XML 76 R61.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Fair Value of Derivative and Other Financial Instruments - Narrative (Details) |  |  |  | 1 Months Ended | 3 Months Ended | 6 Months Ended | 9 Months Ended | 12 Months Ended |  |
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Mar. 18, 2022 MW | Feb. 17, 2022 MW | Nov. 15, 2015 power_purchase_agreement | Jun. 30, 2022 MW | Sep. 30, 2022 USD ($) MW | Sep. 30, 2021 USD ($) | Dec. 31, 2021 USD ($) power_purchase_agreement MW | Sep. 30, 2022 USD ($) MW | Sep. 30, 2021 USD ($) | Dec. 31, 2021 USD ($) MW power_purchase_agreement | May 31, 2022 MW | Jan. 01, 2018 MW
Debt Securities, Available-for-sale [Line Items] |  |  |  |  |  |  |  |  |  |  |  |
Number of purchase power agreements | power_purchase_agreement |  |  |  |  |  |  | 3 |  |  |  |  |
Number of purchase power agreements, non derivatives | power_purchase_agreement |  |  |  |  |  |  |  |  |  | 2 |  |
Obligations to return cash |  |  |  |  | $ 200,000 |  | $ 900,000 | $ 200,000 |  | $ 900,000 |  |
Contractual liability |  |  |  |  | 20,100,000 |  | 0 | 20,100,000 |  | $ 0 |  |
Cash collateral |  |  |  |  | 0 |  |  | 0 |  |  |  |
Net exposure |  |  |  |  | $ 14,900,000 |  |  | $ 14,900,000 |  |  |  |
PNM |  |  |  |  |  |  |  |  |  |  |  |
Debt Securities, Available-for-sale [Line Items] |  |  |  |  |  |  |  |  |  |  |  |
Expected exposure to market risk (in megawatts) | MW |  |  |  |  | 36 |  |  | 36 |  |  | 50 | 65
Number of purchase power agreements | power_purchase_agreement |  |  | 2 |  |  |  |  |  |  | 3 |  |
Number of megawatts available in purchase power agreement (in megawatts) | MW | 65 | 327 |  | 35 |  |  |  |  |  |  |  |
Amounts recognized for right to reclaim cash |  |  |  |  | $ 0 |  | 0 | $ 0 |  | $ 0 |  |
Cash collateral under margin arrangements |  |  |  |  | 500,000 |  | 500,000 | 500,000 |  | 500,000 |  |
(Increase)/decrease in other than temporary losses of available-for-sale securities, net portion recognized in earnings |  |  |  |  | (7,100,000) | $ 600,000 |  | (28,700,000) | $ 1,200,000 |  |  |
PNM | Commodity derivatives | Designated as Hedging Instrument |  |  |  |  |  |  |  |  |  |  |  |
Debt Securities, Available-for-sale [Line Items] |  |  |  |  |  |  |  |  |  |  |  |
Derivative asset, gross asset |  |  |  |  |  |  | 500,000 |  |  | 500,000 |  |
Other current assets |  |  |  |  | 5,466,000 |  | 684,000 | 5,466,000 |  | 684,000 |  |
Other deferred charges |  |  |  |  | 170,000 |  | 0 | 170,000 |  | 0 |  |
Other deferred credits |  |  |  |  | 2,723,000 |  | 0 | 2,723,000 |  | 0 |  |
Current derivative liability |  |  |  |  | 17,346,000 |  | $ 2,275,000 | 17,346,000 |  | $ 2,275,000 |  |
Total gain |  |  |  |  | $ 100,000 | $ 100,000 |  | $ 100,000 | $ 100,000 |  |  |
PNM | Portfolio One |  |  |  |  |  |  |  |  |  |  |  |
Debt Securities, Available-for-sale [Line Items] |  |  |  |  |  |  |  |  |  |  |  |
Number of megawatts available in purchase power agreement (in megawatts) | MW |  |  |  |  | 125 |  | 85 |  |  | 85 |  |
PNM | Portfolio Three |  |  |  |  |  |  |  |  |  |  |  |
Debt Securities, Available-for-sale [Line Items] |  |  |  |  |  |  |  |  |  |  |  |
Number of megawatts available in purchase power agreement (in megawatts) | MW |  |  |  |  | 40 |  | 40 |  |  | 40 |  |
PNM | Portfolio Two |  |  |  |  |  |  |  |  |  |  |  |
Debt Securities, Available-for-sale [Line Items] |  |  |  |  |  |  |  |  |  |  |  |
Number of megawatts available in purchase power agreement (in megawatts) | MW |  |  |  |  | 35 |  | 150 |  |  | 150 |  |
PNM | Fuel and purchased power costs | Commodity derivatives | Designated as Hedging Instrument |  |  |  |  |  |  |  |  |  |  |  |
Debt Securities, Available-for-sale [Line Items] |  |  |  |  |  |  |  |  |  |  |  |
Other current assets |  |  |  |  |  |  | $ 200,000 |  |  | $ 200,000 |  |
Current derivative liability |  |  |  |  |  |  | 1,800,000 |  |  | 1,800,000 |  |
PNM | Tri-State |  |  |  |  |  |  |  |  |  |  |  |
Debt Securities, Available-for-sale [Line Items] |  |  |  |  |  |  |  |  |  |  |  |
Power to be sold to third party (in megawatts) | MW |  |  |  |  | 100 |  |  | 100 |  |  |  |
PNM | Recurring |  |  |  |  |  |  |  |  |  |  |  |
Debt Securities, Available-for-sale [Line Items] |  |  |  |  |  |  |  |  |  |  |  |
Available-for-sale debt securities |  |  |  |  | $ 376,662,000 |  | 463,126,000 | $ 376,662,000 |  | 463,126,000 |  |
Nuclear Decommissioning Trust | PNM | Recurring |  |  |  |  |  |  |  |  |  |  |  |
Debt Securities, Available-for-sale [Line Items] |  |  |  |  |  |  |  |  |  |  |  |
Available-for-sale debt securities |  |  |  |  | 310,200,000 |  | 394,500,000 | 310,200,000 |  | 394,500,000 |  |
