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Condensed Consolidated Statements of Earnings (Loss) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Electric Operating Revenues:        
Contracts with customers $ 368,893 $ 343,075 $ 715,478 $ 666,057
Alternative revenue programs 7,236 4,466 6,327 4,892
Other electric operating revenue 50,411 10,108 69,442 20,322
Total electric operating revenues 426,540 357,649 791,247 691,271
Operating Expenses:        
Administrative and general 52,473 50,453 111,938 96,485
Depreciation and amortization 70,727 70,022 140,601 138,995
Transmission and distribution costs 18,853 18,034 36,170 35,320
Taxes other than income taxes 20,169 20,782 42,762 42,047
Total operating expenses 352,337 286,499 673,878 572,383
Operating income 74,203 71,150 117,369 118,888
Other Income and Deductions:        
Interest income 3,578 3,071 7,137 6,494
Gains (losses) on investment securities 13,192 21,620 14,160 (11,229)
Other income 4,654 4,390 8,906 6,706
Other (deductions) (5,448) (3,307) (8,738) (6,780)
Net other income and deductions 15,976 25,774 21,465 (4,809)
Interest Charges 24,119 31,088 50,003 61,522
Earnings before Income Taxes 66,060 65,836 88,831 52,557
Income Taxes 8,299 4,275 9,865 2,395
Net Earnings 57,761 61,561 78,966 50,162
(Earnings) Attributable to Valencia Non-controlling Interest (3,920) (3,940) (7,414) (7,669)
Preferred Stock Dividend Requirements of Subsidiary (132) (132) (264) (264)
Net Earnings Available for PNM Common Stock $ 53,709 $ 57,489 $ 71,288 $ 42,229
Net Earnings Attributable to PNMR per Common Share:        
Basic (dollars per share) $ 0.62 $ 0.72 $ 0.83 $ 0.53
Diluted (dollars per share) 0.62 0.72 0.83 0.53
Dividends Declared per Common Share (dollars per share) $ 0.3275 $ 0.3080 $ 0.6550 $ 0.6150
Cost of energy        
Electric Operating Revenues:        
Total electric operating revenues $ 426,540 $ 357,649 $ 791,247 $ 691,271
Operating Expenses:        
Energy costs 152,676 93,863 268,072 192,573
Energy production costs        
Operating Expenses:        
Energy costs 37,439 33,345 74,335 66,963
PNM        
Electric Operating Revenues:        
Contracts with customers 271,652 248,151 522,858 483,909
Alternative revenue programs 1,886 2,529 2,862 4,690
Other electric operating revenue 50,411 10,108 69,442 20,322
Total electric operating revenues 323,949 260,788 595,162 508,921
Operating Expenses:        
Administrative and general 46,136 45,051 93,270 86,719
Depreciation and amortization 42,489 41,763 84,438 83,212
Transmission and distribution costs 11,403 11,275 22,062 22,190
Taxes other than income taxes 10,947 11,886 23,586 24,241
Total operating expenses 272,182 211,204 510,345 425,733
Operating income 51,767 49,584 84,817 83,188
Other Income and Deductions:        
Interest income 3,417 3,147 7,012 6,643
Gains (losses) on investment securities 13,192 21,620 14,160 (11,229)
Other income 2,584 1,758 5,292 3,267
Other (deductions) (4,673) (2,424) (7,105) (5,110)
Net other income and deductions 14,520 24,101 19,359 (6,429)
Interest Charges 13,039 19,178 25,932 36,807
Earnings before Income Taxes 53,248 54,507 78,244 39,952
Income Taxes 7,844 4,895 10,678 2,536
Net Earnings 45,404 49,612 67,566 37,416
(Earnings) Attributable to Valencia Non-controlling Interest (3,920) (3,940) (7,414) (7,669)
Preferred Stock Dividend Requirements of Subsidiary (132) (132) (264) (264)
Net Earnings Attributable to PNMR 41,484 45,672 60,152 29,747
Net Earnings Available for PNM Common Stock 41,352 45,540 59,888 29,483
PNM | Cost of energy        
Operating Expenses:        
Energy costs 123,768 67,884 212,654 142,408
PNM | Energy production costs        
Operating Expenses:        
Energy costs 37,439 33,345 74,335 66,963
Texas-New Mexico Power Company        
Electric Operating Revenues:        
Contracts with customers 97,241 94,924 192,620 182,148
Alternative revenue programs 5,350 1,937 3,465 202
Other electric operating revenue 0 0 0 0
Total electric operating revenues 102,591 96,861 196,085 182,350
Operating Expenses:        
Administrative and general 11,022 10,757 23,252 21,530
Depreciation and amortization 22,475 22,368 44,665 44,204
Transmission and distribution costs 7,450 6,759 14,108 13,130
Taxes other than income taxes 8,032 7,823 16,913 15,801
Total operating expenses 77,887 73,686 154,356 144,830
Operating income 24,704 23,175 41,729 37,520
Other Income and Deductions:        
Other income 1,323 2,029 2,709 2,699
Other (deductions) (278) (66) (602) (175)
Net other income and deductions 1,045 1,963 2,107 2,524
Interest Charges 8,277 7,361 16,752 14,533
Earnings before Income Taxes 17,472 17,777 27,084 25,511
Income Taxes 1,822 1,603 2,699 2,245
Net Earnings Attributable to PNMR 15,650 16,174 24,385 23,266
Texas-New Mexico Power Company | Cost of energy        
Operating Expenses:        
Energy costs $ 28,908 $ 25,979 $ 55,418 $ 50,165