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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 511,157 $ 296,151
Customer receivables, net 43,989 31,028
Inventories, net 64,247 72,369
Other current assets 31,833 21,630
Total current assets 651,226 421,178
Property, plant and equipment, net 314,840 292,320
Investment in real estate held for development and sale 60,143 65,604
Timber and timberlands, net 1,704,256 1,682,671
Intangible assets, net 15,101 15,491
Other long-term assets 126,353 57,951
Total assets 2,871,919 2,535,215
Current liabilities:    
Accounts payable and accrued liabilities 110,184 78,209
Current portion of long-term debt 39,989 42,977
Current portion of pension and other postretirement employee benefits 4,993 4,993
Total current liabilities 155,166 126,179
Long-term debt 715,748 715,279
Pension and other postretirement employee benefits 91,703 83,674
Deferred tax liabilities, net 40,725 34,874
Other long-term obligations 25,026 49,076
Total liabilities 1,028,368 1,009,082
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 69,280 and 69,064 shares 69,280 69,064
Additional paid-in capital 1,785,383 1,781,217
Accumulated deficit (62,074) (280,910)
Accumulated other comprehensive income (loss) 50,962 (43,238)
Total stockholders’ equity 1,843,551 1,526,133
Total liabilities and stockholders' equity $ 2,871,919 $ 2,535,215