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Quarterly Results for 2018 and 2017 (UNAUDITED)
 12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results for 2018 and 2017 (UNAUDITED) QUARTERLY RESULTS FOR 2018 and 2017 (UNAUDITED)
 
Quarter Ended
 
Total Year
(thousands of dollars, except per share amounts)
Mar. 31
 
June 30
 
Sept. 30
 
Dec. 31
 
2018
 
 
 
 
 
 
 
 
 
Sales

$203,196

 

$245,906

 

$200,890

 

$166,146

 

$816,138

Cost of sales
(138,488
)
 
(184,418
)
 
(143,261
)
 
(139,092
)
 
(605,259
)
Net Income
42,706

 
39,338

 
30,639

 
4,647

 
117,330

Net Income attributable to Rayonier Inc.
40,539


36,258

 
23,432

 
1,987

 
102,216

Basic EPS attributable to Rayonier Inc.

$0.31

 

$0.28

 

$0.18

 

$0.02

 

$0.79

Diluted EPS attributable to Rayonier Inc.

$0.31

 

$0.28

 

$0.18

 

$0.02

 

$0.79

 
 
 
 
 
 
 
 
 
 
2017
 
 
 
 
 
 
 
 
 
Sales

$194,491

 

$200,964

 

$184,419

 

$239,722

 

$819,596

Cost of sales
(136,828
)
 
(144,610
)
 
(136,983
)
 
(149,832
)
 
(568,253
)
Net Income
35,083

 
30,773

 
28,803

 
66,920

 
161,579

Net Income attributable to Rayonier Inc.
33,843

 
26,161

 
24,688

 
64,150

 
148,842

Basic EPS attributable to Rayonier Inc.

$0.27

 

$0.20

 

$0.19

 

$0.50

 

$1.17

Diluted EPS attributable to Rayonier Inc.

$0.27

 

$0.20

 

$0.19

 

$0.50

 

$1.16