JOINT VENTURE INVESTMENT (Tables)

3 Months Ended

Mar. 31, 2014

Business Combinations [Abstract]

Business Acquisition, Pro Forma Information

The amounts of revenue and earnings of the New Zealand JV included in the Company’s Consolidated Statements of Income and Comprehensive Income for the first quarter 2014 are as follows:

	Three Months Ended March 31, 2014
Sales	$	37,764
Net Loss	(734		)

The following represents the pro forma Rayonier consolidated sales and net income for the three months ended March 31, 2013 as if the additional interest in the New Zealand JV had been acquired on January 1, 2012.

	Three Months Ended March 31, 2013
Sales	$	428,245
Net Income	$	146,280