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v3.21.2

DEBT - Schedule of Long Term Debt (Details) - USD ($) $ in Thousands | 6 Months Ended |  |
--- | --- | --- | ---
Jun. 30, 2021 | May 31, 2021 | Dec. 31, 2020
Debt Instrument [Line Items] |  |  |
Total long-term debt, net | $ 1,252,643 |  |
Excluding Timber Funds |  |  |
Debt Instrument [Line Items] |  |  |
Total long-term debt | 1,394,171 |  |
Add: Fair value adjustments, excluding Timber Funds | 7,478 |  |
Less: Unamortized discounts, excluding Timber Funds | (3,583) |  |
Current maturities of long-term debt, excluding Timber Funds (c) | (199,830) |  | $ 0
Less: Deferred financing costs, excluding Timber Funds | (5,348) |  |
Total long-term debt, net | 1,192,888 |  | 1,300,336
Timber Funds |  |  |
Debt Instrument [Line Items] |  |  |
Total long-term debt | 57,380 |  |
Add: Fair value adjustments, excluding Timber Funds | 2,382 |  |
Less: Deferred financing costs, excluding Timber Funds | (7) |  |
Total long-term debt, net | 59,755 |  | $ 60,179
Term Credit Agreement borrowings due 2028 at a variable interest rate of 1.8% at March 31, 2021 | Excluding Timber Funds |  |  |
Debt Instrument [Line Items] |  |  |
Total long-term debt | $ 350,000 |  |
Stated interest rate | 1.70% |  |
Effective fixed interest rate | 3.10% |  |
Term Credit Agreement borrowings due 2028 at a variable interest rate of 1.8% at March 31, 2021 | Excluding Timber Funds | LIBOR |  |  |
Debt Instrument [Line Items] |  |  |
Basis points on periodic interest rate | 1.60% |  |
Senior Notes due 2022 at a fixed interest rate of 3.75% | Excluding Timber Funds |  |  |
Debt Instrument [Line Items] |  |  |
Total long-term debt | $ 325,000 |  |
Stated interest rate | 3.75% | 3.75% |
Senior Notes due 2031 at a fixed interest rate of 2.75% | Excluding Timber Funds |  |  |
Debt Instrument [Line Items] |  |  |
Total long-term debt | $ 450,000 |  |
Stated interest rate | 2.75% | 2.75% |
Incremental Term Loan Agreement borrowings due 2026 at a variable interest rate of 2.1% at March 31, 2021 | Excluding Timber Funds |  |  |
Debt Instrument [Line Items] |  |  |
Total long-term debt | $ 200,000 |  |
Stated interest rate | 1.70% |  |
Effective fixed interest rate | 2.40% |  |
Incremental Term Loan Agreement borrowings due 2026 at a variable interest rate of 2.1% at March 31, 2021 | Excluding Timber Funds | LIBOR |  |  |
Debt Instrument [Line Items] |  |  |
Basis points on periodic interest rate | 1.65% |  |
New Zealand subsidiary noncontrolling interests shareholder loan due 2025 at a fixed interest rate of 2.95% | Excluding Timber Funds |  |  |
Debt Instrument [Line Items] |  |  |
Total long-term debt | $ 24,171 |  |
Stated interest rate | 2.95% |  |
Due 2025 at a fixed interest rate of 6.1% | Excluding Timber Funds |  |  |
Debt Instrument [Line Items] |  |  |
Total long-term debt | $ 10,000 |  |
Stated interest rate | 6.10% |  |
Due 2028 at a fixed interest rate of 4.1% | Excluding Timber Funds |  |  |
Debt Instrument [Line Items] |  |  |
Total long-term debt | $ 11,000 |  |
Stated interest rate | 4.10% |  |
Due 2029 at a fixed interest rate of 5.3% | Excluding Timber Funds |  |  |
Debt Instrument [Line Items] |  |  |
Total long-term debt | $ 16,000 |  |
Stated interest rate | 5.30% |  |
Due 2029 at a fixed interest rate of 5.4% | Excluding Timber Funds |  |  |
Debt Instrument [Line Items] |  |  |
Total long-term debt | $ 8,000 |  |
Stated interest rate | 5.40% |  |
Due 2022 at a variable interest rate of 2.0% at June 30, 2021 | Timber Funds |  |  |
Debt Instrument [Line Items] |  |  |
Total long-term debt | $ 11,000 |  |
Stated interest rate | 2.00% |  |
Due 2022 at a variable interest rate of 2.0% at June 30, 2021 | Timber Funds |  |  |
Debt Instrument [Line Items] |  |  |
Total long-term debt | $ 14,000 |  |
Stated interest rate | 2.00% |  |
Due 2023 at a fixed interest rate of 5.1% | Timber Funds |  |  |
Debt Instrument [Line Items] |  |  |
Total long-term debt | $ 17,980 |  |
Stated interest rate | 5.10% |  |
Effective fixed interest rate | 3.90% |  |
Due 2024 at a fixed interest rate of 4.5% | Timber Funds |  |  |
Debt Instrument [Line Items] |  |  |
Total long-term debt | $ 14,400 |  |
Stated interest rate | 4.50% |  |
Effective fixed interest rate | 3.20% |  |

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