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HIGHER AND BETTER USE TIMBERLANDS AND REAL ESTATE DEVELOPMENT COSTS (Tables) | 6 Months Ended
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Jun. 30, 2015
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 costs from December 31, 2014 to June 30, 2015 is shown below:
| Higher and Better Use Timberlands and Real Estate Development Costs
| Land and Timber |  | Development Costs |  | Total
Non-current portion at December 31, 2014 |  | $65,959 |  |  |  | $11,474 |  |  |  | $77,433 |
Plus: Current portion (a) | 4,875 |  |  | 57 |  |  | 4,932 |
Total Balance at December 31, 2014 | 70,834 |  |  | 11,531 |  |  | 82,365 |
Non-cash cost of land sold and real estate development costs recovered upon sale | (4,205 | ) |  | (57 | ) |  | (4,262 | )
Timber depletion from harvesting activities and basis of timber sold in real estate sales | (1,340 | ) |  | — |  |  | (1,340 | )
Capitalized real estate development costs (b) | — |  |  | 926 |  |  | 926 |
Capital expenditures (silviculture) | 100 |  |  | — |  |  | 100 |
Acquisitions | — |  |  | — |  |  | — |
Transfers | — |  |  | — |  |  | — |
Other | — |  |  | (28 | ) |  | (28 | )
Total Balance at June 30, 2015 | 65,389 |  |  | 12,372 |  |  | 77,761 |
Less: Current portion (a) | (7,488 | ) |  | (547 | ) |  | (8,035 | )
Non-current portion at June 30, 2015 |  | $57,901 |  |  |  | $11,825 |  |  |  | $69,726 |
(a) | The current portion of Higher and Better Use Timberlands and Real Estate Development Costs is recorded in Inventory. See Note 14 — Inventory for additional information.
(b) | Capitalized real estate development costs for the six months ended June 30, 2015 of $926,000 consisted of $578,000 in cash outflows and a $348,000 change in accrued spending.

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