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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Sep. 30, 2019
Sep. 30, 2018
Statement of Comprehensive Income [Abstract]                
SALES (NOTE 2) $ 156,417     $ 200,890     $ 532,764 $ 649,991
Costs and Expenses                
Cost of sales (134,463)     (143,261)     (418,169) (466,167)
Selling and general expenses (10,102)     (10,800)     (30,896) (31,304)
Other operating (expense) income, net (Note 16) (865)     (451)     (2,799) 2,577
Costs and Expenses, Total (145,430)     (154,512)     (451,864) (494,894)
OPERATING INCOME 10,987     46,378     80,900 155,097
Interest expense (7,996)     (7,838)     (23,629) (23,992)
Interest and other miscellaneous income, net 788     495     3,178 4,020
INCOME BEFORE INCOME TAXES 3,779     39,035     60,449 135,125
Income tax expense (Note 9) (2,251)     (8,396)     (10,208) (22,443)
NET INCOME 1,528 $ 20,920 $ 27,793 30,639 $ 39,338 $ 42,706 50,241 112,682
Less: Net income attributable to noncontrolling interest (1,961)     (7,207)     (7,129) (12,453)
NET (LOSS) INCOME ATTRIBUTABLE TO RAYONIER INC. (433)     23,432     43,112 100,229
OTHER COMPREHENSIVE (LOSS) INCOME                
Foreign currency translation adjustment, net of income tax expense of $0, $0, $0 and $0 (28,524) (5,604) 6,033 (10,527) (29,760) 9,688 (28,095) (30,599)
Cash flow hedges, net of income tax (benefit) expense of ($888), ($401), ($644) and ($2,012) (12,424) $ (19,519) $ (10,686) 4,142 $ 529 $ 16,615 (42,629) 21,285
Amortization of pension and postretirement plans, net of income tax expense of $0, $711, $0 and $711 112     (542)     337 (204)
Total other comprehensive (loss) (40,836)     (6,927)     (70,387) (9,518)
COMPREHENSIVE (LOSS) INCOME (39,308)     23,712     (20,146) 103,164
Less: Comprehensive loss (income) attributable to noncontrolling interest 5,169     (4,533)     (197) (4,004)
COMPREHENSIVE (LOSS) INCOME ATTRIBUTABLE TO RAYONIER INC. $ (34,139)     $ 19,179     $ (20,343) $ 99,160
(LOSS) EARNINGS PER COMMON SHARE (NOTE 12)                
Basic (loss) earnings per share attributable to Rayonier Inc. (in dollars per share) $ 0     $ 0.18     $ 0.33 $ 0.78
Diluted (loss) earnings per share attributable to Rayonier Inc. (in dollars per share) $ 0     $ 0.18     $ 0.33 $ 0.77