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Condensed Consolidated Statements of Earnings (Loss) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Electric Operating Revenues:    
Contracts with customers $ 346,585 $ 322,983
Alternative revenue programs (909) 426
Other electric operating revenue 19,031 10,213
Total electric operating revenues 364,707 333,622
Operating Expenses:    
Administrative and general 59,465 46,032
Depreciation and amortization 69,874 68,973
Transmission and distribution costs 17,317 17,286
Taxes other than income taxes 22,593 21,265
Total operating expenses 321,541 285,884
Operating income 43,166 47,738
Other Income and Deductions:    
Interest income 3,559 3,423
Gains on investment securities 968 (32,849)
Other income 4,252 2,316
Other (deductions) (3,290) (3,473)
Net other income and deductions 5,489 (30,583)
Interest Charges 25,884 30,434
Earnings (Loss) before Income Taxes 22,771 (13,279)
Income Taxes (Benefits) 1,566 (1,880)
Net Earnings (Loss) 21,205 (11,399)
(Earnings) Attributable to Valencia Non-controlling Interest (3,494) (3,729)
Preferred Stock Dividend Requirements of Subsidiary (132) (132)
Net Earnings (Loss) Available for PNM Common Stock $ 17,579 $ (15,260)
Net Earnings (Loss) Attributable to PNMR per Common Share:    
Basic (dollars per share) $ 0.20 $ (0.19)
Diluted (dollars per share) 0.20 (0.19)
Dividends Declared per Common Share (dollars per share) $ 0.3275 $ 0.3075
Cost of energy    
Electric Operating Revenues:    
Total electric operating revenues $ 364,707 $ 333,622
Operating Expenses:    
Energy costs 115,396 98,710
Energy production costs    
Operating Expenses:    
Energy costs 36,896 33,618
PNM    
Electric Operating Revenues:    
Contracts with customers 251,206 235,759
Alternative revenue programs 976 2,161
Other electric operating revenue 19,031 10,213
Total electric operating revenues 271,213 248,133
Operating Expenses:    
Administrative and general 47,134 41,668
Depreciation and amortization 41,949 41,449
Transmission and distribution costs 10,659 10,915
Taxes other than income taxes 12,639 12,354
Total operating expenses 238,163 214,528
Operating income 33,050 33,605
Other Income and Deductions:    
Interest income 3,595 3,496
Gains on investment securities 968 (32,849)
Other income 2,708 1,509
Other (deductions) (2,432) (2,687)
Net other income and deductions 4,839 (30,531)
Interest Charges 12,893 17,629
Earnings (Loss) before Income Taxes 24,996 (14,555)
Income Taxes (Benefits) 2,834 (2,359)
Net Earnings (Loss) 22,162 (12,196)
(Earnings) Attributable to Valencia Non-controlling Interest (3,494) (3,729)
Preferred Stock Dividend Requirements of Subsidiary (132) (132)
Net Earnings (Loss) Attributable to PNMR 18,668 (15,925)
Net Earnings (Loss) Available for PNM Common Stock 18,536 (16,057)
PNM | Cost of energy    
Operating Expenses:    
Energy costs 88,886 74,524
PNM | Energy production costs    
Operating Expenses:    
Energy costs 36,896 33,618
Texas-New Mexico Power Company    
Electric Operating Revenues:    
Contracts with customers 95,379 87,224
Alternative revenue programs (1,885) (1,735)
Other electric operating revenue 0 0
Total electric operating revenues 93,494 85,489
Operating Expenses:    
Administrative and general 12,230 10,773
Depreciation and amortization 22,190 21,836
Transmission and distribution costs 6,658 6,371
Taxes other than income taxes 8,881 7,978
Total operating expenses 76,469 71,144
Operating income 17,025 14,345
Other Income and Deductions:    
Other income 1,386 670
Other (deductions) (324) (109)
Net other income and deductions 1,062 561
Interest Charges 8,475 7,172
Earnings (Loss) before Income Taxes 9,612 7,734
Income Taxes (Benefits) 877 642
Net Earnings (Loss) Attributable to PNMR 8,735 7,092
Texas-New Mexico Power Company | Cost of energy    
Operating Expenses:    
Energy costs $ 26,510 $ 24,186