Homefed (HOFD) 10-K 18 Feb 14 2013 FY Annual report Financial data

Document_And_Entity_Informatio

Document And Entity Information (USD $)	12 Months Ended
	Dec. 31, 2013	Feb. 06, 2014	Jun. 30, 2013
Document And Entity Information [Abstract]	'	'	'
Document Type	'10-K	'	'
Amendment Flag	'false	'	'
Document Period End Date	31-Dec-13	'	'
Document Fiscal Period Focus	'FY	'	'
Document Fiscal Year Focus	'2013	'	'
Entity Registrant Name	'HOMEFED CORP	'	'
Entity Central Index Key	'0000833795	'	'
Current Fiscal Year End Date	'--12-31	'	'
Entity Filer Category	'Accelerated Filer	'	'
Entity Common Stock, Shares Outstanding	'	7,879,500	'
Entity Voluntary Filers	'No	'	'
Entity Current Reporting Status	'Yes	'	'
Entity Well-known Seasoned Issuer	'No	'	'
Entity Public Float	'	'	$131,276,500

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Dec. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
ASSETS	'	'
Real estate	$107,072	$120,245
Cash and cash equivalents	57,306	22,987
Investments available for sale (amortized cost of $31,894 and $36,385)	31,896	36,390
Accounts receivable, deposits and other assets	1,715	1,030
Net deferred tax asset	6,413	8,757
TOTAL	204,402	189,409
LIABILITIES	'	'
Accounts payable and accrued liabilities	5,822	5,097
Non-refundable option payments	1,015	'
Liability for environmental remediation	1,543	4,607
Deferred revenue	2,739	886
Income taxes payable	3,125	1,644
Other liabilities	228	136
Total liabilities	14,472	12,370
COMMITMENTS AND CONTINGENCIES	'	'
EQUITY	'	'
Common stock, $.01 par value; 25,000,000 shares authorized; 7,879,500 shares outstanding after deducting 395,409 shares held in treasury	79	79
Additional paid-in capital	381,171	380,982
Accumulated other comprehensive income	1	3
Accumulated deficit	-201,416	-212,684
Total HomeFed Corporation common shareholders' equity	179,835	168,380
Noncontrolling interest	10,095	8,659
Total equity	189,930	177,039
TOTAL	$204,402	$189,409

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Dec. 31, 2013	Dec. 31, 2012
In Thousands, except Share data, unless otherwise specified
Consolidated Balance Sheets [Abstract]	'	'
Investments available for sale, amortized cost	$31,894	$36,385
Common stock, par value	$0.01	$0.01
Common shares, authorized	25,000,000	25,000,000
Common shares, shares outstanding	7,879,500	7,879,500
Treasury stock, shares	395,409	395,409

Consolidated_Statements_Of_Ope

Consolidated Statements Of Operations (USD $)	12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
REVENUES	'	'	'
Sales of real estate	$50,097	$28,193	$27,522
Farming revenues	4,882	6,422	5,979
Rental income	511	509	448
Co-op marketing and advertising fees	1,142	557	192
Total revenues	56,632	35,681	34,141
EXPENSES	'	'	'
Cost of sales	23,198	13,659	12,939
Reduction in estimated liability for environmental remediation	-662	-1,500	'
General and administrative expenses	12,744	9,064	8,077
Farming expenses	2,859	2,873	2,862
Administrative services fees to Leucadia National Corporation	180	180	180
Total expenses	38,319	24,276	24,058
Income from operations	18,313	11,405	10,083
Interest and other income	889	107	382
Income before income taxes and noncontrolling interest	19,202	11,512	10,465
Income tax provision	-6,498	-4,080	-4,368
Net income	12,704	7,432	6,097
Net income attributable to noncontrolling interest	1,436	1,410	1,606
Net income attributable to HomeFed Corporation common shareholders	$11,268	$6,022	$4,491
Basic and diluted earnings per common share attributable to HomeFed Corporation common shareholders	$1.43	$0.76	$0.57

Consolidated_Statements_Of_Com

Consolidated Statements Of Comprehensive Income (Loss) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Consolidated Statements Of Comprehensive Income (Loss) [Abstract]	'	'	'
Net income	$12,704	$7,432	$6,097
Other comprehensive income (loss):	'	'	'
Net unrealized holding gains (losses) on investments arising during the period, net of taxes of $(1), $2 and $(2)	-2	2	-2
Net change in unrealized holding gains (losses) on investments, net of taxes of $(1), $2 and $(2)	-2	2	-2
Other comprehensive income (loss), net of income taxes	-2	2	-2
Comprehensive income	12,702	7,434	6,095
Comprehensive (income) loss attributable to the noncontrolling interest	-1,436	-1,410	-1,606
Comprehensive income attributable to HomeFed Corporation common shareholders	$11,266	$6,024	$4,489

Consolidated_Statements_Of_Com1

Consolidated Statements Of Comprehensive Income (Loss) (Parenthetical) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Consolidated Statements Of Comprehensive Income (Loss) [Abstract]	'	'	'
Net unrealized holding gains (losses) on investments arising during the period, tax provision (benefit)	($1)	$2	($2)
Net change in unrealized holding gains (losses) on investments, tax provision (benefit)	($1)	$2	($2)

Consolidated_Statements_Of_Cha

Consolidated Statements Of Changes In Equity (USD $)	Common Stock $.01 Par Value [Member]	Additional Paid-In Capital [Member]	Accumulated Other Comprehensive Income [Member]	Accumulated Deficit [Member]	Subtotal [Member]	Noncontrolling Interest [Member]	Total
In Thousands
Balance at Dec. 31, 2010	$79	$376,110	$3	($223,197)	$152,995	$15,117	$168,112
Net income	'	'	'	4,491	4,491	1,606	6,097
Other comprehensive income (loss), net of taxes	'	'	-2	'	-2	'	-2
Share-based compensation expense	'	222	'	'	222	'	222
Balance at Dec. 31, 2011	79	376,332	1	-218,706	157,706	16,723	174,429
Net income	'	'	'	6,022	6,022	1,410	7,432
Acquisition of noncontrolling interest	'	4,474	'	'	4,474	-9,474	-5,000
Other comprehensive income (loss), net of taxes	'	'	2	'	2	'	2
Share-based compensation expense	'	176	'	'	176	'	176
Balance at Dec. 31, 2012	79	380,982	3	-212,684	168,380	8,659	177,039
Net income	'	'	'	11,268	11,268	1,436	12,704
Other comprehensive income (loss), net of taxes	'	'	-2	'	-2	'	-2
Share-based compensation expense	'	189	'	'	189	'	189
Balance at Dec. 31, 2013	$79	$381,171	$1	($201,416)	$179,835	$10,095	$189,930

Consolidated_Statements_Of_Cas

Consolidated Statements Of Cash Flows (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:	'	'	'
Net income	$12,704,000	$7,432,000	$6,097,000
Adjustments to reconcile net income to net cash provided by operating activities:	'	'	'
Reduction in estimated liability for environmental remediation	-662,000	-1,500,000	'
Provision for deferred income taxes	2,345,000	2,093,000	2,457,000
Share-based compensation expense	189,000	176,000	222,000
Depreciation and amortization of property, equipment and leasehold improvements	239,000	249,000	244,000
Accretion of discount on investments available for sale	-35,000	-40,000	-45,000
Changes in operating assets and liabilities:	'	'	'
Real estate	13,579,000	4,458,000	6,182,000
Accounts receivable, deposits and other assets	-823,000	-20,000	-389,000
Deferred revenue	1,853,000	886,000	'
Accounts payable and accrued liabilities	725,000	1,977,000	-820,000
Non-refundable option payments	1,015,000	-350,000	-300,000
Liability for environmental remediation	-2,402,000	-2,865,000	-680,000
Income taxes receivable/payable	1,481,000	-83,000	132,000
Other liabilities	92,000	-19,000	-99,000
Net cash used for operating activities	30,300,000	12,394,000	13,001,000
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'	'
Acquisition of real estate	-507,000	-32,178,000	-11,000,000
Purchases of investments (other than short-term)	-68,374,000	-90,549,000	-92,569,000
Proceeds from maturities of investments available for sale	72,900,000	94,900,000	87,600,000
Proceeds from sale of investments	0	2,600,000	0
Net cash provided by (used for) investing activities	4,019,000	-25,227,000	-15,969,000
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'	'
Acquisition of noncontrolling interest	'	-5,000,000	'
Net increase (decrease) in cash and cash equivalents	34,319,000	-17,833,000	-2,968,000
Cash and cash equivalents, beginning of period	22,987,000	40,820,000	43,788,000
Cash and cash equivalents, end of period	57,306,000	22,987,000	40,820,000
Supplemental disclosures of cash flow information:	'	'	'
Cash paid for income taxes	$2,672,000	$2,070,000	$2,200,000