Mine Reclamation Trust | PNM | Recurring |  |  |  |  |  |  |  |  |  |  |  |
Debt Securities, Available-for-sale [Line Items] |  |  |  |  |  |  |  |  |  |  |  |
Available-for-sale debt securities |  |  |  |  | $ 66,500,000 |  | $ 68,600,000 | $ 66,500,000 |  | $ 68,600,000 |  |

X
- Definition Contract With Customer, Cash Collateral + References No definition available. + Details
Name: | pnm_ContractWithCustomerCashCollateral
Namespace Prefix: | pnm_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Contract With Customer, Liability, Net Exposure + References No definition available. + Details
Name: | pnm_ContractWithCustomerLiabilityNetExposure
Namespace Prefix: | pnm_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition (Increase)/Decrease In Other Than Temporary Losses, Investments, Portion Recognized in Earnings, Net, Available-for-sale Securities + References No definition available. + Details
Name: | pnm_IncreaseDecreaseInOtherThanTemporaryLossesInvestmentsPortionRecognizedinEarningsNetAvailableforsaleSecurities
Namespace Prefix: | pnm_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Number Of Purchase Power Agreements + References No definition available. + Details
Name: | pnm_NumberOfPurchasePowerAgreements
Namespace Prefix: | pnm_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Number Of Purchase Power Agreements, Non Derivatives + References No definition available. + Details
Name: | pnm_NumberOfPurchasePowerAgreementsNonDerivatives
Namespace Prefix: | pnm_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Public Utilities, Concentration Risk, Amount To Sell Due To Agreement + References No definition available. + Details
Name: | pnm_PublicUtilitiesConcentrationRiskAmountToSellDueToAgreement
Namespace Prefix: | pnm_
Data Type: | dtr-types:powerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Public Utilities, Concentration Risk, Potential Market Risk + References No definition available. + Details
Name: | pnm_PublicUtilitiesConcentrationRiskPotentialMarketRisk
Namespace Prefix: | pnm_
Data Type: | dtr-types:powerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Public Utilities, Number Of Megawatts Available In Purchase Power Agreement + References No definition available. + Details
Name: | pnm_PublicUtilitiesNumberOfMegawattsAvailableInPurchasePowerAgreement
Namespace Prefix: | pnm_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(6)) -URI https://asc.fasb.org/extlink&oid=126897435&loc=d3e534808-122878 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 30 -Section 45 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=124258926&loc=SL82898722-210454 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 45 -Paragraph 1 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=124260329&loc=d3e26610-111562 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (aa) -URI https://asc.fasb.org/extlink&oid=126970911&loc=d3e27161-111563 + Details
Name: | us-gaap_AvailableForSaleSecuritiesDebtSecurities
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of obligation to transfer good or service to customer for which consideration has been received or is receivable. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 45 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=126919976&loc=SL49130531-203044 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 8 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130549-203045 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 45 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=126919976&loc=SL49130532-203044 + Details
Name: | us-gaap_ContractWithCustomerLiability
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Fair value, after the effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset, expected to be settled within one year or normal operating cycle, if longer. Includes assets not subject to a master netting arrangement and not elected to be offset. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 + Details
Name: | us-gaap_DerivativeAssetsCurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Fair value, after the effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset, expected to be settled after one year or the normal operating cycle, if longer. Includes assets not subject to a master netting arrangement and not elected to be offset. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 + Details
