Income Taxes (Tables)

12 Months Ended

Dec. 31, 2014

Income Tax Disclosure [Abstract]

Components of the deferred tax asset

Components of the deferred tax asset as of December 31, 2014 and 2013 were attributable to the operations of Catchmark Timber TRS only and were as follows:

	As of December 31,
	2014			2013
Deferred tax asset:
Net operating loss carryforward	$	7,653,129		$	5,920,309
Gain on timberland sales	(3,521		)	(256		)
Other	20,148			(6,461		)
Total deferred tax asset	7,669,756			5,913,592
Valuation allowance	(7,669,756		)	(5,913,592		)
Deferred tax asset, net	$	—		$	—

A reconciliation of federal statutory income tax rate

A reconciliation of the federal statutory income tax rate to CatchMark Timber TRS’ effective tax rate for the years ended December 31, 2014, 2013, and 2012 is as follows:

	2014		2013		2012
Federal statutory income tax rate	34.00	%	34.00	%	34.00	%
State income taxes, net of federal benefit	3.21		3.06		3.32
Other temporary differences	0.50		(0.02	)	0.07
Write-off of due to affiliates	—		—		(76.14	)
Other permanent differences	(0.02	)	21.03		2.58
Valuation allowance	(37.69	)	(58.07	)	36.17
Effective tax rate	—	%	—	%	—	%