XML 42 R12.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Real Estate | 12 Months Ended
--- | ---
Dec. 31, 2017
Real Estate [Abstract] |
Real Estate | REAL ESTATE Real estate consists of the following at December 31:
($ in thousands) |  | 2017 |  | 2016
Real estate development |  |  |  |
Mountain Village |  | $ | 132,034 |  |  | $ | 126,096 |
Centennial |  | 94,271 |  |  | 89,381 |
Grapevine |  | 28,139 |  |  | 23,917 |
Tejon Ranch Commerce Center |  | 12,892 |  |  | 8,871 |
Real estate development |  | 267,336 |  |  | 248,265 |
Real estate and improvements - held for lease, net |  |  |  |
Tejon Ranch Commerce Center |  | 21,123 |  |  | 21,643 |
Real estate and improvements - held for lease |  | 21,123 |  |  | 21,643 |
Less accumulated depreciation |  | (2,008 | ) |  | (1,617 | )
Real estate and improvements - held for lease, net |  | $ | 19,115 |  |  | $ | 20,026 |
In January 2016, we completed construction of a multi-tenant commercial building located at TRCC-East. The multi-tenant building has a gross leasable area of 4,645 and is leased to Baja Fresh and Habit Burger. In October 2016, we sold unimproved real property located at TRCC-East for $1,193,000 at a gain of $1,437,000. In November 2016, we sold a building and land located in Rancho Santa Fe California for $4,700,000, recognizing a gain of $1,044,000.

X
- References No definition available. + Details
Name: | us-gaap_RealEstateAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for certain real estate investment financial statements, real estate investment trust operating support agreements, real estate owned, retail land sales, time share transactions, as well as other real estate related disclosures. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 970 -URI http://asc.fasb.org/topic&trid=2156125 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 972 -URI http://asc.fasb.org/topic&trid=2134617 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 978 -URI http://asc.fasb.org/topic&trid=2134977 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 974 -URI http://asc.fasb.org/topic&trid=2156429 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 976 -URI http://asc.fasb.org/topic&trid=2134846 + Details
Name: | us-gaap_RealEstateDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration