XML 82 R70.htm IDEA: XBRL DOCUMENT v3.25.3
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Narrative (Details)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Feb. 05, 2025
$ / shares
Jan. 30, 2025
USD ($)
$ / shares
shares
Oct. 01, 2024
USD ($)
Jan. 12, 2024
USD ($)
Dec. 31, 2024
USD ($)
method
$ / shares
Dec. 31, 2024
USD ($)
method
$ / shares
Dec. 31, 2023
USD ($)
$ / shares
Dec. 31, 2022
$ / shares
Jun. 30, 2025
USD ($)
Mar. 09, 2025
Other Ownership Interests [Line Items]                    
Loan term (in years)           10 years        
Conversion ratio on redeemable common units           1        
Deferred revenue         $ 20,902 $ 20,902 $ 19,012      
Long-term deferred revenue         $ 10,697 $ 10,697 $ 11,294      
Number of primary methods or sales channels | method         2 2        
Dividends paid   $ 66,900                
Common shares issued (in shares) | shares   7,600,000                
Dividends (in dollars per share) | $ / shares $ 0.2725       $ 0.285 $ 2.94 $ 1.34 $ 1.125    
Additional cash distributions       $ 500            
Discontinued Operations, Disposed of by Sale | New Zealand Joint Venture                    
Other Ownership Interests [Line Items]                    
Percentage sold                   77.00%
Sale of land consideration                 $ 710,000  
S 2024 A Dividends                    
Other Ownership Interests [Line Items]                    
Dividends (in dollars per share) | $ / shares           1.80        
Cash distributions declared (in dollars per share) | $ / shares           $ 1.80        
Rayonier Limited Partnership                    
Other Ownership Interests [Line Items]                    
Deferred revenue         $ 20,902 $ 20,902 $ 19,012      
Long-term deferred revenue         $ 10,697 $ 10,697 $ 11,294      
Redeemable Operating Partnership Units issued (in shares) | shares   101,000                
Additional cash distributions   $ 900   $ 30,200            
Cash distributions declared (in dollars per share) | $ / shares $ 0.2725       $ 0.285          
Cash distributions paid (in dollars per share) | $ / shares   $ 0.45                
Distributions paid (in dollars per share) | $ / shares   $ 1.35                
Rayonier Limited Partnership | S 2024 A Dividends                    
Other Ownership Interests [Line Items]                    
Cash distributions declared (in dollars per share) | $ / shares           $ 1.80        
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01                    
Other Ownership Interests [Line Items]                    
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period         12 months 12 months        
New Zealand Timber                    
Other Ownership Interests [Line Items]                    
Impairment     $ 0              
Minimum                    
Other Ownership Interests [Line Items]                    
Harvested in months, to be recorded as prepaid logging roads (in months)           24 months        
Useful life (in years)         3 years 3 years        
Life cycle of development projects (in years)           20 years        
Deposit required (as a percent)         2.00% 2.00%        
Minimum | Buildings                    
Other Ownership Interests [Line Items]                    
Useful life (in years)         15 years 15 years        
Minimum | Land Improvements                    
Other Ownership Interests [Line Items]                    
Useful life (in years)         5 years 5 years        
Maximum                    
Other Ownership Interests [Line Items]                    
Harvested in months, to be recorded as prepaid logging roads (in months)           60 months        
Useful life (in years)         25 years 25 years        
Life cycle of development projects (in years)           40 years        
Contract duration (or less) (in years)           1 year        
Deposit required (as a percent)         5.00% 5.00%        
Maximum | Software Costs                    
Other Ownership Interests [Line Items]                    
Useful life (in years)         5 years 5 years        
Maximum | Buildings                    
Other Ownership Interests [Line Items]                    
Useful life (in years)         35 years 35 years        
Maximum | Land Improvements                    
Other Ownership Interests [Line Items]                    
Useful life (in years)         30 years 30 years        
Operating Partnership                    
Other Ownership Interests [Line Items]                    
Ownership interest (as percent)           98.70%        
Ownership interest owned by limited partners (as percent)           1.30%        
CoBank                    
Other Ownership Interests [Line Items]                    
Percent of average loan balance (as a percent)           8.00%        
Historical average loan (in years)           10 years        
Equity purchase percentage by cash (as a percent)         90.00% 90.00%        
Equity percentage equity basis (as a percent)         10.00% 10.00%        
Cash value of stock until retired         $ 0 $ 0        
CoBank | Class A Common Stock                    
Other Ownership Interests [Line Items]                    
Common stock (in dollars per unit) | $ / shares         $ 100 $ 100