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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Current Assets:    
Cash and cash equivalents $ 10,478 $ 7,219
Marketable securities - available-for-sale 64,916 65,049
Accounts receivable 4,297 8,768
Inventories 9,586 3,839
Prepaid expenses and other current assets 4,084 4,881
Deferred tax assets 1,178 997
Total current assets 94,539 90,753
Property and equipment - net of depreciation (includes $73,833 at June 30, 2013 and $72,115 at December 31, 2012, attributable to Centennial Founders LLC, Note 12) 140,013 146,590
Investments in unconsolidated joint ventures 59,235 54,022
Long-term water assets 28,648 28,565
Long-term deferred tax assets 5,376 5,376
Other assets 2,062 2,550
TOTAL ASSETS 329,873 327,856
Current Liabilities:    
Trade accounts payable 3,316 3,845
Accrued liabilities and other 3,282 2,132
Income taxes payable 101 0
Deferred income 754 1,195
Current portion of long-term debt 42 41
Total current liabilities 7,495 7,213
Long-term debt, less current portion 191 212
Long-term deferred gains 2,248 2,248
Other liabilities 7,220 6,508
Pension liability 3,092 3,416
Total liabilities 20,246 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 - 20,136,286 at June 30, 2013 and 20,085,865 at December 31, 2012 10,068 10,043
Additional paid-in capital 197,098 198,117
Accumulated other comprehensive loss (5,389) (5,118)
Retained earnings 68,249 65,550
Total Tejon Ranch Co. Stockholders’ Equity 270,026 268,592
Non-controlling interest 39,601 39,667
Total equity 309,627 308,259
TOTAL LIABILITIES AND EQUITY $ 329,873 $ 327,856