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STOCK-BASED COMPENSATION - Fair Value Valuation Assumptions - SARs (Details) (2014 Long Term Incentive Plan, Stock Appreciation Rights (SARs))
12 Months Ended
Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Expected term 7 years
Expected dividend yield 0.00%us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
Expected forfeiture rate 0.00%pico_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedForfeitureRate
Maximum
 
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Expected volatility 31.00%us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
/ us-gaap_AwardTypeAxis
= us-gaap_StockAppreciationRightsSARSMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
Risk-free rate 4.70%us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
/ us-gaap_AwardTypeAxis
= us-gaap_StockAppreciationRightsSARSMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
Minimum
 
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Expected volatility 29.00%us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
/ us-gaap_AwardTypeAxis
= us-gaap_StockAppreciationRightsSARSMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
Risk-free rate 4.30%us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
/ us-gaap_AwardTypeAxis
= us-gaap_StockAppreciationRightsSARSMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember