INVENTORY

3 Months Ended

Mar. 31, 2016

Inventory Disclosure [Abstract]

Inventory

INVENTORY

As of March 31, 2016 and December 31, 2015, Rayonier’s inventory was solely comprised of finished goods, as follows:

	March 31, 2016		December 31, 2015
Finished goods inventory
Real estate inventory (a)		$11,678		$12,252
Log inventory	5,765		3,099
Total inventory		$17,443		$15,351

(a) Represents cost of HBU real estate (including capitalized development investments) expected to be sold within 12 months.