CONDENSED CONSOLIDATED BALANCE SHEETS - UNAUDITED (USD $) In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Assets
Cash and cash equivalents	$ 56,149	$ 138,039
Investments ($39,297 and $50,600 measured at fair value at September 30, 2014, and December 31, 2013, respectively)	65,806	78,657
Real estate and tangible water assets, net of $10,679 and $10,019 of accumulated depreciation at September 30, 2014, and December 31, 2013, respectively	337,207	254,208
Property, plant and equipment, net	122,968	123,444
Intangible assets	128,575	124,880
Other assets	60,174	43,324
Total assets	770,879	762,552
Liabilities and shareholders’ equity
Debt	147,895	136,767
Accounts payable, accrued expenses and other liabilities	54,033	36,780
Deferred compensation	24,215	24,160
Total liabilities	226,143	197,707
Commitments and contingencies
Common stock	26	26
Additional paid-in capital	549,780	546,307
Retained deficit	(38,428)	(17,083)
Accumulated other comprehensive income	140	232
Treasury stock, at cost (common shares: 3,063 at September 30, 2014 and 3,073 at December 31, 2013)	(56,370)	(56,593)
Total PICO Holdings, Inc. shareholders’ equity	455,148	472,889
Noncontrolling interest in subsidiaries	89,588	91,956
Total shareholders’ equity	544,736	564,845
Total liabilities and shareholders’ equity	$ 770,879	$ 762,552