XML 77 R62.htm IDEA: XBRL DOCUMENT v3.23.3
Fair Value of Derivative and Other Financial Instruments - Narrative (Details)
3 Months Ended 6 Months Ended 9 Months Ended
Sep. 30, 2023
USD ($)
MW
Sep. 30, 2022
USD ($)
Jun. 30, 2022
MW
power_purchase_agreement
Sep. 30, 2023
USD ($)
MW
Sep. 30, 2022
USD ($)
Dec. 31, 2022
USD ($)
May 31, 2022
MW
Jan. 01, 2018
MW
Debt Securities, Available-for-sale [Line Items]                
Number of purchase power agreements, non derivatives | power_purchase_agreement     2          
Obligations to return cash           $ 200,000    
PNM                
Debt Securities, Available-for-sale [Line Items]                
Number of purchase power agreements | power_purchase_agreement     3          
Expected exposure to market risk (in megawatts) | MW 36     36     50 65
Amounts recognized for right to reclaim cash $ 0     $ 0   0    
Cash collateral under margin arrangements 1,000,000     1,000,000   10,500,000    
(Increase)/decrease in other than temporary losses of available-for-sale securities, net portion recognized in earnings (600,000) $ (7,100,000)   2,800,000 $ (28,700,000)      
PNM | Commodity derivatives | Designated as Hedging Instrument                
Debt Securities, Available-for-sale [Line Items]                
Other current assets 603,000     603,000   9,780,000    
Current derivative liability $ 3,514,000     $ 3,514,000   19,209,000    
PNM | Portfolio One                
Debt Securities, Available-for-sale [Line Items]                
Number of megawatts available in purchase power agreement (in megawatts) | MW 85   85          
PNM | Portfolio Two                
Debt Securities, Available-for-sale [Line Items]                
Number of megawatts available in purchase power agreement (in megawatts) | MW     40 375        
PNM | Portfolio Three                
Debt Securities, Available-for-sale [Line Items]                
Number of megawatts available in purchase power agreement (in megawatts) | MW     150          
PNM | Fuel and purchased power costs | Commodity derivatives | Designated as Hedging Instrument                
Debt Securities, Available-for-sale [Line Items]                
Other current assets           9,800,000    
Current derivative liability           19,200,000    
PNM | Tri-State                
Debt Securities, Available-for-sale [Line Items]                
Power to be sold to third party (in megawatts) | MW             100  
PNM | Recurring                
Debt Securities, Available-for-sale [Line Items]                
Available-for-sale debt securities $ 421,377,000     $ 421,377,000   417,476,000    
Nuclear Decommissioning Trust | PNM | Recurring                
Debt Securities, Available-for-sale [Line Items]                
Available-for-sale debt securities 334,000,000     334,000,000   325,300,000    
SJGS Decommissioning Trust | PNM | Recurring                
Debt Securities, Available-for-sale [Line Items]                
Available-for-sale debt securities 15,300,000     15,300,000   14,700,000    
Mine Reclamation Trust | PNM | Recurring                
Debt Securities, Available-for-sale [Line Items]                
Available-for-sale debt securities $ 72,100,000     $ 72,100,000   $ 77,500,000