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EARNINGS PER COMMON SHARE (Tables)
3 Months Ended
Mar. 31, 2018
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 March 31,
 
2018
 
2017
Net Income

$42,706

 

$35,083

Less: Net income attributable to noncontrolling interest
2,167

 
1,240

Net income attributable to Rayonier Inc.

$40,539

 

$33,843

 
 
 
 
Shares used for determining basic earnings per common share
128,801,210

 
123,587,901

Dilutive effect of:
 
 
 
Stock options
78,475

 
106,690

Performance and restricted shares
672,712

 
228,275

Shares used for determining diluted earnings per common share
129,552,397

 
123,922,866

 
 
 
 
Basic earnings per common share attributable to Rayonier Inc.:

$0.31

 

$0.27

 
 
 
 
Diluted earnings per common share attributable to Rayonier Inc.:

$0.31

 

$0.27

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
 
Three Months Ended March 31,
 
2018
 
2017
Anti-dilutive shares excluded from the computations of diluted earnings per share:
 
 
 
Stock options
171,819

 
592,653