Tejon Ranch (TRC) 10-Q 12 Nov 13 2013 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Sep. 30, 2013	Nov. 01, 2013
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'TEJON RANCH CO	'
Entity Central Index Key	'0000096869	'
Document Type	'10-Q	'
Document Period End Date	30-Sep-13	'
Amendment Flag	'false	'
Document Fiscal Year Focus	'2013	'
Document Fiscal Period Focus	'Q3	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Accelerated Filer	'
Entity Common Stock Shares Outstanding	'	20,140,872
Trading Symbol	'TRC	'

Unaudited_Consolidated_Stateme

Unaudited Consolidated Statements of Operations (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Revenues:	'	'	'	'
Total revenues	$15,128	$16,114	$32,363	$33,542
Costs and Expenses:	'	'	'	'
Total expenses	13,383	12,112	29,361	30,430
Operating income	1,745	4,002	3,002	3,112
Other Income:	'	'	'	'
Investment income	216	313	729	948
Interest income (expense)	0	33	0	-2
Other income	20	15	37	50
Total other income	236	361	766	996
Income from operations before equity in earnings of unconsolidated joint ventures	1,981	4,363	3,768	4,108
Equity in earnings of unconsolidated joint ventures, net	1,241	1,114	2,920	1,648
Income before income tax expense	3,222	5,477	6,688	5,756
Income tax expense	919	1,525	1,752	1,461
Net income	2,303	3,952	4,936	4,295
Net income (loss) attributable to non-controlling interest	11	-69	-55	-119
Net income attributable to common stockholders	2,292	4,021	4,991	4,414
Net income per share attributable to common stockholders, basic (usd per share)	$0.11	$0.20	$0.25	$0.22
Net income per share attributable to common stockholders, diluted (usd per share)	$0.11	$0.20	$0.25	$0.22
Real estate - commercial/industrial	'	'	'	'
Revenues:	'	'	'	'
Total revenues	2,842	2,738	8,389	7,509
Costs and Expenses:	'	'	'	'
Total expenses	3,290	3,056	9,544	8,994
Real estate - resort/residential	'	'	'	'
Revenues:	'	'	'	'
Total revenues	410	132	881	267
Costs and Expenses:	'	'	'	'
Total expenses	804	1,430	2,378	3,585
Mineral resources	'	'	'	'
Revenues:	'	'	'	'
Total revenues	2,424	3,447	8,055	11,232
Costs and Expenses:	'	'	'	'
Total expenses	152	33	377	190
Farming	'	'	'	'
Revenues:	'	'	'	'
Total revenues	9,452	9,797	15,038	14,534
Costs and Expenses:	'	'	'	'
Total expenses	6,224	5,003	9,660	8,224
Corporate expenses	'	'	'	'
Costs and Expenses:	'	'	'	'
Total expenses	$2,913	$2,590	$7,402	$9,437

Unaudited_Consolidated_Stateme1

Unaudited Consolidated Statements of Comprehensive Income (Loss) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Statement of Other Comprehensive Income [Abstract]	'	'	'	'
Net income	$2,303	$3,952	$4,936	$4,295
Other comprehensive income (loss):	'	'	'	'
Unrealized gains (losses) on available for sale securities	99	193	-353	344
Equity in other comprehensive income of unconsolidated joint venture	0	33	0	152
Other comprehensive income (loss) before taxes	99	226	-353	496
(Provisions) benefit for income taxes related to other comprehensive income (loss) items	-40	-90	141	-198
Other comprehensive income (loss)	59	136	-212	298
Total comprehensive income	2,362	4,088	4,724	4,593
Total comprehensive income (loss) attributable to non-controlling interests	11	-69	-55	-119
Total comprehensive income attributable to common stockholders	$2,351	$4,157	$4,779	$4,712

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Current Assets:	'	'
Cash and cash equivalents	$9,082	$7,219
Marketable securities - available-for-sale	64,487	65,049
Accounts receivable	10,341	8,768
Inventories	6,555	3,839
Prepaid expenses and other current assets	3,798	4,881
Deferred tax assets	1,180	997
Total current assets	95,443	90,753
Property and equipment - net of depreciation (includes $74,426 at September 30, 2013 and $72,115 at December 31, 2012, attributable to Centennial Founders LLC, Note 12)	143,284	146,590
Investments in unconsolidated joint ventures	62,000	54,022
Long-term water assets	30,349	28,565
Long-term deferred tax assets	5,166	5,376
Other assets	2,151	2,550
TOTAL ASSETS	338,393	327,856
Current Liabilities:	'	'
Trade accounts payable	1,855	3,845
Accrued liabilities and other	4,252	2,132
Income taxes payable	835	0
Deferred income	1,147	1,195
Current portion of long-term debt	231	41
Total current liabilities	8,320	7,213
Long-term debt, less current portion	4,519	212
Long-term deferred gains	2,248	2,248
Other liabilities	7,382	6,508
Pension liability	2,929	3,416
Total liabilities	25,398	19,597
Commitments and contingencies	'	'
Tejon Ranch Co. Stockholders’ Equity	'	'
Common stock, $.50 par value per share: Authorized shares - 30,000,000 Issued and outstanding shares - 20,140,872 at September 30, 2013 and 20,085,865 at December 31, 2012	10,070	10,043
Additional paid-in capital	205,032	198,117
Accumulated other comprehensive loss	-5,330	-5,118
Retained earnings	63,611	65,550
Total Tejon Ranch Co. Stockholders’ Equity	273,383	268,592
Non-controlling interest	39,612	39,667
Total equity	312,995	308,259
TOTAL LIABILITIES AND EQUITY	$338,393	$327,856

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, except Share data, unless otherwise specified
Property and equipment, net	$143,284	$146,590
Common stock, par value	$0.50	$0.50
Common stock, Authorized shares	30,000,000	30,000,000
Common stock, Issued shares	20,140,872	20,085,865
Common stock, outstanding shares	20,140,872	20,085,865
Centennial Founders, LLC	'	'
Property and equipment, net	$74,426	$72,115

Unaudited_Consolidated_Stateme2

Unaudited Consolidated Statements of Cash Flows (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Operating Activities	'	'
Net income	$4,936	$4,295
Adjustments to reconcile net income to net cash provided by (used in) operating activities:	'	'
Depreciation and amortization	2,836	3,656
Amortization of premium/discount of marketable securities	682	638
Equity in earnings of unconsolidated joint ventures, net	-2,920	-1,648
Non-cash retirement plan expense	487	313
Gains on sales of real estate/assets	-50	-606
Deferred income taxes	210	0
Amortization of stock compensation expense	401	4,184
Distribution of earnings from unconsolidated joint ventures	0	7,200
Changes in operating assets and liabilities:	'	'
Receivables, inventories and other assets, net	-2,260	-5,458
Current liabilities, net	703	-1,088
Net cash provided by operating activities	5,025	11,486
Investing Activities	'	'
Maturities and sales of marketable securities	20,364	14,266
Funds invested in marketable securities	-20,837	-13,831
Property and equipment expenditures	-15,789	-15,777
Investment in long term term water assets	-2,315	0
Investment in unconsolidated joint ventures	-2,899	-5,404
Distribution of equity from unconsolidated joint ventures	0	1,012
Reimbursement of outlet center costs	512	0
Reimbursement proceeds from community facilities district	14,139	0
Other	-200	-776
Net cash used in investing activities	-7,025	-20,510
Financing Activities	'	'
Borrowings of short-term debt	0	1,500
Repayments of short-term debt	0	-1,500
Borrowings of long-term debt	4,750	0
Repayments of long-term debt	-253	-28
Proceeds from exercise of stock options	211	158
Taxes on vested stock grants	-845	-2,270
Net cash provided by (used in) financing activities	3,863	-2,140
Increase (decrease) in cash and cash equivalents	1,863	-11,164
Cash and cash equivalents at beginning of year	7,219	18,372
Cash and cash equivalents at end of period	9,082	7,208
Supplemental cash flow information	'	'
Accrued capital expenditures included in current liabilities	73	31
Sale of assets accounted as direct finance leases	$0	$913

Unaudited_Consolidated_Stateme3

Unaudited Consolidated Statements of Equity (USD $)	Total	Common Stock	Additional Paid-In Capital	Accumulated Other Comprehensive Income (Loss)	Retained Earnings	Total Tejon Ranch Co.’s Stockholders' Equity	Noncontrolling Interest
In Thousands, except Share data, unless otherwise specified
Beginning Balance, Value at Dec. 31, 2011	$300,439	$9,988	$194,273	($4,756)	$61,109	$260,614	$39,825
Beginning Balance (in shares) at Dec. 31, 2011	'	19,975,706	'	'	'	'	'
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'	'	'	'
Net income	4,283	'	'	'	4,441	4,441	-158
Other comprehensive income	-362	'	'	-362	'	-362	'
Exercise of stock options (shares)	'	13,641	'	'	'	'	'
Exercise of stock options and related tax benefit of $3 for nine months ended September 30, 2013 and $8 for the 12 months ended December 31, 2012	370	7	363	'	'	370	'
Restricted stock issuance (in shares)	'	179,172	'	'	'	'	'
Restricted stock issuance	0	89	-89	'	'	0	'
Stock compensation	5,832	'	5,832	'	'	5,832	'
Shares withheld for taxes (in shares)	'	-82,654	'	'	'	'	'
Shares withheld for taxes	-2,303	-41	-2,262	'	'	-2,303	'
Ending Balance, Value at Dec. 31, 2012	308,259	10,043	198,117	-5,118	65,550	268,592	39,667
Ending Balance (in shares) at Dec. 31, 2012	'	20,085,865	'	'	'	'	'
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'	'	'	'
Net income	4,936	'	'	'	4,991	4,991	-55
Other comprehensive income	-212	'	'	-212	'	-212	'
Exercise of stock options (shares)	'	7,567	'	'	'	'	'
Exercise of stock options and related tax benefit of $3 for nine months ended September 30, 2013 and $8 for the 12 months ended December 31, 2012	211	4	207	'	'	211	'
Restricted stock issuance (in shares)	'	75,749	'	'	'	'	'
Restricted stock issuance	0	37	-37	'	'	0	'
Stock compensation	646	'	646	'	'	646	'
Shares withheld for taxes (in shares)	'	-28,309	'	'	'	'	'
Shares withheld for taxes	-845	-14	-831	'	'	-845	'
Warrants issued as dividends (3,000,000 warrants)	'	'	6,930	'	-6,930	'	'
Ending Balance, Value at Sep. 30, 2013	$312,995	$10,070	$205,032	($5,330)	$63,611	$273,383	$39,612
Ending Balance (in shares) at Sep. 30, 2013	'	20,140,872	'	'	'	'	'

Unaudited_Consolidated_Stateme4

Unaudited Consolidated Statements of Equity (Parenthetical) (USD $)	9 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
Statement of Stockholders' Equity [Abstract]	'	'
Exercise of stock options, tax benefit	$3	$8
Warrant issued	3,000	'

Basis_of_Presentation

Basis of Presentation	9 Months Ended
	Sep. 30, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
BASIS OF PRESENTATION	'
	BASIS OF PRESENTATION
	The summarized information of Tejon Ranch Co. and its subsidiaries, (collectively, the “Company”), furnished pursuant to the instructions to Part I of Form 10-Q is unaudited and reflects all adjustments which are, in the opinion of the Company’s management, necessary for a fair statement of the results for the interim period. All such adjustments are of a normal recurring nature. The Company has reclassified certain prior period amounts in the consolidated statements of operations, and cash flows to conform to the current year presentation. We have evaluated subsequent events through the date of issuance of our consolidated financial statements.
	The periods ending September 30, 2013 and 2012 include the consolidation of Centennial Founders, LLC’s statement of operations within the resort /residential segment and statements of cash flows. The Company’s September 30, 2013 and December 31, 2012 balance sheets and statements of equity are presented on a consolidated basis including the consolidation of Centennial Founders, LLC.
	The Company has identified four reportable segments: commercial/industrial real estate development; resort/residential real estate development; mineral resources; and farming. The Company determined that the mineral resources segment should be reported, as a result of an evaluation of the Company's operations during the fourth quarter of 2012. Mineral resources collects royalty income from oil and gas leases, rock and aggregate leases, and from a cement company. Information for the Company’s reported segments is presented in its consolidated statements of operations. The Company’s reporting segments follow the same accounting policies used for the Company’s consolidated financial statements. Management evaluates a segment’s performance based upon a number of factors including pretax results.
	The results of the period reported herein are not indicative of the results to be expected for the full year due to the seasonal nature of the Company’s agricultural activities and timing of real estate sales and leasing activities. Historically, the Company’s largest percentages of farming revenues are recognized during the third and fourth quarters of the fiscal year.
	For further information and a summary of significant accounting policies, refer to the Consolidated Financial Statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2012.

