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SEGMENT AND GEOGRAPHICAL INFORMATION (Schedule of Operating Income (Loss)) (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Segment Reporting Information [Line Items]        
Total Operating Income $ 51,645 $ 46,893 $ 108,720 $ 96,154
Unallocated interest expense and other (5,197) (8,627) (12,630) (16,524)
INCOME BEFORE INCOME TAXES 46,448 38,266 96,090 79,630
Real Estate | Large Dispositions | Timberland        
Segment Reporting Information [Line Items]        
Total Operating Income       (28,200)
Operating Segments | Southern Timber        
Segment Reporting Information [Line Items]        
Total Operating Income 15,651 9,655 27,878 23,594
Operating Segments | Pacific Northwest Timber        
Segment Reporting Information [Line Items]        
Total Operating Income 5,625 (1,535) 10,299 (2,413)
Operating Segments | New Zealand Timber        
Segment Reporting Information [Line Items]        
Total Operating Income 17,768 26,804 33,725 37,046
Operating Segments | Real Estate        
Segment Reporting Information [Line Items]        
Total Operating Income 18,864 16,133 46,918 45,798
Operating Segments | Trading        
Segment Reporting Information [Line Items]        
Total Operating Income 227 1,141 376 2,239
Corporate and other        
Segment Reporting Information [Line Items]        
Total Operating Income $ (6,490) $ (5,305) $ (10,476) $ (10,110)