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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Mar. 31, 2019
Jun. 30, 2018
Mar. 31, 2018
Jun. 30, 2019
Jun. 30, 2018
Statement of Comprehensive Income [Abstract]            
SALES (NOTE 2) $ 184,800   $ 245,906   $ 376,346 $ 449,101
Costs and Expenses            
Cost of sales (140,454)   (184,418)   (283,705) (322,906)
Selling and general expenses (10,984)   (11,502)   (20,794) (20,504)
Other operating (expense) income, net (Note 16) (1,969)   1,659   (1,934) 3,029
Costs and Expenses, Total (153,407)   (194,261)   (306,433) (340,381)
OPERATING INCOME 31,393   51,645   69,913 108,720
Interest expense (7,922)   (8,102)   (15,632) (16,155)
Interest and other miscellaneous income, net 1,057   2,905   2,390 3,525
INCOME BEFORE INCOME TAXES 24,528   46,448   56,671 96,090
Income tax expense (Note 9) (3,608)   (7,110)   (7,958) (14,047)
NET INCOME 20,920 $ 27,793 39,338 $ 42,706 48,713 82,043
Less: Net income attributable to noncontrolling interest (2,168)   (3,080)   (5,167) (5,246)
NET INCOME ATTRIBUTABLE TO RAYONIER INC. 18,752   36,258   43,546 76,797
OTHER COMPREHENSIVE (LOSS) INCOME            
Foreign currency translation adjustment, net of income tax expense of $0, $0, $0 and $0 (5,604) 6,033 (29,760) 9,688 429 (20,072)
Cash flow hedges, net of income tax (benefit) expense of ($91), ($2,008), $244 and ($1,640) (19,519) (10,686) 529 16,615 (30,205) 17,143
Amortization of pension and postretirement plans, net of income tax expense of $0, $0, $0 and $0 (112) $ (112) (178) $ (159) (224) (338)
Total other comprehensive (loss) income (25,011)   (29,053)   (29,552) (2,591)
COMPREHENSIVE (LOSS) INCOME (4,091)   10,285   19,161 79,452
Less: Comprehensive (income) loss attributable to noncontrolling interest (815)   5,011   (5,366) 528
COMPREHENSIVE (LOSS) INCOME ATTRIBUTABLE TO RAYONIER INC. $ (4,906)   $ 15,296   $ 13,795 $ 79,980
EARNINGS PER COMMON SHARE (NOTE 12)            
Basic earnings per share attributable to Rayonier Inc. (in dollars per share) $ 0.14   $ 0.28   $ 0.34 $ 0.60
Diluted earnings per share attributable to Rayonier Inc. (in dollars per share) $ 0.14   $ 0.28   $ 0.34 $ 0.59