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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Statement of Cash Flows [Abstract]    
Net income (loss) $ (7,630) $ 767
Adjustments to reconcile net income (loss) to net cash provided by operating activities    
Depletion 8,875 6,534
Equity-based compensation 757 593
Depreciation and amortization 186 166
Deferred taxes (203) 23
Cost of land sold 0 2
Loss from unconsolidated real estate joint venture 327 9
Gain on disposal of property and equipment 0 (61)
Cash flows from changes in operating accounts    
Accounts receivable, net (795) (2,026)
Prepaid expenses, contract assets, and other assets 419 517
Real estate project expenditures (55) (1,023)
Accounts payable and accrued liabilities (252) (736)
Deferred revenue 222 86
Environmental remediation payments (112) (158)
Other current and long-term liabilities (295) 285
Net cash provided by operating activities 1,444 4,978
Cash flows from investing activities    
Reforestation and roads (931) (644)
Capital expenditures 0 (252)
Proceeds from sale of property and equipment 0 71
Investment in unconsolidated real estate joint venture (46) 0
Deposit for acquisition of timberland - Partnership 0 (5)
Acquisitions of timberland - Partnership (19) (16)
Acquisitions of timberland - Funds 0 (19,344)
Net cash used in investing activities (996) (20,190)
Cash flows from financing activities    
Line of credit borrowings 9,000 4,500
Line of credit repayments (1,000) (2,400)
Proceeds from issuance of long-term debt 0 3,000
Repayment of long-term debt (33) (32)
Proceeds from unit issuances - distribution reinvestment plan 0 24
Unit repurchases 0 (166)
Proceeds from preferred stock issuance - ORM Timber Funds 0 125
Payroll taxes paid on unit net settlements 0 (79)
Cash distributions to unitholders (4,367) (4,366)
Cash distributions - ORM Timber Funds, net of distributions to Partnership 0 (3,076)
Capital call - ORM Timber Funds, net of Partnership contribution 0 17,259
Net cash provided by financing activities 3,600 14,789
Net increase (decrease) in cash and restricted cash 4,048 (423)
Cash and restricted cash at beginning of period 9,037 6,057
Cash and restricted cash at end of period $ 13,085 $ 5,634