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EARNINGS PER COMMON SHARE Schedule of Earnings Per Share, Basic and Diluted (Details) (USD $)
In Thousands, except Share data, unless otherwise specified
 3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Income amounts attributable to Rayonier Inc.        
Income from continuing operations $ 6,056 $ 39,631 $ 18,340 $ 58,659
Less: Net (loss) income from continuing operations attributable to noncontrolling interest (245) 727 (328) 727
Income from continuing operations attributable to Rayonier Inc. 6,301 38,904 18,668 57,932
Income from discontinued operations, net, attributable to Rayonier Inc. 12,084 48,260 43,092 176,967
NET INCOME ATTRIBUTABLE TO RAYONIER INC. $ 18,385 $ 87,164 $ 61,760 $ 234,899
Shares used for determining basic earnings per common share 126,434,376 126,027,297 126,390,891 125,257,876
Dilutive effect of:        
Stock options 293,213 504,321 296,768 519,014
Performance and restricted shares 201,956 386,228 194,995 384,910
Assumed conversion of Senior Exchangeable Notes 2,631,514 [1] 2,217,058 [1] 2,579,402 [1] 2,173,658 [1]
Assumed conversion of warrants 2,738,606 [1],[2] 1,632,345 [1],[2] 2,656,633 [1],[2] 2,250,361 [1],[2]
Shares used for determining diluted earnings per common share 132,299,665 130,767,249 132,118,689 130,585,819
Basic earnings per common share attributable to Rayonier Inc.:        
Continuing operations, Basic (in dollars per share) $ 0.05 $ 0.31 $ 0.15 $ 0.46
Discontinued operations, Basic (in dollars per share) $ 0.10 $ 0.38 $ 0.34 $ 1.42
Net Income, Basic (in dollars per share) $ 0.15 $ 0.69 $ 0.49 $ 1.88
Diluted earnings per common share attributable to Rayonier Inc.:        
Continuing operations, Diluted (in dollars per share) $ 0.05 $ 0.30 $ 0.14 $ 0.44
Discontinued operations, Diluted (in dollars per share) $ 0.09 $ 0.37 $ 0.33 $ 1.36
Net Income, Diluted (in dollars per share) $ 0.14 $ 0.67 $ 0.47 $ 1.80
[1] Rayonier will not issue additional shares upon future exchange or maturity of the Senior Exchangeable Notes due 2015 (the “2015 Notes”) due to offsetting hedges. Accounting Standards Codification 260, Earnings Per Share requires the assumed conversion of the 2015 Notes to be included in dilutive shares if the average stock price for the period exceeds the strike price, while the assumed conversion of the hedges is excluded since they are anti-dilutive. As such, the full dilutive effect of the 2015 Notes was included for all periods presented.The Senior Exchangeable Notes due 2012 (the “2012 Notes”) matured in October 2012; however, no additional shares were issued due to offsetting exchangeable note hedges. The warrants sold in conjunction with the 2012 Notes began maturing on January 15, 2013 and matured ratably through March 27, 2013. As a result, 2,037,303 shares were issued through the end of the first quarter of 2013 and 97,918 shares were issued in the first week of April 2013. The dilutive impact of these warrants was calculated based on the length of time they were outstanding before settlement. Rayonier will distribute additional shares upon maturity of the warrants associated with the 2015 Notes if the stock price exceeds $28.58 per share. The exchange price on the warrants is lower than prior periods as it has been adjusted to reflect the spin-off of the Performance Fibers business. For further information, see Note 13 — Debt in the 2013 Annual Report on Form 10-K and Note 17 — Debt of this Form 10-Q.
[2] The shares used for the assumed conversion of the warrants increased for the current quarter and year-to-date periods due to a lower adjusted exchange price as a result of the spin-off.