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Condensed Consolidated Statements of Operations and Comprehensive Income or Loss - Unaudited - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenues and other income:        
Sale of real estate and water assets $ 55,063 $ 63,780 $ 98,673 $ 89,426
Impairment on investments (20,696)   (20,696)  
Other income 741 $ 3,783 2,454 $ 4,546
Total revenues and other income 35,108 67,563 80,431 93,972
Cost of sales:        
Cost of real estate and water assets sold 45,608 51,601 81,940 72,656
Expenses:        
Operating and other costs 15,552 $ 17,112 32,045 30,442
Impairment loss on intangible and long-lived assets $ 274   $ 1,363 2,865
Interest   $ 77   227
Depreciation and amortization $ 505 726 $ 996 1,232
Total costs and expenses 61,939 69,516 116,344 107,422
Loss from continuing operations before income taxes and equity in loss of unconsolidated affiliates (26,831) (1,953) (35,913) (13,450)
Benefit for federal, foreign, and state income taxes (2,731) (91) (2,970) (355)
Equity in loss of unconsolidated affiliate (998) (681) (1,481) (1,160)
Loss from continuing operations (25,098) (2,543) (34,424) (14,255)
Income (loss) from discontinued agribusiness operations, net of tax (8,813) $ 4,451 (19,295) $ 259
Impairment loss on classification of assets as held-for-sale, net of tax (16,903)   (16,903)  
Income (loss) from discontinued agribusiness operations, net of tax (25,716) $ 4,451 (36,198) $ 259
Net income (loss) (50,814) 1,908 (70,622) (13,996)
Net (income) loss attributable to noncontrolling interests 1,044 (71) 4,027 2,587
Net income (loss) attributable to PICO Holdings, Inc. (49,770) 1,837 (66,595) (11,409)
Other comprehensive income (loss):        
Net income (loss) (50,814) 1,908 (70,622) (13,996)
Unrealized gain (loss) on securities, net of deferred income tax and reclassification adjustments 334 (57) 283 430
Foreign currency translation (46) (42) (37) (2)
Total other comprehensive income (loss), net of tax 288 (99) 246 428
Comprehensive income (loss) (50,526) 1,809 (70,376) (13,568)
Comprehensive (income) loss attributable to noncontrolling interests 1,044 (71) 4,027 2,587
Comprehensive income (loss) attributable to PICO Holdings, Inc. $ (49,482) $ 1,738 $ (66,349) $ (10,981)
Net income (loss) per common share – basic and diluted ($ per share)        
Loss from continuing operations $ (1.08) $ (0.09) $ (1.40) $ (0.51)
Income (loss) from discontinued agribusiness operations (1.09) 0.17 (1.50) 0.01
Net income (loss) per common share – basic and diluted $ (2.17) $ 0.08 $ (2.90) $ (0.50)
Weighted average shares outstanding - basic and diluted (number of shares) 23,009 22,754 23,007 22,750