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Segment Information (Tables)
 9 Months Ended
Sep. 30, 2015
Segment Reporting Information, Additional Information [Abstract]  
Summary of Information by Business Segment
The following table summarizes information by business segment:
 
Quarter Ended 
 September 30,
 
Nine Months Ended 
 September 30,
 
 
(Dollars in thousands)
2015
 
2014
 
2015
 
2014
Revenues:
 
 
 
 
 
 
 
Resource
$
102,322

 
$
91,919

 
$
200,388

 
$
183,336

Wood Products
82,868

 
99,213

 
256,292

 
287,589

Real Estate
7,828

 
6,176

 
21,684

 
36,352

 
193,018

 
197,308

 
478,364

 
507,277

Elimination of intersegment revenues - Resource
(18,543
)
 
(20,093
)
 
(41,017
)
 
(46,564
)
Total consolidated revenues
$
174,475

 
$
177,215

 
$
437,347

 
$
460,713

 
 
 
 
 
 
 
 
Operating income (loss):
 
 
 
 
 
 
 
Resource
$
36,389

 
$
34,080

 
$
60,164

 
$
61,122

Wood Products
(5,422
)
 
15,743

 
(3,875
)
 
43,320

Real Estate
4,234

 
4,646

 
14,354

 
25,295

Eliminations and adjustments
(564
)
 
(1,994
)
 
2,950

 
(364
)
 
34,637

 
52,475

 
73,593

 
129,373

Corporate
(6,923
)
 
(7,606
)
 
(24,541
)
 
(23,470
)
Operating income
27,714

 
44,869

 
49,052

 
105,903

Interest expense, net
(8,335
)
 
(5,506
)
 
(24,420
)
 
(16,475
)
Income before income taxes
$
19,379

 
$
39,363

 
$
24,632


$
89,428

 
 
 
 
 
 
 
 
Depreciation, depletion and amortization:1
 
 
 
 
 
 
 
Resource
$
10,262

 
$
6,101

 
$
21,313

 
$
12,745

Wood Products
1,693

 
1,543

 
4,930

 
4,587

Real Estate
14

 
15

 
44

 
44

 
11,969

 
7,659

 
26,287

 
17,376

Corporate
588

 
665

 
1,867

 
1,950

Total depreciation, depletion and amortization
$
12,557

 
$
8,324

 
$
28,154

 
$
19,326

 
 
 
 
 
 
 
 
Basis of real estate sold:
 
 
 
 
 
 
 
Real Estate
$
2,450

 
$
519

 
$
3,631

 
$
7,928

Eliminations and adjustments
(69
)
 
(64
)
 
(242
)
 
(639
)
Total basis of real estate sold
$
2,381

 
$
455

 
$
3,389

 
$
7,289

1
The presentation of depreciation, depletion, and amortization in Segment Information and the Condensed Consolidated Statements of Cash Flows includes amortization of bond discounts and deferred loan fees. Bond discounts and deferred loan fees are recorded in Interest expense, net in the Consolidated Statements of Income.