Discontinued Agribusiness Operations (Tables)

3 Months Ended

Mar. 31, 2016

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures

The following table presents the details of the Company’s results from discontinued agribusiness operations included in the condensed consolidated statement of operations and comprehensive income or loss (in thousands):

	Three Months Ended March 31,
	2016			2015
Revenue and other income:
Sales of canola oil and meal				$	39,432
Other				(106		)
Total revenue and other income				39,326
Cost of goods sold:
Cost of canola oil and meal sold				38,424
Depreciation				1,950
Other direct costs of production				2,519
Total cost of goods sold				42,893
Impairment loss on intangible and long-lived assets				1,875
Interest				1,439
Plant costs and overhead	$	40		3,601
Segment total expenses	40			49,808
Loss from discontinued agribusiness operations, net of tax	(40		)	(10,482		)
Loss on sale of discontinued agribusiness operations, net of tax	(1,849		)
Net loss from discontinued agribusiness operations, net of tax	(1,889		)	(10,482		)
Net loss from discontinued agribusiness operations attributable to noncontrolling interests				1,063
Net loss from discontinued agribusiness operations attributable to PICO Holdings, Inc.	$	(1,889	)	$	(9,419	)

The following table presents the details of the Company’s discontinued agribusiness assets and liabilities classified as held-for-sale in the condensed consolidated balance sheets (in thousands):

	March 31, 2016		December 31, 2015
Assets
Cash and cash equivalents	$	553	$	938
Accounts receivable	6,000		7,800
Other assets	24		55
Total assets held-for-sale	$	6,577	$	8,793
Liabilities
Accounts payable and accrued expenses	$	276	608
Total liabilities held-for-sale	$	276	$	608