Held for Sale

At year-end 2017, assets held for sale principally included certain real estate projects sold on February 8, 2018, and water wells related to our nonparticipating royalty interests in water rights located in east Texas. Please read Note 22 - Subsequent Event for additional information regarding our strategic asset sale to Starwood.

The major classes of assets and liabilities held for sale were as follows:



	At Year-End
	2017		2016
Assets Held for Sale:	(In thousands)
Real estate	$	180,247	$	19,931
Timber	—		1,682
Other intangible assets	—		1,681
Oil and gas properties and equipment, net	—		782
Property and equipment, net	1,360		6,301
	$	181,607	$	30,377

Liabilities Held for Sale:
Accounts payable	1,017		—
Other liabilities	—		103
	$	1,017	$	103