Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2015

Compensation and Retirement Disclosure [Abstract]

Schedule of Changes in Projected Benefit Obligations

The following tables set forth the change in the projected benefit obligation and plan assets and reconcile the funded status and the amounts recognized in the Consolidated Balance Sheets for the pension and postretirement benefit plans for the two years ended December 31:

	Pension						Postretirement
	2015			2014			2015			2014
Change in Projected Benefit Obligation
Projected benefit obligation at beginning of year		$87,355			$413,638			$1,226			$21,999
Service cost	1,484			3,923			11			402
Interest cost	3,319			10,707			52			537
Actuarial (gain) loss	(5,332		)	43,093			(123		)	2,250
Employee contributions	—			—			—			484
Benefits paid	(2,821		)	(11,288		)	(7		)	(888		)
Transferred to Rayonier Advanced Materials	—			(372,718		)	—			(23,558		)
Projected benefit obligation at end of year		$84,005			$87,355			$1,159			$1,226

Funded Status at End of Year:
Net accrued benefit cost	($33,035	)	($31,809	)	($1,159	)	($1,226	)

Schedule of Changes in Fair Value of Plan Assets

Change in Plan Assets
Fair value of plan assets at beginning of year		$55,546			$341,905		—		—
Actual return on plan assets	(1,241		)	21,399			—		—
Employer contributions	29			1,103			7		404
Employee contributions	—			—			—		484
Benefits paid	(2,821		)	(11,288		)	(7	)	(888	)
Other expense	(543		)	(607		)	—		—
Transferred to Rayonier Advanced Materials	—			(296,966		)	—		—
Fair value of plan assets at end of year		$50,970			$55,546		—		—

Schedule of Amounts Recognized in Balance Sheet

Amounts Recognized in the Consolidated
Balance Sheets Consist of:
Noncurrent assets	—			—			—			—
Current liabilities	(32		)	(15		)	(24		)	(25		)
Noncurrent liabilities	(33,003		)	(31,794		)	(1,135		)	(1,201		)
Net amount recognized		($33,035	)		($31,809	)		($1,159	)		($1,226	)

Schedule of Amounts Recognized in Other Comprehensive Income (Loss)

Net gains or losses, prior service costs or credits and plan amendment gains recognized in other comprehensive income for the three years ended December 31 are as follows:

	Pension								Postretirement
	2015			2014			2013		2015		2014			2013
Net (losses) gains		($477	)		($37,559	)		$60,171		$123		($2,250	)		$3,206
Prior service cost	—			—			—		—		—			—
Negative plan amendment	—			—			—		—		—			3,372

Net gains or losses and prior service costs or credits reclassified from other comprehensive income and recognized as a component of pension and postretirement expense for the three years ended December 31 are as follows:

	Pension						Postretirement
	2015		2014		2013		2015		2014			2013
Amortization of losses		$3,733		$6,542		$20,914		$12		$288			$675
Amortization of prior service cost	13		576		1,356		—		8			66
Amortization of negative plan amendment	—		—		—		—		(137		)	(105		)

Schedule of Net Periodic Benefit Cost Not yet Recognized

Net losses and prior service costs or credits that have not yet been included in pension and postretirement expense for the two years ended December 31, which have been recognized as a component of AOCI are as follows:

	Pension						Postretirement
	2015			2014			2015		2014
Prior service cost	—				($13	)	—		—
Net (losses) gains	(27,710		)	(30,965		)	45		(90		)
Negative plan amendment	—			—			—		—
Deferred income tax benefit (expense)	1,927			2,425			6		(22		)
AOCI		($25,783	)		($28,553	)		$51		($112	)

Schedule of Projected Benefit Obligation and Accumulated Benefit Obligation in Excess of Fair Value

For pension and postretirement plans with accumulated benefit obligations in excess of plan assets, the following table sets forth the projected and accumulated benefit obligations and the fair value of plan assets for the two years ended December 31:

	2015		2014
Projected benefit obligation		$84,005		$87,355
Accumulated benefit obligation	78,779		81,141
Fair value of plan assets	50,970		55,546

