XML 24 R11.htm IDEA: XBRL DOCUMENT
v3.4.0.3

SEGMENT AND GEOGRAPHICAL INFORMATION | 3 Months Ended
--- | ---
Mar. 31, 2016
Segment Reporting [Abstract] |
Segment and Geographical Information | SEGMENT AND GEOGRAPHICAL INFORMATION Sales between operating segments are made based on estimated fair market value and intercompany sales, purchases and profits (losses) are eliminated in consolidation. The Company evaluates financial performance based on segment operating income and Adjusted EBITDA. Asset information is not reported by segment, as the company does not produce asset information by segment internally. Operating income as presented in the Consolidated Statements of Income and Comprehensive Income is equal to segment income. Certain income (loss) items in the Consolidated Statements of Income and Comprehensive Income are not allocated to segments. These items, which include gains (losses) from certain asset dispositions, interest income (expense), miscellaneous income (expense) and income tax (expense) benefit, are not considered by management to be part of segment operations and are included under “Corporate and other.” Segment information for the three months ended March 31, 2016 and 2015 were as follows:
| Three Months Ended March 31,
SALES | 2016 |  | 2015
Southern Timber |  | $44,740 |  |  |  | $35,531 |
Pacific Northwest Timber | 19,309 |  |  | 19,154 |
New Zealand Timber | 36,023 |  |  | 41,194 |
Real Estate | 13,363 |  |  | 23,791 |
Trading | 21,408 |  |  | 20,635 |
Total |  | $134,843 |  |  |  | $140,305 |
| Three Months Ended March 31,
OPERATING INCOME | 2016 |  | 2015
Southern Timber |  | $15,753 |  |  |  | $12,413 |
Pacific Northwest Timber | 1,385 |  |  | 2,587 |
New Zealand Timber | 4,744 |  |  | 5,694 |
Real Estate | 4,225 |  |  | 12,582 |
Trading | 350 |  |  | 270 |
Corporate and other | (3,460 | ) |  | (5,799 | )
Total Operating Income | 22,997 |  |  | 27,747 |
Unallocated interest expense and other | (8,720 | ) |  | (10,038 | )
Total Income before Income Taxes |  | $14,277 |  |  |  | $17,709 |
| Three Months Ended March 31,
DEPRECIATION, DEPLETION AND AMORTIZATION | 2016 |  | 2015
Southern Timber |  | $16,556 |  |  |  | $14,301 |
Pacific Northwest Timber | 4,639 |  |  | 3,790 |
New Zealand Timber | 4,860 |  |  | 8,003 |
Real Estate | 3,203 |  |  | 3,812 |
Trading | — |  |  | — |
Corporate and other | 84 |  |  | 69 |
Total |  | $29,342 |  |  |  | $29,975 |
| Three Months Ended March 31,
NON-CASH COST OF LAND AND IMPROVED DEVELOPMENT | 2016 |  | 2015
Southern Timber | — |  |  | — |
Pacific Northwest Timber | — |  |  | — |
New Zealand Timber | 1,824 |  |  | — |
Real Estate | 2,284 |  |  | 3,747 |
Trading | — |  |  | — |
Corporate and other | — |  |  | — |
Total |  | $4,108 |  |  |  | $3,747 |

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration