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RAYONIER, L.P. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CHANGES IN CAPITAL (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Mar. 31, 2023
Jun. 30, 2022
Mar. 31, 2022
Jun. 30, 2023
Jun. 30, 2022
Increase (Decrease) in Partners' Capital [Roll Forward]            
Net (loss) income $ 19,096   $ 25,287   $ 26,534 $ 56,286
Costs associated with the “at-the-market” (ATM) equity offering program (71)          
Amortization of pension and postretirement plan liabilities 2 $ 1 188 $ 188 3 376
Foreign currency translation adjustment (9,203) (3,733) (36,285) 6,458 (12,937) (29,827)
Cash flow hedges 11,942 (12,319) 5,755 40,427    
Distributions to noncontrolling interests in consolidated affiliates       (1,566)    
Noncontrolling interests in consolidated affiliates redemption of shares     (27,860)      
Rayonier Limited Partnership            
Increase (Decrease) in Partners' Capital [Roll Forward]            
Beginning balance 1,854,815 1,880,712 1,881,639 1,815,578 1,880,712 1,815,578
Net (loss) income 19,096 7,437 25,287 30,998 26,534 56,286
Distributions (42,984) (43,033) (43,042) (40,796)    
Costs associated with the “at-the-market” (ATM) equity offering program (71)   (63)      
Issuance of units under the “at-the-market” equity offering, net of commissions and offering costs   (10)   29,771    
Issuance of units under incentive stock plans     1,983 415    
Stock-based compensation 4,336 2,499 4,412 2,797    
Repurchase of units (4,147) (41) (3,991) (214)    
Adjustment of Redeemable Operating Partnership Units 4,625 (579) 12,385 (2,521)    
Conversion of units into common shares 304 23,881 42 104    
Amortization of pension and postretirement plan liabilities 2 1 188 188 3 376
Foreign currency translation adjustment (9,203) (3,733) (36,285) 6,458 (12,937) (29,827)
Cash flow hedges 11,942 (12,319) 5,755 40,427    
Distributions to noncontrolling interests in consolidated affiliates       (1,566)    
Noncontrolling interests in consolidated affiliates redemption of shares     (27,860)      
Ending balance 1,838,715 1,854,815 1,820,450 1,881,639 1,838,715 1,820,450
Rayonier Limited Partnership | Units | General Partners’ Capital            
Increase (Decrease) in Partners' Capital [Roll Forward]            
Beginning balance 18,163 18,251 18,068 17,872 18,251 17,872
Net (loss) income 193 85 246 300    
Distributions (429) (431) (430) (408)    
Costs associated with the “at-the-market” (ATM) equity offering program (1)   (1)      
Issuance of units under the “at-the-market” equity offering, net of commissions and offering costs       298    
Issuance of units under incentive stock plans     20 4    
Stock-based compensation 43 25 44 28    
Repurchase of units (41)   (40) (2)    
Adjustment of Redeemable Operating Partnership Units 46 (6) 124 (25)    
Conversion of units into common shares 3 239 0 1    
Ending balance 17,977 18,163 18,031 18,068 17,977 18,031
Rayonier Limited Partnership | Units | Limited Partners’ Capital            
Increase (Decrease) in Partners' Capital [Roll Forward]            
Beginning balance 1,798,174 1,806,895 1,788,713 1,769,367 1,806,895 1,769,367
Net (loss) income 19,148 8,389 24,404 29,686    
Distributions (42,555) (42,602) (42,612) (40,388)    
Costs associated with the “at-the-market” (ATM) equity offering program (70)   (62)      
Issuance of units under the “at-the-market” equity offering, net of commissions and offering costs   (10)   29,473    
Issuance of units under incentive stock plans     1,963 411    
Stock-based compensation 4,293 2,474 4,368 2,769    
Repurchase of units (4,106) (41) (3,951) (212)    
Adjustment of Redeemable Operating Partnership Units 4,579 (573) 12,261 (2,496)    
Conversion of units into common shares 301 23,642 42 103    
Ending balance 1,779,764 1,798,174 1,785,126 1,788,713 1,779,764 1,785,126
Rayonier Limited Partnership | Accumulated Other Comprehensive Income            
Increase (Decrease) in Partners' Capital [Roll Forward]            
Beginning balance 24,194 40,249 30,215 (15,463) 40,249 (15,463)
Amortization of pension and postretirement plan liabilities 2 1 188 188    
Foreign currency translation adjustment (8,790) (3,552) (34,373) 5,668    
Cash flow hedges 12,273 (12,504) 8,247 39,822    
Ending balance 27,679 24,194 4,277 30,215 27,679 4,277
Rayonier Limited Partnership | Noncontrolling Interests in Consolidated Affiliates            
Increase (Decrease) in Partners' Capital [Roll Forward]            
Beginning balance 14,284 15,317 44,643 43,802 15,317 43,802
Net (loss) income (245) (1,037) 637 1,012    
Foreign currency translation adjustment (413) (181) (1,912) 790    
Cash flow hedges (331) 185 (2,492) 605    
Distributions to noncontrolling interests in consolidated affiliates       (1,566)    
Noncontrolling interests in consolidated affiliates redemption of shares     (27,860)      
Ending balance $ 13,295 $ 14,284 $ 13,016 $ 44,643 $ 13,295 $ 13,016