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Document and Entity Information - shares	3 Months Ended
Document and Entity Information - shares	Mar. 31, 2020	Apr. 30, 2020
Document And Entity Information [Abstract]
Entity Registrant Name	POPE RESOURCES LTD PARTNERSHIP
Entity Central Index Key	0000784011
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Document Type	10-Q
Document Period End Date	Mar. 31, 2020
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q1
Amendment Flag	false
Entity Current Reporting Status	Yes
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		4,367,215

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Current assets
Partnership cash	$ 2,740	$ 2,030
ORM Timber Funds cash	9,575	6,197
Cash	12,315	8,227
Restricted cash	770	810
Total cash and restricted cash	13,085	9,037
Accounts receivable, net	4,618	3,824
Contract assets	2,361	2,765
Prepaid expenses and other current assets	1,405	1,385
Total current assets	21,469	17,011
Properties and equipment, at cost
Timber and roads	359,354	367,305
Timberland	77,064	77,035
Land held for development	20,264	20,223
Buildings and equipment, net of accumulated depreciation (2020 - $8,366; 2019 - $8,214)	5,208	5,340
Total properties and equipment, at cost	461,890	469,903
Other assets	6,503	6,635
Total assets	489,862	493,549
Current liabilities
Accounts payable	2,939	1,700
Accrued liabilities	5,675	7,165
Deferred revenue	445	223
Current portion of environmental remediation liability	993	1,104
Other current liabilities	1,125	1,399
Total current liabilities	36,305	36,714
Environmental remediation and other long-term liabilities	9,068	9,091
Partners’ capital and noncontrolling interests
General partners' capital (units issued and outstanding 2020 - 60; 2019 - 60)	645	751
Limited partners' capital (units issued and outstanding 2020 - 4,273; 2019 - 4,258)	34,565	42,010
Noncontrolling interests	272,543	276,232
Total partners’ capital and noncontrolling interests	307,753	318,993
Total liabilities, partners’ capital and noncontrolling interests	489,862	493,549
Consolidated Entity Excluding Variable Interest Entities (VIE)
Current liabilities
Current portion of long-term debt	134	133
Long-term debt, net of unamortized debt issuance costs and current portion	104,389	96,406
Variable Interest Entity, Primary Beneficiary
Current liabilities
Current portion of long-term debt	24,994	24,990
Long-term debt, net of unamortized debt issuance costs and current portion	$ 32,347	$ 32,345

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Buildings and equipment, accumulated depreciation	$ 8,366	$ 8,214
General partners’ capital, units issued (in units)	60,000	60,000
General partners’ capital, units outstanding (in units)	60,000	60,000
Limited partners’ capital, units issued (in units)	4,273,000	4,258,000
Limited partners’ capital, units outstanding (in units)	4,273,000	4,258,000

Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Revenue	$ 24,385	$ 25,042
Cost of sales	(18,515)	(16,608)
Operating expenses	(4,826)	(4,294)
General and administrative expenses	(7,496)	(1,764)
Income (loss) from operations	(6,452)	2,376
Interest expense, net	(1,443)	(1,515)
Income (loss) before income taxes	(7,895)	861
Income tax benefit (expense)	265	(94)
Net income (loss)	(7,630)	767
Comprehensive income (loss)	(7,630)	767
Net income (loss) attributable to unitholders	(3,941)	3,311
Comprehensive income (loss) attributable to unitholders	(3,941)	3,311
Allocable to general partners	(55)	46
Allocable to limited partners	$ (3,886)	$ 3,265
Basic and diluted earnings (loss) per unit attributable to unitholders (in dollars per unit)	$ (0.92)	$ 0.75
Basic and diluted weighted average units outstanding (in units)	4,330	4,325
Distributions per unit (in dollars per unit)	$ 1.00	$ 1.00
ORM Timber Funds
Net loss attributable to noncontrolling interests	$ 3,460	$ 2,528
Comprehensive loss attributable to noncontrolling interests	3,460	2,528
Real Estate
Net loss attributable to noncontrolling interests	229	16
Comprehensive loss attributable to noncontrolling interests	$ 229	$ 16

Condensed Consolidated Statements of Partners' Capital and Noncontrolling Interests (Unaudited) - USD ($) shares in Thousands, $ in Thousands	Total	Noncontrolling Interests	General Partners	Limited Partners
Beginning balance (in units) at Dec. 31, 2018	4,313
Beginning balance at Dec. 31, 2018	$ 338,600	$ 281,123	$ 944	$ 56,533
Increase (Decrease) in Partners' Capital [Roll Forward]
Net income (loss)	767	(2,544)	46	3,265
Cash distributions	(7,442)	(3,076)	(61)	(4,305)
Capital call	17,259	17,259
Preferred stock issuance	$ 125	125
Equity-based compensation (in units)	17
Equity-based compensation	$ 593		8	585
Units issued under distribution reinvestment plan (in units)	0
Units issued under distribution reinvestment plan	$ 24			24
Unit repurchases (in units)	(3)
Unit repurchases	$ (166)			(166)
Payroll taxes paid on unit net settlements (in units)	(1)
Payroll taxes paid on unit net settlements	$ (79)		(1)	(78)
Ending balance (in units) at Mar. 31, 2019	4,326
Ending balance at Mar. 31, 2019	$ 349,681	292,887	936	55,858
Beginning balance (in units) at Dec. 31, 2019	4,318
Beginning balance at Dec. 31, 2019	$ 318,993	276,232	751	42,010
Increase (Decrease) in Partners' Capital [Roll Forward]
Net income (loss)	(7,630)	(3,689)	(55)	(3,886)
Cash distributions	$ (4,367)	0	(61)	(4,306)
Equity-based compensation (in units)	15
Equity-based compensation	$ 757		10	747
Ending balance (in units) at Mar. 31, 2020	4,333
Ending balance at Mar. 31, 2020	$ 307,753	$ 272,543	$ 645	$ 34,565

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Statement of Cash Flows [Abstract]
Net income (loss)	$ (7,630)	$ 767
Adjustments to reconcile net income (loss) to net cash provided by operating activities
Depletion	8,875	6,534
Equity-based compensation	757	593
Depreciation and amortization	186	166
Deferred taxes	(203)	23
Cost of land sold	0	2
Loss from unconsolidated real estate joint venture	327	9
Gain on disposal of property and equipment	0	(61)
Cash flows from changes in operating accounts
Accounts receivable, net	(795)	(2,026)
Prepaid expenses, contract assets, and other assets	419	517
Real estate project expenditures	(55)	(1,023)
Accounts payable and accrued liabilities	(252)	(736)
Deferred revenue	222	86
Environmental remediation payments	(112)	(158)
Other current and long-term liabilities	(295)	285
Net cash provided by operating activities	1,444	4,978
Cash flows from investing activities
Reforestation and roads	(931)	(644)
Capital expenditures	0	(252)
Proceeds from sale of property and equipment	0	71
Investment in unconsolidated real estate joint venture	(46)	0
Deposit for acquisition of timberland - Partnership	0	(5)
Acquisitions of timberland - Partnership	(19)	(16)
Acquisitions of timberland - Funds	0	(19,344)
Net cash used in investing activities	(996)	(20,190)
Cash flows from financing activities
Line of credit borrowings	9,000	4,500
Line of credit repayments	(1,000)	(2,400)
Proceeds from issuance of long-term debt	0	3,000
Repayment of long-term debt	(33)	(32)
Proceeds from unit issuances - distribution reinvestment plan	0	24
Unit repurchases	0	(166)
Proceeds from preferred stock issuance - ORM Timber Funds	0	125
Payroll taxes paid on unit net settlements	0	(79)
Cash distributions to unitholders	(4,367)	(4,366)
Cash distributions - ORM Timber Funds, net of distributions to Partnership	0	(3,076)
Capital call - ORM Timber Funds, net of Partnership contribution	0	17,259
Net cash provided by financing activities	3,600	14,789
Net increase (decrease) in cash and restricted cash	4,048	(423)
Cash and restricted cash at beginning of period	9,037	6,057
Cash and restricted cash at end of period	$ 13,085	$ 5,634

Organization, Consolidation and Presentation of Financial Statements Disclosure	3 Months Ended
	Mar. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization, Consolidation and Presentation of Financial Statements Disclosure	The condensed consolidated balance sheets as of March 31, 2020, and December 31, 2019, and the related condensed consolidated statements of comprehensive income, partners’ capital and noncontrolling interests, and cash flows for the three-month periods ended March 31, 2020, and 2019, have been prepared by Pope Resources, A Delaware Limited Partnership (the “Partnership”), pursuant to the rules and regulations of the Securities and Exchange Commission. The condensed consolidated financial statements are unaudited but, in the opinion of management, reflect all adjustments (consisting only of normal recurring adjustments and accruals) necessary for a fair presentation of the financial position, results of operations, and cash flows for the interim periods. The financial information as of December 31, 2019, is derived from the Partnership’s audited consolidated financial statements and notes thereto for the year ended December 31, 2019, and should be read in conjunction with such financial statements and notes. The results of operations for the interim periods are not indicative of the results of operations that may be achieved for the entire fiscal year ending December 31, 2020.

Significant Accounting Policies	3 Months Ended
Significant Accounting Policies	Mar. 31, 2020
Accounting Policies [Abstract]
Significant Accounting Policies	The financial statements in the Partnership’s 2019 annual report on Form 10-K include a summary of significant accounting policies of the Partnership and should be read in conjunction with this Quarterly Report on Form 10-Q.

Merger	3 Months Ended
Merger	Mar. 31, 2020
Business Combinations [Abstract]
Merger	On January 14, 2020, Pope Resources entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Rayonier, Inc., (“Rayonier”) and certain of its subsidiaries, and the Merger Agreement and merger were approved by Pope Resources unitholders on May 5, 2020. Upon consummation of the transaction, holders of limited partner units of the Partnership (including the depositary receipts therefor, the “Partnership Units”), will be entitled to receive, for each Partnership Unit, merger consideration consisting of (i) 3.929 common shares of Rayonier, (ii) 3.929 units of Rayonier Operating Partnership LP, or (iii) $125 in cash. Elections will be subject to proration to ensure that the aggregate amount of cash, on the one hand, and Rayonier common stock and Rayonier operating partnership units, on the other hand, that are issued in the merger would be equal to the amounts issued as if every Partnership Unit received $37.50 in cash and 2.751 Rayonier common shares or Rayonier operating partnership units. If elections for the Rayonier common shares and Rayonier operating partnership units are oversubscribed, then to reduce the effect of such proration Rayonier can, in its discretion, add additional equity (and decrease the amount of cash) payable to the Partnership unitholders making such election. The merger is expected to be completed on May 8, 2020, and is subject to the satisfaction (or waiver, if permissible under applicable law) of customary closing conditions, including the approval of the holders of a majority of the Partnership Units.

Revenue from Contract with Customer

3 Months Ended

Mar. 31, 2020

Revenue from Contract with Customer [Abstract]

Revenue from Contract with Customer

Revenue is measured based on the consideration specified in a contract with a customer. The Partnership recognizes revenue when it satisfies a performance obligation by transferring control over a product or service to a customer. Included in “Accounts receivable, net” are $4.1 million and $2.2 million of receivables from contracts with customers as of March 31, 2020, and December 31, 2019, respectively.

