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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 343,809 $ 296,151
Customer receivables, net 22,813 31,028
Inventories, net 67,958 72,369
Other current assets 36,955 21,630
Total current assets 471,535 421,178
Property, plant and equipment, net 318,184 292,320
Investment in real estate held for development and sale 55,490 65,604
Timber and timberlands, net 2,508,372 1,682,671
Intangible assets, net 17,420 15,491
Other long-term assets 179,554 57,951
Total assets 3,550,555 2,535,215
Current liabilities:    
Accounts payable and accrued liabilities 94,861 78,209
Current portion of long-term debt 39,979 42,977
Current portion of pension and other postretirement employee benefits 4,926 4,993
Total current liabilities 139,766 126,179
Long-term debt 992,701 715,279
Pension and other postretirement employee benefits 77,396 83,674
Deferred tax liabilities, net 41,790 34,874
Other long-term obligations 35,749 49,076
Total liabilities 1,287,402 1,009,082
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, authorized 4,000 shares, no shares issued 0 0
Common stock, $1 par value, authorized 100,000 shares, issued 79,683 and 69,064 shares 79,683 69,064
Additional paid-in capital 2,294,797 1,781,217
Accumulated deficit (208,979) (280,910)
Accumulated other comprehensive income (loss) 97,652 (43,238)
Total stockholders’ equity 2,263,153 1,526,133
Total liabilities and stockholders' equity $ 3,550,555 $ 2,535,215