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REAL ESTATE
 3 Months Ended
Mar. 31, 2024
Real Estate [Abstract]  
REAL ESTATE REAL ESTATE
Our accumulated real estate development costs by project consisted of the following:
($ in thousands)March 31, 2024December 31, 2023
Real estate development
Mountain Village$155,903 $155,168 
Centennial121,133 119,788 
Grapevine41,106 40,716 
Tejon Ranch Commerce Center24,056 21,585 
Real estate development$342,198 $337,257 
Real estate and improvements - held for lease
Tejon Ranch Commerce Center$20,642 $20,606 
Less accumulated depreciation(4,083)(3,997)
Real estate and improvements - held for lease, net$16,559 $16,609