CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
CURRENT ASSETS
Total cash and cash equivalents	$ 259,722	$ 362,173
Accounts receivable, less allowance for doubtful accounts of $66 and $59	52,906	30,018
Inventory	33,290	28,523
Prepaid expenses	20,088	18,528
Assets held for sale	2,466	5,099
Other current assets	1,162	749
Total current assets	375,098	451,431
TIMBER AND TIMBERLANDS, NET OF DEPLETION AND AMORTIZATION	2,869,194	2,894,996
HIGHER AND BETTER USE TIMBERLANDS AND REAL ESTATE DEVELOPMENT INVESTMENTS	111,445	106,878
PROPERTY, PLANT AND EQUIPMENT
Land	6,400	6,401
Buildings	31,198	31,168
Machinery and equipment	6,497	6,494
Construction in progress	510	460
Total property, plant and equipment, gross	44,605	44,523
Less — accumulated depreciation	(15,699)	(14,900)
Total property, plant and equipment, net	28,906	29,623
RIGHT-OF-USE ASSETS	104,183	101,837
OTHER ASSETS	70,413	50,966
TOTAL ASSETS	3,559,864	3,636,356
CURRENT LIABILITIES
Accounts payable	31,131	23,447
Current maturities of long-term debt, net, excluding Timber Funds	2,087	124,965
Accrued taxes	2,754	12,446
Accrued payroll and benefits	6,068	14,514
Accrued interest	6,677	6,343
Deferred revenue	13,699	17,802
Distribution payable, Timber Funds	5,464	6,341
Other current liabilities	24,782	25,863
Total current liabilities	92,662	231,721
LONG-TERM DEBT, NET OF DEFERRED FINANCING COSTS	1,243,673	1,242,819
PENSION AND OTHER POSTRETIREMENT BENEFITS	10,201	10,478
LONG-TERM LEASE LIABILITY	95,543	93,416
OTHER NON-CURRENT LIABILITIES	99,907	108,521
COMMITMENTS AND CONTINGENCIES
NONCONTROLLING INTERESTS IN THE OPERATING PARTNERSHIP/REDEEMABLE OPERATING PARTNERSHIP UNITS 3,939,309 and 3,315,741 Units outstanding, respectively	136,239	133,823
SHAREHOLDERS’ EQUITY
Common Shares, 480,000,000 shares authorized,146,107,688 and 145,372,961 shares issued and outstanding	1,421,946	1,389,073
Retained earnings	389,077	402,307
Accumulated other comprehensive loss	25,973	(19,604)
TOTAL RAYONIER INC. SHAREHOLDERS’ EQUITY	1,836,996	1,771,776
Noncontrolling interests in consolidated affiliates	44,643	43,802
TOTAL SHAREHOLDERS’ EQUITY	1,881,639	1,815,578
CAPITAL
Accumulated other comprehensive loss	25,973	(19,604)
TOTAL LIABILITIES, NONCONTROLLING INTERESTS IN THE OPERATING PARTNERSHIP AND SHAREHOLDERS’ EQUITY	3,559,864	3,636,356
Excluding Timber Funds
CURRENT ASSETS
Total cash and cash equivalents	256,537	358,680
PROPERTY, PLANT AND EQUIPMENT
Restricted cash, excluding Timber Funds (Held in escrow)	625	625
Timber Funds
CURRENT ASSETS
Total cash and cash equivalents	3,185	3,493
Restricted cash, Timber Funds	5,464	6,341
Rayonier Limited Partnership
CURRENT ASSETS
Total cash and cash equivalents	259,722	362,173
Accounts receivable, less allowance for doubtful accounts of $66 and $59	52,906	30,018
Inventory	33,290	28,523
Prepaid expenses	20,088	18,528
Assets held for sale	2,466	5,099
Other current assets	1,162	749
Total current assets	375,098	451,431
TIMBER AND TIMBERLANDS, NET OF DEPLETION AND AMORTIZATION	2,869,194	2,894,996
HIGHER AND BETTER USE TIMBERLANDS AND REAL ESTATE DEVELOPMENT INVESTMENTS	111,445	106,878
PROPERTY, PLANT AND EQUIPMENT
Land	6,400	6,401
Buildings	31,198	31,168
Machinery and equipment	6,497	6,494
Construction in progress	510	460
Total property, plant and equipment, gross	44,605	44,523
Less — accumulated depreciation	(15,699)	(14,900)
Total property, plant and equipment, net	28,906	29,623
RIGHT-OF-USE ASSETS	104,183	101,837
OTHER ASSETS	70,413	50,966
TOTAL ASSETS	3,559,864	3,636,356
CURRENT LIABILITIES
Accounts payable	31,131	23,447
Accrued taxes	2,754	12,446
Accrued payroll and benefits	6,068	14,514
Accrued interest	6,677	6,343
Deferred revenue	13,699	17,802
Distribution payable, Timber Funds	5,464	6,341
Other current liabilities	24,782	25,863
Total current liabilities	92,662	231,721
PENSION AND OTHER POSTRETIREMENT BENEFITS	10,201	10,478
LONG-TERM LEASE LIABILITY	95,543	93,416
OTHER NON-CURRENT LIABILITIES	99,907	108,521
NONCONTROLLING INTERESTS IN THE OPERATING PARTNERSHIP/REDEEMABLE OPERATING PARTNERSHIP UNITS 3,939,309 and 3,315,741 Units outstanding, respectively	136,239	133,823
SHAREHOLDERS’ EQUITY
Accumulated other comprehensive loss	30,215	(15,463)
CAPITAL
General partners’ capital	18,068	17,872
Limited partners’ capital	1,788,713	1,769,367
Accumulated other comprehensive loss	30,215	(15,463)
TOTAL CONTROLLING INTEREST CAPITAL	1,836,996	1,771,776
Noncontrolling interests in consolidated affiliates	44,643	43,802
TOTAL CAPITAL	1,881,639	1,815,578
TOTAL LIABILITIES, NONCONTROLLING INTERESTS IN THE OPERATING PARTNERSHIP AND SHAREHOLDERS’ EQUITY	3,559,864	3,636,356
Rayonier Limited Partnership | Excluding Timber Funds
CURRENT ASSETS
Total cash and cash equivalents	256,537	358,680
PROPERTY, PLANT AND EQUIPMENT
Restricted cash, excluding Timber Funds (Held in escrow)	625	625
CURRENT LIABILITIES
Current maturities of long-term debt, net, excluding Timber Funds	2,087	124,965
LONG-TERM DEBT, NET OF DEFERRED FINANCING COSTS	1,243,673	1,242,819
Rayonier Limited Partnership | Timber Funds
CURRENT ASSETS
Total cash and cash equivalents	3,185	3,493
Restricted cash, Timber Funds	$ 5,464	$ 6,341