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HIGHER AND BETTER USE TIMBERLANDS AND REAL ESTATE DEVELOPMENT INVESTMENTS (Tables) | 3 Months Ended
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Mar. 31, 2019
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, 2018 to March 31, 2019 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, 2018 |  | $59,189 |  |  |  | $26,420 |  |  |  | $85,609 |
Plus: Current portion (a) | 4,239 |  |  | 7,680 |  |  | 11,919 |
Total Balance at December 31, 2018 | 63,428 |  |  | 34,100 |  |  | 97,528 |
Non-cash cost of land and improved development | (974 | ) |  | (233 | ) |  | (1,207 | )
Timber depletion from harvesting activities and basis of timber sold in real estate sales | (1,020 | ) |  | — |  |  | (1,020 | )
Capitalized real estate development investments (b) | — |  |  | 1,677 |  |  | 1,677 |
Capital expenditures (silviculture) | 35 |  |  | — |  |  | 35 |
Intersegment transfers | 16 |  |  | — |  |  | 16 |
Total Balance at March 31, 2019 | 61,485 |  |  | 35,544 |  |  | 97,029 |
Less: Current portion (a) | (7,948 | ) |  | (12,794 | ) |  | (20,742 | )
Non-current portion at March 31, 2019 |  | $53,537 |  |  |  | $22,750 |  |  |  | $76,287 |
(a) | The current portion of Higher and Better Use Timberlands and Real Estate Development Investments is recorded in Inventory. See Note 17 — Inventory for additional information.
(b) Capitalized real estate development investments include $0.2 million of capitalized interest.

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