Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
CURRENT ASSETS
Cash and cash equivalents	$ 139,049	$ 161,558
Accounts receivable, less allowance for doubtful accounts of $42 and $42	19,960	24,018
Inventory (Note 14)	13,100	8,383
Prepaid and other current assets	18,040	19,745
Total current assets	190,149	213,704
TIMBER AND TIMBERLANDS, NET OF DEPLETION AND AMORTIZATION	2,073,024	2,088,501
HIGHER AND BETTER USE TIMBERLANDS AND REAL ESTATE DEVELOPMENT COSTS (NOTE 5)	71,952	77,433
PROPERTY, PLANT AND EQUIPMENT
Land	1,833	1,833
Buildings	8,894	8,961
Machinery and equipment	3,530	3,503
Construction in progress	710	579
Total property, plant and equipment, gross	14,967	14,876
Less — accumulated depreciation	(8,375)	(8,170)
Total property, plant and equipment, net	6,592	6,706
OTHER ASSETS	70,833	66,771
TOTAL ASSETS	2,412,550	2,453,115
CURRENT LIABILITIES
Accounts payable	22,228	20,211
Current maturities of long-term debt	130,213	129,706
Accrued taxes	12,461	11,405
Accrued payroll and benefits	2,996	6,390
Accrued interest	9,892	8,433
Other current liabilities	19,002	25,857
Total current liabilities	196,792	202,002
LONG-TERM DEBT	612,804	621,849
PENSION AND OTHER POSTRETIREMENT BENEFITS (Note 13)	33,661	33,477
OTHER NON-CURRENT LIABILITIES	21,077	20,636
COMMITMENTS AND CONTINGENCIES (Notes 11 and 12)
SHAREHOLDERS’ EQUITY
Common Shares, 480,000,000 shares authorized, 126,802,309 and 126,773,097 shares issued and outstanding	703,588	702,598
Retained earnings	776,827	790,697
Accumulated other comprehensive loss	(15,088)	(4,825)
TOTAL RAYONIER INC. SHAREHOLDERS’ EQUITY	1,465,327	1,488,470
Noncontrolling interest	82,889	86,681
TOTAL SHAREHOLDERS’ EQUITY	1,548,216	1,575,151
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 2,412,550	$ 2,453,115