XML 96 R85.htm IDEA: XBRL DOCUMENT v3.19.2
CONSOLIDATING FINANCIAL STATEMENTS (Cash Flows) (Details) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Statement of Cash Flows [Abstract]    
CASH (USED FOR) PROVIDED BY OPERATING ACTIVITIES $ 116,954 $ 181,583
INVESTING ACTIVITIES    
Capital expenditures (29,505) (25,920)
Real estate development investments (999) (4,501)
Purchase of timberlands (26,396) (31,234)
Investment in subsidiaries 0 0
Other (3,888) 113
CASH USED FOR INVESTING ACTIVITIES (60,788) (61,542)
FINANCING ACTIVITIES    
Issuance of debt 0 1,014
Repayment of debt 0 (54,389)
Dividends paid (71,107) (67,053)
Proceeds from the issuance of common shares under incentive stock plan 774 7,824
Repurchase of common shares (4,241) (2,966)
Issuance of intercompany notes   0
Other 133 0
Distribution to minority shareholder (3,594) 0
Intercompany distributions 0 0
CASH USED FOR FINANCING ACTIVITIES (78,035) (115,570)
EFFECT OF EXCHANGE RATE CHANGES ON CASH 125 (578)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH    
Change in cash, cash equivalents and restricted cash (21,744) 3,893
Balance, beginning of year 156,454 172,356
Balance, end of period 134,710 176,249
Consolidating Adjustments    
Statement of Cash Flows [Abstract]    
CASH (USED FOR) PROVIDED BY OPERATING ACTIVITIES 0 0
INVESTING ACTIVITIES    
Capital expenditures 0 0
Real estate development investments 0 0
Purchase of timberlands 0 0
Investment in subsidiaries (832) (40,441)
Other 0 0
CASH USED FOR INVESTING ACTIVITIES (832) (40,441)
FINANCING ACTIVITIES    
Issuance of debt   0
Repayment of debt   0
Dividends paid 0 0
Proceeds from the issuance of common shares under incentive stock plan 0 0
Repurchase of common shares 0 0
Issuance of intercompany notes   0
Other 0  
Distribution to minority shareholder 0  
Intercompany distributions 832 40,441
CASH USED FOR FINANCING ACTIVITIES 832 40,441
EFFECT OF EXCHANGE RATE CHANGES ON CASH 0 0
CASH, CASH EQUIVALENTS AND RESTRICTED CASH    
Change in cash, cash equivalents and restricted cash 0 0
Balance, beginning of year 0 0
Balance, end of period 0 0
Rayonier Inc. (Parent Issuer) | Reportable Legal Entities    
Statement of Cash Flows [Abstract]    
CASH (USED FOR) PROVIDED BY OPERATING ACTIVITIES (14,180) (7,491)
INVESTING ACTIVITIES    
Capital expenditures 0 0
Real estate development investments 0 0
Purchase of timberlands 0 0
Investment in subsidiaries 0 0
Other 0 0
CASH USED FOR INVESTING ACTIVITIES 0 0
FINANCING ACTIVITIES    
Issuance of debt   0
Repayment of debt   0
Dividends paid (69,798) (67,053)
Proceeds from the issuance of common shares under incentive stock plan 774 7,824
Repurchase of common shares (4,241) (2,966)
Issuance of intercompany notes   9,000
Other 0  
Distribution to minority shareholder 0  
Intercompany distributions 87,168 107,102
CASH USED FOR FINANCING ACTIVITIES 13,903 35,907
EFFECT OF EXCHANGE RATE CHANGES ON CASH 0 0
CASH, CASH EQUIVALENTS AND RESTRICTED CASH    
Change in cash, cash equivalents and restricted cash (277) 28,416
Balance, beginning of year 361 48,564
Balance, end of period 84 76,980
Subsidiary Guarantors | Reportable Legal Entities    
Statement of Cash Flows [Abstract]    
CASH (USED FOR) PROVIDED BY OPERATING ACTIVITIES 25,406 57,280
INVESTING ACTIVITIES    
Capital expenditures 0 (58)
Real estate development investments 0 0
Purchase of timberlands 0 0
Investment in subsidiaries 832 40,441
Other (7,539) 0
CASH USED FOR INVESTING ACTIVITIES (6,707) 40,383
FINANCING ACTIVITIES    
Issuance of debt   0
Repayment of debt   (50,000)
Dividends paid (1,309) 0
Proceeds from the issuance of common shares under incentive stock plan 0 0
Repurchase of common shares 0 0
Issuance of intercompany notes   0
Other 0  
Distribution to minority shareholder 0  
Intercompany distributions (29,293) (60,741)
CASH USED FOR FINANCING ACTIVITIES (30,602) (110,741)
EFFECT OF EXCHANGE RATE CHANGES ON CASH 0 0
CASH, CASH EQUIVALENTS AND RESTRICTED CASH    
Change in cash, cash equivalents and restricted cash (11,903) (13,078)
Balance, beginning of year 104,777 25,042
Balance, end of period 92,874 11,964
Non- guarantors | Reportable Legal Entities    
Statement of Cash Flows [Abstract]    
CASH (USED FOR) PROVIDED BY OPERATING ACTIVITIES 105,728 131,794
INVESTING ACTIVITIES    
Capital expenditures (29,505) (25,862)
Real estate development investments (999) (4,501)
Purchase of timberlands (26,396) (31,234)
Investment in subsidiaries 0 0
Other 3,651 113
CASH USED FOR INVESTING ACTIVITIES (53,249) (61,484)
FINANCING ACTIVITIES    
Issuance of debt   1,014
Repayment of debt   (4,389)
Dividends paid 0
Proceeds from the issuance of common shares under incentive stock plan 0 0
Repurchase of common shares 0 0
Issuance of intercompany notes   (9,000)
Other 133  
Distribution to minority shareholder (3,594)  
Intercompany distributions (58,707) (86,802)
CASH USED FOR FINANCING ACTIVITIES (62,168) (81,177)
EFFECT OF EXCHANGE RATE CHANGES ON CASH 125 (578)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH    
Change in cash, cash equivalents and restricted cash (9,564) (11,445)
Balance, beginning of year 51,316 98,750
Balance, end of period $ 41,752 $ 87,305