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EARNINGS PER SHARE AND PER UNIT - Schedule of Earnings Per Share, Basic and Diluted (Details) - USD ($) $ / shares in Units, $ in Thousands | 3 Months Ended
--- | ---
Mar. 31, 2021 | Mar. 31, 2020
Numerator: |  |
Net income | $ 15,032 | $ 26,421
Less: Net income attributable to noncontrolling interests in the Operating Partnership | (341) | 0
Less: Net income attributable to noncontrolling interests in consolidated affiliates | (3,843) | (567)
Net income attributable to Rayonier Inc. | $ 10,848 | $ 25,854
Denominator: |  |
Denominator for basic earnings per common share - weighted average shares (in shares) | 137,870,821 | 129,137,494
Basic earnings per common share attributable to Rayonier Inc (in dollars per share) | $ 0.08 | $ 0.20
Numerator: |  |
Net income | $ 15,032 | $ 26,421
Less: Net income attributable to noncontrolling interests in the Operating Partnership | 341 | 0
Less: Net income attributable to noncontrolling interests in consolidated affiliates | 3,843 | 567
Net income attributable to Rayonier Inc., before net income attributable to noncontrolling interests in the Operating Partnership | $ 11,189 | $ 25,854
Denominator: |  |
Denominator for basic earnings per common share - weighted average shares (in shares) | 137,870,821 | 129,137,494
Add: Dilutive effect of: |  |
Stock options (in shares/units) | 4,051 | 1,075
Performance shares,restricted shares and restricted stock units (in shares/units) | 353,131 | 209,481
Noncontrolling interest in common units (in shares) | 4,330,794 | 0
Denominator for diluted (loss) earnings per common share - adjusted weighted average shares (in shares/units) | 142,558,797 | 129,348,050
Diluted earnings per common share attributable to Rayonier Inc. (in dollars per share) | $ 0.08 | $ 0.20
Rayonier Limited Partnership |  |
Numerator: |  |
Net income | $ 15,032 | $ 26,421
Less: Net income attributable to noncontrolling interests in consolidated affiliates | (3,843) | (567)
Net income attributable to Rayonier Inc. | $ 11,189 | $ 25,854
Denominator: |  |
Denominator for basic earnings per unit - weighted average units (in units) | 142,201,615 | 129,137,494
Basic earnings per unit attributable to Rayonier, L.P. (in dollars per unit) | $ 0.08 | $ 0.20
Numerator: |  |
Net income | $ 15,032 | $ 26,421
Less: Net income attributable to noncontrolling interests in consolidated affiliates | $ 3,843 | $ 567
Denominator: |  |
Denominator for basic earnings per unit - weighted average units (in units) | 142,201,615 | 129,137,494
Add: Dilutive effect of: |  |
Stock options (in shares/units) | 4,051 | 1,075
Performance shares,restricted shares and restricted stock units (in shares/units) | 353,131 | 209,481
Denominator for diluted (loss) earnings per common share - adjusted weighted average shares (in shares/units) | 142,558,797 | 129,348,050
Diluted earnings per unit attributable to Rayonier, L.P. (in dollars per unit) | $ 0.08 | $ 0.20

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