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Quarterly Results for 2015 and 2014 (UNAUDITED) | 12 Months Ended
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Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Results for 2015 and 2014 (UNAUDITED) | QUARTERLY RESULTS FOR 2015 and 2014 (UNAUDITED) (thousands of dollars, except per share amounts)
| Quarter Ended |  | Total Year
| March 31 |  | June 30 |  | Sept. 30 |  | Dec. 31 |
2015 |  |  |  |  |  |  |  |  |
Sales |  | $140,305 |  |  |  | $115,801 |  |  |  | $151,657 |  |  |  | $137,111 |  |  |  | $544,874 |
Cost of sales | 107,234 |  |  | 103,689 |  |  | 116,044 |  |  | 114,132 |  |  | 441,099 |
Net income (loss) | 18,180 |  |  | (2,860 | ) |  | 19,181 |  |  | 9,440 |  |  | 43,941 |
Net income (loss) attributable to Rayonier Inc. | 17,747 |  |  | (1,536 | ) |  | 19,669 |  |  | 10,285 |  |  | 46,165 |
Basic EPS attributable to Rayonier Inc. |  |  |  |  |  |  |  |  |
Net Income (Loss) |  | $0.14 |  |  |  | ($0.01 | ) |  |  | $0.16 |  |  |  | $0.08 |  |  |  | $0.37 |
Diluted EPS attributable to Rayonier Inc. |  |  |  |  |  |  |  |  |
Net Income (Loss) |  | $0.14 |  |  |  | ($0.01 | ) |  |  | $0.16 |  |  |  | $0.08 |  |  |  | $0.37 |
2014 |  |  |  |  |  |  |  |  |
Sales | 143,187 |  |  | 163,145 |  |  | 149,829 |  |  | 147,360 |  |  | 603,521 |
Cost of sales | 115,900 |  |  | 123,096 |  |  | 118,088 |  |  | 126,776 |  |  | 483,860 |
Income from continuing operations | 10,335 |  |  | 4,024 |  |  | 32,059 |  |  | 8,025 |  |  | 54,443 |
Income from discontinued operations | 31,008 |  |  | 12,084 |  |  | — |  |  | 311 |  |  | 43,403 |
Net income | 41,343 |  |  | 16,108 |  |  | 32,059 |  |  | 8,336 |  |  | 97,846 |
Net income attributable to Rayonier Inc. | 41,426 |  |  | 16,353 |  |  | 32,701 |  |  | 8,857 |  |  | 99,337 |
Basic EPS attributable to Rayonier Inc. |  |  |  |  |  |  |  |  |
Continuing Operations |  | $0.08 |  |  |  | $0.03 |  |  |  | $0.26 |  |  |  | $0.07 |  |  |  | $0.44 |
Discontinued Operations | 0.25 |  |  | 0.10 |  |  | — |  |  | — |  |  | 0.34 |
Net Income |  | $0.33 |  |  |  | $0.13 |  |  |  | $0.26 |  |  |  | $0.07 |  |  |  | $0.78 |
Diluted EPS attributable to Rayonier Inc. |  |  |  |  |  |  |  |  |
Continuing Operations |  | $0.08 |  |  |  | $0.03 |  |  |  | $0.25 |  |  |  | $0.07 |  |  |  | $0.43 |
Discontinued Operations | 0.24 |  |  | 0.09 |  |  | — |  |  | — |  |  | 0.33 |
Net Income |  | $0.32 |  |  |  | $0.12 |  |  |  | $0.25 |  |  |  | $0.07 |  |  |  | $0.76 |
Rayonier completed the spin-off of its Performance Fibers business on June 27, 2014, as discussed at Note 21 — Discontinued Operations. Accordingly, the operating results of this business is reported as discontinued operations in the Company’s 2014 Consolidated Statement of Income and Comprehensive Income, including the quarterly periods shown above.

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- Definition The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=51655806&loc=d3e765-108305 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=51825399&loc=d3e1280-108306 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=51655806&loc=d3e725-108305 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 6 -Section G -Subsection 1 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 302 -Paragraph a + Details
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