Related Party Transactions

9 Months Ended

Sep. 30, 2015

PNMR, PNM, and TNMP are considered related parties as defined under GAAP. PNMR Services Company provides corporate services to PNMR and its subsidiaries in accordance with shared services agreements. The table below summarizes the nature and amount of related party transactions of PNMR, PNM, and TNMP:



	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2015		2014		2015		2014
	(In thousands)
Services billings:
PNMR to PNM	$	21,894	$	20,813	$	65,961	$	64,069
PNMR to TNMP	6,707		6,471		20,366		20,695
PNM to TNMP	136		142		424		402
TNMP to PNMR	—		20		—		21
Interest billings:
PNMR to TNMP	34		65		167		245
PNMR to PNM	10		1		38		55
PNM to PNMR	24		28		79		79
Income tax sharing payments:
PNMR to PNM	—		—		1,450		—
PNMR to TNMP	—		—		—		—

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

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