Condensed Consolidated Balance Sheets - Unaudited - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Assets
Cash and cash equivalents	$ 52,827	$ 19,611
Investments ($22,853 and $25,071 measured at fair value at March 31, 2017 and December 31, 2016, respectively)	24,166	26,383
Real estate and tangible water assets, net	45,170	57,691
Intangible assets	126,759	126,796
Other assets	3,794	4,624
Assets held-for-sale	435,567	440,689
Total assets	688,283	675,794
Liabilities and equity
Deferred compensation	27,240	27,322
Severance payable and other liabilities	12,966	12,322
Accounts payable and accrued expenses	1,063	1,015
Liabilities held-for-sale	213,697	207,566
Total liabilities	254,966	248,225
Commitments and contingencies
Common stock, $0.001 par value; authorized 100,000 shares, 23,137 issued and 23,081 outstanding at March 31, 2017, and 23,125 issued and 23,070 outstanding at December 31, 2016	23	23
Additional paid-in capital	495,311	495,468
Accumulated deficit	(168,588)	(173,231)
Accumulated other comprehensive income	6,087	6,661
Treasury stock, at cost (common shares: 55 at March 31, 2017 and December 31, 2016, respectively)	(927)	(927)
Total PICO Holdings, Inc. shareholders’ equity	331,906	327,994
Noncontrolling interest in subsidiaries	101,411	99,575
Total equity	433,317	427,569
Total liabilities and equity	$ 688,283	$ 675,794