Consolidated Statements of Cash Flows - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2017	Mar. 31, 2016
OPERATING ACTIVITIES
Net income		$ 35,083	$ 15,058
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation, depletion and amortization		30,773	29,342
Non-cash cost of land and improved development		4,479	4,108
Stock-based incentive compensation expense		880	839
Deferred income taxes		5,989	(545)
Amortization of losses from pension and postretirement plans		116	617
Gain on sale of large disposition of timberlands		(28,188)	0
Other		2,306	(1,081)
Changes in operating assets and liabilities:
Receivables		(11,442)	(6,904)
Inventories		(3,481)	(4,619)
Accounts payable		5,886	1,369
Income tax receivable/payable		(126)	(98)
All other operating activities		(8,332)	(7,051)
CASH PROVIDED BY OPERATING ACTIVITIES		33,943	31,035
INVESTING ACTIVITIES
Capital expenditures		(14,362)	(13,298)
Real estate development investments		(2,185)	(1,685)
Purchase of timberlands		(11,293)	(14,323)
Net proceeds from large disposition of timberlands		42,034	0
Rayonier office building under construction		(2,604)	(186)
Change in restricted cash		(39,568)	10,613
Other		(5,617)	(1,404)
CASH USED FOR INVESTING ACTIVITIES		(33,595)	(20,283)
FINANCING ACTIVITIES
Issuance of debt		29,719	285,552
Repayment of debt		(20,530)	(240,752)
Dividends paid		(30,618)	(30,675)
Proceeds from the issuance of common shares under incentive stock plan		2,251	18
Proceeds from the issuance of common shares from equity offering, net of costs		152,345	0
Repurchase of common shares made under share repurchase program		0	(690)
Other		0	(16)
CASH PROVIDED BY FINANCING ACTIVITIES		133,167	13,437
EFFECT OF EXCHANGE RATE CHANGES ON CASH		(67)	238
CASH AND CASH EQUIVALENTS
Change in cash and cash equivalents		133,448	24,427
Balance, beginning of year		85,909	51,777
Balance, end of period		219,357	76,204
Cash paid during the period:
Interest	[1]	3,695	5,808
Income taxes		214	119
Non-cash investing activity:
Capital assets purchased on account		$ 5,430	$ 2,725

[1] Interest paid is presented net of patronage payments received of $3.0 million and $0.4 million for the three months ended March 31, 2017 and March 31, 2016, respectively. For additional information on patronage payments, see Note 5 — Debt in the 2016 Form 10-K.