Equity

Equity	9 Months Ended
	Sep. 30, 2013
Stockholders' Equity Note [Abstract]	'
EQUITY	'
	EQUITY
	Earnings Per Share (EPS)
	Net income (loss) per share is based upon the weighted average number of shares of common stock outstanding during the period. Diluted net income per share is based upon the weighted average number of shares of common stock outstanding and the weighted average number of shares outstanding assuming the issuance of common stock upon exercise of stock options, warrants to purchase common stock, and vesting of stock grants per U.S. generally accepted accounting principles, or GAAP.
		Three Months Ended		Nine Months Ended
		30-Sep		30-Sep
		2013	2012	2013	2012
	Weighted average number of shares outstanding:
	Common stock	20,140,473	20,074,233	20,125,792	20,030,396
	Common stock equivalents-stock options, grants	45,489	18,821	40,864	58,695
	Diluted shares outstanding	20,185,962	20,093,054	20,166,656	20,089,091
	Warrants
	On August 7, 2013, Tejon Ranch Co. (the “Company”) announced that its Board of Directors declared a dividend of warrants (the “Warrants”) to purchase shares of Company common stock, par value $0.50 per share (“Common Stock”) to holders of record of Common Stock as of August 21, 2013 (the “Record Date”). The Warrants were distributed to shareholders on August 28, 2013. Each Warrant will entitle the holder to purchase one share of Common Stock at an initial exercise price of $40.00 per share. The Warrants will be exercisable through August 31, 2016, subject to the Company's right to accelerate the expiration date under certain circumstances when the Warrants are in-the-money. Each holder of Common Stock as of the Record Date received a number of Warrants equal to the number of shares held multiplied by 0.14771, rounded to the nearest whole number. No cash or other consideration will be payable in respect of any fractional Warrants that are rounded down. The Company issued an aggregate of 3,000,000 Warrants. The Company issued the Warrants pursuant to a Warrant Agreement, dated as of August 7, 2013, between the Company, Computershare, Inc. and Computershare Trust Company, N.A., as warrant agent (the “Warrant Agreement”).

Marketable_Securities

Marketable Securities	9 Months Ended
	Sep. 30, 2013
Investments, Debt and Equity Securities [Abstract]	'
MARKETABLE SECURITIES	'
	MARKETABLE SECURITIES
	The Company classifies its securities as available-for-sale and therefore is required to adjust securities to fair value at each reporting date. All costs and both realized and unrealized gains and losses on securities are determined on a specific identification basis.
	The following is a summary of available-for-sale securities at:
				September 30, 2013								December 31, 2012
	($ in thousands)	Fair		Cost				Estimated				Cost				Estimated
		Value						Fair								Fair
		Hierarchy						Value								Value
	Certificates of deposit
	with unrecognized losses for less than 12 months			$	1,717			$	1,707			$	1,578			$	1,571
	with unrecognized losses for more than 12 months			111				111				508				507
	with unrecognized gains			7,006				7,050				5,586				5,628
	Total Certificates of deposit	Level 1		8,834				8,868				7,672				7,706
	US Treasury and agency notes
	with unrecognized losses for less than 12 months			5,853				5,841				3,057				3,024
	with unrecognized losses for more than 12 months			3,948				3,930				874				873
	with unrecognized gains			5,957				6,001				12,175				12,267
	Total US Treasury and agency notes	Level 2		15,758				15,772				16,106				16,164
	Corporate notes
	with unrecognized losses for less than 12 months			9,155				9,049				1,993				1,971
	with unrecognized losses for more than 12 months			316				315				201				200
	with unrecognized gains			22,082				22,338				29,210				29,653
	Total Corporate notes	Level 2		31,553				31,702				31,404				31,824
	Municipal notes
	with unrecognized losses for less than 12 months			1,378				1,360				1,961				1,948
	with unrecognized losses for more than 12 months			1,045				1,040				620				613
	with unrecognized gains			5,689				5,745				6,702				6,794
	Total Municipal notes	Level 2		8,112				8,145				9,283				9,355
				$	64,257			$	64,487			$	64,465			$	65,049
	We evaluate our securities for other-than-temporary impairment based on the specific facts and circumstances surrounding each security valued below its cost. Factors considered include the length of time the securities have been valued below cost, the financial condition of the issuer, industry reports related to the issuer, the severity of any decline, our intention not to sell the security, and our assessment as to whether it is not more likely than not that we will be required to sell the security before a recovery of its amortized cost basis. We then segregate the loss between the amounts representing a decrease in cash flows expected to be collected, or the credit loss, which is recognized through earnings, and the balance of the loss which is recognized through other comprehensive income.
	At September 30, 2013, the fair market value of investment securities exceeded the cost basis by $230,000. The cost basis includes any other-than-temporary impairments that have been recorded for the securities. None have been recorded at September 30, 2013. The Company has determined that any unrealized losses in the portfolio are temporary as of September 30, 2013. The Company believes that market factors such as, changes in interest rates, liquidity discounts, and premiums required by market participants rather than an adverse change in cash flows or a fundamental weakness in credit quality of the issuer have led to the temporary declines in value. In the future based on changes in the economy, credit markets, financial condition of issuers, or market interest rates, this could change.
	As of September 30, 2013, the adjustment to accumulated other comprehensive income (loss) in consolidated equity for the temporary change in the value of securities reflects a decrease in the market value of available-for-sale securities of $212,000, which is net of estimated taxes of $142,000.
	As of September 30, 2013, the Company’s gross unrealized holding gains equal $400,000 and gross unrealized holding losses equal $170,000.
	The following tables summarize the maturities, at par, of marketable securities by year:
	(in thousands)
	At September 30, 2013	2013				2014				2015				2016				2017		Total
	Certificates of deposit	$	965			$	1,627			$	4,213			$	1,501			$	437	$	8,743
	U.S. Treasury and agency notes	890				6,787				5,168				2,350				592		15,787
	Corporate notes	1,752				6,729				10,137				6,604				5,074		30,296
	Municipal notes	450				3,675				2,205				1,235				295		7,860
		$	4,057			$	18,818			$	21,723			$	11,690			$	6,398	$	62,686
	(in thousands)
	At December 31, 2012	2013				2014				2015				2016				Total
	Certificates of deposit	$	1,268			$	1,627			$	4,316			$	301			$	7,512
	U.S. Treasury and agency notes	6,285				7,248				2,633				11				16,177
	Corporate notes	10,916				6,729				9,420				3,325				30,390
	Municipal notes	2,305				4,340				1,960				400				9,005
		$	20,774			$	19,944			$	18,329			$	4,037			$	63,084
	The Company’s investments in corporate notes are with companies that have an investment grade rating from Standard & Poor’s.

Long_Term_Water_Assets

Long Term Water Assets	9 Months Ended
	Sep. 30, 2013
Long Term Water Assets [Abstract]	'
LONG TERM WATER ASSETS	'
	LONG TERM WATER ASSETS
	Long term assets consist of water and water contracts held for future use or sale. The water is held at cost which includes the price paid for the water and the cost to pump and deliver the water from the California aqueduct into the water bank. Water is currently held in a water bank on Company land in southern Kern County. Company banked water costs also include costs related to the right to receive additional acre feet of water in the future from the Antelope Valley East Kern Water Agency, or AVEK. The Company has also banked water within an AVEK owned water bank.
	The Company also owns additional transferable water and holds State Water Project, or SWP contracts with the Tulare Water Storage and Dudley-Ridge Water Storage Districts to supply water through 2035. These contracts are being amortized using the straight line method over that period. Annual amortization for the next five years will be $708,000 per year. Water contracts with the Wheeler Ridge Maricopa Water Storage District, or WRMWSD, and the Tejon-Castac Water District, or TCWD, are also in place, but were entered into with each district at inception of the contract and not purchased later from third parties, and do not have a related financial value on the books of the Company. Therefore there is no amortization expense related to these contracts. Annual costs associated with these contracts are expensed each quarter.
	Purchased water assets consist of the following:
	(in acre feet)	September 30, 2013			December 31, 2012
	Banked water and water for future delivery
	AVEK water bank	12,280			11,478
	Company water bank	8,818			8,700
	AVEK water for future delivery	2,362			2,362
	Total Company and AVEK banked water	23,460			22,540
	Transferable water with AVEK*	14,786			14,786
	SWP contracts	3,444			3,444
	Total purchased water - third parties	41,690			40,770
	WRMWSD - Contracts with Company	15,547			15,547
	TCWD - Contracts with Company	5,479			5,479
	TCWD - Banked water contracted to Company	38,943			38,943
	Total purchased and contracted water sources in acre feet	101,659			100,739
	($ in thousands)	September 30, 2013				December 31, 2012
	Banked water and water for future delivery - Company and AVEK	$	4,779			$	4,448
	Transferable water	10,862				8,988
	SWP Contracts (net of accumulated amortization of $2,552 and $2,021 at September 30, 2013 and December 31 2012, respectively)	15,416				15,837
	Total water assets	31,057				29,273
	Less: current portion	(708		)		(708		)
	Long-term water assets	$	30,349			$	28,565
	*Any transferable water with AVEK that is used by the Company or returned by AVEK to the Company will be returned at a 1.5 to 1 factor giving the Company use of a total of 22,179 acre feet.

Accrued_Liabilities_and_Other

Accrued Liabilities and Other	9 Months Ended
	Sep. 30, 2013
Payables and Accruals [Abstract]	'
ACCRUED LIABILITIES AND OTHER	'
	ACCRUED LIABILITIES AND OTHER
	Accrued liabilities and other consists of the following:
	($ in thousands)	September 30, 2013		December 31, 2012
	Accrued vacation	$	689	$	674
	Accrued paid personal leave	631		662
	Accrued bonus	1,721		573
	Property tax payable	510		—
	Other	701		223
		$	4,252	$	2,132

ShortTerm_and_LongTerm_Debt

Short-Term and Long-Term Debt	9 Months Ended
	Sep. 30, 2013
Debt Disclosure [Abstract]	'
SHORT-TERM AND LONG-TERM DEBT	'
	SHORT-TERM AND LONG TERM DEBT
	Long-term debt consists of the following:
	($ in thousands)	September 30, 2013			December 31, 2012
	Note payable to a financial institution	$	4,750		$	253
	Less current portion	(231		)	(41		)
		$	4,519		$	212
	During the third quarter of 2013, we entered into a promissory note agreement to pay a principal amount of $4,750,000 with principal and interest due monthly starting on October 1, 2013. The interest rate on this promissory note is 4.25% per annum, with principal and interest payments ending on September 1, 2028. The proceeds from this promissory note were used to eliminate debt that had been previously used to provide long-term financing for a building being leased to Starbucks and provide additional working capital for future investment. The balance of the long-term debt instrument listed above approximates the fair value of the instrument.
	We have a long-term revolving line of credit of $30,000,000 that, as of September 30, 2013, had no outstanding balance. At the Company’s option, the interest rate on this line of credit can float at 2.50% over a selected LIBOR rate or can be fixed at 2.25% above LIBOR for a fixed rate term. During the term of this credit facility (which matures in December 2013), we can borrow at any time and partially or wholly repay any outstanding borrowings and then re-borrow, as necessary. Under the terms of the line of credit, we must maintain tangible net worth, defined as total equity, including noncontrolling interest, plus debt less intangible assets, of not less than $175,000,000 and liquid assets of not less than $25,000,000. At September 30, 2013 our tangible net worth was $317,745,000 and liquid assets were $73,569,000. A portion of our farm acreage secures this line of credit.

