CatchMark Timber Trust (CTT) 10-Q 14 May 14 2014 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 31, 2014	Apr. 30, 2014
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'CatchMark Timber Trust, Inc.	'
Entity Central Index Key	'0001341141	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Non-accelerated Filer	'
Document Type	'10-Q	'
Document Period End Date	31-Mar-14	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q1	'
Amendment Flag	'false	'
Entity Common Stock, Shares Outstanding	'	24,984,538

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Mar. 31, 2014	Dec. 31, 2013
Assets:	'	'
Cash and cash equivalents	$3,188,290	$8,613,907
Accounts receivable	1,143,907	593,546
Prepaid expenses and other assets	6,102,762	2,506,470
Deferred financing costs, less accumulated amortization of $84,292 and $9,633 as of March 31, 2014 and December 31, 2013, respectively	1,423,492	1,483,547
Timber assets, at cost (Note 3):	'	'
Timber and timberlands, net	324,417,926	325,726,398
Intangible lease assets, less accumulated amortization of $928,331 and $927,451 as of March 31, 2014 and December 31, 2013, respectively	28,754	29,634
Total assets	336,305,131	338,953,502
Liabilities:	'	'
Accounts payable and accrued expenses	2,681,181	3,127,857
Other liabilities	3,103,155	3,734,193
Note payable and line of credit (Note 4)	34,000,000	52,160,000
Total liabilities	39,784,336	59,022,050
Commitments and Contingencies (Note 6)	'	'
Stockholders’ Equity:	'	'
Additional paid-in capital	451,839,466	432,117,205
Accumulated deficit and distributions	-155,823,173	-152,688,059
Accumulated other comprehensive income	254,657	268,368
Total stockholders’ equity	296,520,795	279,931,452
Total liabilities and stockholders’ equity	336,305,131	338,953,502
Common Class A	'	'
Stockholders’ Equity:	'	'
Common stock, $0.01 par value	154,911	139,004
Common Class B-1	'	'
Stockholders’ Equity:	'	'
Common stock, $0.01 par value	31,645	31,645
Common Class B-2	'	'
Stockholders’ Equity:	'	'
Common stock, $0.01 par value	31,645	31,645
Common Class B-3	'	'
Stockholders’ Equity:	'	'
Common stock, $0.01 par value	$31,644	$31,644

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Deferred financing cost, accumulated amortization	$84,292	$9,633
Intangible lease assets, accumulated amortization	$928,331	$927,451
Common stock, par value	$0.01	'
Common stock, shares authorized	900,000,000	'
Common Class A	'	'
Common stock, par value	$0.01	$0.01
Common stock, shares authorized	889,500,000	889,500,000
Common stock, shares issued	15,491,110	13,900,382
Common stock, shares outstanding	15,491,110	13,900,382
Common Class B-1	'	'
Common stock, par value	$0.01	$0.01
Common stock, shares authorized	3,500,000	3,500,000
Common stock, shares issued	3,164,476	3,164,483
Common stock, shares outstanding	3,164,476	3,164,483
Common Class B-2	'	'
Common stock, par value	$0.01	$0.01
Common stock, shares authorized	3,500,000	3,500,000
Common stock, shares issued	3,164,476	3,164,483
Common stock, shares outstanding	3,164,476	3,164,483
Common Class B-3	'	'
Common stock, par value	$0.01	$0.01
Common stock, shares authorized	3,500,000	3,500,000
Common stock, shares issued	3,164,476	3,164,483
Common stock, shares outstanding	3,164,476	3,164,483

Consolidated_Statements_of_Ope

Consolidated Statements of Operations (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Revenues:	'	'
Timber sales	$8,096,855	$6,151,762
Timberland sales	65,250	543,950
Other revenues	707,832	692,079
Total revenues	8,869,937	7,387,791
Expenses:	'	'
Contract logging and hauling costs	3,746,904	3,263,470
Depletion	1,803,532	2,045,353
Cost of timberland sales	49,612	378,283
Forestry management expenses	696,438	576,704
General and administrative expenses	1,715,958	1,350,178
Land rent expense	215,168	310,146
Other operating expenses	645,386	660,572
Operating costs and expenses	8,872,998	8,584,706
Operating loss	-3,061	-1,196,915
Other income (expense):	'	'
Interest income	465	1,150
Interest expense	-385,463	-790,495
Loss on interest rate swap	0	-474
Total other income (expense)	-384,998	-789,819
Net loss	-388,059	-1,986,734
Dividends to preferred stockholder	0	-92,134
Net loss available to common stockholders	($388,059)	($2,078,868)
Per-share information—basic and diluted:	'	'
Net loss available to common stockholders	($0.02)	($0.16)
Weighted-average common shares outstanding —basic and diluted	24,834,373	12,713,817

Consolidated_Statements_of_Com

Consolidated Statements of Comprehensive Loss (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Statement of Comprehensive Income [Abstract]	'	'
Net loss	($388,059)	($1,986,734)
Other comprehensive income (loss):	'	'
Market value adjustment to interest rate swap	-13,711	92,473
Comprehensive loss	($401,770)	($1,894,261)

Consolidated_Statements_of_Sto

Consolidated Statements of Stockholders' Equity (USD $)	Total	Preferred Stock	Additional Paid-in Capital	Accumulated Deficit and Distributions	Accumulated Other Comprehensive Income (Loss)	Common Class A	Common Class B
						Common Stock	Common Stock
Stockholders' equity, beginning of year at Dec. 31, 2012	$210,087,189	$48,600,055	$301,538,949	($139,491,344)	($687,674)	$31,801	$95,402
Stockholders' equity, beginning of year (in shares) at Dec. 31, 2012	'	37,392	'	'	'	3,180,063	9,540,188
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'	'	'	'
Forfeiture of restricted stock award (in shares)	'	'	'	'	'	-202	-606
Forfeiture of restricted stock award	0	'	-197	205	'	-2	-6
Redemption of common stocks (in shares)	'	'	'	'	'	-3,533	-10,599
Redemption of common stock	-220,085	'	-219,944	'	'	-35	-106
Dividends on preferred stock	0	92,134	-92,134	'	'	'	'
Net loss	-1,986,734	'	'	-1,986,734	'	'	'
Market value adjustment on interest rate swap	92,473	'	'	'	92,473	'	'
Stockholders' equity, end of year at Mar. 31, 2013	207,972,843	48,692,189	301,226,674	-141,477,873	-595,201	31,764	95,290
Stockholders' equity, end of year (in shares) at Mar. 31, 2013	'	37,392	'	'	'	3,176,328	9,528,983
Stockholders' equity, beginning of year at Dec. 31, 2013	279,931,452	0	432,117,205	-152,688,059	268,368	139,004	94,934
Stockholders' equity, beginning of year (in shares) at Dec. 31, 2013	'	0	'	'	'	13,900,382	9,493,449
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'	'	'	'
Issuance of stock (in shares)	'	'	'	'	'	1,578,947	0
Issuance of common stock	21,315,784	'	21,299,995	'	'	15,789	0
Issuance of stock dividends (in shares)	'	'	'	'	'	11,787.81	0
Issuance of stock dividends	89,247	'	89,129	'	'	118	0
Redemption of common stocks (in shares)	'	'	'	'	'	-7.154	-21
Redemption of common stock	-370	'	-370	'	'	0	0
Dividends to common stockholders ($0.11 per share)	-2,747,055	'	'	-2,747,055	'	'	'
Other offering costs	-1,666,493	'	-1,666,493	'	'	'	'
Net loss	-388,059	'	'	-388,059	'	'	'
Market value adjustment on interest rate swap	-13,711	'	'	'	-13,711	'	'
Stockholders' equity, end of year at Mar. 31, 2014	$296,520,795	$0	$451,839,466	($155,823,173)	$254,657	$154,911	$94,934
Stockholders' equity, end of year (in shares) at Mar. 31, 2014	'	0	'	'	'	15,491,110	9,493,428

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Cash Flows from Operating Activities:	'	'
Net loss	($388,059)	($1,986,734)
Adjustments to reconcile net loss to net cash used in operating activities:	'	'
Depletion	1,803,532	2,045,353
Unrealized gain on interest rate swaps	0	-128,934
Other amortization	20,415	56,745
Stock-based compensation expense	82,997	0
Noncash interest expense	75,341	58,161
Basis of timberland sold	37,987	337,000
Changes in assets and liabilities:	'	'
Increase in accounts receivable	-550,361	-100,655
Decrease in prepaid expenses and other assets	529,036	189,234
Decrease in accounts payable and accrued expenses	-446,676	-195,277
Decrease in due to affiliates	0	-581,013
Decrease in other liabilities	-631,720	-617,506
Net cash provide by (used in) operating activities	532,492	-923,626
Cash Flows from Investing Activities:	'	'
Capital expenditures (excluding timberland acquisitions)	-278,106	-242,588
Timberland acquisitions	-4,347,265	0
Furniture and equipment	-60,000	0
Funds released from escrow accounts	0	184,225
Net cash used in investing activities	-4,685,371	-58,363
Cash Flows from Financing Activities:	'	'
Financing costs paid	-14,604	-524
Repayment of note payable	-18,160,000	0
Issuance of common stock	21,315,784	0
Redemptions of common stock	-370	-217,576
Dividends paid on common stockholders	-2,747,055	0
Stock issuance costs	-1,666,493	0
Net cash used in financing activities	-1,272,738	-218,100
Net decrease in cash and cash equivalents	-5,425,617	-1,200,089
Cash and cash equivalents, beginning of period	8,613,907	11,221,092
Cash and cash equivalents, end of period	$3,188,290	$10,021,003

