Timber and Timberlands

12 Months Ended

Dec. 31, 2017

NOTE 6. TIMBER AND TIMBERLANDS

(Dollars in thousands)	2017		2016
Timber and timberlands	$	581,648	$	572,273
Logging roads		72,828		69,583
Total timber and timberlands, net	$	654,476	$	641,856

Depletion from company-owned lands totaled $17.0 million, $20.8 million and $25.3 million in 2017, 2016 and 2015, respectively. Amortization of road costs, such as bridges, culverts and gravel surfacing, totaled $3.2 million, $3.1 million and $3.1 million in 2017, 2016 and 2015, respectively.

Future payments due under timber cutting contracts as of December 31, 2017 are as follows:

(Dollars in thousands)
2018	$	11,280
2019		2,730
2020		1,085
2021		5,370
2022		281
Total	$	20,746