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Variable Interest Entities - Schedule of Operations for Valencia (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Dec. 31, 2023
Results of Operations          
Operating revenues $ 488,102 $ 477,156 $ 924,979 $ 1,021,233  
Operating expenses 382,419 384,826 738,706 829,812  
Earnings attributable to non-controlling interest 3,783 3,987 6,827 9,114  
Financial Position          
Current assets 537,654   537,654   $ 475,543
Total assets 10,583,410 9,626,970 10,583,410 9,626,970 10,252,605
Current liabilities 1,138,637   1,138,637   1,230,760
Owners’ equity – non-controlling interest 48,932   48,932   49,958
Public Service Company of New Mexico          
Results of Operations          
Operating revenues 333,671 338,242 641,786 768,407  
Operating expenses 275,580 283,827 532,745 636,088  
Earnings attributable to non-controlling interest 3,783 3,987 6,827 9,114  
Financial Position          
Current assets 436,272   436,272   377,837
Total assets 7,060,151   7,060,151   6,813,065
Current liabilities 668,281   668,281   839,194
Owners’ equity – non-controlling interest 48,932   48,932   49,958
Valencia | Public Service Company of New Mexico          
Results of Operations          
Operating revenues 5,476 6,144 10,665 12,748  
Operating expenses 1,693 2,157 3,838 3,634  
Earnings attributable to non-controlling interest 3,783 $ 3,987 6,827 $ 9,114  
Financial Position          
Current assets 3,664   3,664   3,422
Net property, plant, and equipment 45,832   45,832   47,253
Total assets 49,496   49,496   50,675
Current liabilities 564   564   717
Owners’ equity – non-controlling interest $ 48,932   $ 48,932   $ 49,958