Summary_Of_Significant_Account

Summary Of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2013
Summary Of Significant Accounting Policies [Abstract]	'
Summary Of Significant Accounting Policies	'
	1.           SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Basis of Presentation – The accompanying consolidated financial statements include the accounts of HomeFed Corporation (the “Company”), Otay Land Company, LLC and its wholly-owned subsidiaries (“Otay Land Company”), HomeFed Resources Corporation, CDS Holding Corporation and its majority owned subsidiaries (“CDS”), HomeFed Fanita Rancho, LLC (“Fanita Ranch”), Rampage Vineyard, LLC (“Rampage”) and Ashville Park, LLC (“Ashville Park”).  The Company is currently engaged, directly and through its subsidiaries, in the investment in and development of residential real estate properties in California and Virginia.  Real estate development is the Company’s only business segment.  All intercompany balances and transactions have been eliminated in consolidation.
	The Company’s business, real estate development, is highly competitive, and there are numerous residential real estate developers and development projects operating in the same geographic area in which the Company operates.  In addition, the residential real estate development industry is subject to increasing environmental, building, zoning and real estate regulations that are imposed by various federal, state and local authorities.  Timing of the initiation and completion of development projects depends upon receipt of necessary authorizations and approvals.  Furthermore, changes in prevailing local circumstances or applicable laws may require additional approvals, or modifications of approvals previously obtained.  Delays could adversely affect the Company’s ability to complete its projects, significantly increase the costs of doing so or drive potential customers to purchase competitors’ products.  Environmental laws may cause the Company to incur substantial compliance, mitigation and other costs, may restrict or prohibit development in certain areas and may delay completion of the Company’s development projects.  Delays arising from compliance with environmental laws and regulations could adversely affect the Company’s ability to complete its projects and significantly increase development costs.  The Company’s business may also be adversely affected by inflation and is interest-rate sensitive.
	Critical Accounting Estimates – The preparation of financial statements in conformity with accounting principles generally accepted in the United States (“GAAP”) requires the Company to make estimates and assumptions that affect the reported amounts in the financial statements and disclosures of contingent assets and liabilities.  On an on-going basis, the Company evaluates all of these estimates and assumptions.  Actual results could differ from those estimates.
	Profit Recognition on Sales of Real Estate – When the Company has an obligation to complete improvements on property subsequent to the date of sale, it utilizes the percentage of completion method of accounting to record revenues and cost of sales.  Under percentage of completion accounting, the Company recognizes revenues and cost of sales based upon the ratio of development costs completed as of the date of sale to an estimate of total development costs which will ultimately be incurred, including an estimate for common areas.  Revenues which cannot be recognized as of the date of sale are reported as deferred revenue on the consolidated balance sheets.
	The Company believes it can reasonably estimate its future costs and profit allocation in order to determine how much revenue should be deferred.  However, such estimates are based on numerous assumptions and require management’s judgment.  For example, the estimate of future development costs includes an assumption about the cost of construction services for which the Company has no current contractual arrangement.  If the estimate of these future costs proves to be too low, then the Company will have recognized too much profit as of the date of sale resulting in less profit to be reported as the improvements are completed.  However, to date the Company’s estimates of future development costs that have been used to determine the amount of revenue to be deferred at the date of sale have subsequently been proven to be reasonably accurate.
	Prior to 2010, the percentage of completion method of accounting was applied for sold properties at the San Elijo Hills project; however, during the fourth quarter of 2009, the Company completed all the required improvements for sold properties at the San Elijo Hills project and all of the remaining deferred revenue was recognized in income.  During 2011 and 2010, since all required improvements to sold properties had been completed as of the closing date, the Company applied the full accrual method for those sales.  Accordingly, the Company recognized total sales proceeds, net of closing costs, in revenues and all costs in cost of sales on the closing date.  Commencing in 2012, revenue is again being deferred until the Company completes required improvements to properties sold.
	Income Taxes – The Company provides for income taxes using the liability method.  The Company records a valuation allowance to reduce its net deferred tax asset to an amount that the Company expects is more likely than not to be realized.  If the Company’s estimate of the realizability of its deferred tax asset changes in the future, an adjustment to the valuation allowance would be recorded which would either increase or decrease income tax expense in such period.  The valuation allowance is determined after considering all relevant facts and circumstances, and is based, in significant part, on the Company’s projection of taxable income in the future.  Since any projection of future profitability is inherently unreliable, changes in the valuation allowance should be expected.
	During 2013, the Company generated profits from lot sales at the San Elijo Hills and Ashville Park projects that were greater than projected as of December 31, 2012.  Also, the Company has entered into agreements to sell additional lots at both projects which are expected to close during 2014.  The Company considered its recent results and pending lot sale agreements to be positive evidence to be considered when estimating its future taxable income.  As a result, the Company was able to conclude that it is more likely than not that it will be able to realize an additional portion of the Company’s net deferred tax asset; accordingly, approximately $1,350,000 of the deferred tax valuation allowance was released as a credit to income tax expense during 2013.
	During 2012 the Company acquired the Ashville Park project, profitably sold finished lots during 2012 and entered into an agreement to sell additional lots in 2013, some of which closed during the first quarter of 2013.  The Company believed that these sales represented positive evidence to be considered when estimating future taxable income that may be generated at the Ashville Park project.  The Company also lowered its estimated liability for environmental remediation costs during 2012, and updated its consolidated projection of future taxable income for this activity and for recent developments at its other projects.  As a result, the Company was able to conclude that it is more likely than not that it will be able to realize an additional portion of the Company’s net deferred tax asset; accordingly, approximately $750,000 of the deferred tax valuation allowance was released as a credit to income tax expense during 2012.
	The projection of future taxable income is based upon numerous assumptions about the future, including future market conditions where the Company’s projects are located, regulatory requirements, estimates of future real estate revenues and development costs, future interest expense, operating and overhead costs and other factors.  To the extent the Company’s actual taxable income in the future exceeds its estimate, the Company will recognize additional tax benefits and reduce its valuation allowance; conversely, if the actual taxable income is less than the amounts projected, an addition to the valuation allowance would be recorded that would increase tax expense in the future.  Adjustments to the valuation allowance in the future should be expected.
	The Company records interest and penalties, if any, with respect to uncertain tax positions as components of income tax expense.  Based on the Company’s evaluation of its tax filings at December 31, 2013, the Company did not record any amounts for uncertain tax positions. If any of the Company’s tax filing positions are successfully challenged, payments could be required that might be material.
	Provision for Environmental Remediation  – The Company records environmental liabilities when it is probable that a liability has been incurred and the amount or range of the liability is reasonably estimable.  During 2002, the Company recorded a charge of $11,150,000 representing its estimate of the cost (including legal fees) to implement the most likely remediation alternative with respect to approximately 30 acres of undeveloped land owned by a subsidiary of Otay Land Company.  The estimated liability was neither discounted nor reduced for claims for recovery from previous owners and users of the land who may be liable, and may increase or decrease based upon the actual extent and nature of the remediation required, the actual cost of the remediation, the expenses of the regulatory process, the costs of post-remediation monitoring requirements, inflation and other items.
	The Company has periodically examined, and when appropriate, adjusted its liability for environmental remediation to reflect its current best estimate.  A change to the current estimate could result from, among other things, that the cost to implement the remediation is different than the Company’s current estimate, that the cost of future on-going monitoring efforts is different than the Company’s current estimate, and/or requirements imposed by regulatory authorities that the Company did not anticipate but is nevertheless required to implement.  During 2004, the Company increased its estimate of remediation costs by approximately $1,300,000, primarily due to increases in site investigation and remediation costs, and during 2003 by approximately $250,000, primarily for consulting costs.  During 2012, the Company’s revised its estimate of future remediation costs, including on-going monitoring expenses, which resulted in a reduction in the previously accrued estimate of $1,500,000.  Such amount was reflected on the consolidated statement of operations as a reduction to expenses.
	During the fourth quarter of 2012, upon receipt of required approvals, the Company commenced remediation activities, which were completed in February 2013.  The Company received final approval from the County of San Diego Department of Environmental Health in June 2013; as a result, the Company reduced its liability for environmental remediation by $650,000.
	Provision for Impairment Losses on Real Estate – The Company’s real estate is carried at cost.  Whenever events or changes in circumstances suggest that the carrying amount may not be recoverable, management assesses the recoverability of the carrying amount of its real estate in accordance with GAAP and, if impaired, reduces the carrying amount to its estimated fair value.  The process involved in evaluating assets for impairment and determining fair value requires estimates as to future events and market conditions.  This estimation process may assume that the Company has the ability to complete development and dispose of its real estate properties in the ordinary course of business based on management’s present plans and intentions.  If management determines that the carrying value of a specific real estate investment is impaired, a write-down is recorded as a charge to current period operations.  The evaluation process is based on estimates and assumptions and the ultimate outcome may be different.
	The Company did not record any provisions for impairment losses during the years ended December 31, 2013, 2012 and 2011.
	Real Estate – Real estate includes all expenditures incurred in connection with the acquisition, development and construction of the property, including interest and property taxes.  At acquisition, land costs are allocated to individual parcels or lots based on relative fair values.  Subsequent to acquisition, substantially all development costs are specifically identifiable to individual parcels or lots, or are considered allocated costs that are allocated principally based on acreage (principally property taxes, legal fees and consulting fees).  Capitalized land costs are charged to cost of sales at the time that revenue is recognized.
	Cash and Cash Equivalents – Cash equivalents are money market accounts and short‑term, highly liquid investments that have maturities of less than three months at the time of acquisition.
	Investments –  Securities with maturities equal to or greater than three months at the time of acquisition are classified as investments available for sale, and are carried at fair value with unrealized gains and losses reflected as a separate component of shareholders’ equity, net of taxes.  The cost of securities sold is based on specific identification.
	Recognition of Fee Income – The Company may be contractually entitled to receive co-op marketing and advertising fees that are due when builders sell homes.  These fees are generally based upon a fixed percentage of the homes’ selling price and are recorded as revenue when the home is sold.
	Revenue and Profit Sharing Arrangements –  Certain of the Company’s lot purchase agreements with homebuilders include provisions that entitle the Company to a share of the revenues or profits realized by the homebuilders upon their sale of the homes, after certain thresholds are achieved.  The actual amount which could be received by the Company is generally based on a formula and other specified criteria contained in the lot purchase agreements, and are generally not payable and cannot be determined with reasonable certainty until the builder has completed the sale of a substantial portion of the homes covered by the lot purchase agreement.  The Company’s policy is to accrue revenue earned pursuant to these agreements when amounts are fully earned and payable pursuant to the lot purchase agreements, which is classified as sales of real estate.  Any amounts received from homebuilders prior to then are deferred.
	The Company has not recognized any income from revenue or profit sharing arrangements during the last three years.
	Option Deposits – Option payments received from prospective buyers are recognized as liabilities until the title of the real estate is transferred or the option is forfeited, or in the case of refundable deposits, the prospective buyer decides not to purchase the real estate and the deposit is returned.
	Capitalization of Interest and Real Estate Taxes – If applicable, interest and real estate taxes attributable to land and property construction are capitalized and added to the cost of those properties while the properties are being actively developed.
	Farming Revenues and Expenses – Income from farming related activities at the Rampage property are recognized when grapes are sold, and expenses from farming related activities are recognized when incurred.
	Share-Based Compensation – The cost of all share-based payments to employees, including grants of employee stock options and warrants, are recognized in the financial statements based on their fair values.  The cost is recognized as an expense over the vesting period of the award.  The fair value of each award is estimated at the date of grant using the Black-Scholes option pricing model.

Acquisition_Of_CDS

Acquisition Of CDS	12 Months Ended
	Dec. 31, 2013
Acquisition Of CDS [Abstract]	'
Acquisition Of CDS	'
	2.           ACQUISITION OF CDS
	In October 2002, the Company purchased from Leucadia National Corporation (together with its subsidiaries, “Leucadia”) all of the issued and outstanding shares of capital stock of CDS which, through its majority-owned indirect subsidiary, San Elijo Hills Development Company, LLC (“San Elijo”), is the owner of the San Elijo Hills project, a master-planned community located in the City of San Marcos, in San Diego County, California.  The Company has been the development manager for the San Elijo Hills project since August 1998.    The purchase price of $25,000,000 consisted of $1,000,000 in cash and 2,474,226 shares of the Company’s common stock, which represented approximately 30% of the Company’s outstanding common shares.  Prior to the acquisition, Leucadia had also committed to obtain project improvement bonds for the San Elijo Hills project which is required prior to the commencement of any project development (see Note 11).

