SEGMENT AND GEOGRAPHICAL INFORMATION (Tables)

3 Months Ended

Mar. 31, 2018

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following tables summarize the segment information for the three months ended March 31, 2018 and 2017:

	Three Months Ended March 31,
SALES	2018			2017
Southern Timber		$43,588			$39,138
Pacific Northwest Timber	31,374			25,925
New Zealand Timber	52,964			40,874
Real Estate (a)	36,064			54,289
Trading	39,212			34,265
Intersegment Eliminations	(6		)	—
Total		$203,196			$194,491

(a) The three months ended March 31, 2017 includes $42.0 million of Large Dispositions.

	Three Months Ended March 31,
OPERATING INCOME (LOSS)	2018			2017
Southern Timber		$12,227			$13,939
Pacific Northwest Timber	4,674			(878		)
New Zealand Timber	15,957			10,243
Real Estate (a)	28,054			29,665
Trading	149			1,097
Corporate and other	(3,987		)	(4,805		)
Total Operating Income	57,074			49,261
Unallocated interest expense and other	(7,432		)	(7,897		)
Total Income before Income Taxes		$49,642			$41,364

(a) The three months ended March 31, 2017 includes $28.2 million of Large Dispositions.

	Three Months Ended March 31,
DEPRECIATION, DEPLETION AND AMORTIZATION	2018		2017
Southern Timber		$15,979		$12,452
Pacific Northwest Timber	9,504		10,210
New Zealand Timber	5,717		5,407
Real Estate (a)	3,066		10,707
Trading	—		—
Corporate and other	271		100
Total		$34,537		$38,876

(a) The three months ended March 31, 2017 includes $8.1 million from Large Dispositions.    

	Three Months Ended March 31,
NON-CASH COST OF LAND AND IMPROVED DEVELOPMENT	2018		2017
Southern Timber	—		—
Pacific Northwest Timber	—		—
New Zealand Timber	—		—
Real Estate (a)	1,624		10,222
Trading	—		—
Total		$1,624		$10,222

(a) The three months ended March 31, 2017 includes $5.7 million from Large Dispositions.