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UCP Initial Public Offering (Details) Narrative (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2014
Noncontrolling Interest [Line Items]    
Proceeds from IPO $ 105,500,000us-gaap_ProceedsFromIssuanceInitialPublicOffering  
Increase in additional paid In capital, from subsidiary IPO 14,700,000pico_IncreaseinAdditionalPaidInCapitalFromSubsidiaryIPO  
Percentage of cash savings realized from increase in tax basis   85.00%pico_PercentageofCashSavingsRealizedfromIncreaseinTaxBasis
UCP    
Noncontrolling Interest [Line Items]    
Subsidiary ownership interest held by related party   57.70%pico_VotingInterestControlledbyParent
/ dei_LegalEntityAxis
= pico_UCPMember
Voting ownership percentage of noncontrolling interest   42.30%us-gaap_MinorityInterestOwnershipPercentageByNoncontrollingOwners
/ dei_LegalEntityAxis
= pico_UCPMember
Initial carrying value of noncontrolling interest $ 90,749,000pico_CarryingValueofNoncontrollingInterest
/ dei_LegalEntityAxis
= pico_UCPMember
 
Number of seats on the board of directors   2pico_NumberofIndividualsParenthasRightstoNominatedonBoardofDirectors
/ dei_LegalEntityAxis
= pico_UCPMember
Percentage ownership required to maintain right to elect two members to board of directors   25.00%pico_PercentageOwnershipRequiredtoMaintainRighttoElectTwoMemberstoBoardofDirectors
/ dei_LegalEntityAxis
= pico_UCPMember
Percentage ownership required to maintain right to elect a members to board of directors   10.00%pico_PercentageOwnershipRequiredtoMaintainRighttoElectaMemberstoBoardofDirectors
/ dei_LegalEntityAxis
= pico_UCPMember
Percentage of cash payment from subsidiary for increases in tax basis   15.00%pico_PercentageofCashPaymentfromSubsidiaryforIncreasesinTaxBasis
/ dei_LegalEntityAxis
= pico_UCPMember
IPO | Common Class A    
Noncontrolling Interest [Line Items]    
Shares issued during the period (in shares) 7,750,000us-gaap_StockIssuedDuringPeriodSharesNewIssues
/ pico_SaleofStockAxis
= us-gaap_IPOMember
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
 
Share Price (in dollars per share) $ 15us-gaap_SharePrice
/ pico_SaleofStockAxis
= us-gaap_IPOMember
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember