XML 86 R60.htm IDEA: XBRL DOCUMENT v2.4.1.9
STOCK-BASED COMPENSATION (Details) (USD $)
12 Months Ended 1 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Nov. 30, 2014
Jun. 30, 2014
employee
May 31, 2014
Apr. 30, 2014
Restricted Stock Units (RSUs) | Common Stock              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Stock issued during period (in shares) 247,253us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockUnitsRSUMember
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember
           
2005 Long Term Incentive Plan              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Number of issuable common shares (in shares)           2,700,000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
/ us-gaap_PlanNameAxis
= pico_LongTermIncentivePlanMember
 
Stock-based compensation expense   $ 6,000,000us-gaap_AllocatedShareBasedCompensationExpense
/ us-gaap_PlanNameAxis
= pico_LongTermIncentivePlanMember
$ 3,900,000us-gaap_AllocatedShareBasedCompensationExpense
/ us-gaap_PlanNameAxis
= pico_LongTermIncentivePlanMember
       
2014 Long Term Incentive Plan              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Number of issuable common shares (in shares) 3,300,000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
           
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant           1,000,000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
 
Stock-based compensation expense 7,100,000us-gaap_AllocatedShareBasedCompensationExpense
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
           
2014 Long Term Incentive Plan | 4.58-Year Option              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Grant date Nov. 14, 2014            
2014 Long Term Incentive Plan | 10-Year Option              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Grant date Nov. 14, 2014            
2014 Long Term Incentive Plan | Employee Stock Option              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Awards granted (in shares) 453,333us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
           
Share-based awards forfeited during period (in shares) 0us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
           
Unrecognized costs related to unvested awards 2,900,000us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
           
2014 Long Term Incentive Plan | Restricted Stock Units (RSUs)              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period 0us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockUnitsRSUMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
0us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockUnitsRSUMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
         
Award vesting period         1 year    
Share-based awards granted during period (in shares) 142,131us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockUnitsRSUMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
15,435us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockUnitsRSUMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
  128,919us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockUnitsRSUMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
13,212us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockUnitsRSUMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
   
Share-based vested during period (in shares) 469,435us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockUnitsRSUMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
13,716us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockUnitsRSUMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
         
Shares paid for tax withholding (in shares) 222,182us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockUnitsRSUMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
           
Outstanding and unvested at end of period (in shares) 142,131.000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockUnitsRSUMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
469,435us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockUnitsRSUMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
467,716us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockUnitsRSUMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
       
Unrecognized compensation cost (in thousands) 2,500,000us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockUnitsRSUMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
3,000,000us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockUnitsRSUMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
         
RSUs issued to each non-employee director         2,202pico_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodNetOfForfeituresPerNonEmployeeDirector
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockUnitsRSUMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
   
Number of non-employee directors receiving grants         6pico_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNumberOfNonEmployeeDirectorsReceivingGrants
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockUnitsRSUMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
   
Total fair value of RSU grants         300,000pico_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodTotalFairValue
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockUnitsRSUMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
   
2014 Long Term Incentive Plan | Stock Appreciation Rights (SARs)              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period 20,000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_StockAppreciationRightsSARSMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
195,454us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_StockAppreciationRightsSARSMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
         
Outstanding and unvested at end of period (in shares) 1,596,625.000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
/ us-gaap_AwardTypeAxis
= us-gaap_StockAppreciationRightsSARSMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
1,616,625us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
/ us-gaap_AwardTypeAxis
= us-gaap_StockAppreciationRightsSARSMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
1,812,079us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
/ us-gaap_AwardTypeAxis
= us-gaap_StockAppreciationRightsSARSMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
       
2005 Plan [Member]              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant             218,000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
/ us-gaap_PlanNameAxis
= pico_A2005PlanMember
Common stock reserved for future issuance (in shares)             2,100,000us-gaap_CommonStockCapitalSharesReservedForFutureIssuance
/ us-gaap_PlanNameAxis
= pico_A2005PlanMember
UCP | 2005 Long Term Incentive Plan | Restricted Stock Units (RSUs)              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Stock-based compensation expense   2,200,000us-gaap_AllocatedShareBasedCompensationExpense
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockUnitsRSUMember
/ dei_LegalEntityAxis
= pico_UCPMember
/ us-gaap_PlanNameAxis
= pico_LongTermIncentivePlanMember
0us-gaap_AllocatedShareBasedCompensationExpense
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockUnitsRSUMember
/ dei_LegalEntityAxis
= pico_UCPMember
/ us-gaap_PlanNameAxis
= pico_LongTermIncentivePlanMember
       
