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HIGHER AND BETTER USE TIMBERLANDS AND REAL ESTATE DEVELOPMENT INVESTMENTS (Tables) | 12 Months Ended
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Dec. 31, 2024
Real Estate [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, 2023 to December 31, 2024 are shown below:
| Higher and Better Use Timberlands and Real Estate Development Investments
| Land and Timber |  | Development Investments |  | Total
Non-current portion at December 31, 2023 | $86,986 |  |  | $18,609 |  |  | $105,595 |
Plus: Current portion (a) | 1,699 |  |  | 24,639 |  |  | 26,338 |
Total Balance at December 31, 2023 | 88,685 |  |  | 43,248 |  |  | 131,933 |
Non-cash cost of land and improved development | (14,588) |  |  | (19,232) |  |  | (33,820) |
Amortization of parcel real estate development investments | — |  |  | (6,669) |  |  | (6,669) |
Timber depletion from harvesting activities and basis of timber sold in real estate sales | (1,522) |  |  | — |  |  | (1,522) |
Capitalized real estate development investments (b) | — |  |  | 33,637 |  |  | 33,637 |
Capital expenditures (silviculture) | 340 |  |  | — |  |  | 340 |
Intersegment transfers | 15,319 |  |  | — |  |  | 15,319 |
Total Balance at December 31, 2024 | 88,234 |  |  | 50,984 |  |  | 139,218 |
Less: Current portion (a) | (1,402) |  |  | (28,206) |  |  | (29,608) |
Non-current portion at December 31, 2024 | $86,832 |  |  | $22,778 |  |  | $109,610 |
(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 includes $0.7 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.

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