Significant changes in the contract asset balance during the period were as follows, and there were no contract liabilities as of March 31, 2020, and December 31, 2019 (in thousands):



Contract assets, December 31, 2019	$	2,765
Revenue recognized from changes in estimates of variable consideration	4
Transferred to receivables from contract assets	(408		)
Contract assets, March 31, 2020	$	2,361

The contract assets in the table above represent rights to consideration for timber deeds transferred to the customer and are related primarily to the Funds Timber segment. These contracts provide the customer the legal right to harvest timber on a designated portion of the Funds’ or Partnership’s property. The value of a timber deed contract is determined based on the estimated timber volume by tree species multiplied by the contracted price. The contract consideration is considered variable because the timber volume by species is an estimate until the harvest is completed. The contract assets are transferred to receivables when the rights to consideration become due under the contract. Customers may harvest the timber at their discretion, within a time period and operational parameters stated in the contract.

The following is a description of principal activities, separated by reportable segments, from which the Partnership generates its revenue.

Partnership Timber and Funds Timber

Log sale revenue in these two segments is recognized when control is transferred, and title and risk of loss passes to the customer, which typically occurs when logs are delivered to the customer. Revenue in these two segments is earned primarily from the harvest and sale of logs from the Partnership’s and Funds’ timberland. Other revenue in these segments is generated from the sale of rights to harvest timber (timber deed sales), commercial thinning, ground leases for cellular communication towers, royalties from gravel mines and quarries, and land use permits. Timber deed sales are generally structured so that the customer pays a contracted price per volume, measured in thousands of board feet (MBF), and revenue is recognized when control is transferred to the customer, which generally occurs on the effective date of the contract. Commercial thinning consists of the selective cutting of timber stands that have not yet reached optimal harvest age. However, this timber does have some commercial value and revenue is based on the volume harvested. Royalty revenue from gravel mines and quarries is recognized monthly based on the quantity of material extracted.

The following table presents log sale and other revenue for the Partnership Timber and Funds Timber segments:



(in thousands)	Quarter ended March 31,
	2020		2019
Partnership Timber
Log sale revenue	$	9,861	$	14,722
Timber deed sale revenue	1,638		—
Other revenue	577		449
Total revenue	$	12,076	$	15,171

Funds Timber
Log sale revenue	$	11,999	$	8,860
Timber deed sale revenue	4		—
Other revenue	47		580
Total revenue	$	12,050	$	9,440

Timberland Investment Management (TIM)

Fee revenue generated by the TIM segment for managing the Funds includes fixed components related to invested capital and acres under management, and a variable component related to harvest volume from the Funds’ tree farms. These fees, which represent an expense in the Funds Timber segment, are eliminated in consolidation. The TIM segment occasionally earns revenue from providing timberland management-related consulting services to third-parties and recognizes such revenue as the related services are provided.

Real Estate

The Real Estate segment’s activities consist of investing in and later selling improved properties, holding properties for later development and sale, and managing commercial properties. Revenue is generated primarily from sales of land, sales of development rights, known as conservation easements (CE’s), sales of unimproved land from the Partnership’s timberland portfolio, and residential and commercial rents. Revenue on real estate sales is recorded on the date the sale closes. When a real estate transaction is closed with obligations to complete infrastructure or other construction, the portion of the total contract allocated to the post-closing obligations may be recognized over time as that work is performed, provided the customer either simultaneously receives and consumes the benefits as we perform under the contract, our performance creates or enhances the asset controlled by the customer, or we do not create an asset with an alternative use to the customer and we have an enforceable right to payment for the performance completed. Progress towards the satisfaction of our performance obligations is generally measured based on costs incurred relative to the total cost expected to be incurred for the performance obligations.

The following table breaks down revenue for the Real Estate segment:



(in thousands)	Quarter ended March 31,
	2020		2019

Sale of unimproved land	$	—	$	22
Rentals and other	259		409
Total revenue	$	259	$	431

Partners' Capital Notes Disclosure	3 Months Ended
Partners' Capital Notes Disclosure	Mar. 31, 2020
Equity [Abstract]
Partners' Capital Notes Disclosure	The Partnership has two general partners: Pope MGP, Inc. and Pope EGP, Inc. In total, these two entities own 60,000 limited partner units. The allocation of distributions, profits, and losses among the general and limited partners is pro rata across all units outstanding.

Supplemental Balance Sheet Disclosures

3 Months Ended

Mar. 31, 2020

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Supplemental Balance Sheet Disclosures

ORM Timber Fund II, Inc. (Fund II), ORM Timber Fund III (REIT) Inc. (Fund III), and ORM Timber Fund IV LLC (Fund IV), collectively “the Funds”, were formed by Olympic Resource Management LLC (ORMLLC), a wholly owned subsidiary of the Partnership, for the purpose of raising capital to purchase timberlands. The objective of these Funds is to generate a return on investments through the acquisition, management, value enhancement, and sale of timberland properties. Each fund is organized to operate for a specific term from the end of its respective investment period; 10 years for each of Fund II and Fund III, and 15 years for Fund IV. Fund II, Fund III, and Fund IV are scheduled to terminate in March 2021, December 2025, and December 2034, respectively.

Pope Resources and ORMLLC together own equity interests totaling 20% of Fund II, 5% of Fund III, and 15% of Fund IV. The Funds are considered variable interest entities because their organizational and governance structures are the functional equivalent of a limited partnership. As the managing member of the Funds, the Partnership is the primary beneficiary of each of the Funds as it has the authority to direct the activities that most significantly impact their economic performance, as well as the right to receive benefits and the obligation to absorb losses that could potentially be significant to the Funds. Accordingly, the Funds are consolidated into the Partnership’s financial statements. The obligations of each of the Funds are non-recourse to the Partnership.

