INVENTORY (Tables)

9 Months Ended

Sep. 30, 2017

Inventory Disclosure [Abstract]

Schedule of Inventory

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

	September 30, 2017		December 31, 2016
Finished goods inventory
Real estate inventory (a)		$19,403		$17,059
Log inventory	5,094		4,320
Total inventory		$24,497		$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.