OTHER OPERATING INCOME, NET

9 Months Ended

Sep. 30, 2017

Other Income and Expenses [Abstract]

OTHER OPERATING INCOME, NET

OTHER OPERATING INCOME, NET

Other operating income, net comprised the following:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2017			2016			2017			2016
Lease and license income, primarily from hunting		$4,331			$3,769			$12,419			$13,991
Other non-timber income	1,312			666			5,485			1,721
Foreign currency income	165			533			15			34
(Loss) gain on sale or disposal of property and equipment	(63		)	58			(69		)	81
Gain (loss) on foreign currency exchange and option contracts	1,295			(333		)	2,476			(1,406		)
Deferred payment related to a prior land sale	—			—			—			4,000
Costs related to acquisition	—			(91		)	—			(1,306		)
Gain on foreign currency derivatives (a)	—			—			—			1,153
Log trading agency and marketing fees	823			637			1,949			1,568
Gain on sale of carbon credits	—			359			—			1,113
Miscellaneous (expense) income, net	(19		)	(99		)	427			(82		)
Total		$7,844			$5,499			$22,702			$20,867

(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.