The assets and liabilities of the Funds as of March 31, 2020, and December 31, 2019, were as follows:



(in thousands)	March 31, 2020		December 31, 2019
Assets:
Cash	$	9,575	$	6,197
Contract assets	2,361		2,765
Other current assets	2,621		2,427
Total current assets	14,557		11,389
Properties and equipment, net of accumulated depreciation	348,256		355,162
Total assets	$	362,813	$	366,551
Liabilities and equity:
Current liabilities	$	3,913	$	3,747
Current portion of long-term debt	24,994		24,990
Total current liabilities	28,907		28,737
Long-term debt, net of unamortized debt issuance costs and current portion	32,347		32,345
Funds’ equity	301,559		305,469
Total liabilities and equity	$	362,813	$	366,551

Other Assets Disclosure

3 Months Ended

Mar. 31, 2020

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Other Assets Disclosure

Other assets consisted of the following at March 31, 2020 and December 31, 2019:



(in thousands)	March 31, 2020		December 31, 2019

Investment in Real Estate joint venture entity	$	4,653	$	4,954
Advances to Real Estate joint venture entity	1,000		1,000
Deferred tax assets, net	672		469
Right-of-use assets	128		161
Note receivable	49		50
Other	1		1
Total	$	6,503	$	6,635

Segment Reporting Disclosure

3 Months Ended

Mar. 31, 2020

Segment Reporting [Abstract]

Segment Reporting Disclosure

In the presentation of the Partnership’s revenue and operating income (loss) by segment, all intersegment revenue and expense is eliminated to determine operating income (loss) reported externally. The following tables reconcile internally reported income (loss) from operations to externally reported income (loss) from operations by business segment.



Quarter ended March 31, (in thousands)	Partnership Timber			Funds Timber			Timberland Investment Management			Real Estate			Other			Consolidated
2020
Revenue - internal	$	12,275		$	12,050		$	1,459		$	394		$	—		$	26,178
Eliminations	(199		)	—			(1,459		)	(135		)	—			(1,793		)
Revenue - external	12,076			12,050			—			259			—			24,385

Cost of sales	(5,305		)	(12,893		)	—			(317		)	—			(18,515		)

Operating, general and administrative expenses - internal	(1,279		)	(2,569		)	(1,352		)	(1,390		)	(7,525		)	(14,115		)
Eliminations	249			1,407			70			38			29			1,793
Operating, general and administrative expenses - external	(1,030		)	(1,162		)	(1,282		)	(1,352		)	(7,496		)	(12,322		)
Income (loss) from operations - internal	5,691			(3,412		)	107			(1,313		)	(7,525		)	(6,452		)
Eliminations	50			1,407			(1,389		)	(97		)	29			—

Income (loss) from operations - external	$	5,741		$	(2,005	)	$	(1,282	)	$	(1,410	)	$	(7,496	)	$	(6,452	)

2019
Revenue - internal	$	15,372		$	9,440		$	1,363		$	551		$	—		$	26,726
Eliminations	(201		)	—			(1,363		)	(120		)	—			(1,684		)
Revenue - external	15,171			9,440			—			431			—			25,042

Cost of sales	(7,188		)	(9,139		)	—			(281		)	—			(16,608		)

Operating, general and administrative expenses - internal	(1,317		)	(2,489		)	(1,290		)	(856		)	(1,790		)	(7,742		)
Eliminations	245			1,311			69			33			26			1,684
Operating, general and administrative expenses -external	(1,072		)	(1,178		)	(1,221		)	(823		)	(1,764		)	(6,058		)
Income (loss) from operations - internal	6,867			(2,188		)	73			(586		)	(1,790		)	2,376
Eliminations	44			1,311			(1,294		)	(87		)	26			—

Income (loss) from operations - external	$	6,911		$	(877	)	$	(1,221	)	$	(673	)	$	(1,764	)	$	2,376

Earnings Per Share

3 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Earnings Per Share

Basic and diluted earnings per unit are calculated by dividing net income attributable to unitholders, adjusted for non-forfeitable distributions paid out to unvested restricted unitholders and preferred shareholders of the Funds, by the weighted average units outstanding during the period. There were no dilutive securities outstanding during the periods presented. The following table shows the calculation of basic and diluted earnings per unit:



	Quarter Ended March 31,
(in thousands, except per unit amounts)	2020			2019
Net and comprehensive income (loss) attributable to Pope Resources’ unitholders	$	(3,941	)	$	3,311
Less:
Non-forfeitable distributions paid to unvested restricted unitholders	(35		)	(38		)
Preferred share dividends - ORM Timber Funds	(12		)	(12		)
Net and comprehensive income (loss) for calculation of earnings per unit	$	(3,988	)	$	3,261

Basic and diluted weighted average units outstanding	4,330			4,325

Basic and diluted net earnings (loss) per unit	$	(0.92	)	$	0.75

Disclosure of Compensation Related Costs, Share Based Payments	3 Months Ended
	Mar. 31, 2020
Share-based Payment Arrangement [Abstract]
Disclosure of Compensation Related Costs, Share Based Payments	In the first quarter of 2020, the Partnership issued 11,977 restricted units pursuant to the management incentive compensation program and no restricted units to members of the Board of Directors. These restricted units vest ratably over four years with the grant date fair value equal to the market price on the date of grant. Units granted to directors are included in the calculation of total equity compensation expense which is recognized over the vesting period. Grants to retirement-eligible individuals on the date of grant are expensed immediately. The Partnership recognized $757,000 and $593,000 of equity compensation expense in the first quarter of 2020 and 2019, respectively, related to these compensation programs.

