Consolidated Balance Sheets - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Current Assets:
Cash and cash equivalents	$ 862,000	$ 1,930,000
Marketable securities - available-for-sale	32,661,000	32,815,000
Accounts receivable	3,066,000	6,511,000
Inventories	9,466,000	3,517,000
Prepaid expenses and other current assets	6,261,000	4,120,000
Total current assets	52,316,000	48,893,000
Real estate and improvements - held for lease, net	23,234,000	21,942,000
Real estate development (includes $87,217 at June 30, 2016 and $84,194 at December 31, 2015, attributable to Centennial Founders, LLC, Note 15)	239,932,000	235,466,000
Property and equipment, net	45,819,000	44,469,000
Investments in unconsolidated joint ventures	33,432,000	30,680,000
Long-term water assets	43,089,000	43,806,000
Deferred tax assets	5,732,000	4,659,000
Other assets	2,444,000	2,004,000
TOTAL ASSETS	445,998,000	431,919,000
Current Liabilities:
Trade accounts payable	4,135,000	3,252,000
Accrued liabilities and other	2,853,000	3,492,000
Income taxes payable	0	1,237,000
Deferred income	1,698,000	1,525,000
Revolving line of credit	11,000,000	0
Current maturities of long-term debt	2,503,000	815,000
Total current liabilities	22,189,000	10,321,000
Long-term debt, less current portion	71,417,000	73,223,000
Long-term deferred gains	3,811,000	3,816,000
Other liabilities	16,843,000	13,251,000
Total liabilities	114,260,000	100,611,000
Commitments and contingencies
Tejon Ranch Co. Stockholders’ Equity
Common stock, $.50 par value per share: Authorized shares - 30,000,000, Issued and outstanding shares - 20,725,851 at June 30, 2016 and 20,688,154 at December 31, 2015	10,363,000	10,344,000
Additional paid-in capital	218,740,000	216,803,000
Accumulated other comprehensive loss	(8,895,000)	(6,902,000)
Retained earnings	71,910,000	71,389,000
Total Tejon Ranch Co. Stockholders’ Equity	292,118,000	291,634,000
Non-controlling interest	39,620,000	39,674,000
Total equity	331,738,000	331,308,000
TOTAL LIABILITIES AND EQUITY	$ 445,998,000	$ 431,919,000