SEGMENT AND GEOGRAPHICAL INFORMATION (Tables)

12 Months Ended

Dec. 31, 2019

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

Segment information for each of the three years ended December 31, 2019 follows:

	Sales by Product Line
	2019			2018			2017
Southern Timber		$194,111			$169,995			$144,510
Pacific Northwest Timber	85,414			109,832			91,877
New Zealand Timber	241,861			249,014			223,299
Real Estate
Improved Development	5,882			8,336			6,889
Unimproved Development	19,476			8,621			16,405
Rural	29,852			22,689			18,632
Timberlands & Non-Strategic	19,133			98,872			70,590
Large Dispositions	—			—			95,351
Other (a)	544			57			(541		)
Total Real Estate	74,887			138,575			207,326
Trading	115,438			148,814			152,584
Intersegment eliminations	(155		)	(92		)	—
Total Sales		$711,556			$816,138			$819,596

(a) Includes marketing fees and deferred revenue adjustments related to Improved Development sales.

	Operating Income (Loss)
	2019			2018			2017
Southern Timber		$57,804			$44,245			$42,254
Pacific Northwest Timber	(12,427		)	8,137			1,127
New Zealand Timber	48,035			62,754			57,567
Real Estate (a)	38,665			76,240			130,856
Trading	8			953			4,578
Corporate and other	(25,058		)	(22,261		)	(20,891		)
Total Operating Income	107,027			170,068			215,491
Unallocated interest expense and other	(26,409		)	(27,502		)	(32,231		)
Total Income before Income Taxes		$80,618			$142,566			$183,260

(a) The year 2017 includes Large Dispositions of $67.0 million.

	Gross Capital Expenditures
	2019		2018		2017
Capital Expenditures (a)
Southern Timber		$34,574		$35,388		$34,476
Pacific Northwest Timber	11,220		9,311		10,254
New Zealand Timber	17,357		17,318		17,046
Real Estate	204		284		1,348
Corporate and other	641		24		2,221
Total capital expenditures		$63,996		$62,325		$65,345
Timberland Acquisitions
Southern Timber		$98,927		$45,943		$220,051
Pacific Northwest Timber	7,340		—		1,483
New Zealand Timber	36,020		11,665		21,376
Total timberland acquisitions		$142,287		$57,608		$242,910
Total Gross Capital Expenditures		$206,283		$119,933		$308,255

(a) Excludes timberland acquisitions presented separately in addition to spending on the Rayonier office building of $6.1 million in 2017 and real estate development investments of $6.8 million, $9.5 million and $15.8 million in the years 2019, 2018 and 2017, respectively.

	Depreciation, Depletion and Amortization
	2019		2018		2017
Southern Timber		$61,923		$58,609		$49,357
Pacific Northwest Timber	29,165		32,779		32,008
New Zealand Timber	27,761		28,007		27,499
Real Estate (a)	8,229		23,566		36,343
Corporate and other	1,157		1,160		794
Total		$128,235		$144,121		$146,001

(a) The year 2017 includes Large Dispositions of $18.4 million.

	Non-Cash Cost of Land and Improved Development
	2019		2018		2017
Real Estate (a)		$12,565		$23,553		$23,498

(a) The year 2017 includes Large Dispositions of $9.8 million.

Schedule of Geographical Operating Information

	Geographical Operating Information
	Sales						Operating Income						Identifiable Assets
	2019		2018		2017		2019		2018		2017		2019		2018
United States		$354,395		$390,396		$419,402		$58,945		$83,357		$138,528		$2,288,642		$2,282,480
New Zealand	357,161		425,742		400,194		48,082		86,711		76,963		572,354		498,186
Total		$711,556		$816,138		$819,596		$107,027		$170,068		$215,491		$2,860,996		$2,780,666