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REAL ESTATE - Schedule of Real Estate (Details) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Property, Plant and Equipment [Line Items]    
Real estate development $ 357,574 $ 337,257
Less accumulated depreciation (4,170) (3,997)
Real estate and improvements - held for lease, net 16,426 16,609
Mountain Village    
Property, Plant and Equipment [Line Items]    
Real estate development 156,631 155,168
Centennial    
Property, Plant and Equipment [Line Items]    
Real estate development 122,329 119,788
Grapevine    
Property, Plant and Equipment [Line Items]    
Real estate development 41,642 40,716
Tejon Ranch Commerce Center    
Property, Plant and Equipment [Line Items]    
Real estate development 36,972 21,585
Tejon Ranch Commerce Center $ 20,596 $ 20,606