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CatchMark Timber Trust (CTT) is a REIT that owns 1.5 million acres of Timberland located in eight states in the U.S. Southeast and Pacific Northwest. This includes 435K in wholly owned acres (18.6 million tons of inventory) and 1.1 million (44 million tons of inventory) in joint venture acres.
On paper, the company has been in a slightly difficult situation over the past year due to a substantial $55 million loss from its "Triple T" joint venture last year. While this loss drastically hurt the company's EBITDA, its more important