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HIGHER AND BETTER USE TIMBERLANDS AND REAL ESTATE DEVELOPMENT INVESTMENTS (Tables)
 6 Months Ended
Jun. 30, 2019
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, 2018 to June 30, 2019 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, 2018

$59,189

 

$26,420

 

$85,609

Plus: Current portion (a)
4,239

 
7,680

 
11,919

Total Balance at December 31, 2018
63,428

 
34,100

 
97,528

Non-cash cost of land and improved development
(1,288
)
 
(376
)
 
(1,664
)
Timber depletion from harvesting activities and basis of timber sold in real estate sales
(1,657
)
 
—

 
(1,657
)
Capitalized real estate development investments (b)
—

 
999

 
999

Capital expenditures (silviculture)
117

 
—

 
117

Intersegment transfers
76

 
—

 
76

Total Balance at June 30, 2019
60,676

 
34,723

 
95,399

Less: Current portion (a)
(3,476
)
 
(14,851
)
 
(18,327
)
Non-current portion at June 30, 2019

$57,200

 

$19,872

 

$77,072

 
 
 
 
 
(a)
The current portion of Higher and Better Use Timberlands and Real Estate Development Investments is recorded in Inventory. See Note 17 — Inventory for additional information.
(b)
Capitalized real estate development investments include $0.3 million of capitalized interest.