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Intangible Assets and Liabilities (Tables)
3 Months Ended
Mar. 31, 2020
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)
2020

 
2019

Intangible assets
 
 
 
Cleco Katrina/Rita right to bill and collect storm recovery charges
$
517

 
$
4,870

Trade name
$
64

 
$
64

Power supply agreements
$
6,400

 
$
5,190

Intangible liabilities
 
 
 
LTSA
$
871

 
$
581

Power supply agreements
$
882

 
$
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, 2020

 
AT DEC. 31, 2019

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

 
184,004

Total intangible assets carrying amount
259,698

 
259,698

Intangible liabilities
 
 
 
LTSA
24,100

 
24,100

Power supply agreements
14,200

 
14,200

Total intangible liability carrying amount
38,300

 
38,300

Net intangible assets carrying amount
221,398

 
221,398

Accumulated amortization
(120,395
)
 
(115,167
)
Net intangible assets subject to amortization
$
101,003

 
$
106,231

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)
2020

 
2019

Cleco Katrina/Rita right to bill and collect storm recovery charges
$
517

 
$
4,870


Schedule of Finite-Lived Intangible Assets and Liabilities
Cleco Power
 
 
 
(THOUSANDS)
AT MAR. 31, 2020

 
AT DEC. 31, 2019

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

 
$
177,537

Accumulated amortization
(177,537
)
 
(177,020
)
Net intangible assets subject to amortization
$

 
$
517