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HIGHER AND BETTER USE TIMBERLANDS AND REAL ESTATE DEVELOPMENT INVESTMENTS (Tables)
 12 Months Ended
Dec. 31, 2023
Inventory Disclosure [Abstract]  
Schedule of Higher and Better Use Timberlands and Real Estate Development Investments Changes in higher and better use timberlands and real estate development investments from December 31, 2022 to December 31, 2023 are shown below:
Higher and Better Use Timberlands and Real Estate Development Investments
 Land and Timber Development InvestmentsTotal
Non-current portion at December 31, 2022
$91,374 $23,723 $115,097 
Plus: Current portion (a)408 17,501 17,909 
Total Balance at December 31, 2022
91,782 41,224 133,006 
Non-cash cost of land and improved development(2,122)(16,261)(18,383)
Amortization of parcel real estate development investments— (12,628)(12,628)
Timber depletion from harvesting activities and basis of timber sold in real estate sales(1,732)— (1,732)
Capitalized real estate development investments (b)— 30,913 30,913 
Capital expenditures (silviculture)136 — 136 
Intersegment transfers621 — 621 
Total Balance at December 31, 2023
88,685 43,248 131,933 
Less: Current portion (a)(1,699)(24,639)(26,338)
Non-current portion at December 31, 2023
$86,986 $18,609 $105,595 
(a)The current portion of Higher and Better Use Timberlands and Real Estate Development Investments is recorded in Inventory. See Note 15 — Inventory for additional information.
(b)Capitalized real estate development investments includes $1.0 million of capitalized interest and $7.8 million of parcel real estate development investments. Parcel real estate development investments represent investments made for specific lots and/or commercial parcels that are currently under contract or expected to be ready for market within one year.