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Accumulated Other Comprehensive Income (Loss)
 3 Months Ended
Mar. 31, 2016
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)

Information regarding accumulated other comprehensive income (loss) for the three months ended March 31, 2016 and 2015 is as follows:
 
Accumulated Other Comprehensive Income (Loss)
 
PNM
 
PNMR
 
Unrealized
 
 
 
 
 
Fair Value
 
 
 
Gains on
 
 
 
 
 
Adjustment
 
 
 
Available-for-
 
Pension
 
 
 
for Cash
 
 
 
Sale
 
Liability
 
 
 
Flow
 
 
 
Securities
 
Adjustment
 
Total
 
Hedges
 
Total
 
(In thousands)
Balance at December 31, 2015
$
17,346

 
$
(88,822
)
 
$
(71,476
)
 
$
44

 
$
(71,432
)
Amounts reclassified from AOCI (pre-tax)
(11,210
)
 
1,376

 
(9,834
)
 
146

 
(9,688
)
Income tax impact of amounts reclassified
4,374

 
(537
)
 
3,837

 
(57
)
 
3,780

 Other OCI changes (pre-tax)
5,458

 
—

 
5,458

 
(1,289
)
 
4,169

Income tax impact of other OCI changes
(2,130
)
 
—

 
(2,130
)
 
503

 
(1,627
)
Net change after income taxes
(3,508
)
 
839

 
(2,669
)
 
(697
)
 
(3,366
)
Balance at March 31, 2016
$
13,838

 
$
(87,983
)
 
$
(74,145
)
 
$
(653
)
 
$
(74,798
)
Balance at December 31, 2014
$
28,008

 
$
(89,763
)
 
$
(61,755
)
 
$
—

 
$
(61,755
)
 Amounts reclassified from AOCI (pre-tax)
(4,172
)
 
1,488

 
(2,684
)
 
—

 
(2,684
)
Income tax impact of amounts reclassified
1,635

 
(583
)
 
1,052

 
—

 
1,052

 Other OCI changes (pre-tax)
6,836

 
—

 
6,836

 
—

 
6,836

Income tax impact of other OCI changes
(2,679
)
 
—

 
(2,679
)
 
—

 
(2,679
)
Net change after income taxes
1,620

 
905

 
2,525

 
—

 
2,525

Balance at March 31, 2015
$
29,628

 
$
(88,858
)
 
$
(59,230
)
 
$
—

 
$
(59,230
)


Pre-tax amounts reclassified from AOCI related to “Unrealized Gains on Available-for-Sale Securities” are included in “Gains on available-for-sale securities” in the Condensed Consolidated Statements of Earnings. Pre-tax amounts reclassified from AOCI related to “Pension Liability Adjustment” are reclassified to “Operating Expenses – Administrative and general” in the Condensed Consolidated Statements of Earnings. For the three months ended March 31, 2016 and 2015, 22.7% and 22.8% of the pension amounts reclassified were capitalized into construction work in process and 2.6% and 2.9% were capitalized into other accounts. Pre-tax amounts reclassified from AOCI related to “Fair Value Adjustment for Cash Flow Hedges” are reclassified to “Interest Charges” in the Condensed Consolidated Statements of Earnings. An insignificant amount was capitalized as AFUDC and capitalized interest. The income tax impacts of all amounts reclassified from AOCI are included in “Income Taxes” in the Condensed Consolidated Statements of Earnings.