XML 53 R38.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Segment and Geographical Information (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2016
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | Segment information for each of the three years ended December 31, 2016 follows:
| Sales
| 2016 |  | 2015 |  | 2014
Southern Timber |  | $132,855 |  |  |  | $139,093 |  |  |  | $141,833 |
Pacific Northwest Timber | 75,187 |  |  | 76,488 |  |  | 102,232 |
New Zealand Timber | 172,574 |  |  | 161,570 |  |  | 182,421 |
Real Estate (a) | 299,350 |  |  | 86,493 |  |  | 77,281 |
Trading | 108,312 |  |  | 81,230 |  |  | 103,678 |
Intersegment Eliminations | — |  |  | — |  |  | (3,924 | )
Total |  | $788,278 |  |  |  | $544,874 |  |  |  | $603,521 |
(a) Includes $207.3 million related to Large Dispositions in 2016.
| Operating Income/(Loss)
| 2016 |  | 2015 |  | 2014
Southern Timber |  | $43,098 |  |  |  | $46,669 |  |  |  | $45,651 |
Pacific Northwest Timber | (3,992 | ) |  | 6,917 |  |  | 29,539 |
New Zealand Timber | 33,072 |  |  | 2,775 |  |  | 9,474 |
Real Estate (a) | 202,379 |  |  | 44,263 |  |  | 47,474 |
Trading | 2,002 |  |  | 1,247 |  |  | 1,687 |
Corporate and other | (20,782 | ) |  | (24,087 | ) |  | (35,536 | )
Total Operating Income | 255,777 |  |  | 77,784 |  |  | 98,289 |
Unallocated interest expense and other | (32,943 | ) |  | (34,702 | ) |  | (53,447 | )
Total income from continuing operations before income taxes |  | $222,834 |  |  |  | $43,082 |  |  |  | $44,842 |
(a) Includes $143.9 million related to Large Dispositions in 2016.
| Gross Capital Expenditures
| 2016 |  | 2015 |  | 2014
Capital Expenditures (a) |  |  |  |  |
Southern Timber |  | $33,487 |  |  |  | $33,245 |  |  |  | $36,033 |
Pacific Northwest Timber | 8,036 |  |  | 8,515 |  |  | 9,742 |
New Zealand Timber | 16,095 |  |  | 15,143 |  |  | 17,344 |
Real Estate | 315 |  |  | 313 |  |  | 195 |
Trading | — |  |  | — |  |  | — |
Corporate and other | 790 |  |  | 77 |  |  | 399 |
Total capital expenditures |  | $58,723 |  |  |  | $57,293 |  |  |  | $63,713 |
Timberland Acquisitions |  |  |  |  |
Southern Timber |  | $103,947 |  |  |  | $54,408 |  |  |  | $125,650 |
Pacific Northwest Timber | 262,534 |  |  | 34,052 |  |  | 1,878 |
New Zealand Timber | — |  |  | 9,949 |  |  | 923 |
Real Estate | — |  |  | — |  |  | 2,445 |
Trading | — |  |  | — |  |  | — |
Corporate and other | — |  |  | — |  |  | — |
Total timberland acquisitions |  | $366,481 |  |  |  | $98,409 |  |  |  | $130,896 |
Total Gross Capital Expenditures |  | $425,204 |  |  |  | $155,702 |  |  |  | $194,609 |
(a) | Excludes timberland acquisitions presented separately.
| Depreciation, Depletion and Amortization
| 2016 |  | 2015 |  | 2014
Southern Timber |  | $49,747 |  |  |  | $54,299 |  |  |  | $52,307 |
Pacific Northwest Timber | 25,246 |  |  | 14,842 |  |  | 21,282 |
New Zealand Timber | 23,447 |  |  | 29,741 |  |  | 32,161 |
Real Estate (a) | 52,304 |  |  | 14,533 |  |  | 13,355 |
Trading | — |  |  | — |  |  | — |
Corporate and other | 402 |  |  | 293 |  |  | 875 |
Total |  | $151,146 |  |  |  | $113,708 |  |  |  | $119,980 |
(a) | Includes $36.1 million related to Large Dispositions in 2016.
| Non-Cash Cost of Land and Improved Development
| 2016 |  | 2015 |  | 2014
Southern Timber | — |  |  | — |  |  | — |
Pacific Northwest Timber | — |  |  | — |  |  | — |
New Zealand Timber | 1,824 |  |  | 467 |  |  | 4,328 |
Real Estate (a) | 32,038 |  |  | 12,042 |  |  | 8,936 |
Trading | — |  |  | — |  |  | — |
Corporate and other | — |  |  | — |  |  | — |
Total |  | $33,862 |  |  |  | $12,509 |  |  |  | $13,264 |
(a) Includes $22.2 million related to Large Dispositions in 2016.
| Sales by Product Line
| 2016 |  | 2015 |  | 2014
Southern Timber |  | $132,855 |  |  |  | $139,093 |  |  |  | $141,833 |
Pacific Northwest Timber | 75,187 |  |  | 76,488 |  |  | 102,232 |
New Zealand Timber | 172,574 |  |  | 161,570 |  |  | 182,421 |
Real Estate |  |  |  |  |
Improved Development | 1,740 |  |  | 2,610 |  |  | — |
Unimproved Development | 5,540 |  |  | 6,399 |  |  | 4,794 |
Rural | 18,672 |  |  | 22,653 |  |  | 40,954 |
Non-Strategic / Timberlands | 66,133 |  |  | 54,831 |  |  | 9,533 |
Large Dispositions | 207,265 |  |  | — |  |  | 22,000 |
Total Real Estate | 299,350 |  |  | 86,493 |  |  | 77,281 |
Trading | 108,312 |  |  | 81,230 |  |  | 103,678 |
Intersegment eliminations | — |  |  | — |  |  | (3,924 | )
Total Sales |  | $788,278 |  |  |  | $544,874 |  |  |  | $603,521 |
Schedule of Disclosure on Geographic Areas, Long-Lived Assets in Individual Foreign Countries by Country |
| Geographical Operating Information
| Sales |  | Operating Income |  | Identifiable Assets
| 2016 |  | 2015 |  | 2014 |  | 2016 |  | 2015 |  | 2014 |  | 2016 |  | 2015
United States |  | $507,391 |  |  |  | $302,074 |  |  |  | $317,422 |  |  |  | $220,703 |  |  |  | $73,749 |  |  |  | $87,116 |  |  |  | $2,181,658 |  |  |  | $1,823,137 |
New Zealand | 280,887 |  |  | 242,800 |  |  | 286,099 |  |  | 35,074 |  |  | 4,035 |  |  | 11,173 |  |  | 504,102 |  |  | 492,801 |
Total |  | $788,278 |  |  |  | $544,874 |  |  |  | $603,521 |  |  |  | $255,777 |  |  |  | $77,784 |  |  |  | $98,289 |  |  |  | $2,685,760 |  |  |  | $2,315,938 |

X
- Definition Tabular disclosure of the names of foreign countries in which material long-lived assets other than financial instruments, long-term customer relationships of a financial institution, mortgage and other servicing rights, deferred policy acquisition costs, and deferred tax assets are located, and amount of such long-lived assets located in that country or foreign geographic area. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9038-108599 + Details
Name: | us-gaap_ScheduleOfEntityWideDisclosureOnGeographicAreasLongLivedAssetsInIndividualForeignCountriesByCountryTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: 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 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8736-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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