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v3.23.2

Segment Information (Summary of Information by Business Segment) (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022
Segment Reporting Information [Line Items] |  |  |  |  |
Adjusted EBITDDA |  | $ 45,445 | $ 175,170 | $ 103,222 | $ 420,732
Interest expense, net | [1] | (7,613) | (7,419) | (7,812) | (10,313)
Depreciation, depletion and amortization |  | (27,087) | (20,007) | (58,851) | (39,509)
Basis of real estate sold |  | (4,884) | (7,325) | (15,515) | (18,179)
CatchMark merger-related expenses |  | (244) | 0 | (2,453) | 0
Gain on fire damage |  | 23,110 | 9,868 | 23,110 | 9,592
Pension settlement charge |  | 0 | 0 | 0 | (14,165)
Non-operating pension and other postretirement employee benefit costs |  | (229) | (1,809) | (457) | (3,738)
(Loss) gain on disposal of fixed assets |  | (21) | 13 | (21) | 16
Other |  | 258 | 0 | 268 | 0
Income before income taxes |  | 28,735 | 148,491 | 41,491 | 344,436
Bond discounts and deferred loan fees | [1] | 409 | 372 | 818 | 744
Total depreciation, depletion and amortization |  | 27,496 | 20,379 | 59,669 | 40,253
Operating Segments [Member] |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Depreciation, depletion and amortization |  | 27,087 | 20,007 | 58,851 | 39,509
Operating Segments [Member] | Timberlands [Member] |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Adjusted EBITDDA |  | 29,316 | 57,890 | 75,955 | 134,324
Depreciation, depletion and amortization |  | (15,895) | (11,563) | (36,356) | (23,724)
Operating Segments [Member] | Wood Products [Member] |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Adjusted EBITDDA |  | 11,967 | 107,256 | 11,936 | 257,207
Depreciation, depletion and amortization |  | (10,948) | (8,136) | (21,983) | (15,157)
Operating Segments [Member] | Real Estate Segment [Member] |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Adjusted EBITDDA |  | 12,237 | 21,816 | 31,702 | 51,940
Depreciation, depletion and amortization |  | 121 | 173 | 277 | 343
Basis of real estate sold |  | 4,887 | 7,328 | 15,518 | 18,188
Corporate [Member] |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Adjusted EBITDDA |  | (10,521) | (13,912) | (21,262) | (23,496)
Depreciation, depletion and amortization |  | 123 | 135 | 235 | 285
Intersegment Eliminations [Member] |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Adjusted EBITDDA |  | 2,446 | 2,120 | 4,891 | 757
Basis of real estate sold |  | $ (3) | $ (3) | $ (3) | $ (9)
[1] | Bond discounts and deferred loan fees are reported within interest expense, net on the Condensed Consolidated Statements of Operations.

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