Stock_Compensation

Stock Compensation	9 Months Ended
	Sep. 30, 2013
Share-based Compensation [Abstract]	'
STOCK COMPENSATION	'
	STOCK COMPENSATION
	The Company’s stock incentive plans provide for the making of awards to employees based upon time-based criteria or through the achievement of performance-related objectives. The Company has issued three types of stock grant awards under these plans: restricted stock with time-based vesting, performance share grants that only vest upon the achievement of specified performance conditions, such as corporate cash flow goals, and performance share grants that include threshold, target, and maximum achievement levels based on the achievement of specific real estate development performance milestones. The payouts at each performance goal are as follows:
	Performance Share Grants with Performance Conditions (in shares)
	Below threshold performance		—
	Threshold performance		82,878
	Target performance		407,757
	Maximum performance		595,575
	The following is a summary of the Company’s stock grant activity assuming target achievement for outstanding performance grants for the following periods:
		September 30, 2013			December 31, 2012
	Stock Grants Outstanding Beginning of the Year	688,041			744,508
	New Stock Grants/Estimated additional shares maximum performance	96,087			113,643
	Vested Grants	(62,997	)		(170,110	)
	Expired/Forfeited Grants	(221,552	)		—
	Stock Grants Outstanding September 30, 2013	499,579			688,041
	The unamortized cost associated with nonvested stock grants and the weighted-average period over which it is expected to be recognized as of September 30, 2013 was $4,138,000 and 30 months, respectively. The fair value of restricted stock with time-based vesting features is based upon the Company’s share price on the date of grant and is expensed over the service period. Fair value of performance grants that cliff vest based on the achievement of performance conditions is based on the share price of the Company’s stock on the day of grant once the Company determines that it is probable that the award will vest. This fair value is expensed over the service period applicable to these grants. For performance grants that contain a range of shares from zero to maximum we determine, based on historic and projected results, the probability of (1) achieving the performance objective, and (2) the level of achievement. Based on this information, we determine the fair value of the award and measure the expense over the service period related to these grants. Because the ultimate vesting of all performance grants is tied to the achievement of a performance condition, we estimate whether the performance condition will be met and over what period of time. Ultimately, we adjust compensation cost according to the actual outcome of the performance condition. Under the Non-Employee Director Stock Incentive Plan, or NDSI Plan, each non-employee director receives his or her annual compensation in stock.
	The following table summarizes stock compensation costs for the Company's 1998 Stock Incentive Plan, or Employee 1998 Plan, and the NDSI Plan for the following periods:
			Nine Months Ended				Nine Months Ended
	Employee 1998 Plan:		September 30,				September 30,
			2013				2012
	Expensed		$	17,000			$	3,898,000
	Capitalized		245,000				281,000
			262,000				4,179,000
	NDSI Plan		384,000				286,000
			$	646,000			$	4,465,000
	During the first quarter of 2013 an executive officer of the Company resigned, which led to the Company reversing $485,000 of previously recognized stock compensation expense as the shares were forfeited upon leaving the Company. During the second quarter of 2013 our Chief Executive Officer and President, Robert A. Stine, announced he would retire at the end of 2013. Based on this announcement, we adjusted the service period related to his performance grants, which resulted in shares being forfeited and the reversal of $2,271,000 previously recognized stock compensation expense.

Income_Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2013
Income Tax Disclosure [Abstract]	'
INCOME TAXES	'
	INCOME TAXES
	For the nine months ended September 30, 2013, the Company incurred a net income tax expense of $1,752,000 compared to a net income tax expense of $1,461,000 for the nine months ended September 30, 2012. These represent effective income tax rates of approximately 28% and 25% for the nine months ended September 30, 2013 and, 2012, respectively. The effective tax rate for the first nine months of 2013 is calculated based on the year to date net income for 2013 adjusted for estimated permanent tax differences such as depletion allowances. During 2013, depletion allowances have decreased due to lower oil and gas revenues compared to 2012. As of September 30, 2013, our balance sheet reflects an income tax payable of $835,000.
	The Company classifies interest and penalties incurred on tax payments as income tax expenses. During the first nine months ended September 30, 2013, the Company made income tax payments of $115,000 for the 2013 tax year.

Commitments_and_Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2013
Commitments and Contingencies Disclosure [Abstract]	'
COMMITMENTS AND CONTINGENCIES	'
	COMMITMENTS AND CONTINGENCIES
	A total of 5,488 acres of the Company’s land is subject to water contracts with the WRMWSD, requiring minimum future annual payments through the life of the contract which is 2035. The estimated future minimum annual payments are $2,500,000 before any potential credits are received, whether or not water is available or is used. These payments are expensed each quarter through our farming operations.
	The Tejon Ranch Public Facilities Financing Authority, or TRPFFA, is a joint powers authority formed by Kern County and TCWD, to finance public infrastructure within the Company’s Kern County developments. TRPFFA has created two Community Facilities Districts, or CFDs, the West CFD and the East CFD. The West CFD has placed liens on 420 acres of the Company’s land to secure payment of special taxes related to $28,620,000 of bond debt sold by TRPFFA for Tejon Ranch Commerce Center, or TRCC-West. The East CFD has placed liens on 1,931 acres of the Company’s land to secure payments of special taxes related to $39,750,000 of bond debt sold by TRPFFA for TRCC-East. At TRCC-West, the West CFD has no additional bond debt approved for issuance. At TRCC-East, the East CFD has approximately $80,250,000 of additional bond debt authorized by TRPFFA that can be sold in the future.
	In connection with the sale of bonds there is a standby letter of credit for $5,426,000 related to the issuance of East CFD bonds. The standby letter of credit is in place to provide additional credit enhancement and cover approximately two years worth of interest on the outstanding bonds. This letter of credit will not be drawn upon unless the Company, as the largest land owner in the CFD, fails to make its property tax payments. The Company believes that the letter of credit will never be drawn upon. The letter of credit is for two years beginning in January 2013 and will be renewed in two-year intervals as necessary. The annual cost related to the letter of credit is approximately $83,000.
	The Company is obligated, as a landowner in each CFD, to pay its share of the special taxes assessed each year. The secured lands include both the TRCC-West and TRCC-East developments. Proceeds from the sale of West CFD bonds went to reimburse the Company for public infrastructure related to the TRCC West development. At this time there are no additional reimbursement funds remaining from the West CFD bonds and there is approximately $8,900,000 of funds available for reimbursement of cost within the East CFD bonds. During the second quarter of 2013, $14,139,000 of funds were reimbursed to the Company. During 2012, the Company paid approximately $606,000 in special taxes. We anticipate we will pay approximately $886,000 in special taxes during 2013. As development continues to occur at TRCC, new owners of land and new lease tenants, through triple net leases, will bear an increasing portion of the assessed special tax. As this happens, the Company’s obligation is correspondingly reduced. The amount of special taxes paid by the Company could change in the future based on the amount of bonds outstanding and the amount of taxes paid by others.
	Tejon Mountain Village
	On November 10, 2009, an additional suit was filed in the U.S. District Court for the Eastern District of California (Fresno Division) by David Laughing Horse Robinson ("plaintiff") an alleged representative of the federally-unrecognized "Kawaiisu Tribe" alleging, inter alia, that the Company does not hold legal title to the land within the TMV development that it seeks to develop. The grounds for the federal lawsuit were the subject of a United States Supreme Court decision in 1924 where the United States Supreme Court found against the Indian tribes. The suit named as defendants the Company, two affiliates (Tejon Mountain Village, LLC and Tejon Ranchcorp), the County of Kern, and Ken Salazar, in his capacity as U.S. Secretary of the Interior.
	The Company and other defendants filed motions to dismiss plaintiff's complaint for failure to state a claim and lack of jurisdiction. On January 24, 2011, the Company received a ruling by Judge Wanger dismissing all claims against the Company, TMV, the County and the federal defendants. However, the judge did grant a limited right by the plaintiff to amend certain causes of action in the complaint.
	During April, 2011, the plaintiff filed his second amended complaint against the Company, alleging similar items as in the original suit. The plaintiff filed new materials during July, 2011 related to his second amended complaint. Thereafter, the case was reassigned to Magistrate Judge McAuliffe. On January 18, 2012, the Judge McAuliffe issued an order dismissing all claims in plaintiff's second amended complaint for failure to state a cause of action and/or for lack of jurisdiction, but allowing the plaintiff one more opportunity to state certain land claims provided plaintiff file an amended complaint on or before February 17, 2012. The court also indicated that it was considering dismissing the case due to the lack of federal recognition of the "Kawaiisu Tribe". The court then granted plaintiff an extension until March 19, 2012 to file his third amended complaint.
	Plaintiff filed his third amended complaint on March 19, 2012. Defendants filed motions to dismiss all claims in the third amended complaint without further leave to amend on April 30, 2012. Plaintiff thereafter substituted in new counsel and with leave of court filed his opposition papers on June 8, 2012. Defendants filed their reply papers on June 22, 2012. Oral argument of the motions to dismiss the third amended complaint was conducted on July 20, 2012. On August 7, 2012, the court issued its Order dismissing all of Robinson's claims without leave to amend and with prejudice, on grounds of lack of jurisdiction and failure to state a claim.
	On September 24, 2012, Robinson (through another new counsel) filed a timely notice of appeal to the U.S. Court of Appeals for the Ninth Circuit. On September 26, 2012, the Court of Appeals issued its time schedule order calling for briefing to be completed by February, 2013. Robinson's brief was due to be filed on January 2, 2013 On February 26, 2013, the Ninth Circuit issued an order dismissing the appeal for failure to prosecute including failure to file an opening brief. Forty-five days later, Robinson's counsel filed a motion to reinstate the appeal. As an excuse Robinson’s new counsel offered that he overlooked the court of appeal's briefing schedule order and assumed that state court procedure would be followed. The motion to reinstate the appeal was accompanied by a proposed opening brief. In response, the Company and the County of Kern filed oppositions to the motion to reinstate the appeal. Despite objections by the Company and the County (in which the U.S. Department of Justice ("DOJ") did not join), the Ninth Circuit granted Robinson's motion to reinstate, rejected the appeal of that reinstatement decision by the County and the Company, and set a due date of July 7, 2013 (Sunday) for the opposition briefs of the Company and the County to be filed. Thereafter, the DOJ and the County exercised their right to obtain an automatic 30-day extension to August 6, 2013, and the Company filed an unopposed motion (which the Ninth Circuit granted) extending the Company's date for its opposition brief to August 6, 2013 as well. Thereafter, DOJ requested and obtained further extensions of time to file its answering brief, first to August 27, 2013, and finally to September 17, 2013. The Company filed its answering brief and supplemental excerpts of record on August 27, 2013. Kern County and DOJ both filed their answering briefs on September 17, 2013. Both the Company and Kern County (but not DOJ) included in their answering briefs the argument that the Court of Appeal lacks jurisdiction to hear the appeal because Robinson did not show the required extraordinary good cause for his failure to file his opening briefs. Robinson is entitled to file optional reply briefs and has obtained an extension of time to November 12, 2013, to do so. In the meantime, the Company continues to believe that a negative outcome of this case is remote at this time and the monetary impact of an adverse result, if any, also cannot be estimated at this time.
	National Cement
	The Company leases land to National Cement Company of California Inc., or National, for the purpose of manufacturing Portland cement from limestone deposits on the leased acreage. The California Regional Water Quality Control Board, or RWQCB, for the Lahontan Region issued several orders in the late 1990s with respect to environmental conditions on the property currently leased to National:
	-1	Groundwater plume of chlorinated hydrocarbon compounds. This order directs the Company’s former tenant Lafarge Corporation, or Lafarge, the current tenant National, and the Company to, among other things, clean up groundwater contamination on the leased property. In 2003, Lafarge and National installed a groundwater pump-and-treat system to clean up the groundwater. The Company is advised that Lafarge and National continue to operate the cleanup system and will continue to do so over the near-term.
	-2	Cement kiln dust. National and Lafarge have consolidated, closed and capped cement kiln dust piles located on land leased from the Company. An order of the RWQCB directs National, Lafarge and the Company to maintain and monitor the effectiveness of the cap. Maintenance of the cap and groundwater monitoring remain as on-going activities.
	-3	Former industrial waste landfills. This order requires Lafarge, National and the Company to complete the cleanup of groundwater associated with the former industrial waste landfills. The Company is advised that the cleanup is complete. Lafarge continues to monitor the groundwater.
	-4	Diesel fuel. An order of the RWQCB directs Lafarge, National and the Company to clean up contamination from a diesel fuel tank and pipeline. The Company is advised that Lafarge and National have substantially completed the groundwater cleanup and that groundwater monitoring remains an on-going activity.
	To date, the Company is not aware of any failure by Lafarge or National to comply with the orders or informal requests of the RWQCB. Under current and prior leases, National and Lafarge are obligated to indemnify the Company for costs and liabilities arising directly or indirectly out of their use of the leased premises. The Company believes that all of the matters described above are included within the scope of the National or Lafarge indemnity obligations and that Lafarge and National have sufficient resources to perform any reasonably likely obligations relating to these matters. If they do not and the Company is required to perform the work at its own cost, it is unlikely that the amount of any such expenditure by the Company would be material.
	Antelope Valley Groundwater Cases
	On November 29, 2004, a conglomerate of public water suppliers filed a cross-complaint in the Los Angeles Superior Court seeking a judicial determination of the rights to groundwater within the Antelope Valley basin, including the groundwater underlying the Company’s land. Four phases of a multi-phase trial have been completed. Upon completion of the third phase, the court ruled that the groundwater basin is currently in overdraft and established a current total sustainable yield. The fourth phase of trial occurred in first half 2013 and resulted in confirmation of each party’s groundwater pumping for 2011 and 2012. The next phase of trial is anticipated to occur in the 1st or 2nd quarter of 2014 and may address a number of issues, including whether prescription of rights to groundwater has occurred. At this time, it is difficult to ascertain whether a settlement agreement will be reached and what effect, if any, this case may have on the Centennial project or the Company’s remaining lands in the Antelope Valley. Because the water supply plan for the Centennial project includes several sources of water in addition to groundwater underlying the Company’s lands, and because the creation of an efficient market for local water rights is frequently an outcome of adjudication proceedings, the Company remains hopeful that sufficient water to supply the Company's needs will continue to be available for its use regardless of the outcome of this case.
	State Water Resources Control Board Lawsuit
	On May 12, 2010, the California Attorney General, on behalf of the State Water Resources Control Board, filed a complaint in the Alameda County Superior Court for civil penalties and a permanent injunction against a number of TravelCenters of America LLC, or TA, facilities in the Central Valley of California. The travel centers in the Petro Travel Plaza Holdings LLC, or TA/Petro, were also included in the complaint. The lawsuit alleges violations of various reporting, operating and monitoring regulations related to operation and maintenance of underground storage tanks. In addition to the TA/Petro entity and its respective member entities, the lawsuit also names the Company and Tejon Industrial Corporation as defendants. The Company has tendered defense of the lawsuit to TA, under the “defend and indemnify” clause in the TA/Petro LLC's operating agreement, and has also secured the services of an outside law firm to work with TA's outside counsel under a joint defense agreement. On September 16, 2011, the Company and Tejon Industrial Corp. were dismissed from the lawsuit, without prejudice. The parties remaining are currently engaged in discussions regarding a negotiated resolution, and the Company understands that a settlement of the claims asserted in the litigation is likely. If such a settlement is reached, the Company does not anticipate a material adverse impact on the Company.
	Water Bank Lawsuits
	On June 3, 2010, the Central Delta and South Delta Water Agencies and several environmental groups, including CBD, filed a complaint in the Sacramento County Superior Court against the California Department of Water Resources (DWR), Kern County Water Agency and a number of “real parties in interest,” including the Company and TCWD. The lawsuit challenges certain amendments to the State Water Project contracts that were originally approved in 1995, known as the “Monterey Amendments.” The original Environmental Impact Report, or EIR, for the Monterey Amendments was determined to be insufficient in an earlier lawsuit.The current lawsuit principally (i) challenges the adequacy of the remedial EIR that DWR prepared as a result of the original lawsuit and (ii) challenges the validity of the Monterey Amendments on various grounds, including the transfer of the Kern Water Bank, or KWB, from DWR to Kern County Water Agency and in turn to the Kern Water Bank Authority (KWBA), whose members are various Kern and Kings County interests, including TCWD, which TCWD has a 2% interest in the KWBA. A parallel lawsuit was also filed by the same plaintiffs in Sacramento Superior Court against Kern County Water Agency, also naming the Company and TCWD as real parties in interest, which has been stayed pending the outcome of the other action against DWR. The Company is named on the ground that it “controls” TCWD. TCWD has a contract right for water stored in the KWB and rights to recharge and withdraw water. Counsel for the Company is pursuing a dismissal of the Company from these lawsuits.  In an initial favorable ruling on January 25, 2013, Judge Frawley determined that the challenges to the validity of the Monterey Amendments, including the transfer of the KWB, were not timely and barred by the statutes of litigation and doctrine of latches. The substantive hearing on the challenges to the EIR is scheduled for January 31, 2014. Given the preliminary nature of these lawsuits, the Company has an insufficient basis to address the merits or potential outcomes of the lawsuit. The monetary value of a potential adverse outcome on the claim likewise cannot be estimated at this time.

Retirement_Plans

Retirement Plans	9 Months Ended
	Sep. 30, 2013
Compensation and Retirement Disclosure [Abstract]	'
RETIREMENT PLANS	'
	RETIREMENT PLANS
	The Company has a defined benefit plan that covers many of its employees, or the Benefit Plan. The benefits are based on years of service and the employee’s five-year final average salary. Contributions are intended to provide for benefits attributable to service both to date and expected to be provided in the future. The Company funds the plan in accordance with the Employee Retirement Income Security Act of 1974 (ERISA) and the Pension Protection Act. The Company anticipates contributing approximately $850,000 to the plan during 2013.
	The Benefit Plan assets consist of equity, debt and short-term money market investment funds. The plan’s current investment policy targets 65% equities, 25% debt and 10% money market funds. Equity and debt investment percentages are allowed to fluctuate plus or minus 20% around the respective targets to take advantage of market conditions. As an example, equities can fluctuate from 78% to 52% of plan assets. At September 30, 2013, the investment mix was approximately 58% equity, 35% debt, and 7% money market funds. At December 31, 2012, the investment mix was approximately 71% equity, 26% debt and 3% money market funds. Equity investments consist of a combination of individual equity securities plus value funds, growth funds, large cap funds and international stock funds. Debt investments consist of U.S. Treasury securities and investment grade corporate debt. The weighted-average discount rate and rate of increase in future compensation levels used in determining the periodic pension cost is 4.0% in 2013 and 2012. The expected long-term rate of return on plan assets is 7.5% in 2013 and 2012. The long-term rate of return on plan assets is based on the historical returns within the plan and expectations for future returns.
	The expected total pension and retirement expense for the Benefit Plan was as follows:
		Nine Months Ended
	(In thousands)	2013			2012
	Cost components:
	Service cost-benefits earned during the period	$	(213	)	$	(188	)
	Interest cost on projected benefit obligation	(282		)	(288		)
	Expected return on plan assets	342			335
	Net amortization and deferral	(144		)	(165		)
	Total net periodic pension cost	$	(297	)	$	(306	)
	The Company has a Supplemental Executive Retirement Plan, or SERP, to restore to executives designated by the Compensation Committee of the Board of Directors the full benefits under the pension plan that would otherwise be restricted by certain limitations now imposed under the Internal Revenue Code. The SERP is currently unfunded. The expected total pension and retirement expense for SERP was as follows:
		Nine Months Ended
	(In thousands)	2013			2012
	Cost components:
	Service cost-benefits earned during the period	$	(129	)	$	(129	)
	Interest cost on projected benefit obligation	(162		)	(162		)
	Net amortization and deferral	(216		)	(48		)
	Total net periodic pension cost	$	(507	)	$	(339	)

Business_Segments

Business Segments	9 Months Ended
	Sep. 30, 2013
Segment Reporting [Abstract]	'
BUSINESS SEGMENTS	'
	BUSINESS SEGMENTS
	The Company has identified four reportable segments: commercial/industrial real estate development; resort/residential real estate development; mineral resources; and farming.
	The revenue components of our commercial/industrial real estate development segment for the nine months ended September 30 are as follows:
	(In thousands)	2013			2012
	Commercial leases	$	5,078		$	4,537
	Grazing leases	1,090			958
	Land Sale	—			648
	All other land management ancillary services	2,221			1,366
		$	8,389		$	7,509
	Commercial lease revenue consists of land and building leases to tenants at our commercial retail and industrial developments, base and percentage rents from our Calpine power plant lease, communication tower rents, and payments from easement leases. All other land management ancillary services include wildlife management, landscape and property maintenance, and building management services. During the first eight months of 2012, the Company’s game management operations were temporarily suspended in order to complete the development of a new sales program and operating procedures. Please refer to Form 8-K filed on January 20, 2012 regarding the Company’s game management and hunting operations. Game management reopened operations on September 1, 2012.
	The resort/residential real estate development segment produces revenues from farming activities such as hay and alfalfa sales within the Centennial Founders, LLC and is actively involved in the land entitlement and pre-development process. The farming segment produces revenues from the sale of wine grapes, almonds and pistachios.
	The mineral resources segment receives oil and mineral royalties from the exploration and development companies who extract or mine the natural resources from our land. The following table summarizes these activities:
			Nine Months Ended
	($ in thousands)		September 30, 2013			September 30, 2012
	Oil and gas		$	6,198		$	9,137
	Rock aggregate		639			944
	Cement		581			559
	Land lease for oil exploration		637			592
			$	8,055		$	11,232

