XML 41 R33.htm IDEA: XBRL DOCUMENT
v3.23.3

Leases (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2023
Leases [Abstract] |
Schedule of Supplemental Balance Sheet Information Related Leases Assets and Liabilities | The following table presents supplemental balance sheet information related to lease assets and liabilities:
(in thousands) | Classification |  | September 30, 2023 |  |  | December 31, 2022 |
Assets |  |  |  |  |  |  |
Operating lease assets | Other long-term assets |  | $ | 9,456 |  |  | $ | 9,306 |
Finance lease assets 1 | Property, plant and equipment, net |  |  | 11,608 |  |  |  | 13,213 |
Total lease assets |  |  | $ | 21,064 |  |  | $ | 22,519 |
Liabilities |  |  |  |  |  |  |
Current: |  |  |  |  |  |  |
Operating lease liabilities | Accounts payable and accrued liabilities |  | $ | 2,379 |  |  | $ | 2,570 |
Finance lease liabilities | Accounts payable and accrued liabilitie s |  |  | 4,390 |  |  |  | 4,834 |
Noncurrent: |  |  |  |  |  |  |
Operating lease liabilities | Other long-term obligations |  |  | 7,067 |  |  |  | 6,716 |
Finance lease liabilities | Other long-term obligations |  |  | 7,090 |  |  |  | 8,179 |
Total lease liabilities |  |  | $ | 20,926 |  |  | $ | 22,299 |
1 | Finance lease assets are presented net of accumulated amortization of $8.8 million and $7.9 million as of September 30, 2023 and December 31, 2022, respectively.
Schedule of Components of Lease Expense | The following table presents the components of lease expense:
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
(in thousands) |  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Operating lease costs 1 |  | $ | 772 |  |  | $ | 805 |  |  | $ | 2,454 |  |  | $ | 2,633 |
Finance lease costs: |  |  |  |  |  |  |  |  |  |  |  |
Amortization of leased assets |  |  | 1,206 |  |  |  | 1,137 |  |  |  | 3,768 |  |  |  | 3,061 |
Interest expense |  |  | 115 |  |  |  | 90 |  |  |  | 339 |  |  |  | 226 |
Net lease costs |  | $ | 2,093 |  |  | $ | 2,032 |  |  | $ | 6,561 |  |  | $ | 5,920 |
1 | Excludes short-term leases and variable lease costs, which are immaterial.
Schedule of Supplemental Cash Flow Information Related Leases | The following table presents supplemental cash flow information related to leases:
|  |  | Nine Months Ended September 30, |
(in thousands) |  |  | 2023 |  |  | 2022 |
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |  |  |
Operating cash flows for operating leases |  | $ | 2,498 |  |  | $ | 2,733 |
Operating cash flows for finance leases |  | $ | 339 |  |  | $ | 226 |
Financing cash flows for finance leases |  | $ | 3,662 |  |  | $ | 3,110 |
Leased assets exchanged for new lease liabilities: |  |  |  |  |  |
Operating leases |  | $ | 2,407 |  |  | $ | 3,931 |
Finance leases |  | $ | 2,604 |  |  | $ | 5,761 |

X
- Definition Lessee lease assets and liabilities. + References No definition available. + Details
Name: | pch_LesseeLeaseAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | pch_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of supplemental cash flow information related to leases. + References No definition available. + Details
Name: | pch_ScheduleOfSupplementalCashFlowInformationRelatedToLeasesTableTextBlock
Namespace Prefix: | pch_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-4 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration