Certain Balance Sheet Components (Tables)

3 Months Ended

Mar. 31, 2023

Balance Sheet Related Disclosures [Abstract]

Schedule of Inventories

Inventories

(in thousands)	March 31, 2023			December 31, 2022
Logs	$	24,428		$	30,586
Lumber, panels and veneer		38,526			35,888
Materials and supplies		23,013			21,262
Total inventories		85,967			87,736
Less: LIFO reserve		(19,778	)		(19,778	)
Total inventories, net	$	66,189		$	67,958

Schedule of Property, Plant and Equipment

Property, plant and equipment

(in thousands)	March 31, 2023			December 31, 2022
Property, plant and equipment	$	594,574		$	588,935
Less: accumulated depreciation		(281,783	)		(270,751	)
Total property, plant and equipment, net	$	312,791		$	318,184

Schedule of Timber and Timberlands

Timber and timberlands

(in thousands)	March 31, 2023		December 31, 2022
Timber and timberlands	$	2,397,681	$	2,416,134
Logging roads		91,275		92,238
Total timber and timberlands, net	$	2,488,956	$	2,508,372

Schedule of Accounts Payable and Accrued Liabilities

Accounts payable and accrued liabilities

(in thousands)	March 31, 2023		December 31, 2022
Accrued payroll and benefits	$	15,920	$	29,051
Accounts payable		11,510		12,241
Deferred revenue1		8,606		10,860
Accrued interest		6,603		7,778
Accrued taxes		8,629		7,161
Other current liabilities		27,000		27,770
Total accounts payable and accrued liabilities	$	78,268	$	94,861

1 Deferred revenue predominately relates to hunting and other access rights on our timberlands, payments received for lumber shipments where control of goods has not transferred, member-related activities at an owned country club and certain post-close obligations for real estate sales. These contract liabilities are recognized over the term of the contracts, which is typically twelve months or less, except for country club initiation fees which are recognized over the average life of club membership.