CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
CURRENT ASSETS
Total cash and cash equivalents	$ 94,786	$ 68,735
Accounts receivable, less allowance for doubtful accounts of $25 and $24	36,811	27,127
Inventory (Note 21)	10,365	14,518
Prepaid expenses	18,133	14,728
Other current assets	1,135	867
Total current assets	161,230	125,975
TIMBER AND TIMBERLANDS, NET OF DEPLETION AND AMORTIZATION	3,332,067	2,482,047
HIGHER AND BETTER USE TIMBERLANDS AND REAL ESTATE DEVELOPMENT INVESTMENTS (NOTE 8)	113,920	81,791
PROPERTY, PLANT AND EQUIPMENT
Land	5,566	4,131
Buildings	29,153	23,095
Machinery and equipment	4,753	4,339
Construction in progress	382	348
Total property, plant and equipment, gross	39,854	31,913
Less — accumulated depreciation	(10,444)	(9,662)
Total property, plant and equipment, net	29,410	22,251
RESTRICTED CASH (NOTE 22)	475	1,233
RIGHT-OF-USE ASSETS (NOTE 4)	96,710	99,942
OTHER ASSETS	35,455	47,757
TOTAL ASSETS	3,769,267	2,860,996
CURRENT LIABILITIES
Accounts payable	21,836	18,160
Accrued taxes	6,444	3,032
Accrued payroll and benefits	6,628	8,869
Accrued interest	6,500	5,205
Deferred revenue	18,434	11,440
Other current liabilities	24,405	22,480
Total current liabilities	109,289	151,186
LONG-TERM DEBT, NET OF DEFERRED FINANCING COSTS	1,346,123
PENSION AND OTHER POSTRETIREMENT BENEFITS (NOTE 17)	23,767	25,311
LONG-TERM LEASE LIABILITY (NOTE 4)	87,774	90,481
OTHER NON-CURRENT LIABILITIES	178,136	83,247
COMMITMENTS AND CONTINGENCIES (NOTES 9 and 11)
NONCONTROLLING INTERESTS IN THE OPERATING PARTNERSHIP/REDEEMABLE OPERATING PARTNERSHIP UNITS (NOTE 5) 4,446,153 and 0 Common Units outstanding, respectively	110,220	0
SHAREHOLDERS’ EQUITY
Common stock	1,063,489	888,177
Retained earnings	531,681	583,006
Accumulated other comprehensive loss (Note 23)	(137,929)	(31,202)
TOTAL RAYONIER INC. SHAREHOLDERS’ EQUITY	1,457,241	1,439,981
Noncontrolling interests in consolidated affiliates (Note 5)	456,717	97,661
TOTAL SHAREHOLDERS’ EQUITY	1,913,958	1,537,642
CAPITAL
Accumulated other comprehensive loss (Note 23)	(137,929)	(31,202)
TOTAL LIABILITIES, NONCONTROLLING INTERESTS IN THE OPERATING PARTNERSHIP AND SHAREHOLDERS’ EQUITY	3,769,267	2,860,996
Excluding Timber Funds
CURRENT ASSETS
Total cash and cash equivalents	87,813	68,735
CURRENT LIABILITIES
Current maturities of long-term debt, excluding Timber Funds (Note 7)	0	82,000
LONG-TERM DEBT, NET OF DEFERRED FINANCING COSTS	1,310,506	973,129
Timber Funds
CURRENT ASSETS
Total cash and cash equivalents	6,973	0
CURRENT LIABILITIES
Current maturities of long-term debt, excluding Timber Funds (Note 7)	25,042	0
LONG-TERM DEBT, NET OF DEFERRED FINANCING COSTS	35,617	0
Rayonier Limited Partnership
CURRENT ASSETS
Total cash and cash equivalents	94,786	68,735
Accounts receivable, less allowance for doubtful accounts of $25 and $24	36,811	27,127
Inventory (Note 21)	10,365	14,518
Prepaid expenses	18,133	14,728
Other current assets	1,135	867
Total current assets	161,230	125,975
TIMBER AND TIMBERLANDS, NET OF DEPLETION AND AMORTIZATION	3,332,067	2,482,047
HIGHER AND BETTER USE TIMBERLANDS AND REAL ESTATE DEVELOPMENT INVESTMENTS (NOTE 8)	113,920	81,791
PROPERTY, PLANT AND EQUIPMENT
Land	5,566	4,131
Buildings	29,153	23,095
Machinery and equipment	4,753	4,339
Construction in progress	382	348
Total property, plant and equipment, gross	39,854	31,913
Less — accumulated depreciation	(10,444)	(9,662)
Total property, plant and equipment, net	29,410	22,251
RESTRICTED CASH (NOTE 22)	475	1,233
RIGHT-OF-USE ASSETS (NOTE 4)	96,710	99,942
OTHER ASSETS	35,455	47,757
TOTAL ASSETS	3,769,267	2,860,996
CURRENT LIABILITIES
Accounts payable	21,836	18,160
Accrued taxes	6,444	3,032
Accrued payroll and benefits	6,628	8,869
Accrued interest	6,500	5,205
Deferred revenue	18,434	11,440
Other current liabilities	24,405	22,480
Total current liabilities	109,289	151,186
PENSION AND OTHER POSTRETIREMENT BENEFITS (NOTE 17)	23,767	25,311
LONG-TERM LEASE LIABILITY (NOTE 4)	87,774	90,481
OTHER NON-CURRENT LIABILITIES	178,136	83,247
NONCONTROLLING INTERESTS IN THE OPERATING PARTNERSHIP/REDEEMABLE OPERATING PARTNERSHIP UNITS (NOTE 5) 4,446,153 and 0 Common Units outstanding, respectively	110,220	0
SHAREHOLDERS’ EQUITY
Accumulated other comprehensive loss (Note 23)	(137,472)	(31,202)
CAPITAL
General partners’ capital	15,947	14,712
Limited partners’ capital	1,578,766	1,456,471
Accumulated other comprehensive loss (Note 23)	(137,472)	(31,202)
TOTAL RAYONIER INC. SHAREHOLDERS’ EQUITY	1,457,241	1,439,981
Noncontrolling interests in consolidated affiliates (Note 5)	456,717	97,661
TOTAL CAPITAL	1,913,958	1,537,642
TOTAL LIABILITIES, NONCONTROLLING INTERESTS IN THE OPERATING PARTNERSHIP AND SHAREHOLDERS’ EQUITY	3,769,267	2,860,996
Rayonier Limited Partnership | Excluding Timber Funds
CURRENT ASSETS
Total cash and cash equivalents	87,813	68,735
CURRENT LIABILITIES
Current maturities of long-term debt, excluding Timber Funds (Note 7)	0	82,000
LONG-TERM DEBT, NET OF DEFERRED FINANCING COSTS	1,310,506	973,129
Rayonier Limited Partnership | Timber Funds
CURRENT ASSETS
Total cash and cash equivalents	6,973	0
CURRENT LIABILITIES
Current maturities of long-term debt, excluding Timber Funds (Note 7)	25,042	0
LONG-TERM DEBT, NET OF DEFERRED FINANCING COSTS	$ 35,617	$ 0