XML 43 R30.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Financing (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2014
Debt Disclosure [Abstract] |
Schedule of Short-term Debt [Table Text Block] | Short-term Debt PNMR has a revolving credit financing capacity of $300.0 million under the PNMR Revolving Credit Facility. PNM has a revolving credit financing capacity of $400.0 million under the PNM Revolving Credit Facility. Both of these facilities currently expire on October 31, 2018. TNMP has a revolving credit financing capacity of $75.0 million under the TNMP Revolving Credit Facility that is secured by $75.0 million aggregate principal amount of TNMP first mortgage bonds and matures on September 18, 2018. PNM also has the PNM New Mexico Credit Facility, a $50.0 million unsecured revolving credit facility that expires on January 8, 2018. At March 31, 2014, there were no borrowings outstanding under any of these facilities and the weighted average interest rate was 1.01% for borrowings outstanding under the twelve-month PNMR Term Loan Agreement, which matures in December 2014. Short-term debt outstanding consisted of:
|  | March 31, |  | December 31,
Short-term Debt |  | 2014 |  | 2013
|  | (In thousands)
PNM: |  |  |  |
Revolving credit facility |  | $ | — |  |  | $ | 49,200 |
PNM New Mexico Credit Facility |  | — |  |  | — |
TNMP – Revolving credit facility |  | — |  |  | — |
PNMR: |  |  |  |
Revolving credit facility |  | — |  |  | — |
PNMR Term Loan Agreement |  | 100,000 |  |  | 100,000 |
|  | $ | 100,000 |  |  | $ | 149,200 |
At April 25, 2014, PNMR, PNM, and TNMP had $291.4 million, $396.8 million, and $68.7 million of availability under their respective revolving credit facilities, including reductions of availability due to outstanding letters of credit, and PNM had $50.0 million of availability under the PNM New Mexico Credit Facility. Total availability at April 25, 2014, on a consolidated basis, was $806.9 million for PNMR. As of April 25, 2014, TNMP had $41.2 million in borrowings from PNMR under their intercompany loan agreement. At April 25, 2014, PNMR, PNM and TNMP had consolidated invested cash of $2.0 million, $9.3 million, and none.

X
- Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of short-term debt arrangements (having initial terms of repayment within one year or the normal operating cycle, if longer) including: (1) description of the short-term debt arrangement; (2) identification of the lender or type of lender; (3) repayment terms; (4) weighted average interest rate; (5) carrying amount of funds borrowed under the specified short-term debt arrangement as of the balance sheet date; (6) description of the refinancing of a short-term obligation when that obligation is excluded from current liabilities in the balance sheet; and (7) amount of a short-term obligation that has been excluded from current liabilities in the balance sheet because of a refinancing of the obligation. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_ScheduleOfShortTermDebtTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration