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EARNINGS PER SHARE AND PER UNIT (Tables)
 9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table provides details of the calculations of basic and diluted earnings per common share of the Company:
Three Months Ended September 30,Nine Months Ended September 30,
 2024202320242023
Earnings per common share - basic
Numerator:
Net Income$30,442 $22,740 $35,783 $49,274 
Less: Net income attributable to noncontrolling interests in the Operating Partnership(391)(320)(437)(811)
Less: Net income attributable to noncontrolling interests in consolidated affiliates(1,293)(3,183)(3,328)(1,902)
Net income attributable to Rayonier Inc.$28,758 $19,237 $32,018 $46,561 
Denominator:
Denominator for basic earnings per common share - weighted average shares148,984,534 148,274,209 148,821,306 147,959,983 
Basic earnings per common share attributable to Rayonier Inc.:$0.19 $0.13 $0.22 $0.31 
Earnings per common share - diluted
Numerator:
Net Income$30,442 $22,740 $35,783 $49,274 
Less: Net income attributable to noncontrolling interests in consolidated affiliates(1,293)(3,183)(3,328)(1,902)
Net income attributable to Rayonier Inc., before net income attributable to noncontrolling interests in the Operating Partnership$29,149 $19,557 $32,455 $47,372 
Denominator:
Denominator for basic earnings per common share - weighted average shares148,984,534 148,274,209 148,821,306 147,959,983 
Add: Dilutive effect of:
Stock options— — 55 629 
Performance shares, restricted shares and restricted stock units281,407 299,613 403,444 394,006 
Noncontrolling interests in Operating Partnership units2,027,053 2,462,431 2,088,013 2,676,911 
Denominator for diluted earnings per common share - adjusted weighted average shares151,292,994 151,036,253 151,312,818 151,031,529 
Diluted earnings per common share attributable to Rayonier Inc.:$0.19 $0.13 $0.21 $0.31 
The following table provides details of the calculations of basic and diluted earnings per unit of the Operating Partnership:
Three Months Ended September 30,Nine Months Ended September 30,
 2024202320242023
Earnings per unit - basic
Numerator:
Net Income$30,442 $22,740 $35,783 $49,274 
Less: Net income attributable to noncontrolling interests in consolidated affiliates(1,293)(3,183)(3,328)(1,902)
Net income available to unitholders$29,149 $19,557 $32,455 $47,372 
Denominator:
Denominator for basic earnings per unit - weighted average units151,011,587 150,736,640 150,909,319 150,636,894 
Basic earnings per unit attributable to Rayonier, L.P.:$0.19 $0.13 $0.22 $0.31 
Earnings per unit - diluted
Numerator:
Net Income$30,442 $22,740 $35,783 $49,274 
Less: Net income attributable to noncontrolling interests in consolidated affiliates(1,293)(3,183)(3,328)(1,902)
Net income available to unitholders$29,149 $19,557 $32,455 $47,372 
Denominator:
Denominator for basic earnings per unit - weighted average units151,011,587 150,736,640 150,909,319 150,636,894 
Add: Dilutive effect of unit equivalents:
Stock options— — 55 629 
Performance shares, restricted shares and restricted stock units281,407 299,613 403,444 394,006 
Denominator for diluted earnings per unit - adjusted weighted average units151,292,994 151,036,253 151,312,818 151,031,529 
Diluted earnings per unit attributable to Rayonier, L.P.:$0.19 $0.13 $0.21 $0.31 
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Anti-dilutive shares excluded from the computations of diluted earnings per common share:
Stock options, performance shares, restricted shares and restricted stock units149,609 164,521 149,446 156,835 
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Anti-dilutive unit equivalents excluded from the computations of diluted earnings per unit:
Stock options, performance shares, restricted shares and restricted stock units149,609 164,521 149,446 156,835