Other Income and Other Expense

6 Months Ended

Jun. 30, 2016

Component of Other Income and Other Expense Nonoperating [Line Items]

Other Income and Other Expense

Other Income and Other Expense

The following table provides detail of Pinnacle West's Consolidated other income and other expense for the three and six months ended June 30, 2016 and 2015 (dollars in thousands):

	Three Months Ended   June 30,						Six Months Ended   June 30,
	2016			2015			2016			2015
Other income:
Interest income	$	184		$	184		$	302		$	294
Investment gains — net	13			—			13			—
Miscellaneous	—			(9		)	(1		)	116
Total other income	$	197		$	175		$	314		$	410
Other expense:
Non-operating costs	$	(2,085	)	$	(1,952	)	$	(4,133	)	$	(4,200	)
Investment losses — net	(539		)	(650		)	(1,058		)	(1,145		)
Miscellaneous	(218		)	(7		)	(1,689		)	(1,550		)
Total other expense	$	(2,842	)	$	(2,609	)	$	(6,880	)	$	(6,895	)

Arizona Public Service Company

Component of Other Income and Other Expense Nonoperating [Line Items]

Other Income and Other Expense

The following table provides detail of APS’s other income and other expense for the three and six months ended June 30, 2016 and 2015 (dollars in thousands):

	Three Months Ended   June 30,						Six Months Ended   June 30,
	2016			2015			2016			2015
Other income:
Interest income	$	109		$	6		$	181		$	73
Gain on disposition of property	4,989			478			5,321			685
Miscellaneous	649			226			855			591
Total other income	$	5,747		$	710		$	6,357		$	1,349
Other expense:
Non-operating costs (a)	$	(2,719	)	$	(1,878	)	$	(4,685	)	$	(4,395	)
Loss on disposition of property	(657		)	(251		)	(1,083		)	(894		)
Miscellaneous	(1,054		)	(320		)	(3,412		)	(2,514		)
Total other expense	$	(4,430	)	$	(2,449	)	$	(9,180	)	$	(7,803	)

(a) As defined by FERC, includes below-the-line non-operating utility expense (items excluded from utility rate recovery).