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HIGHER AND BETTER USE TIMBERLANDS AND REAL ESTATE DEVELOPMENT INVESTMENTS (Tables)
 9 Months Ended
Sep. 30, 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 investments from December 31, 2016 to September 30, 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
(1,579
)
 
(604
)
 
(2,183
)
Timber depletion from harvesting activities and basis of timber sold in real estate sales
(1,979
)
 
—

 
(1,979
)
Capitalized real estate development investments (b)
—

 
11,780

 
11,780

Capital expenditures (silviculture)
195

 
—

 
195

Intersegment transfers
4,142

 
(762
)
 
3,380

Total Balance at September 30, 2017
65,831

 
32,795

 
98,626

Less: Current portion (a)
(6,024
)
 
(13,379
)
 
(19,403
)
Non-current portion at September 30, 2017

$59,807

 

$19,416

 

$79,223

 
 
 
 
 
(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 $0.3 million of capitalized interest.