REAL ESTATE (Tables)

12 Months Ended

Dec. 31, 2024

Real Estate [Abstract]

Schedule of Real Estate

Real estate consisted of the following as of December 31:

($ in thousands)	2024		2023
Real estate development
Mountain Village	$	158,348	$	155,168
Centennial	124,136		119,788
Grapevine	42,456		40,716
Tejon Ranch Commerce Center
- Commercial	23,724		17,612
- Residential	29,241		3,973
Total Tejon Ranch Commerce Center	52,965		21,585
Real estate development	$	377,905	$	337,257
Real estate and improvements - held for lease, net
Tejon Ranch Commerce Center	$	20,596	$	20,606
Real estate and improvements - held for lease, net	20,596		20,606
Less accumulated depreciation	(4,343)		(3,997)
Real estate and improvements - held for lease, net	$	16,253	$	16,609