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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Current Assets:    
Cash and cash equivalents $ 7,219 $ 18,372
Marketable securities - available-for-sale 65,049 68,566
Accounts receivable 8,768 7,832
Inventories 3,839 3,587
Prepaid expenses and other current assets 4,881 4,317
Deferred Tax Assets, Net, Current 997 1,099
Total current assets 90,753 103,773
Property and equipment - net of depreciation (includes $72,115 at December 31, 2012 and $67,442 at December 31, 2011, attributable to Centennial Founders LLC, Note 16) 146,590 128,430
Investments in unconsolidated joint ventures 54,022 53,893
Long-term water assets 28,565 28,336
Deferred Tax Assets, Net, Noncurrent 5,376 6,845
Other assets 2,550 699
TOTAL ASSETS 327,856 321,976
Current Liabilities:    
Trade accounts payable 3,845 3,496
Other accrued liabilities 2,132 2,025
Income taxes payable 0 2,484
Deferred income 1,195 2,125
Current portion of long-term debt 41 37
Total current liabilities 7,213 10,167
Long-term debt, less current portion 212 253
Long-term deferred gains 2,248 2,664
Other liabilities 6,508 5,474
Pension liability 3,416 2,979
Total liabilities 19,597 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 - 20,085,865 at December 31, 2012 and 19,975,706 at December 31, 2011 10,043 9,988
Additional paid-in capital 198,117 194,273
Accumulated other comprehensive loss (5,118) (4,756)
Retained earnings 65,550 61,109
Total Tejon Ranch Co. Stockholders’ Equity 268,592 260,614
Non-controlling interest 39,667 39,825
Total equity 308,259 300,439
TOTAL LIABILITIES AND EQUITY $ 327,856 $ 321,976