LEASES (Tables)

12 Months Ended

Dec. 31, 2025

Leases [Abstract]

Schedule of Operating Lease Maturities

The following table details our undiscounted lease obligations as of December 31, 2025 by type of lease and year of expiration:

	Year of Expiration
Lease Obligations	Total	2026	2027	2028	2029	2030	Thereafter
Operating lease liabilities	$21,475	$2,708	$2,555	$2,213	$2,184	$2,174	$9,641
Total Undiscounted Cash Flows	$21,475	$2,708	$2,555	$2,213	$2,184	$2,174	$9,641
Imputed interest	(5,189)
Balance at December 31, 2025	$16,286
Less: Current portion	(2,617)
Non-current portion at December 31, 2025	$13,669

Schedule of Lease Cost

The following table details components of our lease cost for the years ended December 31, 2025, 2024, and 2023:

	Year Ended December 31,
Lease Cost Components	2025	2024	2023
Operating lease cost	$3,308	$3,627	$4,449
Variable lease cost (a)	383	395	533
Total lease cost (b)	$3,691	$4,022	$4,982

(a)    The majority of timberland leases are subject to increases or decreases based on either the Consumer Price Index, Producer Price Index or market rates.

(b)    Short-term leases with an initial term of 12 months or less are not recorded on the balance sheet.Related costs are recognized on a straight line basis over the lease term. Short-term lease expense was not material for the year ended December 31, 2025.

The following table provides supplemental cash flow information related to leases for the years ended December 31, 2025, 2024 and 2023:

	Year Ended December 31,
Supplemental Cash Flow Information Related to Leases:	2025		2024		2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$1,216		$1,407		$2,081
Investing cash flows from operating leases	2,092		2,220		2,368
Total cash flows from operating leases	$3,308		$3,627		$4,449
Weighted-average remaining lease term in years - operating leases	10		11		11
Weighted-average discount rate - operating leases	6	%	6	%	6	%

Schedule of Lease, Practical Expedient

We apply the following practical expedients as allowed under ASC 842:

Practical Expedient	Description
Short-term leases	We do not record right-of-use assets or liabilities for short-term leases (a lease that at commencement date has a lease term of 12 months or less and does not contain a purchase option that is reasonably certain to be exercised).
Separation of lease and non-lease components	We do not separate non-lease components from the associated lease components if they have the same timing and pattern of transfer and, if accounted for separately, would both be classified as an operating lease.