Investment_in_Unconsolidated_a

Investment in Unconsolidated and Consolidated Joint Ventures	9 Months Ended
	Sep. 30, 2013
Equity Method Investments and Joint Ventures [Abstract]	'
INVESTMENT IN UNCONSOLIDATED AND CONSOLIDATED JOINT VENTURES	'
	INVESTMENTS IN UNCONSOLIDATED AND CONSOLIDATED JOINT VENTURES
	The Company maintains investments in joint ventures. The Company accounts for its investments in unconsolidated joint ventures using the equity method of accounting unless the venture is a variable interest entity, or VIE, and meets the requirements for consolidation. The Company’s investment in its unconsolidated joint ventures at September 30, 2013 was $62,000,000. The equity in the income of the unconsolidated joint ventures was $2,920,000 for the nine months ended September 30, 2013. The unconsolidated joint ventures have not been consolidated as of September 30, 2013, because the Company does not control the investments. The Company’s current joint ventures are as follows:
	•	Petro Travel Plaza Holdings LLC – TA/Petro is an unconsolidated joint venture with TravelCenters of America, LLC for the development and management of travel plazas and convenience stores. This is a 60%-owned joint venture which owns and operates travel plazas/commercial highway operations in TRCC. It houses multiple commercial eating establishments as well as diesel and gasoline operations. The Company does not control the investment due to its having only 50% voting rights, and because our partner in the joint venture is the managing partner and performs all of the day-to-day operations at the facility. At September 30, 2013, the Company had an equity investment balance of $10,296,000 in this joint venture.
	•	Tejon Mountain Village LLC – Tejon Mountain Village LLC, or TMV LLC, is an unconsolidated joint venture between the Company and DMB TMV LLC (a wholly owned subsidiary of DMB Associates, Inc.) formed to obtain all necessary government entitlement approvals and to develop the Tejon Mountain Village project. The Company owns a 50% interest in this venture. At September 30, 2013, the Company’s equity investment balance in this joint venture was $43,379,000.
	•	Rockefeller Joint Ventures – The Company has multiple joint ventures with Rockefeller Group Development Corporation or Rockefeller. Two joint ventures are for the development of buildings on approximately 91 acres and are part of an agreement for the potential development of up to 500 acres of land in TRCC including pursuing Foreign Trade Zone, or FTZ, designation and development of the property within the FTZ for warehouse distribution and light manufacturing. The Company owns a 50% interest in each of the joint ventures. Currently the Five West Parcel LLC joint venture owns and leases a 606,000 square foot building. The second of these joint ventures, 18-19 West LLC, was formed in August 2009 through the contribution of 61.5 acres of land by the Company, which is being held for future development.
	During the second quarter of 2013, we entered into a new joint venture with Rockefeller, the TRCC/Rock Outlet Center LLC joint venture, to develop, own, and manage a 326,000 square foot outlet center on land at TRCC-East. This outlet center is estimated to cost approximately $86 million to construct and will be funded through a construction loan for up to 60% of the costs and equity from the members. This joint venture is separate from the above agreement to develop up to 500 acres. During the second quarter of 2013, we contributed land and other assets at an agreed value of $10,558,000 for our capital contribution and Rockefeller matched our capital contribution with cash.
	At September 30, 2013, the Company’s combined book value equity investment balance in these three joint ventures was $8,325,000.
	•	Centennial Founders, LLC – Centennial Founders, LLC is a joint venture with Pardee Homes, Lewis Investment Company, and Standard Pacific Corp. that was organized to pursue the entitlement and development of land that the Company owns in Los Angeles County. Based on the Second Amended and Restated Limited Liability Company Agreement of Centennial Founders, LLC and the change in control and funding that resulted from the amended agreement, Centennial Founders, LLC qualified as a variable interest entity, beginning in the third quarter of 2009 and the Company was determined to be the primary beneficiary. As a result, Centennial Founders, LLC has been consolidated into our financial statements beginning in that quarter. Our partners retained a noncontrolling interest in the joint venture. At September 30, 2013 the Company had a 72.52% ownership position in Centennial Founders, LLC.
	The Company’s investment balance in its unconsolidated joint ventures differs from its capital accounts in the respective joint ventures. The differential represents the difference between the cost basis of assets contributed by the Company and the agreed-upon contribution value of the assets contributed.
	Unaudited condensed balance sheet information of the Company’s unconsolidated and consolidated joint ventures as of September 30, 2013 and December 31, 2012 and condensed statements of operations for the nine months ended September 30, 2013 and September 30, 2012 are as follows:
	($ in thousands)	UNCONSOLIDATED																		CONSOLIDATED
	Statement of Operations for the nine months ended September 30, 2013	Petro Travel			Five West			Tejon			18-19 West			TRCC/Rock Outlet Center			Total			Centennial-VIE
		Plaza			Parcel			Mountain
		Holdings						Village
	Gross revenues	$	86,662		$	2,518		$	—		$	47		$	—		$	89,227		$	628
	Net income (loss)	$	4,515		$	102		$	(104	)	$	42		$	(289	)	$	4,266		$	(196	)
	Partner’s share of net income (loss)	$	1,806		$	51		$	(52	)	$	21		$	(145	)	$	1,681		$	(55	)
	Equity in income (losses)	$	2,709		$	51		$	(52	)	$	21		$	191		$	2,920		$	—
	Balance Sheet Information as of September 30, 2013
	Current assets	$	13,871		$	2,000		$	2,293		$	35		$	7,670		$	25,869		$	189
	Property and equipment, net	43,776			17,592			96,727			4,470			13,994			176,559			74,668
	Other assets	217			536			—			—			—			753			—
	Long-term debt	(16,797		)	(11,000		)	—			—			—			(27,797		)	—
	Other liabilities	(2,855		)	(163		)	(483		)	(10		)	(838		)	(4,349		)	(654		)
	Net assets	$	38,212		$	8,965		$	98,537		$	4,495		$	20,826		$	171,035		$	74,203
	($ in thousands)	UNCONSOLIDATED															CONSOLIDATED
	Statement of Operations for the nine months ended September 30, 2012	Petro Travel			Five West			Tejon			18-19 West			Total			Centennial-VIE
		Plaza			Parcel			Mountain
		Holdings						Village
	Gross revenues	$	92,564		$	1,818		$	—		$	66		$	94,448		$	267
	Net income (loss)	$	3,388		$	(267	)	$	(63	)	$	59		$	3,117		$	(388	)
	Partner’s share of net income (loss)	$	1,355		$	(134	)	$	(32	)	$	30		$	1,219		$	(119	)
	Equity in income (losses)	$	1,783		$	(133	)	$	(31	)	$	29		$	1,648		$	(269	)
	Balance Sheet Information as of December 31, 2012
	Current assets	$	9,577		$	194		$	218		$	42		$	10,031		$	491
	Property and equipment, net	44,196			19,025			92,846			4,412			160,479			72,356
	Other assets	246			683			—			—			929			—
	Long-term debt	(17,358		)	(11,000		)	—			—			(28,358		)	—
	Other liabilities	(3,350		)	(39		)	(224		)	(1		)	(3,614		)	(1,099		)
	Net assets	$	33,311		$	8,863		$	92,840		$	4,453		$	139,467		$	71,748

Subsequent_Events

Subsequent Events	9 Months Ended
	Sep. 30, 2013
Subsequent Events [Abstract]	'
Subsequent Events	'
	SUBSEQUENT EVENTS
	On November 6, 2013, the Company completed the acquisition of a water purchase agreement from DMB Pacific LLC, or DMB, that will allow the Company to purchase 6,693 acre feet of water each year from the Nickel Family, LLC, or Nickel, a California limited liability company that is located in Kern County. The aggregate purchase price was approximately $18,700,000 and was paid one-half in cash and one-half in shares of Company common stock. The number of shares of common stock delivered was determined based on the volume weighted average price of common stock for the ten trading days that ended two days prior to closing.
	This purchase of water is similar to other transactions the Company has completed over the last several years as the Company has been building its water assets for internal needs as well as for investment purposes due to the tight water environment within California.
	The initial term of the water purchase agreement with Nickel runs through 2044 and includes a Company option to extend the contract for an additional 35 years. The annual cost of water in 2014 under the contract is $656 per acre-foot, subject to annual cost increases based on the greater of the consumer price index and 3%.
	The water purchased will ultimately be used in the development of the Company’s land for commercial/industrial development, residential development, and farming. Interim uses will include the sale of portions of this water to third party users on an annual basis until the water is fully used for the Company’s internal uses.

Equity_Tables

Equity (Tables)	9 Months Ended
	Sep. 30, 2013
Stockholders' Equity Note [Abstract]	'
Summaries of weighted average number of shares outstanding	'
	Diluted net income per share is based upon the weighted average number of shares of common stock outstanding and the weighted average number of shares outstanding assuming the issuance of common stock upon exercise of stock options, warrants to purchase common stock, and vesting of stock grants per U.S. generally accepted accounting principles, or GAAP.
		Three Months Ended		Nine Months Ended
		30-Sep		30-Sep
		2013	2012	2013	2012
	Weighted average number of shares outstanding:
	Common stock	20,140,473	20,074,233	20,125,792	20,030,396
	Common stock equivalents-stock options, grants	45,489	18,821	40,864	58,695
	Diluted shares outstanding	20,185,962	20,093,054	20,166,656	20,089,091

Marketable_Securities_Tables

Marketable Securities (Tables)	9 Months Ended
	Sep. 30, 2013
Investments, Debt and Equity Securities [Abstract]	'
Summary of available-for-sale securities	'
	The following is a summary of available-for-sale securities at:
				September 30, 2013								December 31, 2012
	($ in thousands)	Fair		Cost				Estimated				Cost				Estimated
		Value						Fair								Fair
		Hierarchy						Value								Value
	Certificates of deposit
	with unrecognized losses for less than 12 months			$	1,717			$	1,707			$	1,578			$	1,571
	with unrecognized losses for more than 12 months			111				111				508				507
	with unrecognized gains			7,006				7,050				5,586				5,628
	Total Certificates of deposit	Level 1		8,834				8,868				7,672				7,706
	US Treasury and agency notes
	with unrecognized losses for less than 12 months			5,853				5,841				3,057				3,024
	with unrecognized losses for more than 12 months			3,948				3,930				874				873
	with unrecognized gains			5,957				6,001				12,175				12,267
	Total US Treasury and agency notes	Level 2		15,758				15,772				16,106				16,164
	Corporate notes
	with unrecognized losses for less than 12 months			9,155				9,049				1,993				1,971
	with unrecognized losses for more than 12 months			316				315				201				200
	with unrecognized gains			22,082				22,338				29,210				29,653
	Total Corporate notes	Level 2		31,553				31,702				31,404				31,824
	Municipal notes
	with unrecognized losses for less than 12 months			1,378				1,360				1,961				1,948
	with unrecognized losses for more than 12 months			1,045				1,040				620				613
	with unrecognized gains			5,689				5,745				6,702				6,794
	Total Municipal notes	Level 2		8,112				8,145				9,283				9,355
				$	64,257			$	64,487			$	64,465			$	65,049
Summary of maturities, at par, of marketable securities	'
	The following tables summarize the maturities, at par, of marketable securities by year:
	(in thousands)
	At September 30, 2013	2013				2014				2015				2016				2017		Total
	Certificates of deposit	$	965			$	1,627			$	4,213			$	1,501			$	437	$	8,743
	U.S. Treasury and agency notes	890				6,787				5,168				2,350				592		15,787
	Corporate notes	1,752				6,729				10,137				6,604				5,074		30,296
	Municipal notes	450				3,675				2,205				1,235				295		7,860
		$	4,057			$	18,818			$	21,723			$	11,690			$	6,398	$	62,686
	(in thousands)
	At December 31, 2012	2013				2014				2015				2016				Total
	Certificates of deposit	$	1,268			$	1,627			$	4,316			$	301			$	7,512
	U.S. Treasury and agency notes	6,285				7,248				2,633				11				16,177
	Corporate notes	10,916				6,729				9,420				3,325				30,390
	Municipal notes	2,305				4,340				1,960				400				9,005
		$	20,774			$	19,944			$	18,329			$	4,037			$	63,084

Long_Term_Water_Assets_Tables

Long Term Water Assets (Tables)	9 Months Ended
	Sep. 30, 2013
Long Term Water Assets [Abstract]	'
Components of water assets	'
	Purchased water assets consist of the following:
	(in acre feet)	September 30, 2013			December 31, 2012
	Banked water and water for future delivery
	AVEK water bank	12,280			11,478
	Company water bank	8,818			8,700
	AVEK water for future delivery	2,362			2,362
	Total Company and AVEK banked water	23,460			22,540
	Transferable water with AVEK*	14,786			14,786
	SWP contracts	3,444			3,444
	Total purchased water - third parties	41,690			40,770
	WRMWSD - Contracts with Company	15,547			15,547
	TCWD - Contracts with Company	5,479			5,479
	TCWD - Banked water contracted to Company	38,943			38,943
	Total purchased and contracted water sources in acre feet	101,659			100,739
	($ in thousands)	September 30, 2013				December 31, 2012
	Banked water and water for future delivery - Company and AVEK	$	4,779			$	4,448
	Transferable water	10,862				8,988
	SWP Contracts (net of accumulated amortization of $2,552 and $2,021 at September 30, 2013 and December 31 2012, respectively)	15,416				15,837
	Total water assets	31,057				29,273
	Less: current portion	(708		)		(708		)
	Long-term water assets	$	30,349			$	28,565
	*Any transferable water with AVEK that is used by the Company or returned by AVEK to the Company will be returned at a 1.5 to 1 factor giving the Company use of a total of 22,179 acre feet.

