Segment Information

9 Months Ended

Sep. 30, 2011

Segment Reporting Information, Additional Information [Abstract]

Segment Information

Segment Information

The following table summarizes information by business segment for the quarters and nine months ended September 30:

	Quarter Ended						Nine Months Ended
	September 30,						September 30,
(Dollars in thousands)	2011			2010			2011			2010
Segment Revenues
Resource	$	86,770		$	77,448		$	172,587		$	172,716
Real Estate	14,809			32,254			46,808			46,157
Wood Products	69,239			64,897			204,343			209,832
	170,818			174,599			423,738			428,705
Elimination of intersegment revenues - Resource	(17,927		)	(15,722		)	(36,244		)	(35,432		)
Total consolidated revenues	$	152,891		$	158,877		$	387,494		$	393,273
Operating Income
Resource	$	25,598		$	24,336		$	47,208		$	49,283
Real Estate	9,929			9,788			29,295			16,803
Wood Products	2,896			(608		)	8,548			10,576
Eliminations and adjustments	1,634			(895		)	4,160			1,678
	40,057			32,621			89,211			78,340
Corporate	(11,235		)	(12,869		)	(39,962		)	(39,004		)
Earnings from continuing operations before taxes	$	28,822		$	19,752		$	49,249		$	39,336
Depreciation, depletion and amortization
Resource	$	6,519		$	6,886		$	13,851		$	15,889
Real Estate*	21			—			21			—
Wood Products	1,925			2,018			5,906			6,188
	8,465			8,904			19,778			22,077
Corporate	627			595			3,138			1,780
Total depreciation, depletion and amortization	$	9,092		$	9,499		$	22,916		$	23,857
Basis of real estate sold
Real Estate	$	2,714		$	20,779		$	13,287		$	25,492
Eliminations and adjustments**	(3,234		)	—			(3,234		)	—
Total basis of real estate sold	$	(520	)	$	20,779		$	10,053		$	25,492

* Excludes $1.2 million asset impairment charge.

** See Note 1 to the consolidated condensed financial statements for additional information.