XML 62 R39.htm IDEA: XBRL DOCUMENT v3.7.0.1
Variable Interest Entities (Details)
 3 Months Ended 6 Months Ended
Jan. 31, 2016
USD ($)
Jun. 30, 2017
USD ($)
MW
Jun. 30, 2016
USD ($)
Jun. 30, 2017
USD ($)
MW
Jun. 30, 2016
USD ($)
Jul. 25, 2017
USD ($)
Dec. 31, 2016
USD ($)
Results of Operations              
Earnings attributable to non-controlling interest   $ 3,544,000 $ 3,744,000 $ 6,996,000 $ 7,031,000    
Financial Position              
Current assets   353,587,000   353,587,000     $ 378,039,000
Total assets   6,584,445,000 6,360,456,000 6,584,445,000 6,360,456,000   6,471,080,000
Current liabilities   766,570,000   766,570,000     805,108,000
Owners’ equity – non-controlling interest   68,185,000   68,185,000     68,920,000
PNM              
Results of Operations              
Earnings attributable to non-controlling interest   3,544,000 3,744,000 6,996,000 7,031,000    
Financial Position              
Current assets   308,842,000   308,842,000     314,245,000
Total assets   4,939,407,000   4,939,407,000     4,867,546,000
Current liabilities   235,338,000   235,338,000     457,361,000
Owners’ equity – non-controlling interest   68,185,000   68,185,000     68,920,000
PNM | Valencia              
Variable Interest Entity [Line Items]              
Payment for fixed costs   4,900,000 4,800,000 9,800,000 9,600,000    
Payment for variable costs   200,000 400,000 $ 300,000 600,000    
Long-term contract option to purchase, ownership percentage       50.00%      
Long-term contract option to purchase, purchase price - percentage of adjusted NBV       50.00%      
Long-term contract option to purchase, purchase price - percentage of FMV       50.00%      
Results of Operations              
Operating revenues   5,094,000 5,248,000 $ 10,021,000 10,185,000    
Operating expenses   (1,550,000) (1,504,000) (3,025,000) (3,154,000)    
Earnings attributable to non-controlling interest   3,544,000 $ 3,744,000 6,996,000 $ 7,031,000    
Financial Position              
Current assets   3,322,000   3,322,000     2,551,000
Net property, plant, and equipment   65,528,000   65,528,000     66,947,000
Total assets   68,850,000   68,850,000     69,498,000
Current liabilities   665,000   665,000     578,000
Owners’ equity – non-controlling interest   $ 68,185,000   $ 68,185,000     $ 68,920,000
PNM | Valencia | Purchased through May 2028              
Variable Interest Entity [Line Items]              
Number of megawatts purchased (in megawatts) | MW   158   158      
NM Capital | San Juan Generating Station | Coal supply              
Variable Interest Entity [Line Items]              
Loan agreement among several entities $ 125,000,000.0            
Cash used to support bank letter or credit arrangement 30,300,000 $ 30,300,000   $ 30,300,000      
NM Capital | San Juan Coal Company, Westmoreland | Coal supply              
Variable Interest Entity [Line Items]              
Loan receivable $ 125,000,000 75,800,000   75,800,000      
Interest receivable   1,300,000   1,300,000      
Scheduled principal payment proceeds   9,600,000   9,600,000      
Scheduled interest payment proceeds   $ 2,000,000   $ 2,000,000      
Unaffiliated third party | San Juan Coal Company, Westmoreland | Coal supply | Subsequent event              
Variable Interest Entity [Line Items]              
Amount held in a restricted bank account           $ 11,600,000