Revenue from Contract with Customer (Tables)

3 Months Ended

Mar. 31, 2020

Revenue from Contract with Customer [Abstract]

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

POPE RESOURCES LTD PARTNERSHIP 10-Q