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Condensed Consolidated Statements of Earnings - PNM - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Electric Operating Revenues $ 544,077 $ 444,118
Operating Expenses:    
Administrative and general 55,110 55,861
Depreciation and amortization 78,074 75,764
Transmission and distribution costs 22,196 18,466
Taxes other than income taxes 25,562 23,979
Total operating expenses 444,986 376,050
Operating income 99,091 68,068
Other Income and Deductions:    
Interest income 4,843 4,292
Gains (losses) on investment securities 6,442 (26,573)
Other income 3,093 4,330
Other (deductions) (2,493) (2,241)
Net other income and deductions 11,885 (20,192)
Interest Charges 40,923 26,220
Earnings before Income Taxes 70,053 21,656
Income Taxes (Benefits) 9,780 2,438
Net Earnings 60,273 19,218
(Earnings) Attributable to Valencia Non-controlling Interest (5,127) (3,095)
Preferred Stock Dividend Requirements (132) (132)
Net Earnings Available for PNM Common Stock 55,014 15,991
Energy    
Electric Operating Revenues 544,077 444,118
Operating Expenses:    
Energy costs 241,686 168,414
Energy Production    
Operating Expenses:    
Energy costs 22,358 33,566
PNM    
Electric Operating Revenues 430,165 338,709
Operating Expenses:    
Administrative and general 48,973 50,347
Depreciation and amortization 43,686 45,790
Transmission and distribution costs 13,887 11,611
Taxes other than income taxes 13,504 13,565
Total operating expenses 352,261 293,693
Operating income 77,904 45,016
Other Income and Deductions:    
Interest income 4,849 3,133
Gains (losses) on investment securities 6,442 (26,573)
Other income 2,451 3,048
Other (deductions) (1,860) (1,691)
Net other income and deductions 11,882 (22,083)
Interest Charges 18,122 14,572
Earnings before Income Taxes 71,664 8,361
Income Taxes (Benefits) 11,829 823
Net Earnings 59,835 7,538
(Earnings) Attributable to Valencia Non-controlling Interest (5,127) (3,095)
Net Earnings Attributable to PNM 54,708 4,443
Preferred Stock Dividend Requirements (132) (132)
Net Earnings Available for PNM Common Stock 54,576 4,311
PNM | Energy    
Operating Expenses:    
Energy costs 209,853 138,814
PNM | Energy Production    
Operating Expenses:    
Energy costs $ 22,358 $ 33,566