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HIGHER AND BETTER USE TIMBERLANDS AND REAL ESTATE DEVELOPMENT INVESTMENTS (Tables)
 9 Months Ended
Sep. 30, 2018
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, 2017 to September 30, 2018 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, 2017

$59,653

 

$21,144

 

$80,797

Plus: Current portion (a)
6,702

 
11,648

 
18,350

Total Balance at December 31, 2017
66,355

 
32,792

 
99,147

Non-cash cost of land and improved development
(1,179
)
 
(2,961
)
 
(4,140
)
Timber depletion from harvesting activities and basis of timber sold in real estate sales
(1,335
)
 
—

 
(1,335
)
Capitalized real estate development investments (b)
—

 
6,889

 
6,889

Capital expenditures (silviculture)
161

 
—

 
161

Intersegment transfers
1,399

 
—

 
1,399

Total Balance at September 30, 2018
65,401

 
36,720

 
102,121

Less: Current portion (a)
(5,858
)
 
(16,516
)
 
(22,374
)
Non-current portion at September 30, 2018

$59,543

 

$20,204

 

$79,747

 
 
 
 
 
(a)
The current portion of Higher and Better Use Timberlands and Real Estate Development Investments is recorded in Inventory. See Note 16 — Inventory for additional information.
(b)
Capitalized real estate development investments include $0.5 million of capitalized interest.