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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 484,018 $ 296,151
Customer receivables, net 37,224 31,028
Inventories, net 62,584 72,369
Other current assets 41,551 21,630
Total current assets 625,377 421,178
Property, plant and equipment, net 319,232 292,320
Investment in real estate held for development and sale 57,458 65,604
Timber and timberlands, net 2,520,505 1,682,671
Intangible assets, net 17,906 15,491
Other long-term assets 184,310 57,951
Total assets 3,724,788 2,535,215
Current liabilities:    
Accounts payable and accrued liabilities 111,607 78,209
Current portion of long-term debt 39,996 42,977
Current portion of pension and other postretirement employee benefits 4,993 4,993
Total current liabilities 156,596 126,179
Long-term debt 992,507 715,279
Pension and other postretirement employee benefits 92,990 83,674
Deferred tax liabilities, net 38,469 34,874
Other long-term obligations 38,807 49,076
Total liabilities 1,319,369 1,009,082
Commitments and contingencies
Stockholders' equity:    
Preferred stock, authorized 4,000 shares, no shares issued
Common stock, $1 par value, authorized 100,000 shares, issued and outstanding 80,777 and 69,064 shares 80,777 69,064
Additional paid-in capital 2,292,130 1,781,217
Accumulated deficit (52,089) (280,910)
Accumulated other comprehensive income (loss) 84,601 (43,238)
Total stockholders’ equity 2,405,419 1,526,133
Total liabilities and stockholders' equity $ 3,724,788 $ 2,535,215