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Intangible Assets, Intangible Liabilities, and Goodwill (Tables)
12 Months Ended
Dec. 31, 2021
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, 2021, 2020, and 2019 is shown in the following tables:
Cleco
FOR THE YEAR ENDED DEC. 31,
(THOUSANDS)202120202019
Amortization
$11,878 $11,015 $4,917 
The following tables present Cleco and Cleco Power’s amortization of intangible assets and liabilities:

Cleco
 
FOR THE YEAR ENDED DEC. 31,
(THOUSANDS)202120202019
Intangible assets
Cleco Katrina/Rita right to bill and collect storm recover charges
$ $517 $20,576 
Trade name$3,897 $255 $255 
Power supply agreements$25,600 $25,600 $24,273 
Intangible liabilities
LTSA$3,484 $3,484 $3,234 
Power supply agreements$2,378 $3,528 $3,194 
An impairment on the Trade name intangible asset was recognized in 2021. No impairments for intangibles in the table above were recognized for 2020 and 2019.
Schedule of Finite-Lived Intangible Assets and Liabilities
The following tables summarize the balances for intangible assets and liabilities subject to amortization for Cleco:

Cleco
AT DEC. 31,
(THOUSANDS)20212020
Intangible assets
Trade name$ $5,100 
Power supply agreements184,004 184,004 
Total intangible assets carrying amount184,004 189,104 
Intangible liabilities
LTSA24,100 24,100 
Power supply agreements14,200 14,200 
Total intangible liabilities carrying amount38,300 38,300 
Net intangible assets carrying amount145,704 150,804 
Accumulated amortization(82,466)(63,932)
Net intangible assets subject to amortization$63,238 $86,872 
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 ASSETSINTANGIBLE LIABILITIES
For the year ending Dec. 31,
2022$25,600 $(5,041)
2023$25,373 $(5,041)
2024$18,801 $(5,041)
2025$5,037 $(3,874)
2026$744 $— 
Thereafter$6,680 $— 
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)202120202019
Amortization
$11,268 $10,379 $4,321 
Cleco Power
 
FOR THE YEAR ENDED DEC. 31,
(THOUSANDS)202120202019
Cleco Katrina/Rita right to bill and collect storm recovery charges
$ $517 $20,576