RAYONIER INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
CURRENT ASSETS
Cash and cash equivalents	$ 141,906	$ 207,696
Trade receivables, less allowance for doubtful accounts of $85 and $210	31,398	28,652
Other receivables	8,201	11,517
Inventory (Note 13)	23,887	31,017
Prepaid expenses	20,012	19,070
Assets held for sale (Note 19)	1,024	9,932
Other current assets	3,551	9,074
Total current assets	229,979	316,958
TIMBER AND TIMBERLANDS, NET OF DEPLETION AND AMORTIZATION	2,947,061	3,004,316
HIGHER AND BETTER USE TIMBERLANDS AND REAL ESTATE DEVELOPMENT INVESTMENTS (NOTE 12)	135,353	105,595
PROPERTY, PLANT AND EQUIPMENT
Land	6,453	6,453
Buildings	31,187	31,251
Machinery and equipment	6,647	6,523
Construction in progress	2,056	1,841
Total property, plant and equipment, gross	46,343	46,068
Less — accumulated depreciation	(20,213)	(19,059)
Total property, plant and equipment, net	26,130	27,009
RESTRICTED CASH (NOTE 18)	677	678
RIGHT-OF-USE ASSETS	91,039	95,474
OTHER ASSETS	108,907	97,555
TOTAL ASSETS	3,539,146	3,647,585
CURRENT LIABILITIES
Accounts payable	25,764	26,561
Accrued taxes	5,947	4,394
Accrued payroll and benefits	8,858	14,215
Accrued interest	6,298	7,094
Pension and other postretirement benefits (Note 15)	1,223	8,444
Dividend and distribution payable	0	30,148
Deferred revenue	34,021	19,012
Other current liabilities	33,993	30,409
Total current liabilities	116,104	140,277
LONG-TERM DEBT, NET (NOTE 6)	1,363,651	1,365,773
PENSION AND OTHER POSTRETIREMENT BENEFITS, NON-CURRENT (NOTE 15)	1,453	1,441
LONG-TERM LEASE LIABILITY	84,140	87,684
LONG-TERM DEFERRED REVENUE	15,238	11,294
OTHER NON-CURRENT LIABILITIES	78,448	81,863
CONTINGENCIES (NOTE 9)
NONCONTROLLING INTERESTS IN THE OPERATING PARTNERSHIP (NOTE 4)	59,047	81,651
SHAREHOLDERS’ EQUITY
Common Shares, 480,000,000 shares authorized, 148,979,418 and 148,299,117 shares issued and outstanding	1,515,026	1,497,641
Retained earnings	264,012	338,244
Accumulated other comprehensive income (Note 17)	27,749	24,651
TOTAL RAYONIER INC. SHAREHOLDERS’ EQUITY	1,806,787	1,860,536
Noncontrolling interests in consolidated affiliates (Note 4)	14,278	17,066
TOTAL SHAREHOLDERS’ EQUITY	1,821,065	1,877,602
TOTAL LIABILITIES, NONCONTROLLING INTERESTS IN THE OPERATING PARTNERSHIP AND SHAREHOLDERS’ EQUITY	$ 3,539,146	$ 3,647,585