Organization

Organization	3 Months Ended
	Mar. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Organization	'
	Organization
	On September 18, 2013, Wells Timberland REIT, Inc. changed its name to CatchMark Timber Trust, Inc. ("CatchMark Timber Trust"). CatchMark Timber Trust primarily engages in the ownership, management, acquisition, and disposition of timberlands located in the southeastern United States and has elected to be taxed as a real estate investment trust ("REIT") for federal income tax purposes. CatchMark Timber Trust was incorporated in Maryland in 2005 and commenced operations in 2007. CatchMark Timber Trust conducts substantially all of its business through CatchMark Timber Operating Partnership, L.P. (“CatchMark Timber OP”), a Delaware limited partnership formerly known as Wells Timberland Operating Partnership, L.P. CatchMark Timber Trust is the general partner of CatchMark Timber OP, possesses full legal control and authority over its operations, and owns 99.99% of its common partnership units. CatchMark LP Holder, LLC (“CatchMark LP Holder”), a wholly-owned subsidiary of CatchMark Timber Trust, is the sole limited partner of CatchMark Timber OP. In addition, CatchMark Timber TRS, Inc. (“CatchMark TRS”), a Delaware corporation formerly known as Wells Timberland TRS, Inc., was formed as a wholly owned subsidiary of CatchMark Timber OP on January 1, 2006. Unless otherwise noted, references herein to CatchMark Timber Trust shall include CatchMark Timber Trust and all of its subsidiaries, including CatchMark Timber OP, and the subsidiaries of CatchMark Timber OP, including CatchMark TRS.
	CatchMark Timber Trust previously operated as an externally advised REIT pursuant to an advisory agreement, as amended and restated (the "Advisory Agreement"), under which Wells Timberland Management Organization, LLC (“Wells TIMO”), a wholly owned subsidiary of Wells Capital, Inc. (“Wells Capital”), performed certain key functions on behalf of CatchMark Timber Trust, including, among others, managing the day-to-day operations, investing capital proceeds and arranging financing. On September 18, 2013, CatchMark Timber Trust and CatchMark Timber OP entered into a Master Self-Management Transition Agreement (the “Master Agreement”), along with a series of other agreements and transactions, with Wells Real Estate Funds, Inc. ("Wells REF") and Wells TIMO (together with their respective affiliates, “Wells”), pursuant to which CatchMark Timber Trust began its transition to a self-managed company. On October 25, 2013, CatchMark Timber Trust completed its transition to self-management. For additional details about the related agreements, please refer to Note 10 - Related Party Transactions and Agreements.
	As of March 31, 2014, CatchMark Timber Trust owned approximately 247,400 acres of timberland and held long-term leasehold interests in approximately 30,000 acres of additional timberland, all of which is located on the Lower Piedmont and Upper Coastal Plains of East Central Alabama and West Central Georgia (the "Mahrt Timberland"). CatchMark Timber Trust generates recurring income and cash flow from the harvest and sale of timber, as well as from non-timber related revenue sources, such as recreational leases. CatchMark Timber Trust also periodically generates income and cash flow from the sale of timberland properties that have a higher-value use beyond growing timber, such as properties that can be sold for development, conservation, recreational or other rural purposes at prices in excess of traditional timberland values. CatchMark Timber Trust expects to realize additional long-term returns from the potential appreciation in value of its timberlands as well as from the potential biological growth of its standing timber inventory in excess of its timber harvest.
	On October 24, 2013, CatchMark Timber Trust effected a ten-to-one reverse stock split of its then-outstanding common stock. Also on October 24, 2013, CatchMark Timber Trust redesignated all of its common stock as Class A common stock. On October 25, 2013, CatchMark Timber Trust paid a stock dividend pursuant to which each outstanding share of its Class A common stock on October 24, 2013, after effectiveness of the reverse stock split, received one share of Class B-1 common stock; plus one share of Class B-2 common stock; plus one share of Class B-3 common stock. These transactions are referred to as the Recapitalization. All common stock share and per share data included in these consolidated financial statements give retroactive effect to the Recapitalization. See Note 7 - Stockholders' Equity for more information on the Recapitalization.
	On September 23, 2013, CatchMark Timber Trust filed a Registration Statement on Form S-11 with the SEC for a public offering of up to $172.5 million of its Class A common stock. On December 12, 2013, CatchMark Timber Trust listed its Class A common stock on the New York Stock Exchange (the "NYSE") under the ticker symbol "CTT". CatchMark Timber Trust completed its listed public offering on December 17, 2013, issuing approximately 10.5 million shares and received gross proceeds of approximately $142.1 million (the "IPO"). After deducting underwriter discounts and commissions of $9.9 million and direct IPO costs of $1.6 million, approximately $80.2 million of the net proceeds were used to repay its outstanding loan balance, $49.0 million were used to redeem the outstanding shares of the Series A and B preferred stock held by Wells REF and the accrued but unpaid dividend.
	On January 9, 2014, the underwriters for the IPO exercised their overallotment option to purchase approximately 1.6 million shares of CatchMark Timber Trust's Class A common stock in full. After deducting $1.5 million of underwriter discounts and commissions, CatchMark Timber Trust received net proceeds of $19.8 million, $18.2 million of which was used to pay down the outstanding note payable.

Summary_of_Significant_Account

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2014
Accounting Policies [Abstract]	'
Summary of Significant Accounting Policies	'
	Summary of Significant Accounting Policies
	Basis of Presentation and Principles of Consolidation
	The consolidated financial statements of CatchMark Timber Trust have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) and shall include the accounts of any variable interest entity (“VIE”) in which the Company or its subsidiaries is deemed the primary beneficiary. With respect to entities that are not VIEs, CatchMark Timber Trust’s consolidated financial statements shall also include the accounts of any entity in which CatchMark Timber Trust or its subsidiaries owns a controlling financial interest and any limited partnership in which CatchMark Timber Trust or its subsidiaries owns a controlling general partnership interest. In determining whether a controlling interest exists, CatchMark Timber Trust considers, among other factors, the ownership of voting interests, protective rights, and participatory rights of the investors.
	CatchMark Timber Trust owns a controlling financial interest in CatchMark Timber OP, CatchMark LP Holder and CatchMark TRS and, accordingly, includes the accounts of these entities in its consolidated financial statements. The financial statements of CatchMark Timber OP, CatchMark LP Holder and CatchMark TRS are prepared using accounting policies consistent with those used by CatchMark Timber Trust. All intercompany balances and transactions have been eliminated in consolidation.
	For further information, refer to the audited financial statements and footnotes included in CatchMark Timber Trust’s Annual Report on Form 10-K for the year ended December 31, 2013.
	Fair Value Measurements
	CatchMark Timber Trust estimates the fair value of its assets and liabilities (where currently required under GAAP) consistent with the provisions of the accounting standard for fair value measurements and disclosures. Under this guidance, fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. While various techniques and assumptions can be used to estimate fair value depending on the nature of the asset or liability, the accounting standard for fair value measurements and disclosures provides the following fair value technique parameters and hierarchy, depending upon availability:
	Level 1 — Assets or liabilities for which the identical term is traded on an active exchange, such as publicly-traded instruments or futures contracts.
	Level 2 — Assets and liabilities valued based on observable market data for similar instruments.
	Level 3 — Assets or liabilities for which significant valuation assumptions are not readily observable in the market. Such assets or liabilities are valued based on the best available data, some of which may be internally developed. Significant assumptions may include risk premiums that a market participant would require.
	Fair Value of Debt Instruments
	CatchMark Timber Trust applied the provisions of the accounting standard for fair value measurements and disclosures in estimations of fair value of its debt instruments based on Level 2 assumptions. The fair value of the outstanding note payable was estimated based on discounted cash flow analysis using the current observable market borrowing rates for similar types of borrowing arrangements as of the measurement date. The discounted cash flow method of assessing fair value results in a general approximation of book value, and such value may never actually be realized.
	Interest Rate Swaps
	CatchMark Timber Trust has entered into interest rate swap contracts to mitigate its exposure to changing interest rates on variable rate debt instruments. CatchMark Timber Trust does not enter into derivative or interest rate transactions for speculative purposes; however, certain of its derivatives may not qualify for hedge accounting treatment. The fair values of interest rate swaps are recorded as either prepaid expenses and other assets or other liabilities in the accompanying consolidated balance sheets. Changes in the fair value of the effective portion of interest rate swaps that are designated as hedges are recorded as other comprehensive income (loss), while changes in the fair value of the ineffective portion of hedges, if any, are recognized in current earnings. Changes in the fair value of interest rate swaps that do not qualify for hedge accounting treatment are recorded as gain (loss) on interest rate swap in the consolidated statements of operations. Amounts received or paid under interest rate swaps are recorded as interest expense for contracts that qualify for hedge accounting treatment and as gain (loss) on interest rate swaps for contracts that do not qualify for hedge accounting treatment.
	CatchMark Timber Trust applied the provisions of the accounting standard for fair value measurements and disclosures in recording its interest rate swaps at fair value. The fair values of interest rate swaps, classified under Level 2, were determined using a third-party proprietary model that is based on prevailing market data for contracts with matching durations, current and anticipated London Interbank Offered Rate ("LIBOR") information, consideration of CatchMark Timber Trust's credit standing, credit risk of counterparties, and reasonable estimates about relevant future market conditions.
	The following table presents information about CatchMark Timber Trust’s interest rate swap measured at fair value as of March 31, 2014 and December 31, 2013:
			Estimated Fair Value as of
	Instrument Type	Balance Sheet Classification	March 31, 2014		December 31, 2013
	Derivatives designated as hedging instruments:
	Interest rate swap contract	Prepaid expenses and other assets	$	254,657	$	268,368
	For additional information about CatchMark Timber Trust's interest rate swaps, see Note 5 –Interest Rate Swap Agreement.
	Earnings Per Share
	Basic earnings (loss) per share available to common stockholders is calculated as net income (loss) available to common stockholders divided by the weighted-average number of common shares outstanding during the period. Weighted-average number of common shares information presented in the accompanying consolidated statements of operations is retroactively adjusted for all periods presented to reflect the impact of the Recapitalization. Net income (loss) available to common stockholders is calculated as net income (loss) less dividends payable to or accumulated to preferred stockholders. Diluted earnings (loss) per share available to common stockholders equals basic earnings per share available to common stockholders, adjusted to reflect the dilution that would occur if all outstanding securities convertible into common shares or contracts to issue common shares were converted or exercised and the related proceeds are then used to repurchase common shares. Basic and diluted earnings (loss) per share were the same for all periods presented as the dilutive effect of outstanding securities was immaterial.
	Income Taxes
	CatchMark Timber Trust has elected to be taxed as a REIT under the Internal Revenue Code of 1986, as amended (the “Code”), and has operated as such beginning with its taxable year ended December 31, 2009. To qualify to be taxed as a REIT, CatchMark Timber Trust must meet certain organizational and operational requirements, including a requirement to distribute at least 90% of its ordinary taxable income to its stockholders. As a REIT, CatchMark Timber Trust generally is not subject to federal income tax on taxable income it distributes to stockholders. CatchMark Timber Trust is subject to certain state and local taxes related to the operations of timberland properties in certain locations, which have been provided for in the accompanying consolidated financial statements. CatchMark Timber Trust records interest and penalties related to uncertain tax positions as general and administrative expense in the accompanying consolidated statements of operations.
	CatchMark Timber Trust has elected to treat CatchMark Timber Trust TRS as a taxable REIT subsidiary. CatchMark Timber Trust may perform certain non-customary services, including real estate or non-real-estate related services, through CatchMark Timber Trust TRS. Earnings from services performed through CatchMark Timber Trust TRS are subject to federal and state income taxes irrespective of the dividends paid deduction available to REITs for federal income tax purposes. In addition, for CatchMark Timber Trust to continue to qualify to be taxed as a REIT, CatchMark Timber Trust’s investment in CatchMark Timber Trust TRS may not exceed 25% of the value of the total assets of CatchMark Timber Trust.
	Deferred tax assets and liabilities represent temporary differences between the financial reporting basis and the tax basis of assets and liabilities based on the enacted rates expected to be in effect when the temporary differences reverse. Deferred tax expense or benefit is recognized in the financial statements according to the changes in deferred tax assets or liabilities between years. Valuation allowances are established to reduce deferred tax assets when it becomes more likely than not that such assets, or portions thereof, will not be realized.
	No provision for federal income taxes has been made in the accompanying consolidated financial statements, other than the provision relating to CatchMark Timber Trust TRS, as CatchMark Timber Trust did not generate taxable income for the periods presented.
	Reclassification
	Certain prior period amounts have been reclassified to conform with the current period's financial statement presentation. The reclassification relates to including advisor fees and expense reimbursements payable to Wells TIMO as presented in the previous period in general and administrative expenses in the accompanying consolidated statement of operations.
	Recent Accounting Pronouncements
	In July 2013, FASB issued Accounting Standards Update 2013-11, Income Taxes: Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists ("ASU 2013-11"). ASU 2013-11 requires an entity to present an unrecognized tax benefit in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward. To the extent a net operating loss carryforward, a similar tax loss, or a tax credit carryforward is not available at the reporting date or not intended to be used to settle any additional income taxes that would result in the dis-allowance of a tax position in which case the unrecognized tax benefit should be presented in the financial statements as a liability and should not be combined with deferred tax assets. ASU 2013-11 became effective for CatchMark Timber Trust for the period beginning on January 1, 2014. The adoption of ASU 2013-11 did not have a material impact on CatchMark Timber Trust's financial statements or disclosures.

