XML 169 R91.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
INCOME TAXES - Schedule of Effective Income Tax Rate Reconciliation (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Effective Income Tax Rate Reconciliation, Amount [Abstract]      
U.S. federal statutory income tax rate $ (16,930) $ (29,939) $ (64,141)
U.S. and foreign REIT income 19,902 32,949 63,813
Matariki Group and Rayonier New Zealand Ltd (11,181) (23,166) (19,182)
Transition tax 0 0 (3,506)
Change in valuation allowance (482) (3,950) (13,028)
ASU No. 2016-16 adoption impact 0 0 16,631
Deemed repatriation of unremitted foreign earnings 0 0 7,368
Reduction of deferred tax asset for statutory rate change 0 0 (10,499)
Internal transfer of assets deferred (1,815) 0 0
Foreign income tax withholding (1,535) (1,848) 0
Other (899) 718 863
Income tax expense as reported for net income $ (12,940) $ (25,236) $ (21,681)
Effective Income Tax Rate Reconciliation, Percent [Abstract]      
U.S. federal statutory income tax rate (21.00%) (21.00%) (35.00%)
U.S. and foreign REIT income 24.70% 23.10% 34.80%
Matariki Group and Rayonier New Zealand Ltd (13.90%) (16.20%) (10.50%)
Transition tax 0 0 (0.019)
Change in valuation allowance (0.60%) (2.80%) (7.10%)
ASU No. 2016-16 adoption impact 0.00% 0.00% 9.10%
Deemed repatriation of unremitted foreign earnings 0.00% 0.00% 4.00%
Reduction of deferred tax asset for statutory rate change 0.00% 0.00% (5.70%)
Internal transfer of assets deferred (2.30%) 0.00% 0.00%
Foreign income tax withholding (1.90%) (1.30%) 0.00%
Other (1.10%) 0.50% 0.50%
Income tax expense as reported for net income (16.10%) (17.70%) (11.80%)