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Equity Method Investment (Tables)
12 Months Ended
Dec. 31, 2020
Equity Method Investments and Joint Ventures [Abstract]  
Marketable Securities PNMR presents its share of net earnings from NMRD in other income on the Consolidated Statements of Earnings. Summarized financial information for NMRD is as follows:
December 31,
202020192018
(In thousands)
Operating revenues
$10,366 $3,662 $3,147 
Operating expenses7,476 2,971 2,136 
Net earnings
$2,890 $691 $1,011 
Financial Position

December 31,
20202019
(In thousands)
Current assets$8,046 $7,187 
Net property, plant, and equipment172,585 132,772 
Non-current assets1,900 — 
Total assets
182,531 139,959 
Current liabilities841 9,640 
Non-current liabilities$380 $— 
Owners’ equity
$181,310 $130,319