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SUBSEQUENT EVENTS (Details) - BRL (R$) R$ in Thousands | Feb. 09, 2021 | Jan. 05, 2021
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Purchase and sale agreement |  |
Events subsequent to the reporting date |  |
Final purchase price to be paid by the Buyers |  | R$ 1,056,755
Amounts recognized in other liabilities |  | 375,850
Amount recognized in other operating results |  | 680,895
Cost of properties recognized in other operating results |  | 289,867
Net income from sale of rural properties |  | 391,028
Transfer of lease agreements |  | 1
Amount received for the sale of rural properties classified as marketable securities of long-term as escrow account |  | 50,415
Estimated regularization costs |  | R$ 8,000
Early settlement of financing with BNDES |  |
Events subsequent to the reporting date |  |
Transaction amount settled | R$ 1,453,842 |
Transaction costs related to early settlement of financing | R$ 30,000 |
Early settlement of financing with BNDES | SELIC |  |
Events subsequent to the reporting date |  |
Interest rate basis | SELIC + 3% |
Basis spread (as a percent) | 3.00% |
Early settlement of financing with BNDES | TJLP |  |
Events subsequent to the reporting date |  |
Interest rate basis | TJLP + 2% |
Basis spread (as a percent) | 2.00% |

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- Definition The amount recognized in other liabilities related to the sale of eucalyptus forests (mature) and biological assets in formation (immature), which will be recognized in other operating results upon delivery of the wood. + References No definition available. + Details
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