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Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2018

Accounting Policies [Abstract]

Inventories [Table Text Block]

Inventories included the following (work in process is not material):

		December 31, 2018				December 31, 2017
		(thousands)
Finished goods and work in process		$	441,774			$	377,266
Logs		54,301				57,229
Other raw materials and supplies		36,974				42,178
		$	533,049			$	476,673

Property and Equipment [Table Text Block]

Property and equipment consisted of the following asset classes with the following general range of estimated useful lives:

		December 31, 2018 (a)				December 31, 2017				General Range of Estimated Useful Lives in Years
		(thousands)
Land		$	38,888			$	38,606
Buildings (b)		164,878				144,404				20	-	40
Improvements		49,509				55,267				10	-	15
Mobile equipment, information technology, and office furniture		150,712				138,245				3	-	7
Machinery and equipment		629,337				659,708				7	-	12
Construction in progress		31,015				23,303
		1,064,339				1,059,533
Less accumulated depreciation		(577,115		)		(493,741		)
		$	487,224			$	565,792

___________________________________ 

(a) The following activity impacted property and equipment during 2018:

• On November 2, 2018, we closed on the sale of two lumber mills and a particleboard plant, and related property and equipment, located in Northeast Oregon. For more information, see Note 7, Sale of Manufacturing Facilities.

• We recorded $55.0 million of accelerated depreciation to fully depreciate the curtailed LVL production assets at our Roxboro, North Carolina facility during fourth quarter 2018. For more information, see Note 6, Curtailment of Manufacturing Facility.

• As of December 31, 2018, property and equipment at our hardwood plywood facility in Moncure, North Carolina, has been classified as assets held for sale and excluded from these property and equipment balances. For more information, see Note 7, Sale of Manufacturing Facilities.

(b) Capital lease assets are included in the "Buildings" asset class.

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Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

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