You better be older than 18!!
The term typically refers to pornographic art, anime or otherwise, of females aged between 12 and 16, and also to those people attracted to such girls. However, real child pornography is sometimes called lolicon. Art of underaged girls is legal in most countries, which explains the popularity of lolicon. Despite the fact that the age bracket is technically outside the realm of pedophilia, lolicon is frowned upon, especially in the west.