Real Estate and Tangible Water Assets (Tables)

3 Months Ended

Mar. 31, 2015

The costs assigned to the various components of real estate and tangible water assets were as follows (in thousands):



	March 31, 2015		December 31, 2014
Real estate and improvements held and used, net of accumulated depreciation of $11,118 and $10,899 at March 31, 2015 and December 31, 2014, respectively	$	15,169	$	16,463
Residential real estate and home construction inventories	329,710		322,938
Other real estate inventories completed or under development	10,308		10,308
Tangible water assets	42,531		42,530
Total real estate and tangible water assets	$	397,718	$	392,239