Leases (Tables)

6 Months Ended

Jun. 30, 2020

Leases [Abstract]

Lease Income Under Cottonwood Sale Leaseback

Cleco Cajun’s lease income under the Cottonwood Sale Leaseback for the three and six months ended June 30, 2020, and 2019, was as follows:

	FOR THE THREE MONTHS ENDED JUNE 30,				FOR THE SIX MONTHS ENDED JUNE 30,
(THOUSANDS)	2020		2019		2020		2019
Fixed payments	$	10,000	$	10,000	$	20,000	$	16,667
Variable payments	5,194		5,087		10,760		8,239
Amortization of deferred lease liability*	2,301		2,396		4,603		3,835
Total lease income	$	17,495	$	17,483	$	35,363	$	28,741

* Consists of amortization of the deferred lease revenue resulting from the fair value of the lease between Cottonwood Energy and a special-purpose entity that is a subsidiary of NRG Energy. For more information, see Note 2 — “Business Combinations.”