Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
ASSETS
Real estate	$ 111,813	$ 92,626
Cash and cash equivalents	22,450	40,820
Investments available for sale (amortized cost of $37,288 and $43,296)	37,290	43,297
Accounts receivable, deposits and other assets	1,856	1,158
Net deferred tax asset	11,239	10,852
TOTAL	184,648	188,753
LIABILITIES
Accounts payable and accrued liabilities	2,831	3,120
Non-refundable option payments		350
Liability for environmental remediation	8,551	8,972
Income taxes payable		1,727
Other liabilities	169	155
Total liabilities	11,551	14,324
COMMITMENTS AND CONTINGENCIES
EQUITY
Common stock, $.01 par value; 25,000,000 shares authorized; 7,879,500 shares outstanding after deducting 395,409 shares held in treasury	79	79
Additional paid-in capital	376,414	376,332
Accumulated other comprehensive income	1	1
Accumulated deficit	(220,496)	(218,706)
Total HomeFed Corporation common shareholders' equity	155,998	157,706
Noncontrolling interest	17,099	16,723
Total equity	173,097	174,429
TOTAL	$ 184,648	$ 188,753