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QUARTERLY RESULTS FOR 2019 and 2018 (UNAUDITED) (Tables)
 12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
 
Quarter Ended
 
Total Year
(thousands of dollars, except per share amounts)
Mar. 31
 
June 30
 
Sept. 30
 
Dec. 31
 
2019
 
 
 
 
 
 
 
 
 
Sales

$191,546

 

$184,800

 

$156,417

 

$178,793

 

$711,556

Cost of sales
(143,251
)
 
(140,454
)
 
(134,463
)
 
(140,182
)
 
(558,350
)
Net Income
27,793

 
20,920

 
1,528

 
17,437

 
67,678

Net Income attributable to Rayonier Inc.
24,794


18,752

 
(433
)
 
15,992

 
59,105

Basic EPS attributable to Rayonier Inc.

$0.19

 

$0.14

 
—

 

$0.12

 

$0.46

Diluted EPS attributable to Rayonier Inc.

$0.19

 

$0.14

 
—

 

$0.12

 

$0.46

 
 
 
 
 
 
 
 
 
 
2018
 
 
 
 
 
 
 
 
 
Sales

$203,196

 

$245,906

 

$200,890

 

$166,146

 

$816,138

Cost of sales
(138,488
)
 
(184,418
)
 
(143,261
)
 
(139,092
)
 
(605,259
)
Net Income
42,706

 
39,338

 
30,639

 
4,647

 
117,330

Net Income attributable to Rayonier Inc.
40,539

 
36,258

 
23,432

 
1,987

 
102,216

Basic EPS attributable to Rayonier Inc.

$0.31

 

$0.28

 

$0.18

 

$0.02

 

$0.79

Diluted EPS attributable to Rayonier Inc.

$0.31

 

$0.28

 

$0.18

 

$0.02

 

$0.79