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INVENTORY
9 Months Ended
Sep. 30, 2018
Inventory Disclosure [Abstract]  
INVENTORY
INVENTORY
As of September 30, 2018 and December 31, 2017, Rayonier’s inventory was solely comprised of finished goods, as follows:
 
September 30, 2018
 
December 31, 2017
Finished goods inventory
 
 
 
Real estate inventory (a)

$22,374

 

$18,350

Log inventory
4,576

 
5,791

Total inventory

$26,950

 

$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.