Segment Information (Tables)

3 Months Ended

Mar. 31, 2017

Segment Reporting Information Additional Information [Abstract]

Summary of Information by Business Segment

The following table summarizes information by business segment:

	Three Months Ended March 31,
(Dollars in thousands)	2017			2016
Revenues:
Resource	$	51,768		$	48,710
Wood Products		95,592			83,238
Real Estate		14,504			5,566
		161,864			137,514
Intersegment Resource revenues1		(12,183	)		(9,618	)
Total consolidated revenues	$	149,681		$	127,896
Income (loss) before income taxes:
Resource	$	14,929		$	10,207
Wood Products		8,684			956
Real Estate		8,643			2,075
Eliminations and adjustments		1,059			1,465
		33,315			14,703
Corporate		(9,406	)		(9,631	)
Operating income		23,909			5,072
Interest expense, net		(4,970	)		(6,025	)
Income (loss) before income taxes	$	18,939		$	(953	)
Depreciation, depletion and amortization:
Resource	$	4,384		$	6,128
Wood Products		1,827			1,901
Real Estate		1			2
		6,212			8,031
Corporate		117			208
Bond discounts and deferred loan fees		373			366
Total depreciation, depletion and amortization	$	6,702		$	8,605
Basis of real estate sold:
Real Estate	$	4,809		$	2,245
Eliminations and adjustments		(19	)		(211	)
Total basis of real estate sold	$	4,790		$	2,034

¹ Intersegment revenues are based on prevailing market prices of logs sold by our Resource segment to the Wood Products segment.