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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
CURRENT ASSETS    
Cash and cash equivalents $ 199,644 $ 280,596
Accounts receivable, less allowance for doubtful accounts of $673 and $417 94,956 100,359
Inventory (Note 12) 138,818 127,966
Current deferred tax assets 39,100 15,845
Prepaid and other current assets 46,576 41,508
Total current assets 519,094 566,274
TIMBER AND TIMBERLANDS, NET OF DEPLETION AND AMORTIZATION 2,049,378 1,573,309
PROPERTY, PLANT AND EQUIPMENT    
Land 20,138 27,383
Buildings 180,573 147,445
Machinery and equipment 1,760,641 1,444,012
Construction in progress 19,795 268,459
Total property, plant and equipment, gross 1,981,147 1,887,299
Less—accumulated depreciation (1,120,326) (1,180,261)
Total property, plant and equipment, net 860,821 707,038
INVESTMENT IN JOINT VENTURE (Note 4) 0 72,419
OTHER ASSETS 256,208 203,911
TOTAL ASSETS 3,685,501 3,122,951
CURRENT LIABILITIES    
Accounts payable 69,293 70,381
Current maturities of long-term debt (Note 13) 112,500 150,000
Accrued taxes 8,551 13,824
Uncertain tax positions 10,547 800
Accrued payroll and benefits 24,948 28,068
Accrued interest 9,531 7,956
Accrued customer incentives 9,580 10,849
Other current liabilities 24,327 17,840
Current liabilities for dispositions and discontinued operations (Note 17) 6,835 8,105
Total current liabilities 276,112 307,823
LONG-TERM DEBT (Note 13) 1,461,724 1,120,052
NON-CURRENT LIABILITIES FOR DISPOSITIONS AND DISCONTINUED OPERATIONS (Note 17) 69,543 73,590
PENSION AND OTHER POSTRETIREMENT BENEFITS (Note 22) 95,654 159,582
OTHER NON-CURRENT LIABILITIES 27,225 23,900
COMMITMENTS AND CONTINGENCIES (Notes 18, 19 and 20)      
SHAREHOLDERS’ EQUITY    
Common Shares, 480,000,000 shares authorized, 126,257,870 and 123,332,444 shares issued and outstanding 692,100 670,749
Retained earnings 1,015,209 876,634
Accumulated other comprehensive loss (46,139) (109,379)
TOTAL RAYONIER INC. SHAREHOLDERS’ EQUITY 1,661,170 1,438,004
Noncontrolling interest 94,073 0
TOTAL SHAREHOLDERS’ EQUITY 1,755,243 1,438,004
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 3,685,501 $ 3,122,951