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Earnings Per Share (Tables)
 9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Basic and Diluted Earnings per Unit
The following table shows the calculation of basic and diluted earnings per unit:

 
Quarter Ended 
 September 30,
 
Nine Months Ended 
 September 30,
(in thousands, except per unit amounts)
2017
 
2016
 
2017
 
2016
Net and comprehensive income attributable to Pope Resources’ unitholders
$
1,658

 
$
1,970

 
$
5,186

 
$
1,371

Less:
 

 
 

 
 

 
 

Net and comprehensive income attributable to unvested restricted unitholders
(25
)
 
(25
)
 
(84
)
 
(74
)
Preferred share dividends - ORM Timber Funds
(8
)
 
(8
)
 
(23
)
 
(23
)
Net and comprehensive income for calculation of earnings per unit
$
1,625

 
$
1,937

 
$
5,079

 
$
1,274

 
 
 
 
 
 
 
 
Basic and diluted weighted average units outstanding
4,324

 
4,312

 
4,325

 
4,312

 
 
 
 
 
 
 
 
Basic and diluted earnings per unit
$
0.38

 
$
0.45

 
$
1.17

 
$
0.30