Investments

Investments	12 Months Ended
	Dec. 31, 2013
Investments [Abstract]	'
Investments	'
	3.            INVESTMENTS
	At December 31, 2013 and 2012, the Company’s investments consisted of fixed income securities issued by the U.S. Government, which were classified as available for sale.   All of the Company’s investments mature in one year or less.  The par value, amortized cost, gross unrealized gains and losses and estimated fair value of these investments as of December 31, 2013 and 2012 are as follows (in thousands):
										Fair Value Measurements Using
										Quoted Prices in		Significant
										Active Markets		Other
						Gross		Gross		for		Observable		Total
		Par		Amortized		Unrealized		Unrealized		Identical Assets		Inputs		Fair Value
		Value		Cost		Gains		Losses		(Level 1)		(Level 2)		Measurements
	31-Dec-13
	U.S. Treasury securities	$	31,900	$	31,894	$	2	$	-	$	31,896	$	-	$	31,896
	December 31, 2012
	U.S. Treasury securities	$	36,400	$	36,385	$	5	$	-	$	36,390	$	-	$	36,390
	There were no proceeds from sales of investments classified as available for sale during 2013 and 2011.  Proceeds from sales of investments classified as available for sale were $2,600,000 during 2012.  Realized gross gains were not significant for 2013, 2012 and 2011.
	The difference between the par value and amortized cost of an individual investment is accreted to interest income over the remaining life of the investment using the effective interest rate method.

Real_Estate

Real Estate	12 Months Ended
	Dec. 31, 2013
Real Estate [Abstract]	'
Real Estate	'
	4.            REAL ESTATE
	A summary of real estate carrying values by project is as follows (in thousands):
			December 31,
		2013		2012
	Held for development:
	San Elijo Hills	$	35,915	$	45,585
	Otay Ranch		38,848		36,018
	Ashville Park		9,469		16,335
	Fanita Ranch		14,688		14,054
	Rampage		4,545		4,545
	Subtotal		103,465		116,537
	Held for investment-- San Elijo Hills		3,607		3,708
	Total	$	107,072	$	120,245
	The San Elijo Hills, Otay Ranch, Ashville Park and Fanita Ranch projects are considered to be land under development while the Rampage property is not currently being developed.
	In January 2011, the Company acquired in a foreclosure sale the Fanita Ranch property, a 2,600 acre parcel of vacant land located in Santee, California.  The aggregate purchase price of $12,350,000 consisted of cash consideration of $11,000,000 and the assumption of certain payables.  Fanita Ranch is partially entitled for approximately 1,400 residential units.  The Company acquired the property with the intention of completing the necessary entitlements to develop the property as a master-planned community, although there can be no assurance that the Company will be successful in these efforts.  If successful, obtaining all the entitlements is expected to take several years.
	In February 2012, the Company acquired Ashville Park, a 450 acre master planned community located in Virginia Beach, Virginia, for cash consideration of $17,350,000 including closing costs.  The Company acquired 451 entitled single family lots, of which 91 lots were finished lots that were available for sale and one lot was a visitor center.
	In October 2012, the Company purchased 52 single family lots at the San Elijo Hills project that had been previously sold to a homebuilder in 2005 and 2006.  The lots were purchased for cash consideration of $14,850,000.  Included on six of the lots are finished model homes that will require some renovation prior to being sold.

Noncontrolling_Interest

Noncontrolling Interest	12 Months Ended
	Dec. 31, 2013
Noncontrolling Interest [Abstract]	'
Noncontrolling Interest	'
	5.             NONCONTROLLING INTEREST
	Through its ownership of CDS, the Company owns 85% of the common stock of San Elijo Ranch, Inc. (“SERI”).  Pursuant to a stockholders’ agreement with the holders of the noncontrolling interests in SERI, the Company loans funds to SERI and charges a 12% annual rate.  Once this loan is fully repaid, the noncontrolling shareholders of SERI are entitled to 15% of future cash flows distributed to shareholders.  As of December 31, 2013, approximately $10,100,000 has been recognized for the SERI noncontrolling interests.  Amounts recorded for the noncontrolling interests have been reduced for income taxes calculated pursuant to tax sharing agreements.
	In December 2012, the Company purchased an indirect 20% noncontrolling interest in SERI for $5,000,000, increasing its effective interest in SERI from 68% to 85%.  The amount paid was $4,450,000 less than the amount recorded for the noncontrolling interest; such amount was credited to additional paid in capital.  As part of the purchase, pending litigation commenced by the holder of the purchased noncontrolling interest against the Company was settled without any payment.

Stock_Incentive_Plans

Stock Incentive Plans	12 Months Ended
	Dec. 31, 2013
Stock Incentive Plans [Abstract]	'
Stock Incentive Plans	'
	6.            STOCK INCENTIVE PLANS
	Under the Company’s Amended and Restated 1999 Stock Incentive Plan (the “Plan”), the Company may grant options, stock appreciation rights and restricted stock to non-employee directors, certain non-employees and employees up to a maximum grant of 30,000 shares to any individual in a given taxable year.  Pursuant to the Plan, each director of the Company is automatically granted options to purchase 1,000 shares on the date on which the annual meeting of stockholders is held.  In August 2004, following shareholder approval, the Plan was amended to, among other things, increase the number of shares of common stock available for issuance by 300,000 shares.  The Plan provides for the issuance of options and rights at not less than 100% of the fair market value of the underlying stock at the date of grant.  Options granted to employees and certain non-employees generally become exercisable in five equal instalments starting one year from the date of grant and must be exercised within six years from the date of grant.  Options granted to directors generally become exercisable in four equal instalments starting one year from the date of grant and must be exercised within five years from the date of grant.  No stock appreciation rights have been granted.  As of December 31, 2013, 405,400 shares were available for grant under the Plan.
	A summary of activity with respect to the Plan for 2013, 2012 and 2011 is as follows:
							Weighted-
		Common		Weighted-			Average
		Shares		Average			Remaining		Aggregate
		Subject to		Exercise			Contractual		Intrinsic
		Option		Price			Term		Value
	Balance at January 1, 2011	104,500		$	30.02
	Granted	6,000		$	21.50
	Cancelled	-6,000		$	65.50
	Balance at December 31, 2011	104,500		$	27.50
	Granted	6,000		$	22.35
	Cancelled	-14,000		$	41.18
	Balance at December 31, 2012	96,500		$	25.19
	Granted	6,000		$	32.30
	Cancelled	-8,000		$	36.44
	Balance at December 31, 2013	94,500		$	24.69		2.4 years		$	1,125,300
	Exercisable at December 31, 2013	53,700		$	24.17		2.1 years		$	667,395
	The Company recorded compensation cost related to stock incentive plans of $190,000,  $180,000 and $220,000 for the years ended December 31, 2013, 2012 and 2011, respectively; such costs reduced net income by $110,000,  $110,000 and $130,000 for the years ended December 31, 2013, 2012 and 2011, respectively.  As of December 31, 2013, total unrecognized compensation cost related to nonvested share-based compensation plans was $300,000; this cost is expected to be recognized over a weighted-average period of 1.0 year.
	The following summary presents the weighted-average assumptions used for the Black-Scholes option pricing model to determine the fair value for each of the stock option grants made during each of the three years in the period ended December 31, 2013:
		2013			2012			2011
	Risk free rate		1.20%			0.56%			1.13%
	Expected volatility		30.85%			46.90%			46.67%
	Expected dividend yield		0.0%			0.0%			0.0%
	Expected life		4.3 years			4.3 years			4.3 years
	Fair value per grant	$	8.70		$	8.49		$	8.30
	The expected life assumptions were based on historical behavior for the awards identified.  The expected volatility was based on the historical behavior of the Company’s stock price.
	In July 2004, the Board of Directors approved the repurchase of up to 500,000 shares of the Company’s common stock.  In 2008, the Company purchased 394,931 shares of the Company’s common stock for approximately $5,900,000 in a private transaction with an unrelated party.  During 2009, the Company purchased 478 shares of the Company’s common stock in an open market transaction in accordance with the Company’s repurchase plan.   After considering these transactions, the Company can repurchase up to 104,591 common shares without board approval.  Repurchased shares would be available for, among other things, use in connection with the Company’s stock option plan.  The shares may be purchased from time to time, subject to prevailing market conditions, in the open market, in privately negotiated transactions or otherwise.  Any such purchases may be commenced or suspended at any time without prior notice.

Sales_Of_Real_Estate

Sales Of Real Estate	12 Months Ended
	Dec. 31, 2013
Sales Of Real Estate [Abstract]	'
Sales Of Real Estate	'
	7.            SALES OF REAL ESTATE
	Revenues from sales of real estate for each of the three years in the period ended December 31, 2013 is comprised of the following (in thousands):
		2013		2012		2011
	Developed lots at San Elijo Hills	$	37,370	$	20,649	$	26,697
	Developed lots at Ashville Park		12,038		7,544		-
	Residential condominium units at San Elijo Hills		689		-		825
	Total	$	50,097	$	28,193	$	27,522
	At the time the Company closes on sales of real estate,  a portion of the revenue is initially deferred if the Company is required to make significant improvements to the property.  For the years ended December 31, 2013 and 2012, the activity in the deferred revenue account is as follows (in thousands):
		2013		2012
	Deferred revenue balance at January 1,	$	886	$	-
	Revenue deferred on the date of sale		2,660		886
	Deferred revenue recognized in operations		-807		-
	Deferred revenue balance at December 31,	$	2,739	$	886
	As of December 31, 2013, the Company estimates that it will spend approximately $1,500,000 to complete the required improvements, including costs related to common areas.  The Company estimates these improvements will be substantially complete by the end of 2014.
	As of December 31, 2013, the Company had entered into agreements to sell 15 lots at the Ashville Park project to homebuilders for aggregate cash proceeds of $2,500,000, for which it received non-refundable option deposits of $100,000.  Sales of 5 lots closed during the first quarter of 2014 for aggregate cash consideration of $800,000.

