Discontinued Operations and Assets and Liabilities Held-for-Sale (Tables)

3 Months Ended

Mar. 31, 2018

Discontinued Operations and Disposal Groups [Abstract]

Results from Discontinued Operations

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

	Three Months Ended March 31,
	2017
Revenue and other income from discontinued real estate operations:
Sales of real estate	$	94,498
Other	448
Total revenue and other income	94,946
Cost of sales and expenses from discontinued real estate operations:
Cost of real estate sold	77,128
General, administrative, and other	8,215
Sales and marketing	5,149
Impairment loss on long-lived assets	102
Total cost of sales and expenses	90,594
Income (loss) before income taxes	4,352
Benefit (provision) for federal and state income taxes	(521		)
Net income (loss) from discontinued real estate operations	3,831
Net loss from discontinued agribusiness operations, net of tax	56
Net income (loss) from discontinued operations, net of tax	3,887
Gain (loss) on sale of discontinued real estate operations, net of tax (1)	(7,148		)
Income (loss) on sale of discontinued agribusiness operations, net of tax	2
Net income (loss) from discontinued operations, net of tax	(3,259		)
Net (income) loss from discontinued operations attributable to noncontrolling interests	(1,391		)
Net income (loss) from discontinued operations attributable to PICO Holdings, Inc.	$	(4,650	)