Other Operating Income, Net

12 Months Ended

Dec. 31, 2016

Other Income and Expenses [Abstract]

Other Operating Income, Net

OTHER OPERATING INCOME, NET

The following table provides the composition of Other operating income, net for the three years ended December 31:

	2016			2015			2014
Lease and license income, primarily from hunting		$18,201			$19,216			$17,569
Other non-timber income	2,198			3,597			2,621
Foreign currency income (loss)	283			(89		)	3,498
Gain on sale or disposal of property plant & equipment	85			7			48
(Loss) gain on foreign currency exchange and option contracts	(645		)	(5,338		)	32
Legal and corporate development costs	—			—			(222		)
Deferred payments related to prior land sales	8,658			—			—
Bankruptcy claim settlement	—			—			5,779
Costs related to business combination	(1,316		)	—			—
Gain on foreign currency derivatives (a)	1,153			—			—
Gain (loss) on sale of carbon credits (b)	4,170			352			(307		)
New Zealand J.V. log trading agency and marketing fees	2,303			1,191			—
Miscellaneous (expense) income, net	(99		)	823			(2,507		)
Total		$34,991			$19,759			$26,511

(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.

(b) Loss in 2014 reflects surrender of carbon credit units.