CONSOLIDATED BALANCE SHEETS - USD ($)	Mar. 31, 2018	Dec. 31, 2017
CURRENT ASSETS
Cash and cash equivalents	$ 92,785,000	$ 112,653,000
Accounts receivable, less allowance for doubtful accounts of $23 and $23	37,793,000	27,693,000
Inventory (Note 16)	19,993,000	24,141,000
Prepaid expenses	16,436,000	15,993,000
Assets held for sale (Note 18)	24,552,000	0
Other current assets	4,935,000	3,047,000
Total current assets	196,494,000	183,527,000
TIMBER AND TIMBERLANDS, NET OF DEPLETION AND AMORTIZATION	2,424,675,000	2,462,066,000
HIGHER AND BETTER USE TIMBERLANDS AND REAL ESTATE DEVELOPMENT INVESTMENTS (NOTE 6)	87,702,000	80,797,000
PROPERTY, PLANT AND EQUIPMENT
Land	3,962,000	3,962,000
Buildings	24,236,000	23,618,000
Machinery and equipment	4,416,000	4,440,000
Construction in progress	237,000	627,000
Total property, plant and equipment, gross	32,851,000	32,647,000
Less — accumulated depreciation	(9,675,000)	(9,269,000)
Total property, plant and equipment, net	23,176,000	23,378,000
Total restricted cash shown in the Consolidated Balance Sheets	84,903,000	59,703,000
OTHER ASSETS	61,422,000	49,010,000
TOTAL ASSETS	2,878,372,000	2,858,481,000
CURRENT LIABILITIES
Accounts payable	27,082,000	25,148,000
Current maturities of long-term debt (Note 5)	0	3,375,000
Accrued taxes	3,583,000	3,781,000
Accrued payroll and benefits	3,760,000	9,662,000
Accrued interest	8,100,000	5,054,000
Deferred revenue	7,901,000	9,721,000
Other current liabilities	15,091,000	11,807,000
Total current liabilities	65,517,000	68,548,000
LONG-TERM DEBT, NET OF DEFERRED FINANCING COSTS (NOTE 5)	996,145,000	1,022,004,000
PENSION AND OTHER POSTRETIREMENT BENEFITS (NOTE 14)	31,137,000	31,905,000
OTHER NON-CURRENT LIABILITIES	49,400,000	43,084,000
COMMITMENTS AND CONTINGENCIES (NOTES 7 and 9)
SHAREHOLDERS’ EQUITY
Common Shares, 480,000,000 shares authorized, 129,174,301 and 128,970,776 shares issued and outstanding	878,927,000	872,228,000
Retained earnings	715,283,000	707,378,000
Accumulated other comprehensive income (Note 19)	37,563,000	13,417,000
TOTAL RAYONIER INC. SHAREHOLDERS’ EQUITY	1,631,773,000	1,593,023,000
Noncontrolling interest	104,400,000	99,917,000
TOTAL SHAREHOLDERS’ EQUITY	1,736,173,000	1,692,940,000
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 2,878,372,000	$ 2,858,481,000