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Revenue Recognition (Tables)
3 Months Ended
Mar. 31, 2018
Revenue From Contract With Customer [Abstract]  
Summary of Revenues by Major Product

The following table represents our revenues by major product. For additional information regarding our segments, see Note 17: Segment Information.

 

 

Three Months Ended March 31,

 

(Dollars in thousands)

2018

 

 

2017

 

Resource

 

 

 

 

 

 

 

Northern region

 

 

 

 

 

 

 

Sawlogs

$

49,584

 

 

$

32,086

 

Pulpwood

 

1,780

 

 

 

1,954

 

Stumpage

 

79

 

 

 

142

 

Other

 

216

 

 

 

253

 

 

 

51,659

 

 

 

34,435

 

Southern region

 

 

 

 

 

 

 

Sawlogs

 

14,030

 

 

 

8,689

 

Pulpwood

 

8,970

 

 

 

7,642

 

Stumpage

 

391

 

 

 

82

 

Other

 

1,456

 

 

 

920

 

 

 

24,847

 

 

 

17,333

 

Total Resource revenues

$

76,506

 

 

$

51,768

 

 

 

 

 

 

 

 

 

Wood Products

 

 

 

 

 

 

 

Lumber

 

94,993

 

 

 

64,872

 

Panels

 

28,891

 

 

 

17,695

 

Residuals

 

15,931

 

 

 

13,025

 

 

$

139,815

 

 

$

95,592

 

Real Estate

 

 

 

 

 

 

 

Rural real estate

 

8,833

 

 

 

14,504

 

Development real estate

 

1,219

 

 

 

 

Other

 

503

 

 

 

 

 

$

10,555

 

 

$

14,504

 

Total segment revenues

 

226,876

 

 

 

161,864

 

Intersegment Resource revenues1

 

(26,979

)

 

 

(12,183

)

Total consolidated revenues

$

199,897

 

 

$

149,681

 

 

 

 

 

 

 

 

 

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