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Disclosures about Segments (Tables)
 6 Months Ended
Jun. 30, 2021
Segment Reporting [Abstract]  
Segment Information
Segment Information for the Three Months Ended June 30,
2021 (THOUSANDS)
CLECO POWERCLECO CAJUNTOTAL SEGMENTS
Revenue  
Electric operations$262,948 $91,407 $354,355 
Other operations16,269 30,655 46,924 
Affiliate revenue1,224 — 1,224 
Electric customer credits(18,762)244 (18,518)
Operating revenue, net$261,679 $122,306 $383,985 
Net income $27,421 $52,494 $79,915 
Add: Depreciation and amortization40,933 12,339 
(1)
53,272 
Less: Interest income825 3 828 
Add: Interest charges18,237 (180)18,057 
Add: Federal and state income tax expense 8,956 18,063 27,019 
EBITDA$94,722 $82,713 $177,435 
(1) Includes $3.3 million of amortization of intangible assets and liabilities related to wholesale power supply agreements and $(2.3) million of deferred lease revenue amortization as a result of the Cleco Cajun Transaction.

2021 (THOUSANDS)
TOTAL SEGMENTSOTHERELIMINATIONSTOTAL
Revenue
Electric operations$354,355 $(2,420)$1 $351,936 
Other operations46,924 1 (1,595)45,330 
Affiliate revenue1,224 26,120 (27,344)— 
Electric customer credits(18,518)— 1 (18,517)
Operating revenue, net$383,985 $23,701 $(28,937)$378,749 
Depreciation and amortization$53,272 $4,427 
(1)
$— $57,699 
Interest income$828 $14 $(13)$829 
Interest charges$18,057 $15,248 $(14)$33,291 
Federal and state income tax (benefit) $27,019 $(17,182)$— $9,837 
Net income (loss)$79,915 $(1,093)$— $78,822 
(1) Includes $2.4 million of amortization of intangible assets related to Cleco Power’s wholesale power supply agreements as a result of the 2016 Merger.

2020 (THOUSANDS)
CLECO POWERCLECO CAJUNTOTAL SEGMENTS
Revenue
Electric operations$239,643 $84,733 $324,376 
Other operations15,904 30,636 46,540 
Affiliate revenue1,240 43 1,283 
Electric customer credits(9,100)— (9,100)
Operating revenue, net$247,687 $115,412 $363,099 
Net income$28,233 $26,762 $54,995 
Add: Depreciation and amortization41,596 11,143 
(1)
52,739 
Less: Interest income755 103 858 
Add: Interest charges18,603 120 18,723 
Add: Federal and state income tax expense9,356 8,601 17,957 
EBITDA$97,033 $46,523 $143,556 
(1) Includes $3.1 million of amortization of intangible assets and liabilities related to wholesale power supply agreements and $(2.3) million of deferred lease revenue amortization as a result of the Cleco Cajun Transaction.
2020 (THOUSANDS)
TOTAL SEGMENTSOTHERELIMINATIONSTOTAL
Revenue
Electric operations$324,376 $(2,420)$— $321,956 
Other operations46,540 1 (1,639)44,902 
Affiliate revenue1,283 29,138 (30,421)— 
Electric customer credits(9,100)— — (9,100)
Operating revenue, net$363,099 $26,719 $(32,060)$357,758 
Depreciation and amortization$52,739 $4,565 
(1)
$— $57,304 
Interest income $858 $55 $(15)$898 
Interest charges$18,723 $16,007 $(15)$34,715 
Federal and state income tax expense (benefit)$17,957 $(4,364)$— $13,593 
Net income (loss)$54,995 $(11,826)$(1)$43,168 
(1) Includes $2.4 million of amortization of intangible assets related to Cleco Power’s wholesale power supply agreements as a result of the 2016 Merger.

Segment Information for the Six Months Ended June 30,
2021 (THOUSANDS)
CLECO POWERCLECO CAJUNTOTAL SEGMENTS
Revenue  
Electric operations$530,107 $192,914 $723,021 
Other operations34,895 63,694 98,589 
Affiliate revenue2,879 — 2,879 
Electric customer credits(39,738)244 (39,494)
Operating revenue, net$528,143 $256,852 $784,995 
Net income$45,846 $66,975 $112,821 
Add: Depreciation and amortization83,009 23,991 
(2)
107,000 
Less: Interest income1,468 6 1,474 
Add: Interest charges36,883 (332)36,551 
Add: Federal and state income tax (benefit) expense(767)22,673 21,906 
EBITDA$163,503 $113,301 $276,804 
Additions to property, plant, and equipment$134,185 $4,882 $139,067 
Equity investment in investees (1)
$5,572 $— $5,572 
Goodwill (1)
$1,490,797 $— $1,490,797 
Total segment assets (1)
$6,438,218 $1,078,534 $7,516,752 
(1) Balances as of June 30, 2021.
(2) Includes $6.4 million of amortization of intangible assets and liabilities related to wholesale power supply agreements and $(4.6) million of deferred lease revenue amortization as a result of the Cleco Cajun Transaction.

