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REAL ESTATE (Details) - USD ($) $ in Thousands | Jun. 30, 2026 | Dec. 31, 2025
--- | --- | ---
Property, Plant, and Equipment [Line Items] |  |
Real estate development | $ 360,470 | $ 356,567
Real estate and improvements - held for lease, gross | 85,079 | 84,814
Real estate and improvements - held for lease, net | 78,247 | 79,177
Mountain Village |  |
Property, Plant, and Equipment [Line Items] |  |
Real estate development | 162,541 | 161,388
Centennial |  |
Property, Plant, and Equipment [Line Items] |  |
Real estate development | 130,824 | 128,549
Grapevine |  |
Property, Plant, and Equipment [Line Items] |  |
Real estate development | 47,584 | 45,801
Tejon Ranch Commerce Center - Commercial |  |
Property, Plant, and Equipment [Line Items] |  |
Real estate development | 19,521 | 20,829
Real estate and improvements - held for lease, gross | 20,870 | 20,644
Less accumulated depreciation | (4,839) | (4,677)
Tejon Ranch Commerce Center - Multifamily |  |
Property, Plant, and Equipment [Line Items] |  |
Real estate and improvements - held for lease, gross | 64,209 | 64,170
Less accumulated depreciation | $ (1,993) | $ (960)

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- Definition Carrying amount as of the balance sheet date, net of valuation allowances and impairment losses, of costs of land expected to be developed in the near term plus capitalized costs of development, for purposes of selling completed units to home buyers or commercial or industrial entities. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(6)(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480657/210-10-S50-3 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 970 -SubTopic 360 -Name Accounting Standards Codification -Section 35 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479166/970-360-35-3 + Details
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