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Revenue Recognition (Tables) | 6 Months Ended
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Jun. 30, 2019
Revenue From Contract With Customer [Abstract] |
Summary of Revenues by Major Product | The following table represents our revenues by major product. For additional information regarding our segments, see Note 6: Segment Information.
| Three Months Ended June 30, |  |  | Six Months Ended June 30, |
(in thousands) | 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018 |
Timberlands |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Northern region |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Sawlogs | $ | 30,467 |  |  | $ | 49,627 |  |  | $ | 62,966 |  |  | $ | 99,211 |
Pulpwood |  | 1,148 |  |  |  | 1,299 |  |  |  | 3,209 |  |  |  | 3,079 |
Stumpage |  | — |  |  |  | 57 |  |  |  | 106 |  |  |  | 136 |
Other |  | 353 |  |  |  | 252 |  |  |  | 564 |  |  |  | 468 |
|  | 31,968 |  |  |  | 51,235 |  |  |  | 66,845 |  |  |  | 102,894 |
Southern region |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Sawlogs |  | 20,979 |  |  |  | 25,190 |  |  |  | 39,416 |  |  |  | 39,220 |
Pulpwood |  | 11,282 |  |  |  | 13,468 |  |  |  | 23,093 |  |  |  | 22,438 |
Stumpage |  | 144 |  |  |  | 1,062 |  |  |  | 466 |  |  |  | 1,453 |
Other |  | 2,508 |  |  |  | 1,556 |  |  |  | 5,219 |  |  |  | 3,012 |
|  | 34,913 |  |  |  | 41,276 |  |  |  | 68,194 |  |  |  | 66,123 |
Total Timberlands revenues |  | 66,881 |  |  |  | 92,511 |  |  |  | 135,039 |  |  |  | 169,017 |
Wood Products |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Lumber |  | 103,054 |  |  |  | 133,788 |  |  |  | 193,559 |  |  |  | 228,781 |
Residuals and Panels |  | 34,976 |  |  |  | 59,797 |  |  |  | 76,777 |  |  |  | 104,619 |
Total Wood Products revenues |  | 138,030 |  |  |  | 193,585 |  |  |  | 270,336 |  |  |  | 333,400 |
Real Estate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Rural real estate |  | 30,315 |  |  |  | 12,669 |  |  |  | 34,534 |  |  |  | 21,502 |
Development real estate |  | 3,755 |  |  |  | 1,743 |  |  |  | 4,428 |  |  |  | 2,962 |
Other1 |  | 2,362 |  |  |  | 2,019 |  |  |  | 3,634 |  |  |  | 2,522 |
Total Real Estate revenues |  | 36,432 |  |  |  | 16,431 |  |  |  | 42,596 |  |  |  | 26,986 |
Total segment revenues |  | 241,343 |  |  |  | 302,527 |  |  |  | 447,971 |  |  |  | 529,403 |
Intersegment Timberlands revenues2 |  | (25,762 | ) |  |  | (34,294 | ) |  |  | (50,674 | ) |  |  | (61,273 | )
Total consolidated revenues | $ | 215,581 |  |  | $ | 268,233 |  |  | $ | 397,297 |  |  | $ | 468,130 |
1 | Other Real Estate revenues primarily relate to the Chenal Country Club.
2 | Intersegment revenues represent logs sold by our Timberlands segment to our Wood Products segment.

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