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Consolidated Statements of Income and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Dec. 31, 2016
Statement of Comprehensive Income [Abstract]      
SALES $ 186,512 $ 134,843  
Costs and Expenses      
Cost of sales 136,413 107,971  
Selling and general expenses 9,590 9,779  
Other operating income, net (Note 14) (8,752) (5,904)  
Costs and Expenses, Total 137,251 111,846  
OPERATING INCOME 49,261 22,997  
Interest expense (8,415) (7,098)  
Interest income and miscellaneous income (expense), net 518 (1,622)  
INCOME BEFORE INCOME TAXES 41,364 14,277  
Income tax (expense) benefit (6,281) 781  
NET INCOME 35,083 15,058 $ 217,770
Less: Net income attributable to noncontrolling interest 1,240 586  
NET INCOME ATTRIBUTABLE TO RAYONIER INC. 33,843 14,472  
OTHER COMPREHENSIVE INCOME (LOSS)      
Foreign currency translation adjustment, net of income tax expense of $0 and $0 2,432 2,804 6,322
Cash flow hedges, net of income tax (expense) benefit of ($32) and $432 2,553 (13,774) 22,822
Amortization of pension and postretirement plans, net of income tax expense of $0 and $0 116 617 $ 5,533
Total other comprehensive income (loss) 5,101 (10,353)  
COMPREHENSIVE INCOME 40,184 4,705  
Less: Comprehensive income (loss) attributable to noncontrolling interest 1,651 (3,749)  
COMPREHENSIVE INCOME ATTRIBUTABLE TO RAYONIER INC. $ 38,533 $ 8,454  
EARNINGS PER COMMON SHARE (Note 10)      
Basic earnings per share attributable to Rayonier Inc. (in dollars per share) $ 0.27 $ 0.12  
Diluted earnings per share attributable to Rayonier Inc. (in dollars per share) 0.27 0.12  
Dividends declared per share (in dollars per share) $ 0.25 $ 0.25 $ 1.00