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HIGHER AND BETTER USE TIMBERLANDS AND REAL ESTATE DEVELOPMENT INVESTMENTS (Tables) | 6 Months Ended
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Jun. 30, 2018
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 investments from December 31, 2017 to June 30, 2018 is shown below:
| Higher and Better Use Timberlands and Real Estate Development Investments
| Land and Timber |  | Development Investments |  | Total
Non-current portion at December 31, 2017 |  | $59,653 |  |  |  | $21,144 |  |  |  | $80,797 |
Plus: Current portion (a) | 6,702 |  |  | 11,648 |  |  | 18,350 |
Total Balance at December 31, 2017 | 66,355 |  |  | 32,792 |  |  | 99,147 |
Non-cash cost of land and improved development | (1,034 | ) |  | (1,853 | ) |  | (2,887 | )
Timber depletion from harvesting activities and basis of timber sold in real estate sales | (929 | ) |  | — |  |  | (929 | )
Capitalized real estate development investments (b) | — |  |  | 4,500 |  |  | 4,500 |
Capital expenditures (silviculture) | 47 |  |  | — |  |  | 47 |
Intersegment transfers | 1,325 |  |  | — |  |  | 1,325 |
Total Balance at June 30, 2018 | 65,764 |  |  | 35,439 |  |  | 101,203 |
Less: Current portion (a) | (4,241 | ) |  | (10,007 | ) |  | (14,248 | )
Non-current portion at June 30, 2018 |  | $61,523 |  |  |  | $25,432 |  |  |  | $86,955 |
(a) | The current portion of Higher and Better Use Timberlands and Real Estate Development Investments is recorded in Inventory. See Note 16 — Inventory for additional information.
(b) | Capitalized real estate development investments include $0.3 million of capitalized interest.

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