Intangible Assets

6 Months Ended

Jun. 30, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets

Intangible Assets

The Company owns the following intangible assets, which primarily represent indefinite-lived intangible water assets (in thousands):

	June 30, 2018		December 31, 2017
Pipeline rights and water credits at Fish Springs Ranch	$	83,893	$	83,897
Pipeline rights and water rights at Carson-Lyon	21,618		25,569
Other	17,279		17,319
Total intangible assets	$	122,790	$	126,785

In June 2018, the Company sold 500 acre - feet of water rights in Lyon County, Nevada to a residential real estate developer for $10 million, or $20,000 per acre foot.