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RAYONIER, L.P. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CHANGES IN CAPITAL (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Sep. 30, 2023
Sep. 30, 2022
Increase (Decrease) in Partners' Capital [Roll Forward]                
Net (loss) income $ 22,740     $ 31,861     $ 49,274 $ 88,147
Costs associated with the “at-the-market” (ATM) equity offering program   $ (71)   (38) $ (63)      
Amortization of pension and postretirement plan liabilities 2 2 $ 1 188 188 $ 188 4 564
Foreign currency translation adjustment (4,413) (9,203) (3,733) (25,392) (36,285) 6,458 (17,350) (55,220)
Cash flow hedges 7,379 11,942 (12,319) 20,147 5,755 40,427    
Distributions to noncontrolling interests in consolidated affiliates       (9,789)   (1,566)    
Noncontrolling interests in consolidated affiliates redemption of shares         (27,860)      
Rayonier Limited Partnership                
Increase (Decrease) in Partners' Capital [Roll Forward]                
Beginning balance 1,838,715 1,854,815 1,880,712 1,820,450 1,881,639 1,815,578 1,880,712 1,815,578
Net (loss) income 22,740 19,096 7,437 31,861 25,287 30,998 49,274 88,147
Distributions (43,159) (42,984) (43,033) (42,967) (43,042) (40,796)    
Issuance of units under the “at-the-market” equity offering, net of commissions and offering costs     (10)     29,771    
Issuance of units under incentive stock plans       19 1,983 415    
Costs associated with the “at-the-market” (ATM) equity offering program   (71)   (38) (63)      
Stock-based compensation 3,365 4,336 2,499 2,636 4,412 2,797    
Repurchase of units (29) (4,147) (41) (20) (3,991) (214)    
Adjustment of Redeemable Operating Partnership Units 7,233 4,625 (579) 23,872 12,385 (2,521)    
Conversion of units into common shares 479 304 23,881 3,696 42 104    
Amortization of pension and postretirement plan liabilities 2 2 1 188 188 188 4 564
Foreign currency translation adjustment (4,413) (9,203) (3,733) (25,392) (36,285) 6,458 (17,350) (55,220)
Cash flow hedges 7,379 11,942 (12,319) 20,147 5,755 40,427    
Distributions to noncontrolling interests in consolidated affiliates       (9,789)   (1,566)    
Noncontrolling interests in consolidated affiliates redemption of shares         (27,860)      
Ending balance $ 1,832,312 $ 1,838,715 $ 1,854,815 $ 1,824,663 $ 1,820,450 $ 1,881,639 1,832,312 1,824,663
Distributions declared (in dollars per unit) $ 0.285 $ 0.285 $ 0.285 $ 0.285 $ 0.285 $ 0.27    
Rayonier Limited Partnership | Units | General Partners’ Capital                
Increase (Decrease) in Partners' Capital [Roll Forward]                
Beginning balance $ 17,977 $ 18,163 $ 18,251 $ 18,031 $ 18,068 $ 17,872 18,251 17,872
Net (loss) income 196 193 85 210 246 300    
Distributions (432) (429) (431) (430) (430) (408)    
Issuance of units under the “at-the-market” equity offering, net of commissions and offering costs           298    
Issuance of units under incentive stock plans         20 4    
Costs associated with the “at-the-market” (ATM) equity offering program   (1)   (1) (1)      
Stock-based compensation 34 43 25 27 44 28    
Repurchase of units   (41)     (40) (2)    
Adjustment of Redeemable Operating Partnership Units 72 46 (6) 239 124 (25)    
Conversion of units into common shares 5 3 239 37   1    
Ending balance 17,852 17,977 18,163 18,113 18,031 18,068 17,852 18,113
Rayonier Limited Partnership | Units | Limited Partners’ Capital                
Increase (Decrease) in Partners' Capital [Roll Forward]                
Beginning balance 1,779,764 1,798,174 1,806,895 1,785,126 1,788,713 1,769,367 1,806,895 1,769,367
Net (loss) income 19,361 19,148 8,389 20,823 24,404 29,686    
Distributions (42,727) (42,555) (42,602) (42,537) (42,612) (40,388)    
Issuance of units under the “at-the-market” equity offering, net of commissions and offering costs     (10)     29,473    
Issuance of units under incentive stock plans       19 1,963 411    
Costs associated with the “at-the-market” (ATM) equity offering program   (70)   (37) (62)      
Stock-based compensation 3,331 4,293 2,474 2,609 4,368 2,769    
Repurchase of units (29) (4,106) (41) (20) (3,951) (212)    
Adjustment of Redeemable Operating Partnership Units 7,161 4,579 (573) 23,633 12,261 (2,496)    
Conversion of units into common shares 474 301 23,642 3,659 42 103    
Ending balance 1,767,335 1,779,764 1,798,174 1,793,275 1,785,126 1,788,713 1,767,335 1,793,275
Rayonier Limited Partnership | Accumulated Other Comprehensive Income                
Increase (Decrease) in Partners' Capital [Roll Forward]                
Beginning balance 27,679 24,194 40,249 4,277 30,215 (15,463) 40,249 (15,463)
Amortization of pension and postretirement plan liabilities 2 2 1 188 188 188    
Foreign currency translation adjustment (4,180) (8,790) (3,552) (24,065) (34,373) 5,668    
Cash flow hedges 7,423 12,273 (12,504) 21,619 8,247 39,822    
Ending balance 30,924 27,679 24,194 2,019 4,277 30,215 30,924 2,019
Rayonier Limited Partnership | Noncontrolling Interests in Consolidated Affiliates                
Increase (Decrease) in Partners' Capital [Roll Forward]                
Beginning balance 13,295 14,284 15,317 13,016 44,643 43,802 15,317 43,802
Net (loss) income 3,183 (245) (1,037) 10,828 637 1,012    
Foreign currency translation adjustment (233) (413) (181) (1,327) (1,912) 790    
Cash flow hedges (44) (331) 185 (1,472) (2,492) 605    
Distributions to noncontrolling interests in consolidated affiliates       (9,789)   (1,566)    
Noncontrolling interests in consolidated affiliates redemption of shares         (27,860)      
Ending balance $ 16,201 $ 13,295 $ 14,284 $ 11,256 $ 13,016 $ 44,643 $ 16,201 $ 11,256