Cash Flow, Supplemental Disclosures	3 Months Ended
Cash Flow, Supplemental Disclosures	Mar. 31, 2020
Supplemental Cash Flow Elements [Abstract]
Cash Flow, Supplemental Disclosures	Supplemental disclosure of cash flow information: interest paid, net of amounts capitalized, totaled $226,000 and $415,000 during the first three months of 2020 and 2019, respectively. Income taxes paid totaled $0 and $20,000 for the first three months of 2020 and 2019, respectively.

Fair Value Disclosures	3 Months Ended
Fair Value Disclosures	Mar. 31, 2020
Fair Value Disclosures [Abstract]
Fair Value Disclosures	The Partnership’s financial instruments include cash, and accounts receivable, for which the carrying amount represents fair value based on their short-term nature. The carrying amounts of note receivable, included in other assets, also approximates fair value given current market interest rates. Collectively, the Partnership’s and the Funds’ fixed-rate debt has a carrying value of $125.4 million as of March 31, 2020 and December 31, 2019. The estimated fair value of this debt, based on current interest rates for similar instruments (Level 2 inputs in the Fair Value Hierarchy), is approximately $138.1 million and $133.1 million as of March 31, 2020 and December 31, 2019, respectively.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Commitments and Contingencies Disclosure

3 Months Ended

Mar. 31, 2020

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies Disclosure

The Partnership had an accrual for estimated environmental remediation costs of $9.9 million and $10.0 million as of March 31, 2020 and December 31, 2019, respectively. The environmental remediation liability represents management’s estimate of payments to be made to remedy and monitor certain areas in and around Port Gamble Bay, Washington. The liability at March 31, 2020 is comprised of $993,000 that management expects to expend in the next 12 months and $8.9 million thereafter.

In December of 2013, a consent decree (CD) and a Clean-up Action Plan (CAP) related to Port Gamble Bay were finalized with the Washington State Department of Ecology (DOE) and filed with Kitsap County Superior Court. Construction activity commenced in late September 2015. The required in-water construction activity was completed in January 2017. By the end of the third quarter of 2017, the sediments dredged from the Bay were moved to their permanent storage location on property owned by the Partnership a short distance from the town of Port Gamble. This effectively concluded the component of the project related to the in-water cleanup of Port Gamble Bay. The two remaining components of the project consist of restoration projects to address Natural Resource Damages (NRD) and the cleanup of the millsite.

As disclosed previously, certain environmental laws allow state, federal, and tribal trustees (collectively, the Trustees) to bring suit against property owners to recover damages for injuries to natural resources. Like the liability that attaches to current property owners in the cleanup context, liability for natural resource damages (NRD) can attach to a property owner simply because an injury to natural resources resulted from releases of hazardous substances on that owner’s property, regardless of culpability for the release. In the case of Port Gamble, the Trustees are alleging that the Partnership has NRD liability because of releases that occurred on its property. The Partnership has been in discussions with the Trustees regarding their claims and the alleged conditions in Port Gamble Bay, and has also been discussing restoration alternatives that might address the damages the Trustees allege. These discussions have progressed to the point where a short list of restoration projects has been identified that would resolve the Trustees’ NRD claims, and management is hopeful that a settlement agreement will be reached by mid-year 2020.

With respect to the millsite, in early 2019, the Partnership submitted the final remedial investigation/feasibility study (RI/FS) and draft Cleanup Action Plan (CAP) to DOE for the millsite cleanup. The CAP and consent decree for the millsite are expected to be finalized during mid-year 2020, following a public review period.

For both the NRD restoration and millsite cleanup components of the liability, it is reasonably possible that cost estimates could change. We currently expect the NRD restoration projects and the millsite cleanup to occur over the next two to three years.

Finally, there will be a monitoring period of approximately 10 to 15 more years during which the Partnership will monitor conditions in the Bay, on the millsite, and at the storage location of the dredged and excavated sediments. During this monitoring phase, conditions may arise that require corrective action, and monitoring protocols may change over time. In addition, extreme weather events could cause damage to the sediment caps that would need to be repaired. These factors could result in additional costs.

Activity in the environmental liability is as follows:



(in thousands)	Balance at Beginning of the Period	Additions to Accrual	Expenditures for Remediation		Balance at Period-end
Year ended December 31, 2018	4,979	5,600	(1,496	)	9,083
Year ended December 31, 2019	9,083	1,576	(649	)	10,010
Quarter ended March 31, 2020	10,010	—	(112	)	9,898

Unusual or Infrequent Items, or Both, Disclosure	3 Months Ended
Unusual or Infrequent Items, or Both, Disclosure	Mar. 31, 2020
Unusual or Infrequent Items, or Both [Abstract]
Unusual or Infrequent Items, or Both, Disclosure	On March 11, 2020, the World Health Organization declared the novel strain of coronavirus (COVID-19) a global pandemic and recommended containment and mitigation measures worldwide. On March 13, 2020, the United States declared a national emergency concerning the outbreak, and all states and several municipalities have declared public health emergencies. The COVID-19 pandemic has introduced significant economic and business uncertainty, along with volatile financial market conditions. The states in which we operate have issued stay-at-home orders. However, our timberland-related businesses have been deemed essential businesses in those states. As such, we continue to operate these businesses at full capacity where market conditions allow, while maintaining the health and safety of our employees, contractors, suppliers and customers. Towards the end of the first quarter of 2020, business slowdowns resulting from COVID-19 began to have a negative impact on log prices. The ongoing impact on log prices, or our business more generally, is uncertain at this time.

Revenue from Contract with Customer (Tables)

3 Months Ended

Mar. 31, 2020

Revenue from Contract with Customer [Abstract]

Summary of Contract Assets

Significant changes in the contract asset balance during the period were as follows, and there were no contract liabilities as of March 31, 2020, and December 31, 2019 (in thousands):



Contract assets, December 31, 2019	$	2,765
Revenue recognized from changes in estimates of variable consideration	4
Transferred to receivables from contract assets	(408		)
Contract assets, March 31, 2020	$	2,361

Disaggregation of Revenue

The following table presents log sale and other revenue for the Partnership Timber and Funds Timber segments:



(in thousands)	Quarter ended March 31,
	2020		2019
Partnership Timber
Log sale revenue	$	9,861	$	14,722
Timber deed sale revenue	1,638		—
Other revenue	577		449
Total revenue	$	12,076	$	15,171

Funds Timber
Log sale revenue	$	11,999	$	8,860
Timber deed sale revenue	4		—
Other revenue	47		580
Total revenue	$	12,050	$	9,440

The following table breaks down revenue for the Real Estate segment:



(in thousands)	Quarter ended March 31,
	2020		2019

Sale of unimproved land	$	—	$	22
Rentals and other	259		409
Total revenue	$	259	$	431

Supplemental Balance Sheet Disclosures (Tables)

3 Months Ended

Mar. 31, 2020

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Partnership's Consolidated Balance Sheet included Assets and Liabilities of Funds

The assets and liabilities of the Funds as of March 31, 2020, and December 31, 2019, were as follows:



(in thousands)	March 31, 2020		December 31, 2019
Assets:
Cash	$	9,575	$	6,197
Contract assets	2,361		2,765
Other current assets	2,621		2,427
Total current assets	14,557		11,389
Properties and equipment, net of accumulated depreciation	348,256		355,162
Total assets	$	362,813	$	366,551
Liabilities and equity:
Current liabilities	$	3,913	$	3,747
Current portion of long-term debt	24,994		24,990
Total current liabilities	28,907		28,737
Long-term debt, net of unamortized debt issuance costs and current portion	32,347		32,345
Funds’ equity	301,559		305,469
Total liabilities and equity	$	362,813	$	366,551

Other Assets Disclosure (Tables)

3 Months Ended

Mar. 31, 2020

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Schedule of Other Assets

Other assets consisted of the following at March 31, 2020 and December 31, 2019:



(in thousands)	March 31, 2020		December 31, 2019

Investment in Real Estate joint venture entity	$	4,653	$	4,954
Advances to Real Estate joint venture entity	1,000		1,000
Deferred tax assets, net	672		469
Right-of-use assets	128		161
Note receivable	49		50
Other	1		1
Total	$	6,503	$	6,635

Segment Reporting Disclosure (Tables)

3 Months Ended

Mar. 31, 2020

Segment Reporting [Abstract]

Reconciliation of Internally Reported Income (Loss) from Operations to Externally Reported Income (Loss) from Operations by Business Segment

The following tables reconcile internally reported income (loss) from operations to externally reported income (loss) from operations by business segment.



Quarter ended March 31, (in thousands)	Partnership Timber			Funds Timber			Timberland Investment Management			Real Estate			Other			Consolidated
2020
Revenue - internal	$	12,275		$	12,050		$	1,459		$	394		$	—		$	26,178
Eliminations	(199		)	—			(1,459		)	(135		)	—			(1,793		)
Revenue - external	12,076			12,050			—			259			—			24,385

Cost of sales	(5,305		)	(12,893		)	—			(317		)	—			(18,515		)

Operating, general and administrative expenses - internal	(1,279		)	(2,569		)	(1,352		)	(1,390		)	(7,525		)	(14,115		)
Eliminations	249			1,407			70			38			29			1,793
Operating, general and administrative expenses - external	(1,030		)	(1,162		)	(1,282		)	(1,352		)	(7,496		)	(12,322		)
Income (loss) from operations - internal	5,691			(3,412		)	107			(1,313		)	(7,525		)	(6,452		)
Eliminations	50			1,407			(1,389		)	(97		)	29			—

Income (loss) from operations - external	$	5,741		$	(2,005	)	$	(1,282	)	$	(1,410	)	$	(7,496	)	$	(6,452	)

2019
Revenue - internal	$	15,372		$	9,440		$	1,363		$	551		$	—		$	26,726
Eliminations	(201		)	—			(1,363		)	(120		)	—			(1,684		)
Revenue - external	15,171			9,440			—			431			—			25,042

Cost of sales	(7,188		)	(9,139		)	—			(281		)	—			(16,608		)

Operating, general and administrative expenses - internal	(1,317		)	(2,489		)	(1,290		)	(856		)	(1,790		)	(7,742		)
Eliminations	245			1,311			69			33			26			1,684
Operating, general and administrative expenses -external	(1,072		)	(1,178		)	(1,221		)	(823		)	(1,764		)	(6,058		)
Income (loss) from operations - internal	6,867			(2,188		)	73			(586		)	(1,790		)	2,376
Eliminations	44			1,311			(1,294		)	(87		)	26			—

Income (loss) from operations - external	$	6,911		$	(877	)	$	(1,221	)	$	(673	)	$	(1,764	)	$	2,376

Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Basic and Diluted Earnings per Unit

The following table shows the calculation of basic and diluted earnings per unit:



	Quarter Ended March 31,
(in thousands, except per unit amounts)	2020			2019
Net and comprehensive income (loss) attributable to Pope Resources’ unitholders	$	(3,941	)	$	3,311
Less:
Non-forfeitable distributions paid to unvested restricted unitholders	(35		)	(38		)
Preferred share dividends - ORM Timber Funds	(12		)	(12		)
Net and comprehensive income (loss) for calculation of earnings per unit	$	(3,988	)	$	3,261

Basic and diluted weighted average units outstanding	4,330			4,325

Basic and diluted net earnings (loss) per unit	$	(0.92	)	$	0.75

Commitments and Contingencies Disclosure (Tables)

3 Months Ended

Mar. 31, 2020

Commitments and Contingencies Disclosure [Abstract]

Activity in Environmental Liability

Activity in the environmental liability is as follows:



(in thousands)	Balance at Beginning of the Period	Additions to Accrual	Expenditures for Remediation		Balance at Period-end
Year ended December 31, 2018	4,979	5,600	(1,496	)	9,083
Year ended December 31, 2019	9,083	1,576	(649	)	10,010
Quarter ended March 31, 2020	10,010	—	(112	)	9,898

Merger (Details) - Pope Resources and Rayonier, Inc. Merger Agreement	Jan. 14, 2020 $ / shares shares
Rayonier, Inc.
Business Acquisition [Line Items]
Merger consideration (in shares)	3.929
Merger consideration (in dollars per share) \| $ / shares	$ 125
Merger consideration, prorated (in dollars per share) \| $ / shares	$ 37.50
Merger consideration, prorated (in shares)	2.751
Rayonier Operating Partnership LP
Business Acquisition [Line Items]
Merger consideration (in shares)	3.929
Merger consideration, prorated (in shares)	2.751

Revenue from Contract with Customer (Narrative) (Details) - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Disaggregation of Revenue [Line Items]
Accounts receivable, net	$ 4,618,000	$ 3,824,000
Contract liabilities	0	0
Receivables from contracts with customers
Disaggregation of Revenue [Line Items]
Accounts receivable, net	$ 4,100,000	$ 2,200,000

Revenue from Contract with Customer (Contract Assets) (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2020 USD ($)
Contract With Customer, Asset And Liability [Roll Forward]
Contract assets, December 31, 2019	$ 2,765
Revenue recognized from changes in estimates of variable consideration	4
Transferred to receivables from contract assets	(408)
Contract assets, March 31, 2020	$ 2,361

Revenue from Contract with Customer (Log Sale and Other Revenue) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Disaggregation of Revenue [Line Items]
Revenue	$ 24,385	$ 25,042
Partnership Timber
Disaggregation of Revenue [Line Items]
Revenue	12,076	15,171
Funds Timber
Disaggregation of Revenue [Line Items]
Revenue	12,050	9,440
Log sale revenue \| Partnership Timber
Disaggregation of Revenue [Line Items]
Revenue	9,861	14,722
Log sale revenue \| Funds Timber
Disaggregation of Revenue [Line Items]
Revenue	11,999	8,860
Timber deed sale revenue \| Partnership Timber
Disaggregation of Revenue [Line Items]
Revenue	1,638	0
Timber deed sale revenue \| Funds Timber
Disaggregation of Revenue [Line Items]
Revenue	4	0
Other revenue \| Partnership Timber
Disaggregation of Revenue [Line Items]
Revenue	577	449
Other revenue \| Funds Timber
Disaggregation of Revenue [Line Items]
Revenue	$ 47	$ 580

Revenue from Contract with Customer (Real Estate Revenue) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Disaggregation of Revenue [Line Items]
Revenue	$ 24,385	$ 25,042
Real Estate
Disaggregation of Revenue [Line Items]
Revenue	259	431
Real Estate \| Sale of unimproved land
Disaggregation of Revenue [Line Items]
Revenue	0	22
Real Estate \| Rentals and other
Disaggregation of Revenue [Line Items]
Revenue	$ 259	$ 409

Partners' Capital Notes Disclosure (Details)	Mar. 31, 2020 Partner shares	Dec. 31, 2019 shares
Equity [Abstract]
Number of general partners \| Partner	2
Number of partnership units owned by two general partners \| shares	60,000	60,000

Supplemental Balance Sheet Disclosures (Narrative) (Details)	3 Months Ended
	Mar. 31, 2020
Fund Two and Three
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Operating term for Fund	10 years
Fund IV
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Operating term for Fund	15 years
Fund II \| Pope Resources And Olympic Resource Management LLC
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Ownership interest	20.00%
Fund III \| Pope Resources And Olympic Resource Management LLC
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Ownership interest	5.00%
Fund IV \| Pope Resources And Olympic Resource Management LLC
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Ownership interest	15.00%

Supplemental Balance Sheet Disclosures (Partnership's Consolidated Balance Sheet included Assets and Liabilities of Funds) (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Assets:
Cash	$ 9,575	$ 6,197
Contract assets	2,361	2,765
Total current assets	21,469	17,011
Properties and equipment, net of accumulated depreciation	461,890	469,903
Total assets	489,862	493,549
Liabilities and equity:
Current liabilities	1,125	1,399
Total current liabilities	36,305	36,714
Total liabilities, partners’ capital and noncontrolling interests	489,862	493,549
Funds Timber
Assets:
Cash	9,575	6,197
Contract assets	2,361	2,765
Other current assets	2,621	2,427
Total current assets	14,557	11,389
Properties and equipment, net of accumulated depreciation	348,256	355,162
Total assets	362,813	366,551
Liabilities and equity:
Current liabilities	3,913	3,747
Current portion of long-term debt	24,994	24,990
Total current liabilities	28,907	28,737
Long-term debt, net of unamortized debt issuance costs and current portion	32,347	32,345
Funds’ equity	301,559	305,469
Total liabilities, partners’ capital and noncontrolling interests	$ 362,813	$ 366,551

Other Assets Disclosure (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Investment in Real Estate joint venture entity	$ 4,653	$ 4,954
Advances to Real Estate joint venture entity	1,000	1,000
Deferred tax assets, net	672	469
Right of use assets	128	161
Note receivable	49	50
Other	1	1
Total	$ 6,503	$ 6,635

