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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Current assets:    
Cash and cash equivalents $ 18,372 $ 22,027
Marketable securities 68,566 48,985
Accounts receivable 7,832 9,812
Inventories 3,587 2,982
Prepaid expenses and other current assets 4,317 5,011
Deferred tax assets 1,099  
Total current assets 103,773 88,817
Property and equipment, net 128,430 117,275
Investments in unconsolidated joint ventures 53,893 48,302
Long-term water assets 28,336 28,774
Long-term deferred tax assets 6,845 3,985
Other assets 699 938
Total assets 321,976 288,091
Current liabilities:    
Trade accounts payable 2,447 2,187
Other accrued liabilities 3,074 1,334
Income taxes 2,484  
Deferred income 2,125 601
Current portion of long-term debt 37 35
Total current liabilities 10,167 4,157
Long-term debt, less current portion 253 290
Long-term deferred gains 2,664 2,277
Other liabilities 5,474 3,196
Pension liability 2,979 1,519
Commitments and contingencies      
Tejon Ranch Co. stockholders' equity    
Common stock, $.50 par value per share: Authorized shares - 30,000,000 Issued and outstanding shares - 19,975,706 in 2011 and 19,747,470 in 2010 9,988 9,874
Additional paid-in capital 194,273 183,816
Accumulated other comprehensive loss (4,756) (2,191)
Retained Earnings 61,109 45,215
Tejon Ranch Co.'s stockholders' equity 260,614 236,714
Noncontrolling interest 39,825 39,938
Total equity 300,439 276,652
Total liabilities and equity $ 321,976 $ 288,091