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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES        
Net income     $ 59,052 $ 16,682
Adjustments to reconcile net income to net cash from operating activities:        
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
Change in deferred taxes     (5,299) (11,896)
Pension and other postretirement employee benefits     4,895 3,431
Equity-based compensation expense     9,113 8,468
Amortization related to redesignated forward-starting interest rate swaps     8,524 7,960
Interest received under swaps with other-than-insignificant financing element     (20,918) (22,503)
Other, net     571 (1,007)
Change in working capital and operating-related activities, net     (9,023) (7,036)
Real estate development expenditures (2,700) (2,600) (8,818) (5,305)
Funding of pension and other postretirement employee benefits     (8,664) (7,303)
Proceeds from insurance recoveries     0 1,680
Net cash from operating activities     155,710 143,062
CASH FLOWS FROM INVESTING ACTIVITIES        
Property, plant and equipment additions     (21,973) (52,178)
Timberlands reforestation and roads     (17,948) (19,290)
Acquisition of timber and timberlands     (25,461) (32,303)
Interest received under swaps with other-than-insignificant financing element     19,698 20,934
Other, net     658 752
Net cash from investing activities     (45,026) (82,085)
CASH FLOWS FROM FINANCING ACTIVITIES        
Distributions to common stockholders     (104,993) (106,942)
Repurchase of common stock     (60,030) (27,413)
Proceeds from issuance of long-term debt     100,000
Repayment of long-term debt     (100,000)
Other, net     (3,717) (3,179)
Net cash from financing activities     (168,740) (137,534)
Change in cash, cash equivalents and restricted cash     (58,056) (76,557)
Cash, cash equivalents and restricted cash at beginning of period     151,725 237,688
Cash, cash equivalents and restricted cash at end of period 93,669 161,131 93,669 161,131
NONCASH INVESTING AND FINANCING ACTIVITIES        
Accrued property, plant and equipment additions     526 985
Accrued timberlands reforestation and roads     2,323 2,365
Cash and cash equivalents 88,773 161,131 88,773 161,131
Restricted cash included in other long-term assets [1] $ 4,896 $ 0 $ 4,896 $ 0
Restricted Cash, Statement of Financial Position [Extensible Enumeration] Other Assets, Noncurrent Other Assets, Noncurrent Other Assets, Noncurrent Other Assets, Noncurrent
Total cash, cash equivalents, and restricted cash $ 93,669 $ 161,131 $ 93,669 $ 161,131
[1] Amounts included in restricted cash represent proceeds held by a qualified intermediary that were or are intended to be reinvested in timber and timberlands.