$	—	$	—	$	500
On-balance sheet guarantees	33,363		—		29,357		—		4,006
Total	$	37,588	$	3,725	$	29,357	$	—	$	4,506

Long-Term Purchase Obligations

The aggregate amount of payments required under such obligations at December 31, 2011, is as follows.



YEAR ENDING DECEMBER 31,	(THOUSANDS)
2012	$	85,057
2013	70,240
2014	47,670
2015	21,300
2016	21,639
Total long-term purchase obligations	$	245,906

Future Equity Contributions

The following table reflects remaining future equity contributions.



(THOUSANDS)	CONTRIBUTION
2012	$	76,629
2013	36,225
2014	22,927
2015	21,904
2016	7,584
Thereafter	13,224
Total	$	178,493

Equity Investments with an Imputed Interest Rate

The following table contains the disclosures required by the authoritative guidelines for equity investments with an imputed interest rate.



(THOUSANDS)
Equity contributions, imputed interest rate 6%
Principal payment schedule above:	$	178,493
Less: unamortized discount	19,579
Total	$	158,914

Capital Leases by Major Classes

The following is an analysis of the leased property under capital leases by major classes:



	AT DECEMBER 31,
CLASSES OF PROPERTY (THOUSANDS)	2011		2010
Barges	$	22,050	$	22,050
Less: accumulated amortization	6,567		4,362
Net capital leases	$	15,483	$	17,688

Future Minimum Capital Lease Payments

The following is a schedule by years of future minimum lease payments under capital leases together with the present value of the net minimum lease payments as of December 31, 2011.



(THOUSANDS)
Years ending December 31,
2012	$	4,681
2013	4,668
2014	4,668
2015	4,668
2016	4,681
Thereafter	9,441
Total minimum lease payments	$	32,807
Less: executory costs	8,567
Net minimum lease payments	$	24,240
Less: amount representing interest	6,702
Present value of net minimum lease payments	$	17,538
Current liabilities	$	1,841
Non-current liabilities	$	15,697

- Definition

Tabular disclosure of unconditional purchase obligations that are recognized as a liability on the balance sheet, including the nature and term of the unconditional purchase obligations; the aggregate amount of payments for each of the five years following the date of the latest balance sheet; and the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings associated with suppliers' financing arrangements.

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- Definition

Tabular disclosure of each guarantee obligation, or each group of similar guarantee obligations, including (a) the nature of the guarantee, including its term, how it arose, and the events or circumstances that would require the guarantor to perform under the guarantee; (b) the maximum potential amount of future payments (undiscounted) the guarantor could be required to make under the guarantee; (c) the current carrying amount of the liability, if any, for the guarantor's obligations under the guarantee; and (d) the nature of any recourse provisions under the guarantee, and any assets held either as collateral or by third parties, and any relevant related party disclosure. Excludes disclosures about product warranties.

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