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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 302,799 $ 343,809
Customer receivables, net 30,762 22,813
Inventories, net 82,537 67,958
Other current assets 56,606 36,955
Total current assets 472,704 471,535
Property, plant and equipment, net 334,350 318,184
Investment in real estate held for development and sale 55,928 55,490
Timber and timberlands, net 2,459,508 2,508,372
Intangible assets, net 16,085 17,420
Other long-term assets 209,703 179,554
Total assets 3,548,278 3,550,555
Current liabilities:    
Accounts payable and accrued liabilities 115,334 94,861
Current portion of long-term debt 39,996 39,979
Current portion of pension and other postretirement employee benefits 4,926 4,926
Total current liabilities 160,256 139,766
Long-term debt 993,562 992,701
Pension and other postretirement employee benefits 80,581 77,396
Deferred tax liabilities, net 38,419 41,790
Other long-term obligations 36,363 35,749
Total liabilities 1,309,181 1,287,402
Commitments and contingencies
Stockholders' equity:    
Preferred stock, authorized 4,000 shares, no shares issued
Common stock, $1 par value, 200,000 and 100,000 shares authorized, and 79,628 and 79,683 shares issued and outstanding 79,628 79,683
Additional paid-in capital 2,301,301 2,294,797
Accumulated deficit (267,725) (208,979)
Accumulated other comprehensive income 125,893 97,652
Total stockholders’ equity 2,239,097 2,263,153
Total liabilities and stockholders' equity $ 3,548,278 $ 3,550,555