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HIGHER AND BETTER USE TIMBERLANDS AND REAL ESTATE DEVELOPMENT INVESTMENTS (Tables)
 6 Months Ended
Jun. 30, 2026
Real Estate [Abstract]  
Schedule of Higher and Better Use Timberlands and Real Estate Development Investments
Changes in higher and better use timberlands and real estate development investments from December 31, 2025 to June 30, 2026 are shown below:
Higher and Better Use Timberlands and Real Estate Development Investments
Land and Timber Development InvestmentsTotal
Non-current portion at December 31, 2025
$84,123 $41,967 $126,090 
Plus: Current portion (a)1,850 4,984 6,834 
Total Balance at December 31, 2025
85,973 46,951 132,924 
Non-cash cost of land and improved development(3,826)(2,174)(6,000)
Amortization of parcel real estate development investments— (4,182)(4,182)
Timber depletion from harvesting activities and basis of timber sold in real estate sales(1,826)— (1,826)
Capitalized real estate development investments (b)— 18,487 18,487 
HBU properties assumed in the merger with PotlatchDeltic (c)59,563 — 59,563 
Capital expenditures (silviculture)3 — 3 
Intersegment transfers844 — 844 
Total Balance at June 30, 2026
140,731 59,082 199,813 
Less: Current portion (a)(2,060)(9,374)(11,434)
Non-current portion at June 30, 2026
$138,671 $49,708 $188,379 
(a)The current portion of Higher and Better Use Timberlands and Real Estate Development Investments is recorded in Inventory. See Note 16 — Inventory for additional information.
(b)Capitalized real estate development investments include $0.7 million of capitalized interest and $8.9 million of parcel real estate development investments. Parcel real estate development investments represent investments made for specific lots and/or commercial parcels that are under contract or expected to be ready for market within one year.
(c)Based on preliminary estimates of fair value as of January 30, 2026. See Note 2 — Merger with PotlatchDeltic Corporation for additional information.