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Variable Interest Entities (Tables)
3 Months Ended
Mar. 31, 2014
Variable Interest Entities [Abstract]  
Components of Equity Investments
The following table presents the components of Cleco Power’s equity investment in Oxbow.
INCEPTION TO DATE (THOUSANDS)
AT MAR. 31, 2014

 
AT DEC. 31, 2013

Purchase price
$
12,873

 
$
12,873

Cash contributions
1,659

 
1,659

Total equity investment in investee
$
14,532

 
$
14,532

Comparison of Investee's Assets and Liabilities with Maximum Exposure to Loss
The following table compares the carrying amount of Oxbow’s assets and liabilities with Cleco’s maximum exposure to loss related to its investment in Oxbow.
(THOUSANDS)
AT MAR. 31, 2014

 
AT DEC. 31, 2013

Oxbow’s net assets/liabilities
$
29,065

 
$
29,065

Cleco Power’s 50% equity
$
14,532

 
$
14,532

Cleco’s maximum exposure to loss
$
14,532

 
$
14,532

Equity Method Investments - Summarized Financial Information
The following tables contain summarized financial information for Oxbow.
(THOUSANDS)
AT MAR. 31, 2014

 
AT DEC. 31, 2013

Current assets
$
2,303

 
$
2,289

Property, plant, and equipment, net
22,587

 
22,611

Other assets
4,248

 
4,256

Total assets
$
29,138

 
$
29,156

Current liabilities
$
61

 
$
91

Other liabilities
12

 

Partners’ capital
29,065

 
29,065

Total liabilities and partners’ capital
$
29,138

 
$
29,156

 
FOR THE THREE MONTHS ENDED MAR. 31,
 
(THOUSANDS)
2014

 
2013

Operating revenue
$
585

 
$
429

Operating expenses
585

 
429

Income before taxes
$

 
$