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INCOME TAXES - Effective Income Tax Rate Reconciliation (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Effective Income Tax Rate Reconciliation, Amount [Abstract]      
U.S. federal statutory income tax rate $ (78,967) $ (38,560) $ (27,758)
U.S. and foreign REIT income 84,262 47,616 29,732
Matariki Group and Rayonier New Zealand Ltd (6,556) (3,681) (5,038)
Cellulosic Biofuel Producer tax credit (10,814) 0 0
Change in valuation allowance 2,271 (9,574) (3,939)
REIT Built-in Gain 0 0 (2,516)
Foreign income tax withholding (1,517) (1,148) (1,239)
State Income Tax, Net of Federal Benefit 833 1,322 1,424
Bainbridge Landing JV, NCI 122 0 2,496
Other 3,316 (1,097) (2,551)
Total $ (7,050) $ (5,122) $ (9,389)
Effective Income Tax Rate Reconciliation, Percent [Abstract]      
U.S. federal statutory income tax rate (21.00%) (21.00%) (21.00%)
U.S. and foreign REIT income 22.40% 25.90% 22.50%
Matariki Group and Rayonier New Zealand Ltd (1.70%) (2.00%) (3.80%)
Cellulosic Biofuel Producer tax credit (2.90%) 0.00% 0.00%
Change in valuation allowance 0.60% (5.20%) (3.00%)
REIT Built-in Gain 0.00% 0.00% (1.90%)
Foreign income tax withholding (0.40%) (0.60%) (0.90%)
State Income Tax, Net of Federal Benefit 0.20% 0.70% 1.10%
Bainbridge Landing JV, NCI 0.00% 0.00% 1.80%
Other 0.90% (0.60%) (1.90%)
Income tax expense as reported for net income (1.90%) (2.80%) (7.10%)