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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Statement of Cash Flows [Abstract]    
Net income $ 6,363 $ 15,956
Adjustments to reconcile net income to net cash provided by operating activities    
Depletion 4,948 6,451
Equity-based compensation 580 521
Excess tax benefit of equity-based compensation (5) 0
Depreciation and amortization 314 359
Deferred taxes 203 94
Cost of land sold 6,503 7,618
Gain on disposal of property and equipment 0 (1)
Cash flows from changes in operating accounts    
Accounts receivable, net 1,397 (1,321)
Prepaid expenses and other assets (2,735) (43)
Real estate project expenditures (4,615) (2,128)
Accounts payable and accrued liabilities (288) (2,040)
Deferred revenue 64 743
Environmental remediation (572) (214)
Other current and long-term liabilities 35 (4)
Net cash provided by operating activities 12,192 25,991
Cash flows from investing activities    
Purchase of short-term investments 0 (3,000)
Maturity of short-term investments 1,000 0
Reforestation and roads (1,098) (1,083)
Buildings and equipment (166) (142)
Acquisition of timberland (2,876) 0
Net cash used in investing activities (3,140) (4,225)
Cash flows from financing activities    
Repayment of long-term debt (55) (55)
Proceeds from preferred stock issuance - ORM Timber Funds 0 125
Payroll taxes paid on unit net settlements (107) (196)
Excess tax benefit of equity-based compensation 5 0
Cash distributions to unitholders (5,637) (5,343)
Cash distributions - ORM Timber Funds, net of distributions to Partnership (4,163) (5,613)
Net cash used in financing activities (9,957) (11,082)
Net increase (decrease) in cash and cash equivalents (905) 10,684
Cash and cash equivalents at beginning of period 24,028 6,960
Cash and cash equivalents at end of period $ 23,123 $ 17,644