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Intangible Assets (Details) (USD $)
3 Months Ended 12 Months Ended
Mar. 31, 2015
Dec. 31, 2014
Indefinite-lived Intangible Assets [Line Items]    
Intangible assets $ 128,139,000us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill $ 126,612,000us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill
Intangibles impairment   2,282,000us-gaap_ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill [1]
Pipeline and Water Rights    
Indefinite-lived Intangible Assets [Line Items]    
Fair value of intangibles   3,300,000pico_IntangibleAssetFairValue
/ us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassAxis
= pico_PipelineandWaterRightsMember
Intangible asset carrying amount   5,600,000us-gaap_FiniteLivedIntangibleAssetsGross
/ us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassAxis
= pico_PipelineandWaterRightsMember
Intangibles impairment 0us-gaap_ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
/ us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassAxis
= pico_PipelineandWaterRightsMember
2,300,000us-gaap_ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
/ us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassAxis
= pico_PipelineandWaterRightsMember
Fish Springs Ranch | Pipeline and Water Rights    
Indefinite-lived Intangible Assets [Line Items]    
Intangible assets 83,897,000us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill
/ us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassAxis
= pico_PipelineandWaterRightsMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= pico_FishSpringsRanchMember
83,897,000us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill
/ us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassAxis
= pico_PipelineandWaterRightsMember
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= pico_FishSpringsRanchMember
Carson-Lyon    
Indefinite-lived Intangible Assets [Line Items]    
Intangible assets 24,831,000us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= pico_CarsonLyonMember
24,804,000us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= pico_CarsonLyonMember
Other Properties    
Indefinite-lived Intangible Assets [Line Items]    
Intangible assets $ 19,411,000us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= pico_OtherPropertiesMember
$ 17,911,000us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill
/ us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis
= pico_OtherPropertiesMember
[1] The Company had a non-recurring fair value measurement for intangible assets that resulted in an impairment loss discussed in Note 3 “Intangible Assets.”