Gains (Losses) on Disposition of Plant, Equipment and Timberlands

6 Months Ended

Jun. 30, 2011

Gains (Losses) on Disposition of Plant, Equipment and Timberlands [Abstract]

GAINS (LOSSES) ON DISPOSITION OF PLANT, EQUIPMENT AND TIMBERLANDS

GAINS (LOSSES) ON DISPOSITIONS OF PLANT, EQUIPMENT AND TIMBERLANDS

Sales of timberlands in the first six months of 2011 and 2010 are summarized in the following table:


Dollars in thousands	Acres		Proceeds		Gain (loss)

2011
Timberlands		717	$	3,373	$	3,158
Other		—		67		46

			$	3,440	$	3,204
2010
Timberlands		71	$	182	$	168

The 2011 timberland sales were completed in the first quarter of the year.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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