Intangible Assets and Liabilities (Tables)

3 Months Ended

Mar. 31, 2022

Finite-Lived Intangible Assets [Line Items]

Schedule of Amortization of Intangible Assets and Liabilities

The following table presents Cleco’s amortization of intangible assets and liabilities for the three months ended March 31, 2022, and 2021:

Cleco
	FOR THE THREE MONTHS ENDED MAR. 31,
(THOUSANDS)	2022		2021
Intangible assets
Trade name	$	—	$	64
Power supply agreements	$	6,400	$	6,400
Intangible liabilities
LTSA	$	871	$	871
Power supply agreements	$	389	$	882

Schedule of Finite-Lived Intangible Assets and Liabilities

The following table summarizes the balances for intangible assets and liabilities subject to amortization for Cleco at March 31, 2022, and December 31, 2021:

Cleco
(THOUSANDS)	AT MAR. 30, 2022		AT DEC. 31, 2021
Intangible assets
Power supply agreements	$	184,004	$	184,004
Total intangible assets carrying amount	184,004		184,004
Intangible liabilities
LTSA	24,100		24,100
Power supply agreements	14,200		14,200
Total intangible liability carrying amount	38,300		38,300
Net intangible assets carrying amount	145,704		145,704
Accumulated amortization	(87,606)		(82,466)
Net intangible assets subject to amortization	$	58,098	$	63,238