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Other Assets
12 Months Ended
Dec. 31, 2018
Other Assets [Abstract]  
Other Assets OTHER ASSETS
Included in Other Assets are derivatives, goodwill in the New Zealand subsidiary, long-term prepaid roads, and other deferred expenses including deferred financing costs related to revolving debt and capitalized software costs.
See Note 13 — Derivative Financial Instruments and Hedging Activities for further information on derivatives including their classification on the Consolidated Balance Sheets.
Changes in goodwill for the years ended December 31, 2018 and 2017 were:
 
2018
 
2017
Balance, January 1 (net of $0 of accumulated impairment)

$8,776

 

$8,679

Changes to carrying amount
 
 
 
Acquisitions

 

Impairment

 

Foreign currency adjustment
(469
)
 
97

Balance, December 31 (net of $0 of accumulated impairment)

$8,307

 

$8,776


See Note 1 — Summary of Significant Accounting Policies for additional information on goodwill.
As of December 31, 2018 and 2017, Rayonier’s prepaid logging and secondary roads follows:
 
2018
 
2017
Long-term and prepaid and secondary roads
 
 
 
    Pacific Northwest long-term prepaid roads

$4,000

 

$3,696

    New Zealand long-term secondary roads
3,072

 
2,667

Total long-term prepaid and secondary roads

$7,072

 

$6,363


See Note 1 — Summary of Significant Accounting Policies for additional information on prepaid logging roads.
As of December 31, 2018 and 2017, Rayonier’s deferred financing costs related to revolving debt follows:
 
2018
 
2017
Deferred financing costs related to revolving debt
$213
 
$341

See Note 1 — Summary of Significant Accounting Policies for additional information on deferred financing costs related to revolving debt.
As of December 31, 2018 and 2017, Rayonier’s capitalized software costs follows:
 
2018
 
2017
Capitalized software costs
$3,776
 
$4,092

See Note 1 — Summary of Significant Accounting Policies for additional information on capitalized software costs.