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OTHER OPERATING INCOME, NET (Tables)
6 Months Ended
Jun. 30, 2016
Other Income and Expenses [Abstract]  
Interest and Other Income
Other operating income, net comprised the following:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2016
 
2015
 
2016
 
2015
Lease income, primarily from hunting leases

$5,661

 

$5,890

 

$10,221

 

$9,999

Other non-timber income
536

 
688

 
1,055

 
2,052

Foreign currency (loss) income
(204
)
 
108

 
(499
)
 
215

Gain on sale or disposal of property and equipment
24

 
3

 
24

 
3

Loss on foreign currency exchange and option contracts
(551
)
 
(645
)
 
(1,072
)
 
(994
)
Deferred payment related to a prior land sale
4,000

 

 
4,000

 

Costs related to acquisition
(1,215
)
 

 
(1,215
)
 

Gain on foreign currency derivatives (a)

 

 
1,153

 

Gain on sale of carbon credits
754

 
352

 
754

 
352

Miscellaneous income, net
458

 
742

 
947

 
1,086

Total

$9,463

 

$7,138

 

$15,368

 

$12,713


(a)
The Company used foreign exchange derivatives to mitigate the risk of fluctuations in foreign exchange rates while awaiting the planned capital contribution to the New Zealand JV.