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SEGMENT AND GEOGRAPHICAL INFORMATION (Schedule of Operating Income (Loss)) (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Segment Reporting Information [Line Items]    
Total Operating Income $ 49,261 $ 22,997
Unallocated interest expense and other (7,897) (8,720)
INCOME BEFORE INCOME TAXES 41,364 14,277
Real Estate | Dispositions | Timberland    
Segment Reporting Information [Line Items]    
Total Operating Income 28,200  
Operating Segments | Southern Timber    
Segment Reporting Information [Line Items]    
Total Operating Income 13,939 15,753
Operating Segments | Pacific Northwest Timber    
Segment Reporting Information [Line Items]    
Total Operating Income (878) 1,385
Operating Segments | New Zealand Timber    
Segment Reporting Information [Line Items]    
Total Operating Income 10,243 4,744
Operating Segments | Real Estate    
Segment Reporting Information [Line Items]    
Total Operating Income 29,665 4,225
Operating Segments | Trading    
Segment Reporting Information [Line Items]    
Total Operating Income 1,097 350
Corporate and other    
Segment Reporting Information [Line Items]    
Total Operating Income $ (4,805) $ (3,460)