RAYONIER INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY (Unaudited) - USD ($) $ in Thousands		Total	Common Shares	Retained Earnings	Accumulated Other Comprehensive Income	Noncontrolling Interests in Consolidated Affiliates
Beginning balance (in shares) at Dec. 31, 2021			145,372,961
Beginning balance at Dec. 31, 2021		$ 1,815,578	$ 1,389,073	$ 402,307	$ (19,604)	$ 43,802
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)		30,998		29,986		1,012
Net income attributable to noncontrolling interests in the operating partnership		(669)		(669)
Dividends	[1]	(39,902)		(39,902)
Issuance of shares under the “at-the-market” equity offering, net of commissions and offering costs (in shares)			726,248
Issuance of shares under the “at-the-market” equity offering, net of commissions and offering costs		29,771	$ 29,771
Issuance of shares under incentive stock plans (in shares)			11,364
Issuance of shares under incentive stock plans		415	$ 415
Stock-based compensation		2,797	$ 2,797
Repurchase of common shares (in shares)			(5,420)
Repurchase of common shares		(214)	$ (214)
Adjustment of noncontrolling interests in the operating partnership		(2,645)		(2,645)
Conversion of units into common shares (in shares)			2,535
Conversion of units into common shares		104	$ 104
Amortization of pension and postretirement plan liabilities		188			188
Foreign currency translation adjustment		6,458			5,668	790
Cash flow hedges		40,427			39,822	605
Allocation of other comprehensive income (loss) to noncontrolling interests in the operating partnership		(101)			(101)
Distributions to noncontrolling interests in consolidated affiliates		(1,566)				(1,566)
Ending balance (in shares) at Mar. 31, 2022			146,107,688
Ending balance at Mar. 31, 2022		$ 1,881,639	$ 1,421,946	389,077	25,973	44,643
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends (in dollars per share)	[1]	$ 0.27
Beginning balance (in shares) at Dec. 31, 2021			145,372,961
Beginning balance at Dec. 31, 2021		$ 1,815,578	$ 1,389,073	402,307	(19,604)	43,802
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income attributable to noncontrolling interests in the operating partnership		(1,670)
Amortization of pension and postretirement plan liabilities		564
Foreign currency translation adjustment		(55,220)
Ending balance (in shares) at Sep. 30, 2022			146,422,825
Ending balance at Sep. 30, 2022		1,824,663	$ 1,430,622	384,384	(1,599)	11,256
Beginning balance (in shares) at Mar. 31, 2022			146,107,688
Beginning balance at Mar. 31, 2022		1,881,639	$ 1,421,946	389,077	25,973	44,643
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)		25,287		24,650		637
Net income attributable to noncontrolling interests in the operating partnership		(546)		(546)
Dividends	[1]	(42,098)		(42,098)
Issuance of shares under incentive stock plans (in shares)			304,887
Issuance of shares under incentive stock plans		1,983	$ 1,983
Stock-based compensation		4,412	$ 4,412
Repurchase of common shares (in shares)			(91,820)
Repurchase of common shares		(3,991)	$ (3,991)
Adjustment of noncontrolling interests in the operating partnership		11,412		11,412
Conversion of units into common shares (in shares)			977
Conversion of units into common shares		42	$ 42
Costs associated with the “at-the-market” (ATM) equity offering program		(63)	$ (63)
Amortization of pension and postretirement plan liabilities		188			188
Foreign currency translation adjustment		(36,285)			(34,373)	(1,912)
Cash flow hedges		5,755			8,247	(2,492)
Allocation of other comprehensive income (loss) to noncontrolling interests in the operating partnership		575			575
Noncontrolling interests in consolidated affiliates redemption of shares		(27,860)				(27,860)
Ending balance (in shares) at Jun. 30, 2022			146,321,732
Ending balance at Jun. 30, 2022		$ 1,820,450	$ 1,424,329	382,495	610	13,016
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends (in dollars per share)		$ 0.285
Net income (loss)		$ 31,861		21,033		10,828
Net income attributable to noncontrolling interests in the operating partnership		(455)		(455)
Dividends	[1]	(42,052)		(42,052)
Issuance of shares under incentive stock plans (in shares)			760
Issuance of shares under incentive stock plans		19	$ 19
Stock-based compensation		2,636	$ 2,636
Repurchase of common shares (in shares)			(569)
Repurchase of common shares		(20)	$ (20)
Adjustment of noncontrolling interests in the operating partnership		23,363		23,363
Conversion of units into common shares (in shares)			100,902
Conversion of units into common shares		3,696	$ 3,696
Costs associated with the “at-the-market” (ATM) equity offering program		(38)	$ (38)
Amortization of pension and postretirement plan liabilities		188			188
Foreign currency translation adjustment		(25,392)			(24,065)	(1,327)
Cash flow hedges		20,147			21,619	(1,472)
Allocation of other comprehensive income (loss) to noncontrolling interests in the operating partnership		49			49
Distributions to noncontrolling interests in consolidated affiliates		(9,789)				(9,789)
Ending balance (in shares) at Sep. 30, 2022			146,422,825
