Related Party Transactions

6 Months Ended

Jun. 30, 2017

PNMR, PNM, and TNMP are considered related parties as defined under GAAP, as is PNMR Services Company, a wholly-owned subsidiary of PNMR that provides corporate services to PNMR and its subsidiaries in accordance with shared services agreements. These services are billed at cost on a monthly basis to the business units. The table below summarizes the nature and amount of related party transactions of PNMR, PNM, and TNMP:



	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2017		2016		2017		2016
	(In thousands)
Services billings:
PNMR to PNM	$	23,190	$	22,269	$	47,593	$	45,003
PNMR to TNMP	7,806		7,240		15,943		14,288
PNM to TNMP	102		104		187		189
TNMP to PNMR	35		10		70		20
TNMP to PNM	57		88		145		88
Interest billings:
PNMR to TNMP	30		48		60		98
PNMR to PNM	9		5		11		5
PNM to PNMR	49		37		92		73
Income tax sharing payments:
PNMR to PNM	—		—		—		—
PNMR to TNMP	—		—		—		—