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ACCUMULATED OTHER COMPREHENSIVE LOSS | 9 Months Ended
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Sep. 30, 2020
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] |
ACCUMULATED OTHER COMPREHENSIVE LOSS | ACCUMULATED OTHER COMPREHENSIVE LOSS The following table summarizes the changes in AOCI by component for the nine months ended September 30, 2020 and the year ended December 31, 2019. All amounts are presented net of tax and exclude portions attributable to noncontrolling interest.
| Foreign currency translation (loss) gains |  | Net investment hedges of New Zealand subsidiary |  | Cash flow hedges |  | Employee benefit plans |  | Total Rayonier, L.P. |  | Allocation to Operating Partnership |  | Total Rayonier Inc.
Balance as of December 31, 2018 | ($1,010) |  |  | $1,321 |  |  | $21,965 |  |  | ($22,037) |  |  | $239 |  |  | — |  |  | $239 |
Other comprehensive (loss) income before reclassifications | 784 |  |  | — |  |  | (29,251) |  |  | (1,799) |  |  | (30,266) |  |  | — |  |  | (30,266) |
Amounts reclassified from accumulated other comprehensive (loss) income | — |  |  | — |  |  | (1,624) |  |  | 449 |  | (b) | (1,175) |  |  | — |  |  | (1,175) |
Net other comprehensive (loss) income | 784 |  |  | — |  |  | (30,875) |  |  | (1,350) |  |  | (31,441) |  |  | — |  |  | (31,441) |
Balance as of December 31, 2019 | ($226) |  |  | $1,321 |  |  | ($8,910) |  |  | ($23,387) |  |  | ($31,202) |  |  | — |  |  | ($31,202) |
Other comprehensive loss before reclassifications | (6,862) |  |  | — |  |  | (88,723) |  | (a) | — |  |  | (95,585) |  |  | — |  |  | (95,585) |
Amounts reclassified from accumulated other comprehensive (loss) income | — |  |  | — |  |  | 5,519 |  |  | 652 |  | (b) | 6,171 |  |  | (989) |  |  | 5,182 |
Net other comprehensive (loss) income | (6,862) |  |  | — |  |  | (83,204) |  |  | 652 |  |  | (89,414) |  |  | (989) |  |  | (90,403) |
Balance as of September 30, 2020 | ($7,088) |  |  | $1,321 |  |  | ($92,114) |  |  | ($22,735) |  |  | ($120,616) |  |  | ($989) |  |  | ($121,605) |
(a)Includes $91.2 million of other comprehensive loss related to interest rate swaps, treasury locks, interest rate swap locks and forward-starting interest rate swaps. See Note 15 — Derivative Financial Instruments and Hedging Activities for additional information. (b)This component of other comprehensive (loss) income is included in the computation of net periodic pension and post-retirement costs. See Note 17 — Employee Benefit Plans for additional information. The following table presents details of the amounts reclassified in their entirety from AOCI to net income for the nine months ended September 30, 2020 and September 30, 2019:
Details about accumulated other comprehensive (loss) income components |  | Amount reclassified from accumulated other comprehensive (loss) income |  | Affected line item in the income statement
| September 30, 2020 |  | September 30, 2019 |
Realized (gain) loss on foreign currency exchange contracts |  | ($2,568) |  |  | $580 |  |  | Other operating expense, net
Realized loss (gain) on foreign currency option contracts |  | (15) |  |  | (71) |  |  | Other operating expense, net
Noncontrolling interest |  | 594 |  |  | (117) |  |  | Comprehensive (loss) income attributable to noncontrolling interest
Realized loss (gain) on interest rate contracts |  | 6,951 |  |  | (2,414) |  |  | Interest expense
Income tax expense from net gain on foreign currency contracts |  | 557 |  |  | (110) |  |  | Income tax expense
Net loss (gain) from accumulated other comprehensive income |  | $5,519 |  |  | ($2,132) |  |  |

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- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -URI http://asc.fasb.org/topic&trid=2134417 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 + Details
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