XML 131 R110.htm IDEA: XBRL DOCUMENT v3.22.0.1
DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES - Narrative (Details)
$ in Thousands
3 Months Ended 12 Months Ended
Jun. 30, 2021
USD ($)
Jun. 30, 2020
USD ($)
Mar. 31, 2020
agreement
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Derivative [Line Items]            
Repayments of debt       $ 420,000 $ 152,000 $ 0
2020 Incremental Term Loan Facility borrowings due 2025 at a variable interest rate of 2.0% at December 31, 2020 | Excluding Timber Funds            
Derivative [Line Items]            
Repayments of debt $ 250,000          
Incremental Team Loan Agreement Due 2026 | Excluding Timber Funds            
Derivative [Line Items]            
Repayments of debt 100,000          
Designated as Hedging Instrument            
Derivative [Line Items]            
Amount expected to be reclassified into earnings in next 12 months       (10,847)    
Treasury Lock | Derivatives Designated as Cash Flow Hedges | Designated as Hedging Instrument            
Derivative [Line Items]            
Gain (loss) recorded to AOCI       17,300    
Number of agreements | agreement     3      
Interest Rate Swap Locks            
Derivative [Line Items]            
Amount de-designated and partially cash settled   $ 11,100        
Interest Rate Swap Locks | Derivatives Designated as Cash Flow Hedges | Designated as Hedging Instrument            
Derivative [Line Items]            
Gain (loss) recorded to AOCI       1,200    
Foreign currency exchange contracts | Designated as Hedging Instrument            
Derivative [Line Items]            
Amount expected to be reclassified into earnings in next 12 months       (965)    
Interest Rate Swap Maturing 2030 | Derivatives Designated as Cash Flow Hedges | Designated as Hedging Instrument            
Derivative [Line Items]            
Amount subject to termination, de-designation, or cash settlement 250,000          
Proceeds from derivative termination 6,800          
Gain (loss) recorded to AOCI       15,900    
Interest Rate Swap Maturing 2026 | Derivatives Designated as Cash Flow Hedges | Designated as Hedging Instrument            
Derivative [Line Items]            
Amount subject to termination, de-designation, or cash settlement 100,000          
Gain (loss) related to terminated interest rate swaps (2,200)          
Forward-starting interest rate swaps | Derivatives Designated as Cash Flow Hedges | Designated as Hedging Instrument            
Derivative [Line Items]            
Amount subject to termination, de-designation, or cash settlement $ 325,000          
Gain (loss) recorded to AOCI       $ 9,700    
New Zealand JV | Foreign Currency Exchange and Option Contracts, Scale 2            
Derivative [Line Items]            
Foreign currency cash flow hedge, period (in months)       12 months    
New Zealand JV | Minimum | Foreign Currency Exchange and Option Contracts, Scale 2            
Derivative [Line Items]            
Foreign currency exposure hedged for forecasted sales in next twelve months, percent       50.00%    
New Zealand JV | Minimum | Forecasted Sales and Purchases, term 2            
Derivative [Line Items]            
Foreign currency cash flow hedge, period (in months)       12 months    
New Zealand JV | Minimum | Foreign Sales and Purchases, term 3            
Derivative [Line Items]            
Foreign currency cash flow hedge, period (in months)       18 months    
New Zealand JV | Maximum | Foreign Currency Exchange and Option Contracts, Scale 2            
Derivative [Line Items]            
Foreign currency exposure hedged for forecasted sales in next twelve months, percent       90.00%    
New Zealand JV | Maximum | Forecasted Sales and Purchases, term 2            
Derivative [Line Items]            
Foreign currency cash flow hedge, period (in months)       18 months    
Foreign currency exposure hedged for forecasted sales in next 12 to 18 months, percent       75.00%    
New Zealand JV | Maximum | Foreign Sales and Purchases, term 3            
Derivative [Line Items]            
Foreign currency cash flow hedge, period (in months)       48 months    
Percent of forecast sales and purchases hedged for 18 to 48 months       50.00%