INVENTORY

9 Months Ended

Sep. 30, 2016

Inventory Disclosure [Abstract]

Inventory

INVENTORY

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

	September 30, 2016		December 31, 2015
Finished goods inventory
Real estate inventory (a)		$9,464		$12,252
Log inventory	6,600		3,099
Total inventory		$16,064		$15,351

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

months.