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Financing (Tables) | 12 Months Ended
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Dec. 31, 2018
Debt Disclosure [Abstract] |
Schedule of Maturities of Long-term Debt | Information concerning the funding dates, maturities and interest rates on the TNMP 2019 Bonds to be issued in March 2019 and on or before July 1, 2019 is as follows:
Scheduled Funding Date |  | Maturity Date |  | Principal Amount |  | Interest Rate
|  |  |  | (In millions) |  |
March 29, 2019 |  | March 29, 2034 |  | $ | 75.0 |  |  | 3.79 | %
March 29, 2019 |  | March 29, 2039 |  | 75.0 |  | 3.92 | %
March 29, 2019 |  | March 29, 2044 |  | 75.0 |  | 4.06 | %
|  |  |  | 225.0 |  |  |
July 1, 2019 |  | July 1, 2029 |  | 80.0 |  |  | 3.60 | %
|  |  |  | $ | 305.0 |  |  |
Reflecting mandatory tender dates, but excluding the impact of the refinancings under the PNM 2019 Term Loan and the TNMP 2019 Bond Purchase Agreement discussed above, long-term debt maturities as of December 31, 2018 are follows:
| PNMR |  | PNM |  | TNMP |  | PNMR Consolidated
| (In thousands)
2019 | $ | — |  |  | $ | 200,000 |  |  | $ | 172,302 |  |  | $ | 372,302 |
2020 | 140,000 |  |  | 100,345 |  |  | 35,000 |  |  | 275,345 |
2021 | 300,000 |  |  | 306,000 |  |  | — |  |  | 606,000 |
2022 | — |  |  | 57,000 |  |  | — |  |  | 57,000 |
2023 | — |  |  | 55,000 |  |  | — |  |  | 55,000 |
Thereafter | — |  |  | 947,500 |  |  | 353,198 |  |  | 1,300,698 |
Total | $ | 440,000 |  |  | $ | 1,665,845 |  |  | $ | 560,500 |  |  | $ | 2,666,345 |
Schedule of Short-term Debt | Short-term debt outstanding consists of:
|  | December 31,
Short-term Debt |  | 2018 |  | 2017
|  | (In thousands)
PNM: |  |  |  |
PNM Revolving Credit Facility |  | $ | 32,400 |  |  | $ | 39,800 |
PNM 2017 New Mexico Credit Facility |  | 10,000 |  |  | — |
|  | 42,400 |  |  | 39,800 |
TNMP Revolving Credit Facility |  | 17,500 |  |  | — |
PNMR: |  |  |  |
PNMR Revolving Credit Facility |  | 20,000 |  |  | 165,600 |
PNMR One-Year Term Loans(1) |  | 150,000 |  |  | 100,000 |
PNMR Development Revolving Credit Facility |  | 6,000 |  |  | — |
|  | $ | 235,900 |  |  | $ | 305,400 |
Schedule of Long-term Debt Instruments | Information concerning long-term debt outstanding and unamortized (premiums), discounts, and debt issuance costs is as follows:
|  | December 31, 2018 |  | December 31, 2017
|  | Principal |  | Unamortized Discounts, (Premiums), and Issuance Costs, net |  | Principal |  | Unamortized Discounts, (Premiums), and Issuance Costs, net
|  | (In thousands)
PNM Debt |  |  |  |  |  |  |  |
Senior Unsecured Notes, Pollution Control Revenue Bonds: |  |  |  |  |  |  |  |
1.875% due April 2033, mandatory tender - October 1, 2021 |  | $ | 146,000 |  |  | $ | 1,022 |  |  | $ | 146,000 |  |  | $ | 1,383 |
6.25% due January 2038 |  | 36,000 |  |  | 216 |  |  | 36,000 |  |  | 228 |
2.125% due June 2040, mandatory tender - June 1, 2022 |  | 37,000 |  |  | 314 |  |  | 37,000 |  |  | 404 |
5.20% due June 2040, mandatory tender - June 1, 2020 |  | 40,045 |  |  | 62 |  |  | 40,045 |  |  | 105 |
5.90% due June 2040 |  | 255,000 |  |  | 1,950 |  |  | 255,000 |  |  | 2,040 |
6.25% due June 2040 |  | 11,500 |  |  | 88 |  |  | 11,500 |  |  | 92 |
2.45% due September 2042, mandatory tender - June 1, 2022 |  | 20,000 |  |  | 119 |  |  | 20,000 |  |  | 153 |
