XML 120 R99.htm IDEA: XBRL DOCUMENT v3.22.0.1
EARNINGS PER SHARE AND PER UNIT - Schedule of Earnings Per Share, Basic and Diluted (Details) - USD ($)
$ / shares in Units, $ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Numerator:      
Net income (loss) $ 210,487 $ 29,784 $ 67,678
Less: Net income attributable to noncontrolling interests in the operating partnership (4,516) (528) 0
Less: Net (income) loss attributable to noncontrolling interests in consolidated affiliates (53,421) 7,828 (8,573)
NET INCOME ATTRIBUTABLE TO RAYONIER INC. $ 152,550 $ 37,084 $ 59,105
Denominator:      
Denominator for basic earnings per common share - weighted average shares (in shares) 140,812,882 133,865,867 129,257,202
Basic earnings per common share attributable to Rayonier Inc (in dollars per share) $ 1.08 $ 0.28 $ 0.46
Numerator:      
Net income (loss) $ 210,487 $ 29,784 $ 67,678
Less: Net (income) loss attributable to noncontrolling interests in consolidated affiliates (53,421) 7,828 (8,573)
Net income attributable to Rayonier Inc., before net income attributable to noncontrolling interests in the operating partnership $ 157,066 $ 37,612 $ 59,105
Denominator:      
Denominator for basic earnings per common share - weighted average shares (in shares) 140,812,882 133,865,867 129,257,202
Add: Dilutive effect of:      
Stock options (in shares) 8,727 633 12,209
Performance shares, restricted shares and restricted stock units (in shares/units) 416,527 198,955 328,977
Noncontrolling interests in Operating Partnership units (in shares) 4,062,725 2,877,447 0
Denominator for diluted earnings per unit - adjusted weighted average units (in shares) 145,300,861 136,942,902 129,598,388
Diluted earnings per common share attributable to Rayonier Inc (in dollars per share) $ 1.08 $ 0.27 $ 0.46
Rayonier Limited Partnership      
Numerator:      
Net income (loss) $ 210,487 $ 29,784 $ 67,678
Less: Net (income) loss attributable to noncontrolling interests in consolidated affiliates (53,421) 7,828 (8,573)
NET INCOME ATTRIBUTABLE TO RAYONIER INC. $ 157,066 $ 37,612 $ 59,105
Denominator:      
Denominator for basic earnings per unit - weighted average units (in units) 144,875,607 136,743,314 129,257,202
Basic earnings per unit attributable to Rayonier, L.P. (in dollars per unit) $ 1.08 $ 0.28 $ 0.46
Numerator:      
Net income (loss) $ 210,487 $ 29,784 $ 67,678
Less: Net (income) loss attributable to noncontrolling interests in consolidated affiliates $ (53,421) $ 7,828 $ (8,573)
Denominator:      
Denominator for basic earnings per unit - weighted average units (in units) 144,875,607 136,743,314 129,257,202
Add: Dilutive effect of:      
Stock options (in shares) 8,727 633 12,209
Performance shares, restricted shares and restricted stock units (in shares/units) 416,527 198,955 328,977
Denominator for diluted earnings per unit - adjusted weighted average units (in shares) 145,300,861 136,942,902 129,598,388
Diluted earnings per unit attributable to Rayonier, L.P. (in dollars per unit) $ 1.08 $ 0.27 $ 0.46