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Related Party Transactions
6 Months Ended
Jun. 30, 2012
Related Party Transactions [Abstract]  
Related Party Transactions
Related Party Transactions

PNMR, PNM, and TNMP are considered related parties as defined under GAAP. TNMP provides transmission and distribution services to First Choice. On November 1, 2011, PNMR sold First Choice. TNMP revenues from First Choice through October 31, 2011 were related party revenues and included in the table below. PNMR Services Company provides corporate services to PNMR and its subsidiaries in accordance with shared services agreements. Optim Energy was a related party prior to September 23, 2011. PNMR Services Company provided corporate services to Optim Energy under a services agreement. There was also a services agreement for Optim Energy to provide services to PNMR. See Note 11 for information concerning Optim Energy.

The table below summarizes the nature and amount of related party transactions of PNMR, PNM, and TNMP:
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2012
 
2011
 
2012
 
2011
 
(In thousands)
Electricity, transmission and distribution related services billings:
 
 
 
 
 
 
 
TNMP to PNMR
$

 
$
9,598

 
$

 
$
18,412

Services billings:
 
 
 
 
 
 
 
PNMR to PNM
23,832

 
24,733

 
45,887

 
46,169

PNMR to TNMP
6,816

 
7,374

 
13,767

 
13,955

PNM to TNMP
168

 
160

 
289

 
287

TNMP to PNMR
4

 
44

 
8

 
97

PNMR to Optim Energy

 
1,404

 

 
2,804

Optim Energy to PNMR

 
9

 

 
19

Interest billings:
 
 
 
 
 
 
 
PNMR to TNMP
32

 
26

 
50

 
28

PNMR to PNM
1

 
8

 
1

 
36

PNM to PNMR
44

 
32

 
89

 
64

Income tax sharing payments:
 
 
 
 
 
 
 
PNMR to PNM

 

 
63,114

 

PNMR to TNMP

 

 
1,952