Other_Results_Of_Operations

Other Results Of Operations	12 Months Ended
	Dec. 31, 2013
Other Results Of Operations [Abstract]	'
Other Results Of Operations	'
	8.            OTHER RESULTS OF OPERATIONS
	Interest and other income for each of the three years in the period ended December 31, 2013 consists of the following (in thousands):
		2013		2012		2011
	Interest income	$	55	$	79	$	196
	Gain on settlement of a lawsuit		764		-		-
	Gain on settlement of a contract dispute		-		15		162
	Other		70		13		24
	Total	$	889	$	107	$	382
	Advertising costs included in general and administrative expenses were $650,000,  $650,000 and $550,000 for 2013, 2012 and 2011, respectively.  Expenses related to rental income at the San Elijo Hills project were $300,000 in each of 2013, 2012 and 2011.

Income_Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2013
Income Taxes [Abstract]	'
Income Taxes	'
	9.             INCOME TAXES
	The benefit (provision) for income taxes for each of the three years in the period ended December 31, 2013 was as follows (in thousands):
		2013		2012		2011
	State income taxes-- current	$	-1,212	$	-642	$	-549
	State income taxes-- deferred		-340		-389		-301
	Federal income taxes-- current		-2,905		-1,337		-1,363
	Federal income taxes-- deferred		-2,041		-1,712		-2,155
		$	-6,498	$	-4,080	$	-4,368
	Current federal income taxes for all years principally relates to federal alternative minimum tax.
	The table below reconciles the expected statutory federal income tax to the actual income tax provision (in thousands):
		2013		2012		2011
	Expected federal income tax provision	$	-6,721	$	-4,029	$	-3,663
	State income taxes, net of federal income tax benefit		-1,009		-670		-621
	Decrease in deferred tax valuation allowance		1,360		742		-
	Recognition of previously unrecognized tax benefits		-		-		160
	Permanent differences		-77		-61		-73
	Other		-51		-62		-171
	Actual income tax provision	$	-6,498	$	-4,080	$	-4,368
	At December 31, 2013 and 2012, the net deferred tax asset consisted of the following (in thousands):
		2013		2012
	Net operating loss carryforwards	$	-	$	3,804
	Land basis		3,503		4,520
	Minimum tax credit carryovers		35,349		33,760
	Other, net		1,860		2,332
			40,712		44,416
	Valuation allowance		-34,299		-35,659
		$	6,413	$	8,757
	As discussed above, during 2013 and 2012 the Company was able to conclude that it is more likely than not that it will be able to realize an additional portion of the Company’s net deferred tax asset; accordingly, approximately $1,350,000 and $750,000 of the deferred tax valuation allowance was released as a credit to income tax expense during 2013 and 2012, respectively.
	The valuation allowance reserves for a substantial portion of the Company’s alternative minimum tax credit carryovers, which have no expiration date.   Minimum tax credit carryovers do not offset alternative minimum tax; however, they are able to reduce the Company’s federal income tax rate to 20% in any given year.  In order to fully utilize its alternative minimum tax credit carryovers, the Company would have to generate an additional $215,000,000 of taxable income above its current estimate to fully utilize all of the credits.  The Company has reserved for this benefit in its valuation allowance.
	The following table reconciles the total amount of unrecognized tax benefits as of the beginning and end of the period presented (in thousands):
		Unrecognized
		Tax Benefits		Interest		Total
	Balance, January 1, 2011	$	90	$	60	$	150
	Additional interest expense recognized		-		10		10
	Reductions as a result of the lapse
	of the statute of limitations		-90		-70		-160
	Balance, December 31, 2011		-		-		-
	Additional interest expense recognized		-		-		-
	Reductions as a result of the lapse
	of the statute of limitations		-		-		-
	Balance, December 31, 2012		-		-		-
	Additional interest expense recognized		-		-		-
	Reductions as a result of the lapse
	of the statute of limitations		-		-		-
	Balance, December 31, 2013	$	-	$	-	$	-
	The Company recognized previously unrecognized tax benefits during 2011 (reducing income tax expense) due to the expiration of the statute of limitations for the 2006 California state income tax return.  The Company does not have any amounts in its consolidated balance sheet for unrecognized tax benefits related to uncertain tax positions at December 31, 2013 and 2012.  The statute of limitations with respect to the Company’s federal income tax returns has expired for all years through 2009 and with respect to California state income tax returns has expired for all years through 2008.

Earnings_Per_Share

Earnings Per Share	12 Months Ended
	Dec. 31, 2013
Earnings Per Share [Abstract]	'
Earnings Per Share	'
	10.          EARNINGS PER SHARE
	Basic earnings per share of common stock was calculated by dividing net income by the sum of the weighted average number of common shares outstanding, and for diluted earnings per share, the incremental weighted average number of shares issuable upon exercise of outstanding options for the periods they were outstanding.  The treasury stock method is used for these calculations.  The numerators and denominators used to calculate basic and diluted earnings per share for 2013, 2012 and 2011 are as follows (in thousands):
		2013		2012		2011
	Numerator – net income attributable to
	HomeFed Corporation common shareholders	$	11,268	$	6,022	$	4,491
	Denominator for basic earnings per share– weighted
	average shares		7,880		7,880		7,880
	Stock options		13		1		-
	Denominator for diluted earnings per share– weighted
	average shares		7,893		7,881		7,880
	For 2011, there is no difference between basic and diluted per share weighted  average amounts primarily because the exercise prices of stock options were greater than the average market price for the period.

Commitments_And_Contingencies

Commitments And Contingencies	12 Months Ended
	Dec. 31, 2013
Commitments And Contingencies [Abstract]	'
Commitments And Contingencies	'
	11.         COMMITMENTS AND CONTINGENCIES
	Prior to its acquisition by the Company, a subsidiary of CDS entered into a non-cancelable operating lease for its office space, a portion of which was sublet to the Company and a portion of which was sublet to Leucadia.  Effective October 2002, as a result of the acquisition of CDS, sublease payments from Leucadia reflected in other income were $12,000 in each of 2013, 2012 and 2011.  Rental expense (net of sublease income) was $350,000 in 2013 and 2012, and $300,000 in 2011; the lease expires in October 2018.  Future minimum annual rentals (exclusive of real estate, maintenance and other charges) are approximately $250,000 per year for the remainder of the lease term.
	The Company is required to obtain infrastructure improvement bonds primarily for the benefit of the City of San Marcos (the “City”) prior to the beginning of lot construction work and warranty bonds upon completion of such improvements in the San Elijo Hills project.  These bonds provide funds primarily to the City in the event the Company is unable or unwilling to complete certain infrastructure improvements in the San Elijo Hills project.  Leucadia is contractually obligated to obtain these bonds on behalf of CDS and its subsidiaries pursuant to the terms of agreements entered into when CDS was acquired by the Company.  CDS is responsible for paying all third party fees related to obtaining the bonds.  Should the City or others draw on the bonds for any reason, one of CDS’s subsidiaries would be obligated to reimburse Leucadia for the amount drawn.  As of December 31, 2013, the amount of outstanding bonds was approximately $2,600,000, none of which has been drawn upon.
	The Company is also required to obtain infrastructure improvement bonds for the benefit of the City of Virginia Beach in connection with the Ashville Park project.  As of December 31, 2013, the amount of outstanding bonds was approximately $1,800,000, none of which has been drawn upon.
	The Company has purchased a  $10,000,000 excess insurance policy that provides coverage for general liability claims relating to homes sold at the San Elijo Hills project through August 1, 2011.  In 2012, the Company purchased a new $1,000,000 primary insurance policy and $10,000,000 excess insurance policy that provides coverage for general liability claims relating to unsold lots as of August 1, 2012.   In 2013, the Company purchased a new $1,000,000 primary insurance policy that provides coverage for general liability claims relating to unsold lots as of August 1, 2013.  In March 2012, the Company purchased a $1,000,000 primary policy and $10,000,000 excess policy that provide coverage for general liability claims related to homes sold at the Ashville Park project that expires in March 2014.  No claims have ever been made under these policies.  In addition, the Company is indemnified by its homebuilders and is named an additional insured by any contractor who works on the property.
	The Company is subject to litigation which arises in the course of its business.  Except as otherwise disclosed herein, based on discussions with counsel, management is of the opinion that such litigation is not likely to have any significant adverse effect on the consolidated financial position of the Company, its consolidated results of operations or liquidity.

Administrative_Services_Agreem

Administrative Services Agreement	12 Months Ended
	Dec. 31, 2013
Administrative Services Agreement [Abstract]	'
Administrative Services Agreement	'
	12.         ADMINISTRATIVE SERVICES AGREEMENT
	Pursuant to administrative services agreements, Leucadia provides administrative and accounting services to the Company, including providing the services of the Company’s Secretary.  Administrative fees paid to Leucadia were $180,000 in each of 2013, 2012 and 2011.  The administrative services agreement automatically renews for successive annual periods unless terminated in accordance with its terms.  Leucadia has the right to terminate the agreement by giving the Company not less than one year’s prior notice, in which event the then monthly fee will remain in effect until the end of the notice period.  The Company has the right to terminate the agreement, without restriction or penalty, upon 30 days prior written notice to Leucadia.  The agreement has not been terminated by either party.

Fair_Value

Fair Value	12 Months Ended
	Dec. 31, 2013
Fair Value [Abstract]	'
Fair Value	'
	13.          FAIR VALUE
	The Company’s material financial instruments include cash and cash equivalents and investments classified as available for sale.  For cash and cash equivalents and investments available  for sale, the carrying amounts of such financial instruments approximate their fair values.
	No assets or liabilities were measured at fair value on a nonrecurring basis as of December 31, 2013 and 2012.
	The Company does not invest in any derivatives or engage in any hedging activities.

