Intangible Assets and Liabilities (Tables)

9 Months Ended

Sep. 30, 2019

The following tables present Cleco and Cleco Power’s amortization of intangible assets and liabilities:



Cleco
	FOR THE THREE MONTHS ENDED SEPT. 30,				FOR THE NINE MONTHS ENDED SEPT. 30,
(THOUSANDS)	2019		2018		2019		2018
Intangible assets
Cleco Katrina/Rita right to bill and collect storm recovery charges	$	5,660	$	5,623	$	15,702	$	15,617
Trade name	$	64	$	64	$	191	$	191
Power supply agreements	$	6,474	$	2,420	$	17,873	$	7,260
Intangible liabilities
LTSA	$	871	$	—	$	2,323	$	—
Power supply agreements	$	882	$	—	$	2,352	$	—

The following tables summarize the balances for intangible assets and liabilities subject to amortization for Cleco and Cleco Power:



Cleco
(THOUSANDS)	AT SEPT. 30, 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	184,004			85,104
Total intangible assets carrying amount	259,698			160,798
Intangible liabilities
LTSA	24,100			—
Power supply agreements	14,200			—
Total intangible liability carrying amount	38,300			—
Net intangible assets carrying amount	221,398			160,798
Accumulated amortization	(105,583		)	(76,491		)
Net intangible assets subject to amortization	$	115,815		$	84,307



Cleco Power
	FOR THE THREE MONTHS ENDED SEPT. 30,				FOR THE NINE MONTHS ENDED SEPT. 30,
(THOUSANDS)	2019		2018		2019		2018
Cleco Katrina/Rita right to bill and collect storm recovery charges	$	5,660	$	5,623	$	15,702	$	15,617



Cleco Power
(THOUSANDS)	AT SEPT. 30, 2019			AT DEC. 31, 2018
Cleco Katrina/Rita right to bill and collect storm recovery charges	$	177,537		$	177,537
Accumulated amortization	(172,146		)	(156,444		)
Net intangible assets subject to amortization	$	5,391		$	21,093