2021 (THOUSANDS)
TOTAL SEGMENTSOTHERELIMINATIONSTOTAL
Revenue
Electric operations$723,021 $(4,840)$— $718,181 
Other operations98,589 2 (3,535)95,056 
Affiliate revenue2,879 53,276 (56,155)— 
Electric customer credits(39,494)— — (39,494)
Operating revenue, net$784,995 $48,438 $(59,690)$773,743 
Depreciation and amortization$107,000 $8,862 
(2)
$— $115,862 
Interest income$1,474 $57 $(56)$1,475 
Interest charges$36,551 $30,687 $(55)$67,183 
Federal and state income tax expense (benefit)$21,906 $(21,490)$— $416 
Net income (loss)$112,821 $(13,672)$— $99,149 
Additions to property, plant, and equipment$139,067 $1,440 $— $140,507 
Equity investment in investees (1)
$5,572 $— $— $5,572 
Goodwill (1)
$1,490,797 $— $— $1,490,797 
Total segment assets (1)
$7,516,752 $569,126 $(144,409)$7,941,469 
(1) Balances as of June 30, 2021.
(2) Includes $4.8 million of amortization of intangible assets related to Cleco Power’s wholesale power supply agreements as a result of the 2016 Merger.
2020 (THOUSANDS)
CLECO POWERCLECO CAJUNTOTAL SEGMENTS
Revenue
Electric operations$464,073 $173,880 $637,953 
Other operations31,668 61,597 93,265 
Affiliate revenue2,346 204 2,550 
Electric customer credits(17,440)(153)(17,593)
Operating revenue, net$480,647 $235,528 $716,175 
Net income$40,064 $46,298 $86,362 
Add: Depreciation and amortization85,273 22,041 
(2)
107,314 
Less: Interest income1,709 258 1,967 
Add: Interest charges37,184 131 37,315 
Add: Federal and state income tax expense12,694 15,022 27,716 
EBITDA$173,506 $83,234 $256,740 
Additions to property, plant, and equipment
$132,578 $5,417 $137,995 
Equity investment in investees (1)
$9,072 $— $9,072 
Goodwill (1)
$1,490,797 $— $1,490,797 
Total segment assets (1)
$6,256,944 $1,029,812 $7,286,756 
(1) Balances as of December 31, 2020.
(2) Includes $6.2 million of amortization of intangible assets and liabilities related to wholesale power supply agreements and $(4.6) million deferred lease revenue amortization as a result of the Cleco Cajun Transaction.

2020 (THOUSANDS)
TOTAL SEGMENTSOTHERELIMINATIONSTOTAL
Revenue
Electric operations$637,953 $(4,840)$— $633,113 
Other operations93,265 1 (3,456)89,810 
Affiliate revenue2,550 58,415 (60,965)— 
Electric customer credits(17,593)— — (17,593)
Operating revenue, net$716,175 $53,576 $(64,421)$705,330 
Depreciation and amortization$107,314 $9,079 
(2)
$— $116,393 
Interest income$1,967 $155 $(68)$2,054 
Interest charges$37,315 $32,617 $(69)$69,863 
Federal and state income tax expense (benefit)$27,716 $(12,561)$— $15,155 
Net income (loss)$86,362 $(36,865)$(1)$49,496 
Additions to property, plant, and equipment$137,995 $1,344 $— $139,339 
Equity investment in investees (1)
$9,072 $— $— $9,072 
Goodwill (1)
$1,490,797 $— $— $1,490,797 
Total segment assets (1)
$7,286,756 $595,217 $(156,404)$7,725,569 
(1) Balances as of December 31, 2020.
(2) Includes $4.8 million of amortization of intangible assets related to Cleco Power’s wholesale power supply agreements as a result of the 2016 Merger.

FOR THE THREE MONTHS ENDED JUNE 30,FOR THE SIX MONTHS ENDED JUNE 30,
(THOUSANDS)2021202020212020
Net income$78,822 $43,168 $99,149 $49,496 
Add: Depreciation and amortization57,699 57,304 115,862 116,393 
Less: Interest income829 898 1,475 2,054 
Add: Interest charges33,291 34,715 67,183 69,863 
Add: Federal and state income tax expense 9,837 13,593 416 15,155 
Add: Other corporate costs and noncash items (1)
(1,385)(4,326)(4,331)7,887 
Total segment EBITDA$177,435 $143,556 $276,804 $256,740 
(1) Adjustments made for Other and Elimination totals not allocated to total segment EBITDA.