Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Sep. 30, 2012	Dec. 31, 2011
Current Assets:
Cash and cash equivalents	$ 7,208	$ 18,372
Marketable securities - available-for-sale	67,836	68,566
Accounts receivable	11,223	7,832
Inventories	6,178	3,587
Prepaid expenses and other current assets	4,187	4,317
Deferred tax assets	906	1,099
Total current assets	97,538	103,773
Property and equipment, net of depreciation (includes $71,258 at September 30, 2012 and $66,412 at December 31, 2011, attributable to Centennial Founders LLC, Note E)	140,086	128,430
Investments in unconsolidated joint ventures	52,885	53,893
Long-term water assets	28,714	28,336
Long-term deferred tax assets	6,839	6,845
Other assets	1,684	699
TOTAL ASSETS	327,746	321,976
Current Liabilities:
Trade accounts payable	4,273	2,447
Other accrued liabilities	2,336	3,074
Income taxes payable	1,180	2,484
Deferred income	1,644	2,125
Current portion of long-term debt	39	37
Total current liabilities	9,472	10,167
Long-term debt, less current portion	223	253
Long-term deferred gains	2,248	2,664
Other liabilities	5,812	5,474
Pension liability	2,606	2,979
Total liabilities	20,361	21,537
Commitments and contingencies
Tejon Ranch Co. Stockholders' Equity
Common stock, $.50 par value per share: Authorized shares - 30,000,000 Issued and outstanding shares - 20,082,157 at September 30, 2012 and 19,975,706 at December 31, 2011	10,037	9,988
Additional paid-in capital	196,577	194,273
Accumulated other comprehensive loss	(4,458)	(4,756)
Retained earnings	65,523	61,109
Total Tejon Ranch Co. Stockholders' Equity	267,679	260,614
Non-controlling interest	39,706	39,825
Total equity	307,385	300,439
TOTAL LIABILITIES AND EQUITY	$ 327,746	$ 321,976