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Other Operating Income (Expense), Net (Tables)
12 Months Ended
Dec. 31, 2017
Other Income and Expenses [Abstract]  
Interest and Other Income
The following table provides the composition of Other operating income (expense), net for the three years ended December 31:
 
2017
 
2016
 
2015
Foreign currency (loss) income

($394
)
 

$283

 

($89
)
(Loss) gain on sale or disposal of property plant & equipment
(68
)
 
85

 
7

Gain (loss) on foreign currency exchange and option contracts
3,438

 
(645
)
 
(5,338
)
Deferred payments related to prior land sales

 
8,658

 

Costs related to business combination

 
(1,316
)
 

Gain on foreign currency derivatives (a)

 
1,153

 

New Zealand JV log trading marketing fees
1,222

 
951

 
976

Miscellaneous income (expense), net
195

 
(83
)
 
896

Total

$4,393

 

$9,086

 

($3,548
)

 
 
 
 
 
(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.