XML 47 R39.htm IDEA: XBRL DOCUMENT v3.25.3
Segment Information (Summary of Additional Reportable Segment Financial Information) (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
Segment Reporting Information [Line Items]          
Depreciation, depletion and amortization [1] $ 26,046 $ 25,487 $ 77,820 $ 85,150  
Bond discounts and deferred loan fees [2] 324 406 1,087 1,219  
Total depreciation, depletion and amortization 26,370 25,893 78,907 86,369  
Basis of real estate sold 26,022 12,905 47,370 73,522  
Assets 3,173,539   3,173,539   $ 3,305,443
Capital Expenditures [3] 15,549 34,634 48,739 76,773  
Operating Segments [Member]          
Segment Reporting Information [Line Items]          
Depreciation, depletion and amortization 26,046 25,487 77,820 85,150  
Total depreciation, depletion and amortization 25,413 24,855 77,179 83,373  
Basis of real estate sold 26,024 12,908 47,378 73,530  
Assets 2,969,579   2,969,579   3,001,834
Capital Expenditures [3] 15,454 34,514 48,603 75,974  
Operating Segments [Member] | Timberlands [Member]          
Segment Reporting Information [Line Items]          
Depreciation, depletion and amortization 16,083 16,778 47,089 51,193  
Total depreciation, depletion and amortization 15,797 16,450 47,089 50,210  
Basis of real estate sold 0 0 0 0  
Assets [4] 2,361,963   2,361,963   2,396,642
Capital Expenditures [3] 6,612 6,476 18,012 19,321  
Operating Segments [Member] | Wood Products [Member]          
Segment Reporting Information [Line Items]          
Depreciation, depletion and amortization 9,582 8,395 29,629 33,138  
Total depreciation, depletion and amortization 9,474 8,288 29,629 32,815  
Basis of real estate sold 0 0 0 0  
Assets 538,700   538,700   537,665
Capital Expenditures [3] 5,937 25,247 20,650 50,825  
Operating Segments [Member] | Real Estate Segment [Member]          
Segment Reporting Information [Line Items]          
Depreciation, depletion and amortization 162 138 461 412  
Total depreciation, depletion and amortization 142 117 461 348  
Basis of real estate sold 26,024 12,908 47,378 73,530  
Assets [5] 68,916   68,916   67,527
Capital Expenditures [3],[6] 2,905 2,791 9,941 5,828  
Corporate [Member]          
Segment Reporting Information [Line Items]          
Depreciation, depletion and amortization 219 176 641 407  
Assets 203,960   203,960   $ 303,609
Capital Expenditures [3] 95 120 136 799  
Intersegment Eliminations [Member]          
Segment Reporting Information [Line Items]          
Basis of real estate sold $ (2) $ (3) $ (8) $ (8)  
[1] Excludes amortization of bond discounts and deferred loan fees which are reported within interest expense, net on the Condensed Consolidated Statements of Operations.
[2] Included within interest expense, net in the Condensed Consolidated Statements of Operations.
[3] Does not include the acquisition of timber and timberlands, all of which were acquired by our Timberlands segment.
[4] We do not report rural real estate separately from Timberlands as we do not report these assets separately to management.
[5] Real Estate assets primarily consist of a master planned community development and a country club.
[6] Real Estate capital expenditures include development expenditures of $2.7 million and $8.8 million for the three and nine months ended September 30, 2025, respectively, and $2.6 million and $5.3 million for the three and nine months ended September 30, 2024, respectively.