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EARNINGS PER COMMON SHARE (Tables)
9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table provides details of the calculations of basic and diluted earnings per common share:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2017
 
2016
 
2017
 
2016
Net Income

$28,803

 

$40,624

 

$94,659

 

$167,261

Less: Net income attributable to noncontrolling interest
4,115

 
1,269

 
9,968

 
3,613

Net income attributable to Rayonier Inc.

$24,688

 

$39,355

 

$84,691

 

$163,648

 
 
 
 
 
 
 
 
Shares used for determining basic earnings per common share
128,610,696

 
122,597,927

 
126,934,003

 
122,574,094

Dilutive effect of:
 
 
 
 
 
 
 
Stock options
84,380

 
113,849

 
94,528

 
88,594

Performance and restricted shares
270,704

 
170,857

 
315,475

 
120,212

Shares used for determining diluted earnings per common share
128,965,780

 
122,882,633

 
127,344,006

 
122,782,900

 
 
 
 
 
 
 
 
Basic earnings per common share attributable to Rayonier Inc.:

$0.19

 

$0.32

 

$0.67

 

$1.34

 
 
 
 
 
 
 
 
Diluted earnings per common share attributable to Rayonier Inc.:

$0.19

 

$0.32

 

$0.67

 

$1.33

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2017
 
2016
 
2017
 
2016
Anti-dilutive shares excluded from the computations of diluted earnings per share:
 
 
 
 
 
 
 
Stock options, performance and restricted shares
621,447

 
745,878

 
600,039

 
863,244

Total
621,447

 
745,878

 
600,039

 
863,244