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EARNINGS PER SHARE AND PER UNIT
 6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
EARNINGS PER SHARE AND PER UNIT EARNINGS PER SHARE AND PER UNIT
The following table provides details of the calculations of basic and diluted earnings per common share of the Company:
Three Months Ended June 30,Six Months Ended June 30,
 2023202220232022
Earnings per common share - basic
Numerator:
Net Income$19,096 $25,287 $26,534 $56,286 
Less: Net income attributable to noncontrolling interests in the operating partnership(318)(546)(492)(1,214)
Less: Net loss (income) attributable to noncontrolling interests in consolidated affiliates245 (637)1,281 (1,650)
Net income attributable to Rayonier Inc.$19,023 $24,104 $27,323 $53,422 
Denominator:
Denominator for basic earnings per common share - weighted average shares148,218,436 146,257,311 147,800,265 145,846,026 
Basic earnings per common share attributable to Rayonier Inc.:$0.13 $0.16 $0.18 $0.37 
Earnings per common share - diluted
Numerator:
Net Income$19,096 $25,287 $26,534 $56,286 
Less: Net loss (income) attributable to noncontrolling interests in consolidated affiliates245 (637)1,281 (1,650)
Net income attributable to Rayonier Inc., before net income attributable to noncontrolling interests in the operating partnership$19,341 $24,650 $27,815 $54,636 
Denominator:
Denominator for basic earnings per common share - weighted average shares148,218,436 146,257,311 147,800,265 145,846,026 
Add: Dilutive effect of:
Stock options— 8,100 943 7,664 
Performance shares, restricted shares and restricted stock units269,994 666,653 441,204 730,773 
Noncontrolling interests in operating partnership units2,476,761 3,312,315 2,785,928 3,313,543 
Denominator for diluted earnings per common share - adjusted weighted average shares150,965,191 150,244,379 151,028,340 149,898,006 
Diluted earnings per common share attributable to Rayonier Inc.:$0.13 $0.16 $0.18 $0.36 
Three Months Ended June 30,Six Months Ended June 30,
2023202220232022
Anti-dilutive shares excluded from the computations of diluted earnings per common share:
Stock options, performance shares, restricted shares and restricted stock units241,316 109,515 152,992 54,884 
Total241,316 109,515 152,992 54,884 
The following table provides details of the calculations of basic and diluted earnings per unit of the Operating Partnership:
Three Months Ended June 30,Six Months Ended June 30,
 2023202220232022
Earnings per unit - basic
Numerator:
Net Income$19,096 $25,287 $26,534 $56,286 
Less: Net loss (income) attributable to noncontrolling interests in consolidated affiliates245 (637)1,281 (1,650)
Net income available to unitholders$19,341 $24,650 $27,815 $54,636 
Denominator:
Denominator for basic earnings per unit - weighted average units150,695,197 149,569,626 150,586,193 149,159,569 
Basic earnings per unit attributable to Rayonier, L.P.:$0.13 $0.16 $0.18 $0.37 
Earnings per unit - diluted
Numerator:
Net Income$19,096 $25,287 $26,534 $56,286 
Less: Net loss (income) attributable to noncontrolling interests in consolidated affiliates245 (637)1,281 (1,650)
Net income available to unitholders$19,341 $24,650 $27,815 $54,636 
Denominator:
Denominator for basic earnings per unit - weighted average units150,695,197 149,569,626 150,586,193 149,159,569 
Add: Dilutive effect of unit equivalents:
Stock options— 8,100 943 7,664 
Performance shares, restricted shares and restricted stock units269,994 666,653 441,204 730,773 
Denominator for diluted earnings per unit - adjusted weighted average units150,965,191 150,244,379 151,028,340 149,898,006 
Diluted earnings per unit attributable to Rayonier, L.P.:$0.13 $0.16 $0.18 $0.36 
Three Months Ended June 30,Six Months Ended June 30,
2023202220232022
Anti-dilutive unit equivalents excluded from the computations of diluted earnings per unit:
Stock options, performance shares, restricted shares and restricted stock units241,316 109,515 152,992 54,884 
Total241,316 109,515 152,992 54,884