XML 77 R55.htm IDEA: XBRL DOCUMENT v3.21.1
Financing - Short-term Debt and Liquidity (Details)
3 Months Ended 12 Months Ended
Jul. 22, 2019
USD ($)
Mar. 31, 2021
USD ($)
extension_option
Dec. 31, 2017
USD ($)
derivative
Apr. 23, 2021
USD ($)
Mar. 23, 2021
Mar. 09, 2021
USD ($)
Dec. 31, 2020
USD ($)
Dec. 22, 2020
USD ($)
Jul. 21, 2019
USD ($)
Short-term Debt [Line Items]                  
Financing capacity $ 50,000,000.0               $ 40,000,000.0
Advanced notice period prior to increasing capacity of the facility 15 days                
Short-term debt   $ 197,500,000         $ 32,000,000    
Letters of credit outstanding   3,400,000              
Notes payable, related parties   32,400,000         0    
Variable Rate Short-Term Debt                  
Short-term Debt [Line Items]                  
Term of derivatives     4 years            
Aggregate principal amount     $ 50,000,000.0            
PNMR 2020 Delayed-Draw Term Loan                  
Short-term Debt [Line Items]                  
Aggregate principal amount               $ 300,000,000.0  
Long-term debt   $ 300,000,000.0              
TNMP Revolving Credit Facility                  
Short-term Debt [Line Items]                  
Line of credit facility, interest rate at period end   0.86%              
PNMR Revolving Credit Facility                  
Short-term Debt [Line Items]                  
Short-term debt   $ 114,400,000         12,000,000    
PNMR Revolving Credit Facility | PNMR                  
Short-term Debt [Line Items]                  
Line of credit facility, interest rate at period end   1.61%              
PNMR Development Revolving Credit Facility                  
Short-term Debt [Line Items]                  
Short-term debt   $ 40,000,000         10,000,000    
Line of credit facility, interest rate at period end   1.11%              
PNM                  
Short-term Debt [Line Items]                  
Short-term debt   $ 0         10,000,000    
Letters of credit outstanding   2,200,000              
Notes payable, related parties   0         0    
PNM | Lines of credit                  
Short-term Debt [Line Items]                  
NMPRC approved credit facility   40,000,000.0              
PNM | PNM 2019 40 Million Term Loan                  
Short-term Debt [Line Items]                  
Aggregate principal amount   40,000,000.0              
PNM | PNM 2019 40 Million Term Loan | Unsecured Debt                  
Short-term Debt [Line Items]                  
Long-term debt   40,000,000.0              
PNM | Senior Unsecured Notes, PCRB due 2033 at 1.875% | Senior Unsecured Notes, Pollution Control Revenue Bonds                  
Short-term Debt [Line Items]                  
Unsecured long-term debt, noncurrent   146,000,000.0              
PNM | Senior Unsecured Notes, due 2021, at 5.35% | Unsecured Debt                  
Short-term Debt [Line Items]                  
Unsecured long-term debt, noncurrent   160,000,000.0              
PNM | PNM Revolving Credit Facility                  
Short-term Debt [Line Items]                  
Short-term debt   0         0    
PNM | PNM 2017 New Mexico Credit Facility                  
Short-term Debt [Line Items]                  
Short-term debt   0         10,000,000    
PNM | PNMR Development Revolving Credit Facility                  
Short-term Debt [Line Items]                  
Letters of credit outstanding   0              
TNMP                  
Short-term Debt [Line Items]                  
Short-term debt   43,100,000         0    
Letters of credit outstanding   0              
Notes payable, related parties   0         0    
TNMP | TNMP Revolving Credit Facility                  
Short-term Debt [Line Items]                  
Short-term debt   43,100,000         0    
PNMR Development                  
Short-term Debt [Line Items]                  
Notes payable, related parties   0         300,000    
PNMR | PNM 2019 Term Loan                  
Short-term Debt [Line Items]                  
Long-term debt   150,000,000.0              
PNMR | PNMR 2020 Term Loan                  
Short-term Debt [Line Items]                  
Long-term debt   150,000,000.0              
PNMR | PNMR 2020 Delayed-Draw Term Loan                  
Short-term Debt [Line Items]                  
Remaining borrowing capacity           $ 220,000,000.0      
PNMR | PNMR Development Term Loan                  
Short-term Debt [Line Items]                  
Long-term debt   65,000,000.0              
Revolving credit facility                  
Short-term Debt [Line Items]                  
Financing capacity   300,000,000.0              
Revolving credit facility | PNM                  
Short-term Debt [Line Items]                  
Financing capacity   400,000,000.0              
Revolving credit facility | TNMP                  
Short-term Debt [Line Items]                  
Financing capacity   75,000,000.0              
Revolving credit facility | TNMP | First mortgage bonds                  
Short-term Debt [Line Items]                  
Collateral amount   $ 75,000,000.0              
Number of extension options | extension_option   2              
Extension option period   1 year              
Interest rate contract                  
Short-term Debt [Line Items]                  
Number of derivatives | derivative     3            
Interest rate 1 | Variable Rate Short-Term Debt                  
Short-term Debt [Line Items]                  
Fixed interest rate     1.926%   1.926%        
Interest rate 2 | Variable Rate Short-Term Debt                  
Short-term Debt [Line Items]                  
Fixed interest rate     1.823%            
Interest rate 3 | Variable Rate Short-Term Debt                  
Short-term Debt [Line Items]                  
Fixed interest rate     1.629%            
Interest rate 3 | Level 2 | Cash Flow Hedge                  
Short-term Debt [Line Items]                  
Current derivative liability   $ 300,000         $ 900,000    
Subsequent event                  
Short-term Debt [Line Items]                  
Notes payable, related parties       $ 32,400,000          
Remaining borrowing capacity       644,800,000          
Subsequent event | PNMR                  
Short-term Debt [Line Items]                  
Remaining borrowing capacity       184,400,000          
Consolidated invested cash       900,000          
Subsequent event | Pollution Control Revenue Bonds | Bonds                  
Short-term Debt [Line Items]                  
Aggregate principal amount       100,300,000          
Subsequent event | PNM                  
Short-term Debt [Line Items]                  
Notes payable, related parties       0          
Remaining borrowing capacity       395,900,000          
Consolidated invested cash       0          
Subsequent event | PNM | Lines of credit                  
Short-term Debt [Line Items]                  
Remaining borrowing capacity       40,000,000.0          
Subsequent event | TNMP                  
Short-term Debt [Line Items]                  
Notes payable, related parties       0          
Remaining borrowing capacity       24,500,000          
Consolidated invested cash       0          
Subsequent event | PNMR Development                  
Short-term Debt [Line Items]                  
Notes payable, related parties       0          
Remaining borrowing capacity       $ 0