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 Income (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]
(Loss) income from continuing operations		(4,510)						(4,500)			(10)
Income (loss) from discontinued operations		6,816						5,877			939
Net income (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, 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 (loss) attributable to noncontrolling interests in the Operating Partnership		(46)
Ending balance (in shares) at Jun. 30, 2024					148,979,418
Ending balance at Jun. 30, 2024		1,821,065			$ 1,515,026			264,012		27,749	14,278
Beginning balance (in shares) at Mar. 31, 2024					148,649,321
Beginning balance at Mar. 31, 2024		1,845,647			$ 1,512,339			296,533		22,370	14,405
Increase (Decrease) in Stockholders' Equity [Roll Forward]
(Loss) income from continuing operations		(3,896)						(3,883)			(13)
Income (loss) from discontinued operations		6,931						5,812			1,119
Net income (loss) attributable to noncontrolling interests in the Operating Partnership		(26)						(26)
Dividends	[1]	(42,517)						(42,517)
Issuance of shares under incentive stock plans (in shares)					396,849
Stock-based incentive compensation		4,904			$ 4,904
Repurchase of common shares (in shares)						(130,460)
Repurchase of common shares			(4,132)			$ (4,132)
Adjustment of noncontrolling interests in the Operating Partnership		8,093						8,093
Conversion of units into common shares (in shares)					63,708
Conversion of units into common shares		1,915			$ 1,915
Foreign currency translation adjustment		6,014								5,728	286
Cash flow hedges		198								(330)	528
Allocation of other comprehensive loss to noncontrolling interests in the Operating Partnership		(19)								(19)
Distributions to noncontrolling interests in consolidated affiliates		(2,047)									(2,047)
Ending balance (in shares) at Jun. 30, 2024					148,979,418
Ending balance at Jun. 30, 2024		$ 1,821,065			$ 1,515,026			264,012		27,749	14,278
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]
(Loss) income from continuing operations		(5,592)						(5,592)			0
Income (loss) from discontinued operations		2,507						2,122			385
Net income (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
Ending balance at Mar. 31, 2025		$ 1,925,295			$ 1,725,212			204,180		(14,304)	10,207
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 (loss) attributable to noncontrolling interests in the Operating Partnership		$ (5,430)
Ending balance (in shares) at Jun. 30, 2025		154,761,232			154,761,232
Ending balance at Jun. 30, 2025		$ 2,302,217			$ 1,726,418			545,087		30,712	0
Beginning balance (in shares) at Mar. 31, 2025					156,007,772
Beginning balance at Mar. 31, 2025		1,925,295			$ 1,725,212			204,180		(14,304)	10,207
Increase (Decrease) in Stockholders' Equity [Roll Forward]
(Loss) income from continuing operations		9,769						9,769			0
Income (loss) from discontinued operations		403,838						404,415			(577)
Deconsolidation of discontinued operations		18,324								29,068	(10,744)
Net income (loss) attributable to noncontrolling interests in the Operating Partnership		(5,476)						(5,476)
Dividends	[2]	(42,387)						(42,387)
Issuance of shares under incentive stock plans (in shares)					315,017
Stock-based incentive compensation		3,628			$ 3,628
Repurchase of common shares (in shares)						(98,148)	(1,472,928)
Repurchase of common shares			$ (2,640)	$ (34,928)		$ (2,640)			$ (34,928)
Adjustment of noncontrolling interests in the Operating Partnership		9,514						9,514
Conversion of units into common shares (in shares)					9,519
Conversion of units into common shares		218			$ 218
Pension and postretirement benefit plans		(2)								(2)
Foreign currency translation adjustment		16,842								16,252	590
Cash flow hedges		1,400								(295)	1,695
Allocation of other comprehensive loss to noncontrolling interests in the Operating Partnership		(7)								(7)
Distributions to noncontrolling interests in consolidated affiliates		$ (1,171)									(1,171)
Ending balance (in shares) at Jun. 30, 2025		154,761,232			154,761,232
Ending balance at Jun. 30, 2025		$ 2,302,217			$ 1,726,418			$ 545,087		$ 30,712	$ 0

[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.