Pope Resources Ltd Partnership [POPE]

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Company Overview

Pope Resources, a Delaware Limited Partnership was formed in 1985 as a result of the spinoff of certain timberlands and development properties from Pope & Talbot, Inc. We currently operate in four primary business segments: (1) Partnership Timber, (2) Funds Timber, (3) Timberland Investment Management, and (4) Real Estate. Operations in our two timber segments consist of growing, managing, harvesting, and marketing timber from the Partnerships 119,000 acres of direct timberland ownership, plus another 3,500 acres under timber deeds, in Washington (Partnership Timber) and our private equity timber funds 141,000 acres of timberland in Washington, Oregon, and California that we co-own with our third-party investors (Funds Timber).