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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 512,030 $ 252,340
Customer receivables, net 56,694 26,606
Inventories, net 73,074 62,036
Other current assets 24,475 16,136
Total current assets 666,273 357,118
Property, plant and equipment, net 291,550 288,544
Investment in real estate held for development and sale 66,553 72,355
Timber and timberlands, net 1,580,827 1,600,061
Intangible assets, net 15,880 16,270
Other long-term assets 61,715 46,717
Total assets 2,682,798 2,381,065
Current liabilities:    
Accounts payable and accrued liabilities 97,462 93,279
Current portion of long-term debt 42,991 39,981
Current portion of pension and other postretirement employee benefits 6,574 6,574
Total current liabilities 147,027 139,834
Long-term debt 714,870 717,366
Pension and other postretirement employee benefits 128,251 128,807
Deferred tax liabilities, net 22,191 17,740
Other long-term obligations 58,670 72,365
Total liabilities 1,071,009 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 67,045 and 66,876 shares 67,045 66,876
Additional paid-in capital 1,678,661 1,674,576
Accumulated deficit (51,670) (315,510)
Accumulated other comprehensive loss (82,247) (120,989)
Total stockholders’ equity 1,611,789 1,304,953
Total liabilities and stockholders' equity $ 2,682,798 $ 2,381,065