Intangible Assets, Intangible Liabilities, and Goodwill (Tables)

12 Months Ended

Dec. 31, 2020

Finite-Lived Intangible Assets [Line Items]

Schedule of Amortization of Intangible Assets and Liabilities

Amortization of capitalized computer software costs charged to expense in Cleco and Cleco Power’s Consolidated Statements of Income for the years ending December 31, 2020, 2019, and 2018 is shown in the following tables:

Cleco
	FOR THE YEAR ENDED DEC. 31,
(THOUSANDS)	2020		2019		2018
Amortization	$	11,015	$	4,917	$	2,154

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

Cleco
	FOR THE YEAR ENDED DEC. 31,
(THOUSANDS)	2020		2019		2018
Intangible assets
Cleco Katrina/Rita right to bill and collect storm recover charges	$	517	$	20,576	$	20,608
Trade name	$	255	$	255	$	255
Power supply agreements	$	25,600	$	24,273	$	9,680
Intangible liabilities
LTSA	$	3,484	$	3,234	$	—
Power supply agreements	$	3,528	$	3,194	$	—
No impairments for intangibles in the table above for 2020, 2019, and 2018.

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
	AT DEC. 31,
(THOUSANDS)	2020		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 liabilities carrying amount	38,300		38,300
Net intangible assets carrying amount	221,398		221,398
Accumulated amortization	(134,526)		(115,167)
Net intangible assets subject to amortization	$	86,872	$	106,231

Schedule of Expected Amortization Expense

The following table summarizes the amortization expense related to intangible assets and liabilities expected to be recognized in Cleco’s Consolidated Statements of Income:

Cleco
(THOUSANDS)	INTANGIBLE ASSETS		INTANGIBLE LIABILITIES
For the year ending Dec. 31,
2021	$	25,855	$	(5,862)
2022	$	25,855	$	(5,041)
2023	$	25,628	$	(5,041)
2024	$	19,056	$	(5,041)
2025	$	5,292	$	(3,875)
Thereafter	$	10,046	$	—

CLECO POWER

Finite-Lived Intangible Assets [Line Items]

Schedule of Amortization of Intangible Assets and Liabilities

Cleco Power
	FOR THE YEAR ENDED DEC. 31,
(THOUSANDS)	2020		2019		2018
Amortization	$	10,379	$	4,321	$	1,607

Cleco Power
	FOR THE YEAR ENDED DEC. 31,
(THOUSANDS)	2020		2019		2018
Cleco Katrina/Rita right to bill and collect storm recovery charges	$	517	$	20,576	$	20,608

Schedule of Finite-Lived Intangible Assets and Liabilities

Cleco Power
	AT DEC. 31,
(THOUSANDS)	2020		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