Timber_Assets

Timber Assets	3 Months Ended
	Mar. 31, 2014
Property, Plant and Equipment [Abstract]	'
Timber Assets	'
	Timber Assets
	As of March 31, 2014 and December 31, 2013, timber and timberlands consisted of the following, respectively:
		As of March 31, 2014
		Gross		Accumulated		Net
				Depletion or
				Amortization
	Timber	$	141,803,911	$	1,803,532	$	140,000,379
	Timberlands	184,177,425		—		184,177,425
	Mainline roads	498,237		258,115		240,122
	Timber and timberlands	$	326,479,573	$	2,061,647	$	324,417,926
		As of December 31, 2013
		Gross		Accumulated		Net
				Depletion or
				Amortization
	Timber	$	149,859,173	$	8,505,024	$	141,354,149
	Timberlands	184,114,333		—		184,114,333
	Mainline roads	498,237		240,321		257,916
	Timber and timberlands	$	334,471,743	$	8,745,345	$	325,726,398
	During the three months ended March 31, 2014 and 2013, CatchMark Timber Trust acquired a fee simple interest in 203 acres of timberland located in Talbot county, Georgia, for approximately $0.2 million, excluding closing costs. During the three months ended March 31, 2014 and 2013, CatchMark Timber Trust sold approximately 29 acres and 253 acres of timberland, respectively, for approximately $0.07 million and $0.5 million, respectively. CatchMark Timber Trust’s cost basis in the timberland sold was approximately $0.04 million and $0.3 million, respectively.

Note_Payable_and_Line_of_Credi

Note Payable and Line of Credit	3 Months Ended
	Mar. 31, 2014
Debt Disclosure [Abstract]	'
Note Payable and Line of Credit	'
	Note Payable and Line of Credit
	On December 19, 2013, CatchMark Timber Trust entered into a third amended and restated credit agreement with a syndicate of banks with CoBank, ACB (“CoBank”) serving as the administrative agent (the "Amended CoBank Loan"). The Amended CoBank Loan amends and restates in its entirety the existing senior credit agreement dated as of September 28, 2012.
	The Amended CoBank Loan provides for borrowing under credit facilities consisting of:
	•	a $15.0 million revolving credit facility (the “Revolving Credit Facility”),
	•	a $150.0 million multi-draw term credit facility (the “Multi-Draw Term Facility”), and
	•	the remaining amount outstanding under the original CoBank term loan (the “Term Loan Facility”, and together with the Revolving Credit Facility and the Multi-Draw Term Facility, the “New Credit Facilities”), which was $52.2 million.
	The Amended CoBank Loan provides that the New Credit Facilities may be increased, upon the agreement of lenders willing to increase their loans, by up to $75.0 million, consisting of up to a $10.0 million increase in the Revolving Credit Facility and the remainder available for incremental term loans.
	Borrowings under the Revolving Credit Facility may be used for working capital, to support letters of credit and other general corporate purposes, but may not be used for timber acquisitions. The Revolving Credit Facility will bear interest at an adjustable rate equal to a base rate plus between 0.50% and 1.75% or one-month LIBOR rate plus between 1.50% and 2.75%, in each case depending on CatchMark Timber Trust's loan-to-collateral-value ratio (the "LTV Ratio") and will terminate and all amounts under the facility will be due and payable on December 19, 2018.
	The Multi-Draw Credit Facility may be drawn upon up to five times during the period beginning on December 19, 2013 through December 19, 2016 and may be used to finance domestic timber acquisitions and associated expenses. Amounts repaid under the Multi-Draw Credit Facility may be re-borrowed prior to the third anniversary of the closing date. The Multi-Draw Facility will bear interest at an adjustable rate equal to a base rate plus between 0.75% and 2.00% or a LIBOR rate plus between 1.75% and 3.00%, in each case depending on the LTV Ratio, and will terminate and all amounts under the facility will be due and payable on December 19, 2020. The Multi-Draw Credit Facility is interest only until the maturity date; however, if the CatchMark Timber Trust’s LTV Ratio is equal to or in excess of 35%, then principal payments will be required to be made beginning on December 31, 2016 at a per annum rate of 7.50% of the principal amount outstanding under the Multi-Draw Credit Facility.
	The Term Loan Facility will bear interest at an adjustable rate equal to a base rate plus between 0.50% and 1.75% or a LIBOR rate plus between 1.50% and 2.75%, in each case depending on the CatchMark Timber Trust’s LTV Ratio, and will terminate and all amounts under the facility will be due and payable on December 19, 2018.
	The Amended CoBank Loan is secured by a first mortgage in the CatchMark Timber Trust's timberlands, a first priority security interest in all bank accounts held by CatchMark Timber Trust, and a first priority security interest on all other assets of CatchMark Timber Trust. In addition, CatchMark Timber Trust’ obligations under the Amended CoBank Loan are guaranteed by its subsidiaries.
	The Amended CoBank Loan contains, among others, the following financial covenants:
	•	limits the LTV Ratio to 45% at the end of each fiscal quarter and upon the sale or acquisition of any property;
	•	requires a minimum liquidity balance of $10.0 million until the date that CatchMark Timber Trust has achieved a fixed charge coverage ratio of not less than 1.05:1.00; after such date CatchMark Timber Trust must maintain a fixed coverage charge ratio of not less than 1.05:1.00.
	CatchMark Timber Trust was in compliance with the financial covenants of the Amended CoBank Loan as of March 31, 2014.
	On January 9, 2014, CatchMark Timber Trust paid down the Amended CoBank Loan by $18.2 million using proceeds from the IPO. As of March 31, 2014, the outstanding balance of the Amended CoBank Loan was $34.0 million, all of which was outstanding under the Term Loan Facility.
	Interest Paid and Fair Value of Outstanding Debt
	During the three months ended March 31, 2014 and 2013, CatchMark Timber Trust made interest payments of approximately $0.2 million and $0.7 million, respectively, on its borrowings:
	As of March 31, 2014 and 2013, the weighted-average interest rate on these borrowings, after consideration of an interest rate swap (see Note 5 – Interest Rate Swap Agreement), was 2.39% and 2.63%, respectively. As of March 31, 2014 and 2013, the fair value of CatchMark Timber Trust's outstanding debt approximated its book value. The fair value was estimated based on discounted cash flow analysis using the current market borrowing rates for similar types of borrowing arrangements as of the measurement dates.

