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Condensed Consolidated Statements of Earnings (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Electric Operating Revenues        
Affiliate   $ 0   $ 0
Electric Operating Revenues 323,860 415,586 629,234 803,249
Operating Expenses:        
Cost of energy 94,719 173,454 186,565 331,961
Administrative and general 45,289 68,795 90,089 127,260
Energy production costs 46,053 47,127 91,182 95,779
Regulatory disallowances 0 21,402 0 21,402
Depreciation and amortization 41,054 38,272 79,468 76,745
Transmission and distribution costs 17,565 18,161 33,814 35,038
Taxes other than income taxes 14,074 15,515 29,281 29,985
Total operating expenses 258,754 382,726 510,399 718,170
Operating income 65,106 32,860 118,835 85,079
Other Income and Deductions:        
Interest income 3,386 4,234 6,678 8,261
Gains on investments held by NDT (795) 5,894 3,660 11,797
Other income 1,862 809 4,507 1,804
Other deductions (2,716) (3,881) (7,268) (6,953)
Net other income (deductions) 1,737 7,056 7,577 14,909
Interest Charges 30,198 30,512 59,765 61,127
Earnings before Income Taxes 36,645 9,404 66,647 38,861
Income Taxes (Benefit) 11,546 1,735 21,071 11,241
Net Earnings 25,099 7,669 45,576 27,620
(Earnings) Attributable to Valencia Non-controlling Interest (3,455) (3,470) (6,720) (6,652)
Preferred Stock Dividend Requirements of Subsidiary (132) (132) (264) (264)
Net Earnings (Loss) Attributable to PNMR 21,512 4,067 38,592 20,704
Net Earnings Attributable to PNMR per Common Share:        
Basic (dollars per share) $ 0.27 $ 0.04 $ 0.48 $ 0.23
Diluted (dollars per share) $ 0.27 $ 0.04 $ 0.48 $ 0.22
Dividends Declared per Common Share (dollars per share) $ 0.145 $ 0.125 $ 0.290 $ 0.250
Public Service Company of New Mexico [Member]
       
Electric Operating Revenues        
Electric Operating Revenues 260,094 239,234 510,510 473,472
Operating Expenses:        
Cost of energy 83,235 81,497 163,792 170,711
Administrative and general 40,657 38,580 79,706 72,916
Energy production costs 46,053 47,127 91,182 95,779
Regulatory disallowances 0 17,479 0 17,479
Depreciation and amortization 23,946 22,897 47,580 46,632
Transmission and distribution costs 11,664 11,902 22,507 23,509
Taxes other than income taxes 7,870 9,209 16,969 17,740
Total operating expenses 213,425 228,691 421,736 444,766
Operating income 46,669 10,543 88,774 28,706
Other Income and Deductions:        
Interest income 3,429 4,225 6,764 8,282
Gains on investments held by NDT (795) 5,894 3,660 11,797
Other income 1,370 441 3,203 742
Other deductions (1,564) (1,851) (2,868) (2,837)
Net other income (deductions) 2,440 8,709 10,759 17,984
Interest Charges 18,928 18,027 37,422 36,107
Earnings before Income Taxes 30,181 1,225 62,111 10,583
Income Taxes (Benefit) 9,841 (872) 20,694 1,522
Net Earnings 20,340 2,097 41,417 9,061
(Earnings) Attributable to Valencia Non-controlling Interest (3,455) (3,470) (6,720) (6,652)
Net Earnings (Loss) Attributable to PNMR 16,885 (1,373) 34,697 2,409
Preferred Stock Dividends Requirements (132) (132) (264) (264)
Net Earnings (Loss) Available for PNM Common Stock 16,753 (1,505) 34,433 2,145
Texas-New Mexico Power Company [Member]
       
Electric Operating Revenues        
Non-affiliates 63,766 50,359 118,724 95,387
Affiliate 0 9,598 0 18,412
Total electric operating revenues 63,766 59,957 118,724 113,799
Operating Expenses:        
Cost of energy 11,484 10,259 22,773 20,412
Administrative and general 10,103 10,135 20,570 19,801
Regulatory disallowances 0 3,923 0 3,923
Depreciation and amortization 12,066 10,726 23,353 20,987
Transmission and distribution costs 5,901 6,256 11,307 11,524
Taxes other than income taxes 5,315 4,963 10,031 9,733
Total operating expenses 44,869 46,262 88,034 86,380
Operating income 18,897 13,695 30,690 27,419
Other Income and Deductions:        
Other income 448 288 937 650
Other deductions 326 (29) (59) (75)
Net other income (deductions) 774 259 878 575
Interest Charges 7,069 7,305 14,167 14,604
Earnings before Income Taxes 12,602 6,649 17,401 13,390
Income Taxes (Benefit) 4,584 2,547 6,372 5,125
Net Earnings (Loss) Attributable to PNMR $ 8,018 $ 4,102 $ 11,029 $ 8,265