| Fixed maturities |
| Equity securities |
| Total available-for-sale investments |
| Other Investments |
| Total investments |
28.35M |
| Cash and cash equivalents |
37.95M |
| Notes and other receivables, net |
| Reinsurance receivables |
| Real estate and water assets, net |
439.4M |
| Property and equipment, net |
| Net deferred income taxes |
| Other assets |
17M |
| Total assets |
660.52M |
| Reserves for unpaid losses and loss adjustment expenses |
| Debt |
157.79M |
| Deferred compensation |
26.74M |
| Other liabilities |
13.19M |
| Total liabilities |
235.18M |
| Commitments and Contingencies |
0 |
| Common stock, $.001 par value; authorized 100,000 shares, 27,122 issued and 22,705 outstanding at June 30, 2011, and 27,117 issued and 22,700 outstanding at December 31, 2010 |
23K |
| Additional paid-in capital |
493.74M |
| Retained earnings |
-164.47M |
| Accumulated other comprehensive income |
6.5M |
| Treasury stock, at cost (common shares: 4,417 in 2011 and in 2010) |
-927K |
| Total PICO Holdings, Inc. shareholders' equity |
334.88M |
| Noncontrolling interest in subsidiaries |
90.47M |
| Total shareholders' equity |
425.34M |
| Total liabilities and shareholders' equity |
660.52M |
