Condensed Consolidated Balance Sheets - Unaudited - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Assets
Cash and cash equivalents	$ 36,721	$ 19,611
Investments ($3,354 and $25,071 measured at fair value at June 30, 2017 and December 31, 2016, respectively)	4,665	26,383
Real estate and tangible water assets, net	45,162	57,691
Intangible assets	126,753	126,796
Other assets	2,357	4,624
Assets held-for-sale	432,894	440,689
Total assets	648,552	675,794
Liabilities and equity
Deferred compensation	4,050	27,322
Other liabilities	2,122	12,322
Accounts payable and accrued expenses	505	1,015
Liabilities held-for-sale	210,352	207,566
Total liabilities	217,029	248,225
Commitments and contingencies
Preferred stock, $0.001 par value; authorized 10,000 shares, none issued
Common stock, $0.001 par value; authorized 100,000 shares, 23,140 issued and 23,138 outstanding at June 30, 2017, and 23,125 issued and 23,070 outstanding at December 31, 2016	23	23
Additional paid-in capital	494,830	495,468
Accumulated deficit	(167,012)	(173,231)
Accumulated other comprehensive income	787	6,661
Treasury stock, at cost (common shares: 1 and 55 at June 30, 2017 and December 31, 2016, respectively)	(25)	(927)
Total PICO Holdings, Inc. shareholders’ equity	328,603	327,994
Noncontrolling interest in subsidiaries	102,920	99,575
Total equity	431,523	427,569
Total liabilities and equity	$ 648,552	$ 675,794