CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Assets
Cash and cash equivalents	$ 37,128	$ 19,611
Investments ($1,902 and $25,071 measured at fair value at December 31, 2017 and 2016, respectively)	3,214	26,383
Tangible water assets and real estate, net	44,675	57,691
Intangible assets	126,785	126,796
Other assets	2,600	4,624
Assets held-for-sale		440,689
Total assets	214,402	675,794
Liabilities and shareholders’ equity
Deferred compensation	4,112	27,322
Other liabilities	2,431	12,322
Accounts payable and accrued expenses	696	1,015
Liabilities held-for-sale		207,566
Total liabilities	7,239	248,225
Commitments and contingencies
Preferred stock, $0.001 par value; authorized 10,000 shares, none issued
Common stock, $0.001 par value; authorized 100,000 shares, 23,153 issued and 23,152 outstanding at December 31, 2017, and 23,125 issued and 23,070 outstanding at December 31, 2016	23	23
Additional paid-in capital	379,388	495,468
Accumulated deficit	(172,767)	(173,231)
Accumulated other comprehensive income	544	6,661
Treasury stock, at cost (common shares: 1 and 55 at December 31, 2017 and December 31, 2016, respectively)	(25)	(927)
Total PICO Holdings, Inc. shareholders’ equity	207,163	327,994
Noncontrolling interest in subsidiaries		99,575
Total equity	207,163	427,569
Total liabilities and equity	$ 214,402	$ 675,794