XML 19 R4.htm IDEA: XBRL DOCUMENT v3.19.1
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME OR LOSS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Revenues and other income:    
Sale of real estate and water assets $ 13,637 $ 26,388
Impairment loss on investment in unconsolidated affiliate (1,312) 0
Other income, net 726 9,888
Total revenues and other income 13,051 36,276
Cost of sales and expenses:    
Cost of water assets and real estate sold 5,246 13,216
General, administrative, and other 11,048 12,414
Depreciation and amortization 76 305
Total costs and expenses 16,370 25,935
Income (loss) from continuing operations before income taxes (3,319) 10,341
Provision for federal and state income taxes (53) (3,082)
Income (loss) from continuing operations (3,372) 7,259
Income from discontinued operations, net of tax 0 3,053
Income (loss) on sale of discontinued operations, net of tax 43 (8,698)
Net income (loss) from discontinued operations, net of tax 43 (5,645)
Net income (loss) (3,329) 1,614
Net income attributable to noncontrolling interests 0 (1,150)
Net income (loss) attributable to PICO Holdings, Inc. (3,329) 464
Net income (loss) (3,329) 1,614
Other comprehensive loss, net of tax:    
Unrealized loss on securities, net of deferred income tax and reclassification adjustments (544) (6,193)
Foreign currency translation 0 76
Total other comprehensive loss, net of tax (544) (6,117)
Comprehensive loss (3,873) (4,503)
Comprehensive income attributable to noncontrolling interests 0 (1,150)
Comprehensive loss attributable to PICO Holdings, Inc. $ (3,873) $ (5,653)
Net income (loss) per common share – basic and diluted:    
Income (loss) from continuing operations (in dollars per share) $ (0.15) $ 0.31
Income (loss) from discontinued operations (in dollars per share) 0.00 (0.29)
Net income (loss) per common share - basic and diluted (in dollars per share) $ (0.15) $ 0.02
Weighted average shares outstanding (in shares) 22,074 23,122