Selected_Quarterly_Financial_D

Selected Quarterly Financial Data	12 Months Ended
	Dec. 31, 2013
Selected Quarterly Financial Data [Abstract]	'
Selected Quarterly Financial Data	'
	14.          SELECTED QUARTERLY FINANCIAL DATA (unaudited)
		First		Second		Third		Fourth
		Quarter		Quarter		Quarter		Quarter
		(In thousands, except per share amounts)
	2013:00:00
	Sales of real estate	$	8,271	$	953	$	803	$	40,070
	Farming revenues	$	-	$	-	$	3,805	$	1,077
	Rental income	$	121	$	133	$	126	$	131
	Co-op marketing and advertising fees	$	236	$	280	$	356	$	270
	Cost of sales	$	5,759	$	561	$	471	$	16,407
	Reduction in estimated liability for environmental
	remediation	$	-	$	-662	$	-	$	-
	Farming expenses	$	876	$	897	$	881	$	205
	Income (loss) from operations	$	-1,305	$	-2,345	$	1,126	$	20,837
	Net income (loss) attributable to HomeFed
	Corporation common shareholders	$	-769	$	-1,131	$	902	$	12,266
	Basic earnings (loss) per common share attributable to
	HomeFed Corporation shareholders	$	-0.1	$	-0.14	$	0.11	$	1.56
	Diluted earnings (loss) per common share attributable to
	HomeFed Corporation shareholders	$	-0.1	$	-0.14	$	0.11	$	1.56
	2012:00:00
	Sales of real estate	$	3,350	$	-	$	3,971	$	20,872
	Farming revenues	$	-	$	-	$	4,962	$	1,460
	Rental income	$	124	$	130	$	130	$	125
	Co-op marketing and advertising fees	$	114	$	104	$	75	$	264
	Cost of sales	$	632	$	-	$	2,632	$	10,395
	Reduction in estimated liability for environmental
	remediation	$	-	$	-	$	-	$	1,500
	Farming expenses	$	864	$	763	$	991	$	255
	Income (loss) from operations	$	95	$	-2,473	$	3,412	$	10,371
	Net income (loss) attributable to HomeFed
	Corporation common shareholders	$	-367	$	-1,423	$	2,028	$	5,784
	Basic earnings (loss) per common share attributable to
	HomeFed Corporation shareholders	$	-0.05	$	-0.18	$	0.26	$	0.73
	Diluted earnings (loss) per common share attributable to
	HomeFed Corporation shareholders	$	-0.05	$	-0.18	$	0.26	$	0.73

Summary_Of_Significant_Account1

Summary Of Significant Accounting Policies (Policy)	12 Months Ended
	Dec. 31, 2013
Summary Of Significant Accounting Policies [Abstract]	'
Basis Of Presentation	'
	Basis of Presentation – The accompanying consolidated financial statements include the accounts of HomeFed Corporation (the “Company”), Otay Land Company, LLC and its wholly-owned subsidiaries (“Otay Land Company”), HomeFed Resources Corporation, CDS Holding Corporation and its majority owned subsidiaries (“CDS”), HomeFed Fanita Rancho, LLC (“Fanita Ranch”), Rampage Vineyard, LLC (“Rampage”) and Ashville Park, LLC (“Ashville Park”).  The Company is currently engaged, directly and through its subsidiaries, in the investment in and development of residential real estate properties in California and Virginia.  Real estate development is the Company’s only business segment.  All intercompany balances and transactions have been eliminated in consolidation.
	The Company’s business, real estate development, is highly competitive, and there are numerous residential real estate developers and development projects operating in the same geographic area in which the Company operates.  In addition, the residential real estate development industry is subject to increasing environmental, building, zoning and real estate regulations that are imposed by various federal, state and local authorities.  Timing of the initiation and completion of development projects depends upon receipt of necessary authorizations and approvals.  Furthermore, changes in prevailing local circumstances or applicable laws may require additional approvals, or modifications of approvals previously obtained.  Delays could adversely affect the Company’s ability to complete its projects, significantly increase the costs of doing so or drive potential customers to purchase competitors’ products.  Environmental laws may cause the Company to incur substantial compliance, mitigation and other costs, may restrict or prohibit development in certain areas and may delay completion of the Company’s development projects.  Delays arising from compliance with environmental laws and regulations could adversely affect the Company’s ability to complete its projects and significantly increase development costs.  The Company’s business may also be adversely affected by inflation and is interest-rate sensitive.
Critical Accounting Estimates	'
	Critical Accounting Estimates – The preparation of financial statements in conformity with accounting principles generally accepted in the United States (“GAAP”) requires the Company to make estimates and assumptions that affect the reported amounts in the financial statements and disclosures of contingent assets and liabilities.  On an on-going basis, the Company evaluates all of these estimates and assumptions.  Actual results could differ from those estimates.
Profit Recognition On Sales Of Real Estate	'
	Profit Recognition on Sales of Real Estate – When the Company has an obligation to complete improvements on property subsequent to the date of sale, it utilizes the percentage of completion method of accounting to record revenues and cost of sales.  Under percentage of completion accounting, the Company recognizes revenues and cost of sales based upon the ratio of development costs completed as of the date of sale to an estimate of total development costs which will ultimately be incurred, including an estimate for common areas.  Revenues which cannot be recognized as of the date of sale are reported as deferred revenue on the consolidated balance sheets.
	The Company believes it can reasonably estimate its future costs and profit allocation in order to determine how much revenue should be deferred.  However, such estimates are based on numerous assumptions and require management’s judgment.  For example, the estimate of future development costs includes an assumption about the cost of construction services for which the Company has no current contractual arrangement.  If the estimate of these future costs proves to be too low, then the Company will have recognized too much profit as of the date of sale resulting in less profit to be reported as the improvements are completed.  However, to date the Company’s estimates of future development costs that have been used to determine the amount of revenue to be deferred at the date of sale have subsequently been proven to be reasonably accurate.
	Prior to 2010, the percentage of completion method of accounting was applied for sold properties at the San Elijo Hills project; however, during the fourth quarter of 2009, the Company completed all the required improvements for sold properties at the San Elijo Hills project and all of the remaining deferred revenue was recognized in income.  During 2011 and 2010, since all required improvements to sold properties had been completed as of the closing date, the Company applied the full accrual method for those sales.  Accordingly, the Company recognized total sales proceeds, net of closing costs, in revenues and all costs in cost of sales on the closing date.  Commencing in 2012, revenue is again being deferred until the Company completes required improvements to properties sold.
Income Taxes	'
	Income Taxes – The Company provides for income taxes using the liability method.  The Company records a valuation allowance to reduce its net deferred tax asset to an amount that the Company expects is more likely than not to be realized.  If the Company’s estimate of the realizability of its deferred tax asset changes in the future, an adjustment to the valuation allowance would be recorded which would either increase or decrease income tax expense in such period.  The valuation allowance is determined after considering all relevant facts and circumstances, and is based, in significant part, on the Company’s projection of taxable income in the future.  Since any projection of future profitability is inherently unreliable, changes in the valuation allowance should be expected.
	During 2013, the Company generated profits from lot sales at the San Elijo Hills and Ashville Park projects that were greater than projected as of December 31, 2012.  Also, the Company has entered into agreements to sell additional lots at both projects which are expected to close during 2014.  The Company considered its recent results and pending lot sale agreements to be positive evidence to be considered when estimating its future taxable income.  As a result, the Company was able to conclude that it is more likely than not that it will be able to realize an additional portion of the Company’s net deferred tax asset; accordingly, approximately $1,350,000 of the deferred tax valuation allowance was released as a credit to income tax expense during 2013.
	During 2012 the Company acquired the Ashville Park project, profitably sold finished lots during 2012 and entered into an agreement to sell additional lots in 2013, some of which closed during the first quarter of 2013.  The Company believed that these sales represented positive evidence to be considered when estimating future taxable income that may be generated at the Ashville Park project.  The Company also lowered its estimated liability for environmental remediation costs during 2012, and updated its consolidated projection of future taxable income for this activity and for recent developments at its other projects.  As a result, the Company was able to conclude that it is more likely than not that it will be able to realize an additional portion of the Company’s net deferred tax asset; accordingly, approximately $750,000 of the deferred tax valuation allowance was released as a credit to income tax expense during 2012.
	The projection of future taxable income is based upon numerous assumptions about the future, including future market conditions where the Company’s projects are located, regulatory requirements, estimates of future real estate revenues and development costs, future interest expense, operating and overhead costs and other factors.  To the extent the Company’s actual taxable income in the future exceeds its estimate, the Company will recognize additional tax benefits and reduce its valuation allowance; conversely, if the actual taxable income is less than the amounts projected, an addition to the valuation allowance would be recorded that would increase tax expense in the future.  Adjustments to the valuation allowance in the future should be expected.
	The Company records interest and penalties, if any, with respect to uncertain tax positions as components of income tax expense.  Based on the Company’s evaluation of its tax filings at December 31, 2013, the Company did not record any amounts for uncertain tax positions. If any of the Company’s tax filing positions are successfully challenged, payments could be required that might be material.
Provision For Environmental Remediation	'
	Provision for Environmental Remediation  – The Company records environmental liabilities when it is probable that a liability has been incurred and the amount or range of the liability is reasonably estimable.  During 2002, the Company recorded a charge of $11,150,000 representing its estimate of the cost (including legal fees) to implement the most likely remediation alternative with respect to approximately 30 acres of undeveloped land owned by a subsidiary of Otay Land Company.  The estimated liability was neither discounted nor reduced for claims for recovery from previous owners and users of the land who may be liable, and may increase or decrease based upon the actual extent and nature of the remediation required, the actual cost of the remediation, the expenses of the regulatory process, the costs of post-remediation monitoring requirements, inflation and other items.
	The Company has periodically examined, and when appropriate, adjusted its liability for environmental remediation to reflect its current best estimate.  A change to the current estimate could result from, among other things, that the cost to implement the remediation is different than the Company’s current estimate, that the cost of future on-going monitoring efforts is different than the Company’s current estimate, and/or requirements imposed by regulatory authorities that the Company did not anticipate but is nevertheless required to implement.  During 2004, the Company increased its estimate of remediation costs by approximately $1,300,000, primarily due to increases in site investigation and remediation costs, and during 2003 by approximately $250,000, primarily for consulting costs.  During 2012, the Company’s revised its estimate of future remediation costs, including on-going monitoring expenses, which resulted in a reduction in the previously accrued estimate of $1,500,000.  Such amount was reflected on the consolidated statement of operations as a reduction to expenses.
	During the fourth quarter of 2012, upon receipt of required approvals, the Company commenced remediation activities, which were completed in February 2013.  The Company received final approval from the County of San Diego Department of Environmental Health in June 2013; as a result, the Company reduced its liability for environmental remediation by $650,000.
Provision For Impairment Losses On Real Estate	'
	Provision for Impairment Losses on Real Estate – The Company’s real estate is carried at cost.  Whenever events or changes in circumstances suggest that the carrying amount may not be recoverable, management assesses the recoverability of the carrying amount of its real estate in accordance with GAAP and, if impaired, reduces the carrying amount to its estimated fair value.  The process involved in evaluating assets for impairment and determining fair value requires estimates as to future events and market conditions.  This estimation process may assume that the Company has the ability to complete development and dispose of its real estate properties in the ordinary course of business based on management’s present plans and intentions.  If management determines that the carrying value of a specific real estate investment is impaired, a write-down is recorded as a charge to current period operations.  The evaluation process is based on estimates and assumptions and the ultimate outcome may be different.
	The Company did not record any provisions for impairment losses during the years ended December 31, 2013, 2012 and 2011.
Real Estate	'
	Real Estate – Real estate includes all expenditures incurred in connection with the acquisition, development and construction of the property, including interest and property taxes.  At acquisition, land costs are allocated to individual parcels or lots based on relative fair values.  Subsequent to acquisition, substantially all development costs are specifically identifiable to individual parcels or lots, or are considered allocated costs that are allocated principally based on acreage (principally property taxes, legal fees and consulting fees).  Capitalized land costs are charged to cost of sales at the time that revenue is recognized.
Cash And Cash Equivalents	'
	Cash and Cash Equivalents – Cash equivalents are money market accounts and short‑term, highly liquid investments that have maturities of less than three months at the time of acquisition.
Investments	'
	Investments –  Securities with maturities equal to or greater than three months at the time of acquisition are classified as investments available for sale, and are carried at fair value with unrealized gains and losses reflected as a separate component of shareholders’ equity, net of taxes.  The cost of securities sold is based on specific identification.
Recognition Of Fee Income	'
	Recognition of Fee Income – The Company may be contractually entitled to receive co-op marketing and advertising fees that are due when builders sell homes.  These fees are generally based upon a fixed percentage of the homes’ selling price and are recorded as revenue when the home is sold.
Revenue And Profit Sharing Arrangements	'
	Revenue and Profit Sharing Arrangements –  Certain of the Company’s lot purchase agreements with homebuilders include provisions that entitle the Company to a share of the revenues or profits realized by the homebuilders upon their sale of the homes, after certain thresholds are achieved.  The actual amount which could be received by the Company is generally based on a formula and other specified criteria contained in the lot purchase agreements, and are generally not payable and cannot be determined with reasonable certainty until the builder has completed the sale of a substantial portion of the homes covered by the lot purchase agreement.  The Company’s policy is to accrue revenue earned pursuant to these agreements when amounts are fully earned and payable pursuant to the lot purchase agreements, which is classified as sales of real estate.  Any amounts received from homebuilders prior to then are deferred.
	The Company has not recognized any income from revenue or profit sharing arrangements during the last three years.
Option Deposits	'
	Option Deposits – Option payments received from prospective buyers are recognized as liabilities until the title of the real estate is transferred or the option is forfeited, or in the case of refundable deposits, the prospective buyer decides not to purchase the real estate and the deposit is returned.
Capitalization Of Interest And Real Estate Taxes	'
	Capitalization of Interest and Real Estate Taxes – If applicable, interest and real estate taxes attributable to land and property construction are capitalized and added to the cost of those properties while the properties are being actively developed.
Farming Revenues And Expenses	'
	Farming Revenues and Expenses – Income from farming related activities at the Rampage property are recognized when grapes are sold, and expenses from farming related activities are recognized when incurred.
Share-Based Compensation	'
	Share-Based Compensation – The cost of all share-based payments to employees, including grants of employee stock options and warrants, are recognized in the financial statements based on their fair values.  The cost is recognized as an expense over the vesting period of the award.  The fair value of each award is estimated at the date of grant using the Black-Scholes option pricing model.

