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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
Mar. 31, 2015
Mar. 31, 2014
Income amounts attributable to Rayonier Inc.    
Income from continuing operations $ 18,180us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $ 10,335us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Less: Net income (loss) from continuing operations attributable to noncontrolling interest 433us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity (83)us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
Income from continuing operations attributable to Rayonier Inc. 17,747us-gaap_IncomeLossFromContinuingOperations 10,418us-gaap_IncomeLossFromContinuingOperations
Income from discontinued operations, net, attributable to Rayonier Inc. 0us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax 31,008us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
NET INCOME ATTRIBUTABLE TO RAYONIER INC. $ 17,747us-gaap_NetIncomeLoss $ 41,426us-gaap_NetIncomeLoss
Shares used for determining basic earnings per common share 126,614,334us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 126,344,987us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Dilutive effect of:    
Stock options 168,680ryn_IncrementalCommonSharesAttributableToStockOptions 286,535ryn_IncrementalCommonSharesAttributableToStockOptions
Performance and restricted shares 51,494ryn_IncrementalCommonSharesAttributableToPerformanceAndRestrictedShares 83,850ryn_IncrementalCommonSharesAttributableToPerformanceAndRestrictedShares
Assumed conversion of Senior Exchangeable Notes 892,885us-gaap_IncrementalCommonSharesAttributableToConversionOfDebtSecurities [1] 1,063,538us-gaap_IncrementalCommonSharesAttributableToConversionOfDebtSecurities [1]
Assumed conversion of warrants 0us-gaap_IncrementalCommonSharesAttributableToCallOptionsAndWarrants [1] 645,583us-gaap_IncrementalCommonSharesAttributableToCallOptionsAndWarrants [1]
Shares used for determining diluted earnings per common share 127,727,393us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 128,424,493us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Basic earnings per common share attributable to Rayonier Inc.:    
Continuing Operations, (in dollars per share) $ 0.14us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 0.08us-gaap_IncomeLossFromContinuingOperationsPerBasicShare
Discontinued Operations, (in dollars per share) $ 0.00us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $ 0.25us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
Net Income, Basic (in dollars per share) $ 0.14us-gaap_EarningsPerShareBasic $ 0.33us-gaap_EarningsPerShareBasic
Diluted earnings per common share attributable to Rayonier Inc.:    
Continuing Operations, (in dollars per share) $ 0.14us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 0.08us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare
Discontinued Operations, (in dollars per share) $ 0.00us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $ 0.24us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
Net Income, Diluted (in dollars per share) $ 0.14us-gaap_EarningsPerShareDiluted $ 0.32us-gaap_EarningsPerShareDiluted
[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. ASC 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. The full dilutive effect of the 2015 Notes was included for all periods presented. Rayonier will distribute additional shares upon maturity of the warrants sold in conjunction with the 2015 Notes if the stock price exceeds $28.12 per share. The exchange price on the warrants is lower than periods prior to second quarter 2014 as it has been adjusted to reflect the spin-off of the Performance Fibers business. The warrants were not dilutive for the three months ended March 31, 2015 as the average stock price for the period did not exceed the strike price. For further information, see Note 13 — Debt in the 2014 Form 10-K and Note 15 — Debt of this Form 10-Q.