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Consolidated Statements of Changes in Equity - USD ($)
$ in Thousands
Total
COMMON STOCK
[1]
MEMBERSHIP INTEREST
[1]
RETAINED EARNINGS/ (ACCUMULATED DEFICIT)
AOCI
CLECO POWER
CLECO POWER
MEMBER’S EQUITY
CLECO POWER
AOCI
Balance, beginning (PREDECESSOR) at Dec. 31, 2015 $ 1,674,841 $ 456,412   $ 1,245,014 $ (26,585)      
Balance, beginning at Dec. 31, 2015           $ 1,552,404 $ 1,569,496 $ (17,092)
Increase (Decrease) in Equity [Roll Forward]                
Common stock issued for compensatory plans | PREDECESSOR (1,277) (1,277)            
Dividends on common stock, $0.40 per share | PREDECESSOR (24,190)     (24,190)        
Net income (loss) | PREDECESSOR (3,960)     (3,960)        
Other comprehensive income (loss), net of tax | PREDECESSOR 647       647      
Balance, ending (PREDECESSOR) at Apr. 12, 2016 1,646,061 455,135   1,216,864 (25,938)      
Balance, ending (SUCCESSOR) at Apr. 12, 2016         0      
Balance, beginning (PREDECESSOR) at Dec. 31, 2015 1,674,841 456,412   1,245,014 (26,585)      
Balance, beginning at Dec. 31, 2015           1,552,404 1,569,496 (17,092)
Increase (Decrease) in Equity [Roll Forward]                
Contribution from member           50,000 50,000  
Distributions to member           (110,000) (110,000)  
Net income (loss)           39,128 39,128  
Other comprehensive income (loss), net of tax           3,670   3,670
Balance, ending (SUCCESSOR) at Dec. 31, 2016 2,046,763   $ 2,069,376 (24,113) 1,500      
Balance, ending at Dec. 31, 2016           1,535,202 1,548,624 (13,422)
Balance, beginning (PREDECESSOR) at Apr. 12, 2016 1,646,061 $ 455,135   1,216,864 (25,938)      
Balance, beginning (SUCCESSOR) at Apr. 12, 2016         0      
Increase (Decrease) in Equity [Roll Forward]                
Net income (loss) | SUCCESSOR (24,113)              
Other comprehensive income (loss), net of tax | SUCCESSOR 1,500              
Balance, ending (SUCCESSOR) at Dec. 31, 2016 2,046,763   2,069,376 (24,113) 1,500      
Balance, ending at Dec. 31, 2016           1,535,202 1,548,624 (13,422)
Balance, beginning (SUCCESSOR) at Apr. 13, 2016 [2] 2,158,141   2,158,141 0 0      
Increase (Decrease) in Equity [Roll Forward]                
Distributions to member | SUCCESSOR (88,765)   (88,765)          
Net income (loss) | SUCCESSOR (24,113)     (24,113)        
Other comprehensive income (loss), net of tax | SUCCESSOR 1,500       1,500      
Balance, ending (SUCCESSOR) at Dec. 31, 2016 2,046,763   2,069,376 (24,113) 1,500      
Balance, ending at Dec. 31, 2016           1,535,202 1,548,624 (13,422)
Increase (Decrease) in Equity [Roll Forward]                
Distributions to member | SUCCESSOR (84,065)     (84,065)        
Distributions to member           (135,000) (135,000)  
Net income (loss) | SUCCESSOR 138,080     138,080        
Net income (loss)           150,738 150,738  
Other comprehensive income (loss), net of tax | SUCCESSOR (4,421)       (4,421)      
Other comprehensive income (loss), net of tax           (261)   (261)
Balance, ending (SUCCESSOR) at Dec. 31, 2017 2,096,357   2,069,376 29,902 (2,921)      
Balance, ending at Dec. 31, 2017 2,096,357         1,550,679 1,564,362 (13,683)
Increase (Decrease) in Equity [Roll Forward]                
Distributions to member | SUCCESSOR (71,350)     (71,350)        
Distributions to member           (121,400) (121,400)  
Net income (loss) | SUCCESSOR 94,437     94,437        
Net income (loss)           162,257 162,257  
Other comprehensive income (loss), net of tax | SUCCESSOR 5,296       5,296      
Other comprehensive income (loss), net of tax           2,997   2,997
Reclassification of effect of tax rate change | SUCCESSOR (589)     589 (589)      
Reclassification of effect of tax rate change         (600) (2,496) 2,496 (2,500)
Balance, ending (SUCCESSOR) at Dec. 31, 2018 2,124,740   $ 2,069,376 $ 53,578 $ 1,786      
Balance, ending at Dec. 31, 2018 $ 2,124,740         $ 1,594,533 $ 1,607,715 $ (13,182)
[1] At April 12, 2016, and December 31, 2015, shareholders’ equity of the predecessor company included $61.1 million of common stock. At April 12, 2016, and December 31, 2015, shareholders’ equity of the predecessor company included premium on common stock of $414.6 million and $418.5 million, respectively. At April 12, 2016, and December 31, 2015, shareholders’ equity of the predecessor company included treasury stock of $20.5 million and $23.2 million, respectively.
[2] The April 13, 2016, beginning balance of the successor company differs from the April 12, 2016, ending balances of the predecessor company due to acquisition accounting adjustments related to the 2016 Merger.