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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Current Assets:    
Cash and cash equivalents $ 5,749 $ 18,372
Marketable securities - available-for-sale 69,035 68,566
Accounts receivable 3,220 7,832
Inventories 8,012 3,587
Prepaid expenses and other current assets 4,678 4,317
Deferred tax assets 989 1,099
Total current assets 91,683 103,773
Property and equipment - net of depreciation (includes $69,686 attributable to Centennial Founders LLC, Note E) 135,965 128,430
Investments in unconsolidated joint ventures 55,112 53,893
Long-term water assets 28,797 28,336
Long-term deferred tax assets 6,847 6,845
Other assets 1,696 699
TOTAL ASSETS 320,100 321,976
Current Liabilities:    
Trade accounts payable 3,495 2,447
Other accrued liabilities 1,595 3,074
Income taxes payable   2,484
Deferred income 1,451 2,125
Current portion of long-term debt 39 37
Total current liabilities 6,580 10,167
Long-term debt, less current portion 232 253
Long-term deferred gains 2,248 2,664
Other liabilities 5,699 5,474
Pension liability 2,719 2,979
Total liabilities 17,478 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 - 20,071,346 at June 30, 2012 and 19,975,706 at December 31, 2011 10,036 9,988
Additional paid-in capital 195,903 194,273
Accumulated other comprehensive loss (4,594) (4,756)
Retained earnings 61,502 61,109
Total Tejon Ranch Co. Stockholders' Equity 262,847 260,614
Non-controlling interest 39,775 39,825
Total equity 302,622 300,439
TOTAL LIABILITIES AND EQUITY $ 320,100 $ 321,976