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Segment Information (Tables)
 6 Months Ended
Jun. 30, 2019
Segment Reporting [Abstract]  
Summary of Financial Information by Segment
The following tables present summarized financial information for PNMR by segment. PNM and TNMP each operate in only one segment. Therefore, tabular segment information is not presented for PNM and TNMP.

PNMR SEGMENT INFORMATION
 
PNM
 
TNMP
 
Corporate
and Other
 
PNMR Consolidated
 
(In thousands)
Three Months Ended June 30, 2019
 
Electric operating revenues
$
238,219

 
$
92,009

 
$
—

 
$
330,228

Cost of energy
58,866

 
24,916

 
—

 
83,782

Utility margin
179,353

 
67,093

 
—

 
246,446

Other operating expenses
255,519

 
24,013

 
(5,536
)
 
273,996

Depreciation and amortization
39,811

 
20,502

 
5,752

 
66,065

Operating income (loss)
(115,977
)
 
22,578

 
(216
)
 
(93,615
)
Interest income
3,530

 
—

 
(70
)
 
3,460

Other income (deductions)
4,179

 
731

 
(78
)
 
4,832

Interest charges
(18,526
)
 
(6,560
)
 
(4,705
)
 
(29,791
)
Segment earnings (loss) before income taxes
(126,794
)
 
16,749

 
(5,069
)
 
(115,114
)
Income taxes (benefit)
(43,481
)
 
1,482

 
(832
)
 
(42,831
)
Segment earnings (loss)
(83,313
)
 
15,267

 
(4,237
)
 
(72,283
)
Valencia non-controlling interest
(3,499
)
 
—

 
—

 
(3,499
)
Subsidiary preferred stock dividends
(132
)
 
—

 
—

 
(132
)
Segment earnings (loss) attributable to PNMR
$
(86,944
)
 
$
15,267

 
$
(4,237
)
 
$
(75,914
)
 
 
 
 
 
 
 
 
Six Months Ended June 30, 2019
 
 
 
 
 
 
 
Electric operating revenues
$
507,536

 
$
172,336

 
$
—

 
$
679,872

Cost of energy
158,204

 
47,204

 
—

 
205,408

Utility margin
349,332

 
125,132

 
—

 
474,464

Other operating expenses
361,981

 
49,253

 
(11,299
)
 
399,935

Depreciation and amortization
79,036

 
40,716

 
11,669

 
131,421

Operating income (loss)
(91,685
)
 
35,163

 
(370
)
 
(56,892
)
Interest income
7,187

 
—

 
(139
)
 
7,048

Other income (deductions)
18,536

 
1,317

 
(814
)
 
19,039

Interest charges
(36,886
)
 
(15,361
)
 
(9,178
)
 
(61,425
)
Segment earnings (loss) before income taxes
(102,848
)
 
21,119

 
(10,501
)
 
(92,230
)
Income taxes (benefit)
(41,508
)
 
1,754

 
(1,854
)
 
(41,608
)
Segment earnings (loss)
(61,340
)
 
19,365

 
(8,647
)
 
(50,622
)
Valencia non-controlling interest
(6,328
)
 
—

 
—

 
(6,328
)
Subsidiary preferred stock dividends
(264
)
 
—

 
—

 
(264
)
Segment earnings (loss) attributable to PNMR
$
(67,932
)
 
$
19,365

 
$
(8,647
)
 
$
(57,214
)
 
 
 
 
 
 
 
 
At June 30, 2019:
 
 
 
 
 
 
 
Total Assets
$
5,105,090

 
$
1,768,831

 
$
174,746

 
$
7,048,667

Goodwill
$
51,632

 
$
226,665

 
$
—

 
$
278,297

 
PNM
 
TNMP
 
Corporate
and Other
 
PNMR Consolidated
 
(In thousands)
Three Months Ended June 30, 2018
 
 
 
 
 
 
 
Electric operating revenues
$
264,511

 
$
87,802

 
$
—

 
$
352,313

Cost of energy
66,361

 
21,350

 
—

 
87,711

Utility margin
198,150

 
66,452

 
—

 
264,602

Other operating expenses
107,058

 
23,510

 
(5,358
)
 
125,210

Depreciation and amortization
38,213

 
16,113

 
5,737

 
60,063

Operating income (loss)
52,879

 
26,829

 
(379
)
 
79,329

Interest income
3,381

 
—

 
958

 
4,339

Other income (deductions)
(3,146
)
 
832

 
(428
)
 
(2,742
)
Interest charges
(19,988
)
 
(7,801
)
 
(5,532
)
 
(33,321
)
Segment earnings (loss) before income taxes
33,126

 
19,860

 
(5,381
)
 
47,605

Income taxes (benefit)
2,345

 
4,493

 
(1,682
)
 
5,156

Segment earnings (loss)
30,781

 
15,367

 
(3,699
)
 
42,449

Valencia non-controlling interest
(4,109
)
 
—

 
—

 
(4,109
)
Subsidiary preferred stock dividends
(132
)
 
—

 
—

 
(132
)
Segment earnings (loss) attributable to PNMR
$
26,540

 
$
15,367

 
$
(3,699
)
 
$
38,208

 
 
 
 
 
 
 
 
Three Months Ended June 30, 2018
 
 
 
 
 
 
 
Electric operating revenues
$
500,742

 
$
169,449

 
$
—

 
$
670,191

Cost of energy
137,163

 
43,104

 
—

 
180,267

Utility margin
363,579

 
126,345

 
—

 
489,924

Other operating expenses
207,569

 
48,484

 
(10,375
)
 
245,678

Depreciation and amortization
74,840

 
32,500

 
11,445

 
118,785

Operating income (loss)
81,170

 
45,361

 
(1,070
)
 
125,461

Interest income
5,868

 
—

 
2,594

 
8,462

Other income (deductions)
(1,927
)
 
1,916

 
(349
)
 
(360
)
Interest charges
(40,818
)
 
(15,530
)
 
(10,028
)
 
(66,376
)
Segment earnings (loss) before income taxes
44,293

 
31,747

 
(8,853
)
 
67,187

Income taxes (benefit)
1,997

 
6,968

 
(3,026
)
 
5,939

Segment earnings (loss)
42,296

 
24,779

 
(5,827
)
 
61,248

Valencia non-controlling interest
(7,786
)
 
—

 
—

 
(7,786
)
Subsidiary preferred stock dividends
(264
)
 
—

 
—

 
(264
)
Segment earnings (loss) attributable to PNMR
$
34,246

 
$
24,779

 
$
(5,827
)
 
$
53,198

 
 
 
 
 
 
 
 
At June 30, 2018:
 
 
 
 
 
 
 
Total Assets
$
4,994,277

 
$
1,583,311

 
$
172,501

 
$
6,750,089

Goodwill
$
51,632

 
$
226,665

 
$
—

 
$
278,297