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Pay vs Performance Disclosure - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table

Year

Summary Compensation Table Total for First PEO¹
($)

Summary Compensation Table Total for Second PEO1 
($)

Compensation Actually Paid to First PEO1,2,3
($)

Compensation Actually Paid to Second PEO1,2,3
($)

Average Summary Compensation Table Total for Non-PEO NEOs1
($)

Average Compensation Actually Paid to Non-PEO NEOs¹˒²˒³
($)

Value of Initial Fixed $100 Investment based on:4

Net Income
($)*

FFO ($)*,⁵

TSR
($)

Peer Group TSR
($)

2024

6,304,045

1,888,569

1,460,561

630,158

117.95

123.25

22

223

2023

6,508,953

5,989,879

1,215,964

813,185

141.08

113.35

62

188

2022

5,532,534

3,702,409

1,490,192

1,057,653

121.92

99.67

334

468

2021

5,690,852

6,965,292

1,479,821

1,625,874

157.12

131.78

424

528

2020

6,838,249

9,713,519

1,735,782

2,345,324

119.30

92.00

167

302

* Dollars in millions.

 

1. Michael J. Covey was our PEO for 2020 (“First PEO”). Eric J. Cremers was our PEO for 2021, 2022, 2023, and 2024 (“Second PEO”). The individuals comprising the Non-PEO NEOs for each year presented are listed below.

2020

2021

2022

2023

2024

Jerald W. Richards

Jerald W. Richards

Jerald W. Richards

Jerald W. Richards

Wayne Wasechek

 Eric J. Cremers

Ashlee Townsend Cribb

Ashlee Townsend Cribb

Wayne Wasechek

Ashlee Townsend Cribb

Thomas J. Temple

Thomas J. Temple

Michele L. Tyler

Ashlee Townsend Cribb

Michele L. Tyler

Michele L. Tyler

Michele L. Tyler

Darin R. Ball

Michele L. Tyler

William R. DeReu

Darin R. Ball

Darin R. Ball

2. The amounts shown for Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually earned, realized, or received by the company’s NEOs during the applicable year. These amounts reflect the Summary Compensation Table Total with certain adjustments as described in footnote 3 below.

3. Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEOs and the Non-PEO NEOs as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Stock Awards column are the amounts from the Stock Awards column set forth in the Summary Compensation Table. Amounts in the Exclusion of Change in Pension Value column reflect the amounts attributable to the Change in Pension Value reported in the Summary Compensation Table. Amounts in the Inclusion of Pension Service Cost are based on the service cost for services rendered during the listed year.

Year

Summary Compensation Table Total for

Eric J. Cremers
($)

Exclusion of Change in Pension Value for

Eric J. Cremers
($)

Exclusion of Stock Awards for

Eric J. Cremers
($)

Inclusion of Pension Service Cost for

Eric J. Cremers
($)

Inclusion of Equity Values for

Eric J. Cremers
($)

Compensation Actually Paid to Eric J. Cremers
($)

2024

6,304,045

(955,478)

(3,202,475)

346,733

(604,256)

1,888,569

Year

Average Summary Compensation Table Total for Non-PEO NEOs
($)

Average Exclusion of Change in Pension Value for Non-PEO NEOs
($)

Average Exclusion of Stock Awards for Non-PEO NEOs
($)

Average Inclusion of Pension Service Cost for Non-PEO NEOs
($)

Average Inclusion of Equity Values for Non-PEO NEOs
($)

Average Compensation Actually Paid to Non-PEO NEOs
($)

2024

1,460,561

(48,971)

(757,870)

18,895

(42,458)

630,158

The amounts in the Inclusion of Equity Values in the tables above are derived from the amounts set forth in the following tables:

Year

Year-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year for Eric J. Cremers
($)

Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards for Eric J. Cremers
($)

Vesting-Date Fair Value of Equity Awards Granted During Year that Vested During Year for Eric J. Cremers
($)

Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year for Eric J. Cremers
($)

Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year for Eric J. Cremers
($)

Value of Dividends or Other Earnings Paid on Stock or Option Awards Not Otherwise Included for Eric J. Cremers
($)

Total - Inclusion of
Equity Values for Eric J. Cremers
($)

2024

2,043,090

(1,505,980)

(1,141,366)

(604,256)

Year

Average Year-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year for Non-PEO NEOs
($)

Average Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards for Non-PEO NEOs
($)

Average Vesting-Date Fair Value of Equity Awards Granted During Year that Vested During Year for Non-PEO NEOs
($)

Average Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year for Non-PEO NEOs
($)

Average Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year for Non-PEO NEOs
($)

Average Value of Dividends or Other Earnings Paid on Stock or Option Awards Not Otherwise Included for Non-PEO NEOs
($)

Total - Average Inclusion of
Equity Values for Non-PEO NEOs
($)

2024

483,500

(289,531)

(236,427)

(42,458)

4. The Peer Group TSR set forth in this table utilizes the NAREIT Equity Index, which we also utilize in the stock performance graph required by Item 201(e) of Regulation S-K included in our Annual Report for the year ended December 31, 2024. The comparison assumes $100 was invested for the period starting December 31, 2019, through the end of the listed year in the company and in the NAREIT Equity Index, respectively. Historical stock performance is not necessarily indicative of future stock performance.

