REAL ESTATE (Tables)

12 Months Ended

Dec. 31, 2023

Real Estate [Abstract]

Schedule of Real Estate

Real estate consisted of the following as of December 31:

($ in thousands)	2023		2022
Real estate development
Mountain Village	$	155,168	$	153,156
Centennial	119,788		115,221
Grapevine	40,716		39,273
Tejon Ranch Commerce Center	21,585		13,643
Real estate development	337,257		321,293
Real estate and improvements - held for lease, net
Tejon Ranch Commerce Center	20,606		20,590
Real estate and improvements - held for lease, net	20,606		20,590
Less accumulated depreciation	(3,997)		(3,650)
Real estate and improvements - held for lease, net	$	16,609	$	16,940