INVENTORY

6 Months Ended

Jun. 30, 2017

Inventory Disclosure [Abstract]

INVENTORY

INVENTORY

As of June 30, 2017 and December 31, 2016, Rayonier’s inventory was solely comprised of finished goods, as follows:

	June 30, 2017		December 31, 2016
Finished goods inventory
Real estate inventory (a)		$20,046		$17,059
Log inventory	6,317		4,320
Total inventory		$26,363		$21,379

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

months. See Note 5 — Higher And Better Use Timberlands And Real Estate Development Investments for additional information.