Accrued_Liabilities_and_Other_

Accrued Liabilities and Other (Tables)	9 Months Ended
	Sep. 30, 2013
Payables and Accruals [Abstract]	'
Schedule of accrued liabilities	'
	Accrued liabilities and other consists of the following:
	($ in thousands)	September 30, 2013		December 31, 2012
	Accrued vacation	$	689	$	674
	Accrued paid personal leave	631		662
	Accrued bonus	1,721		573
	Property tax payable	510		—
	Other	701		223
		$	4,252	$	2,132

ShortTerm_and_LongTerm_Debt_Ta

Short-Term and Long-Term Debt (Tables)	9 Months Ended
	Sep. 30, 2013
Debt Disclosure [Abstract]	'
Components of Long-term debt	'
	Long-term debt consists of the following:
	($ in thousands)	September 30, 2013			December 31, 2012
	Note payable to a financial institution	$	4,750		$	253
	Less current portion	(231		)	(41		)
		$	4,519		$	212

Stock_Compensation_Tables

Stock Compensation (Tables)	9 Months Ended
	Sep. 30, 2013
Share-based Compensation [Abstract]	'
Schedule of performance share awards granted, by performance conditions	'
	The payouts at each performance goal are as follows:
	Performance Share Grants with Performance Conditions (in shares)
	Below threshold performance		—
	Threshold performance		82,878
	Target performance		407,757
	Maximum performance		595,575
Summary of stock grant activity	'
	The following is a summary of the Company’s stock grant activity assuming target achievement for outstanding performance grants for the following periods:
		September 30, 2013			December 31, 2012
	Stock Grants Outstanding Beginning of the Year	688,041			744,508
	New Stock Grants/Estimated additional shares maximum performance	96,087			113,643
	Vested Grants	(62,997	)		(170,110	)
	Expired/Forfeited Grants	(221,552	)		—
	Stock Grants Outstanding September 30, 2013	499,579			688,041
Schedule of employee service share-based compensation, allocation of recognized period costs	'
	The following table summarizes stock compensation costs for the Company's 1998 Stock Incentive Plan, or Employee 1998 Plan, and the NDSI Plan for the following periods:
			Nine Months Ended				Nine Months Ended
	Employee 1998 Plan:		September 30,				September 30,
			2013				2012
	Expensed		$	17,000			$	3,898,000
	Capitalized		245,000				281,000
			262,000				4,179,000
	NDSI Plan		384,000				286,000
			$	646,000			$	4,465,000

Retirement_Plans_Tables

Retirement Plans (Tables)	9 Months Ended
	Sep. 30, 2013
Compensation and Retirement Disclosure [Abstract]	'
Expected total pension and retirement expense	'
	The expected total pension and retirement expense for SERP was as follows:
		Nine Months Ended
	(In thousands)	2013			2012
	Cost components:
	Service cost-benefits earned during the period	$	(129	)	$	(129	)
	Interest cost on projected benefit obligation	(162		)	(162		)
	Net amortization and deferral	(216		)	(48		)
	Total net periodic pension cost	$	(507	)	$	(339	)
	The expected total pension and retirement expense for the Benefit Plan was as follows:
		Nine Months Ended
	(In thousands)	2013			2012
	Cost components:
	Service cost-benefits earned during the period	$	(213	)	$	(188	)
	Interest cost on projected benefit obligation	(282		)	(288		)
	Expected return on plan assets	342			335
	Net amortization and deferral	(144		)	(165		)
	Total net periodic pension cost	$	(297	)	$	(306	)

Business_Segments_Tables

Business Segments (Tables)	9 Months Ended
	Sep. 30, 2013
Segment Reporting [Abstract]	'
Revenue components of commercial/industrial real estate segment	'
	The revenue components of our commercial/industrial real estate development segment for the nine months ended September 30 are as follows:
	(In thousands)	2013			2012
	Commercial leases	$	5,078		$	4,537
	Grazing leases	1,090			958
	Land Sale	—			648
	All other land management ancillary services	2,221			1,366
		$	8,389		$	7,509
	The mineral resources segment receives oil and mineral royalties from the exploration and development companies who extract or mine the natural resources from our land. The following table summarizes these activities:
			Nine Months Ended
	($ in thousands)		September 30, 2013			September 30, 2012
	Oil and gas		$	6,198		$	9,137
	Rock aggregate		639			944
	Cement		581			559
	Land lease for oil exploration		637			592
			$	8,055		$	11,232

Investment_in_Unconsolidated_a1

Investment in Unconsolidated and Consolidated Join Ventures (Tables)	9 Months Ended
	Sep. 30, 2013
Equity Method Investments and Joint Ventures [Abstract]	'
Schedule of condensed income statement and balance sheet related to joint ventures	'
	Unaudited condensed balance sheet information of the Company’s unconsolidated and consolidated joint ventures as of September 30, 2013 and December 31, 2012 and condensed statements of operations for the nine months ended September 30, 2013 and September 30, 2012 are as follows:
	($ in thousands)	UNCONSOLIDATED																		CONSOLIDATED
	Statement of Operations for the nine months ended September 30, 2013	Petro Travel			Five West			Tejon			18-19 West			TRCC/Rock Outlet Center			Total			Centennial-VIE
		Plaza			Parcel			Mountain
		Holdings						Village
	Gross revenues	$	86,662		$	2,518		$	—		$	47		$	—		$	89,227		$	628
	Net income (loss)	$	4,515		$	102		$	(104	)	$	42		$	(289	)	$	4,266		$	(196	)
	Partner’s share of net income (loss)	$	1,806		$	51		$	(52	)	$	21		$	(145	)	$	1,681		$	(55	)
	Equity in income (losses)	$	2,709		$	51		$	(52	)	$	21		$	191		$	2,920		$	—
	Balance Sheet Information as of September 30, 2013
	Current assets	$	13,871		$	2,000		$	2,293		$	35		$	7,670		$	25,869		$	189
	Property and equipment, net	43,776			17,592			96,727			4,470			13,994			176,559			74,668
	Other assets	217			536			—			—			—			753			—
	Long-term debt	(16,797		)	(11,000		)	—			—			—			(27,797		)	—
	Other liabilities	(2,855		)	(163		)	(483		)	(10		)	(838		)	(4,349		)	(654		)
	Net assets	$	38,212		$	8,965		$	98,537		$	4,495		$	20,826		$	171,035		$	74,203
	($ in thousands)	UNCONSOLIDATED															CONSOLIDATED
	Statement of Operations for the nine months ended September 30, 2012	Petro Travel			Five West			Tejon			18-19 West			Total			Centennial-VIE
		Plaza			Parcel			Mountain
		Holdings						Village
	Gross revenues	$	92,564		$	1,818		$	—		$	66		$	94,448		$	267
	Net income (loss)	$	3,388		$	(267	)	$	(63	)	$	59		$	3,117		$	(388	)
	Partner’s share of net income (loss)	$	1,355		$	(134	)	$	(32	)	$	30		$	1,219		$	(119	)
	Equity in income (losses)	$	1,783		$	(133	)	$	(31	)	$	29		$	1,648		$	(269	)
	Balance Sheet Information as of December 31, 2012
	Current assets	$	9,577		$	194		$	218		$	42		$	10,031		$	491
	Property and equipment, net	44,196			19,025			92,846			4,412			160,479			72,356
	Other assets	246			683			—			—			929			—
	Long-term debt	(17,358		)	(11,000		)	—			—			(28,358		)	—
	Other liabilities	(3,350		)	(39		)	(224		)	(1		)	(3,614		)	(1,099		)
	Net assets	$	33,311		$	8,863		$	92,840		$	4,453		$	139,467		$	71,748

Basis_of_Presentation_Details

Basis of Presentation (Details)	9 Months Ended
	Sep. 30, 2013
	segment
Basis of Presentation (Textual) [Abstract]	'
Number of reportable segments	4

Equity_Details

Equity (Details) (USD $)	0 Months Ended	3 Months Ended		9 Months Ended
	Aug. 07, 2013	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
Weighted average number of shares outstanding:	'	'	'	'	'	'
Common stock	'	20,140,473	20,074,233	20,125,792	20,030,396	'
Common stock equivalents-stock options, grants	'	45,489	18,821	40,864	58,695	'
Diluted shares outstanding	'	20,185,962	20,093,054	20,166,656	20,089,091	'
Schedule of Equity Method Investments [Line Items]	'	'	'	'	'	'
Common stock, par value	$0.50	$0.50	'	$0.50	'	$0.50
Ratio of Common Stock to Warrant	0.14771	'	'	'	'	'
Warrant	'	'	'	'	'	'
Schedule of Equity Method Investments [Line Items]	'	'	'	'	'	'
Class of Warrant or Right, Exercise Price of Warrants or Rights	40	'	'	'	'	'
Class of Warrant or Right, Number of Securities Called by Warrants or Rights	3,000,000	'	'	'	'	'

