DISCONTINUED OPERATIONS (Tables)

9 Months Ended

Sep. 30, 2023

Discontinued Operations and Disposal Groups [Abstract]

Summary of Cash Flows from Discontinued Operations

The loss on sale is recapped as follows:

In thousands
Cash	$	5,793
Accounts receivable	2,950
Inventory	5,039
Prepaids and other current assets	8,847
Property, plant and equipment	2,513
Accounts payable and accrued liabilities	(7,337)
Loss on sale	$	17,805

The following table sets forth sales of timberlands and other assets completed during the first nine months of 2023 and 2022:

Dollars in thousands	Acres	Proceeds		Gain (loss)
2023
Timberlands	546	$	1,340	$	1,305
Other	n/a	144		45
Total		$	1,484	$	1,350
2022
Timberlands	790	$	3,130	$	2,962
Other	n/a	64		(94)
Total		$	3,194	$	2,868

The following table sets forth a summary of cash flows from discontinued operations which is included in the condensed consolidated statements of cash flows:

	Nine months ended September 30,
In thousands	2023		2022
Net cash used by operating activities	$	(734)	$	45
Net cash used by investing activities	—		—
Net cash provided by financing activities	—		—
Change in cash and cash equivalents from discontinued operations	$	(734)	$	45