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Variable Interest Entities - Schedule of Operations for Valencia (Details) - USD ($) $ in Thousands | 3 Months Ended |
--- | --- | ---
Mar. 31, 2024 | Mar. 31, 2023 | Dec. 31, 2023
Results of Operations |  |  |
Electric Operating Revenues | $ 436,877 | $ 544,077 |
Operating expenses | 356,287 | 444,986 |
Earnings attributable to non-controlling interest | 3,044 | 5,127 |
Financial Position |  |  |
Current assets | 407,843 |  | $ 475,543
Assets | 10,257,653 | 9,353,136 | 10,252,605
Total current liabilities | 1,107,128 |  | 1,230,760
Non-controlling interest in Valencia | 48,999 |  | 49,958
Public Service Company of New Mexico |  |  |
Results of Operations |  |  |
Electric Operating Revenues | 308,115 | 430,165 |
Operating expenses | 257,165 | 352,261 |
Earnings attributable to non-controlling interest | 3,044 | 5,127 |
Financial Position |  |  |
Current assets | 335,426 |  | 377,837
Assets | 6,878,575 |  | 6,813,065
Total current liabilities | 855,327 |  | 839,194
Non-controlling interest in Valencia | 48,999 |  | 49,958
Valencia | Public Service Company of New Mexico |  |  |
Results of Operations |  |  |
Electric Operating Revenues | 5,189 | 6,604 |
Operating expenses | 2,145 | 1,477 |
Earnings attributable to non-controlling interest | 3,044 | $ 5,127 |
Financial Position |  |  |
Current assets | 3,265 |  | 3,422
Net property, plant, and equipment | 46,543 |  | 47,253
Assets | 49,808 |  | 50,675
Total current liabilities | 809 |  | 717
Non-controlling interest in Valencia | $ 48,999 |  | $ 49,958

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