Marketable_Securities_Availabl

Marketable Securities (Available-for-sale Securities) (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Summary of available-for-sale securities	'	'
Available-for-sale securities, Cost	$64,257	$64,465
Available-for-sale securities, Estimated Fair Value	64,487	65,049
Level 1 | Certificates of deposit	'	'
Summary of available-for-sale securities	'	'
Unrecognized losses for less than 12 months	1,717	1,578
Unrecognized losses for less than 12 months, Estimated Fair value	1,707	1,571
Unrecognized losses for more than 12 months, Cost	111	508
Unrecognized losses for more than 12 months, Estimated Fair value	111	507
Unrecognized gains, Cost	7,006	5,586
Unrecognized gains, Estimated Fair value	7,050	5,628
Available-for-sale securities, Cost	8,834	7,672
Available-for-sale securities, Estimated Fair Value	8,868	7,706
Level 2 | US Treasury and agency notes	'	'
Summary of available-for-sale securities	'	'
Unrecognized losses for less than 12 months	5,853	3,057
Unrecognized losses for less than 12 months, Estimated Fair value	5,841	3,024
Unrecognized losses for more than 12 months, Cost	3,948	874
Unrecognized losses for more than 12 months, Estimated Fair value	3,930	873
Unrecognized gains, Cost	5,957	12,175
Unrecognized gains, Estimated Fair value	6,001	12,267
Available-for-sale securities, Cost	15,758	16,106
Available-for-sale securities, Estimated Fair Value	15,772	16,164
Level 2 | Corporate notes	'	'
Summary of available-for-sale securities	'	'
Unrecognized losses for less than 12 months	9,155	1,993
Unrecognized losses for less than 12 months, Estimated Fair value	9,049	1,971
Unrecognized losses for more than 12 months, Cost	316	201
Unrecognized losses for more than 12 months, Estimated Fair value	315	200
Unrecognized gains, Cost	22,082	29,210
Unrecognized gains, Estimated Fair value	22,338	29,653
Available-for-sale securities, Cost	31,553	31,404
Available-for-sale securities, Estimated Fair Value	31,702	31,824
Level 2 | Municipal notes	'	'
Summary of available-for-sale securities	'	'
Unrecognized losses for less than 12 months	1,378	1,961
Unrecognized losses for less than 12 months, Estimated Fair value	1,360	1,948
Unrecognized losses for more than 12 months, Cost	1,045	620
Unrecognized losses for more than 12 months, Estimated Fair value	1,040	613
Unrecognized gains, Cost	5,689	6,702
Unrecognized gains, Estimated Fair value	5,745	6,794
Available-for-sale securities, Cost	8,112	9,283
Available-for-sale securities, Estimated Fair Value	$8,145	$9,355

Marketable_Securities_Textual_

Marketable Securities (Textual) (Details) (USD $)	9 Months Ended
	Sep. 30, 2013
Marketable Securities (Textual) [Abstract]	'
Fair market value of investment securities exceeds cost basis	$230,000
Other-than-temporary impairments recorded for securities	0
Changes in unrealized gains on available for sale securities, taxes	-212,000
Estimated taxes of change in value of available-for-sale securities	142,000
Gross unrealized holding gains	400,000
Gross unrealized holding losses	$170,000

Marketable_Securities_Maturiti

Marketable Securities (Maturities, at par) (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Summary of maturities, at par, of marketable securities	'	'
2013	$4,057	$20,774
2014	18,818	19,944
2015	21,723	18,329
2016	11,690	4,037
2017	6,398	'
Total	62,686	63,084
Certificates of deposit	'	'
Summary of maturities, at par, of marketable securities	'	'
2013	965	1,268
2014	1,627	1,627
2015	4,213	4,316
2016	1,501	301
2017	437	'
Total	8,743	7,512
US Treasury and agency notes	'	'
Summary of maturities, at par, of marketable securities	'	'
2013	890	6,285
2014	6,787	7,248
2015	5,168	2,633
2016	2,350	11
2017	592	'
Total	15,787	16,177
Corporate notes	'	'
Summary of maturities, at par, of marketable securities	'	'
2013	1,752	10,916
2014	6,729	6,729
2015	10,137	9,420
2016	6,604	3,325
2017	5,074	'
Total	30,296	30,390
Municipal notes	'	'
Summary of maturities, at par, of marketable securities	'	'
2013	450	2,305
2014	3,675	4,340
2015	2,205	1,960
2016	1,235	400
2017	295	'
Total	$7,860	$9,005

Long_Term_Water_Assets_Textual

Long Term Water Assets (Textual) (Details) (SWP Contracts, USD $)	Sep. 30, 2013
In Thousands, unless otherwise specified
SWP Contracts	'
Long Term Water Assets (Textual) [Abstract]	'
Annual amortization (Year1)	$708
Annual amortization (Year2)	708
Annual amortization (Year3)	708
Annual amortization (Year4)	708
Annual amortization (Year5)	$708

Long_Term_Water_Assets_Volume_

Long Term Water Assets (Volume of Water Assets) (Details)	Sep. 30, 2013	Dec. 31, 2012
		acre_foot
Banked water and water for future delivery	'	'
Company water bank	8,818	8,700
Total Company and AVEK banked water	23,460	22,540
Transferable water with AVEK	1.5	14,786	[1]
Total purchased water - third parties	41,690	40,770
Total purchased and contracted water sources in acre feet	101,659	100,739
AVEK	'	'
Banked water and water for future delivery	'	'
AVEK water bank	12,280	11,478
AVEK water for future delivery	2,362	2,362
SWP Contracts	'	'
Banked water and water for future delivery	'	'
SWP and TCWD contracts	3,444	3,444
WRMWSD	'	'
Banked water and water for future delivery	'	'
SWP and TCWD contracts	15,547	15,547
TCWD	'	'
Banked water and water for future delivery	'	'
Total Company and AVEK banked water	38,943	38,943
SWP and TCWD contracts	5,479	5,479
[1]	ransferable water with AVEK that is used by the Company or returned by AVEK to the Company will be returned at a 1.5 to 1 factor giving the Company use of a total of 22,179 acre feet.

Long_Term_Water_Assets_Details

Long Term Water Assets (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified		acre_foot
Components of water assets	'	'
Total long-term assets	31,057	$29,273
Less: current portion	-708	-708
Long-lived assets held-for-sale	30,349	28,565
Transferable water with AVEK	1.5	14,786	[1]
Long-term Water Assets (Volume)	41,690	40,770
Banked water and water for future delivery	'	'
Components of water assets	'	'
Total long-term assets	4,779	4,448
Transferable water	'	'
Components of water assets	'	'
Total long-term assets	10,862	8,988
Long-term Water Assets (Volume)	22,179	'
SWP Contracts	'	'
Components of water assets	'	'
Total long-term assets	15,416	15,837
Accumulated amortization	2,552	$2,021
[1]	ransferable water with AVEK that is used by the Company or returned by AVEK to the Company will be returned at a 1.5 to 1 factor giving the Company use of a total of 22,179 acre feet.

Accrued_Liabilities_and_Other_1

Accrued Liabilities and Other (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Payables and Accruals [Abstract]	'	'
Accrued vacation	$689	$674
Accrued paid personal leave	631	662
Accrued bonus	1,721	573
Property tax payable	510	0
Other	701	223
Total accrued liabilities and other	$4,252	$2,132

ShortTerm_and_LongTerm_Debt_De

Short-Term and Long-Term Debt (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Debt Disclosure [Abstract]	'	'
Note payable to a financial institution	$4,750	$253
Less current portion	-231	-41
Long-term debt, less current portion	$4,519	$212

ShortTerm_and_LongTerm_Debt_De1

Short-Term and Long-Term Debt (Details Textual) (USD $)	Sep. 30, 2013	Dec. 31, 2012	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2013
			Revolving line of credit	Revolving line of credit	Revolving line of credit	Revolving line of credit
				Minimum	Float over LIBOR	Fixed over LIBOR
Short-Term and Long-Term Debt (Textual) [Abstract]	'	'	'	'	'	'
Face amount	$4,750,000	'	'	'	'	'
Stated percentage	4.25%	'	'	'	'	'
Line of credit amount	'	'	30,000,000	'	'	'
Standby letter of credit	'	'	0	'	'	'
Interest rate on line of credit	'	'	'interest rate on this line of credit can float at 2.50% over a selected LIBOR rate or can be fixed at 2.25% above LIBOR for a fixed rate term.	'	'	'
Interest rate on line of credit, margin	'	'	'	'	2.50%	2.25%
Credit facility maturity term	'	'	'December 2013	'	'	'
Minimum net worth required for debt compliance	'	'	'	175,000,000	'	'
Tangible net worth	'	'	317,745,000	'	'	'
Liquid assets, debt covenant	$95,443,000	$90,753,000	$73,569,000	$25,000,000	'	'

Stock_Compensation_Performance

Stock Compensation - Performance Share Grants with Performance Conditions (Details) (Performance Shares)	9 Months Ended
	Sep. 30, 2013
Performance Share Grants with Performance Conditions [Abstract]	'
Below threshold performance	0
Threshold and Target performance	407,757
Minimum	'
Performance Share Grants with Performance Conditions [Abstract]	'
Threshold and Target performance	82,878
Maximum	'
Performance Share Grants with Performance Conditions [Abstract]	'
Maximum performance	595,575

Stock_Compensation_Stock_Grant

Stock Compensation - Stock Grant Activity (Details) (Restricted Stock and Performance Shares)	9 Months Ended	12 Months Ended
	Sep. 30, 2013	Dec. 31, 2012
Restricted Stock and Performance Shares	'	'
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]	'	'
Stock Grants Outstanding Beginning of Period	688,041	744,508
New Stock Grants/Estimated additional shares maximum performance	96,087	113,643
Vested Grants	-62,997	-170,110
Expired/Forfeited Grants	-221,552	0
Stock Grants Outstanding End of Period	499,579	688,041

Stock_Compensation_Compensatio

Stock Compensation - Compensation Costs (Details) (USD $)	9 Months Ended		3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Mar. 31, 2013	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
			Executive Officer	Chief Executive Officer	Employee 1998 Plan:	Employee 1998 Plan:	NDSI Plan	NDSI Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'	'	'	'
Unamortized cost associated with nonvested stock grants	$4,138	'	'	'	'	'	'	'
Weighted average period of recognition	'30 months	'	'	'	'	'	'	'
Expensed	'	'	-485	-2,271	17	3,898	384	286
Capitalized	'	'	'	'	245	281	'	'
Compensation cost	$646	$4,465	'	'	$262	$4,179	'	'

Income_Taxes_Details

Income Taxes (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
Income Taxes (Textual) [Abstract]	'	'	'	'	'
Income tax expense	$919	$1,525	$1,752	$1,461	'
Effective income tax rate	'	'	28.00%	25.00%	'
Income tax payable	835	'	835	'	0
Income tax payments related to 2013 tax year	'	'	$115	'	'

Commitments_and_Contingencies_

Commitments and Contingencies (Details) (USD $)	9 Months Ended	12 Months Ended
	Sep. 30, 2013	Dec. 31, 2012
	acre
Commitments and Contingencies (Textual) [Abstract]	'	'
Acres of land subject to water contracts	5,488	'
Estimated future minimum annual payments	$2,500,000	'
Additional bond debt authorized to be sold in future	4,750,000	'
Letter of credit period	'2 years	'
Letter of credit renewal period	'2 years	'
Expected reimbursements in current fiscal year	14,139,000	'
Special taxes paid	886,000	606,000
Interest rate held by TCWD in KWBA	2.00%	'
West CFD	'	'
Commitments and Contingencies (Textual) [Abstract]	'	'
Acres of land released from land liens	420	'
Standby letter of credit	28,620,000	'
Additional bond debt authorized to be sold in future	0	'
Additional reimbursement funds	0	'
East CFD	'	'
Commitments and Contingencies (Textual) [Abstract]	'	'
Acres of land released from land liens	1,931	'
Standby letter of credit	39,750,000	'
Additional bond debt authorized to be sold in future	80,250,000	'
Additional reimbursement funds	8,900,000	'
Standby letter of credit	'	'
Commitments and Contingencies (Textual) [Abstract]	'	'
Standby letter of credit	5,426,000	'
Letter of credit	'	'
Commitments and Contingencies (Textual) [Abstract]	'	'
Annual cost related to letter of credit	$83,000	'

Retirement_Plans_Details_Textu

Retirement Plans (Details Textual) (USD $)	9 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
Retirement Plan (Textual) [Abstract]	'	'
Contribution to ERISA plan	$850	'
Equity and debt investment fluctuations by plus or minus	20.00%	'
Weighted-average discount rate and rate of increase in periodic pension costs	4.00%	4.00%
Expected long-term rate of return on plan assets	7.50%	7.50%
Equities	'	'
Retirement Plan (Textual) [Abstract]	'	'
Current investment policy target	65.00%	'
Target plan asset allocations range, maximum	78.00%	'
Target plan asset allocations range, minimum	52.00%	'
Investment mix target allocation	58.00%	71.00%
Debt	'	'
Retirement Plan (Textual) [Abstract]	'	'
Current investment policy target	25.00%	'
Investment mix target allocation	35.00%	26.00%
Money market funds	'	'
Retirement Plan (Textual) [Abstract]	'	'
Current investment policy target	10.00%	'
Investment mix target allocation	7.00%	3.00%

