The log screen is just blackness....Seems like that points to watermill being deleted. Did you perhaps accidently delete the terrains folder or something? Perhaps try checking that, or also try checking if you have a faulty terrain mask/height map (Such as one that's not 513 by 513, a png file, etc). I hope this helps, because you probably don't want to re-download the game. However, that may be the last resort if things just cannot be fixed. Best of luck to you!