SEGMENT AND GEOGRAPHICAL INFORMATION (Tables)

3 Months Ended

Mar. 31, 2019

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following tables summarize the segment information for the three months ended March 31, 2019 and 2018:

	Three Months Ended March 31,
SALES	2019			2018
Southern Timber		$60,846			$43,588
Pacific Northwest Timber	20,535			31,374
New Zealand Timber	57,130			52,964
Real Estate	20,999			36,064
Trading	32,065			39,212
Intersegment Eliminations	(29		)	(6		)
Total		$191,546			$203,196

	Three Months Ended March 31,
OPERATING INCOME (LOSS)	2019			2018
Southern Timber		$21,520			$12,227
Pacific Northwest Timber	(3,741		)	4,674
New Zealand Timber	15,720			15,957
Real Estate	10,027			28,054
Trading	480			149
Corporate and other	(5,486		)	(3,987		)
Total Operating Income	38,520			57,074
Unallocated interest expense and other	(6,378		)	(7,432		)
Total Income before Income Taxes		$32,142			$49,642

	Three Months Ended March 31,
DEPRECIATION, DEPLETION AND AMORTIZATION	2019		2018
Southern Timber		$19,727		$15,979
Pacific Northwest Timber	6,826		9,504
New Zealand Timber	6,319		5,717
Real Estate	3,335		3,066
Corporate and other	284		271
Total		$36,491		$34,537

	Three Months Ended March 31,
NON-CASH COST OF LAND AND IMPROVED DEVELOPMENT	2019		2018
Real Estate	4,030		1,624
Total		$4,030		$1,624