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HIGHER AND BETTER USE TIMBERLANDS AND REAL ESTATE DEVELOPMENT INVESTMENTS (Tables)
 9 Months Ended
Sep. 30, 2016
Real Estate [Abstract]  
Schedule of Costs for Land, Timber and Real Estate Development
An analysis of higher and better use timberlands and real estate development costs from December 31, 2015 to September 30, 2016 is shown below:
 
Higher and Better Use Timberlands and Real Estate Development Investments
 
Land and Timber
 
Development Investments
 
Total
Non-current portion at December 31, 2015

$57,897

 

$7,553

 

$65,450

Plus: Current portion (a)
6,019

 
6,233

 
12,252

Total Balance at December 31, 2015
63,916

 
13,786

 
77,702

Non-cash cost of land and improved development
(1,612
)
 
(151
)
 
(1,763
)
Timber depletion from harvesting activities and basis of timber sold in real estate sales
(1,123
)
 
—

 
(1,123
)
Capitalized real estate development investments (b)
—

 
4,815

 
4,815

Capital expenditures (silviculture)
153

 
—

 
153

Intersegment transfers
4

 
—

 
4

Total Balance at September 30, 2016
61,338

 
18,450

 
79,788

Less: Current portion (a)
(3,930
)
 
(5,534
)
 
(9,464
)
Non-current portion at September 30, 2016

$57,408

 

$12,916

 

$70,324

 
 
 
 
 
(a)
The current portion of Higher and Better Use Timberlands and Real Estate Development Investments is recorded in Inventory. See Note 16 — Inventory for additional information.
(b)
Capitalized real estate development investments includes $0.1 million of capitalized interest.