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Basis of Presentation and Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Components of Real Estate and Water Assets
The costs assigned to the various components of real estate and tangible water assets were as follows (in thousands):
 
September 30, 2014
 
December 31, 2013
Real estate
$
291,446

 
$
208,506

Tangible water assets
45,761

 
45,702

 
$
337,207

 
$
254,208

Summary of RSU and RSA Activity
A summary of activity of PICO Holdings, Inc. common stock RSU is as follows:
 
RSU
 
Weighted-Average Grant Date
Fair Value Per Share
Outstanding at January 1, 2014
469,435

 
$
30.43

Granted
13,212

 
$
22.70

Vested
(15,435
)
 
$
22.67

Outstanding at September 30, 2014
467,212

 
$
30.46

Unrecognized compensation cost (in thousands)
$
490

 
 
Summary of SAR Activity
A summary of SAR activity is as follows:
 
SAR
 
Weighted Average
Exercise Price
 
Weighted Average
Contractual Term in Years
Outstanding at January 1, 2014
1,616,625

 
$
36.45

 
2.5 years
 
 
 
 
 
 
Outstanding and exercisable at September 30, 2014
1,616,625

 
$
36.45

 
1.7 years
Schedule of Accumulated Other Comprehensive Income (Loss)
The components of accumulated other comprehensive income are as follows (in thousands):
 
September 30, 2014
 
December 31, 2013
Net unrealized appreciation on available-for-sale investments
$
6,529

 
$
6,866

Foreign currency translation
(6,389
)
 
(6,634
)
Accumulated other comprehensive income
$
140

 
$
232

The following table reports amounts that were reclassified from accumulated other comprehensive income or loss and included in earnings (in thousands):
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2014
 
2013
 
2014
 
2013
Beginning balance
$
660

 
$
(514
)
 
$
232

 
$
(2,014
)
Unrealized gain (loss) on marketable securities, net of tax
(202
)
 
1,089

 
841

 
2,987

Amount reclassified and recognized in net income (loss), net of tax(1)
(565
)
 
(226
)
 
(1,178
)
 
(581
)
Accumulated foreign currency translation, net of tax
247

 
(64
)
 
245

 
(107
)
Net change in other comprehensive income, net of tax
(520
)
 
799

 
(92
)
 
2,299

Accumulated other comprehensive income
$
140

 
$
285

 
$
140

 
$
285


(1)Amounts reclassified from unrealized gain on marketable securities are included in other income in the condensed consolidated statement of operations and comprehensive income or loss.

Schedule of Goodwill
The balance of goodwill and changes for the period by reporting segment were as follows (in thousands):
 
Agribusiness Segment
 
Real Estate Segment
 
Total
Balance, January 1, 2014
$
4,702

 

 
$
4,702

Goodwill acquired during the period

 
$
4,993

 
4,993

Balance, September 30, 2014
$
4,702

 
$
4,993

 
$
9,695