XML 44 R72.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATING FINANCIAL STATEMENTS Condensed Consolidating Statements of Cash Flows (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Statement of Cash Flows [Abstract]    
CASH PROVIDED BY OPERATING ACTIVITIES $ 99,274 $ 89,660
INVESTING ACTIVITIES    
Capital expenditures (36,755) (32,664)
Purchase of timberlands (10,637) (1,560)
Jesup mill cellulose specialties expansion 0 (36,734)
Proceeds from the disposition of Wood Products business 0 83,741
Change in restricted cash 45,312 9,908
Investment in Subsidiaries 0 0
Other 1,592 1,790
CASH (USED FOR) PROVIDED BY INVESTING ACTIVITIES (488) 24,481
FINANCING ACTIVITIES    
Issuance of debt 31,819 100,000
Repayment of debt (110,000) (170,000)
Dividends paid (62,545) (57,744)
Proceeds from the issuance of common shares 2,027 4,091
Excess tax (deficiencies) benefits on stock-based compensation (1,240) 6,191
Repurchase of common shares (1,754) (11,241)
Intercompany distributions 0 0
Other (679) 0
CASH USED FOR FINANCING ACTIVITIES (142,372) (128,703)
EFFECT OF EXCHANGE RATE CHANGES ON CASH 13 (17)
CASH AND CASH EQUIVALENTS    
Change in cash and cash equivalents (43,573) (14,579)
Balance, beginning of year 199,644 280,596
Balance, end of period 156,071 266,017
Rayonier Inc. (Parent Guarantor) [Member]
   
Statement of Cash Flows [Abstract]    
CASH PROVIDED BY OPERATING ACTIVITIES 25,931 13,984
INVESTING ACTIVITIES    
Capital expenditures 0 0
Purchase of timberlands 0 0
Jesup mill cellulose specialties expansion   0
Proceeds from the disposition of Wood Products business   0
Change in restricted cash 0 0
Investment in Subsidiaries 0 0
Other 0 0
CASH (USED FOR) PROVIDED BY INVESTING ACTIVITIES 0 0
FINANCING ACTIVITIES    
Issuance of debt 0 100,000
Repayment of debt 0 (150,000)
Dividends paid (62,545) (57,744)
Proceeds from the issuance of common shares 2,027 4,091
Excess tax (deficiencies) benefits on stock-based compensation 0 0
Repurchase of common shares (1,754) (11,241)
Intercompany distributions 0 0
Other 0  
CASH USED FOR FINANCING ACTIVITIES (62,272) (114,894)
EFFECT OF EXCHANGE RATE CHANGES ON CASH 0 0
CASH AND CASH EQUIVALENTS    
Change in cash and cash equivalents (36,341) (100,910)
Balance, beginning of year 130,181 252,888
Balance, end of period 93,840 151,978
Senior Exchangeable Notes due 2015 at a fixed interest rate of 4.50% [Member] | ROC (Subsidiary Guarantor) [Member]
   
Statement of Cash Flows [Abstract]    
CASH PROVIDED BY OPERATING ACTIVITIES 32,794 22,259
INVESTING ACTIVITIES    
Capital expenditures (170) (89)
Purchase of timberlands 0 0
Jesup mill cellulose specialties expansion   0
Proceeds from the disposition of Wood Products business   0
Change in restricted cash 0 0
Investment in Subsidiaries 0 0
Other 0 0
CASH (USED FOR) PROVIDED BY INVESTING ACTIVITIES (170) (89)
FINANCING ACTIVITIES    
Issuance of debt 0 0
Repayment of debt 0 0
Dividends paid 0 0
Proceeds from the issuance of common shares 0 0
Excess tax (deficiencies) benefits on stock-based compensation 0 0
Repurchase of common shares 0 0
Intercompany distributions (28,434) (5,206)
Other 0  
CASH USED FOR FINANCING ACTIVITIES (28,434) (5,206)
EFFECT OF EXCHANGE RATE CHANGES ON CASH 0 0
CASH AND CASH EQUIVALENTS    
Change in cash and cash equivalents 4,190 16,964
Balance, beginning of year 304 3,966
Balance, end of period 4,494 20,930
Senior Exchangeable Notes due 2015 at a fixed interest rate of 4.50% [Member] | Subsidiary Issuer [Member]
   
Statement of Cash Flows [Abstract]    
CASH PROVIDED BY OPERATING ACTIVITIES 0 0
INVESTING ACTIVITIES    
Capital expenditures 0 0
Purchase of timberlands 0 0
Jesup mill cellulose specialties expansion   0
Proceeds from the disposition of Wood Products business   0
Change in restricted cash 0 0
Investment in Subsidiaries 69,103 32,391
Other 0 0
CASH (USED FOR) PROVIDED BY INVESTING ACTIVITIES 69,103 32,391
FINANCING ACTIVITIES    
Issuance of debt 30,000 0
Repayment of debt (110,000) (20,000)
Dividends paid 0 0
Proceeds from the issuance of common shares 0 0
Excess tax (deficiencies) benefits on stock-based compensation 0 0
Repurchase of common shares 0 0
Intercompany distributions 0 0
Other 0  
CASH USED FOR FINANCING ACTIVITIES (80,000) (20,000)
EFFECT OF EXCHANGE RATE CHANGES ON CASH 0 0
CASH AND CASH EQUIVALENTS    
Change in cash and cash equivalents (10,897) 12,391
Balance, beginning of year 10,719 19,358
Balance, end of period (178) 31,749
Senior Exchangeable Notes due 2015 at a fixed interest rate of 4.50% [Member] | Non-guarantors [Member]
   
Statement of Cash Flows [Abstract]    
CASH PROVIDED BY OPERATING ACTIVITIES 67,759 58,980
INVESTING ACTIVITIES    
Capital expenditures (36,585) (32,575)
Purchase of timberlands (10,637) (1,560)
Jesup mill cellulose specialties expansion   (36,734)
Proceeds from the disposition of Wood Products business   83,741
Change in restricted cash 45,312 9,908
Investment in Subsidiaries 0 0
Other 1,592 1,790
CASH (USED FOR) PROVIDED BY INVESTING ACTIVITIES (318) 24,570
FINANCING ACTIVITIES    
Issuance of debt 1,819 0
Repayment of debt 0 0
Dividends paid 0 0
Proceeds from the issuance of common shares 0 0
Excess tax (deficiencies) benefits on stock-based compensation (1,240) 6,191
Repurchase of common shares 0 0
Intercompany distributions (67,879) (32,748)
Other (679)  
CASH USED FOR FINANCING ACTIVITIES (67,979) (26,557)
EFFECT OF EXCHANGE RATE CHANGES ON CASH 13 (17)
CASH AND CASH EQUIVALENTS    
Change in cash and cash equivalents (525) 56,976
Balance, beginning of year 58,440 4,384
Balance, end of period 57,915 61,360
Senior Exchangeable Notes due 2015 at a fixed interest rate of 4.50% [Member] | Consolidation Adjustments [Member]
   
Statement of Cash Flows [Abstract]    
CASH PROVIDED BY OPERATING ACTIVITIES (27,210) (5,563)
INVESTING ACTIVITIES    
Capital expenditures 0 0
Purchase of timberlands 0 0
Jesup mill cellulose specialties expansion   0
Proceeds from the disposition of Wood Products business   0
Change in restricted cash 0 0
Investment in Subsidiaries (69,103) (32,391)
Other 0 0
CASH (USED FOR) PROVIDED BY INVESTING ACTIVITIES (69,103) (32,391)
FINANCING ACTIVITIES    
Issuance of debt 0 0
Repayment of debt 0 0
Dividends paid 0 0
Proceeds from the issuance of common shares 0 0
Excess tax (deficiencies) benefits on stock-based compensation 0 0
Repurchase of common shares 0 0
Intercompany distributions 96,313 37,954
Other 0  
CASH USED FOR FINANCING ACTIVITIES 96,313 37,954
EFFECT OF EXCHANGE RATE CHANGES ON CASH 0 0
CASH AND CASH EQUIVALENTS    
Change in cash and cash equivalents 0 0
Balance, beginning of year 0 0
Balance, end of period 0 0
Senior Notes due 2022 at a fixed interest rate of 3.75% [Member] | ROC (Subsidiary Guarantor) [Member]
   
Statement of Cash Flows [Abstract]    
CASH PROVIDED BY OPERATING ACTIVITIES 32,794 22,259
INVESTING ACTIVITIES    
Capital expenditures (170) (89)
Purchase of timberlands 0 0
Jesup mill cellulose specialties expansion   0
Proceeds from the disposition of Wood Products business   0
Change in restricted cash 0 0
Investment in Subsidiaries 69,103 32,391
Other 0 0
CASH (USED FOR) PROVIDED BY INVESTING ACTIVITIES 68,933 32,302
FINANCING ACTIVITIES    
Issuance of debt 30,000 0
Repayment of debt (110,000) (20,000)
Dividends paid 0 0
Proceeds from the issuance of common shares 0 0
Excess tax (deficiencies) benefits on stock-based compensation 0 0
Repurchase of common shares 0 0
Intercompany distributions (28,434) (5,206)
Other 0  
CASH USED FOR FINANCING ACTIVITIES (108,434) (25,206)
EFFECT OF EXCHANGE RATE CHANGES ON CASH 0 0
CASH AND CASH EQUIVALENTS    
Change in cash and cash equivalents (6,707) 29,355
Balance, beginning of year 11,023 23,324
Balance, end of period 4,316 52,679
Senior Notes due 2022 at a fixed interest rate of 3.75% [Member] | Non-guarantors [Member]
   
Statement of Cash Flows [Abstract]    
CASH PROVIDED BY OPERATING ACTIVITIES 67,759 58,980
INVESTING ACTIVITIES    
Capital expenditures (36,585) (32,575)
Purchase of timberlands (10,637) (1,560)
Jesup mill cellulose specialties expansion   (36,734)
Proceeds from the disposition of Wood Products business   83,741
Change in restricted cash 45,312 9,908
Investment in Subsidiaries 0 0
Other 1,592 1,790
CASH (USED FOR) PROVIDED BY INVESTING ACTIVITIES (318) 24,570
FINANCING ACTIVITIES    
Issuance of debt 1,819 0
Repayment of debt 0 0
Dividends paid 0 0
Proceeds from the issuance of common shares 0 0
Excess tax (deficiencies) benefits on stock-based compensation (1,240) 6,191
Repurchase of common shares 0 0
Intercompany distributions (67,879) (32,748)
Other (679)  
CASH USED FOR FINANCING ACTIVITIES (67,979) (26,557)
EFFECT OF EXCHANGE RATE CHANGES ON CASH 13 (17)
CASH AND CASH EQUIVALENTS    
Change in cash and cash equivalents (525) 56,976
Balance, beginning of year 58,440 4,384
Balance, end of period 57,915 61,360
Senior Notes due 2022 at a fixed interest rate of 3.75% [Member] | Consolidation Adjustments [Member]
   
Statement of Cash Flows [Abstract]    
CASH PROVIDED BY OPERATING ACTIVITIES (27,210) (5,563)
INVESTING ACTIVITIES    
Capital expenditures 0 0
Purchase of timberlands 0 0
Jesup mill cellulose specialties expansion   0
Proceeds from the disposition of Wood Products business   0
Change in restricted cash 0 0
Investment in Subsidiaries (69,103) (32,391)
Other 0 0
CASH (USED FOR) PROVIDED BY INVESTING ACTIVITIES (69,103) (32,391)
FINANCING ACTIVITIES    
Issuance of debt 0 0
Repayment of debt 0 0
Dividends paid 0 0
Proceeds from the issuance of common shares 0 0
Excess tax (deficiencies) benefits on stock-based compensation 0 0
Repurchase of common shares 0 0
Intercompany distributions 96,313 37,954
Other 0  
CASH USED FOR FINANCING ACTIVITIES 96,313 37,954
EFFECT OF EXCHANGE RATE CHANGES ON CASH 0 0
CASH AND CASH EQUIVALENTS    
Change in cash and cash equivalents 0 0
Balance, beginning of year 0 0
Balance, end of period $ 0 $ 0