INVENTORY

3 Months Ended

Mar. 31, 2018

Inventory Disclosure [Abstract]

INVENTORY

INVENTORY

As of March 31, 2018 and December 31, 2017, Rayonier’s inventory was solely comprised of finished goods, as follows:

	March 31, 2018		December 31, 2017
Finished goods inventory
Real estate inventory (a)		$12,815		$18,350
Log inventory	7,178		5,791
Total inventory		$19,993		$24,141

(a) Represents cost of HBU real estate (including capitalized development investments) expected to be sold within 12 months. See Note 6 — Higher And Better Use Timberlands And Real Estate Development Investments for additional information.