5. We determined Funds from Operations or FFO, to be the most important financial performance measure used to link company performance to Compensation Actually Paid to our PEO and Non-PEO NEOs in 2024. FFO is a non-GAAP financial measure that is defined and reconciled to net income in the Compensation Discussion and Analysis, under the heading “2024 Annual Cash Incentive Awards” on page 33.

       
Company Selected Measure Name FFO        
Named Executive Officers, Footnote Michael J. Covey was our PEO for 2020 (“First PEO”). Eric J. Cremers was our PEO for 2021, 2022, 2023, and 2024 (“Second PEO”). The individuals comprising the Non-PEO NEOs for each year presented are listed below.

2020

2021

2022

2023

2024

Jerald W. Richards

Jerald W. Richards

Jerald W. Richards

Jerald W. Richards

Wayne Wasechek

 Eric J. Cremers

Ashlee Townsend Cribb

Ashlee Townsend Cribb

Wayne Wasechek

Ashlee Townsend Cribb

Thomas J. Temple

Thomas J. Temple

Michele L. Tyler

Ashlee Townsend Cribb

Michele L. Tyler

Michele L. Tyler

Michele L. Tyler

Darin R. Ball

Michele L. Tyler

William R. DeReu

Darin R. Ball

Darin R. Ball

       
Peer Group Issuers, Footnote The Peer Group TSR set forth in this table utilizes the NAREIT Equity Index, which we also utilize in the stock performance graph required by Item 201(e) of Regulation S-K included in our Annual Report for the year ended December 31, 2024. The comparison assumes $100 was invested for the period starting December 31, 2019, through the end of the listed year in the company and in the NAREIT Equity Index, respectively. Historical stock performance is not necessarily indicative of future stock performance.        
Adjustment To PEO Compensation, Footnote Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEOs and the Non-PEO NEOs as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Stock Awards column are the amounts from the Stock Awards column set forth in the Summary Compensation Table. Amounts in the Exclusion of Change in Pension Value column reflect the amounts attributable to the Change in Pension Value reported in the Summary Compensation Table. Amounts in the Inclusion of Pension Service Cost are based on the service cost for services rendered during the listed year.

Year

Summary Compensation Table Total for

Eric J. Cremers
($)

Exclusion of Change in Pension Value for

Eric J. Cremers
($)

Exclusion of Stock Awards for

Eric J. Cremers
($)

Inclusion of Pension Service Cost for

Eric J. Cremers
($)

Inclusion of Equity Values for

Eric J. Cremers
($)

Compensation Actually Paid to Eric J. Cremers
($)

2024

6,304,045

(955,478)

(3,202,475)

346,733

(604,256)

1,888,569

Year

Year-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year for Eric J. Cremers
($)

Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards for Eric J. Cremers
($)

Vesting-Date Fair Value of Equity Awards Granted During Year that Vested During Year for Eric J. Cremers
($)

Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year for Eric J. Cremers
($)

Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year for Eric J. Cremers
($)

Value of Dividends or Other Earnings Paid on Stock or Option Awards Not Otherwise Included for Eric J. Cremers
($)

Total - Inclusion of
Equity Values for Eric J. Cremers
($)

2024

2,043,090

(1,505,980)

(1,141,366)

(604,256)

       
Non-PEO NEO Average Total Compensation Amount $ 1,460,561 $ 1,215,964 $ 1,490,192 $ 1,479,821 $ 1,735,782
Non-PEO NEO Average Compensation Actually Paid Amount $ 630,158 813,185 1,057,653 1,625,874 2,345,324
Adjustment to Non-PEO NEO Compensation Footnote Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEOs and the Non-PEO NEOs as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Stock Awards column are the amounts from the Stock Awards column set forth in the Summary Compensation Table. Amounts in the Exclusion of Change in Pension Value column reflect the amounts attributable to the Change in Pension Value reported in the Summary Compensation Table. Amounts in the Inclusion of Pension Service Cost are based on the service cost for services rendered during the listed year.

