SEGMENT AND GEOGRAPHICAL INFORMATION (Tables)

9 Months Ended

Sep. 30, 2016

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following tables summarize the segment information for the three and nine months ended September 30, 2016 and 2015:

	Three Months Ended September 30,				Nine Months Ended September 30,
SALES	2016		2015		2016		2015
Southern Timber		$27,826		$34,797		$102,205		$103,009
Pacific Northwest Timber	16,139		21,549		52,316		57,805
New Zealand Timber	42,179		41,065		125,951		121,482
Real Estate (a)	60,626		35,232		211,296		65,968
Trading	24,651		19,014		76,046		59,500
Total		$171,421		$151,657		$567,814		$407,764

(a) The nine months ended September 30, 2016 include $129.5 million from the Washington disposition.

	Three Months Ended September 30,						Nine Months Ended September 30,
OPERATING INCOME (LOSS)	2016			2015			2016			2015
Southern Timber		$8,183			$10,504			$34,976			$34,694
Pacific Northwest Timber	(3,293		)	3,081			(874		)	7,356
New Zealand Timber	6,613			(915		)	21,385			3,834
Real Estate (a)	43,078			20,001			152,997			34,004
Trading	481			428			1,456			614
Corporate and other	(5,373		)	(5,320		)	(15,687		)	(18,452		)
Total Operating Income	49,689			27,779			194,253			62,050
Unallocated interest expense and other	(8,286		)	(9,139		)	(24,718		)	(28,858		)
Total Income before Income Taxes		$41,403			$18,640			$169,535			$33,192

(a) The nine months ended September 30, 2016 include $101.3 million from the Washington disposition.

	Three Months Ended September 30,				Nine Months Ended September 30,
DEPRECIATION, DEPLETION AND AMORTIZATION	2016		2015		2016		2015
Southern Timber		$9,988		$14,404		$37,102		$41,356
Pacific Northwest Timber	6,668		4,189		14,978		10,920
New Zealand Timber	5,956		7,021		17,252		22,207
Real Estate (a)	9,260		6,269		35,988		11,087
Trading	—		—		—		—
Corporate and other	106		75		298		214
Total		$31,978		$31,958		$105,618		$85,784

(a) The nine months ended September 30, 2016 include $21.9 million from the Washington disposition.

	Three Months Ended September 30,				Nine Months Ended September 30,
NON-CASH COST OF LAND AND IMPROVED DEVELOPMENT	2016		2015		2016		2015
Southern Timber	—		—		—		—
Pacific Northwest Timber	—		—		—		—
New Zealand Timber	—		—		1,824		—
Real Estate (a)	4,336		4,594		10,092		9,532
Trading	—		—		—		—
Corporate and other	—		—		—		—
Total		$4,336		$4,594		$11,916		$9,532

(a) The nine months ended September 30, 2016 include $1.8 million from the Washington disposition.