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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 382,032 $ 252,340
Customer receivables, net 41,920 26,606
Inventories, net 62,663 62,036
Other current assets 20,959 16,136
Total current assets 507,574 357,118
Property, plant and equipment, net 291,483 288,544
Investment in real estate held for development and sale 69,057 72,355
Timber and timberlands, net 1,587,593 1,600,061
Intangible assets, net 16,075 16,270
Other long-term assets 91,847 46,717
Total assets 2,563,629 2,381,065
Current liabilities:    
Accounts payable and accrued liabilities 114,849 93,279
Current portion of long-term debt 42,985 39,981
Current portion of pension and other postretirement employee benefits 6,574 6,574
Total current liabilities 164,408 139,834
Long-term debt 714,619 717,366
Pension and other postretirement employee benefits 129,025 128,807
Deferred tax liabilities, net 24,298 17,740
Other long-term obligations 53,730 72,365
Total liabilities 1,086,080 1,076,112
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 67,042 and 66,876 shares 67,042 66,876
Additional paid-in capital 1,676,421 1,674,576
Accumulated deficit (211,985) (315,510)
Accumulated other comprehensive loss (53,929) (120,989)
Total stockholders’ equity 1,477,549 1,304,953
Total liabilities and stockholders' equity $ 2,563,629 $ 2,381,065