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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash Flows From Operating Activities:      
Net Earnings $ 31,078,000 $ 130,909,000 $ 115,556,000
Net Earnings 15,640,000 116,254,000 100,507,000
Adjustments to reconcile net earnings to net cash flows from operating activities:      
Depreciation and amortization 222,861,000 209,867,000 208,173,000
Deferred income tax expense 16,451,000 72,481,000 60,430,000
Net unrealized (gains) losses on commodity derivatives 5,188,000 (6,504,000) (1,866,000)
Realized (gains) on available-for-sale securities (16,060,000) (10,527,000) (10,612,000)
Loss on reacquired debt 0 0 3,253,000
Stock based compensation expense 4,863,000 5,931,000 5,320,000
Regulatory disallowances and restructuring costs 167,471,000 1,062,000 12,235,000
Allowance for equity funds used during construction (10,430,000) (5,563,000) (4,382,000)
Other, net 3,934,000 4,045,000 2,735,000
Changes in certain assets and liabilities:      
Accounts receivable and unbilled revenues (3,298,000) (4,975,000) (7,562,000)
Materials, supplies, and fuel stock (180,000) 5,504,000 (7,580,000)
Other current assets 29,370,000 (30,436,000) 8,577,000
Other assets 2,369,000 290,000 (12,801,000)
Accounts payable (32,269,000) (2,311,000) 4,484,000
Accrued interest and taxes 4,957,000 2,040,000 91,537,000
Other current liabilities 2,633,000 (2,453,000) (19,648,000)
Other liabilities (42,064,000) 45,516,000 (61,262,000)
Net cash flows from operating activities 386,874,000 414,876,000 386,587,000
Cash Flows From Investing Activities:      
Additions to utility and non-utility plant (558,589,000) (460,658,000) (348,039,000)
Proceeds from sales of available-for-sale securities 252,174,000 117,989,000 271,140,000
Purchases of available-for-sale securities (262,548,000) (127,016,000) (282,000,000)
Return of principal on PVNGS lessor notes 21,694,000 20,758,000 23,357,000
Purchase of Rio Bravo 0 (36,235,000) 0
Other, net 2,741,000 (167,000) 4,096,000
Net cash flows from investing activities (544,528,000) (485,329,000) (331,446,000)
Cash Flows From Financing Activities:      
Short-term loan 50,000,000 0 0
Revolving credit facilities borrowings (repayments), net 95,000,000 (43,600,000) (9,500,000)
Long-term borrowings 463,605,000 355,000,000 75,000,000
Repayment of long-term debt (333,066,000) (125,000,000) (29,468,000)
Cash paid in debt exchange 0 0 (13,048,000)
Proceeds from stock option exercise 5,619,000 6,999,000 4,618,000
Purchase of common stock (17,720,000) (17,319,000) (13,807,000)
Dividends paid (64,251,000) (59,468,000) (51,508,000)
Valencia’s transactions with its owner (17,049,000) (17,610,000) (18,335,000)
Other, net (6,707,000) (2,808,000) (5,545,000)
Net cash flows from financing activities 175,431,000 96,194,000 (61,593,000)
Change in Cash and Cash Equivalents 17,777,000 25,741,000 (6,452,000)
Cash and Cash Equivalents at Beginning of Year 28,274,000 2,533,000 8,985,000
Cash and Cash Equivalents at End of Year 46,051,000 28,274,000 2,533,000
Supplemental Cash Flow Disclosures:      
Interest paid, net of amounts capitalized 103,382,000 108,741,000 110,768,000
Income taxes paid (refunded), net (1,890,000) (2,597,000) (95,327,000)
Supplemental schedule of noncash investing and financing activities:      
Changes in accrued plant additions (19,080,000) $ (3,089,000) (6,006,000)
Premium on long-term debt incurred in connection with debt exchange   36,297,000
Public Service Company of New Mexico [Member]      
Cash Flows From Operating Activities:      
Net Earnings (324,000) $ 101,453,000 102,676,000
Net Earnings (15,234,000) 87,326,000 88,155,000
Adjustments to reconcile net earnings to net cash flows from operating activities:      
Depreciation and amortization 150,538,000 143,303,000 136,732,000
Deferred income tax expense (2,836,000) 55,787,000 50,043,000
Net unrealized (gains) losses on commodity derivatives 5,188,000 (6,504,000) (1,866,000)
Realized (gains) on available-for-sale securities (16,060,000) (10,527,000) (10,612,000)
Regulatory disallowances and restructuring costs 167,471,000 1,062,000 12,235,000
Allowance for equity funds used during construction (10,430,000) (5,563,000) (4,382,000)
Other, net 2,794,000 4,172,000 2,768,000
Changes in certain assets and liabilities:      
Accounts receivable and unbilled revenues (2,515,000) (5,919,000) (3,021,000)
Materials, supplies, and fuel stock 381,000 5,570,000 (7,730,000)
Other current assets 23,693,000 (29,146,000) 8,556,000
Other assets 4,194,000 7,150,000 (13,363,000)
Accounts payable (31,139,000) 212,000 2,807,000
Accrued interest and taxes (5,343,000) (3,599,000) 72,740,000
Other current liabilities (275,000) (659,000) (27,376,000)
Other liabilities (33,503,000) 42,325,000 (59,753,000)
