Segment Information (Tables)

12 Months Ended

Dec. 31, 2012

	Real Estate			Mineral Resources		Fiber Resources		Items Not Allocated to Segments			Total
	(In thousands)
For the year or at year-end 2012:
Revenues	$	120,115		$	44,220	$	8,256	$	—		$	172,591
Depreciation, depletion and amortization		4,340			4,987		1,254		8,345			18,926
Equity in earnings (loss) of unconsolidated ventures		13,897			509		63		—			14,469
Income (loss) before taxes		53,582			21,581		5,056		(59,261	)^(a)		20,958
Total assets		588,137			238,825		12,302		79,170			918,434
Investment in unconsolidated ventures		41,546			—		—		—			41,546
Capital expenditures^(b)		1,093			21,986		277		795			24,151
For the year or at year-end 2011:
Revenues	$	106,168		$	24,584	$	4,821	$	—		$	135,573
Depreciation, depletion and amortization		5,729			339		1,029		3,705			10,802
Equity in earnings (loss) of unconsolidated ventures		(30,626	)		1,394		23		—			(29,209	)
Income (loss) before taxes		(25,704	)		16,023		1,893		17,963	^(a)		10,175
Total assets		659,802			16,199		14,444		104,412			794,857
Investment in unconsolidated ventures		64,223			—		—		—			64,223
Capital expenditures^(b)		739			4,796		47		766			6,348

For the year or at year-end 2010:
Revenues	$	68,269		$	24,790	$	8,301	$	—		$	101,360
Depreciation, depletion and amortization		3,089			333		1,583		5,553			10,558
Equity in earnings of unconsolidated ventures		2,629			2,072		—		—			4,701
Income (loss) before taxes		(4,634	)		22,783		5,058		(15,612	)^(a)		7,595
Total assets		668,689			13,399		18,258		88,978			789,324
Investment in unconsolidated ventures		101,166			—		—		—			101,166
Capital expenditures^(b)		2,392			49		3		258			2,702

Items Not Allocated to Segments

^(a)	Items not allocated to segments consist of:


	For the Year
	2012			2011			2010
	(In thousands)
General and administrative expense	$	(25,176	)	$	(20,110	)	$	(17,341	)
Share-based compensation expense		(14,929	)		(7,067	)		(11,596	)
Gain on sale of assets		16			61,784			28,607
Interest expense		(19,363	)		(17,012	)		(16,446	)
Other corporate non-operating income		191			368			1,164

	$	(59,261	)	$	17,963		$	(15,612	)

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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