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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Current Assets:    
Cash and cash equivalents $ 4,283 $ 7,219
Marketable securities - available-for-sale 65,905 65,049
Accounts receivable 5,486 8,768
Inventories 5,685 3,839
Prepaid expenses and other current assets 4,661 4,881
Deferred tax assets 1,014 997
Total current assets 87,034 90,753
Property and equipment - net of depreciation (includes $72,787 at March 31, 2013 and $72,115 at December 31, 2012, attributable to Centennial Founders LLC, Note 13) 151,781 146,590
Investments in unconsolidated joint ventures 55,331 54,022
Long-term water assets 28,509 28,565
Long-term deferred tax assets 5,376 5,376
Other assets 2,541 2,550
TOTAL ASSETS 330,572 327,856
Current Liabilities:    
Trade accounts payable 3,745 3,845
Accrued liabilities and other 3,769 2,132
Deferred income 1,353 1,195
Current portion of long-term debt 42 41
Total current liabilities 8,909 7,213
Long-term debt, less current portion 202 212
Long-term deferred gains 2,248 2,248
Other liabilities 6,970 6,508
Pension liability 3,254 3,416
Total liabilities 21,583 19,597
Commitments and contingencies      
Tejon Ranch Co. Stockholders' Equity    
Common stock, $.50 par value per share: Authorized shares - 30,000,000 Issued and outstanding shares - 21,131,845 at March 31, 2013 and 20,085,865 at December 31, 2012 10,066 10,043
Additional paid-in capital 198,220 198,117
Accumulated other comprehensive loss (5,144) (5,118)
Retained earnings 66,165 65,550
Total Tejon Ranch Co. Stockholders' Equity 269,307 268,592
Non-controlling interest 39,682 39,667
Total equity 308,989 308,259
TOTAL LIABILITIES AND EQUITY $ 330,572 $ 327,856