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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 592,767 $ 252,340
Customer receivables, net 27,789 26,606
Inventories, net 69,862 62,036
Other current assets 24,460 16,136
Total current assets 714,878 357,118
Property, plant and equipment, net 286,034 288,544
Investment in real estate held for development and sale 65,048 72,355
Timber and timberlands, net 1,572,475 1,600,061
Intangible assets, net 15,685 16,270
Other long-term assets 63,747 46,717
Total assets 2,717,867 2,381,065
Current liabilities:    
Accounts payable and accrued liabilities 87,819 93,279
Current portion of long-term debt 42,996 39,981
Current portion of pension and other postretirement employee benefits 6,574 6,574
Total current liabilities 137,389 139,834
Long-term debt 715,122 717,366
Pension and other postretirement employee benefits 126,154 128,807
Deferred tax liabilities, net 26,247 17,740
Other long-term obligations 52,849 72,365
Total liabilities 1,057,761 1,076,112
Commitments and contingencies
Stockholders' equity:    
Preferred stock, authorized 4,000 shares, no shares issued
Common stock, $1 par value, authorized 100,000 shares, issued and outstanding 67,100 and 66,876 shares 67,100 66,876
Additional paid-in capital 1,679,332 1,674,576
Accumulated deficit (13,561) (315,510)
Accumulated other comprehensive loss (72,765) (120,989)
Total stockholders’ equity 1,660,106 1,304,953
Total liabilities and stockholders' equity $ 2,717,867 $ 2,381,065