Investments_Tables

Investments (Tables)	12 Months Ended
	Dec. 31, 2013
Investments [Abstract]	'
Schedule Of Available For Sale Investments	'
										Fair Value Measurements Using
										Quoted Prices in		Significant
										Active Markets		Other
						Gross		Gross		for		Observable		Total
		Par		Amortized		Unrealized		Unrealized		Identical Assets		Inputs		Fair Value
		Value		Cost		Gains		Losses		(Level 1)		(Level 2)		Measurements
	31-Dec-13
	U.S. Treasury securities	$	31,900	$	31,894	$	2	$	-	$	31,896	$	-	$	31,896
	December 31, 2012
	U.S. Treasury securities	$	36,400	$	36,385	$	5	$	-	$	36,390	$	-	$	36,390

Real_Estate_Tables

Real Estate (Tables)	12 Months Ended
	Dec. 31, 2013
Real Estate [Abstract]	'
Schedule Of Real Estate	'
			December 31,
		2013		2012
	Held for development:
	San Elijo Hills	$	35,915	$	45,585
	Otay Ranch		38,848		36,018
	Ashville Park		9,469		16,335
	Fanita Ranch		14,688		14,054
	Rampage		4,545		4,545
	Subtotal		103,465		116,537
	Held for investment-- San Elijo Hills		3,607		3,708
	Total	$	107,072	$	120,245

Stock_Incentive_Plans_Tables

Stock Incentive Plans (Tables)	12 Months Ended
	Dec. 31, 2013
Stock Incentive Plans [Abstract]	'
Schedule Of Option Activity	'
							Weighted-
		Common		Weighted-			Average
		Shares		Average			Remaining		Aggregate
		Subject to		Exercise			Contractual		Intrinsic
		Option		Price			Term		Value
	Balance at January 1, 2011	104,500		$	30.02
	Granted	6,000		$	21.50
	Cancelled	-6,000		$	65.50
	Balance at December 31, 2011	104,500		$	27.50
	Granted	6,000		$	22.35
	Cancelled	-14,000		$	41.18
	Balance at December 31, 2012	96,500		$	25.19
	Granted	6,000		$	32.30
	Cancelled	-8,000		$	36.44
	Balance at December 31, 2013	94,500		$	24.69		2.4 years		$	1,125,300
	Exercisable at December 31, 2013	53,700		$	24.17		2.1 years		$	667,395
Summary Of Weighted-Average Assumptions	'
		2013			2012			2011
	Risk free rate		1.20%			0.56%			1.13%
	Expected volatility		30.85%			46.90%			46.67%
	Expected dividend yield		0.0%			0.0%			0.0%
	Expected life		4.3 years			4.3 years			4.3 years
	Fair value per grant	$	8.70		$	8.49		$	8.30

Sales_Of_Real_Estate_Tables

Sales Of Real Estate (Tables)	12 Months Ended
	Dec. 31, 2013
Sales Of Real Estate [Abstract]	'
Schedule Of Real Estate Sales	'
		2013		2012		2011
	Developed lots at San Elijo Hills	$	37,370	$	20,649	$	26,697
	Developed lots at Ashville Park		12,038		7,544		-
	Residential condominium units at San Elijo Hills		689		-		825
	Total	$	50,097	$	28,193	$	27,522
Schedule Of Changes In Deferred Revenue	'
		2013		2012
	Deferred revenue balance at January 1,	$	886	$	-
	Revenue deferred on the date of sale		2,660		886
	Deferred revenue recognized in operations		-807		-
	Deferred revenue balance at December 31,	$	2,739	$	886

Other_Results_Of_Operations_Ta

Other Results Of Operations (Tables)	12 Months Ended
	Dec. 31, 2013
Other Results Of Operations [Abstract]	'
Schedule Of Interest And Other Income	'
		2013		2012		2011
	Interest income	$	55	$	79	$	196
	Gain on settlement of a lawsuit		764		-		-
	Gain on settlement of a contract dispute		-		15		162
	Other		70		13		24
	Total	$	889	$	107	$	382

Income_Taxes_Tables

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2013
Income Taxes [Abstract]	'
Schedule Of Components Of Income Tax Benefit (Provision)	'
		2013		2012		2011
	State income taxes-- current	$	-1,212	$	-642	$	-549
	State income taxes-- deferred		-340		-389		-301
	Federal income taxes-- current		-2,905		-1,337		-1,363
	Federal income taxes-- deferred		-2,041		-1,712		-2,155
		$	-6,498	$	-4,080	$	-4,368
Reconciliation Of Effective Tax Provision	'
		2013		2012		2011
	Expected federal income tax provision	$	-6,721	$	-4,029	$	-3,663
	State income taxes, net of federal income tax benefit		-1,009		-670		-621
	Decrease in deferred tax valuation allowance		1,360		742		-
	Recognition of previously unrecognized tax benefits		-		-		160
	Permanent differences		-77		-61		-73
	Other		-51		-62		-171
	Actual income tax provision	$	-6,498	$	-4,080	$	-4,368
Schedule Of Deferred Tax Assets	'
		2013		2012
	Net operating loss carryforwards	$	-	$	3,804
	Land basis		3,503		4,520
	Minimum tax credit carryovers		35,349		33,760
	Other, net		1,860		2,332
			40,712		44,416
	Valuation allowance		-34,299		-35,659
		$	6,413	$	8,757
Changes In Unrecognized Tax Benefits	'
		Unrecognized
		Tax Benefits		Interest		Total
	Balance, January 1, 2011	$	90	$	60	$	150
	Additional interest expense recognized		-		10		10
	Reductions as a result of the lapse
	of the statute of limitations		-90		-70		-160
	Balance, December 31, 2011		-		-		-
	Additional interest expense recognized		-		-		-
	Reductions as a result of the lapse
	of the statute of limitations		-		-		-
	Balance, December 31, 2012		-		-		-
	Additional interest expense recognized		-		-		-
	Reductions as a result of the lapse
	of the statute of limitations		-		-		-
	Balance, December 31, 2013	$	-	$	-	$	-

Earnings_Per_Share_Tables

Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2013
Earnings Per Share [Abstract]	'
Schedule Of Calculation Of Numerator And Denominator For Loss Per Common Share	'
		2013		2012		2011
	Numerator – net income attributable to
	HomeFed Corporation common shareholders	$	11,268	$	6,022	$	4,491
	Denominator for basic earnings per share– weighted
	average shares		7,880		7,880		7,880
	Stock options		13		1		-
	Denominator for diluted earnings per share– weighted
	average shares		7,893		7,881		7,880