Interest_Rate_Swap_Agreement

Interest Rate Swap Agreement	3 Months Ended
	Mar. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]	'
Interest Rate Swaps	'
	Interest Rate Swap Agreement
	During the three months ended March 31, 2014, CatchMark Timber Trust used one interest rate swap agreement with a notional amount of $33.0 million to hedge its exposure to changing interest rates on its variable rate debt (the “Rabobank Forward Swap”). The Rabobank Forward Swap became effective on March 28, 2013 and matures on September 30, 2017. Under the terms of the Rabobank Forward Swap, CatchMark Timber Trust pays interest at a fixed rate of 0.9075% per annum to Rabobank and receives one-month LIBOR-based interest payments from Rabobank. The Rabobank Forward Swap qualifies for hedge accounting treatment.
	During the three months ended March 31, 2014, CatchMark Timber Trust recognized a change in fair value of the Rabobank Forward Swap of approximately $0.01 million as other comprehensive income. There was no hedge ineffectiveness on the Rabobank Forward Swap required to be recognized in current earnings. Net payments of approximately $0.06 million made under the Rabobank Forward Swap by CatchMark Timber Trust during the three months ended March 31, 2014 was recorded as interest expense.

Commitments_and_Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Commitments and Contingencies	'
	Commitments and Contingencies
	MeadWestvaco Timber Agreements
	In connection with the acquisition of its timberlands, CatchMark Timber Trust entered into a fiber supply agreement and a master stumpage agreement (collectively, the “Timber Agreements”) with a wholly owned subsidiary of MeadWestvaco Corporation (“MeadWestvaco”). The fiber supply agreement provides that MeadWestvaco will purchase specified tonnage of timber from CatchMark TRS at specified prices per ton, depending upon the type of timber. The fiber supply agreement is subject to quarterly market pricing adjustments based on an index published by Timber Mart-South, a quarterly trade publication that reports raw forest product prices in 11 southern states. The master stumpage agreement provides that CatchMark Timber Trust will sell specified amounts of timber and make available certain portions of its timberlands to CatchMark TRS for harvesting. The initial term of the Timber Agreements is October 9, 2007 through December 31, 2032, subject to extension and early termination provisions. The Timber Agreements ensure a long-term source of supply of wood fiber products for MeadWestvaco in order to meet its paperboard and lumber production requirements at specified mills and provide CatchMark Timber Trust with a reliable customer for the wood products from its timberlands.
	FRC Timberland Operating Agreement
	CatchMark Timber Trust is party to a timberland operating agreement with Forest Resource Consultants, Inc. (“FRC”). Pursuant to the terms of the timberland operating agreement, FRC manages and operates CatchMark Timber Trust's timberlands and related timber operations, including ensuring delivery of timber to MeadWestvaco in compliance with the Timber Agreements. In consideration for rendering the services described in the timberland operating agreement, CatchMark Timber Trust pays FRC (i) a monthly management fee based on the actual acreage FRC manages, which is payable monthly in advance, and (ii) an incentive fee based on net revenues generated by the timberlands. The incentive fee is payable annually in arrears. The timberland operating agreement, as amended, is effective through December 31, 2014, with the option to extend for one-year periods and may be terminated by either party with mutual consent or by CatchMark Timber Trust with or without cause upon providing 120 days’ prior written notice.
	Litigation
	From time to time, CatchMark Timber Trust may be a party to legal proceedings, claims, and administrative proceedings that arise in the ordinary course of its business. Management makes assumptions and estimates concerning the likelihood and amount of any reasonably possible loss relating to these matters using the latest information available. CatchMark Timber Trust records a liability for litigation if an unfavorable outcome is probable and the amount of loss or range of loss can be reasonably estimated. If an unfavorable outcome is probable and a reasonable estimate of the loss is a range, CatchMark Timber Trust accrues the best estimate within the range. If no amount within the range is a better estimate than any other amount, CatchMark Timber Trust accrues the minimum amount within the range. If an unfavorable outcome is probable but the amount of the loss cannot be reasonably estimated, CatchMark Timber Trust discloses the nature of the litigation and indicates that an estimate of the loss or range of loss cannot be made. If an unfavorable outcome is reasonably possible and the estimated loss is material, CatchMark Timber Trust discloses the nature and estimate of the possible loss of the litigation. CatchMark Timber Trust does not disclose information with respect to litigation where an unfavorable outcome is considered to be remote.
	CatchMark Timber Trust is not currently involved in any legal proceedings of which the outcome is reasonably likely to have a material adverse effect on the results of operations or financial condition of CatchMark Timber Trust. CatchMark Timber Trust is not aware of any legal proceedings contemplated by governmental authorities.

Stockholders_Equity

Stockholders' Equity	3 Months Ended
	Mar. 31, 2014
Stockholders' Equity Note [Abstract]	'
Stockholders' Equity	'
	Stockholders' Equity
	Under CatchMark Timber Trust's charter, it has authority to issue a total of 1 billion shares of capital stock. Of the total shares authorized, 900 million shares are designated as common stock with a par value of $0.01 per share, 100 million shares are designated as preferred stock.
	Common Stock - Recapitalization and IPO
	On October 24, 2013, CatchMark Timber Trust effectuated a ten-to-one reverse stock split of its outstanding common stock (the “Reverse Stock Split”). Immediately following the Reverse Stock Split, CatchMark Timber Trust re-designated all of its then-authorized common stock as "Class A Common Stock". A stock dividend was declared and paid on October 25, 2013 (the “Stock Dividend” and, together with the Reverse Stock Split, the “Recapitalization”) pursuant to which each share of common stock outstanding as of October 24, 2013, following the Reverse Stock Split, received:
	•one share of Class B-1 common stock; plus
	•one share of Class B-2 common stock; plus
	•one share of Class B-3 common stock.
	Any fractional shares of Class A common stock outstanding after the reverse stock split also received an equivalent fractional share of Class B-1, Class B-2 and Class B-3 common stock, which was then immediately converted into Class A common stock. The Recapitalization was effective upon filing amendments to CatchMark Timber Trust's charter with State Department of Assessments and Taxation of Maryland on October 24, 2013. CatchMark Timber Trust refers to Class B-1 common stock, Class B-2 common stock, and Class B-3 common stock collectively as “Class B common stock,” and Class A and Class B common stock collectively as “common stock.”
	On December 12, 2013, CatchMark Timber Trust listed its Class A common stock on NYSE (the "Listing"). CatchMark Timber Trust completed the IPO on December 17, 2013, issuing approximately 10.5 million shares of its Class A common stock.
	CatchMark Timber Trust's Class B common stock is identical to its Class A common stock except that (1) CatchMark Timber Trust does not intend to list its Class B common stock on a national securities exchange and (2) shares of Class B common stock will convert automatically into shares of Class A common stock, pursuant to provisions of CatchMark Timber Trust's charter, on the following schedule:
	•June 12, 2014, in the case of the Class B-1 common stock;
	•December 12, 2014, in the case of the Class B-2 common stock; and
	•June 12, 2015, in the case of the Class B-3 common stock.
	The board of directors has the authority to accelerate the conversion of the Class B-2 shares and the Class B-3 shares to dates not earlier than nine months and twelve months, respectively, following the listing with the consent of the underwriter of the IPO. On the eighteen-month anniversary of the listing, all shares of the Class B common stock will have converted into the Class A common stock.
	The combined effect of the ten-to-one reverse stock split and the stock dividend is equivalent to a 2.5-to-one reverse stock split. The Recapitalization also had the effect of decreasing the total number of outstanding shares of CatchMark Timber Trust's common stock, but did not change the number of shares of common stock that are authorized for issuance under the charter. After the Recapitalization, of the total shares of common stock authorized, 889.5 million shares are designated as Class A common stock, 3.5 million are designated as Class B-1 common stock, 3.5 million are designated as Class B-2 common stock, and 3.5 million are designated as Class B-3 common stock. All classes of CatchMark Timber Trust's common stock have a par value of $0.01 per share.
	On October 23, 2013, immediately prior to the Reverse Stock Split, approximately 31.7 million shares of CatchMark Timber Trust's common stock were outstanding. As of October 25, 2013, in aggregate after the Recapitalization, approximately 12.7 million shares of Class A and Class B common stock were outstanding. Of this amount, approximately 3.2 million shares were Class A common stock (representing 25% of total outstanding common stock) and approximately 9.5 million shares were Class B common stock (representing 75% of our total outstanding common stock).
	The Recapitalization was effected on a pro rata basis with respect to all stockholders. Accordingly, it did not affect any stockholder’s proportionate ownership of CatchMark Timber Trust's outstanding shares.
	On January 9, 2014, the underwriters for the IPO exercised their overallotment option to purchase approximately 1.6 million shares of CatchMark Timber Trust's Class A common stock in full. After deducting approximately $1.5 million of underwriter discounts and commissions, CatchMark Timber Trust received net proceeds of approximately $19.8 million, $18.2 million of which was used to pay down the outstanding note payable.
	Share Redemption Plan
	Prior to its termination on October 31, 2013, the SRP allowed stockholders who hold their shares for more than one year to sell their shares back to CatchMark Timber Trust, subject to certain limitations and penalties. Since no proceeds had been received from the sale of shares through DRP, the SRP was funded by a monthly, non-cumulative reserve of $150,000 set aside by the board of directors for redemptions in connection with death, qualifying disability, or qualification for federal assistance for confinement to a long-term care facility (“Qualified Special Redemptions”). CatchMark Timber Trust did not redeem any shares under the SRP other than Qualified Special Redemptions. Qualified Special Redemptions did not require a one-year holding period.
	During the three months ended March 31, 2013, 35,327 shares of common stock were redeemed pursuant to the SRP for approximately $0.2 million. The price paid for these shares equaled $6.23 per share, representing 95% of the estimated per-share value of CatchMark Timber Trust's common stock as of September 30, 2012.
	The SRP was terminated as of October 31, 2013.

Stock_Based_Compensation

Stock Based Compensation	3 Months Ended
	Mar. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Stock Based Compensation	'
	Stock Based Compensation
	Amended and Restated Long-Term Incentive Plan
	On October 24, 2013, CatchMark Timber Trust’s board of directors approved the Amended and Restated 2005 Long-Term Incentive Plan (the “LTIP”), effective on October 25, 2013, to (i) increase the number of shares of common stock available for issuance thereunder to 1,150,000 shares of Class A common stock and 50,000 shares of each of the Class B-1, Class B-2 and Class B-3 common stock, (ii) extend the term of the LTIP to October 25, 2023, (iii) incorporate into the plan document previously-approved, stand-alone amendments, and (iv) make certain additional ministerial changes.
	Equity Compensation for Independent Directors
	Below is a summary of independent director's equity compensation arrangements under the LTIP:
	•	From November 13, 2009 to January 1, 2014, each independent director received a grant of 1,000 shares of restricted stock upon his initial appointment to the board. Upon each subsequent re-election to the board, each independent director received a subsequent grant of 400 shares of restricted stock.
	•	Effective January 1, 2014, each independent directors receives, on the third business day following the date on which CatchMark Timber Trust files its annual report on Form 10-K with the SEC, a number of restricted shares having a value of $30,000 on the grant date. The number of restricted shares granted to each independent director will be determined by dividing $30,000 by the fair market value per share of CatchMark Timber Trust's common stock on the grant date.
	The restricted shares vest in thirds on each of the first three anniversaries of the grant, subject to the independent director’s continued service on the board on each such date, or on the earlier occurrence of a change in control of our company or the independent director’s death, disability or termination with cause.
	During the three months ended March 31, 2014, 10,875 shares of restricted stock were granted to the independent directors. As of March 31, 2014, CatchMark Timber Trust had granted 20,475 shares of restricted stock to the independent directors, 3,467 shares of which had vested and 1,467 shares of which were forfeited upon the resignation of two independent directors.

Supplemental_Disclosures_of_No

Supplemental Disclosures of Noncash Activities	3 Months Ended
	Mar. 31, 2014
Supplemental Cash Flow Elements [Abstract]	'
Supplemental Disclosures of Noncash Activities	'
	Supplemental Disclosures of Noncash Activities
	Outlined below are significant noncash investing and financing transactions for the three months ended March 31, 2014 and 2013, respectively:
		2014			2013
	Dividends accrued on preferred stock	$	—		$	92,134
	Forfeiture of restricted stock award	$	—		$	205
	Market value adjustment to interest rate swap that qualifies for hedge accounting treatment	$	(13,711	)	$	92,473
	Accrued redemption of common stock	$	—		$	2,509

RelatedParty_Transactions_and_

Related-Party Transactions and Agreements	3 Months Ended
	Mar. 31, 2014
Related Party Transactions [Abstract]	'
Related-Party Transactions and Agreements	'
	Related-Party Transactions and Agreements
	Advisory Agreement with Wells TIMO
	Prior to its transition to self-management on October 25, 2013, CatchMark Timber Trust was externally advised by Wells TIMO pursuant to an Advisory Agreement, where Wells TIMO performed certain key functions on behalf of CatchMark Timber Trust, including, among others, management of day-to-day operations and investment of capital proceeds. The Advisory Agreement terminated on October 25, 2013.
	During the three months ended March 31, 2013, CatchMark Timber Trust incurred approximately $0.7 million of advisor fees and expense reimbursements payable to Wells TIMO, which was included in general and administrative expenses in the accompanying consolidated statement of operations.
	Master Self-Management Transition Agreement and Termination of Advisory Agreement
	On September 18, 2013, CatchMark Timber Trust, CatchMark Timber OP, Wells REF and Wells TIMO entered into the Master Agreement, which sets forth the framework for CatchMark Timber Trust’s separation from Wells and its transition to self-management. On October 24, 2013, the parties entered into the Master Agreement Amendment and terminated the Advisory Agreement effective October 25, 2013.
	Pursuant to the Master Agreement, Wells agreed to facilitate and support CatchMark Timber Trust’s efforts to hire up to eight employees of Wells identified by CatchMark Timber Trust who, as of the date of the Master Agreement, performed substantial services for CatchMark Timber Trust pursuant to the Advisory Agreement (collectively, the “Targeted Personnel”). On October 25, 2013, CatchMark Timber Trust hired the Targeted Personnel selected by CatchMark Timber Trust with such compensation and benefits as determined by CatchMark Timber Trust.
	Upon the termination of the Advisory Agreement, the special limited partnership units held by Wells TIMO in CatchMark Timber OP were automatically redeemed by CatchMark Timber OP, and Wells TIMO was not entitled to any consideration in connection with such redemption. On October 25, 2013, CatchMark LP Holder purchased all of Wells TIMO’s common limited partnership units in CatchMark Timber OP for an aggregate purchase price of $1,312. For further information on the special limited partnership units, refer to the consolidated financial statements and accompanying notes included in CatchMark Timber Trust's Annual Report on Form 10-K for the year ended December 31, 2012.
	Transition Services Agreement
	Pursuant to the Master Agreement, CatchMark Timber Trust and Wells REF entered into a Transition Services Agreement (the “TSA”) on October 25, 2013, pursuant to which Wells REF and its affiliates will provide certain consulting, support, and transitional services to CatchMark Timber Trust at the direction of CatchMark Timber Trust in order to facilitate CatchMark Timber Trust’s successful transition to self-management.
	In exchange for the services provided by Wells REF under the TSA, CatchMark Timber Trust or CatchMark Timber OP pays Wells REF a monthly consulting fee of $22,875 (the “Consulting Fee”). In addition to the Consulting Fee, CatchMark Timber Trust or CatchMark Timber OP pays directly or reimburse Wells REF for any third-party expenses paid or incurred by Wells REF and its affiliates on CatchMark Timber Trust’s behalf or CatchMark Timber OP behalf in connection with the services provided pursuant to the TSA; provided, however, that (1) Wells REF will obtain written approval from CatchMark Timber Trust or CatchMark Timber OP prior to incurring any third-party expenses for the account of, or reimbursable by, CatchMark Timber Trust or CatchMark Timber OP and (2) CatchMark Timber Trust is not required to reimburse Wells REF for any administrative service expenses, including Wells REF’s overhead, personnel costs, and costs of goods used in the performance of services under the TSA.
	The TSA will remain in effect until June 30, 2014 unless otherwise terminated in accordance with the terms of the TSA. The TSA may be terminated (1) immediately by CatchMark Timber Trust or Wells REF for causes, as defined in the TSA, or (2) by CatchMark Timber Trust or Wells REF upon 60 days’ written notice for any reason. Following the termination of the TSA, Wells REF will not be entitled to continue to receive the Consulting Fee; provided, however, that (1) Wells REF will be entitled to receive from CatchMark Timber Trust within 30 days after the termination date all unpaid reimbursements of expenses and all earned but unpaid Consulting Fees payable to Wells REF prior to the termination date, and (2) if CatchMark Timber Trust terminates the TSA without cause prior to June 30, 2014, Wells REF will be entitled to receive the Consulting Fee through June 30, 2014.
	Sublease Agreement
	Pursuant to the Master Agreement, Wells REF and CatchMark Timber OP entered into the Sublease Agreement (the "Sublease") on October 25, 2013, pursuant to which CatchMark Timber OP sublet from Wells REF a portion of the office space used and occupied by Wells REF. The term of the Sublease commenced on October 25, 2013 and terminated on March 31, 2014. CatchMark Timber OP paid Wells REF a monthly rent of $5,961 pursuant to the Sublease, while no rent was payable for October, November and December 2013.
	Indemnification Agreements
	On September 18, 2013, CatchMark Timber Trust entered into indemnification agreements, effective as of September 18, 2013, with each of CatchMark Timber Trust’s then-current directors and executive officers and Jerry Barag and John F. Rasor (collectively, the “Indemnitees”). Pursuant to the indemnification agreements, CatchMark Timber Trust will indemnify each Indemnitee to the maximum extent permitted by Maryland law against any judgments, damages, liabilities, losses or expenses incurred by such Indemnitee by reason of such Indemnitee's status as a present or former director, officer, employee or agent of CatchMark Timber Trust.
	Related-Party Costs
	Pursuant to the terms of the agreements described above, CatchMark Timber Trust incurred the following related-party costs for the three months ended March 31, 2014 and 2013, respectively:
		2014		2013
	Advisor fees and expense reimbursements	$	—	$	745,242
	Consulting fees	68,625		—
	Office rent	17,883		—
	Total	$	86,508	$	745,242
	All the related-party costs were included in general and administrative expenses in the accompanying consolidated statements of operations.

