CONSOLIDATED BALANCE SHEETS (USD $) In Thousands	Sep. 30, 2011	Dec. 31, 2010
Current Assets:
Cash and cash equivalents	$ 16,143	$ 22,027
Marketable securities - available-for-sale	67,527	48,985
Accounts receivable	8,971	9,812
Inventories	5,267	2,982
Prepaid expenses and other current assets	3,361	5,011
Total current assets	101,269	88,817
Property and equipment - net of depreciation	125,211	117,275
Investments in unconsolidated joint ventures	51,321	48,302
Long-term water assets	28,695	28,774
Long-term deferred tax assets	4,307	3,985
Other assets	893	938
TOTAL ASSETS	311,696	288,091
Current Liabilities:
Trade accounts payable	3,030	2,187
Other accrued liabilities	1,847	1,334
Income taxes payable	2,072
Deferred income	2,144	601
Current portion of long-term debt	36	35
Total current liabilities	9,129	4,157
Long-term debt, less current portion	262	290
Long-term deferred gains	2,248	2,277
Other liabilities	3,534	3,196
Pension liability	1,251	1,519
Total liabilities	16,424	11,439
Commitments and contingencies
Tejon Ranch Co. Stockholders' Equity
Common stock, $.50 par value per share: Authorized shares - 30,000,000 Issued and outstanding shares -19,973,926 at September 30, 2011 and 19,747,470 at December 31, 2010	9,987	9,874
Additional paid-in capital	191,979	183,816
Accumulated other comprehensive loss	(2,426)	(2,191)
Retained earnings	55,871	45,215
Total Tejon Ranch Co. Stockholders' Equity	255,411	236,714
Non-controlling interest	39,861	39,938
Total equity	295,272	276,652
TOTAL LIABILITIES AND EQUITY	$ 311,696	$ 288,091