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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 325,632 $ 343,809
Customer receivables, net 29,565 22,813
Inventories, net 66,189 67,958
Other current assets 44,698 36,955
Total current assets 466,084 471,535
Property, plant and equipment, net 312,791 318,184
Investment in real estate held for development and sale 54,945 55,490
Timber and timberlands, net 2,488,956 2,508,372
Intangible assets, net 16,975 17,420
Other long-term assets 160,019 179,554
Total assets 3,499,770 3,550,555
Current liabilities:    
Accounts payable and accrued liabilities 78,268 94,861
Current portion of long-term debt 39,985 39,979
Current portion of pension and other postretirement employee benefits 4,926 4,926
Total current liabilities 123,179 139,766
Long-term debt 992,988 992,701
Pension and other postretirement employee benefits 78,096 77,396
Deferred tax liabilities, net 41,756 41,790
Other long-term obligations 35,488 35,749
Total liabilities 1,271,507 1,287,402
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 79,916 and 79,683 shares 79,916 79,683
Additional paid-in capital 2,296,927 2,294,797
Accumulated deficit (228,766) (208,979)
Accumulated other comprehensive income 80,186 97,652
Total stockholders’ equity 2,228,263 2,263,153
Total liabilities and stockholders' equity $ 3,499,770 $ 3,550,555