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Related Party Transactions
9 Months Ended
Sep. 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
 
Nine Months Ended
 
September 30,
 
September 30,
 
2012
 
2011
 
2012
 
2011
 
(In thousands)
Electricity, transmission and distribution related services billings:
 
 
 
 
 
 
 
TNMP to PNMR
$

 
$
12,196

 
$

 
$
30,608

Services billings:
 
 
 
 
 
 
 
PNMR to PNM
22,143

 
24,680

 
68,030

 
70,849

PNMR to TNMP
6,439

 
7,295

 
20,206

 
21,250

PNM to TNMP
184

 
40

 
473

 
327

TNMP to PNMR
4

 
48

 
12

 
145

PNMR to Optim Energy

 
1,277

 

 
4,083

Optim Energy to PNMR

 
4

 

 
23

Interest billings:
 
 
 
 
 
 
 
PNMR to TNMP
22

 
8

 
72

 
36

PNMR to PNM

 
9

 
1

 
45

PNM to PNMR
45

 
33

 
134

 
97

Income tax sharing payments:
 
 
 
 
 
 
 
PNMR to PNM

 

 
63,114

 

PNMR to TNMP

 

 
1,952