Leases (Tables)

3 Months Ended

Mar. 31, 2021

Leases [Abstract]

Lease Income Under Cottonwood Sale Leaseback

Cleco Cajun’s lease income under the Cottonwood Sale Leaseback is included in Other operations within Cleco’s Condensed Consolidated Statement of Income. Cleco Cajun’s lease income under the Cottonwood Sale Leaseback for the three months ended March 31, 2021, and 2020, was as follows:

	FOR THE THREE MONTHS ENDED MAR. 31,
(THOUSANDS)	2021		2020
Fixed payments	$	10,000	$	10,000
Variable payments	5,465		5,566
Amortization of deferred lease liability*	2,301		2,302
Total lease income	$	17,766	$	17,868

* 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.