Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Current Assets:
Cash and cash equivalents	$ 5,638	$ 9,031
Marketable securities - available-for-sale	42,140	55,436
Accounts receivable	8,506	7,108
Inventories	4,098	3,510
Prepaid expenses and other current assets	4,456	7,707
Deferred tax assets	1,089	452
Total current assets	65,927	83,244
Property and equipment - net of depreciation (includes $77,131 at December 31, 2014 and $74,726 at December 31, 2013, attributable to Centennial Founders LLC, Note 17)	282,974	146,542
Investments in unconsolidated joint ventures	32,604	62,604
Long-term water assets	45,349	46,754
Long-term deferred tax assets	3,487	1,592
Other assets	1,774	2,143
TOTAL ASSETS	432,115	342,879
Current Liabilities:
Trade accounts payable	3,347	5,028
Accrued liabilities and other	2,774	2,647
Income taxes payable	1,703	0
Deferred income	1,164	865
Revolving line of credit	6,850	0
Current maturities of long term debt	244	234
Total current liabilities	16,082	8,774
Long-term debt, less current portion	74,215	4,459
Long-term deferred gains	3,683	2,248
Other liabilities	13,802	7,211
Total liabilities	107,782	22,692
Commitments and contingencies
Tejon Ranch Co. Stockholders’ Equity
Common stock, $.50 par value per share: Authorized shares - 30,000,000, Issued and outstanding shares - 20,636,478 at December 31, 2014 and 20,563,023 at December 31, 2013	10,318	10,282
Additional paid-in capital	212,763	210,848
Accumulated other comprehensive loss	(6,899)	(3,333)
Retained earnings	68,439	62,785
Total Tejon Ranch Co. Stockholders’ Equity	284,621	280,582
Non-controlling interest	39,712	39,605
Total equity	324,333	320,187
TOTAL LIABILITIES AND EQUITY	$ 432,115	$ 342,879