OTHER OPERATING INCOME, NET

9 Months Ended

Sep. 30, 2016

Other Income and Expenses [Abstract]

Other Operating Income, Net

OTHER OPERATING INCOME, NET

Other operating income, net comprised the following:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2016			2015			2016			2015
Lease income, primarily from hunting leases		$3,769			$4,349			$13,991			$14,348
Other non-timber income	666			581			1,721			2,634
Foreign currency income (loss)	533			(149		)	34			67
Gain on sale or disposal of property and equipment	58			4			81			6
Loss on foreign currency exchange and option contracts	(333		)	(2,297		)	(1,406		)	(3,290		)
Deferred payment related to a prior land sale	—			—			4,000			—
Costs related to acquisition	(91		)	—			(1,306		)	—
Gain on foreign currency derivatives (a)	—			—			1,153			—
Gain on sale of carbon credits	359			—			1,113			352
Miscellaneous income, net	538			367			1,486			1,450
Total		$5,499			$2,855			$20,867			$15,567

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