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Real Estate and Water Assets, Net (Tables)
12 Months Ended
Dec. 31, 2012
Real Estate [Abstract]  
Components of Real Estate and Water Assets
The cost assigned to the various components of real estate and water assets at December 31, is as follows (in thousands):
 
2012
 
2011
Real estate
$
166,220

 
$
161,733

Real estate improvements, net of accumulated amortization of $9.1 million in 2012 and $8.3 million in 2011
4,464

 
8,197

Water and water rights
86,764

 
79,020

Pipeline rights and water credits at Fish Springs
84,890

 
84,890

 
$
342,338

 
$
333,840