Subsequent_Events

Subsequent Events	3 Months Ended
	Mar. 31, 2014
Subsequent Events [Abstract]	'
Subsequent Events	'
	Subsequent Events
	On April 11, 2014, CatchMark Timber Trust completed its purchase of approximately 36,300 acres of timberland located in Southeast Georgia and East Texas, known as the Waycross-Panola Properties, for approximately $74.0 million, exclusive of closing costs. Including the Waycross-Panola Properties, CatchMark Timber Trust owns interests in approximately 313,700 acres of timberlands in Georgia, Alabama, and Texas; 283,700 acres of which are held in fee-simple interests and 30,000 acres are held in leasehold interests.
	Also on April 11, 2014, CatchMark Timber Trust borrowed $76.0 million under its Multi-Draw Term Facility to fund the acquisition of the Waycross-Panola Properties and associated expenses.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2014
Accounting Policies [Abstract]	'
Basis of Presentation and Principles of Consolidation	'
	Basis of Presentation and Principles of Consolidation
	The consolidated financial statements of CatchMark Timber Trust have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) and shall include the accounts of any variable interest entity (“VIE”) in which the Company or its subsidiaries is deemed the primary beneficiary. With respect to entities that are not VIEs, CatchMark Timber Trust’s consolidated financial statements shall also include the accounts of any entity in which CatchMark Timber Trust or its subsidiaries owns a controlling financial interest and any limited partnership in which CatchMark Timber Trust or its subsidiaries owns a controlling general partnership interest. In determining whether a controlling interest exists, CatchMark Timber Trust considers, among other factors, the ownership of voting interests, protective rights, and participatory rights of the investors.
	CatchMark Timber Trust owns a controlling financial interest in CatchMark Timber OP, CatchMark LP Holder and CatchMark TRS and, accordingly, includes the accounts of these entities in its consolidated financial statements. The financial statements of CatchMark Timber OP, CatchMark LP Holder and CatchMark TRS are prepared using accounting policies consistent with those used by CatchMark Timber Trust. All intercompany balances and transactions have been eliminated in consolidation.
Fair Value Measurements	'
	Fair Value Measurements
	CatchMark Timber Trust estimates the fair value of its assets and liabilities (where currently required under GAAP) consistent with the provisions of the accounting standard for fair value measurements and disclosures. Under this guidance, fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. While various techniques and assumptions can be used to estimate fair value depending on the nature of the asset or liability, the accounting standard for fair value measurements and disclosures provides the following fair value technique parameters and hierarchy, depending upon availability:
	Level 1 — Assets or liabilities for which the identical term is traded on an active exchange, such as publicly-traded instruments or futures contracts.
	Level 2 — Assets and liabilities valued based on observable market data for similar instruments.
	Level 3 — Assets or liabilities for which significant valuation assumptions are not readily observable in the market. Such assets or liabilities are valued based on the best available data, some of which may be internally developed. Significant assumptions may include risk premiums that a market participant would require.
	Fair Value of Debt Instruments
	CatchMark Timber Trust applied the provisions of the accounting standard for fair value measurements and disclosures in estimations of fair value of its debt instruments based on Level 2 assumptions. The fair value of the outstanding note payable was estimated based on discounted cash flow analysis using the current observable market borrowing rates for similar types of borrowing arrangements as of the measurement date. The discounted cash flow method of assessing fair value results in a general approximation of book value, and such value may never actually be realized.
Interest Rate Swaps	'
	Interest Rate Swaps
	CatchMark Timber Trust has entered into interest rate swap contracts to mitigate its exposure to changing interest rates on variable rate debt instruments. CatchMark Timber Trust does not enter into derivative or interest rate transactions for speculative purposes; however, certain of its derivatives may not qualify for hedge accounting treatment. The fair values of interest rate swaps are recorded as either prepaid expenses and other assets or other liabilities in the accompanying consolidated balance sheets. Changes in the fair value of the effective portion of interest rate swaps that are designated as hedges are recorded as other comprehensive income (loss), while changes in the fair value of the ineffective portion of hedges, if any, are recognized in current earnings. Changes in the fair value of interest rate swaps that do not qualify for hedge accounting treatment are recorded as gain (loss) on interest rate swap in the consolidated statements of operations. Amounts received or paid under interest rate swaps are recorded as interest expense for contracts that qualify for hedge accounting treatment and as gain (loss) on interest rate swaps for contracts that do not qualify for hedge accounting treatment.
	CatchMark Timber Trust applied the provisions of the accounting standard for fair value measurements and disclosures in recording its interest rate swaps at fair value. The fair values of interest rate swaps, classified under Level 2, were determined using a third-party proprietary model that is based on prevailing market data for contracts with matching durations, current and anticipated London Interbank Offered Rate ("LIBOR") information, consideration of CatchMark Timber Trust's credit standing, credit risk of counterparties, and reasonable estimates about relevant future market conditions.
Earnings Per Share	'
	Earnings Per Share
	Basic earnings (loss) per share available to common stockholders is calculated as net income (loss) available to common stockholders divided by the weighted-average number of common shares outstanding during the period. Weighted-average number of common shares information presented in the accompanying consolidated statements of operations is retroactively adjusted for all periods presented to reflect the impact of the Recapitalization. Net income (loss) available to common stockholders is calculated as net income (loss) less dividends payable to or accumulated to preferred stockholders. Diluted earnings (loss) per share available to common stockholders equals basic earnings per share available to common stockholders, adjusted to reflect the dilution that would occur if all outstanding securities convertible into common shares or contracts to issue common shares were converted or exercised and the related proceeds are then used to repurchase common shares. Basic and diluted earnings (loss) per share were the same for all periods presented as the dilutive effect of outstanding securities was immaterial.
Income Taxes	'
	Income Taxes
	CatchMark Timber Trust has elected to be taxed as a REIT under the Internal Revenue Code of 1986, as amended (the “Code”), and has operated as such beginning with its taxable year ended December 31, 2009. To qualify to be taxed as a REIT, CatchMark Timber Trust must meet certain organizational and operational requirements, including a requirement to distribute at least 90% of its ordinary taxable income to its stockholders. As a REIT, CatchMark Timber Trust generally is not subject to federal income tax on taxable income it distributes to stockholders. CatchMark Timber Trust is subject to certain state and local taxes related to the operations of timberland properties in certain locations, which have been provided for in the accompanying consolidated financial statements. CatchMark Timber Trust records interest and penalties related to uncertain tax positions as general and administrative expense in the accompanying consolidated statements of operations.
	CatchMark Timber Trust has elected to treat CatchMark Timber Trust TRS as a taxable REIT subsidiary. CatchMark Timber Trust may perform certain non-customary services, including real estate or non-real-estate related services, through CatchMark Timber Trust TRS. Earnings from services performed through CatchMark Timber Trust TRS are subject to federal and state income taxes irrespective of the dividends paid deduction available to REITs for federal income tax purposes. In addition, for CatchMark Timber Trust to continue to qualify to be taxed as a REIT, CatchMark Timber Trust’s investment in CatchMark Timber Trust TRS may not exceed 25% of the value of the total assets of CatchMark Timber Trust.
	Deferred tax assets and liabilities represent temporary differences between the financial reporting basis and the tax basis of assets and liabilities based on the enacted rates expected to be in effect when the temporary differences reverse. Deferred tax expense or benefit is recognized in the financial statements according to the changes in deferred tax assets or liabilities between years. Valuation allowances are established to reduce deferred tax assets when it becomes more likely than not that such assets, or portions thereof, will not be realized.
	No provision for federal income taxes has been made in the accompanying consolidated financial statements, other than the provision relating to CatchMark Timber Trust TRS, as CatchMark Timber Trust did not generate taxable income for the periods presented.
Reclassification	'
	Reclassification
	Certain prior period amounts have been reclassified to conform with the current period's financial statement presentation. The reclassification relates to including advisor fees and expense reimbursements payable to Wells TIMO as presented in the previous period in general and administrative expenses in the accompanying consolidated statement of operations.
Recent Accounting Pronouncements	'
	Recent Accounting Pronouncements
	In July 2013, FASB issued Accounting Standards Update 2013-11, Income Taxes: Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists ("ASU 2013-11"). ASU 2013-11 requires an entity to present an unrecognized tax benefit in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward. To the extent a net operating loss carryforward, a similar tax loss, or a tax credit carryforward is not available at the reporting date or not intended to be used to settle any additional income taxes that would result in the dis-allowance of a tax position in which case the unrecognized tax benefit should be presented in the financial statements as a liability and should not be combined with deferred tax assets. ASU 2013-11 became effective for CatchMark Timber Trust for the period beginning on January 1, 2014. The adoption of ASU 2013-11 did not have a material impact on CatchMark Timber Trust's financial statements or disclosures

Summary_of_Significant_Account2

Summary of Significant Accounting Policies (Tables)	3 Months Ended
	Mar. 31, 2014
Accounting Policies [Abstract]	'
Schedule of interest rate swaps measured at fair value	'
	The following table presents information about CatchMark Timber Trust’s interest rate swap measured at fair value as of March 31, 2014 and December 31, 2013:
			Estimated Fair Value as of
	Instrument Type	Balance Sheet Classification	March 31, 2014		December 31, 2013
	Derivatives designated as hedging instruments:
	Interest rate swap contract	Prepaid expenses and other assets	$	254,657	$	268,368

Timber_Assets_Tables

Timber Assets (Tables)	3 Months Ended
	Mar. 31, 2014
Property, Plant and Equipment [Abstract]	'
Schedule of timber and timberlands	'
	As of March 31, 2014 and December 31, 2013, timber and timberlands consisted of the following, respectively:
		As of March 31, 2014
		Gross		Accumulated		Net
				Depletion or
				Amortization
	Timber	$	141,803,911	$	1,803,532	$	140,000,379
	Timberlands	184,177,425		—		184,177,425
	Mainline roads	498,237		258,115		240,122
	Timber and timberlands	$	326,479,573	$	2,061,647	$	324,417,926
		As of December 31, 2013
		Gross		Accumulated		Net
				Depletion or
				Amortization
	Timber	$	149,859,173	$	8,505,024	$	141,354,149
	Timberlands	184,114,333		—		184,114,333
	Mainline roads	498,237		240,321		257,916
	Timber and timberlands	$	334,471,743	$	8,745,345	$	325,726,398

