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Condensed Consolidated Statements of Earnings - PNMR - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Electric Operating Revenues $ 488,102 $ 477,156 $ 924,979 $ 1,021,233
Operating Expenses:        
Administrative and general 59,581 54,039 115,008 109,149
Regulatory disallowances 0 3,731 4,459 3,731
Depreciation and amortization 94,413 79,139 187,600 157,213
Transmission and distribution costs 25,051 25,465 47,815 47,661
Taxes other than income taxes 24,084 24,401 50,018 49,963
Total operating expenses 382,419 384,826 738,706 829,812
Operating income (loss) 105,683 92,330 186,273 191,421
Other Income and Deductions:        
Interest income 4,470 5,359 9,050 10,202
Gains on investment securities 558 3,777 18,556 10,219
Other income 7,688 5,600 12,599 8,693
Other (deductions) (1,636) (3,515) (18,158) (6,008)
Net other income and deductions 11,080 11,221 22,047 23,106
Interest Charges 55,828 45,899 109,590 86,822
Earnings before Income Taxes 60,935 57,652 98,730 127,705
Income Taxes (Benefits) 8,971 8,229 (3,600) 18,009
Net Earnings 51,964 49,423 102,330 109,696
(Earnings) Attributable to Valencia Non-controlling Interest (3,783) (3,987) (6,827) (9,114)
Preferred Stock Dividend Requirements of Subsidiary (132) (132) (264) (264)
Net Earnings Available for PNM Common Stock $ 48,049 $ 45,304 $ 95,239 $ 100,318
Net Earnings Attributable to PNMR per Common Share:        
Basic (in dollars per share) $ 0.53 $ 0.53 $ 1.05 $ 1.17
Diluted (in dollars per share) 0.53 0.53 1.05 1.16
Dividends Declared per Common Share (in dollars per share) $ 0.3875 $ 0.3675 $ 0.7750 $ 0.7350
Energy        
Electric Operating Revenues $ 488,102 $ 477,156 $ 924,979 $ 1,021,233
Operating Expenses:        
Energy costs 154,706 172,452 287,010 414,138
Energy Production        
Operating Expenses:        
Energy costs $ 24,584 $ 25,599 $ 46,796 $ 47,957