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RAYONIER INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Statement of Comprehensive Income [Abstract]    
SALES (NOTE 3) $ 168,097 $ 179,082
Costs and Expenses    
Cost of sales (133,180) (149,166)
Selling and general expenses (18,978) (16,778)
Other operating income (expense), net (Note 14) 271 (2,516)
Costs and expenses (151,887) (168,460)
OPERATING INCOME 16,210 10,622
Interest expense, net (9,744) (11,700)
Interest and other miscellaneous (expense) income, net (4,992) 9,554
INCOME BEFORE INCOME TAXES 1,474 8,476
Income tax benefit (expense) (Note 16) 832 (1,039)
NET INCOME 2,306 7,437
Less: Net income attributable to noncontrolling interests in the operating partnership (20) (174)
Less: Net (income) loss attributable to noncontrolling interests in consolidated affiliates (929) 1,037
NET INCOME ATTRIBUTABLE TO RAYONIER INC. 1,357 8,300
OTHER COMPREHENSIVE (LOSS) INCOME    
Foreign currency translation adjustment, net of income tax effect of $0 and $0 (16,951) (3,733)
Cash flow hedges, net of income tax effect of $1,866 and $312 2,966 (12,319)
Pension and postretirement benefit plans, net of income tax effect of $1,222 and $0 9,562 1
Total other comprehensive loss (4,423) (16,051)
COMPREHENSIVE LOSS (2,117) (8,614)
Less: Comprehensive loss attributable to noncontrolling interests in the operating partnership 17 156
Less: Comprehensive loss attributable to noncontrolling interests in consolidated affiliates 947 1,032
COMPREHENSIVE LOSS ATTRIBUTABLE TO RAYONIER INC. $ (1,153) $ (7,426)
Earnings Per Share [Abstract]    
Basic earnings per share attributable to Rayonier Inc. (in dollars per share) $ 0.01 $ 0.06
Diluted earnings per share attributable to Rayonier Inc. (in dollars per share) $ 0.01 $ 0.06