XML 42 R27.htm IDEA: XBRL DOCUMENT v3.22.1
Summary of Significant Accounting Policies (Tables)
 3 Months Ended
Mar. 31, 2022
Restricted Cash and Cash Equivalents Items [Line Items]  
Restricted Cash and Cash Equivalents
Cleco and Cleco Power’s restricted cash and cash equivalents consisted of the following:

Cleco
(THOUSANDS)AT MAR. 31, 2022AT DEC. 31, 2021
Current
Cleco Katrina/Rita storm recovery surcharge$1,675 $1,674 
Total current1,675 1,674 
Non-current
Diversified Lands’ mitigation escrow22 22 
Cleco Cajun’s defense fund
723 723 
Total non-current745 745 
Total restricted cash and cash equivalents$2,420 $2,419 
Changes in Allowance for Credit Losses, Other The tables below present the changes in the allowance for credit losses by receivable for Cleco and Cleco Power:
Cleco
(THOUSANDS)ACCOUNTS
RECEIVABLE
OTHER*
TOTAL
Balances, Dec. 31, 2021$1,302 $1,638 $2,940 
Current period provision391 — 391 
Charge-offs(1,089)— (1,089)
Recovery398 — 398 
Balances, Mar. 31, 2022$1,002 $1,638 $2,640 
* Loan held at Diversified Lands that was fully reserved for at December 31, 2020.

(THOUSANDS)ACCOUNTS
RECEIVABLE
OTHER*
TOTAL
Balances, Dec. 31, 2020$2,758 $1,638 $4,396 
Current period provision1,874 — 1,874 
Charge-offs(2,859)— (2,859)
Recovery267 — 267 
Balances, Mar. 31, 2021$2,040 $1,638 $3,678 
* Loan held at Diversified Lands that was fully reserved for at December 31, 2020.
Changes in Allowance for Credit Losses, Accounts Receivable The tables below present the changes in the allowance for credit losses by receivable for Cleco and Cleco Power:
Cleco
(THOUSANDS)ACCOUNTS
RECEIVABLE
OTHER*
TOTAL
Balances, Dec. 31, 2021$1,302 $1,638 $2,940 
Current period provision391 — 391 
Charge-offs(1,089)— (1,089)
Recovery398 — 398 
Balances, Mar. 31, 2022$1,002 $1,638 $2,640 
* Loan held at Diversified Lands that was fully reserved for at December 31, 2020.

(THOUSANDS)ACCOUNTS
RECEIVABLE
OTHER*
TOTAL
Balances, Dec. 31, 2020$2,758 $1,638 $4,396 
Current period provision1,874 — 1,874 
Charge-offs(2,859)— (2,859)
Recovery267 — 267 
Balances, Mar. 31, 2021$2,040 $1,638 $3,678 
* Loan held at Diversified Lands that was fully reserved for at December 31, 2020.
CLECO POWER  
Restricted Cash and Cash Equivalents Items [Line Items]  
Restricted Cash and Cash Equivalents
Cleco Power
(THOUSANDS)AT MAR. 31, 2022AT DEC. 31, 2021
Current
Cleco Katrina/Rita storm recovery surcharge$1,675 $1,674 
Total restricted cash and cash equivalents$1,675 $1,674 
Changes in Allowance for Credit Losses, Accounts Receivable
Cleco Power
(THOUSANDS)ACCOUNTS RECEIVABLE
Balance, Dec. 31, 2021$1,302 
Current period provision391 
Charge-offs(1,089)
Recovery398 
Balance, Mar. 31, 2022$1,002 
(THOUSANDS)ACCOUNTS RECEIVABLE
Balance, Dec. 31, 2020$2,758 
Current period provision1,874 
Charge-offs(2,859)
Recovery267 
Balance, Mar. 31, 2021$2,040