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INVENTORY | 9 Months Ended
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Sep. 30, 2019
Inventory Disclosure [Abstract] |
INVENTORY | INVENTORY As of September 30, 2019 and December 31, 2018, Rayonier’s inventory consisted entirely of finished goods, as follows:
| September 30, 2019 |  | December 31, 2018
Finished goods inventory |  |  |
Real estate inventory (a) |  | $3,795 |  |  |  | $11,919 |
Log inventory | 4,557 |  |  | 3,784 |
Total inventory |  | $8,352 |  |  |  | $15,703 |
(a) Represents the cost of HBU real estate (including capitalized development investments) under contract to be sold. See Note 7 — Higher And Better Use Timberlands and Real Estate Development Investments for additional information.

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- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 330 -URI http://asc.fasb.org/topic&trid=2126998 + Details
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