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Segment Information (Tables)
6 Months Ended
Jun. 30, 2014
Segment Reporting Information, Additional Information [Abstract]  
Summary of Information by Business Segment
The following table summarizes information by business segment for the quarters and six months ended June 30:
 
Quarter Ended   June 30,
 
Six Months Ended   June 30,
 
 
(Dollars in thousands)
2014
 
2013
 
2014
 
2013
Revenues:
 
 
 
 
 
 
 
Resource
$
39,512

 
$
45,269

 
$
91,417

 
$
100,237

Wood Products
100,572

 
94,982

 
188,376

 
186,526

Real Estate
15,737

 
5,809

 
30,176

 
10,444

 
155,821

 
146,060

 
309,969

 
297,207

Elimination of intersegment revenues - Resource
(11,902
)
 
(12,848
)
 
(26,471
)
 
(24,742
)
Total consolidated revenues
$
143,919

 
$
133,212

 
$
283,498

 
$
272,465

 
 
 
 
 
 
 
 
Operating income:
 
 
 
 
 
 
 
Resource
$
10,818

 
$
14,467

 
$
27,042

 
$
29,992

Wood Products
14,870

 
19,725

 
27,577

 
38,635

Real Estate
12,378

 
4,116

 
20,649

 
7,199

Eliminations and adjustments
788

 
235

 
1,630

 
724

 
38,854

 
38,543

 
76,898

 
76,550

Corporate
(9,129
)
 
(9,102
)
 
(15,864
)
 
(20,501
)
Operating income
29,725

 
29,441

 
61,034

 
56,049

Interest expense, net
(5,509
)
 
(5,667
)
 
(10,969
)
 
(12,003
)
Income before income taxes
$
24,216

 
$
23,774

 
$
50,065


$
44,046

 
 
 
 
 
 
 
 
Depreciation, depletion and amortization:
 
 
 
 
 
 
 
Resource
$
2,728

 
$
3,040

 
$
6,644

 
$
7,632

Wood Products
1,515

 
1,520

 
3,044

 
3,029

Real Estate
14

 
14

 
29

 
27

 
4,257

 
4,574

 
9,717

 
10,688

Corporate
641

 
584

 
1,285

 
1,337

Total depreciation, depletion and amortization
$
4,898

 
$
5,158

 
$
11,002

 
$
12,025

 
 
 
 
 
 
 
 
Basis of real estate sold:
 
 
 
 
 
 
 
Real Estate
$
2,242

 
$
584

 
$
7,409

 
$
1,200

Eliminations and adjustments
(30
)
 
(134
)
 
(575
)
 
(293
)
Total basis of real estate sold
$
2,212

 
$
450

 
$
6,834

 
$
907