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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 180,150 $ 230,118
Customer receivables, net 27,132 21,892
Inventories, net 77,572 78,665
Other current assets 84,844 46,258
Total current assets 369,698 376,933
Property, plant and equipment, net 375,891 372,832
Investment in real estate held for development and sale 55,524 56,321
Timber and timberlands, net 2,415,818 2,440,398
Intangible assets, net 15,196 15,640
Other long-term assets 176,812 169,132
Total assets 3,408,939 3,431,256
Current liabilities:    
Accounts payable and accrued liabilities 80,697 82,383
Current portion of long-term debt 175,654 175,615
Current portion of pension and other postretirement employee benefits 4,535 4,535
Total current liabilities 260,886 262,533
Long-term debt 858,365 858,113
Pension and other postretirement employee benefits 68,391 67,856
Deferred tax liabilities, net 32,546 36,641
Other long-term obligations 35,479 35,015
Total liabilities 1,255,667 1,260,158
Commitments and contingencies
Stockholders' equity:    
Preferred stock, authorized 4,000 shares, no shares issued 0 0
Common stock, $1 par value, 200,000 shares authorized, 79,508 and 79,365 shares issued and outstanding 79,508 79,365
Additional paid-in capital 2,306,499 2,303,992
Accumulated deficit (351,463) (315,291)
Accumulated other comprehensive income 118,728 103,032
Total stockholders’ equity 2,153,272 2,171,098
Total liabilities and stockholders' equity $ 3,408,939 $ 3,431,256