—We own and manage approximately 588,000 acres of timberlands located on nine tree farms in Oregon and Washington containing an estimated range of between 4.0 to 4.5 billion board feet of 30-year-old and older timber. Approximately 64% of our species mix is Douglas fir, which is a premium species of softwood primarily used in residential and commercial construction. During the year ended December 31, 2006, approximately 81% of our log net sales were to domestic customers consisting of over 90 independent sawmills and plywood plants, with the balance primarily exported to Japan. We believe we were the third largest U.S. exporter of logs to the Japanese market from the Pacific...