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EARNINGS PER COMMON SHARE (Tables)
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table provides details of the calculation of basic and diluted EPS for the three years ended December 31:
 
2019
 
2018
 
2017
Net Income

$67,678

 

$117,330

 

$161,579

Less: Net income attributable to noncontrolling interest
(8,573
)
 
(15,114
)
 
(12,737
)
Net income attributable to Rayonier Inc.

$59,105

 

$102,216

 

$148,842

 
 
 
 
 
 
Shares used for determining basic earnings per common share
129,257,202

 
129,043,627

 
127,367,608

Dilutive effect of:
 
 
 
 
 
Stock options
12,209

 
71,276

 
91,956

Performance shares, restricted shares and restricted stock units
328,977

 
575,328

 
350,385

Shares used for determining diluted earnings per common share
129,598,388

 
129,690,231

 
127,809,949

 
 
 
 
 
 
Basic earnings per common share attributable to Rayonier Inc.:

$0.46

 

$0.79

 

$1.17

Diluted earnings per common share attributable to Rayonier Inc.:

$0.46

 

$0.79

 

$1.16


Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
 
2019
 
2018
 
2017
Anti-dilutive shares excluded from computations of diluted earnings per share:
 
 
 
 
 
Stock options, performance shares, restricted shares and restricted stock units
450,681

 
254,282

 
596,061