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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES    
Net (loss) income $ (16,832) $ 6,560
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation, depletion and amortization 19,044 16,274
Basis of real estate sold 6,498 1,556
Gain on sale of facility   (9,176)
Loss on extinguishment of debt   5,512
Change in deferred taxes (12,383) (16,099)
Pension and other postretirement employee benefits 6,068 3,106
Pension settlement charge 42,988  
Equity-based compensation expense 1,885 1,617
Other, net 237 (786)
Change in working capital and operating-related activities, net 2,557 13,983
Real estate development expenditures (378) (1,766)
Funding of pension and other postretirement employee benefits (1,546) (1,714)
Net cash provided by operating activities 48,138 19,067
CASH FLOWS FROM INVESTING ACTIVITIES    
Property, plant and equipment additions (5,039) (3,760)
Timberlands reforestation and roads (4,310) (4,242)
Acquisition of timber and timberlands (4,190)  
Proceeds on sale of facility 1,000 60,045
Other, net 1,505 130
Net cash (used in) provided by investing activities (11,034) 52,173
CASH FLOWS FROM FINANCING ACTIVITIES    
Distributions to common stockholders (26,941) (27,065)
Repurchase of common stock (12,355) (10,158)
Proceeds from issue of long-term debt   150,000
Repayment of long-term debt   (150,000)
Premiums and fees on debt retirement   (4,865)
Other, net (242) (213)
Net cash used in financing activities (39,538) (42,301)
Change in cash, cash equivalents and restricted cash (2,434) 28,939
Cash, cash equivalents and restricted cash at beginning of period 84,254 79,441
Cash, cash equivalents and restricted cash at end of period 81,820 108,380
NONCASH INVESTING AND FINANCING ACTIVITIES    
Long-term debt assumed by buyer in sale of facility   29,000
Accrued property, plant and equipment additions 1,380 2,590
Accrued timberlands reforestation and roads 260 17
Cash and cash equivalents 79,484 104,787
Restricted cash included in other short-term and long-term assets [1] $ 2,336 $ 3,593
Restricted Cash, Asset, Statement of Financial Position [Extensible List] us-gaap:OtherAssetsMember us-gaap:OtherAssetsMember
[1] Amounts included in restricted cash represent proceeds held by a qualified intermediary that are intended to be reinvested in timber and timberlands.