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Quarterly Results for 2013 and 2012 (UNAUDITED) (Tables)
12 Months Ended
Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
 
Quarter Ended
 
Total Year
 
 
March 31
 
June 30
 
Sept. 30
 
Dec. 31
 
 
2013
 
 
 
 
 
 
 
 
 
 
Sales
$
393,719

 
$
409,077

 
$
384,784

 
$
520,242

 
$
1,707,822

 
Cost of sales
266,018

 
297,698

 
287,150

 
395,446

 
1,246,312

 
Income from continuing operations
103,258

 
87,891

(b)
58,367

 
82,249

 
331,765

(b)
Income from discontinued operations
44,477

 

 

 
(2,444
)
 
42,033

 
Net income
147,735

(a)
87,891

 
58,367

 
79,805

 
373,798

(a)
Net income attributable to Rayonier Inc.
147,735

(a)
87,164

(b)
57,345

 
79,652

 
371,896

(a) (b)
Basic EPS attributable to Rayonier Inc.
1.19

 
0.69

 
0.45

 
0.63

 
2.96

 
Diluted EPS attributable to Rayonier Inc.
1.13

 
0.67

 
0.44

 
0.62

 
2.86

 
2012
 
 
 
 
 
 
 
 
 
 
Sales
336,571

 
348,096

 
386,163

 
412,660

 
1,483,490

 
Cost of sales
235,708

 
243,571

 
259,201

 
292,212

 
1,030,692

 
Income from continuing operations
52,599

 
66,091

 
79,278

 
73,474

 
271,442

 
Income from discontinued operations
838

 
2,988

 
1,282

 
2,135

 
7,243

 
Net income
53,437

 
69,079

 
80,560

 
75,609

 
278,685

 
Net income attributable to Rayonier Inc.
53,437

 
69,079

 
80,560

 
75,609

 
278,685

 
Basic EPS attributable to Rayonier Inc.
0.44

 
0.56

 
0.66

 
0.61

 
2.27

 
Diluted EPS attributable to Rayonier Inc.
0.42

 
0.54

 
0.62

 
0.59

 
2.17

 
 
 
 
 
 
(a)
Net income and net income attributable to Rayonier Inc. included a $43 million gain on the sale of Wood Products for the quarter ended March 31, 2013.
(b)
Operating income and net income attributable to Rayonier Inc., for the quarter ended June 30, 2013, included a $16 million gain related to the consolidation of the New Zealand JV.