RAYONIER INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2025	Jun. 30, 2024	Jun. 30, 2025	Jun. 30, 2024
SALES (NOTE 4)	$ 106,538	$ 99,639	$ 189,459	$ 213,343
Costs and Expenses
Cost of sales	(74,906)	(74,300)	(139,858)	(160,423)
Selling and general expenses	(16,922)	(20,609)	(33,613)	(39,589)
Other operating expense, net (Note 15)	(165)	(183)	(1,384)	(152)
Costs and expenses	(91,993)	(95,092)	(174,855)	(200,164)
OPERATING INCOME	14,545	4,547	14,604	13,179
Interest expense, net	(6,542)	(9,029)	(12,936)	(17,977)
Interest income	2,327	1,759	5,203	3,654
Other miscellaneous expense, net	(561)	(1,173)	(2,404)	(8,253)
INCOME BEFORE INCOME TAXES	9,769	(3,896)	4,467	(9,397)
Income tax (expense) benefit (Note 16)	0	0	(291)	991
INCOME (LOSS) FROM CONTINUING OPERATIONS	9,769	(3,896)	4,176	(8,406)
(Loss) income from operations of discontinued operations, net of tax	(625)	6,931	1,883	13,747
Gain on sale of discontinued operations	404,463	0	404,463	0
INCOME FROM DISCONTINUED OPERATIONS	403,838	6,931	406,346	13,747
NET INCOME	413,607	3,035	410,522	5,341
Less: Net income (loss) attributable to noncontrolling interests in the Operating Partnership	(5,476)	(26)	(5,430)	(46)
Less: Net loss (income) attributable to NCI in consolidated affiliates	577	(1,106)	192	(2,035)
NET INCOME ATTRIBUTABLE TO RAYONIER INC.	408,708	1,903	405,284	3,260
OTHER COMPREHENSIVE INCOME (LOSS)
Pension and postretirement benefit plans, net of income tax effect of $0 and $1,222	(2)
Foreign currency translation adjustment, net of income tax effect of $0 and $0	(16,842)	(6,014)
Total other comprehensive (loss) income	47,308	6,212	43,893	1,789
COMPREHENSIVE INCOME	460,915	9,247	454,415	7,130
Less: Comprehensive income attributable to noncontrolling interests in the Operating Partnership	(6,071)	(100)	(5,973)	(83)
Less: Comprehensive income attributable to noncontrolling interests in consolidated affiliates	(1,707)	(1,920)	(2,605)	(972)
COMPREHENSIVE INCOME ATTRIBUTABLE TO RAYONIER INC.	$ 453,137	$ 7,227	$ 445,837	$ 6,075
BASIC EARNINGS (LOSS) PER SHARE ATTRIBUTABLE TO RAYONIER INC.
Continuing operations (in dollars per share)	$ 0.06	$ (0.03)	$ 0.03	$ (0.06)
Discontinued operations (in dollars per share)	2.57	0.04	2.59	0.08
Net Income (in dollars per share)	2.63	0.01	2.62	0.02
DILUTED EARNINGS (LOSS) PER SHARE ATTRIBUTABLE TO RAYONIER INC.
Continuing operations (in dollars per share)	0.06	(0.03)	0.03	(0.06)
Discontinued operations (in dollars per share)	2.56	0.04	2.57	0.08
Net Income (in dollars per share)	$ 2.63	$ 0.01	$ 2.60	$ 0.02
Continuing Operations
OTHER COMPREHENSIVE INCOME (LOSS)
Cash flow hedges, net of income tax effect of $3,531 and $973	$ (5,968)	$ (2,097)	$ (14,727)	$ 5,666
Pension and postretirement benefit plans, net of income tax effect of $0 and $1,222	(2)	0	(3)	9,562
Discontinued Operations
OTHER COMPREHENSIVE INCOME (LOSS)
Cash flow hedges, net of income tax effect of $3,531 and $973	7,368	2,295	9,080	(2,502)
Deconsolidation of discontinued operations, net of income tax effect of $0, $0, $0 and $0	29,068	0	29,068	0
Foreign currency translation adjustment, net of income tax effect of $0 and $0	$ (16,842)	$ (6,014)	$ (20,475)	$ 10,937