CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands		9 Months Ended
		Sep. 30, 2017	Sep. 30, 2016
OPERATING ACTIVITIES
Net income		$ 94,659	$ 167,261
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation, depletion and amortization		96,602	83,685
Non-cash cost of land and improved development		8,631	10,111
Stock-based incentive compensation expense		4,084	3,894
Deferred income taxes		16,714	4,472
Amortization of losses from pension and postretirement plans		349	1,881
Gain on sale of large disposition of timberlands		(28,183)	(101,325)
Other		29	(251)
Changes in operating assets and liabilities:
Receivables		(18,639)	(3,897)
Inventories		(617)	(4,591)
Accounts payable		5,018	583
Income tax receivable/payable		(126)	(47)
All other operating activities		8,352	2,132
CASH PROVIDED BY OPERATING ACTIVITIES		186,873	163,908
INVESTING ACTIVITIES
Capital expenditures		(45,731)	(40,246)
Real estate development investments		(11,780)	(4,815)
Purchase of timberlands		(239,052)	(353,828)
Assets purchased in business acquisition		0	(1,113)
Net proceeds from large disposition of timberlands		42,029	126,965
Rayonier office building under construction		(5,979)	(3,933)
Change in restricted cash		61,078	22,430
Other		383	444
CASH USED FOR INVESTING ACTIVITIES		(199,052)	(254,096)
FINANCING ACTIVITIES
Issuance of debt		63,389	694,096
Repayment of debt		(95,216)	(454,419)
Dividends paid		(95,008)	(92,095)
Proceeds from the issuance of common shares under incentive stock plan		3,665	889
Proceeds from the issuance of common shares from equity offering, net of costs		152,390	0
Repurchase of common shares made under share repurchase program		0	(690)
Debt issuance costs		0	818
Other		0	(139)
CASH PROVIDED BY FINANCING ACTIVITIES		29,220	146,824
EFFECT OF EXCHANGE RATE CHANGES ON CASH		1,112	1,626
CASH AND CASH EQUIVALENTS
Change in cash and cash equivalents		18,153	58,262
Balance, beginning of year		85,909	51,777
Balance, end of period		104,062	110,039
Cash paid during the period:
Interest	[1]	23,485	23,540
Income taxes		513	495
Non-cash investing activity:
Capital assets purchased on account		$ 4,575	$ 4,376

[1] Interest paid is presented net of patronage payments received of $3.0 million and $0.4 million for the nine months ended September 30, 2017 and September 30, 2016, respectively. For additional information on patronage payments, see Note 5 — Debt in the 2016 Form 10-K.