RAYONIER, L.P. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
SALES	$ 195,287	$ 364,726	$ 663,674	$ 847,604
Costs and Expenses
Cost of sales	(152,079)	(233,308)	(507,381)	(578,937)
Selling and general expenses	(16,886)	(13,174)	(49,002)	(41,899)
Other operating income, net (Note 15)	14,581	5,070	14,398	9,474
Costs and expenses	(154,384)	(241,412)	(541,985)	(611,362)
Total Operating Income	40,903	123,314	121,689	236,242
Interest expense	(9,056)	(11,265)	(26,476)	(34,292)
Interest and other miscellaneous income, net	1,252	1,274	990	127
INCOME BEFORE INCOME TAXES	33,099	113,323	96,203	202,077
Income tax expense (Note 17)	(1,238)	(2,811)	(8,056)	(13,114)
NET INCOME	31,861	110,512	88,147	188,963
Less: Net income attributable to noncontrolling interests in consolidated affiliates	(10,828)	(32,471)	(12,478)	(40,775)
NET INCOME ATTRIBUTABLE TO RAYONIER INC./RAYONIER, L.P. UNITHOLDERS	20,578	75,831	73,999	143,885
OTHER COMPREHENSIVE (LOSS) INCOME
Foreign currency translation adjustment, net of income tax effect of $0, $0, $0 and $0	(25,392)	(6,622)	(55,220)	(19,670)
Cash flow hedges, net of income tax effect of $2,488, $833, $5,677 and $2,207	20,147	1,711	66,329	52,693
Amortization of pension and postretirement plans, net of income tax expense of $0, $0, $0 and $0	188	294	564	881
Total other comprehensive (loss) income	(5,057)	(4,617)	11,673	33,904
COMPREHENSIVE INCOME	26,804	105,895	99,820	222,867
Less: Comprehensive income attributable to noncontrolling interests in the operating partnership	(490)	(2,118)	(2,147)	(5,490)
Less: Comprehensive income attributable to noncontrolling interests in consolidated affiliates	(8,029)	(31,099)	(6,670)	(36,168)
Comprehensive INCOME ATTRIBUTABLE TO RAYONIER INC / L.P. UNITHOLDERS	18,285	72,678	91,003	181,209
Rayonier Limited Partnership
SALES	195,287	364,726	663,674	847,604
Costs and Expenses
Cost of sales	(152,079)	(233,308)	(507,381)	(578,937)
Selling and general expenses	(16,886)	(13,174)	(49,002)	(41,899)
Other operating income, net (Note 15)	14,581	5,070	14,398	9,474
Costs and expenses	(154,384)	(241,412)	(541,985)	(611,362)
Total Operating Income	40,903	123,314	121,689	236,242
Interest expense	(9,056)	(11,265)	(26,476)	(34,292)
Interest and other miscellaneous income, net	1,252	1,274	990	127
INCOME BEFORE INCOME TAXES	33,099	113,323	96,203	202,077
Income tax expense (Note 17)	(1,238)	(2,811)	(8,056)	(13,114)
NET INCOME	31,861	110,512	88,147	188,963
Less: Net income attributable to noncontrolling interests in consolidated affiliates	(10,828)	(32,471)	(12,478)	(40,775)
NET INCOME ATTRIBUTABLE TO RAYONIER INC./RAYONIER, L.P. UNITHOLDERS	21,033	78,041	75,669	148,188
OTHER COMPREHENSIVE (LOSS) INCOME
Foreign currency translation adjustment, net of income tax effect of $0, $0, $0 and $0	(25,392)	(6,622)	(55,220)	(19,670)
Cash flow hedges, net of income tax effect of $2,488, $833, $5,677 and $2,207	20,147	1,711	66,329	52,693
Amortization of pension and postretirement plans, net of income tax expense of $0, $0, $0 and $0	188	294	564	881
Total other comprehensive (loss) income	(5,057)	(4,617)	11,673	33,904
COMPREHENSIVE INCOME	26,804	105,895	99,820	222,867
Less: Comprehensive income attributable to noncontrolling interests in consolidated affiliates	(8,029)	(31,099)	(6,670)	(36,168)
Comprehensive INCOME ATTRIBUTABLE TO RAYONIER INC / L.P. UNITHOLDERS	$ 18,775	$ 74,796	$ 93,150	$ 186,699
EARNINGS PER UNIT
Basic earnings per unit attributable to Rayonier, L.P. (in dollars per unit)	$ 0.14	$ 0.53	$ 0.51	$ 1.03
Diluted earnings per unit attributable to Rayonier, L.P. (in dollars per unit)	$ 0.14	$ 0.53	$ 0.50	$ 1.03