EARNINGS PER COMMON SHARE

3 Months Ended

Mar. 31, 2017

Earnings Per Share [Abstract]

Earnings Per Common Share

EARNINGS PER COMMON SHARE

The following table provides details of the calculations of basic and diluted earnings per common share:

	Three Months Ended March 31,
	2017		2016
Net Income		$35,083		$15,058
Less: Net income attributable to noncontrolling interest	1,240		586
Net income attributable to Rayonier Inc.		$33,843		$14,472
Shares used for determining basic earnings per common share	123,587,901		122,556,239
Dilutive effect of:
Stock options	106,690		53,526
Performance and restricted shares	228,275		35,124
Shares used for determining diluted earnings per common share	123,922,866		122,644,889
Basic earnings per common share attributable to Rayonier Inc.:		$0.27		$0.12
Diluted earnings per common share attributable to Rayonier Inc.:		$0.27		$0.12

	Three Months Ended March 31,
	2017	2016
Anti-dilutive shares excluded from the computations of diluted earnings per share:
Stock options, performance and restricted shares	592,653	1,095,453
Total	592,653	1,095,453