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Real Estate and Tangible Water Assets (Tables)
6 Months Ended
Jun. 30, 2015
Real Estate [Abstract]  
Components of Real Estate and Water Assets
The costs assigned to the various components of real estate and tangible water assets were as follows (in thousands):
 
June 30, 2015
 
December 31, 2014
Real estate and improvements held and used, net of accumulated depreciation of $11,338 and $10,899 at June 30, 2015 and December 31, 2014, respectively
$
10,134

 
$
10,574

Residential real estate and home construction inventories
350,617

 
322,938

Other real estate inventories completed or under development
10,034

 
10,308

Tangible water assets
42,525

 
42,530

Total real estate and tangible water assets
$
413,310

 
$
386,350