Segment and Geographical Information (Tables)

12 Months Ended

Dec. 31, 2016

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Segment information for each of the three years ended December 31, 2016 follows:

	Sales
	2016		2015		2014
Southern Timber		$132,855		$139,093		$141,833
Pacific Northwest Timber	75,187		76,488		102,232
New Zealand Timber	172,574		161,570		182,421
Real Estate (a)	299,350		86,493		77,281
Trading	108,312		81,230		103,678
Intersegment Eliminations	—		—		(3,924		)
Total		$788,278		$544,874		$603,521

(a) Includes $207.3 million related to Large Dispositions in 2016.

	Operating Income/(Loss)
	2016			2015			2014
Southern Timber		$43,098			$46,669			$45,651
Pacific Northwest Timber	(3,992		)	6,917			29,539
New Zealand Timber	33,072			2,775			9,474
Real Estate (a)	202,379			44,263			47,474
Trading	2,002			1,247			1,687
Corporate and other	(20,782		)	(24,087		)	(35,536		)
Total Operating Income	255,777			77,784			98,289
Unallocated interest expense and other	(32,943		)	(34,702		)	(53,447		)
Total income from continuing operations before income taxes		$222,834			$43,082			$44,842

(a) Includes $143.9 million related to Large Dispositions in 2016.

	Gross Capital Expenditures
	2016		2015		2014
Capital Expenditures (a)
Southern Timber		$33,487		$33,245		$36,033
Pacific Northwest Timber	8,036		8,515		9,742
New Zealand Timber	16,095		15,143		17,344
Real Estate	315		313		195
Trading	—		—		—
Corporate and other	790		77		399
Total capital expenditures		$58,723		$57,293		$63,713
Timberland Acquisitions
Southern Timber		$103,947		$54,408		$125,650
Pacific Northwest Timber	262,534		34,052		1,878
New Zealand Timber	—		9,949		923
Real Estate	—		—		2,445
Trading	—		—		—
Corporate and other	—		—		—
Total timberland acquisitions		$366,481		$98,409		$130,896
Total Gross Capital Expenditures		$425,204		$155,702		$194,609

(a) Excludes timberland acquisitions presented separately.

	Depreciation, Depletion and Amortization
	2016		2015		2014
Southern Timber		$49,747		$54,299		$52,307
Pacific Northwest Timber	25,246		14,842		21,282
New Zealand Timber	23,447		29,741		32,161
Real Estate (a)	52,304		14,533		13,355
Trading	—		—		—
Corporate and other	402		293		875
Total		$151,146		$113,708		$119,980

(a) Includes $36.1 million related to Large Dispositions in 2016.

	Non-Cash Cost of Land and Improved Development
	2016		2015		2014
Southern Timber	—		—		—
Pacific Northwest Timber	—		—		—
New Zealand Timber	1,824		467		4,328
Real Estate (a)	32,038		12,042		8,936
Trading	—		—		—
Corporate and other	—		—		—
Total		$33,862		$12,509		$13,264

(a) Includes $22.2 million related to Large Dispositions in 2016.

	Sales by Product Line
	2016		2015		2014
Southern Timber		$132,855		$139,093		$141,833
Pacific Northwest Timber	75,187		76,488		102,232
New Zealand Timber	172,574		161,570		182,421
Real Estate
Improved Development	1,740		2,610		—
Unimproved Development	5,540		6,399		4,794
Rural	18,672		22,653		40,954
Non-Strategic / Timberlands	66,133		54,831		9,533
Large Dispositions	207,265		—		22,000
Total Real Estate	299,350		86,493		77,281
Trading	108,312		81,230		103,678
Intersegment eliminations	—		—		(3,924		)
Total Sales		$788,278		$544,874		$603,521

Schedule of Disclosure on Geographic Areas, Long-Lived Assets in Individual Foreign Countries by Country

	Geographical Operating Information
	Sales						Operating Income						Identifiable Assets
	2016		2015		2014		2016		2015		2014		2016		2015
United States		$507,391		$302,074		$317,422		$220,703		$73,749		$87,116		$2,181,658		$1,823,137
New Zealand	280,887		242,800		286,099		35,074		4,035		11,173		504,102		492,801
Total		$788,278		$544,874		$603,521		$255,777		$77,784		$98,289		$2,685,760		$2,315,938