Related Party Transactions

3 Months Ended

Mar. 31, 2016

PNMR, PNM, and TNMP are considered related parties as defined under GAAP. PNMR Services Company provides corporate services to PNMR and its subsidiaries in accordance with shared services agreements. The table below summarizes the nature and amount of related party transactions of PNMR, PNM, and TNMP:



	Three Months Ended
	March 31,
	2016		2015
	(In thousands)
Services billings:
PNMR to PNM	$	22,734	$	22,727
PNMR to TNMP	7,048		7,078
PNM to TNMP	106		92
TNMP to PNMR	10		10
Interest billings:
PNMR to TNMP	50		79
PNMR to PNM	—		6
PNM to PNMR	36		29
Income tax sharing payments:
PNMR to PNM	—		—
PNMR to TNMP	—		—

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

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