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Condensed Consolidated Statements of Earnings - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Electric Operating Revenues:        
Contracts with customers $ 481,881 $ 455,120 $ 1,197,359 $ 1,121,177
Alternative revenue programs (9,483) (12,376) (3,156) (7,484)
Other electric operating revenue 82,153 29,721 151,595 50,043
Total electric operating revenues 554,551 472,465 1,345,798 1,163,736
Operating Expenses:        
Administrative and general 56,520 51,611 168,458 148,096
Regulatory disallowances and restructuring costs 436 0 436 0
Depreciation and amortization 71,438 68,400 212,039 207,395
Transmission and distribution costs 19,996 18,742 56,166 54,062
Taxes other than income taxes 22,678 20,768 65,440 62,815
Total operating expenses 402,822 324,660 1,076,700 897,043
Operating income 151,729 147,805 269,098 266,693
Other Income and Deductions:        
Interest income 3,329 3,180 10,466 9,674
Gains on investment securities 1,948 14,401 16,108 3,172
Other income 5,686 7,022 14,592 13,728
Other (deductions) (5,098) (7,361) (13,836) (14,141)
Net other income and deductions 5,865 17,242 27,330 12,433
Interest Charges 23,244 27,263 73,247 88,785
Earnings before Income Taxes 134,350 137,784 223,181 190,341
Income Taxes 16,668 12,331 26,533 14,726
Net Earnings 117,682 125,453 196,648 175,615
(Earnings) Attributable to Valencia Non-controlling Interest (4,229) (3,553) (11,643) (11,222)
Preferred Stock Dividend Requirements of Subsidiary (132) (132) (396) (396)
Net Earnings Available for PNM Common Stock $ 113,321 $ 121,768 $ 184,609 $ 163,997
Net Earnings Attributable to PNMR per Common Share:        
Basic (dollars per share) $ 1.32 $ 1.52 $ 2.14 $ 2.05
Diluted (dollars per share) 1.32 1.52 2.14 2.05
Dividends Declared per Common Share (dollars per share) $ 0.3275 $ 0.3075 $ 0.9825 $ 0.9225
Cost of energy        
Electric Operating Revenues:        
Total electric operating revenues $ 554,551 $ 472,465 $ 1,345,798 $ 1,163,736
Operating Expenses:        
Energy costs 199,380 133,991 467,452 326,564
Energy production costs        
Operating Expenses:        
Energy costs 32,374 31,148 106,709 98,111
PNM        
Electric Operating Revenues:        
Contracts with customers 361,701 341,850 884,559 825,759
Alternative revenue programs (8,331) (7,067) (5,469) (2,377)
Other electric operating revenue 82,153 29,721 151,595 50,043
Total electric operating revenues 435,523 364,504 1,030,685 873,425
Operating Expenses:        
Administrative and general 49,906 45,538 143,176 132,257
Regulatory disallowances and restructuring costs 436 0 436 0
Depreciation and amortization 42,673 40,509 127,111 123,721
Transmission and distribution costs 12,844 12,075 34,906 34,265
Taxes other than income taxes 11,825 10,410 35,411 34,651
Total operating expenses 320,960 247,964 831,305 673,697
Operating income 114,563 116,540 199,380 199,728
Other Income and Deductions:        
Interest income 3,364 3,239 10,376 9,882
Gains on investment securities 1,948 14,401 16,108 3,172
Other income 2,940 2,752 8,232 6,019
Other (deductions) (3,530) (5,590) (10,635) (10,700)
Net other income and deductions 4,722 14,802 24,081 8,373
Interest Charges 12,509 14,747 38,441 51,554
Earnings before Income Taxes 106,776 116,595 185,020 156,547
Income Taxes 15,500 13,591 26,178 16,127
Net Earnings 91,276 103,004 158,842 140,420
(Earnings) Attributable to Valencia Non-controlling Interest (4,229) (3,553) (11,643) (11,222)
Preferred Stock Dividend Requirements of Subsidiary (132) (132) (396) (396)
Net Earnings Attributable to PNMR 87,047 99,451 147,199 129,198
Net Earnings Available for PNM Common Stock 86,915 99,319 146,803 128,802
PNM | Cost of energy        
Operating Expenses:        
Energy costs 170,902 108,284 383,556 250,692
PNM | Energy production costs        
Operating Expenses:        
Energy costs 32,374 31,148 106,709 98,111
Texas-New Mexico Power Company        
Electric Operating Revenues:        
Contracts with customers 120,180 113,270 312,800 295,418
Alternative revenue programs (1,152) (5,309) 2,313 (5,107)
Other electric operating revenue 0 0 0 0
Total electric operating revenues 119,028 107,961 315,113 290,311
Operating Expenses:        
Administrative and general 11,708 11,868 34,960 33,398
Depreciation and amortization 23,031 22,492 67,696 66,696
Transmission and distribution costs 7,152 6,667 21,260 19,797
Taxes other than income taxes 9,817 9,448 26,730 25,249
Total operating expenses 80,186 76,182 234,542 221,012
Operating income 38,842 31,779 80,571 69,299
Other Income and Deductions:        
Other income 2,144 3,546 4,853 6,245
Other (deductions) (1,000) (1,260) (1,602) (1,435)
Net other income and deductions 1,144 2,286 3,251 4,810
Interest Charges 8,403 7,942 25,155 22,475
Earnings before Income Taxes 31,583 26,123 58,667 51,634
Income Taxes 3,642 2,202 6,341 4,447
Net Earnings     52,326 47,187
Net Earnings Attributable to PNMR 27,941 23,921 52,326 47,187
Texas-New Mexico Power Company | Cost of energy        
Operating Expenses:        
Energy costs $ 28,478 $ 25,707 $ 83,896 $ 75,872