Year

Average Summary Compensation Table Total for Non-PEO NEOs
($)

Average Exclusion of Change in Pension Value for Non-PEO NEOs
($)

Average Exclusion of Stock Awards for Non-PEO NEOs
($)

Average Inclusion of Pension Service Cost for Non-PEO NEOs
($)

Average Inclusion of Equity Values for Non-PEO NEOs
($)

Average Compensation Actually Paid to Non-PEO NEOs
($)

2024

1,460,561

(48,971)

(757,870)

18,895

(42,458)

630,158

Year

Average Year-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year for Non-PEO NEOs
($)

Average Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards for Non-PEO NEOs
($)

Average Vesting-Date Fair Value of Equity Awards Granted During Year that Vested During Year for Non-PEO NEOs
($)

Average Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year for Non-PEO NEOs
($)

Average Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year for Non-PEO NEOs
($)

Average Value of Dividends or Other Earnings Paid on Stock or Option Awards Not Otherwise Included for Non-PEO NEOs
($)

Total - Average Inclusion of
Equity Values for Non-PEO NEOs
($)

2024

483,500

(289,531)

(236,427)

(42,458)

       
Compensation Actually Paid vs. Total Shareholder Return

Relationship Between PEO and Non-PEO NEO Compensation Actually Paid and Company and Peer Group Total Shareholder Return (“TSR”)

The following chart sets forth the relationship between Compensation Actually Paid to our PEOs, the average of Compensation Actually Paid to our Non-PEO NEOs, the Company’s cumulative TSR over the five most recently completed fiscal years, and the NAREIT Equity Index over the same period.

 

img226530816_6.jpg

       
Compensation Actually Paid vs. Net Income

Relationship Between PEO and Non-PEO NEO Compensation Actually Paid and Net Income

The following chart sets forth the relationship between Compensation Actually Paid to our PEOs, the average of Compensation Actually Paid to our Non-PEO NEOs, and our Net Income during the five most recently completed fiscal years.

 

img226530816_7.jpg

       
Compensation Actually Paid vs. Company Selected Measure

Relationship Between PEO and Non-PEO NEO Compensation Actually Paid and FFO

The following chart sets forth the relationship between Compensation Actually Paid to our PEOs, the average of Compensation Actually Paid to our Non-PEO NEOs, and our Funds from Operations during the five most recently completed fiscal years.

img226530816_8.jpg

       
Tabular List, Table

Tabular List of Most Important Financial Performance Measures

The following table presents the financial performance measures that the company considers to have been the most important in linking Compensation Actually Paid to our PEO and other NEOs for 2024 to company performance. We break out this table into a separate list for our PEO and for each of our NEOs for 2024. The measures in this table are not ranked.

Eric J. Cremers

Wayne Wasechek

Ashlee Townsend Cribb

Michele L. Tyler

William R. DeReu

FFO

FFO

FFO

FFO

FFO

TSR

TSR

TSR

TSR

TSR

-

-

EBITDDA

-

EBITDDA

       
Total Shareholder Return Amount $ 117.95 141.08 121.92 157.12 119.3
Peer Group Total Shareholder Return Amount 123.25 113.35 99.67 131.78 92
Net Income (Loss) $ 22,000,000 $ 62,000,000 $ 334,000,000 $ 424,000,000 $ 167,000,000
Company Selected Measure Amount 223,000,000 188,000,000 468,000,000 528,000,000 302,000,000
PEO Name Eric J. Cremers Eric J. Cremers Eric J. Cremers Eric J. Cremers Michael J. Covey
Measure:: 1          
Pay vs Performance Disclosure          
Non-GAAP Measure Description We determined Funds from Operations or FFO, to be the most important financial performance measure used to link company performance to Compensation Actually Paid to our PEO and Non-PEO NEOs in 2024. FFO is a non-GAAP financial measure that is defined and reconciled to net income in the Compensation Discussion and Analysis, under the heading “2024 Annual Cash Incentive Awards” on page 33.        
Michael J. Covey [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount         $ 6,838,249
PEO Actually Paid Compensation Amount         $ 9,713,519
Eric J. Cremers [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount $ 6,304,045 $ 6,508,953 $ 5,532,534 $ 5,690,852  
PEO Actually Paid Compensation Amount $ 1,888,569 $ 5,989,879 $ 3,702,409 $ 6,965,292  
PEO | Measure:: 1          
Pay vs Performance Disclosure          
Name FFO        
PEO | Measure:: 2          
Pay vs Performance Disclosure          
Name TSR        
PEO | Eric J. Cremers [Member] | Pension Adjustments Service Cost          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 346,733        
PEO | Eric J. Cremers [Member] | Pension Adjustments Prior Service Cost          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (955,478)        
PEO | Eric J. Cremers [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (3,202,475)        
PEO | Eric J. Cremers [Member] | Equity Awards Adjustments, Excluding Value Reported in Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (604,256)        
PEO | Eric J. Cremers [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 2,043,090        
PEO | Eric J. Cremers [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (1,505,980)        
PEO | Eric J. Cremers [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (1,141,366)        
Non-PEO NEO | Measure:: 1          
Pay vs Performance Disclosure          
Name FFO        
Non-PEO NEO | Measure:: 2          
Pay vs Performance Disclosure          
Name TSR        
Non-PEO NEO | Measure:: 3          
Pay vs Performance Disclosure          
Name EBITDDA        
Non-PEO NEO | Pension Adjustments Service Cost          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 18,895        
Non-PEO NEO | Pension Adjustments Prior Service Cost          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (48,971)        
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (757,870)        
Non-PEO NEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (42,458)        
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 483,500        
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (289,531)        
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (236,427)