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Stock-Based Compensation - Narrative (Details) (USD $)
3 Months Ended 12 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Number of stock-based compensation plans in effect 1pico_NumberOfStockBasedCompensationPlansInEffect    
2014 Long Term Incentive Plan      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Number of shares of issuable common shares (in shares) 3,300,000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
   
Stock-based compensation expense $ 1,100,000us-gaap_AllocatedShareBasedCompensationExpense
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
$ 2,000,000us-gaap_AllocatedShareBasedCompensationExpense
/ 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]      
Vested (shares) 0us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockUnitsRSUMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
  469,435us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockUnitsRSUMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
Granted (shares) 0us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockUnitsRSUMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
  142,131us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockUnitsRSUMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
Unrecognized compensation cost 2,300,000us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockUnitsRSUMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
  2,500,000us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockUnitsRSUMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
2014 Long Term Incentive Plan | Employee Stock Option      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Options exercisable (in shares) 0us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
   
Unrecognized expense 2,600,000us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
  2,900,000us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
Officer | 2014 Long Term Incentive Plan | Employee Stock Option      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Vesting period (in years) 3 years    
Trading day window threshold 30 days    
Grant date stock price percentage 125.00%pico_SharebasedCompensationArrangementbySharebasedPaymentAwardExercisableThresholdPercentageofGrantDateStockPrice
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
/ us-gaap_TitleOfIndividualAxis
= us-gaap_OfficerMember
   
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 631,000us-gaap_AllocatedShareBasedCompensationExpense
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockUnitsRSUMember
/ dei_LegalEntityAxis
= pico_UCPMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
1,000,000us-gaap_AllocatedShareBasedCompensationExpense
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockUnitsRSUMember
/ dei_LegalEntityAxis
= pico_UCPMember
/ us-gaap_PlanNameAxis
= pico_A2014LongTermIncentivePlanMember
 
Noncontrolling Interest | Long Term Incentive Plan | Restricted Stock Units (RSUs)      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Stock-based compensation expense $ 270,000us-gaap_AllocatedShareBasedCompensationExpense
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockUnitsRSUMember
/ us-gaap_PlanNameAxis
= pico_LongTermIncentivePlanMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
$ 587,000us-gaap_AllocatedShareBasedCompensationExpense
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockUnitsRSUMember
/ us-gaap_PlanNameAxis
= pico_LongTermIncentivePlanMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember