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Timber and Timberlands
12 Months Ended
Dec. 31, 2020
Timber And Timberlands [Abstract]  
Timber and Timberlands

NOTE 7.  TIMBER AND TIMBERLANDS

Timber and Timberlands consist of the following at December 31:

 

(in thousands)

 

2020

 

 

2019

 

Timber and timberlands

 

$

1,516,788

 

 

$

1,554,882

 

Logging roads

 

 

83,273

 

 

 

83,781

 

Total timber and timberlands, net

 

$

1,600,061

 

 

$

1,638,663

 

 

Depletion from company-owned lands totaled $46.3 million, $41.7 million and $43.9 million in 2020, 2019 and 2018, respectively. Amortization of road costs, such as bridges, culverts and gravel surfacing, totaled $3.6 million, $3.6 million and $3.4 million in 2020, 2019 and 2018, respectively.

Future payments due under timber cutting contracts at December 31, 2020 were $17.6 million.