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RAYONIER, L.P. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CHANGES IN CAPITAL (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2024
Mar. 31, 2024
Jun. 30, 2025
Jun. 30, 2024
Increase (Decrease) in Partners' Capital [Roll Forward]            
Income from Continuing Operations $ 9,769   $ (3,896)   $ 4,176 $ (8,406)
INCOME FROM DISCONTINUED OPERATIONS 403,838   6,931   406,346 13,747
Loss from continuing operations 413,607   3,035   410,522 5,341
Deconsolidation of discontinued operations 18,324          
Pension and postretirement benefit plans (2) $ (2)   $ 9,562    
Foreign currency translation adjustment 16,842 3,633 6,014 (16,951)    
Cash flow hedges 1,400 (7,047) 198 2,966    
Distributions to noncontrolling interests in consolidated affiliates (1,171) (1,911) (2,047) (1,713)    
Rayonier Limited Partnership            
Increase (Decrease) in Partners' Capital [Roll Forward]            
Beginning balance 1,925,295 1,780,533 1,845,647 1,877,602 1,780,533 1,877,602
Income from Continuing Operations 9,769 (5,592) (3,896) (4,510) 4,176 (8,406)
INCOME FROM DISCONTINUED OPERATIONS 403,838 2,507 6,931 6,816 406,346 13,747
Loss from continuing operations 413,607   3,035   410,522 5,341
Deconsolidation of discontinued operations 18,324          
Distributions on units (42,955) (43,254) (43,095) (43,374)    
Issuance of common shares from special dividend [1]   203,135        
Stock-based incentive compensation 3,628 2,281 4,904 3,218    
Adjustment of Redeemable Operating Partnership Units 4,599 (6,355) 8,626 551    
Conversion of units into common shares 218 28 1,915 11,511    
Pension and postretirement benefit plans (2) (2)   9,562    
Foreign currency translation adjustment 16,842 3,633 6,014 (16,951)    
Cash flow hedges 1,400 (7,047) 198 2,966    
Distributions to noncontrolling interests in consolidated affiliates (1,171) (1,911) (2,047) (1,713)    
Ending balance 2,302,217 1,925,295 1,821,065 1,845,647 2,302,217 1,821,065
Rayonier Limited Partnership | Incentive Stock Awards Repurchase Program            
Increase (Decrease) in Partners' Capital [Roll Forward]            
Repurchase of units made under repurchase program (2,640) (38) (4,132) (31)    
Rayonier Limited Partnership | Repurchase Program            
Increase (Decrease) in Partners' Capital [Roll Forward]            
Repurchase of units made under repurchase program (34,928) (2,623)        
Units | General Partners’ Capital | Rayonier Limited Partnership            
Increase (Decrease) in Partners' Capital [Roll Forward]            
Beginning balance 19,269 17,772 18,057 18,325 17,772 18,325
Income from Continuing Operations 98 (56) (39) (45)    
INCOME FROM DISCONTINUED OPERATIONS 4,044 21 58 59    
Distributions on units (430) (432) (430) (434)    
Issuance of common shares from special dividend [1]   2,031        
Stock-based incentive compensation 36 23 49 32    
Adjustment of Redeemable Operating Partnership Units 46 (63) 86 6    
Conversion of units into common shares 2 0 19 115    
Ending balance 22,690 19,269 17,759 18,057 22,690 17,759
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 (26) (1) (41) (1)    
Units | General Partners’ Capital | Rayonier Limited Partnership | Repurchase Program            
Increase (Decrease) in Partners' Capital [Roll Forward]            
Repurchase of units made under repurchase program (349) (26)        
Units | Limited Partners’ Capital | Rayonier Limited Partnership            
Increase (Decrease) in Partners' Capital [Roll Forward]            
Beginning balance 1,907,612 1,759,405 1,787,713 1,814,193 1,759,405 1,814,193
Income from Continuing Operations 9,671 (5,536) (3,844) (4,455)    
INCOME FROM DISCONTINUED OPERATIONS 400,371 2,101 5,754 5,818    
Distributions on units (42,525) (42,822) (42,665) (42,940)    
Issuance of common shares from special dividend [1]   201,104        
Stock-based incentive compensation 3,592 2,258 4,855 3,186    
Adjustment of Redeemable Operating Partnership Units 4,553 (6,292) 8,540 545    
Conversion of units into common shares 216 28 1,896 11,396    
Ending balance 2,246,297 1,907,612 1,758,158 1,787,713 2,246,297 1,758,158
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 (2,614) (37) (4,091) (30)    
Units | Limited Partners’ Capital | Rayonier Limited Partnership | Repurchase Program            
Increase (Decrease) in Partners' Capital [Roll Forward]            
Repurchase of units made under repurchase program (34,579) (2,597)        
Accumulated Other Comprehensive Income | Rayonier Limited Partnership            
Increase (Decrease) in Partners' Capital [Roll Forward]            
Beginning balance (11,793) (7,865) 25,472 28,018 (7,865) 28,018
Deconsolidation of discontinued operations 29,068          
Pension and postretirement benefit plans (2) (2)   9,562    
Foreign currency translation adjustment 16,252 3,515 5,728 (16,178)    
Cash flow hedges (295) (7,441) (330) 4,070    
Ending balance 33,230 (11,793) 30,870 25,472 33,230 30,870
Noncontrolling Interests in Consolidated Affiliates | Rayonier Limited Partnership            
Increase (Decrease) in Partners' Capital [Roll Forward]            
Beginning balance 10,207 11,221 14,405 17,066 11,221 17,066
Income from Continuing Operations     (13) (10)    
INCOME FROM DISCONTINUED OPERATIONS (577) 385 1,119 939    
Deconsolidation of discontinued operations (10,744)          
Foreign currency translation adjustment 590 118 286 (773)    
Cash flow hedges 1,695 394 528 (1,104)    
Distributions to noncontrolling interests in consolidated affiliates (1,171) (1,911) (2,047) (1,713)    
Ending balance $ 0 $ 10,207 $ 14,278 $ 14,405 $ 0 $ 14,278
[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.