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Business Combinations (Tables)
 12 Months Ended
Dec. 31, 2020
Business Combinations [Abstract]  
Schedule of Assets Acquired and Liabilities Assumed and Measurement Period Adjustments The following chart presents Cleco’s current purchase price allocation:
Purchase Price Allocation
(THOUSANDS)
Current assets
Cash and cash equivalents$146,494 
Customer and other accounts receivable 49,809 
Fuel inventory22,060 
Materials and supplies25,659 
Energy risk management assets4,193 
Other current assets10,056 
Non-current assets
Property, plant, and equipment, net741,203 
Prepayments36,166 
Restricted cash and cash equivalents707 
Intangible assets98,900 
Other deferred charges133 
Total assets acquired1,135,380 
Current liabilities
Accounts payable38,478 
Taxes payable723 
Energy risk management liabilities241 
Other current liabilities14,570 
Non-current liabilities
Accumulated deferred federal and state income taxes, net7,165 
Deferred lease revenue58,300 
Intangible liabilities38,300 
Asset retirement obligations15,323 
Operating lease liabilities110 
Total liabilities assumed173,210 
Total purchase price consideration$962,170 
The measurement period adjustments were based upon information obtained about facts and circumstances that existed at the acquisition date that, if known, would have affected the measurement of the amounts recognized at that date.
Measurement Period Adjustments
(THOUSANDS)AT JUNE 30, 2019
Current assets
Customer and other accounts receivable $1,408 
Other current assets$56 
Non-current assets
Property, plant, and equipment, net$13,297 
Prepayments$(56)
Intangible assets$(3,600)
Other deferred charges$1 
Current liabilities
Accounts payable$3,022 
Energy risk management liabilities$(1)
Other current liabilities$327 
Non-current liabilities
Accumulated deferred federal and state income taxes, net$421 
Deferred lease revenue$(3,600)
Intangible liabilities$6,400 
Asset retirement obligations$4,534 
Operating lease liabilities$3 
Schedule of Unaudited Pro Forma Information
The unaudited pro forma financial information presented in the following table is not necessarily indicative of the consolidated results of operations that would have been achieved had the transaction taken place on the dates indicated, or the future consolidated results of operations of the combined companies.

Unaudited Pro Forma Financial Information
FOR THE YEAR ENDED DEC. 31,
(THOUSANDS)20192018
Operating revenue, net$1,660,362 $1,668,022 
Net income$154,898 $170,224