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SEGMENT AND GEOGRAPHICAL INFORMATION (Schedule of Operating Income (Loss)) (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2017 | Jun. 30, 2016 | Jun. 30, 2017 | Jun. 30, 2016
Segment Reporting Information [Line Items] |  |  |  |
Total Operating Income | $ 46,893 | $ 121,567 | $ 96,154 | $ 144,564
Unallocated interest expense and other | (8,627) | (7,712) | (16,524) | (16,432)
INCOME BEFORE INCOME TAXES | 38,266 | 113,855 | 79,630 | 128,132
Real Estate | Dispositions | Timberland |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Total Operating Income |  | 101,300 | 28,200 | 101,300
Operating Segments | Southern Timber |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Total Operating Income | 9,655 | 11,039 | 23,594 | 26,793
Operating Segments | Pacific Northwest Timber |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Total Operating Income | (1,535) | 1,034 | (2,413) | 2,419
Operating Segments | New Zealand Timber |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Total Operating Income | 26,804 | 10,028 | 37,046 | 14,772
Operating Segments | Real Estate |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Total Operating Income | 16,133 | 105,695 | 45,798 | 109,920
Operating Segments | Trading |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Total Operating Income | 1,141 | 625 | 2,239 | 975
Corporate and other |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Total Operating Income | $ (5,305) | $ (6,854) | $ (10,110) | $ (10,315)

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