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Segment and Geographical Information | 9 Months Ended
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Sep. 30, 2011
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract] |
Segment Reporting Disclosure [Text Block] |
7. | SEGMENT AND GEOGRAPHICAL INFORMATION
Effective first quarter 2011, the Company renamed its Timber segment, Forest Resources. All prior period amounts previously reported under the Timber segment are now reported under the Forest Resources segment. Rayonier operates in four reportable business segments: Forest Resources, Real Estate, Performance Fibers, and Wood Products. Forest Resources sales include all activities that relate to the harvesting of timber. Real Estate sales include all property sales, including those designated for higher and better use ("HBU"). The assets of the Real Estate segment include HBU property held by the Company’s real estate subsidiary, TerraPointe LLC. The Performance Fibers segment includes two major product lines, cellulose specialties and absorbent materials. The Wood Products segment is comprised of lumber operations. The Company’s remaining operations include harvesting and selling timber acquired from third parties (log trading). These operations are reported in "Other Operations." Sales between operating segments are made based on fair market value, and intercompany sales, purchases and profits (losses) are eliminated in consolidation. The Company evaluates financial performance based on the operating income of the segments. Operating income (loss) as presented in the Condensed Consolidated Statements of Income and Comprehensive Income is equal to segment income (loss). Certain income (loss) items in the Condensed Consolidated Statements of Income and Comprehensive Income are not allocated to segments. These items, which include gains (losses) from certain asset dispositions, interest income (expense), miscellaneous income (expense) and income tax (expense) benefit, are not considered by management to be part of segment operations. Total assets, sales, operating income (loss) and depreciation, depletion and amortization by segment including Corporate were as follows:
| September 30, |  | December 31,
ASSETS | 2011 |  | 2010
Forest Resources | $ | 1,342,022 |  |  | $ | 1,259,925 |
Real Estate | 82,313 |  |  | 85,525 |
Performance Fibers | 617,649 |  |  | 550,875 |
Wood Products | 20,292 |  |  | 19,544 |
Other Operations | 22,980 |  |  | 25,583 |
Corporate and other | 409,465 |  |  | 422,201 |
Total | $ | 2,494,721 |  |  | $ | 2,363,653 |
| Three Months Ended September 30, |  | Nine Months Ended September 30,
SALES | 2011 |  | 2010 |  | 2011 |  | 2010
Forest Resources | $ | 57,265 |  |  | $ | 47,343 |  |  | $ | 162,482 |  |  | $ | 143,368 |
Real Estate | 32,177 |  |  | 45,162 |  |  | 57,945 |  |  | 90,891 |
Performance Fibers | 255,457 |  |  | 246,314 |  |  | 739,426 |  |  | 648,032 |
Wood Products | 16,492 |  |  | 14,652 |  |  | 50,239 |  |  | 52,157 |
Other Operations | 25,950 |  |  | 25,449 |  |  | 94,869 |  |  | 72,803 |
Intersegment Eliminations (a) | (2,250 | ) |  | (1,405 | ) |  | (4,743 | ) |  | (7,326 | )
Total | $ | 385,091 |  |  | $ | 377,515 |  |  | $ | 1,100,218 |  |  | $ | 999,925 |
(a) | Intersegment eliminations primarily reflect sales from our Forest Resources segment to our Performance Fibers segment.
| Three Months Ended September 30, |  | Nine Months Ended September 30,
OPERATING INCOME (LOSS) | 2011 |  | 2010 |  | 2011 |  | 2010
Forest Resources | $ | 10,792 |  |  | $ | 9,151 |  |  | $ | 33,681 |  |  | $ | 26,023 |
Real Estate | 28,077 |  |  | 30,788 |  |  | 40,458 |  |  | 52,325 |
Performance Fibers | 74,897 |  |  | 62,311 |  |  | 221,709 |  |  | 152,158 |
Wood Products | (740 | ) |  | (1,368 | ) |  | (1,274 | ) |  | 2,943 |
Other Operations | 1,122 |  |  | (798 | ) |  | 955 |  |  | 538 |
Corporate and other (b) | (5,838 | ) |  | (8,002 | ) |  | (20,568 | ) |  | (8,701 | )
Total | $ | 108,310 |  |  | $ | 92,082 |  |  | $ | 274,961 |  |  | $ | 225,286 |
(b) | Nine months ended September 30, 2010 include a $12.4 million gain from the sale of a portion of the Company's interest in its New Zealand JV. See Note 5 — Joint Venture Investment for additional information.
| Three Months Ended September 30, |  | Nine Months Ended September 30,
DEPRECIATION, DEPLETION AND AMORTIZATION | 2011 |  | 2010 |  | 2011 |  | 2010
Forest Resources | $ | 16,614 |  |  | $ | 14,813 |  |  | $ | 47,866 |  |  | $ | 48,819 |
Real Estate | 5,677 |  |  | 9,284 |  |  | 10,598 |  |  | 21,286 |
Performance Fibers | 15,592 |  |  | 13,922 |  |  | 40,089 |  |  | 41,929 |
Wood Products | 689 |  |  | 936 |  |  | 2,344 |  |  | 3,080 |
Corporate and other | 323 |  |  | 210 |  |  | 861 |  |  | 573 |
Total | $ | 38,895 |  |  | $ | 39,165 |  |  | $ | 101,758 |  |  | $ | 115,687 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599 Reference 15: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 + Details
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