Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2017

Accounting Policies [Line Items]

Amortization of Computer Software

mortization of capitalized computer software costs charged to expense in Cleco and Cleco Power’s Consolidated Statements of Income for the years ending December 31, 2017, 2016, and 2015 is shown in the following tables:

Cleco
	SUCCESSOR				PREDECESSOR
(THOUSANDS)	FOR THE YEAR ENDED DEC. 31, 2017		APR. 13, 2016 - DEC. 31, 2016		JAN. 1, 2016 - APR. 12, 2016		FOR THE YEAR ENDED DEC. 31, 2015
Amortization	$	2,367	$	2,351	$	921	$	2,194

Cleco Power
	FOR THE YEAR ENDED DEC. 31,
(THOUSANDS)	2017		2016		2015
Amortization	$	1,887	$	2,405	$	1,718

Property, Plant, and Equipment

Depreciation on property, plant, and equipment is calculated primarily on a straight-line basis over the useful lives of the assets, as follows:

CATEGORY	YEARS
Utility Plants
Generation	10	–	95
Distribution	15	–	50
Transmission	5	–	55
Other utility plant	5	–	45
Other property, plant, and equipment	5	–	45

At December 31, 2017, and 2016, Cleco and Cleco Power’s property, plant, and equipment consisted of the following:

Cleco
	AT DEC. 31,
(THOUSANDS)	2017			2016
Utility plants
Generation	$	1,908,344		$	1,866,601
Distribution	1,015,472			955,126
Transmission	512,428			503,996
Other utility plant	153,900			146,976
Other property, plant, and equipment	4,381			3,882
Total property, plant, and equipment	3,594,525			3,476,581
Accumulated depreciation	(192,348		)	(75,816		)
Net property, plant, and equipment	$	3,402,177		$	3,400,765

Restricted Cash and Cash Equivalents

Cleco and Cleco Power’s restricted cash and cash equivalents consisted of:

Cleco
	AT DEC. 31,
(THOUSANDS)	2017		2016
Current
Cleco Katrina/Rita’s storm recovery bonds	$	8,597	$	9,213
Cleco Power’s charitable contributions	1,200		1,200
Cleco Power’s rate credit escrow	3,284		12,671
Total current	13,081		23,084
Non-current
Diversified Lands’ mitigation escrow	21		21
Cleco Power’s future storm restoration costs	14,456		17,379
Cleco Power’s charitable contributions	3,575		4,179
Cleco Power’s rate credit escrow	2,029		1,831
Total non-current	20,081		23,410
Total restricted cash and cash equivalents	$	33,162	$	46,494

Cleco Power [Member]

Accounting Policies [Line Items]

Amortization of Computer Software

Cleco Power
	FOR THE YEAR ENDED DEC. 31,
(THOUSANDS)	2017		2016		2015
Amortization	$	1,887	$	2,405	$	1,718

Property, Plant, and Equipment

Cleco Power
	AT DEC. 31,
(THOUSANDS)	2017			2016
Regulated utility plants
Generation	$	2,442,987		$	2,406,572
Distribution	1,462,193			1,405,703
Transmission	725,199			719,052
Other utility plant	263,105			259,238
Total property, plant, and equipment	4,893,484			4,790,565
Accumulated depreciation	(1,712,590		)	(1,618,241		)
Net property, plant, and equipment	$	3,180,894		$	3,172,324

Restricted Cash and Cash Equivalents

Cleco Power
	AT DEC. 31,
(THOUSANDS)	2017		2016
Current
Cleco Katrina/Rita’s storm recovery bonds	$	8,597	$	9,213
Charitable contributions	1,200		1,200
Rate credit escrow	3,284		12,671
Total current	13,081		23,084
Non-current
Future storm restoration costs	14,456		17,379
Charitable contributions	3,575		4,179
Rate credit escrow	2,029		1,831
Total non-current	20,060		23,389
Total restricted cash and cash equivalents	$	33,141	$	46,473