Shareholders' Equity (Tables)

6 Months Ended

Jun. 30, 2013

Stockholders' Equity Note [Abstract]

Schedule of Stockholders Equity [Table Text Block]

An analysis of shareholders’ equity for the six months ended June 30, 2013 and the year ended December 31, 2012 is shown below (share amounts not in thousands):

	Rayonier Inc. Shareholders
	Common Shares					Retained Earnings			Accumulated Other Comprehensive Income/(Loss)			Non-controlling Interest			Total Shareholders’ Equity
	Shares		Amount
Balance, December 31, 2011	122,035,177		$	630,286		$	806,235		$	(113,448	)	$	—		$	1,323,073
Net income	—		—			278,685			—			—			278,685
Dividends ($1.68 per share)	—		—			(208,286		)	—			—			(208,286		)
Issuance of shares under incentive stock plans	1,467,024		25,495			—			—			—			25,495
Stock-based compensation	—		15,116			—			—			—			15,116
Excess tax benefit on stock-based compensation	—		7,635			—			—			—			7,635
Repurchase of common shares	(169,757	)	(7,783		)	—			—			—			(7,783		)
Net loss from pension and postretirement plans	—		—			—			(496		)	—			(496		)
Foreign currency translation adjustment	—		—			—			4,352			—			4,352
Joint venture cash flow hedges	—		—			—			213			—			213
Balance, December 31, 2012	123,332,444		$	670,749		$	876,634		$	(109,379	)	$	—		$	1,438,004
Acquisition of noncontrolling interest	—		—			—			—			96,086			96,086
Net income	—		—			234,899			—			727			235,626
Dividends ($0.88 per share)	—		—			(110,886		)	—			—			(110,886		)
Issuance of shares under incentive stock plans	861,838		6,643			—			—			—			6,643
Stock-based compensation	—		6,253			—			—			—			6,253
Excess tax benefit on stock-based compensation	—		7,399			—			—			—			7,399
Repurchase of common shares	(209,743	)	(11,241		)	—			—			—			(11,241		)
Settlement of warrants (Note 16)	2,135,221		—			—			—			—			—
Amortization of pension and postretirement plans	—		—			—			8,687			—			8,687
Foreign currency translation adjustment	—		—			—			(17,650		)	(9,576		)	(27,226		)
Joint venture cash flow hedges	—		—			—			1,431			(656		)	775
Balance, June 30, 2013	126,119,760		$	679,803		$	1,000,647		$	(116,911	)	$	86,581		$	1,650,120