Certain Balance Sheet Components

6 Months Ended

Jun. 30, 2017

Balance Sheet Related Disclosures [Abstract]

NOTE 4. CERTAIN BALANCE SHEET COMPONENTS

INVENTORIES

(Dollars in thousands)	June 30, 2017		December 31, 2016
Logs	$	9,108	$	23,342
Lumber, plywood and veneer		21,996		20,500
Materials and supplies		9,020		8,780
Total inventories	$	40,124	$	52,622

PROPERTY, PLANT AND EQUIPMENT

(Dollars in thousands)	June 30, 2017			December 31, 2016
Property, plant and equipment	$	255,907		$	250,913
Less: accumulated depreciation		(181,236	)		(178,093	)
Total property, plant and equipment, net	$	74,671		$	72,820

TIMBER AND TIMBERLANDS

(Dollars in thousands)	June 30, 2017		December 31, 2016
Timber and timberlands	$	570,341	$	572,273
Logging roads		68,837		69,583
Total timber and timberlands, net	$	639,178	$	641,856

LOSS ON SALE OF CENTRAL IDAHO TIMBER AND TIMBERLANDS

On April 21, 2016, we sold approximately 172,000 acres of timberlands located in central Idaho for $114 million. The company purchased the property in 2007 and 2008 for the purpose of growing and harvesting timber and selling rural recreation parcels. The sale freed up capital without having to wait for the rural recreation real estate market in central Idaho to recover. We recorded a loss of $48.5 million before taxes in our Real Estate segment in the second quarter of 2016. Historical earnings generated by the property were positive, but not material.