Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
CURRENT ASSETS
Cash and cash equivalents	$ 112,653	$ 85,909
Accounts receivable, less allowance for doubtful accounts of $23 and $33	27,693	20,664
Inventory (Note 18)	24,141	21,379
Prepaid logging roads	11,207	10,228
Prepaid expenses	4,786	1,579
Assets held for sale (Note 21)	0	23,171
Other current assets	3,047	1,874
Total current assets	183,527	164,804
TIMBER AND TIMBERLANDS, NET OF DEPLETION AND AMORTIZATION	2,462,066	2,291,015
HIGHER AND BETTER USE TIMBERLANDS AND REAL ESTATE DEVELOPMENT INVESTMENTS (NOTE 6)	80,797	70,374
PROPERTY, PLANT AND EQUIPMENT
Land	3,962	2,279
Buildings	23,618	7,990
Machinery and equipment	4,440	4,658
Construction in progress	627	8,170
Total property, plant and equipment, gross	32,647	23,097
Less—accumulated depreciation	(9,269)	(9,063)
Total property, plant and equipment, net	23,378	14,034
RESTRICTED CASH (NOTE 19)	59,703	71,708
OTHER ASSETS (NOTE 20)	49,010	73,825
TOTAL ASSETS	2,858,481	2,685,760
CURRENT LIABILITIES
Accounts payable	25,148	22,337
Current maturities of long-term debt (Note 5)	3,375	31,676
Accrued taxes	3,781	2,657
Accrued payroll and benefits	9,662	9,277
Accrued interest	5,054	5,340
Deferred revenue	9,721	9,099
Other current liabilities	11,807	11,580
Total current liabilities	68,548	91,966
LONG-TERM DEBT, NET OF DEFERRED FINANCING COSTS (NOTE 5)	1,022,004	1,030,205
PENSION AND OTHER POSTRETIREMENT BENEFITS (NOTE 15)	31,905	31,856
OTHER NON-CURRENT LIABILITIES	43,084	34,981
COMMITMENTS AND CONTINGENCIES (NOTES 8 and 10)
SHAREHOLDERS’ EQUITY
Common Shares, 480,000,000 shares authorized, 128,970,776 and 122,904,368 shares issued and outstanding	872,228	709,867
Retained earnings	707,378	700,887
Accumulated other comprehensive income (Note 22)	13,417	856
TOTAL RAYONIER INC. SHAREHOLDERS’ EQUITY	1,593,023	1,411,610
Noncontrolling interest	99,917	85,142
TOTAL SHAREHOLDERS’ EQUITY	1,692,940	1,496,752
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 2,858,481	$ 2,685,760