Commitments (Tables)

12 Months Ended

Dec. 31, 2015

Commitments and Contingencies Disclosure [Abstract]

Schedule of Future Minimum Rental Payments for Operating Leases

At December 31, 2015, the future minimum payments under non-cancellable operating and timberland leases were as follows:

	Operating Leases		Timberland Leases (a)		Purchase Obligations (b)		Total
2016		$1,865		$11,174		$7,253		$20,292
2017	1,444		10,873		6,023		18,340
2018	736		9,372		5,585		15,693
2019	606		8,874		4,114		13,594
2020	521		8,432		3,455		12,408
Thereafter (c)	1,584		161,101		15,057		177,742
		$6,756		$209,826		$41,487		$258,069

(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) Purchase obligations include payments expected to be made on derivative financial instruments (foreign exchange contracts and interest rate swaps) and standby letters of credit fees for industrial revenue bonds.

(c) Includes 20 years of future minimum payments for perpetual Crown Forest Licenses (“CFL”).