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Intangible Assets and Liabilities (Tables)
3 Months Ended
Mar. 31, 2019
Finite-Lived Intangible Assets [Line Items]  
Schedule of Amortization of Intangible Assets and Liabilities
The following tables present Cleco and Cleco Power’s amortization of intangible assets and liabilities:
Cleco
 
 
 
 
FOR THE THREE MONTHS ENDED MAR. 31,
 
(THOUSANDS)
2019

 
2018

Intangible assets
 
 
 
Cleco Katrina/Rita right to bill and collect storm recovery charges
$
4,870

 
$
4,485

Trade name
$
64

 
$
64

Power supply agreements
$
5,190

 
$
2,420

Intangible liabilities
 
 
 
LTSA
$
(581
)
 
$

Power supply agreements
$
(211
)
 
$

Schedule of Finite-Lived Intangible Assets and Liabilities
The following tables summarize the balances for intangible assets and liabilities subject to amortization for Cleco and Cleco Power:
Cleco
 
 
 
(THOUSANDS)
AT MAR. 31, 2019

 
AT DEC. 31, 2018

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

 
$
70,594

Trade name
5,100

 
5,100

Power supply agreements
187,604

 
85,104

Total intangible assets carrying amount
263,298

 
160,798

Intangible liabilities
 
 
 
LTSA
$
(24,100
)
 
$

Power supply agreements
(7,800
)
 

Total intangible liability carrying amount
(31,900
)
 

Total intangible assets carrying amount, net
231,398

 
160,798

Accumulated amortization
(85,824
)
 
(76,491
)
Net intangible assets subject to amortization
$
145,574

 
$
84,307

CLECO POWER  
Finite-Lived Intangible Assets [Line Items]  
Schedule of Amortization of Intangible Assets and Liabilities
Cleco Power
 
 
 
 
FOR THE THREE MONTHS ENDED MAR. 31,
 
(THOUSANDS)
2019

 
2018

Cleco Katrina/Rita right to bill and collect storm recovery charges
$
4,870

 
$
4,485

Schedule of Finite-Lived Intangible Assets and Liabilities
Cleco Power
 
 
 
(THOUSANDS)
AT MAR. 31, 2019

 
AT DEC. 31, 2018

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

 
$
177,537

Accumulated amortization
(161,314
)
 
(156,444
)
Net intangible assets subject to amortization
$
16,223

 
$
21,093