Leases (Tables)

6 Months Ended

Jun. 30, 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 and six months ended June 30, 2021, and 2020, was as follows:

	FOR THE THREE MONTHS ENDED JUNE 30,				FOR THE SIX MONTHS ENDED JUNE. 30,
(THOUSANDS)	2021		2020		2021		2020
Fixed payments	$	10,000	$	10,000	$	20,000	$	20,000
Variable payments	5,010		5,194		10,475		10,760
Amortization of deferred lease liability*	2,301		2,301		4,603		4,603
Total lease income	$	17,311	$	17,495	$	35,078	$	35,363

* 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.