Schedule of Net Benefit Costs

The following tables set forth the components of net pension and postretirement benefit cost that have been recognized during the three years ended December 31:

	Pension									Postretirement
	2015			2014			2013			2015		2014			2013
Components of Net Periodic Benefit Cost
Service cost		$1,484			$3,923			$8,452			$11		$402			$1,056
Interest cost	3,319			10,707			16,682			52		537			937
Expected return on plan assets	(4,027		)	(15,258		)	(25,302		)	—		—			—
Amortization of prior service cost	13			576			1,296			—		8			66
Amortization of losses	3,733			6,542			20,097			12		288			675
Amortization of negative plan amendment	—			—			—			—		(137		)	(105		)
Curtailment expense	—			—			60			—		—			—
Settlement expense	—			—			817			—		—			—
Net periodic benefit cost (a)		$4,522			$6,490			$22,102			$75		$1,098			$2,629

(a) Net periodic benefit cost for the years ended December 31, 2014 and 2013 included $4.0 million and $14.9 million, respectively, recorded in “Income from discontinued operations, net” on the Consolidated Statements of Income and Comprehensive Income.

Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized over Next Fiscal Year

The estimated pre-tax amounts that will be amortized from AOCI into net periodic benefit cost in 2016 are as follows:

	Pension		Postretirement
Amortization of loss (gain)		$2,426		($1	)

Schedule of Assumptions Used

The following table sets forth the principal assumptions inherent in the determination of benefit obligations and net periodic benefit cost of the pension and postretirement benefit plans as of December 31:

	Pension						Postretirement
	2015		2014		2013		2015		2014		2013
Assumptions used to determine benefit obligations at December 31:
Discount rate	4.20	%	3.80	%	4.60	%	4.34	%	3.96	%	4.60	%
Rate of compensation increase	4.50	%	4.50	%	4.60	%	4.50	%	4.50	%	4.50	%
Assumptions used to determine net periodic benefit cost for years ended December 31:
Discount rate (pre-spin off)	—		4.60	%	3.70	%	—		4.60	%	3.60	%
Discount rate (post-spin off)	3.80	%	4.04	%	—		3.96	%	4.00	%	—
Expected long-term return on plan assets	7.70	%	8.50	%	8.50	%	—		—		—
Rate of compensation increase	4.50	%	4.50	%	4.60	%	4.50	%	4.50	%	4.50	%

Schedule of Allocation of Plan Assets

The following table sets forth by level, within the fair value hierarchy (see Note 2 — Summary of Significant Accounting Policiesfor definition), the assets of the plans as of December 31, 2015 and 2014.

	Fair Value at December 31, 2015						Fair Value at December 31, 2014
Asset Category	Level 1		Level 2		Total		Level 1		Level 2		Total
Domestic equity securities		$3,781		$16,171		$19,952		$4,557		$18,326		$22,883
International equity securities	6,062		6,287		12,349		6,277		6,488		12,765
Domestic fixed income securities	—		13,654		13,654		—		14,643		14,643
International fixed income securities	2,348		—		2,348		2,428		—		2,428
Real estate fund	1,583		—		1,583		1,887		—		1,887
Short-term investments	—		1,084		1,084		—		940		940
Total		$13,774		$37,196		$50,970		$15,149		$40,397		$55,546

The Company’s pension plans’ asset allocation (excluding short-term investments) at December 31, 2015 and 2014, and target allocation ranges by asset category are as follows:

	Percentage of Plan Assets				Target Allocation Range
Asset Category	2015		2014
Domestic equity securities	40	%	42	%	35-45%
International equity securities	25	%	23	%	20-30%
Domestic fixed income securities	27	%	27	%	25-29%
International fixed income securities	5	%	4	%	3-7%
Real estate fund	3	%	4	%	2-4%
Total	100	%	100	%

Schedule of Expected Benefit Payments

Expected benefit payments for the next 10 years are as follows:

	Pension Benefits		Postretirement Benefits
2016		$3,043		$25
2017	3,204		27
2018	3,346		29
2019	3,543		32
2020	3,811		34
2021 - 2025	21,825		211