OTHER OPERATING (EXPENSE) INCOME, NET (Tables)

9 Months Ended

Sep. 30, 2023

Other Income and Expenses [Abstract]

Schedule of Other Operating (Income) Expense, Net

Other operating (expense) income, net consisted of the following:

	Three Months Ended September 30,		Nine Months Ended September 30,
	2023	2022	2023	2022
Loss on foreign currency remeasurement, net of cash flow hedges	($1,555)	($1,158)	($5,713)	($481)
Gain on sale or disposal of property and equipment	—	9	37	40
Equity income related to Bainbridge Landing LLC joint venture (a)	—	15,848	—	15,477
Miscellaneous (expense) income, net	(99)	(118)	105	(638)
Total	($1,654)	$14,581	($5,571)	$14,398

(a)The three and nine months ended September 30, 2022 include $16.0 million of equity income from the sale of a multi-family apartment complex in Bainbridge Island, Washington. As the equity investment was co-owned with outside investors, $4.5 million of the equity income was attributable to Rayonier.