RAYONIER INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY (Unaudited) - USD ($) $ in Thousands		Total	Incentive Stock Awards Repurchase Program	Repurchase Program	Common Shares	Common Shares Incentive Stock Awards Repurchase Program	Common Shares Repurchase Program	Retained Earnings	Retained Earnings Repurchase Program	Accumulated Other Comprehensive Loss	Noncontrolling Interests in Consolidated Affiliates
Beginning balance (in shares) at Dec. 31, 2023					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		2,306						1,377			929
Net loss attributable to noncontrolling interests in the Operating Partnership		(20)						(20)
Dividends	[1]	(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 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, 2024		148,536,643			148,536,643
Beginning balance at Dec. 31, 2024		$ 1,780,533			$ 1,522,487			257,254		(10,429)	11,221
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income		(3,085)						(3,470)			385
Net loss attributable to noncontrolling interests in the Operating Partnership		46						46
Dividends	[2]	(42,686)						(42,686)
Issuance of common shares from special dividend (in shares)	[3]				7,560,983
Issuance of common shares from special dividend	[3]	200,454			$ 200,454
Issuance of shares under incentive stock plans (in shares)					5,566
Stock-based incentive compensation		2,281			$ 2,281
Repurchase of common shares (in shares)						(1,420)	(95,000)
Repurchase of common shares			$ (38)	$ (2,623)		$ (38)			$ (2,623)
Adjustment of noncontrolling interests in the Operating Partnership		(4,341)						(4,341)
Conversion of units into common shares (in shares)					1,000
Conversion of units into common shares		28			$ 28
Pension and postretirement benefit plans		(2)								(2)
Foreign currency translation adjustment		3,633								3,515	118
Cash flow hedges		(7,047)								(7,441)	394
Allocation of other comprehensive loss to noncontrolling interests in the Operating Partnership		53								53
Distributions to noncontrolling interests in consolidated affiliates		$ (1,911)									(1,911)
Ending balance (in shares) at Mar. 31, 2025		156,007,772			156,007,772
Ending balance at Mar. 31, 2025		$ 1,925,295			$ 1,725,212			$ 204,180		$ (14,304)	$ 10,207

[1] For information regarding distributions to noncontrolling interests in the Operating Partnership, see the Rayonier Inc. Consolidated Statements of Cash Flows and Note 5 — 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 5 — Noncontrolling Interests.

[3] Reflects the issuance of shares related to the Company’s special dividend of $1.80 per common share, paid on January 30, 2025, to shareholders of record as of December 12, 2024. This dividend comprised a combination of cash and the Company’s common shares.