Selected_Quarterly_Financial_D1

Selected Quarterly Financial Data (Tables)	12 Months Ended
	Dec. 31, 2013
Selected Quarterly Financial Data [Abstract]	'
Schedule Of Quarterly Financial Data	'
		First		Second		Third		Fourth
		Quarter		Quarter		Quarter		Quarter
		(In thousands, except per share amounts)
	2013:00:00
	Sales of real estate	$	8,271	$	953	$	803	$	40,070
	Farming revenues	$	-	$	-	$	3,805	$	1,077
	Rental income	$	121	$	133	$	126	$	131
	Co-op marketing and advertising fees	$	236	$	280	$	356	$	270
	Cost of sales	$	5,759	$	561	$	471	$	16,407
	Reduction in estimated liability for environmental
	remediation	$	-	$	-662	$	-	$	-
	Farming expenses	$	876	$	897	$	881	$	205
	Income (loss) from operations	$	-1,305	$	-2,345	$	1,126	$	20,837
	Net income (loss) attributable to HomeFed
	Corporation common shareholders	$	-769	$	-1,131	$	902	$	12,266
	Basic earnings (loss) per common share attributable to
	HomeFed Corporation shareholders	$	-0.1	$	-0.14	$	0.11	$	1.56
	Diluted earnings (loss) per common share attributable to
	HomeFed Corporation shareholders	$	-0.1	$	-0.14	$	0.11	$	1.56
	2012:00:00
	Sales of real estate	$	3,350	$	-	$	3,971	$	20,872
	Farming revenues	$	-	$	-	$	4,962	$	1,460
	Rental income	$	124	$	130	$	130	$	125
	Co-op marketing and advertising fees	$	114	$	104	$	75	$	264
	Cost of sales	$	632	$	-	$	2,632	$	10,395
	Reduction in estimated liability for environmental
	remediation	$	-	$	-	$	-	$	1,500
	Farming expenses	$	864	$	763	$	991	$	255
	Income (loss) from operations	$	95	$	-2,473	$	3,412	$	10,371
	Net income (loss) attributable to HomeFed
	Corporation common shareholders	$	-367	$	-1,423	$	2,028	$	5,784
	Basic earnings (loss) per common share attributable to
	HomeFed Corporation shareholders	$	-0.05	$	-0.18	$	0.26	$	0.73
	Diluted earnings (loss) per common share attributable to
	HomeFed Corporation shareholders	$	-0.05	$	-0.18	$	0.26	$	0.73

Summary_Of_Significant_Account2

Summary Of Significant Accounting Policies (Details) (USD $)	1 Months Ended	3 Months Ended		12 Months Ended
	Jun. 30, 2013	Jun. 30, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2004	Dec. 31, 2003	Dec. 31, 2002
				acre
Summary Of Significant Accounting Policies [Abstract]	'	'	'	'	'	'	'	'	'
Deferred tax valuation allowance was released as a credit to income tax expense	'	'	'	$1,350,000	$750,000	'	'	'	'
Environmental remediation charge	'	'	'	'	'	'	1,300,000	250,000	11,150,000
Area of land related to environmental remediation	'	'	'	30	'	'	'	'	'
Reduction in the previously accrued environmental remediation amount	650,000	662,000	-1,500,000	'	1,500,000	'	'	'	'
Provision for impairment losses on real estate	'	'	'	$0	$0	$0	'	'	'

Acquisition_Of_CDS_Details

Acquisition Of CDS (Details) (USD $)	1 Months Ended
	Oct. 31, 2002
Acquisition Of CDS [Abstract]	'
Cash consideration	$25,000,000
Cash paid for acquired entity	$1,000,000
Shares issued for acquired entity	2,474,226
Percentage of outstanding shares acquired	30.00%

Investments_Narrative_Details

Investments (Narrative) (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Investments [Abstract]	'	'	'
Proceeds from sale of avaliable for sale investments	$0	$2,600,000	$0

Investments_Schedule_Of_Avalia

Investments (Schedule Of Avaliable For Sale Investments) (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Schedule of Available-for-sale Securities [Line Items]	'	'
Amortized Cost	$31,894	$36,385
US Treasury Securities [Member]	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Par Value	31,900	36,400
Amortized Cost	31,894	36,385
Gross Unrealized Gains	2	5
Gross Unrealized Losses	'	'
Fair Value Measurements	31,896	36,390
Quoted Prices In Active Markets For Identical Assets (Level 1) [Member] | US Treasury Securities [Member]	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Fair Value Measurements	31,896	36,390
Significant Other Observable Inputs (Level 2) [Member] | US Treasury Securities [Member]	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Fair Value Measurements	'	'

Real_Estate_Narrative_Details

Real Estate (Narrative) (Details) (USD $)	12 Months Ended			1 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Feb. 29, 2012	Jan. 31, 2011	Oct. 31, 2012	Feb. 29, 2012	Oct. 31, 2012	Feb. 29, 2012	Oct. 31, 2012
				Ashville Park [Member]	Fanita Ranch [Member]	San Elijo Hills [Member]	Single Family Lots [Member]	Single Family Lots [Member]	Finished Single Family Lots [Member]	Finished Single Family Lots [Member]
				acre	acre		Ashville Park [Member]	San Elijo Hills [Member]	Ashville Park [Member]	San Elijo Hills [Member]
					property		property	property	property	property
Real Estate Properties [Line Items]	'	'	'	'	'	'	'	'	'	'
Area of real estate property (acres)	'	'	'	450	2,600	'	'	'	'	'
Purchase price of property acquired	'	'	'	'	$12,350,000	'	'	'	'	'
Cash payment for acquisition of real estate	$507,000	$32,178,000	$11,000,000	$17,350,000	$11,000,000	$14,850,000	'	'	'	'
Residential units	'	'	'	'	1,400	'	451	52	91	6

Real_Estate_Schedule_Of_Real_E

Real Estate (Schedule Of Real Estate) (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Real Estate Properties [Line Items]	'	'
Held for development	$103,465	$116,537
Held for investment - San Elijo Hills	3,607	3,708
Total	107,072	120,245
San Elijo Hills [Member]	'	'
Real Estate Properties [Line Items]	'	'
Held for development	35,915	45,585
Otay Ranch [Member]	'	'
Real Estate Properties [Line Items]	'	'
Held for development	38,848	36,018
Ashville Park [Member]	'	'
Real Estate Properties [Line Items]	'	'
Held for development	9,469	16,335
Fanita Ranch [Member]	'	'
Real Estate Properties [Line Items]	'	'
Held for development	14,688	14,054
Rampage [Member]	'	'
Real Estate Properties [Line Items]	'	'
Held for development	$4,545	$4,545

Noncontrolling_Interest_Detail

Noncontrolling Interest (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2012	Dec. 31, 2013
			CDS Devco, Inc. [Member]	San Elijo Ranch, Inc. [Member]
Noncontrolling Interest [Line Items]	'	'	'	'
Ownership percentage of San Elijo Ranch, Inc.	'	'	'	85.00%
Previous ownership percentage of San Elijo Ranch, Inc.	'	'	68.00%	'
Rate of return on advances to subsidiary	'	'	'	12.00%
Noncontrolling interest	$10,095,000	$8,659,000	'	$10,100,000
Percentage of future cash flows entitled to noncontrolling interests	'	'	20.00%	15.00%
Acquisition of noncontrolling interest	'	'	5,000,000	'
Difference between amount paid and recorded for noncontrolling interest	'	'	$4,450,000	'

Stock_Incentive_Plans_Narrativ

Stock Incentive Plans (Narrative) (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2009	Dec. 31, 2008	Dec. 31, 1999	Aug. 31, 2004	Jul. 31, 2004
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'	'	'	'
Maximum grants avaliable per employee	'	'	'	'	'	30,000	'	'
Common stock avaliable for grant	'	'	'	'	'	'	300,000	'
Number of shares avaliable for grant	405,400	'	'	'	'	'	'	'
Compensation costs related to stock incentive plans	$190,000	$180,000	$220,000	'	'	'	'	'
Impact of compensation costs related to stock incentive plans on net income	110,000	110,000	130,000	'	'	'	'	'
Total unrecognized compensation cost	300,000	'	'	'	'	'	'	'
Weighted-average period of recognition for total unrecognized compensation cost	'1 year	'	'	'	'	'	'	'
Number of shares authorized for repurchase	'	'	'	'	'	'	'	500,000
Common stock repurchased, shares	'	'	'	478	394,931	'	'	'
Purchase of common shares for treasury	'	'	'	'	$5,900,000	'	'	'
Remaining number of shares authorized for repurchase	104,591	'	'	'	'	'	'	'
Minimum [Member]	'	'	'	'	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'	'	'	'
Percentage of fair market value allowed for the issuance of options and rights	100.00%	'	'	'	'	'	'	'
Directors [Member]	'	'	'	'	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'	'	'	'
Automatic annual grant to directors	1,000	'	'	'	'	'	'	'
Vesting period	'4 years	'	'	'	'	'	'	'
Term until first instalment of vesting becomes exercisable	'1 year	'	'	'	'	'	'	'
Term until expiration	'5 years	'	'	'	'	'	'	'
Employees And Certain Non-Employees [Member]	'	'	'	'	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'	'	'	'
Vesting period	'5 years	'	'	'	'	'	'	'
Term until first instalment of vesting becomes exercisable	'1 year	'	'	'	'	'	'	'
Term until expiration	'6 years	'	'	'	'	'	'	'

Stock_Incentive_Plans_Schedule

Stock Incentive Plans (Schedule Of Option Activity) (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Stock Incentive Plans [Abstract]	'	'	'
Common Shares Subject to Option, Balance	96,500	104,500	104,500
Common Shares Subject to Option, Granted	6,000	6,000	6,000
Common Shares Subject to Option, Cancelled	-8,000	-14,000	-6,000
Common Shares Subject to Option, Balance	94,500	96,500	104,500
Common Shares Subject to Option, Exercisable at December 31, 2013	53,700	'	'
Weighted-Average Exercise Price, Balance	$25.19	$27.50	$30.02
Weighted-Average Exercise Price, Granted	$32.30	$22.35	$21.50
Weighted-Average Exercise Price, Cancelled	$36.44	$41.18	$65.50
Weighted-Average Exercise Price, Balance	$24.69	$25.19	$27.50
Weighted-Average Exercise Price, Exercisable at December 31, 2013	$24.17	'	'
Weighted Average Remaining Contractual Term, Balance at December 31, 2013	'2 years 4 months 24 days	'	'
Weighted Average Remaining Contractual Term, Exercisable at December 31, 2013	'2 years 1 month 6 days	'	'
Aggregate Intrinsic Value, Balance at December 31, 2013	$1,125,300	'	'
Aggregate Intrinsic Value, Exercisable at December 31, 2013	$667,395	'	'

Stock_Incentive_Plans_Summary_

Stock Incentive Plans (Summary Of Weighted-Average Assumptions) (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Stock Incentive Plans [Abstract]	'	'	'
Risk free interest rate	1.20%	0.56%	1.13%
Expected volatility	30.85%	46.90%	46.67%
Expected dividend yield	0.00%	0.00%	0.00%
Expected life	'4 years 3 months 18 days	'4 years 3 months 18 days	'4 years 3 months 18 days
Fair value per grant	$8.70	$8.49	$8.30

