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RAYONIER, L.P. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CHANGES IN CAPITAL (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Increase (Decrease) in Partners' Capital [Roll Forward]    
Net (loss) income $ (3,085) $ 2,306
Pension and postretirement benefit plans (2) 9,562
Foreign currency translation adjustment 3,633 (16,951)
Cash flow hedges (7,047) 2,966
Distributions to noncontrolling interests in consolidated affiliates (1,911) (1,713)
Rayonier Limited Partnership    
Increase (Decrease) in Partners' Capital [Roll Forward]    
Beginning balance 1,780,533 1,877,602
Net (loss) income (3,085) 2,306
Distributions on units (43,254) (43,374)
Issuance of common shares from special dividend [1] 203,135  
Stock-based incentive compensation 2,281 3,218
Adjustment of Redeemable Operating Partnership Units (6,355) 551
Conversion of units into common shares 28 11,511
Pension and postretirement benefit plans (2) 9,562
Foreign currency translation adjustment 3,633 (16,951)
Cash flow hedges (7,047) 2,966
Distributions to noncontrolling interests in consolidated affiliates (1,911) (1,713)
Ending balance 1,925,295 1,845,647
Rayonier Limited Partnership | Incentive Stock Awards Repurchase Program    
Increase (Decrease) in Partners' Capital [Roll Forward]    
Repurchase of units made under repurchase program (38) (31)
Rayonier Limited Partnership | Repurchase Program    
Increase (Decrease) in Partners' Capital [Roll Forward]    
Repurchase of units made under repurchase program (2,623)  
Units | General Partners’ Capital | Rayonier Limited Partnership    
Increase (Decrease) in Partners' Capital [Roll Forward]    
Beginning balance 17,772 18,325
Net (loss) income (35) 14
Distributions on units (432) (434)
Issuance of common shares from special dividend [1] 2,031  
Stock-based incentive compensation 23 32
Adjustment of Redeemable Operating Partnership Units (63) 6
Conversion of units into common shares 0 115
Ending balance 19,269 18,057
Units | General Partners’ Capital | Rayonier Limited Partnership | Incentive Stock Awards Repurchase Program    
Increase (Decrease) in Partners' Capital [Roll Forward]    
Repurchase of units made under repurchase program (1) (1)
Units | General Partners’ Capital | Rayonier Limited Partnership | Repurchase Program    
Increase (Decrease) in Partners' Capital [Roll Forward]    
Repurchase of units made under repurchase program (26)  
Units | Limited Partners’ Capital | Rayonier Limited Partnership    
Increase (Decrease) in Partners' Capital [Roll Forward]    
Beginning balance 1,759,405 1,814,193
Net (loss) income (3,435) 1,363
Distributions on units (42,822) (42,940)
Issuance of common shares from special dividend [1] 201,104  
Stock-based incentive compensation 2,258 3,186
Adjustment of Redeemable Operating Partnership Units (6,292) 545
Conversion of units into common shares 28 11,396
Ending balance 1,907,612 1,787,713
Units | Limited Partners’ Capital | Rayonier Limited Partnership | Incentive Stock Awards Repurchase Program    
Increase (Decrease) in Partners' Capital [Roll Forward]    
Repurchase of units made under repurchase program (37) (30)
Units | Limited Partners’ Capital | Rayonier Limited Partnership | Repurchase Program    
Increase (Decrease) in Partners' Capital [Roll Forward]    
Repurchase of units made under repurchase program (2,597)  
Accumulated Other Comprehensive Income | Rayonier Limited Partnership    
Increase (Decrease) in Partners' Capital [Roll Forward]    
Beginning balance (7,865) 28,018
Pension and postretirement benefit plans (2) 9,562
Foreign currency translation adjustment 3,515 (16,178)
Cash flow hedges (7,441) 4,070
Ending balance (11,793) 25,472
Noncontrolling Interests in Consolidated Affiliates | Rayonier Limited Partnership    
Increase (Decrease) in Partners' Capital [Roll Forward]    
Beginning balance 11,221 17,066
Net (loss) income 385 929
Foreign currency translation adjustment 118 (773)
Cash flow hedges 394 (1,104)
Distributions to noncontrolling interests in consolidated affiliates (1,911) (1,713)
Ending balance $ 10,207 $ 14,405
[1] Reflects the issuance of units related to the Company’s special distribution of $1.80 per unit, paid on January 30, 2025, to holders of record as of December 12, 2024. This distribution comprised a combination of cash and units.