INVENTORY (Tables)

6 Months Ended

Jun. 30, 2016

Inventory Disclosure [Abstract]

Schedule of Inventory

As of June 30, 2016 and December 31, 2015, Rayonier’s inventory was solely comprised of finished goods, as follows:

	June 30, 2016		December 31, 2015
Finished goods inventory
Real estate inventory (a)		$10,556		$12,252
Log inventory	4,401		3,099
Total inventory		$14,957		$15,351

(a) Represents cost of HBU real estate (including capitalized development investments) expected to be sold within 12

months.