2.40% due June 2043, mandatory tender - June 1, 2020 |  | 39,300 |  |  | 146 |  |  | 39,300 |  |  | 243 |
5.20% due June 2043, mandatory tender - June 1, 2020 |  | 21,000 |  |  | 31 |  |  | 21,000 |  |  | 53 |
Senior Unsecured Notes: |  |  |  |  |  |  |  |
7.95% due May 2018 |  | — |  |  | — |  |  | 350,000 |  |  | 272 |
7.50% due August 2018 |  | — |  |  | — |  |  | 100,025 |  |  | 73 |
5.35% due October 2021 |  | 160,000 |  |  | 455 |  |  | 160,000 |  |  | 617 |
3.15% due May 2023 |  | 55,000 |  |  | 338 |  |  | — |  |  | — |
3.45% due May 2025 |  | 104,000 |  |  | 666 |  |  | — |  |  | — |
3.85% due August 2025 |  | 250,000 |  |  | 1,974 |  |  | 250,000 |  |  | 2,274 |
3.68% due May 2028 |  | 88,000 |  |  | 581 |  |  | — |  |  | — |
3.78% due August 2028 |  | 15,000 |  |  | 101 |  |  | — |  |  | — |
3.93% due May 2033 |  | 38,000 |  |  | 256 |  |  | — |  |  | — |
4.22% due May 2038 |  | 45,000 |  |  | 307 |  |  | — |  |  | — |
4.50% due May 2048 |  | 20,000 |  |  | 138 |  |  | — |  |  | — |
4.60% due August 2048 |  | 85,000 |  |  | 590 |  |  | — |  |  | — |
PNM 2017 Term Loan due January 2019 |  | 200,000 |  |  | 1 |  |  | 200,000 |  |  | 23 |
|  | 1,665,845 |  |  | 9,355 |  |  | 1,665,870 |  |  | 7,960 |
Less current maturities |  | — |  |  | — |  |  | 25 |  |  | 2 |
|  | 1,665,845 |  |  | 9,355 |  |  | 1,665,845 |  |  | 7,958 |
|  | December 31, 2018 |  | December 31, 2017
|  | Principal |  | Unamortized Discounts, (Premiums), and Issuance Costs, net |  | Principal |  | Unamortized Discounts, (Premiums), and Issuance Costs, net
|  | (In thousands)
TNMP Debt |  |  |  |  |  |  |  |
First Mortgage Bonds: |  |  |  |  |  |  |  |
9.50% due April 2019 |  | 172,302 |  |  | 206 |  |  | 172,302 |  |  | 1,032 |
6.95% due April 2043 |  | 93,198 |  |  | (17,347 | ) |  | 93,198 |  |  | (18,057 | )
4.03% due July 2024 |  | 80,000 |  |  | 580 |  |  | 80,000 |  |  | 686 |
3.53% due February 2026 |  | 60,000 |  |  | 585 |  |  | 60,000 |  |  | 667 |
3.22% due August 2027 |  | 60,000 |  |  | 494 |  |  | 60,000 |  |  | 552 |
3.85% due June 2028 |  | 60,000 |  |  | 584 |  |  | — |  |  | — |
TNMP 2018 Term Loan due July 2020 |  | 35,000 |  |  | — |  |  | — |  |  | — |
|  | 560,500 |  |  | (14,898 | ) |  | 465,500 |  |  | (15,120 | )
Less current maturities |  | — |  |  | — |  |  | — |  |  | — |
|  | 560,500 |  |  | (14,898 | ) |  | 465,500 |  |  | (15,120 | )
PNMR Debt |  |  |  |  |  |  |  |
PNMR 2015 Term Loan due March 2018 |  | — |  |  | — |  |  | 150,000 |  |  | 12 |
BTMU Term Loan |  | — |  |  | — |  |  | 50,137 |  |  | 1,001 |
PNMR 2016 Two-Year Term Loan due December 2018 |  | — |  |  | — |  |  | 100,000 |  |  | 9 |
PNMR 3.25% 2018 SUNs due March 2021 |  | 300,000 |  |  | 1,690 |  |  | — |  |  | — |
PNMR Development Term Loan due November 2020 |  | 90,000 |  |  | 88 |  |  | — |  |  | — |
PNMR 2018 Two-Year Term Loan due December 2020 |  | 50,000 |  |  | — |  |  | — |  |  | — |
|  | 440,000 |  |  | 1,778 |  |  | 300,137 |  |  | 1,022 |
Less current maturities |  | — |  |  | — |  |  | 257,268 |  |  | 396 |
|  | 440,000 |  |  | 1,778 |  |  | 42,869 |  |  | 626 |
Total Consolidated PNMR Debt |  | 2,666,345 |  |  | (3,765 | ) |  | 2,431,507 |  |  | (6,138 | )
Less current maturities |  | — |  |  | — |  |  | 257,293 |  |  | 398 |
|  | $ | 2,666,345 |  |  | $ | (3,765 | ) |  | $ | 2,174,214 |  |  | $ | (6,536 | )

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