Segment Reporting Disclosure (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	$ 24,385	$ 25,042
Cost of sales	(18,515)	(16,608)
Operating, general and administrative expenses	(12,322)	(6,058)
Income (loss) from operations	(6,452)	2,376
Partnership Timber
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	12,076	15,171
Cost of sales	(5,305)	(7,188)
Operating, general and administrative expenses	(1,030)	(1,072)
Income (loss) from operations	5,741	6,911
Funds Timber
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	12,050	9,440
Cost of sales	(12,893)	(9,139)
Operating, general and administrative expenses	(1,162)	(1,178)
Income (loss) from operations	(2,005)	(877)
Timberland Investment Management
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	0	0
Cost of sales	0	0
Operating, general and administrative expenses	(1,282)	(1,221)
Income (loss) from operations	(1,282)	(1,221)
Real Estate
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	259	431
Cost of sales	(317)	(281)
Operating, general and administrative expenses	(1,352)	(823)
Income (loss) from operations	(1,410)	(673)
Internal
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	26,178	26,726
Operating, general and administrative expenses	(14,115)	(7,742)
Income (loss) from operations	(6,452)	2,376
Internal \| Partnership Timber
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	12,275	15,372
Operating, general and administrative expenses	(1,279)	(1,317)
Income (loss) from operations	5,691	6,867
Internal \| Funds Timber
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	12,050	9,440
Operating, general and administrative expenses	(2,569)	(2,489)
Income (loss) from operations	(3,412)	(2,188)
Internal \| Timberland Investment Management
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	1,459	1,363
Operating, general and administrative expenses	(1,352)	(1,290)
Income (loss) from operations	107	73
Internal \| Real Estate
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	394	551
Operating, general and administrative expenses	(1,390)	(856)
Income (loss) from operations	(1,313)	(586)
Eliminations
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	(1,793)	(1,684)
Operating, general and administrative expenses	1,793	1,684
Income (loss) from operations	0	0
Eliminations \| Partnership Timber
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	(199)	(201)
Operating, general and administrative expenses	249	245
Income (loss) from operations	50	44
Eliminations \| Funds Timber
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	0	0
Operating, general and administrative expenses	1,407	1,311
Income (loss) from operations	1,407	1,311
Eliminations \| Timberland Investment Management
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	(1,459)	(1,363)
Operating, general and administrative expenses	70	69
Income (loss) from operations	(1,389)	(1,294)
Eliminations \| Real Estate
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	(135)	(120)
Operating, general and administrative expenses	38	33
Income (loss) from operations	(97)	(87)
Corporate, Non-Segment, Before Intersegment Eliminations
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	0	0
Operating, general and administrative expenses	(7,525)	(1,790)
Income (loss) from operations	(7,525)	(1,790)
Corporate, Non-Segment, Intersegment Eliminations
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	0	0
Operating, general and administrative expenses	29	26
Income (loss) from operations	29	26
Corporate, Non-Segment
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	0	0
Cost of sales	0	0
Operating, general and administrative expenses	(7,496)	(1,764)
Income (loss) from operations	$ (7,496)	$ (1,764)

Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Earnings Per Share [Abstract]
Net income (loss) attributable to Pope Resources' unitholders	$ (3,941)	$ 3,311
Comprehensive income (loss) attributable to Pope Resources' unitholders	(3,941)	3,311
Less:
Non-forfeitable distributions paid to unvested restricted unitholders	(35)	(38)
Preferred share dividends - ORM Timber Funds	(12)	(12)
Net and comprehensive income (loss) for calculation of earnings per unit	$ (3,988)	$ 3,261
Basic and diluted weighted average units outstanding (in units)	4,330	4,325
Basic and diluted net earnings (loss) per unit (in dollars per unit)	$ (0.92)	$ 0.75

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

Disclosure of Compensation Related Costs, Share Based Payments (Details) - Restricted Units - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity compensation units, granted in period (in units)	11,977
Vesting period of restricted stock unit award	4 years
Long Term Incentive Plans
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity compensation expense	$ 757	$ 593
Director
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity compensation units, granted in period (in units)	0

Cash Flow, Supplemental Disclosures (Details) - USD ($)	3 Months Ended
Cash Flow, Supplemental Disclosures (Details) - USD ($)	Mar. 31, 2020	Mar. 31, 2019
Supplemental Cash Flow Elements [Abstract]
Interest paid, net of amounts capitalized	$ 226,000	$ 415,000
Income taxes paid	$ 0	$ 20,000

Fair Value Disclosures (Details) - Fixed-Rate Debt - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt outstanding carrying value	$ 125.4	$ 125.4
Fair Value, Inputs, Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt outstanding fair value	$ 138.1	$ 133.1

Commitments and Contingencies Disclosure (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Site Contingency [Line Items]
Accrual for estimated environmental remediation costs	$ 9,898	$ 10,010	$ 9,083	$ 4,979
Environmental liability, next 12 months	993
Environmental liability thereafter	$ 8,900
Minimum
Site Contingency [Line Items]
Remediation period	2 years
Remediation activity monitoring period	10 years
Maximum
Site Contingency [Line Items]
Remediation period	3 years
Remediation activity monitoring period	15 years

Commitments and Contingencies Disclosure (Changes in Environmental Liability) (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Accrual for Environmental Loss Contingencies [Roll Forward]
Balance at Beginning of the Period	$ 10,010	$ 9,083	$ 4,979
Additions to Accrual	0	1,576	5,600
Expenditures for Remediation	(112)	(649)	(1,496)
Balance at Period-end	$ 9,898	$ 10,010	$ 9,083