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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 104,787 $ 76,639
Customer receivables, net 18,009 21,405
Inventories, net 62,408 60,805
Other current assets 18,625 22,675
Assets held for sale   80,674
Total current assets 203,829 262,198
Property, plant and equipment, net 273,118 272,193
Investment in real estate held for development and sale 80,675 79,537
Timber and timberlands, net 1,666,168 1,672,815
Intangible assets, net 17,634 17,828
Other long-term assets 31,790 21,281
Total assets 2,273,214 2,325,852
Current liabilities:    
Accounts payable and accrued liabilities 72,565 60,993
Current portion of long-term debt 39,981 39,973
Current portion of pension and other postretirement employee benefits 5,997 5,997
Liabilities held for sale   29,321
Total current liabilities 118,543 136,284
Long-term debt 715,837 715,391
Pension and other postretirement employee benefits 110,476 110,659
Deferred tax liabilities, net 15,956 32,009
Other long-term obligations 34,016 16,730
Total liabilities 994,828 1,011,073
Commitments and contingencies
Stockholders' equity:    
Preferred stock, authorized 4,000 shares, no shares issued
Common stock, $1 par value, authorized 100,000 shares, issued and outstanding 67,588 and 67,570 shares 67,588 67,570
Additional paid-in capital 1,660,450 1,659,031
Accumulated deficit (312,874) (282,391)
Accumulated other comprehensive loss (136,778) (129,431)
Total stockholders’ equity 1,278,386 1,314,779
Total liabilities and stockholders' equity $ 2,273,214 $ 2,325,852