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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
CURRENT ASSETS    
Total cash and cash equivalents $ 362,173 $ 84,507
Accounts receivable, less allowance for doubtful accounts of $59 and $25 30,018 49,082
Inventory 28,523 10,594
Prepaid logging roads 14,286 12,073
Prepaid expenses 4,242 4,095
Assets held for sale 5,099 3,449
Other current assets 749 6,765
Total current assets 451,431 170,565
TIMBER AND TIMBERLANDS, NET OF DEPLETION AND AMORTIZATION 2,894,996 3,262,126
HIGHER AND BETTER USE TIMBERLANDS AND REAL ESTATE DEVELOPMENT INVESTMENTS 106,878 108,518
PROPERTY, PLANT AND EQUIPMENT    
Land 6,401 6,548
Buildings 31,168 31,024
Machinery and equipment 6,494 4,615
Construction in progress 460 452
Total property, plant and equipment, gross 44,523 42,639
Less—accumulated depreciation (14,900) (12,238)
Total property, plant and equipment, net 29,623 30,401
RIGHT-OF-USE ASSETS 101,837 108,992
OTHER ASSETS 50,966 45,156
TOTAL ASSETS 3,636,356 3,728,733
CURRENT LIABILITIES    
Accounts payable 23,447 24,790
Accrued taxes 12,446 7,347
Accrued payroll and benefits 14,514 12,327
Accrued interest 6,343 6,325
Deferred revenue 17,802 11,112
Distributions payable, Timber Funds 6,341 0
Other current liabilities 25,863 29,234
Total current liabilities 231,721 91,135
Total long-term debt 1,242,819 1,360,515
PENSION AND OTHER POSTRETIREMENT BENEFITS 10,478 23,344
LONG-TERM LEASE LIABILITY 93,416 100,251
OTHER NON-CURRENT LIABILITIES 108,521 160,722
COMMITMENTS AND CONTINGENCIES
NONCONTROLLING INTERESTS IN THE OPERATING PARTNERSHIP/REDEEMABLE OPERATING PARTNERSHIP UNITS 4,428,900 and 0 Units outstanding, respectively 133,823 130,121
SHAREHOLDERS’ EQUITY    
Common Shares, 480,000,000 shares authorized, 145,372,961 and 137,678,822 shares issued and outstanding 1,389,073 1,101,675
Retained earnings 402,307 446,267
Accumulated other comprehensive (loss) income (19,604) (73,885)
TOTAL RAYONIER INC. SHAREHOLDERS’ EQUITY 1,771,776 1,474,057
Noncontrolling interests in consolidated affiliates 43,802 388,588
TOTAL SHAREHOLDERS’ EQUITY 1,815,578 1,862,645
Partners' Capital [Abstract]    
Accumulated other comprehensive (loss) income (19,604) (73,885)
TOTAL LIABILITIES, NONCONTROLLING INTERESTS IN THE OPERATING PARTNERSHIP AND SHAREHOLDERS’ EQUITY 3,636,356 3,728,733
Excluding Timber Funds    
CURRENT ASSETS    
Total cash and cash equivalents 358,680 80,454
PROPERTY, PLANT AND EQUIPMENT    
Restricted cash, excluding Timber Funds 625 2,975
CURRENT LIABILITIES    
Less: Current maturities of long-term debt, excluding Timber Funds 124,965 0
Total long-term debt 1,242,819 1,300,336
Timber Funds    
CURRENT ASSETS    
Total cash and cash equivalents 3,493 4,053
Restricted cash, Timber Funds 6,341 0
CURRENT LIABILITIES    
Total long-term debt 0 60,179
Rayonier Limited Partnership    
CURRENT ASSETS    
Total cash and cash equivalents 362,173 84,507
Accounts receivable, less allowance for doubtful accounts of $59 and $25 30,018 49,082
Inventory 28,523 10,594
Prepaid logging roads 14,286 12,073
Prepaid expenses 4,242 4,095
Assets held for sale 5,099 3,449
Other current assets 749 6,765
Total current assets 451,431 170,565
TIMBER AND TIMBERLANDS, NET OF DEPLETION AND AMORTIZATION 2,894,996 3,262,126
HIGHER AND BETTER USE TIMBERLANDS AND REAL ESTATE DEVELOPMENT INVESTMENTS 106,878 108,518
PROPERTY, PLANT AND EQUIPMENT    
Land 6,401 6,548
Buildings 31,168 31,024
Machinery and equipment 6,494 4,615
Construction in progress 460 452
Total property, plant and equipment, gross 44,523 42,639
Less—accumulated depreciation (14,900) (12,238)
Total property, plant and equipment, net 29,623 30,401
RIGHT-OF-USE ASSETS 101,837 108,992
OTHER ASSETS 50,966 45,156
TOTAL ASSETS 3,636,356 3,728,733
CURRENT LIABILITIES    
Accounts payable 23,447 24,790
Accrued taxes 12,446 7,347
Accrued payroll and benefits 14,514 12,327
Accrued interest 6,343 6,325
Deferred revenue 17,802 11,112
Distributions payable, Timber Funds 6,341 0
Other current liabilities 25,863 29,234
Total current liabilities 231,721 91,135
PENSION AND OTHER POSTRETIREMENT BENEFITS 10,478 23,344
LONG-TERM LEASE LIABILITY 93,416 100,251
OTHER NON-CURRENT LIABILITIES 108,521 160,722
NONCONTROLLING INTERESTS IN THE OPERATING PARTNERSHIP/REDEEMABLE OPERATING PARTNERSHIP UNITS 4,428,900 and 0 Units outstanding, respectively 133,823 130,121
SHAREHOLDERS’ EQUITY    
Accumulated other comprehensive (loss) income (15,463) (71,345)
Partners' Capital [Abstract]    
General partners’ capital 17,872 15,454
Limited partners’ capital 1,769,367 1,529,948
Accumulated other comprehensive (loss) income (15,463) (71,345)
TOTAL CONTROLLING INTEREST CAPITAL 1,771,776 1,474,057
Noncontrolling interests in consolidated affiliates 43,802 388,588
TOTAL CAPITAL 1,815,578 1,862,645
TOTAL LIABILITIES, NONCONTROLLING INTERESTS IN THE OPERATING PARTNERSHIP AND SHAREHOLDERS’ EQUITY 3,636,356 3,728,733
Rayonier Limited Partnership | Excluding Timber Funds    
CURRENT ASSETS    
Total cash and cash equivalents 358,680 80,454
PROPERTY, PLANT AND EQUIPMENT    
Restricted cash, excluding Timber Funds 625 2,975
CURRENT LIABILITIES    
Less: Current maturities of long-term debt, excluding Timber Funds 124,965 0
Total long-term debt 1,242,819 1,300,336
Rayonier Limited Partnership | Timber Funds    
CURRENT ASSETS    
Total cash and cash equivalents 3,493 4,053
Restricted cash, Timber Funds 6,341 0
CURRENT LIABILITIES    
Total long-term debt $ 0 $ 60,179