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SEGMENT AND GEOGRAPHICAL INFORMATION (Schedule of Operating Income (Loss)) (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Segment Reporting Information [Line Items]        
Total Operating Income $ 49,689 $ 27,779 $ 194,253 $ 62,050
Unallocated interest expense and other (8,286) (9,139) (24,718) (28,858)
INCOME BEFORE INCOME TAXES 41,403 18,640 169,535 33,192
Operating Segments | Southern Timber        
Segment Reporting Information [Line Items]        
Total Operating Income 8,183 10,504 34,976 34,694
Operating Segments | Pacific Northwest Timber        
Segment Reporting Information [Line Items]        
Total Operating Income (3,293) 3,081 (874) 7,356
Operating Segments | New Zealand Timber        
Segment Reporting Information [Line Items]        
Total Operating Income 6,613 (915) 21,385 3,834
Operating Segments | Real Estate        
Segment Reporting Information [Line Items]        
Total Operating Income 43,078 20,001 152,997 34,004
Operating Segments | Trading        
Segment Reporting Information [Line Items]        
Total Operating Income 481 428 1,456 614
Corporate and other        
Segment Reporting Information [Line Items]        
Total Operating Income $ (5,373) $ (5,320) (15,687) $ (18,452)
Disposal Group, Not Discontinued Operations | Timberland | Real Estate        
Segment Reporting Information [Line Items]        
Total Operating Income     $ (101,300)