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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 97,970 $ 76,639
Customer receivables, net 24,479 21,405
Inventories, net 54,121 60,805
Other current assets 19,890 22,675
Assets held for sale   80,674
Total current assets 196,460 262,198
Property, plant and equipment, net 276,592 272,193
Investment in real estate held for development and sale 79,238 79,537
Timber and timberlands, net 1,655,853 1,672,815
Intangible assets, net 17,439 17,828
Other long-term assets 33,359 21,281
Total assets 2,258,941 2,325,852
Current liabilities:    
Accounts payable and accrued liabilities 78,492 60,993
Current portion of long-term debt 39,988 39,973
Current portion of pension and other postretirement employee benefits 5,997 5,997
Liabilities held for sale   29,321
Total current liabilities 124,477 136,284
Long-term debt 716,094 715,391
Pension and other postretirement employee benefits 110,525 110,659
Deferred tax liabilities, net 14,623 32,009
Other long-term obligations 47,172 16,730
Total liabilities 1,012,891 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 67,186 and 67,570 shares 67,186 67,570
Additional paid-in capital 1,662,381 1,659,031
Accumulated deficit (337,330) (282,391)
Accumulated other comprehensive loss (146,187) (129,431)
Total stockholders’ equity 1,246,050 1,314,779
Total liabilities and stockholders' equity $ 2,258,941 $ 2,325,852