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HIGHER AND BETTER USE TIMBERLANDS AND REAL ESTATE DEVELOPMENT INVESTMENTS (Tables)
 3 Months Ended
Mar. 31, 2017
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, 2016 to March 31, 2017 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, 2016

$59,956

 

$10,418

 

$70,374

Plus: Current portion (a)
5,096

 
11,963

 
17,059

Total Balance at December 31, 2016
65,052

 
22,381

 
87,433

Non-cash cost of land and improved development
(438
)
 
(8
)
 
(446
)
Timber depletion from harvesting activities and basis of timber sold in real estate sales
(359
)
 
—

 
(359
)
Capitalized real estate development investments (b)
—

 
2,185

 
2,185

Capital expenditures (silviculture)
88

 
—

 
88

Intersegment transfers
4,144

 
—

 
4,144

Total Balance at March 31, 2017
68,487

 
24,558

 
93,045

Less: Current portion (a)
(5,678
)
 
(13,654
)
 
(19,332
)
Non-current portion at March 31, 2017

$62,809

 

$10,904

 

$73,713

 
 
 
 
 
(a)
The current portion of Higher and Better Use Timberlands and Real Estate Development Investments is recorded in Inventory. See Note 15 — Inventory for additional information.
(b)
Capitalized real estate development investments includes $0.1 million of capitalized interest.