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Intangible Assets and Goodwill (Tables)
9 Months Ended
Sep. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Amortization of Intangible Assets
The following tables present Cleco and Cleco Power’s amortization of intangible assets:
Cleco
 
 
 
 
 
 
 
 
FOR THE THREE MONTHS ENDED SEPT. 30,
 
 
FOR THE NINE MONTHS ENDED SEPT. 30,
 
(THOUSANDS)
2018

 
2017

 
2018

 
2017

Cleco Katrina/Rita right to bill and collect storm recovery charges
$
5,623

 
$
4,643

 
$
15,617

 
$
12,837

Trade name
$
64

 
$
64

 
$
191

 
$
191

Power supply agreements
$
2,420

 
$
2,420

 
$
7,260

 
$
8,337

Cleco Power
 
 
 
 
 
 
 
 
FOR THE THREE MONTHS ENDED SEPT. 30,
 
 
FOR THE NINE MONTHS ENDED SEPT. 30,
 
(THOUSANDS)
2018

 
2017

 
2018

 
2017

Cleco Katrina/Rita right to bill and collect storm recovery charges
$
5,623

 
$
4,643

 
$
15,617

 
$
12,837

Schedule of Finite-Lived Intangible Assets
The following tables summarize the balances for intangible assets subject to amortization for Cleco and Cleco Power:
Cleco
 
 
 
(THOUSANDS)
AT SEPT. 30, 2018

 
AT DEC. 31, 2017

Cleco Katrina/Rita right to bill and collect storm recovery charges
$
70,594

 
$
70,594

Trade name
5,100

 
5,100

Power supply agreements
85,104

 
85,104

Gross carrying amount
160,798

 
160,798

Accumulated amortization
(69,016
)
 
(45,948
)
Net intangible assets subject to amortization
$
91,782

 
$
114,850

Cleco Power
 
 
 
(THOUSANDS)
AT SEPT. 30, 2018

 
AT DEC. 31, 2017

Cleco Katrina/Rita right to bill and collect storm recovery charges
$
177,537

 
$
177,537

Accumulated amortization
(151,453
)
 
(135,836
)
Net intangible assets subject to amortization
$
26,084

 
$
41,701