SALE OF WOOD PRODUCTS BUSINESS (Tables)

9 Months Ended

Sep. 30, 2013

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures

The major classes of Wood Products assets and liabilities included in the sale were as follows:

	March 1, 2013
Accounts receivable, net	$	4,127
Inventory	4,270
Prepaid and other current assets	2,053
Property, plant and equipment, net	9,990
Total assets	$	20,440
Total liabilities	$	596

Prior to the Wood Products sale, saw timber procurement services for and wood chip purchases from the lumber mills were intercompany transactions eliminated in consolidation as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2013		2012		2013		2012
Wood chip purchases	$	—	$	3,270	$	1,650	$	9,507
Saw timber procurement services	—		282		223		856
Total intercompany	$	—	$	3,552	$	1,873	$	10,363

The following table summarizes the operating results of the Company’s discontinued operations and the related gain for the three and nine months ended September 30, 2013 and 2012, as presented in “Income from discontinued operations, net” in the Consolidated Statements of Income and Comprehensive Income:

	Three Months Ended September 30,					Nine Months Ended September 30,
	2013		2012			2013			2012
Sales	$	—	$	22,825		$	16,968		$	65,865
Cost of sales and other	—		(20,897		)	(14,258		)	(58,184		)
Gain on sale of discontinued operations	—		—			64,040			—
Income from discontinued operations before income taxes	—		1,928			66,750			7,681
Income tax expense	—		(646		)	(22,273		)	(2,573		)
Income from discontinued operations, net	$	—	$	1,282		$	44,477		$	5,108