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v3.20.1

Segment Information (Tables) | 3 Months Ended
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Mar. 31, 2020
Segment Reporting [Abstract] |
Summary of Information by Business Segment |
|  | Three Months Ended March 31, |
(in thousands) |  | 2020 |  |  | 2019 |
Revenues: |  |  |  |  |  |  |  |
Timberlands |  | $ | 82,425 |  |  | $ | 68,158 |
Wood Products |  |  | 145,000 |  |  |  | 132,306 |
Real Estate |  |  | 10,969 |  |  |  | 6,164 |
|  |  | 238,394 |  |  |  | 206,628 |
Intersegment Timberlands revenues1 |  |  | (29,514 | ) |  |  | (24,912 | )
Consolidated revenues |  | $ | 208,880 |  |  | $ | 181,716 |
Adjusted EBITDDA: |  |  |  |  |  |  |  |
Timberlands |  | $ | 34,982 |  |  | $ | 26,850 |
Wood Products |  |  | 13,229 |  |  |  | 7,226 |
Real Estate |  |  | 7,340 |  |  |  | 2,703 |
Corporate |  |  | (8,672 | ) |  |  | (10,654 | )
Eliminations and adjustments |  |  | 692 |  |  |  | 2,127 |
Total Adjusted EBITDDA |  |  | 47,571 |  |  |  | 28,252 |
Basis of real estate sold |  |  | (6,498 | ) |  |  | (1,556 | )
Depreciation, depletion and amortization |  |  | (18,638 | ) |  |  | (15,797 | )
Interest expense, net2 |  |  | (3,698 | ) |  |  | (5,464 | )
Loss on extinguishment of debt |  |  | — |  |  |  | (5,512 | )
Pension settlement charge |  |  | (42,988 | ) |  |  | — |
Non-operating pension and other postretirement employee benefits |  |  | (3,635 | ) |  |  | (980 | )
Gain on disposal of fixed assets |  |  | 192 |  |  |  | 32 |
Gain on sale of facility |  |  | — |  |  |  | 9,176 |
(Loss) income before income taxes |  | $ | (27,694 | ) |  | $ | 8,151 |
Depreciation, depletion and amortization: |  |  |  |  |  |  |  |
Timberlands |  | $ | 12,591 |  |  | $ | 10,265 |
Wood Products |  |  | 5,630 |  |  |  | 5,042 |
Real Estate |  |  | 160 |  |  |  | 209 |
Corporate |  |  | 257 |  |  |  | 281 |
|  |  | 18,638 |  |  |  | 15,797 |
Bond discounts and deferred loan fees2 |  |  | 406 |  |  |  | 477 |
Total depreciation, depletion and amortization |  | $ | 19,044 |  |  | $ | 16,274 |
Basis of real estate sold: |  |  |  |  |  |  |  |
Real Estate |  | $ | 6,504 |  |  | $ | 1,588 |
Eliminations and adjustments |  |  | (6 | ) |  |  | (32 | )
Total basis of real estate sold |  | $ | 6,498 |  |  | $ | 1,556 |
1 | Intersegment revenues represent logs sold by our Timberlands segment to our Wood Products segment.
2 | Bond discounts and deferred loan fees are reported within interest expense, net on the Condensed Consolidated Statements of Operations.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
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