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Consolidated Statements of Income and Comprehensive Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Sep. 30, 2013
Jun. 30, 2014
Sep. 30, 2014
Sep. 30, 2013
Dec. 31, 2013
Statement of Comprehensive Income [Abstract]                
SALES $ 149,829     $ 159,261   $ 456,161 $ 421,203  
Costs and Expenses                
Cost of sales 118,088     129,002   357,083 333,523  
Selling and general expenses 8,806     13,104   35,904 41,204  
Other operating income, net (Note 20) (9,144)     (2,814)   (20,908) (10,587)  
Costs and Expenses, Total 117,750     139,292   372,079 364,140  
Equity in income of New Zealand joint venture 0     0   0 562  
OPERATING INCOME BEFORE GAIN ON CONSOLIDATION OF NEW ZEALAND JOINT VENTURE 32,079     19,969   84,082 57,625  
Gain related to consolidation of New Zealand joint venture (Note 7) 0     0   0 16,098  
OPERATING INCOME 32,079 37,577 63,039 [1] 19,969 52,003 84,082 73,723  
Interest expense (9,566)     (10,823)   (35,852) (30,626)  
Interest and miscellaneous (expense) income, net (1,734)     (914)   (7,131) 1,852  
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 20,779     8,232   41,099 44,949  
Income tax benefit 11,280 (13,557) (7,712) [1] 6,808 (5,961) 5,319 28,750  
INCOME FROM CONTINUING OPERATIONS 32,059 4,024 41,343 [1] 15,040 14,359 46,418 73,699  
DISCONTINUED OPERATIONS, NET (Note 2)                
Income from discontinued operations, net of income tax expense of $0, $18,313, $21,231 and $82,223 0 12,084   43,327 43,092 43,092 220,294  
Net Income 32,059 16,108 41,343 [1] 58,367 57,451 89,510 293,993 373,798
Less: Net (loss) income attributable to noncontrolling interest (642)     1,022   (970) 1,749  
NET INCOME ATTRIBUTABLE TO RAYONIER INC. 32,701 16,353 41,426 [1] 57,345 57,779 90,480 292,244  
OTHER COMPREHENSIVE INCOME                
Foreign currency translation adjustment (37,877)     24,259   (16,426) (2,967) (5,710)
New Zealand joint venture cash flow hedges, net of income tax benefit of $1,170, $0, $1,270 and $0 (3,494)     3,433   (2,703) 4,209 3,629
Net gain from pension and postretirement plans, net of income tax expense of $150, $1,579, $37,025 and $5,403 2,265     3,639   63,235 12,326  
Total other comprehensive (loss) income (39,106)     31,331   44,106 13,568  
COMPREHENSIVE (LOSS) INCOME (7,047)     89,698   133,616 307,561  
Less: Comprehensive (loss) income attributable to noncontrolling interest (12,426)     8,594   (6,573) (909)  
COMPREHENSIVE INCOME ATTRIBUTABLE TO RAYONIER INC. $ 5,379     $ 81,104   $ 140,189 $ 308,470  
BASIC EARNINGS PER SHARE ATTRIBUTABLE TO RAYONIER INC.                
Continuing operations, Basic (in dollars per share) $ 0.26 $ 0.03 $ 0.33 [1] $ 0.11 $ 0.12 $ 0.38 $ 0.57  
Discontinued operations, Basic (in dollars per share) $ 0.00 $ 0.10 $ 0.00 [1] $ 0.34 $ 0.34 $ 0.34 $ 1.76  
Net Income, Basic (in dollars per share) $ 0.26 $ 0.13 $ 0.33 [1] $ 0.45 $ 0.46 $ 0.72 $ 2.33  
DILUTED EARNINGS PER SHARE ATTRIBUTABLE TO RAYONIER INC.                
Continuing operations, Diluted (in dollars per share) $ 0.25 $ 0.03 $ 0.32 [1] $ 0.11 $ 0.11 $ 0.36 $ 0.55  
Discontinued operations, Diluted (in dollars per share) $ 0.00 $ 0.09 $ 0.00 [1] $ 0.33 $ 0.33 $ 0.33 $ 1.68  
Net Income, Diluted (in dollars per share) $ 0.25 $ 0.12 $ 0.32 [1] $ 0.44 $ 0.44 $ 0.69 $ 2.23  
Dividends per share $ 0.8     $ 0.49   $ 1.78 $ 1.37 $ 1.86
[1] Includes the Performance Fibers business that was spun-off on June 27, 2014.