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Quarterly Results for 2018 and 2017 (UNAUDITED) (Tables)
 12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
 
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