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Note 9 - Assets Held for Sale
9 Months Ended
Sep. 30, 2025
Notes to Financial Statements  
Assets Held for Sale [Text Block]

Note 9:

Assets Held for Sale

 

On August 14, 2025, the Company entered into a definitive agreement to sell approximately 7,014 acres of land located in multiple Louisiana parishes for $9.23 million in cash. The transaction is expected to close in the fourth quarter of 2025, subject to customary conditions. In connection with the agreement, the Company reclassified the land and timber from Property, Plant and Equipment to Assets Held for Sale. The carrying value of the land and timber was $2.9 million and $1.6 million, respectively, as of August 14, 2025. The reclassification of the assets to Held for Sale did not have an impact on earnings.