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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2016
Income Tax Disclosure [Abstract] |
Schedule of Components of Income Tax Expense (Benefit) | The (provision for)/benefit from income taxes consisted of the following:
| 2016 |  | 2015 |  | 2014
Current |  |  |  |  |
U.S. federal | — |  |  |  | ($624 | ) |  |  | $27,521 |
State | (254 | ) |  | 226 |  |  | 1,353 |
Foreign | (241 | ) |  | (308 | ) |  | — |
| (495 | ) |  | (706 | ) |  | 28,874 |
Deferred |  |  |  |  |
U.S. federal | 5,403 |  |  | 3,702 |  |  | (7,260 | )
State | (280 | ) |  | 107 |  |  | (357 | )
Foreign | (6,079 | ) |  | 2,360 |  |  | 1,633 |
| (956 | ) |  | 6,169 |  |  | (5,984 | )
Changes in valuation allowance | (3,613 | ) |  | (4,604 | ) |  | (13,289 | )
Total |  | ($5,064 | ) |  |  | $859 |  |  |  | $9,601 |
Schedule of Effective Income Tax Rate Reconciliation | A reconciliation of the U.S. federal statutory income tax rate to the actual income tax rate was as follows:
|  | 2016 |  | 2015 |  | 2014
U.S. federal statutory income tax rate |  |  | ($77,992 | ) |  | 35.0 | % |  |  | ($15,079 | ) |  | 35.0 | % |  |  | ($15,695 | ) |  | 35.0 | %
U.S. and foreign REIT income and U.S. TRS taxable losses |  | 72,507 |  |  | (32.5 | ) |  | 19,446 |  |  | (45.1 | ) |  | 32,058 |  |  | (71.5 | )
Foreign TRS operations |  | 1,098 |  |  | (0.5 | ) |  | 1,097 |  |  | (2.6 | ) |  | (159 | ) |  | 0.4 |
U.S. net deferred tax asset valuation allowance |  | (3,613 | ) |  | 1.6 |  |  | (3,607 | ) |  | 8.4 |  |  | — |  |  | — |
CBPC valuation allowance |  | — |  |  | — |  |  | (997 | ) |  | 2.3 |  |  | (13,644 | ) |  | 30.4 |
Deferred tax inventory valuations |  | — |  |  | — |  |  | — |  |  | — |  |  | 5,151 |  |  | (11.5 | )
Uncertain tax positions |  | — |  |  | — |  |  | — |  |  | — |  |  | 1,830 |  |  | (4.1 | )
Other |  | 2,936 |  |  | (1.3 | ) |  | (1 | ) |  | — |  |  | 60 |  |  | (0.1 | )
Income tax (expense) benefit as reported for continuing operations |  |  | ($5,064 | ) |  | 2.3 | % |  | 859 |  |  | (2.0 | )% |  |  | $9,601 |  |  | (21.4 | )%
Schedule of Deferred Tax Assets and Liabilities | The nature of the temporary differences and the resulting net deferred tax asset/liability for the two years ended December 31, were as follows:
| 2016 |  | 2015
Gross deferred tax assets: |  |  |
Pension, postretirement and other employee benefits |  | $1,648 |  |  |  | $1,040 |
New Zealand JV | 60,452 |  |  | 65,078 |
CBPC Tax Credit Carry Forwards (a) | 14,641 |  |  | 14,641 |
Capitalized real estate costs | 11,489 |  |  | 9,378 |
U.S. TRS Net Operating Loss | 4,730 |  |  | 2,327 |
Other | 9,165 |  |  | 7,050 |
Total gross deferred tax assets | 102,125 |  |  | 99,514 |
Less: Valuation allowance | (21,861 | ) |  | (18,248 | )
Total deferred tax assets after valuation allowance |  | $80,264 |  |  |  | $81,266 |
Gross deferred tax liabilities: |  |  |
Accelerated depreciation | (1,322 | ) |  | (1,357 | )
Repatriation of foreign earnings | (7,368 | ) |  | (7,251 | )
New Zealand JV | (70,315 | ) |  | (68,551 | )
Timber installment sale | (7,601 | ) |  | (7,511 | )
Other | (3,833 | ) |  | (311 | )
Total gross deferred tax liabilities | (90,439 | ) |  | (84,981 | )
Net deferred tax (liability)/asset reported as noncurrent |  | ($10,175 | ) |  |  | ($3,715 | )
(a) | In 2015, a $1.0 million return to accrual adjustment was made in conjunction with the filing of the Company’s 2014 U.S. federal income tax return.
Summary of Operating Loss and Tax Credit Carryforwards | Included above are the following foreign net operating loss (“NOL”) and tax credit carryforwards as of December 31, 2016:
| Gross Amount |  | Valuation Allowance |  | Expiration
2016 |  |  |  |  |
New Zealand JV NOL Carryforwards |  | $215,898 |  |  | — |  | None
U.S. Net Deferred Tax Asset | 7,220 |  |  | (7,220 | ) |  | None
Cellulosic Biofuel Producer Credit (a) | 14,641 |  |  | (14,641 | ) |  | 2019
Total Valuation Allowance |  |  |  | ($21,861 | ) |  |
2015 |  |  |  |  |
New Zealand JV NOL Carryforwards |  | $232,846 |  |  | — |  | None
U.S. Net Deferred Tax Asset | 3,607 |  |  | (3,607 | ) |  | None
Cellulosic Biofuel Producer Credit (a) | 14,641 |  |  | (14,641 | ) |  | 2019
Total Valuation Allowance |  |  |  | ($18,248 | ) |  |
(a) | In 2015, a $1.0 million return to accrual adjustment was made in conjunction with the filing of the Company’s 2014 U.S. federal income tax return.
Summary of Income Tax Contingencies | A reconciliation of the beginning and ending unrecognized tax benefits for the three years ended December 31 is as follows:
| 2016 |  | 2015 |  | 2014
Balance at January 1, |  | $135 |  |  | — |  |  |  | $10,547 |
Decreases related to prior year tax positions | — |  |  | — |  |  | (10,547 | )
Increases related to prior year tax positions | — |  |  | 135 |  |  | — |
Balance at December 31, |  | $135 |  |  |  | $135 |  |  | — |
Summary of Income Tax Examinations | The following table provides detail of the tax years that remain open to examination by the IRS and other significant taxing jurisdictions:
Taxing Jurisdiction | Open Tax Years
U.S. Internal Revenue Service | 2013 - 2016
New Zealand Inland Revenue | 2012 - 2016

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