Supplemental_Disclosures_of_No1

Supplemental Disclosures of Noncash Activities (Tables)	3 Months Ended
	Mar. 31, 2014
Supplemental Cash Flow Elements [Abstract]	'
Schedule of significant noncash investing and financing transactions	'
	Outlined below are significant noncash investing and financing transactions for the three months ended March 31, 2014 and 2013, respectively:
		2014			2013
	Dividends accrued on preferred stock	$	—		$	92,134
	Forfeiture of restricted stock award	$	—		$	205
	Market value adjustment to interest rate swap that qualifies for hedge accounting treatment	$	(13,711	)	$	92,473
	Accrued redemption of common stock	$	—		$	2,509

RelatedParty_Transactions_and_1

Related-Party Transactions and Agreements (Tables)	3 Months Ended
	Mar. 31, 2014
Related Party Transactions [Abstract]	'
Schedule of Related Party Transactions	'
	CatchMark Timber Trust incurred the following related-party costs for the three months ended March 31, 2014 and 2013, respectively:
		2014		2013
	Advisor fees and expense reimbursements	$	—	$	745,242
	Consulting fees	68,625		—
	Office rent	17,883		—
	Total	$	86,508	$	745,242

Organization_Details

Organization (Details) (USD $)

1 Months Ended

3 Months Ended

0 Months Ended

3 Months Ended

Oct. 24, 2013

Mar. 31, 2014

Mar. 31, 2013

Sep. 23, 2013

Dec. 17, 2013

Dec. 17, 2013

Jan. 09, 2014

Jan. 09, 2014

Dec. 17, 2013

Dec. 17, 2013

Dec. 17, 2013

Mar. 31, 2014

Mar. 31, 2014

Common Class A

Preferred Stock

IPO

Over-Allotment Option

Amended CoBank Loan

Amended CoBank Loan

Underwriter Discounts and Commissions

Direct IPO Costs

General Partner

Timber land

Common Class A

Common Stock

Multi-Draw Term Facility

Multi-Draw Term Facility

IPO

IPO

acre

Common Class A

Common Class A

Class of Stock [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

10 to 1 reverse stock split ratio

0.1

'

'

'

'

'

'

'

'

'

'

'

'

Percentage of general partnership interest owned by the company in the Operating Partnership common units

'

'

'

'

'

'

'

'

'

'

'

99.99%

'

Acres of timberland owned

'

'

'

'

'

'

'

'

'

'

'

'

247,400

Land held in leasehold interests

'

'

'

'

'

'

'

'

'

'

'

'

30,000

Payments of stock issuance costs

'

$1,666,493

$0

'

'

'

$1,500,000

'

'

$9,900,000

$1,600,000

'

'

Payments of outstanding term loan

'

'

'

'

'

'

'

18,200,000

80,200,000

'

'

'

'

Public offering amount of Class A common stock

'

'

'

172,500,000

'

'

'

'

'

'

'

'

'

Issuance of stock (in shares)

'

'

'

'

'

10,500,000

1,600,000

'

'

'

'

'

'

Proceeds from issuance initial Public Offering

'

'

'

'

'

142,100,000

19,800,000

'

'

'

'

'

'

Payments for repurchase of preferred stock

'

'

'

'

$49,000,000

'

'

'

'

'

'

'

'

Summary_of_Significant_Account3

Summary of Significant Accounting Policies Interest Rate Swaps and Fair Value Measurements (Details) (Prepaid Expenses and Other Current Assets, Interest Rate Swap, Fair Value, Inputs, Level 2, USD $)	Mar. 31, 2014	Dec. 31, 2013
Prepaid Expenses and Other Current Assets | Interest Rate Swap | Fair Value, Inputs, Level 2	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Fair value of derivatives designated as hedging instruments, interest rate swap contract	$254,657	$268,368

Summary_of_Significant_Account4

Summary of Significant Accounting Policies (Details) (Internal Revenue Service (IRS))	Mar. 31, 2014
Significant Accounting Policies	'
Requirement to distribute taxable income (percent)	90.00%
Maximum	'
Significant Accounting Policies	'
Limit on investments in taxable real estate investments trusts (percent)	25.00%

Timber_Assets_Details

Timber Assets (Details) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
	acre	acre
Property, Plant and Equipment [Line Items]	'	'
Timberland, acres sold	29	253
Timberland, acres sold, value	$65,250	$543,950
Basis of timberland sold	40,000	300,000
Timberland	'	'
Property, Plant and Equipment [Line Items]	'	'
Area of timberlands acquired	203	'
Payments to acquire timberland	$200,000	'

Timber_Assets_Schedule_of_Timb

Timber Assets Schedule of Timber and Timberlands (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Property, Plant and Equipment [Line Items]	'	'
Timber and timberlands, gross	$326,479,573	$334,471,743
Timber and timberlands, accumulated depletion or amortization	2,061,647	8,745,345
Timber and timberlands, net	324,417,926	325,726,398
Timber	'	'
Property, Plant and Equipment [Line Items]	'	'
Timber and timberlands, gross	141,803,911	149,859,173
Timber and timberlands, accumulated depletion or amortization	1,803,532	8,505,024
Timber and timberlands, net	140,000,379	141,354,149
Timberlands	'	'
Property, Plant and Equipment [Line Items]	'	'
Timber and timberlands, gross	184,177,425	184,114,333
Timber and timberlands, accumulated depletion or amortization	0	0
Timber and timberlands, net	184,177,425	184,114,333
Mainline roads	'	'
Property, Plant and Equipment [Line Items]	'	'
Timber and timberlands, gross	498,237	498,237
Timber and timberlands, accumulated depletion or amortization	258,115	240,321
Timber and timberlands, net	$240,122	$257,916

Note_Payable_and_Line_of_Credi1

Note Payable and Line of Credit (Details) (USD $)

3 Months Ended

0 Months Ended

3 Months Ended

0 Months Ended

3 Months Ended

0 Months Ended

Mar. 31, 2014

Mar. 31, 2013

Dec. 31, 2013

Mar. 31, 2014

Mar. 31, 2013

Dec. 19, 2013

Mar. 31, 2013

Dec. 19, 2013

Mar. 31, 2014

Mar. 31, 2014

Dec. 19, 2013

Dec. 19, 2013

Dec. 19, 2013

Dec. 19, 2013

Dec. 19, 2013

Dec. 19, 2013

Dec. 19, 2013

Dec. 19, 2013

Dec. 19, 2013

Dec. 19, 2013

Dec. 19, 2013

Dec. 19, 2013

Dec. 19, 2013

Dec. 19, 2013

Dec. 19, 2013

Dec. 19, 2013

Dec. 19, 2013

Dec. 19, 2013

Dec. 19, 2013

Dec. 19, 2013

Dec. 19, 2013

Secured Debt

Secured Debt

CoBank Loan

CoBank Loan

Amended CoBank Loan

Amended CoBank Loan

Amended CoBank Loan

Amended CoBank Loan

One-Month LIBOR

Base Rate

Base Rate

LIBOR

LIBOR

Minimum

Minimum

Minimum

Minimum

Maximum

Maximum

Maximum

Maximum

Maximum

Maximum

Revolving Credit Facility

Revolving Credit Facility

Revolving Credit Facility

Revolving Credit Facility

Revolving Credit Facility

Secured Debt

Secured Debt

Secured Debt

Multi-Draw Term Facility

Amended CoBank Loan

Amended CoBank Loan

Amended CoBank Loan

Amended CoBank Loan

Amended CoBank Loan

Base Rate

Base Rate

LIBOR

LIBOR

Amended CoBank Loan

Amended CoBank Loan

Base Rate

Base Rate

LIBOR

LIBOR

Amended CoBank Loan

Minimum

Minimum

Maximum

Maximum

Secured Debt

Multi-Draw Term Facility

Term Loan

Multi-Draw Term Facility

Term Loan

Amended CoBank Loan

Amended CoBank Loan

Amended CoBank Loan

Amended CoBank Loan

Multi-Draw Term Facility

Term Loan

Amended CoBank Loan

Amended CoBank Loan

Amended CoBank Loan

Amended CoBank Loan

Base Rate

LIBOR

Base Rate

LIBOR

Multi-Draw Term Facility

Term Loan

Multi-Draw Term Facility

Term Loan

Draw

Multi-Draw Term Facility

Term Loan

Multi-Draw Term Facility

Term Loan

Amended CoBank Loan

Amended CoBank Loan

Amended CoBank Loan

Amended CoBank Loan

Debt Instrument [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Maximum borrowing capacity

'

'

'

'

'

'

'

'

'

'

$150,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$15,000,000

'

'

'

'

One-month LIBOR

'

'

'

'

'

'

'

'

'

'

'

'one-month LIBOR

'base rate

'base rate

'LIBOR

'LIBOR

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Basis spread on variable rate (in percent)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0.75%

0.50%

1.75%

1.50%

'

'

2.00%

1.75%

3.00%

2.75%

'

0.50%

1.50%

1.75%

2.75%

Repayment of CoBank loan

18,160,000

0

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Outstanding amount on line of credit

'

'

'

'

'

'

'

52,200,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Debt instrument maximum additional borrowings allowed

'

'

'

'

'

'

'

75,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Maximum additional borrowings allowed under line of credit

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

10,000,000

'

'

'

'

Number of draw allowed under the line of credit

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

5

'

'

'

'

'

'

'

'

'

'

Covenant terms, loan to value ratio (in percent)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

35.00%

45.00%

'

'

'

'

'

'

'

'

'

Covenant terms, principal payment at per annum rate (in percent)

'

'

