SEGMENT AND GEOGRAPHICAL INFORMATION (Tables)

9 Months Ended

Sep. 30, 2018

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following tables summarize the segment information for the three and nine months ended September 30, 2018 and 2017:

	Three Months Ended September 30,					Nine Months Ended September 30,
SALES	2018			2017		2018			2017
Southern Timber		$39,662			$37,301		$131,298			$111,967
Pacific Northwest Timber	27,815			19,097		91,402			65,480
New Zealand Timber	66,265			70,095		188,882			163,980
Real Estate (a)	36,168			17,240		122,092			121,460
Trading	31,010			40,686		116,383			116,987
Intersegment Eliminations	(30		)	—		(66		)	—
Total		$200,890			$184,419		$649,991			$579,874

(a)    The nine months ended September 30, 2017 includes $42.0 million of Large Dispositions.

	Three Months Ended September 30,						Nine Months Ended September 30,
OPERATING INCOME (LOSS)	2018			2017			2018			2017
Southern Timber		$9,183			$11,436			$37,061			$35,031
Pacific Northwest Timber	1,911			1,134			12,209			(1,278		)
New Zealand Timber	16,416			19,280			50,141			41,510
Real Estate (a)	24,726			11,437			71,645			72,052
Trading	304			1,142			680			3,380
Corporate and other	(6,162		)	(5,158		)	(16,639		)	(15,269		)
Total Operating Income	46,378			39,271			155,097			135,426
Unallocated interest expense and other	(7,343		)	(7,425		)	(19,972		)	(23,950		)
Total Income before Income Taxes		$39,035			$31,846			$135,125			$111,476

(a)    The nine months ended September 30, 2017 includes $28.2 million of Large Dispositions.

	Three Months Ended September 30,				Nine Months Ended September 30,
DEPRECIATION, DEPLETION AND AMORTIZATION	2018		2017		2018		2017
Southern Timber		$13,672		$12,736		$44,591		$37,092
Pacific Northwest Timber	7,802		6,481		26,687		23,766
New Zealand Timber	7,544		8,478		21,287		20,477
Real Estate (a)	5,491		735		22,296		22,902
Trading	—		—		—		—
Corporate and other	297		277		865		469
Total		$34,806		$28,707		$115,726		$104,706

(a)    The nine months ended September 30, 2017 includes $8.1 million from Large Dispositions.

NON-CASH COST OF LAND AND IMPROVED DEVELOPMENT	Three Months Ended September 30,				Nine Months Ended September 30,
	2018		2017		2018		2017
Southern Timber	—		—		—		—
Pacific Northwest Timber	—		—		—		—
New Zealand Timber	—		—		—		—
Real Estate (a)	2,115		1,272		17,051		14,374
Trading	—		—		—		—
Total		$2,115		$1,272		$17,051		$14,374

(a)    The nine months ended September 30, 2017 includes $5.7 million from Large Dispositions.