Net cash flows from operating activities 251,834,000 299,117,000 260,454,000
Cash Flows From Investing Activities:      
Additions to utility and non-utility plant (404,840,000) (316,800,000) (239,906,000)
Proceeds from sales of available-for-sale securities 252,174,000 117,989,000 271,140,000
Purchases of available-for-sale securities (262,548,000) (127,016,000) (282,000,000)
Return of principal on PVNGS lessor notes 21,694,000 20,758,000 23,357,000
Purchase of Rio Bravo 0 (36,235,000) 0
Other, net 2,935,000 (363,000) 3,843,000
Net cash flows from investing activities (390,585,000) (341,667,000) (223,566,000)
Cash Flows From Financing Activities:      
Revolving credit facilities borrowings (repayments), net 0 (49,200,000) 28,100,000
Short-term borrowings (repayments) - affiliate, net 0 (32,500,000) 32,500,000
Long-term borrowings 313,605,000 275,000,000 75,000,000
Repayment of long-term debt (214,300,000) (75,000,000) 0
Equity contribution from parent 175,000,000 0 0
Dividends paid (94,968,000) (30,791,000) (155,556,000)
Valencia’s transactions with its owner (17,049,000) (17,610,000) (18,335,000)
Other, net (5,879,000) (1,890,000) (2,534,000)
Net cash flows from financing activities 156,409,000 68,009,000 (40,825,000)
Change in Cash and Cash Equivalents 17,658,000 25,459,000 (3,937,000)
Cash and Cash Equivalents at Beginning of Year 25,480,000 21,000 3,958,000
Cash and Cash Equivalents at End of Year 43,138,000 25,480,000 21,000
Supplemental Cash Flow Disclosures:      
Interest paid, net of amounts capitalized 69,936,000 73,787,000 71,306,000
Income taxes paid (refunded), net (1,450,000) (228,000) (77,434,000)
Supplemental schedule of noncash investing and financing activities:      
Changes in accrued plant additions (17,469,000) (1,616,000) (7,921,000)
Texas-New Mexico Power Company [Member]      
Cash Flows From Operating Activities:      
Net Earnings 41,963,000 37,807,000 29,090,000
Adjustments to reconcile net earnings to net cash flows from operating activities:      
Depreciation and amortization 57,909,000 52,847,000 54,395,000
Deferred income tax expense 20,883,000 20,549,000 20,662,000
Allowance for equity funds used during construction 0 0 0
Other, net 18,000 (10,000) (30,000)
Changes in certain assets and liabilities:      
Accounts receivable and unbilled revenues (783,000) 944,000 (4,542,000)
Materials, supplies, and fuel stock (561,000) (66,000) 150,000
Other current assets 3,928,000 380,000 (1,137,000)
Other assets (2,310,000) (6,607,000) 941,000
Accounts payable (1,782,000) 2,514,000 3,709,000
Accrued interest and taxes 4,317,000 4,796,000 (6,713,000)
Other current liabilities 1,019,000 (203,000) (3,197,000)
Other liabilities (9,823,000) 3,112,000 460,000
Net cash flows from operating activities 114,778,000 116,063,000 93,788,000
Cash Flows From Investing Activities:      
Additions to utility and non-utility plant (124,584,000) (127,191,000) (89,117,000)
Net cash flows from investing activities (124,584,000) (127,191,000) (89,117,000)
Cash Flows From Financing Activities:      
Revolving credit facilities borrowings (repayments), net 54,000,000 5,000,000 0
Short-term borrowings (repayments) - affiliate, net (10,900,000) (6,700,000) 1,100,000
Long-term borrowings 0 80,000,000 0
Repayment of long-term debt 0 (50,000,000) 0
Cash paid in debt exchange 0 0 (13,048,000)
Equity contribution from parent 0 0 13,800,000
Dividends paid (33,248,000) (16,336,000) (3,726,000)
Other, net (46,000) (836,000) (2,797,000)
Net cash flows from financing activities 9,806,000 11,128,000 (4,671,000)
Change in Cash and Cash Equivalents 0 0 0
Cash and Cash Equivalents at Beginning of Year 1,000 1,000 1,000
Cash and Cash Equivalents at End of Year 1,000 1,000 1,000
Supplemental Cash Flow Disclosures:      
Interest paid, net of amounts capitalized 26,216,000 22,803,000 25,436,000
Income taxes paid (refunded), net 290,000 (355,000) 4,484,000
Supplemental schedule of noncash investing and financing activities:      
Changes in accrued plant additions 5,000 $ (854,000) 141,000
Premium on long-term debt incurred in connection with debt exchange   36,297,000
Retained Earnings [Member]      
Cash Flows From Operating Activities:      
Net Earnings 16,168,000 $ 116,782,000 101,035,000
Cash Flows From Financing Activities:      
Valencia’s transactions with its owner     0
Retained Earnings [Member] | Public Service Company of New Mexico [Member]      
Cash Flows From Operating Activities:      
Net Earnings (15,234,000) 87,326,000 88,155,000
Cash Flows From Financing Activities:      
Valencia’s transactions with its owner   0 0
Retained Earnings [Member] | Texas-New Mexico Power Company [Member]      
Cash Flows From Operating Activities:      
Net Earnings $ 41,963,000 $ 37,807,000 $ 29,090,000