Long-Term Debt and Liquidity Matters (Tables)

3 Months Ended

Mar. 31, 2017

Debt Disclosure [Abstract]

Schedule of estimated fair value of long-term debt, including current maturities

The following table presents the estimated fair value of our long-term debt, including current maturities (dollars in thousands):

	As of March 31, 2017				As of December 31, 2016
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Pinnacle West	$	125,000	$	125,000	$	125,000	$	125,000
APS	4,273,890		4,558,285		4,021,785		4,300,789
Total	$	4,398,890	$	4,683,285	$	4,146,785	$	4,425,789