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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, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues and other income:        
Sale of real estate and water assets $ 43 $ 33 $ 25,140 $ 130
Other income, net 8,591 817 9,687 1,504
Total revenues and other income 8,634 850 34,827 1,634
Cost of sales and expenses:        
Cost of real estate and water assets sold 17 19 12,549 64
General, administrative, and other 2,832 5,321 6,922 10,404
Depreciation and amortization 36 181 134 540
Total cost of sales and expenses 2,885 5,521 19,605 11,008
Income (loss) from continuing operations before income taxes 5,749 (4,671) 15,222 (9,374)
Benefit (provision) for federal and state income taxes (2,946) 271 (3,126) 182
Income (loss) from continuing operations 2,803 (4,400) 12,096 (9,192)
Income from discontinued operations, net of tax 4,434 1,688 8,322 1,484
Loss on sale or impairment loss on classification of assets as held-for-sale, net of tax (4,257) (10) (11,403) (1,859)
Net income (loss) from discontinued operations, net of tax 177 1,678 (3,081) (375)
Net income (loss) 2,980 (2,722) 9,015 (9,567)
Net income attributable to noncontrolling interests (1,405) (675) (2,796) (634)
Net income (loss) attributable to PICO Holdings, Inc. 1,575 (3,397) 6,219 (10,201)
Other comprehensive income (loss):        
Net income (loss) 2,980 (2,722) 9,015 (9,567)
Unrealized gain (loss) on securities, net of deferred income tax and reclassification adjustments (5,309) 489 (5,899) 529
Foreign currency translation 9 18 25 27
Total other comprehensive income (loss), net of tax (5,300) 507 (5,874) 556
Comprehensive income (loss) (2,320) (2,215) 3,141 (9,011)
Comprehensive income attributable to noncontrolling interests (1,405) (675) (2,796) (634)
Comprehensive income (loss) attributable to PICO Holdings, Inc. $ (3,725) $ (2,890) $ 345 $ (9,645)
Net income (loss) per common share – basic and diluted:        
Income (loss) from continuing operations ($ per share) $ 0.12 $ (0.19) $ 0.52 $ (0.40)
Loss from discontinued operations ($ per share) (0.05) 0.04 (0.25) (0.04)
Net income (loss) per common share – basic and diluted ($ per share) $ 0.07 $ (0.15) $ 0.27 $ (0.44)
Weighted average shares outstanding (number of shares) 23,126 23,040 23,099 23,039