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, 2022			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	[1]	(42,172)		(42,172)
Issuance of shares under the “at-the-market” equity offering, net of commissions and offering costs of $24 (in shares)			400
Issuance of shares under the “at-the-market” equity offering, net of commissions and offering costs of $24		(10)	$ (10)
Issuance of shares under incentive stock plans (in shares)			1,564
Stock-based incentive 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
Pension and postretirement benefit plans		1			1
Foreign currency translation adjustment		(3,733)			(3,552)	(181)
Cash flow hedges		(12,319)			(12,504)	185
Allocation of other comprehensive loss (income) 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
Beginning balance (in shares) at Dec. 31, 2022			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)
Pension and postretirement benefit plans		4
Foreign currency translation adjustment		(17,350)
Cash flow hedges		7,002
Ending balance (in shares) at Sep. 30, 2023			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	[1]	(42,279)		(42,279)
Costs associated with the “at-the-market” (ATM) equity offering program		(71)	$ (71)
Issuance of shares under incentive stock plans (in shares)			372,149
Stock-based incentive 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
Pension and postretirement benefit plans		2			2
Foreign currency translation adjustment		(9,203)			(8,790)	(413)
Cash flow hedges		11,942			12,273	(331)
Allocation of other comprehensive loss (income) 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]
Net income (loss)		22,740		19,557		3,183
Net income attributable to noncontrolling interests in the Operating Partnership		(320)		(320)
Dividends	[1]	(42,460)		(42,460)
Issuance of shares under incentive stock plans (in shares)			3,959
Stock-based incentive 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
Pension and postretirement benefit plans		2			2
Foreign currency translation adjustment		(4,413)			(4,180)	(233)
Cash flow hedges		7,379			7,423	(44)
Allocation of other comprehensive loss (income) to noncontrolling interests in the Operating Partnership		(36)			(36)
Ending balance (in shares) at Sep. 30, 2023			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 Dec. 31, 2023		148,299,117	148,299,117
Beginning balance at Dec. 31, 2023		$ 1,877,602	$ 1,497,641	338,244	24,651	17,066
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)		2,306		1,377		929
Net income attributable to noncontrolling interests in the Operating Partnership		(20)		(20)
Dividends	[2]	(42,777)		(42,777)
Issuance of shares under incentive stock plans (in shares)			752
Stock-based incentive compensation		3,218	$ 3,218
Repurchase of common shares (in shares)			(924)
Repurchase of common shares		(31)	$ (31)
Adjustment of noncontrolling interests in the Operating Partnership		(291)		(291)
Conversion of units into common shares (in shares)			350,376
Conversion of units into common shares		11,511	$ 11,511
Pension and postretirement benefit plans		9,562			9,562
Foreign currency translation adjustment		(16,951)			(16,178)	(773)
Cash flow hedges		2,966			4,070	(1,104)
Allocation of other comprehensive loss (income) to noncontrolling interests in the Operating Partnership		265			265
Distributions to noncontrolling interests in consolidated affiliates		(1,713)				(1,713)
Ending balance (in shares) at Mar. 31, 2024			148,649,321
Ending balance at Mar. 31, 2024		$ 1,845,647	$ 1,512,339	296,533	22,370	14,405
Beginning balance (in shares) at Dec. 31, 2023		148,299,117	148,299,117
Beginning balance at Dec. 31, 2023		$ 1,877,602	$ 1,497,641	338,244	24,651	17,066
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income attributable to noncontrolling interests in the Operating Partnership		(437)
Pension and postretirement benefit plans		9,701
Foreign currency translation adjustment		2,402
Cash flow hedges		$ (12,664)
Ending balance (in shares) at Sep. 30, 2024		149,000,336	149,000,336
Ending balance at Sep. 30, 2024		$ 1,802,765	$ 1,519,570	243,861	23,574	15,760
Beginning balance (in shares) at Mar. 31, 2024			148,649,321
Beginning balance at Mar. 31, 2024		1,845,647	$ 1,512,339	296,533	22,370	14,405
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)		3,035		1,929		1,106
Net income attributable to noncontrolling interests in the Operating Partnership		(26)		(26)
Dividends	[2]	(42,517)		(42,517)
Issuance of shares under incentive stock plans (in shares)			396,849
Stock-based incentive compensation		4,904	$ 4,904
Repurchase of common shares (in shares)			(130,460)
Repurchase of common shares		(4,132)	$ (4,132)
Adjustment of noncontrolling interests in the Operating Partnership		8,093		8,093
Conversion of units into common shares (in shares)			63,708
Conversion of units into common shares		1,915	$ 1,915
Foreign currency translation adjustment		6,014			5,728	286
Cash flow hedges		198			(330)	528
Allocation of other comprehensive loss (income) to noncontrolling interests in the Operating Partnership		(19)			(19)
Distributions to noncontrolling interests in consolidated affiliates		(2,047)				(2,047)
Ending balance (in shares) at Jun. 30, 2024			148,979,418
Ending balance at Jun. 30, 2024		1,821,065	$ 1,515,026	264,012	27,749	14,278
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)		30,442		29,149		1,293
Net income attributable to noncontrolling interests in the Operating Partnership		(391)		(391)
Dividends	[2]	(42,433)		(42,433)
Issuance of shares under incentive stock plans (in shares)			848
Stock-based incentive compensation		3,906	$ 3,906
Repurchase of common shares (in shares)			(222)
Repurchase of common shares		(5)	$ (5)
Adjustment of noncontrolling interests in the Operating Partnership		(6,476)		(6,476)
Conversion of units into common shares (in shares)			20,292
Conversion of units into common shares		643	$ 643
Pension and postretirement benefit plans		139			139
Foreign currency translation adjustment		13,338			12,804	534
Cash flow hedges		(15,827)			(17,195)	1,368
Allocation of other comprehensive loss (income) to noncontrolling interests in the Operating Partnership		77			77
Distributions to noncontrolling interests in consolidated affiliates		$ (1,713)				(1,713)
Ending balance (in shares) at Sep. 30, 2024		149,000,336	149,000,336
Ending balance at Sep. 30, 2024		$ 1,802,765	$ 1,519,570	$ 243,861	$ 23,574	$ 15,760

[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.