Ending balance at Sep. 30, 2022		$ 1,824,663	$ 1,430,622	384,384	(1,599)	11,256
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends (in dollars per share)		$ 0.285
Beginning balance (in shares) at Dec. 31, 2022		147,282,631	147,282,631
Beginning balance at Dec. 31, 2022		$ 1,880,712	$ 1,462,945	366,637	35,813	15,317
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)		7,437		8,474		(1,037)
Net income attributable to noncontrolling interests in the operating partnership		(174)		(174)
Dividends	[2]	(42,172)		(42,172)
Issuance of shares under the “at-the-market” equity offering, net of commissions and offering costs (in shares)			400
Issuance of shares under the “at-the-market” equity offering, net of commissions and offering costs		(10)	$ (10)
Issuance of shares under incentive stock plans (in shares)			1,564
Stock-based compensation		2,499	$ 2,499
Repurchase of common shares (in shares)			(1,167)
Repurchase of common shares		(41)	$ (41)
Adjustment of noncontrolling interests in the operating partnership		(2,376)		(2,376)
Conversion of units into common shares (in shares)			729,551
Conversion of units into common shares		23,881	$ 23,881
Amortization of pension and postretirement plan liabilities		1			1
Foreign currency translation adjustment		(3,733)			(3,552)	(181)
Cash flow hedges		(12,319)			(12,504)	185
Allocation of other comprehensive income (loss) to noncontrolling interests in the operating partnership		1,110			1,110
Ending balance (in shares) at Mar. 31, 2023			148,012,979
Ending balance at Mar. 31, 2023		$ 1,854,815	$ 1,489,274	330,389	20,868	14,284
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends (in dollars per share)	[2]	$ 0.285
Beginning balance (in shares) at Dec. 31, 2022		147,282,631	147,282,631
Beginning balance at Dec. 31, 2022		$ 1,880,712	$ 1,462,945	366,637	35,813	15,317
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income attributable to noncontrolling interests in the operating partnership		(811)
Amortization of pension and postretirement plan liabilities		4
Foreign currency translation adjustment		$ (17,350)
Ending balance (in shares) at Sep. 30, 2023		148,287,338	148,287,338
Ending balance at Sep. 30, 2023		$ 1,832,312	$ 1,493,511	295,096	27,504	16,201
Beginning balance (in shares) at Mar. 31, 2023			148,012,979
Beginning balance at Mar. 31, 2023		1,854,815	$ 1,489,274	330,389	20,868	14,284
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)		19,096		19,341		(245)
Net income attributable to noncontrolling interests in the operating partnership		(318)		(318)
Dividends	[2]	(42,279)		(42,279)
Issuance of shares under incentive stock plans (in shares)			372,149
Stock-based compensation		4,336	$ 4,336
Repurchase of common shares (in shares)			(126,788)
Repurchase of common shares		(4,147)	$ (4,147)
Adjustment of noncontrolling interests in the operating partnership		4,296		4,296
Conversion of units into common shares (in shares)			10,103
Conversion of units into common shares		304	$ 304
Costs associated with the “at-the-market” (ATM) equity offering program		(71)	$ (71)
Amortization of pension and postretirement plan liabilities		2			2
Foreign currency translation adjustment		(9,203)			(8,790)	(413)
Cash flow hedges		11,942			12,273	(331)
Allocation of other comprehensive income (loss) to noncontrolling interests in the operating partnership		(58)			(58)
Ending balance (in shares) at Jun. 30, 2023			148,268,443
Ending balance at Jun. 30, 2023		$ 1,838,715	$ 1,489,696	311,429	24,295	13,295
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends (in dollars per share)		$ 0.285
Net income (loss)		$ 22,740		19,557		3,183
Net income attributable to noncontrolling interests in the operating partnership		(320)		(320)
Dividends	[2]	(42,460)		(42,460)
Issuance of shares under incentive stock plans (in shares)			3,959
Issuance of shares under incentive stock plans		0	$ 0
Stock-based compensation		3,365	$ 3,365
Repurchase of common shares (in shares)			(968)
Repurchase of common shares		(29)	$ (29)
Adjustment of noncontrolling interests in the operating partnership		6,890		6,890
Conversion of units into common shares (in shares)			15,904
Conversion of units into common shares		479	$ 479
Amortization of pension and postretirement plan liabilities		2			2
Foreign currency translation adjustment		(4,413)			(4,180)	(233)
Cash flow hedges		7,379			7,423	(44)
Allocation of other comprehensive income (loss) to noncontrolling interests in the operating partnership		$ (36)			(36)
Ending balance (in shares) at Sep. 30, 2023		148,287,338	148,287,338
Ending balance at Sep. 30, 2023		$ 1,832,312	$ 1,493,511	$ 295,096	$ 27,504	$ 16,201
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends (in dollars per share)		$ 0.285

[1] For information regarding distributions to noncontrolling interests in the operating partnership, see the Rayonier Inc. Consolidated Statements of Cash Flows and Note 4 — Noncontrolling Interests.

[2] For information regarding distributions to noncontrolling interests in the operating partnership, see the Rayonier Inc. Consolidated Statements of Cash Flows and Note 4 — Noncontrolling Interests.