Inventory

12 Months Ended

Dec. 31, 2018

Inventory Disclosure [Abstract]

Inventory

INVENTORY

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

	2018		2017
Finished goods inventory
Real estate inventory (a)		$11,919		$18,350
Log inventory	3,784		5,791
Total inventory		$15,703		$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.