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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - 12 months ended Dec. 31, 2019 € in Thousands, R$ in Thousands, $ in Thousands | EUR (€) | BRL (R$) | USD ($) | BRL (R$)
--- | --- | --- | --- | ---
Biological assets |  |  |  |
Period of forest formation in which historical cost approximates fair value | 2 years | 2 years |  |
Ensyn Corporation |  |  |  |
New standards, revisions and interpretation not yet in force |  |  |  |
Goodwill |  |  | $ 40,049 | R$ 154,578
Consideration paid |  |  | 43,000 | 165,928
Carrying amount of the net assets of the investee |  |  | $ 2,941 | 11,350
Spinnova Oy |  |  |  |
New standards, revisions and interpretation not yet in force |  |  |  |
Bargain purchase | € 6,748 | R$ 32,705 |  |
Consideration paid | 12,500 |  |  | 55,928
Carrying amount of the net assets of the investee | € 19,248 |  |  | R$ 87,915

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- Definition The fair value, at acquisition date, of the consideration transferred in a business combination. [Refer: Business combinations [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 3 -IssueDate 2019-01-01 -Paragraph B64 -Subparagraph f -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=3&code=ifrs-tx-2019-en-r&anchor=para_B64_f&doctype=Appendix&subtype=B -URIDate 2019-03-27 + Details
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- Definition The amount of any gain recognised in a business combination in which the net of the identifiable assets acquired and the liabilities assumed exceeds the aggregate of the consideration transferred, non-controlling interest in the acquiree and fair value of the acquirer's previously held equity interest in the acquiree. [Refer: Business combinations [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 3 -IssueDate 2019-01-01 -Paragraph B64 -Subparagraph n -Clause i -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=3&code=ifrs-tx-2019-en-r&anchor=para_B64_n_i&doctype=Appendix&subtype=B -URIDate 2019-03-27 + Details
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- Definition The period of harvest cycle with productivity and area of plantation for determining the fair value of biological assets, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Includes, but not limited to, weeks in a year or quarter. + References No definition available. + Details
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