Retirement_Plan_Details

Retirement Plan (Details) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Benefit Plan	'	'
Cost components:	'	'
Service cost-benefits earned during the period	($213)	($188)
Interest cost on projected benefit obligation	-282	-288
Expected return on plan assets	342	335
Net amortization and deferral	-144	-165
Total net periodic pension cost	-297	-306
SERP	'	'
Cost components:	'	'
Service cost-benefits earned during the period	-129	-129
Interest cost on projected benefit obligation	-162	-162
Net amortization and deferral	-216	-48
Total net periodic pension cost	($507)	($339)

Business_Segments_Details

Business Segments (Details) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Real estate - commercial/industrial	'	'
Revenue components of commercial/industrial real estate segment	'	'
Revenue of commercial/industrial real estate segment	$8,389	$7,509
Commercial leases	'	'
Revenue components of commercial/industrial real estate segment	'	'
Revenue of commercial/industrial real estate segment	5,078	4,537
Grazing leases	'	'
Revenue components of commercial/industrial real estate segment	'	'
Revenue of commercial/industrial real estate segment	1,090	958
Land Sale	'	'
Revenue components of commercial/industrial real estate segment	'	'
Revenue of commercial/industrial real estate segment	0	648
All other land management ancillary services	'	'
Revenue components of commercial/industrial real estate segment	'	'
Revenue of commercial/industrial real estate segment	2,221	1,366
Mineral resources	'	'
Revenue components of commercial/industrial real estate segment	'	'
Revenue of commercial/industrial real estate segment	8,055	11,232
Oil and gas	'	'
Revenue components of commercial/industrial real estate segment	'	'
Revenue of commercial/industrial real estate segment	6,198	9,137
Rock aggregate	'	'
Revenue components of commercial/industrial real estate segment	'	'
Revenue of commercial/industrial real estate segment	639	944
Cement	'	'
Revenue components of commercial/industrial real estate segment	'	'
Revenue of commercial/industrial real estate segment	581	559
Land lease for oil exploration	'	'
Revenue components of commercial/industrial real estate segment	'	'
Revenue of commercial/industrial real estate segment	$637	$592

Investment_in_Unconsolidated_a2

Investment in Unconsolidated and Consolidated Joint Ventures (Textual) (Details) (USD $)

3 Months Ended

9 Months Ended

9 Months Ended

9 Months Ended

9 Months Ended

3 Months Ended

In Thousands, unless otherwise specified

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Dec. 31, 2012

Sep. 30, 2013

Jun. 30, 2012

Sep. 30, 2013

Sep. 30, 2013

Sep. 30, 2013

Jun. 30, 2012

Sep. 30, 2013

Sep. 30, 2013

Jun. 30, 2013

Jun. 30, 2012

Sep. 30, 2013

Petro Travel Plaza Holdings LLC

Petro Travel Plaza Holdings LLC

Tejon Mountain Village LLC

Rockefeller Joint Ventures

Rockefeller Joint Ventures

Rockefeller Joint Ventures

Five West Parcel LLC

18-19 West LLC

TRCC-East

TRCC-East

Centennial Founders, LLC

Investment

Maximum

Maximum

sqft

acre

sqft

acre

acre

acre

Schedule of Equity Method Investments [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Investments in unconsolidated joint ventures

$62,000

'

$62,000

'

$54,022

'

'

'

'

'

'

'

'

'

$86,000

'

Equity in earnings of unconsolidated joint ventures, net

1,241

1,114

2,920

1,648

'

'

'

'

'

'

'

'

'

'

'

'

Minority investment in joint ventures

'

'

'

'

'

60.00%

60.00%

'

'

'

'

'

'

'

'

'

Ownership percentage

'

'

'

'

'

50.00%

'

'

'

'

'

'

'

'

'

'

Investment in joint ventures

'

'

'

'

'

$10,296

'

$43,379

$8,325

'

'

'

'

'

$10,558

'

Percentage of ownership interest joint ventures

'

'

'

'

'

'

'

50.00%

'

'

'

50.00%

'

'

'

72.52%

Number of acres for development

'

'

'

'

'

'

'

'

91

'

'

'

'

326,000

'

'

Development of land in TRCC including pursuing Foreign Trade Zone

'

'

'

'

'

'

'

'

'

500

500

'

'

'

'

'

Area of building owned and leased

'

'

'

'

'

'

'

'

'

'

'

606,000

'

'

'

'

Number of acres for development

'

'

'

'

'

'

'

'

'

'

'

'

61.5

'

'

'

Number of joint venture contracts

'

'

'

'

'

'

'

'

3

'

'

'

'

'

'

'

Investment_in_Unconsolidated_a3

Investment in Unconsolidated and Consolidated Joint Ventures (Details) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
Condensed balance sheet information and statements of operations of unconsolidated and consolidated joint ventures	'	'	'	'	'
Net income (loss)	$2,292,000	$4,021,000	$4,991,000	$4,414,000	'
Current assets	95,443,000	'	95,443,000	'	90,753,000
Property and equipment, net	143,284,000	'	143,284,000	'	146,590,000
Long-term debt	-4,750,000	'	-4,750,000	'	-253,000
Total	'	'	'	'	'
Condensed balance sheet information and statements of operations of unconsolidated and consolidated joint ventures	'	'	'	'	'
Gross revenues	'	'	89,227,000	94,448,000	'
Net income (loss)	'	'	4,266,000	3,117,000	'
Partner's share of net (income)	'	'	1,681,000	1,219,000	'
Equity in income (losses)	'	'	2,920,000	1,648,000	'
Current assets	25,869,000	'	25,869,000	'	10,031,000
Property and equipment, net	176,559,000	'	176,559,000	'	160,479,000
Other assets	753,000	'	753,000	'	929,000
Long-term debt	-27,797,000	'	-27,797,000	'	-28,358,000
Other liabilities	-4,349,000	'	-4,349,000	'	-3,614,000
Net assets	171,035,000	'	171,035,000	'	139,467,000
Petro Travel Plaza Holdings LLC	'	'	'	'	'
Condensed balance sheet information and statements of operations of unconsolidated and consolidated joint ventures	'	'	'	'	'
Gross revenues	'	'	86,662,000	92,564,000	'
Net income (loss)	'	'	4,515,000	3,388,000	'
Partner's share of net (income)	'	'	1,806,000	1,355,000	'
Equity in income (losses)	'	'	2,709,000	1,783,000	'
Current assets	13,871,000	'	13,871,000	'	9,577,000
Property and equipment, net	43,776,000	'	43,776,000	'	44,196,000
Other assets	217,000	'	217,000	'	246,000
Long-term debt	-16,797,000	'	-16,797,000	'	-17,358,000
Other liabilities	-2,855,000	'	-2,855,000	'	-3,350,000
Net assets	38,212,000	'	38,212,000	'	33,311,000
Five West Parcel LLC	'	'	'	'	'
Condensed balance sheet information and statements of operations of unconsolidated and consolidated joint ventures	'	'	'	'	'
Gross revenues	'	'	2,518,000	1,818,000	'
Net income (loss)	'	'	102,000	-267,000	'
Partner's share of net (income)	'	'	51,000	-134,000	'
Equity in income (losses)	'	'	51,000	-133,000	'
Current assets	2,000,000	'	2,000,000	'	194,000
Property and equipment, net	17,592,000	'	17,592,000	'	19,025,000
Other assets	536,000	'	536,000	'	683,000
Long-term debt	-11,000,000	'	-11,000,000	'	-11,000,000
Other liabilities	-163,000	'	-163,000	'	-39,000
Net assets	8,965,000	'	8,965,000	'	8,863,000
Tejon Mountain Village LLC	'	'	'	'	'
Condensed balance sheet information and statements of operations of unconsolidated and consolidated joint ventures	'	'	'	'	'
Gross revenues	'	'	0	0	'
Net income (loss)	'	'	-104,000	-63,000	'
Partner's share of net (income)	'	'	-52,000	-32,000	'
Equity in income (losses)	'	'	-52,000	-31,000	'
Current assets	2,293,000	'	2,293,000	'	218,000
Property and equipment, net	96,727,000	'	96,727,000	'	92,846,000
Other assets	0	'	0	'	0
Long-term debt	0	'	0	'	0
Other liabilities	-483,000	'	-483,000	'	-224,000
Net assets	98,537,000	'	98,537,000	'	92,840,000
18-19 West LLC	'	'	'	'	'
Condensed balance sheet information and statements of operations of unconsolidated and consolidated joint ventures	'	'	'	'	'
Gross revenues	'	'	47,000	66,000	'
Net income (loss)	'	'	42,000	59,000	'
Partner's share of net (income)	'	'	21,000	30,000	'
Equity in income (losses)	'	'	21,000	29,000	'
Current assets	35,000	'	35,000	'	42,000
Property and equipment, net	4,470,000	'	4,470,000	'	4,412,000
Other assets	0	'	0	'	0
Long-term debt	0	'	0	'	0
Other liabilities	-10,000	'	-10,000	'	-1,000
Net assets	4,495,000	'	4,495,000	'	4,453,000
TRCC/Rock Outlet Center	'	'	'	'	'
Condensed balance sheet information and statements of operations of unconsolidated and consolidated joint ventures	'	'	'	'	'
Gross revenues	'	'	0	'	'
Net income (loss)	'	'	-289,000	'	'
Partner's share of net (income)	'	'	-145,000	'	'
Equity in income (losses)	'	'	191,000	'	'
Current assets	7,670,000	'	7,670,000	'	'
Property and equipment, net	13,994,000	'	13,994,000	'	'
Other assets	0	'	0	'	'
Long-term debt	0	'	0	'	'
Other liabilities	-838,000	'	-838,000	'	'
Net assets	20,826,000	'	20,826,000	'	'
Centennial Founders, LLC	'	'	'	'	'
Condensed balance sheet information and statements of operations of unconsolidated and consolidated joint ventures	'	'	'	'	'
Gross revenues	'	'	628,000	267,000	'
Net income (loss)	'	'	-196,000	-388,000	'
Partner's share of net (income)	'	'	-55,000	-119,000	'
Equity in income (losses)	'	'	0	-269,000	'
Current assets	189,000	'	189,000	'	491,000
Property and equipment, net	74,668,000	'	74,668,000	'	72,356,000
Other assets	0	'	0	'	0
Long-term debt	0	'	0	'	0
Other liabilities	-654,000	'	-654,000	'	-1,099,000
Net assets	$74,203,000	'	$74,203,000	'	$71,748,000

Subsequent_Events_Details

Subsequent Events (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012	Nov. 06, 2013	Nov. 06, 2013	Nov. 06, 2013
In Millions, unless otherwise specified	acre_foot	acre_foot	Subsequent Event	Subsequent Event	Common Stock
			Pacific	Pacific	Subsequent Event
			acre_foot	Maximum	Pacific
Subsequent Event [Line Items]	'	'	'	'	'
Long-term Water Assets (Volume)	41,690	40,770	6,693	'	'
Cost of Purchased Water	'	'	$18.70	'	'
Stock Valuation, Weighted Average Price, Threshold Consecutive Trading Days	'	'	'	'	'10 days
Optional renewal term	'	'	'35 years	'	'
Cost of Purchased Water, Area	'	'	656	'	'
Annual fee rate increase	'	'	'	3.00%	'