'

'

'

'

'

'

'

'

7.50%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Secured debt outstanding

34,000,000

'

52,160,000

'

'

'

'

'

34,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Interest Paid

'

'

'

'

'

'

700,000

'

'

200,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Debt covenant, minimum liquidity balance

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$10,000,000

'

'

'

'

'

'

'

'

'

Covenant, minimum fixed charge coverage ratio

'

'

'

'

'

1.05

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Weighted average interest rate

'

'

'

2.39%

2.63%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Interest_Rate_Swap_Agreement_D

Interest Rate Swap Agreement (Details) (Rabobank, Forward Contracts, Designated as Hedging Instrument, USD $)	3 Months Ended
	Mar. 31, 2014
Derivative [Line Items]	'
Cash payment received from forward swap settlement	$60,000
Amount of ineffectiveness on forward swap	0
One-Month LIBOR	'
Derivative [Line Items]	'
Notional amount of interest rate derivatives	33,000,000
Fixed rate on interest rate swap	0.91%
Other comprehensive loss recognized due to change in fair value	$0

Commitments_and_Contingencies_

Commitments and Contingencies (Details)	3 Months Ended
	Mar. 31, 2014
	states
Commitments and Contingencies Disclosure [Abstract]	'
Number of states reporting raw forest product prices	11
Operating agreement, term of extension option (years)	'1 year
Operating agreement, notice of termination option (days)	'120 days

Stockholders_Equity_Details

Stockholders' Equity (Details) (USD $)

1 Months Ended

3 Months Ended

3 Months Ended

9 Months Ended

1 Months Ended

0 Months Ended

3 Months Ended

1 Months Ended

0 Months Ended

Oct. 24, 2013

Mar. 31, 2014

Mar. 31, 2013

Oct. 25, 2013

Oct. 23, 2013

Mar. 31, 2013

Mar. 31, 2014

Sep. 30, 2013

Mar. 31, 2014

Dec. 31, 2013

Oct. 25, 2013

Oct. 24, 2013

Oct. 25, 2013

Mar. 31, 2014

Dec. 31, 2013

Oct. 25, 2013

Mar. 31, 2014

Dec. 31, 2013

Oct. 25, 2013

Mar. 31, 2014

Dec. 31, 2013

Oct. 25, 2013

Dec. 17, 2013

Mar. 31, 2014

Mar. 31, 2013

Mar. 31, 2014

Mar. 31, 2013

Oct. 24, 2013

Oct. 24, 2013

Jan. 09, 2014

Jan. 09, 2014

Dec. 17, 2013

Amended SRP

Amended SRP

Share Redemption Plan

Common Class A

Common Class A

Common Class A

Common Class B

Common Class B

Common Class B-1

Common Class B-1

Common Class B-1

Common Class B-2

Common Class B-2

Common Class B-2

Common Class B-3

Common Class B-3

Common Class B-3

Common Stock

Common Stock

Common Stock

Common Stock

Common Stock

Minimum

Minimum

Over-Allotment Option

Multi-Draw Term Facility

Multi-Draw Term Facility

Common Class A

Common Class A

Common Class A

Common Class B

Common Class B

Common Class B-2

Common Class B-3

Common Stock

Amended CoBank Loan

Amended CoBank Loan

Stockholders Equity Disclosures [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Common stock and preferred stock, shares authorized

'

1,000,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Common stock, shares authorized

'

900,000,000

'

12,700,000

'

'

'

'

889,500,000

889,500,000

'

'

'

3,500,000

3,500,000

'

3,500,000

3,500,000

'

3,500,000

3,500,000

'

'

'

'

'

'

'

'

'

'

'

Preferred stock, shares authorized

'

100,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Common stock, par value

'

$0.01

'

'

'

'

'

'

$0.01

$0.01

'

'

'

$0.01

$0.01

'

$0.01

$0.01

'

$0.01

$0.01

'

'

'

'

'

'

'

'

'

'

'

10 to 1 reverse stock split ratio

0.1

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Stock dividend, shares received per share of common stock outstanding (in shares)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1

'

'

1

'

'

1

'

'

'

'

'

'

'

'

'

'

Issuance of stock (in shares)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

10,526,316

1,578,947

'

0

'

'

'

1,600,000

'

'

Conversion period to Class A pursuant to listing (in months)

'

'

'

'

'

'

'

'

'

'

'

'18 months

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'9 months

'12 months

'

'

'

Minimum holding period before shareholders can sell their shares back

'

'

'

'

'

'

'

'1 year

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Qualified special redemptions monthly reserve fund

'

'

'

'

'

'

'

$150,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Ordinary redemption, percent of estimated per share value

'

'

'

'

'

95.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Common stock redemption price per share

'

'

'

'

'

'

$6.23

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Stock redeemed during periods under SRP

'

'

'

'

'

35,327

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

7.154

3,533

21

10,599

'

'

'

'

'

Payments for Repurchase of Common Stock

'

370

217,576

'

'

200,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Common stock, shares outstanding

'

'

'

'

31,700,000

'

'

'

15,491,110

13,900,382

3,200,000

'

9,500,000

3,164,476

3,164,483

'

3,164,476

3,164,483

'

3,164,476

3,164,483

'

'

'

'

'

'

'

'

'

'

'

Common stock, percentage of shares outstanding

'

'

'

'

'

'

'

'

'

'

25.00%

'

75.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Payments of stock issuance costs

'

1,666,493

0

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,500,000

'

'

Proceeds from issuance initial Public Offering

'

'

'

'

'

'

'

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19,800,000

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Payments of outstanding term loan

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$18,200,000

$80,200,000

2.5 to one effective reverse stock split

0.4

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Stock_Based_Compensation_Detai

Stock Based Compensation (Details) (Amended 2005 Long-Term Incentive Plan, USD $)	3 Months Ended	53 Months Ended		1 Months Ended				0 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2014	Oct. 25, 2013	Oct. 25, 2013	Oct. 25, 2013	Oct. 25, 2013	Oct. 25, 2013	Jan. 02, 2014
	Restricted Stock	Restricted Stock	Restricted Stock	Common Class A	Common Class B-1	Common Class B-2	Common Class B-3	Executive Officer
Stockholders Equity and Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'	'	'	'
Number of additional shares authorized	'	'	'	1,150,000	50,000	50,000	50,000	'
Restricted stock granted upon initial election or appointment (in shares)	'	'	1,000	'	'	'	'	'
Restricted stock granted upon re-election (in shares)	'	'	400	'	'	'	'	'
Restricted stock granted during period (in shares)	10,875	20,475	'	'	'	'	'	'
Restricted stock vested (in shares)	'	3,467	'	'	'	'	'	'
Restricted stock forfeited upon the resignation of two independent directors (in shares)	'	1,467	'	'	'	'	'	'
Value of restricted shares granted in period	'	'	'	'	'	'	'	$30

Supplemental_Disclosures_of_No2

Supplemental Disclosures of Noncash Activities (Details) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Supplemental Cash Flow Elements [Abstract]	'	'
Dividends accrued on preferred stock	$0	$92,134
Forfeiture of restricted stock award	0	205
Market value adjustment to interest rate swap that qualifies for hedge accounting treatment	-13,711	92,473
Accrued redemption of common stock	$0	$2,509

RelatedParty_Transactions_and_2

Related-Party Transactions and Agreements (Details) (USD $)	1 Months Ended	3 Months Ended		1 Months Ended	3 Months Ended
	Oct. 25, 2013	Mar. 31, 2014	Mar. 31, 2013	Oct. 25, 2013	Mar. 31, 2013
		Affiliate	Affiliate	Transition Service Agreement	Sublease Agreement [Member]
				Wells REF	Wells REF
				employees
Related Party Transaction [Line Items]	'	'	'	'	'
Related party transaction, amounts of transaction	'	$86,508	$745,242	'	'
Number of Targeted Personnel hired from Wells REF	'	'	'	8	'
Aggregate purchase price of remaining interest in the Operating Partnership common units	1,312	'	'	'	'
Monthly consulting fee	'	'	'	22,875	'
Days with written notice to terminate the agreement	'	'	'	'60 days	'
Days after the termination date for unpaid reimbursements to be fully paid	'	'	'	'30 days	'
Monthly rental expense under sublease	'	'	'	'	$5,961

RelatedParty_Transactions_and_3

Related-Party Transactions and Agreements - Related Party Costs (Details) (Affiliate, USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Related Party Transaction [Line Items]	'	'
Related party transaction, amounts of transaction	$86,508	$745,242
Advisor fees and expense reimbursements	'	'
Related Party Transaction [Line Items]	'	'
Related party transaction, amounts of transaction	0	745,242
Consulting fees	'	'
Related Party Transaction [Line Items]	'	'
Related party transaction, amounts of transaction	68,625	0
Office rent	'	'
Related Party Transaction [Line Items]	'	'
Related party transaction, amounts of transaction	$17,883	$0

Subsequent_Events_Details

Subsequent Events (Details) (USD $)	0 Months Ended
In Millions, unless otherwise specified	Apr. 11, 2014	Apr. 11, 2014	Apr. 11, 2014	Mar. 31, 2014	Apr. 11, 2014
	Subsequent Event	Multi-Draw Term Facility	Waycross-Panola Properties	Timber land	Timber land
		Amended CoBank Loan	Timber land	acre	Subsequent Event
		Subsequent Event	Subsequent Event		acre
			acre
Subsequent Event [Line Items]	'	'	'	'	'
Area of land	'	'	36,300	247,400	313,700
Area of Land, Fee Simple	'	'	'	'	283,700
Acquisition Costs, Period Cost	$74	'	'	'	'
Land held in leasehold interests	'	'	'	30,000	30,000
Proceeds from Lines of Credit	'	$76	'	'	'