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CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical) - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018
Patronage refunds received, netted with interest paid |  | $ 4,700 | $ 4,000 | $ 4,100
Interest share redemption |  | 5,100 |  |
Noncontrolling interests in consolidated affiliates redemption of shares | [1] | 23,290 | 0 | 0
Rayonier Limited Partnership |  |  |  |
Patronage refunds received, netted with interest paid |  | 4,700 | 4,000 | 4,100
Interest share redemption |  | 5,100 |  |
Noncontrolling interests in consolidated affiliates redemption of shares | [2] | $ 23,290 | $ 0 | $ 0
[1] | Represents a capital distribution made by the New Zealand subsidiary in order to redeem certain equity interests, resulting in the recording of a noncontrolling interest share redemption of $5.1 million and a loan payable by the New Zealand subsidiary in the amount of $23.3 million. See Note 6 - Noncontrolling Interests and Note 8 - Debt for further information.
[2] | Represents a capital distribution made by the New Zealand subsidiary in order to redeem certain equity interests, resulting in the recording of a noncontrolling interest share redemption of $5.1 million and a loan payable by the New Zealand subsidiary in the amount of $23.3 million. See Note 6 - Noncontrolling Interests and Note 8 - Debt for further information.

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