PotlatchDeltic is a timberland real estate investment trust. Co.'s operations are organized into three reportable segments: Timberlands, Wood Products and Real Estate. Co.'s Timberlands segment consists of management activities including planting and harvesting trees and building and maintaining roads. The Timberlands segment also engaged in activities such as hunting leases, recreation permits and leases, mineral rights contracts, oil and gas royalties and carbon sequestration. Co.'s Wood Products segment manufactures and markets lumber, plywood and residual products. Co.'s Real Estate segment consist primarily of the sale of rural land and real estate development and subdivision activity.