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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Dec. 31, 2017
Statement of Comprehensive Income [Abstract]          
SALES $ 245,906 $ 200,964 $ 449,101 $ 395,455  
Costs and Expenses          
Cost of sales 184,418 144,610 322,906 281,438  
Selling and general expenses 11,502 10,246 20,504 19,836  
Other operating income, net (Note 15) (1,659) (785) (3,029) (1,973)  
Costs and Expenses, Total 194,261 154,071 340,381 299,301  
OPERATING INCOME 51,645 46,893 108,720 96,154  
Interest expense (8,102) (8,631) (16,155) (17,046)  
Interest and other miscellaneous income, net 2,905 4 3,525 522  
INCOME BEFORE INCOME TAXES 46,448 38,266 96,090 79,630  
Income tax expense (Note 8) (7,110) (7,493) (14,047) (13,774)  
NET INCOME 39,338 30,773 82,043 65,856 $ 161,579
Less: Net income attributable to noncontrolling interest 3,080 4,612 5,246 5,853  
NET INCOME ATTRIBUTABLE TO RAYONIER INC. 36,258 26,161 76,797 60,003  
OTHER COMPREHENSIVE (LOSS) INCOME          
Foreign currency translation adjustment, net of income tax expense of $0, $0, $0 and $0 (29,760) 21,484 (20,072) 23,916 9,114
Cash flow hedges, net of income tax benefit (expense) of $2,008, $1,180, $1,640 and $1,148 529 (1,988) 17,143 565 5,693
Amortization of pension and postretirement plans, net of income tax expense of $0, $0, $0 and $0 178 116 338 233 $ (208)
Total other comprehensive (loss) income (29,053) 19,612 (2,591) 24,714  
COMPREHENSIVE INCOME 10,285 50,385 79,452 90,570  
Less: Comprehensive (loss) income attributable to noncontrolling interest (5,011) 9,595 (528) 11,247  
COMPREHENSIVE INCOME ATTRIBUTABLE TO RAYONIER INC. $ 15,296 $ 40,790 $ 79,980 $ 79,323  
EARNINGS PER COMMON SHARE (Note 11)          
Basic earnings per share attributable to Rayonier Inc. (in dollars per share) $ 0.28 $ 0.20 $ 0.60 $ 0.48  
Diluted earnings per share attributable to Rayonier Inc. (in dollars per share) 0.28 0.20 0.59 0.47  
Dividends declared per share (in dollars per share) $ 0.27 $ 0.25 $ 0.52 $ 0.5 $ 1.00