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Variable Interest Entities (Details)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
USD ($)
MW
Jun. 30, 2020
USD ($)
Jun. 30, 2021
USD ($)
MW
Jun. 30, 2020
USD ($)
Dec. 31, 2020
USD ($)
Jan. 31, 2016
USD ($)
Results of Operations            
Operating revenues $ 426,540 $ 357,649 $ 791,247 $ 691,271    
Operating expenses 352,337 286,499 673,878 572,383    
Earnings attributable to non-controlling interest 3,920 3,940 7,414 7,669    
Financial Position            
Current assets 391,893   391,893   $ 377,479  
Assets 8,120,469 7,574,467 8,120,469 7,574,467 7,939,854  
Current liabilities 636,467   636,467   977,662  
Owners’ equity – non-controlling interest 57,167   57,167   59,009  
PNM            
Results of Operations            
Operating revenues 323,949 260,788 595,162 508,921    
Operating expenses 272,182 211,204 510,345 425,733    
Earnings attributable to non-controlling interest 3,920 3,940 7,414 7,669    
Financial Position            
Current assets 344,305   344,305   322,128  
Assets 5,656,515   5,656,515   5,581,033  
Current liabilities 469,415   469,415   594,332  
Owners’ equity – non-controlling interest 57,167   57,167   59,009  
PNM | Valencia            
Variable Interest Entity [Line Items]            
Payment for fixed costs 5,000 5,000 10,000 10,000    
Payment for variable costs 600 500 $ 800 900    
Long-term contract option to purchase, ownership percentage (up to)     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 5,579 5,495 $ 10,706 10,848    
Operating expenses 1,659 1,555 3,292 3,179    
Earnings attributable to non-controlling interest 3,920 $ 3,940 7,414 $ 7,669    
Financial Position            
Current assets 3,633   3,633   3,911  
Net property, plant, and equipment 54,325   54,325   55,744  
Assets 57,958   57,958   59,655  
Current liabilities 791   791   646  
Owners’ equity – non-controlling interest $ 57,167   $ 57,167   $ 59,009  
PNM | Purchased through May 2028 | Valencia            
Variable Interest Entity [Line Items]            
Number of megawatts purchased (in megawatts) | MW 155   155      
NM Capital | San Juan Generating Station | Coal supply            
Variable Interest Entity [Line Items]            
Cash used to support bank letter or credit arrangement $ 30,300   $ 30,300     $ 30,300