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SEGMENT AND GEOGRAPHICAL INFORMATION (Schedule of Operating Income (Loss)) (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Segment Reporting Information [Line Items]        
Total Operating Income $ 39,271 $ 49,689 $ 135,426 $ 194,253
Unallocated interest expense and other (7,425) (8,286) (23,950) (24,718)
INCOME BEFORE INCOME TAXES 31,846 41,403 111,476 169,535
Real Estate | Dispositions | Timberland        
Segment Reporting Information [Line Items]        
Total Operating Income     28,200 101,300
Operating Segments | Southern Timber        
Segment Reporting Information [Line Items]        
Total Operating Income 11,436 8,183 35,031 34,976
Operating Segments | Pacific Northwest Timber        
Segment Reporting Information [Line Items]        
Total Operating Income 1,134 (3,293) (1,278) (874)
Operating Segments | New Zealand Timber        
Segment Reporting Information [Line Items]        
Total Operating Income 19,280 6,613 56,327 21,385
Operating Segments | Real Estate        
Segment Reporting Information [Line Items]        
Total Operating Income 11,437 43,078 57,235 152,997
Operating Segments | Trading        
Segment Reporting Information [Line Items]        
Total Operating Income 1,142 481 3,380 1,456
Corporate and other        
Segment Reporting Information [Line Items]        
Total Operating Income $ (5,158) $ (5,373) $ (15,269) $ (15,687)