Sales_Of_Real_Estate_Narrative

Sales Of Real Estate (Narrative) (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2013	Mar. 31, 2014
		Ashville Park Project [Member]	Ashville Park Project [Member]
		property	Subsequent Event [Member]
			property
Real Estate Properties [Line Items]	'	'	'
Estimated costs to complete construction, including common areas	$1,500,000	'	'
Number of real estate properties contracted to sell	'	15	'
Sales price of real estate lots contracted to sell	'	2,500,000	'
Non-refundable option payment received	'	100,000	'
Number of real estate properties sold	'	'	5
Cash proceeds	'	'	$800,000

Sales_Of_Real_Estate_Schedule_

Sales Of Real Estate (Schedule Of Real Estate Sales) (Details) (USD $)	3 Months Ended							12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Mar. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Real Estate Properties [Line Items]	'	'	'	'	'	'	'	'	'	'
Sales of real estate	$40,070	$803	$953	$8,271	$20,872	$3,971	$3,350	$50,097	$28,193	$27,522
Developed Lots [Member] | San Elijo Hills [Member]	'	'	'	'	'	'	'	'	'	'
Real Estate Properties [Line Items]	'	'	'	'	'	'	'	'	'	'
Sales of real estate	'	'	'	'	'	'	'	37,370	20,649	26,697
Developed Lots [Member] | Ashville Park [Member]	'	'	'	'	'	'	'	'	'	'
Real Estate Properties [Line Items]	'	'	'	'	'	'	'	'	'	'
Sales of real estate	'	'	'	'	'	'	'	12,038	7,544	'
Residential Condominium Unit [Member] | San Elijo Hills [Member]	'	'	'	'	'	'	'	'	'	'
Real Estate Properties [Line Items]	'	'	'	'	'	'	'	'	'	'
Sales of real estate	'	'	'	'	'	'	'	$689	'	$825

Sales_Of_Real_Estate_Schedule_1

Sales Of Real Estate (Schedule Of Changes In Deferred Revenue) (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Sales Of Real Estate [Abstract]	'	'
Deferred Revenue, Beginning Balance	$886	'
Revenue deferred on the date of sale	2,660	886
Deferred revenue recognized in operations	-807	'
Deferred Revenue, Ending Balance	$2,739	$886

Other_Results_Of_Operations_Na

Other Results Of Operations (Narrative) (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Other Results Of Operations [Abstract]	'	'	'
Advertising costs	$650,000	$650,000	$550,000
Expenses related to rental income	$300,000	$300,000	$300,000

Other_Results_Of_Operations_Sc

Other Results Of Operations (Schedule Of Interest And Other Income) (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Other Results Of Operations [Abstract]	'	'	'
Interest income	$55	$79	$196
Gain on settlement of a lawsuit	764	'	'
Gain on settlement of a contract dispute	'	15	162
Other	70	13	24
Total	$889	$107	$382

Income_Taxes_Narrative_Details

Income Taxes (Narrative) (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Income Taxes [Abstract]	'	'
Deferred tax valuation allowance was released as a credit to income tax expense	$1,350,000	$750,000
Alternative minimum tax rate	20.00%	'
Taxable income necessary to utilize all alternative minimum tax credits	$215,000,000	'

Income_Taxes_Schedule_Of_Compo

Income Taxes (Schedule Of Components Of Income Tax Benefit (Provision)) (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Income Taxes [Abstract]	'	'	'
State income taxes - current	($1,212)	($642)	($549)
State income taxes - deferred	-340	-389	-301
Federal income taxes - current	-2,905	-1,337	-1,363
Federal income taxes - deferred	-2,041	-1,712	-2,155
Income tax provision	($6,498)	($4,080)	($4,368)

Income_Taxes_Reconciliation_Of

Income Taxes (Reconciliation Of Effective Tax Provision) (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Income Taxes [Abstract]	'	'	'
Expected federal income tax provision	($6,721)	($4,029)	($3,663)
State income taxes, net of federal income tax benefit	-1,009	-670	-621
Decrease in deferred tax valuation allowance	1,360	742	'
Recognition of previously unrecognized tax benefits	'	'	160
Permanent differences	-77	-61	-73
Other	-51	-62	-171
Income tax provision	($6,498)	($4,080)	($4,368)

Income_Taxes_Schedule_Of_Defer

Income Taxes (Schedule Of Deferred Tax Assets) (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Income Taxes [Abstract]	'	'
Net operating loss carryforwards	'	$3,804
Land basis	3,503	4,520
Minimum tax credit carryovers	35,349	33,760
Other, net	1,860	2,332
Deferred tax asset, gross	40,712	44,416
Valuation allowance	-34,299	-35,659
Deferred tax asset, net	$6,413	$8,757

Income_Taxes_Changes_In_Unreco

Income Taxes (Changes In Unrecognized Tax Benefits) (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Unrecognized Tax Benefits Components [Line Items]	'	'	'
Unrecognized Tax Benefits, Beginning Balance	'	'	$150
Additional interest expense recognized	'	'	10
Reductions as a result of the lapse of the statute of limitations	'	'	-160
Unrecognized Tax Benefits, Ending Balance	'	'	'
Unrecognized Tax Benefits [Member]	'	'	'
Unrecognized Tax Benefits Components [Line Items]	'	'	'
Unrecognized Tax Benefits, Beginning Balance	'	'	90
Additional interest expense recognized	'	'	'
Reductions as a result of the lapse of the statute of limitations	'	'	-90
Unrecognized Tax Benefits, Ending Balance	'	'	'
Interest [Member]	'	'	'
Unrecognized Tax Benefits Components [Line Items]	'	'	'
Unrecognized Tax Benefits, Beginning Balance	'	'	60
Additional interest expense recognized	'	'	10
Reductions as a result of the lapse of the statute of limitations	'	'	-70
Unrecognized Tax Benefits, Ending Balance	'	'	'

Earnings_Loss_Per_Common_Share

Earnings (Loss) Per Common Share (Details) (USD $)	3 Months Ended								12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Earnings Per Share [Abstract]	'	'	'	'	'	'	'	'	'	'	'
Numerator- net income attributable to HomeFed Corporation common shareholders	$12,266	$902	($1,131)	($769)	$5,784	$2,028	($1,423)	($367)	$11,268	$6,022	$4,491
Denominator for basic earnings per shareb weighted average shares	'	'	'	'	'	'	'	'	7,880	7,880	7,880
Stock options	'	'	'	'	'	'	'	'	13	1	'
Denominator for diluted earnings per shareb weighted average shares	'	'	'	'	'	'	'	'	7,893	7,881	7,880

Commitments_And_Contingencies_

Commitments And Contingencies (Details) (USD $)	12 Months Ended			7 Months Ended	12 Months Ended			12 Months Ended		12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Jul. 31, 2011	Dec. 31, 2012	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2013	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2012
				General Liability And Professional Liability Insurance [Member]	General Liability And Professional Liability Insurance [Member]	General Liability [Member]	San Elijo Hills [Member]	San Elijo Hills [Member]	Ashville Park [Member]	2012 Policy [Member]	2012 Policy [Member]
								General Liability [Member]		San Elijo Hills [Member]	San Elijo Hills [Member]
										General Liability And Professional Liability Insurance [Member]	General Liability [Member]
Commitments And Contingencies [Line Items]	'	'	'	'	'	'	'	'	'	'	'
Sublease payments from Leucadia	$12,000	$12,000	$12,000	'	'	'	'	'	'	'	'
Rental expense (net of sublease income)	350,000	350,000	300,000	'	'	'	'	'	'	'	'
Future minimum annual rentals	250,000	'	'	'	'	'	'	'	'	'	'
Amount of outstanding bonds	'	'	'	'	'	'	2,600,000	'	1,800,000	'	'
Insurance coverage	'	'	'	$10,000,000	$10,000,000	$1,000,000	'	$1,000,000	'	$10,000,000	$1,000,000

Administrative_Services_Agreem1

Administrative Services Agreement (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Administrative Services Agreement [Abstract]	'	'	'
Administrative services fee expenses	$180	$180	$180
Notice required for Leucadia to cancel agreement	'1 year	'	'
Notice required for company to cancel agreement	'30 days	'	'

Fair_Value_Details

Fair Value (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Fair Value [Abstract]	'	'
Assets measured at fair value on a nonrecurring basis	$0	$0
Liabilities measured at fair value on a nonrecurring basis	$0	$0

Selected_Quarterly_Financial_D2

Selected Quarterly Financial Data (Details) (USD $)	1 Months Ended	3 Months Ended								12 Months Ended
	Jun. 30, 2013	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Selected Quarterly Financial Data [Abstract]	'	'	'	'	'	'	'	'	'	'	'	'
Sales of real estate	'	$40,070,000	$803,000	$953,000	$8,271,000	$20,872,000	$3,971,000	'	$3,350,000	$50,097,000	$28,193,000	$27,522,000
Farming revenues	'	1,077,000	3,805,000	'	'	1,460,000	4,962,000	'	'	4,882,000	6,422,000	5,979,000
Rental income	'	131,000	126,000	133,000	121,000	125,000	130,000	130,000	124,000	511,000	509,000	448,000
Co-op marketing and advertising fees	'	270,000	356,000	280,000	236,000	264,000	75,000	104,000	114,000	1,142,000	557,000	192,000
Cost of sales	'	16,407,000	471,000	561,000	5,759,000	10,395,000	2,632,000	'	632,000	23,198,000	13,659,000	12,939,000
Reduction in estimated liability for environmental remediation	-650,000	'	'	-662,000	'	1,500,000	'	'	'	'	-1,500,000	'
Farming expenses	'	205,000	881,000	897,000	876,000	255,000	991,000	763,000	864,000	2,859,000	2,873,000	2,862,000
Income (loss) from operations	'	20,837,000	1,126,000	-2,345,000	-1,305,000	10,371,000	3,412,000	-2,473,000	95,000	18,313,000	11,405,000	10,083,000
Net income (loss) attributable to HomeFed Corporation common shareholders	'	$12,266,000	$902,000	($1,131,000)	($769,000)	$5,784,000	$2,028,000	($1,423,000)	($367,000)	$11,268,000	$6,022,000	$4,491,000
Basic earnings (loss) per common share attributable to HomeFed Corporation common shareholders	'	$1.56	$0.11	($0.14)	($0.10)	$0.73	$0.26	($0.18)	($0.05)	'	'	'
Diluted earnings (loss) per common share attributable to HomeFed Corporation common shareholders	'	$1.56	$0.11	($0.14)	($0.10)	$0.73	$0.26	($0.18)	($0.05)	'	'	'