REAL ESTATE - Schedule of Real Estate (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Property, Plant and Equipment [Line Items]
Real estate development	$ 342,198	$ 337,257
Less accumulated depreciation	(4,083)	(3,997)
Real estate and improvements - held for lease, net	16,559	16,609
Mountain Village
Property, Plant and Equipment [Line Items]
Real estate development	155,903	155,168
Centennial
Property, Plant and Equipment [Line Items]
Real estate development	121,133	119,788
Grapevine
Property, Plant and Equipment [Line Items]
Real estate development	41,106	40,716
Tejon Ranch Commerce Center
Property, Plant and Equipment [Line Items]
Real estate development	24,056	21,585
Tejon Ranch Commerce Center	$ 20,642	$ 20,606

Inventory, Real Estate, Improvements, Accumulated Depreciation

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- Definition

Inventory, Real Estate, Improvements, Gross

+ References

No definition available.

+ Details

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- Definition

Represents improvements to real estate during development for ultimate sale to third parties. Improvements may consist of project infrastructure and other expenditures necessary to completion of the development project which is generally of a long-term nature.

+ References

No definition available.

+ Details

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- Definition

Carrying amount as of the balance sheet date, net of valuation allowances and impairment losses, of costs of land expected to be developed in the near term plus capitalized costs of development, for purposes of selling completed units to home buyers or commercial or industrial entities..

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(6)(a))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1

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- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

+ Details

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