Intangible Assets and Liabilities (Tables)

9 Months Ended

Sep. 30, 2020

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)	2020		2019		2020		2019
Intangible assets
Cleco Katrina/Rita right to bill and collect storm recovery charges	$	—	$	5,660	$	517	$	15,702
Trade name	$	64	$	64	$	191	$	191
Power supply agreements	$	6,400	$	6,474	$	19,200	$	17,873
Intangible liabilities
LTSA	$	882	$	871	$	2,646	$	2,323
Power supply agreements	$	871	$	882	$	2,613	$	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, 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	(129,815)		(115,167)
Net intangible assets subject to amortization	$	91,583	$	106,231


Cleco Power
	FOR THE THREE MONTHS ENDED SEPT. 30,				FOR THE NINE MONTHS ENDED SEPT. 30,
(THOUSANDS)	2020		2019		2020		2019
Cleco Katrina/Rita right to bill and collect storm recovery charges	$	—	$	5,660	$	517	$	15,702


Cleco Power
(THOUSANDS)	AT SEPT. 30, 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