UCP | 2014 Long Term Incentive Plan | Restricted Stock Units (RSUs)              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Stock-based compensation expense 3,700,000us-gaap_AllocatedShareBasedCompensationExpense
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockUnitsRSUMember
/ dei_LegalEntityAxis
= pico_UCPMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
           
Non- controlling Interest | 2005 Long Term Incentive Plan | Restricted Stock Units (RSUs)              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Stock-based compensation expense 1,900,000us-gaap_AllocatedShareBasedCompensationExpense
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockUnitsRSUMember
/ us-gaap_PlanNameAxis
= pico_LongTermIncentivePlanMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
1,200,000us-gaap_AllocatedShareBasedCompensationExpense
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockUnitsRSUMember
/ us-gaap_PlanNameAxis
= pico_LongTermIncentivePlanMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
         
Officer | 2014 Long Term Incentive Plan | 4.58-Year Option              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Awards granted (in shares)       285,714us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
/ us-gaap_AwardTypeAxis
= pico_IncentiveStockOptionExpirationPeriodOneMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
/ us-gaap_TitleOfIndividualAxis
= us-gaap_OfficerMember
     
Awards expiration period       4 years 7 months      
Fair value of options granted during period       1,500,000pico_SharebasedCompensationArrangementbySharebasedPaymentAwardOptionsGrantsinPeriodFairValue
/ us-gaap_AwardTypeAxis
= pico_IncentiveStockOptionExpirationPeriodOneMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
/ us-gaap_TitleOfIndividualAxis
= us-gaap_OfficerMember
     
Officer | 2014 Long Term Incentive Plan | 10-Year Option              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Awards granted (in shares)       167,619us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
/ us-gaap_AwardTypeAxis
= pico_IncentiveStockOptionExpirationPeriodTwoMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
/ us-gaap_TitleOfIndividualAxis
= us-gaap_OfficerMember
     
Awards expiration period       10 years      
Fair value of options granted during period       1,500,000pico_SharebasedCompensationArrangementbySharebasedPaymentAwardOptionsGrantsinPeriodFairValue
/ us-gaap_AwardTypeAxis
= pico_IncentiveStockOptionExpirationPeriodTwoMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
/ us-gaap_TitleOfIndividualAxis
= us-gaap_OfficerMember
     
Officer | 2014 Long Term Incentive Plan | Employee Stock Option              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Awards granted (in shares)       453,333us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
/ us-gaap_TitleOfIndividualAxis
= us-gaap_OfficerMember
     
Options exercisable threshold trading days       30 days      
Award vesting period       3 years      
Exercisable threshold, percentage of grant date stock price       125.00%pico_SharebasedCompensationArrangementbySharebasedPaymentAwardExercisableThresholdPercentageofGrantDateStockPrice
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
/ us-gaap_TitleOfIndividualAxis
= us-gaap_OfficerMember
     
Officer | 2014 Long Term Incentive Plan | Restricted Stock Units (RSUs)              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Share-based vested during period (in shares) 454,000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockUnitsRSUMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
/ us-gaap_TitleOfIndividualAxis
= us-gaap_OfficerMember
           
Director | 2014 Long Term Incentive Plan | Restricted Stock Units (RSUs)              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Share-based vested during period (in shares) 15,435us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockUnitsRSUMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
/ us-gaap_TitleOfIndividualAxis
= us-gaap_DirectorMember
           
Four Years | 2014 Long Term Incentive Plan | Restricted Stock Units (RSUs)              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Award vesting period       4 years      
Share-based awards granted during period (in shares)       113,334us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockUnitsRSUMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
/ us-gaap_VestingAxis
= us-gaap_ShareBasedCompensationAwardTrancheOneMember
     
Total fair value of RSU grants       2,200,000pico_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodTotalFairValue
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockUnitsRSUMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
/ us-gaap_VestingAxis
= us-gaap_ShareBasedCompensationAwardTrancheOneMember
     
Three Years | 2014 Long Term Incentive Plan | Restricted Stock Units (RSUs)              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Award vesting period       3 years      
Share-based awards granted during period (in shares)       15,585us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockUnitsRSUMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
/ us-gaap_VestingAxis
= us-gaap_ShareBasedCompensationAwardTrancheTwoMember
     
Total fair value of RSU grants       304,000pico_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodTotalFairValue
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockUnitsRSUMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
/ us-gaap_VestingAxis
= us-gaap_ShareBasedCompensationAwardTrancheTwoMember