XML 46 R34.htm IDEA: XBRL DOCUMENT v3.8.0.1
HIGHER AND BETTER USE TIMBERLANDS AND REAL ESTATE DEVELOPMENT INVESTMENTS (Tables)
 3 Months Ended
Mar. 31, 2018
Real Estate [Abstract]  
Schedule of Costs for Land, Timber and Real Estate Development
An analysis of higher and better use timberlands and real estate development investments from December 31, 2017 to March 31, 2018 is shown below:
 
Higher and Better Use Timberlands and Real Estate Development Investments
 
Land and Timber
 
Development Investments
 
Total
Non-current portion at December 31, 2017

$59,653

 

$21,144

 

$80,797

Plus: Current portion (a)
6,702

 
11,648

 
18,350

Total Balance at December 31, 2017
66,355

 
32,792

 
99,147

Non-cash cost of land and improved development
(486
)
 
(999
)
 
(1,485
)
Timber depletion from harvesting activities and basis of timber sold in real estate sales
(258
)
 
—

 
(258
)
Capitalized real estate development investments (b)
—

 
2,340

 
2,340

Intersegment transfers
773

 
—

 
773

Total Balance at March 31, 2018
66,384

 
34,133

 
100,517

Less: Current portion (a)
(3,828
)
 
(8,987
)
 
(12,815
)
Non-current portion at March 31, 2018

$62,556

 

$25,146

 

$87,702

 
 
 
 
 
(a)
The current portion of Higher and Better Use Timberlands and Real Estate Development Investments is recorded in Inventory. See Note 16 — Inventory for additional information.
(b)
Capitalized real estate development investments include $0.2 million of capitalized interest.