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Segment Reporting
 3 Months Ended
Mar. 31, 2015
Segment Reporting [Abstract]  
Segment Reporting
Segment Reporting

PICO is a diversified holding company engaged in the following operating and reportable segments: Water Resource and Water Storage Operations, Real Estate Operations, Agribusiness Operations, and Corporate. The accounting policies of the reportable segments are the same as those described in the Company’s 2014 Annual Report on Form 10-K filed with the SEC.

Management analyzes segments using the following information:

Segment assets (in thousands):
 
March 31, 2015
 
December 31, 2014
Assets:
 
 
 
Water resource and water storage operations
$
187,503

 
$
186,294

Real estate operations
384,802

 
384,855

Agribusiness operations
142,517

 
152,554

Corporate
67,697

 
80,741

Total assets
$
782,519

 
$
804,444



Segment revenues and loss before taxes (in thousands):
 
Three Months Ended March 31,
 
2015
 
2014
Revenue and other income:
 
 
 
Water resource and water storage operations
$
210

 
$
136

Real estate operations
43,680

 
25,766

Agribusiness operations
39,326

 
34,867

Corporate
1,434

 
507

Total revenues and other income
$
84,650

 
$
61,276

 
 
 
 
Loss before income taxes:
 
 
 
Water resource and water storage operations
$
(1,492
)
 
$
(1,985
)
Real estate operations
(3,779
)
 
(6,277
)
Agribusiness operations
(10,482
)
 
(4,192
)
Corporate
(3,812
)
 
(3,237
)
Total loss before income taxes
$
(19,565
)
 
$
(15,691
)