Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
CURRENT ASSETS
Cash and cash equivalents	$ 182,831	$ 199,644
Accounts receivable, less allowance for doubtful accounts of $217 and $673	28,237	94,956
Inventory
Finished goods	11,132	115,270
Work in progress	0	3,555
Raw materials	1,307	17,661
Manufacturing and maintenance supplies	0	2,332
Total inventory	12,439	138,818
Deferred tax assets	4,211	39,100
Prepaid and other current assets	23,821	46,576
Total current assets	251,539	519,094
TIMBER AND TIMBERLANDS, NET OF DEPLETION AND AMORTIZATION	2,058,381	2,049,378
PROPERTY, PLANT AND EQUIPMENT
Land	1,833	20,138
Buildings	8,885	180,573
Machinery and equipment	3,326	1,760,641
Construction in progress	393	19,795
Total property, plant and equipment, gross	14,437	1,981,147
Less — accumulated depreciation	(7,906)	(1,120,326)
Total property, plant and equipment, net	6,531	860,821
OTHER ASSETS	161,108	256,208
TOTAL ASSETS	2,477,559	3,685,501
CURRENT LIABILITIES
Accounts payable	23,126	69,293
Current maturities of long-term debt	130,486	112,500
Accrued taxes	14,954	8,551
Uncertain tax positions	0	10,547
Accrued payroll and benefits	6,338	24,948
Accrued interest	10,136	9,531
Accrued customer incentives	0	9,580
Other current liabilities	26,596	24,327
Current liabilities for dispositions and discontinued operations (Note 14)	0	6,835
Total current liabilities	211,636	276,112
LONG-TERM DEBT	605,162	1,461,724
NON-CURRENT LIABILITIES FOR DISPOSITIONS AND DISCONTINUED OPERATIONS (Note 14)	0	69,543
PENSION AND OTHER POSTRETIREMENT BENEFITS (Note 17)	22,393	95,654
OTHER NON-CURRENT LIABILITIES	27,466	27,225
COMMITMENTS AND CONTINGENCIES (Notes 13 and 15)
SHAREHOLDERS’ EQUITY
Common Shares, 480,000,000 shares authorized, 126,724,444 and 126,257,870 shares issued and outstanding	700,581	692,100
Retained earnings	820,181	1,015,209
Accumulated other comprehensive income (loss)	3,569	(46,139)
TOTAL RAYONIER INC. SHAREHOLDERS’ EQUITY	1,524,331	1,661,170
Noncontrolling interest	86,571	94,073
TOTAL SHAREHOLDERS’ EQUITY	1,610,902	1,755,243
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 2,477,559	$ 3,685,501