XML 34 R21.htm IDEA: XBRL DOCUMENT v3.20.4
SUBSEQUENT EVENTS
3 Months Ended
Jan. 31, 2021
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS SUBSEQUENT EVENTSOn February 24, 2021, the Company has entered into an agreement to sell approximately 69,200 acres of its timberland acreage in southwest Alabama to Weyerhaeuser Company and a subsidiary for approximately $149.0 million in cash. Proceeds will be applied toward debt repayment. As of January 31, 2021, assets associated with the sale were classified as held for sale, with an approximate net book value of $47.5 million. The transaction is subject to customary closing conditions and is expected to close in the second quarter of 2021.