Name: | us-gaap_DerivativeAssetsNoncurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of obligation to return cash collateral under master netting arrangements that have not been offset against derivative assets. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 20 -URI https://asc.fasb.org/extlink&oid=99393222&loc=SL20226038-175313 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 13 -URI https://asc.fasb.org/extlink&oid=99393222&loc=SL20226016-175313 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (d)(2) -URI https://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 8 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=125515794&loc=d3e41678-113959 + Details
Name: | us-gaap_DerivativeCollateralObligationToReturnCash
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of right to receive cash collateral under master netting arrangements that have not been offset against derivative liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 13 -URI https://asc.fasb.org/extlink&oid=99393222&loc=SL20226016-175313 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 20 -URI https://asc.fasb.org/extlink&oid=99393222&loc=SL20226038-175313 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 8 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=125515794&loc=d3e41678-113959 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (d)(2) -URI https://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 + Details
Name: | us-gaap_DerivativeCollateralRightToReclaimCash
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Fair value, before effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets elected not to be offset. Excludes assets not subject to a master netting arrangement. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=99393222&loc=SL20226052-175313 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 7 -URI https://asc.fasb.org/extlink&oid=99393222&loc=SL20226000-175313 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 20 -Section 50 -Paragraph 4D -Subparagraph (c)(2) -URI https://asc.fasb.org/extlink&oid=121570589&loc=SL51823488-111719 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Subparagraph (a),(c) -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624163-113959 + Details
Name: | us-gaap_DerivativeFairValueOfDerivativeAsset
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of increase (decrease) in the fair value of derivatives recognized in the income statement. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b)(1) -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5618551-113959 + Details
Name: | us-gaap_DerivativeGainLossOnDerivativeNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset, expected to be settled within one year or normal operating cycle, if longer. Includes assets not subject to a master netting arrangement and not elected to be offset. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 + Details
Name: | us-gaap_DerivativeLiabilitiesCurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset, expected to be settled after one year or the normal operating cycle, if longer. Includes assets not subject to a master netting arrangement and not elected to be offset. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 + Details
Name: | us-gaap_DerivativeLiabilitiesNoncurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The amount of cash or securities placed with a broker or counterparty as security for a trading or derivatives securities position which was partially obtained with funds provided by the broker dealer. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(17)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_MarginDepositAssets
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | dei_LegalEntityAxis=pnm_PublicServiceCompanyOfNewMexicoMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_CommodityContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_HedgingDesignationAxis=us-gaap_DesignatedAsHedgingInstrumentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | pnm_ScheduleOfRegulatoryRateMattersAxis=pnm_PortfolioOneMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | pnm_ScheduleOfRegulatoryRateMattersAxis=pnm_PortfolioThreeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | pnm_ScheduleOfRegulatoryRateMattersAxis=pnm_PortfolioTwoMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | pnm_ScheduleOfRegulatoryRateMattersAxis=pnm_FuelAndPurchasedPowerAdjustmentClauseMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CounterpartyNameAxis=pnm_TriStateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByMeasurementFrequencyAxis=us-gaap_FairValueMeasurementsRecurringMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancialInstrumentAxis=pnm_NuclearDecommissioningTrustMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancialInstrumentAxis=pnm_MineReclamationTrustMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |