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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables) | 6 Months Ended
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Jun. 30, 2023
Equity [Abstract] |
Schedule of Accumulated Other Comprehensive Income (Loss) | The following table summarizes the changes in AOCI by component for the six months ended June 30, 2023 and the year ended December 31, 2022. All amounts are presented net of tax and exclude portions attributable to noncontrolling interests.
| 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, 2021 | $4,215 |  |  | $1,321 |  |  | ($9,163) |  |  | ($11,836) |  |  | ($15,463) |  |  | ($4,141) |  |  | ($19,604) |
Other comprehensive income (loss) before reclassifications | (22,282) |  |  | — |  |  | 78,166 |  | (a) | 874 |  |  | 56,758 |  |  | (1,323) |  |  | 55,435 |
Amounts reclassified from accumulated other comprehensive income (loss) | — |  |  | — |  |  | (1,799) |  |  | 753 |  | (b) | (1,046) |  |  | 1,028 |  |  | (18) |
Net other comprehensive income (loss) | (22,282) |  |  | — |  |  | 76,367 |  |  | 1,627 |  |  | 55,712 |  |  | (295) |  |  | 55,417 |
Balance as of December 31, 2022 | ($18,067) |  |  | $1,321 |  |  | $67,204 |  |  | ($10,209) |  |  | $40,249 |  |  | ($4,436) |  |  | $35,813 |
Other comprehensive (loss) income before reclassifications | (12,342) |  |  | — |  |  | 9,792 |  | (a) | — |  |  | (2,550) |  |  | 88 |  |  | (2,462) |
Amounts reclassified from accumulated other comprehensive income | — |  |  | — |  |  | (10,023) |  |  | 3 |  | (b) | (10,020) |  |  | 964 |  |  | (9,056) |
Net other comprehensive income (loss) | (12,342) |  |  | — |  |  | (231) |  |  | 3 |  |  | (12,570) |  |  | 1,052 |  |  | (11,518) |
Balance as of June 30, 2023 | ($30,409) |  |  | $1,321 |  |  | $66,973 |  |  | ($10,206) |  |  | $27,679 |  |  | ($3,384) |  |  | $24,295 |
(a)The six months ended June 30, 2023 includes $8.0 million of other comprehensive income related to interest rate products. The year ended December 31, 2022 included $75.0 million of other comprehensive income re lated to interest rate products. See Note 7 — Derivative Financial Instruments and Hedging Activities for additional information. (b)This component of other comprehensive income is included in the computation of net periodic pension and post-retirement costs. See Note 15 — Employee Benefit Plans for additional information.
Schedule of Reclassification out of Accumulated Other Comprehensive Income | The following table presents details of the amounts reclassified in their entirety from AOCI to net income for the six months ended June 30, 2023 and June 30, 2022:
Details about accumulated other comprehensive income (loss) components |  | Amount reclassified from accumulated other comprehensive income (loss) |  | Affected line item in the Income Statement
| June 30, 2023 |  | June 30, 2022 |
Realized (gain) loss on foreign currency exchange contracts |  | ($4,005) |  |  | $71 |  |  | Other operating expense, net
Realized loss on foreign currency option contracts |  | (48) |  |  | — |  |  | Other operating expense, net
Noncontrolling interests |  | 932 |  |  | (16) |  |  | Comprehensive loss (income) attributable to noncontrolling interests
Realized (gain) loss on interest rate contracts |  | (7,777) |  |  | 4,617 |  |  | Interest expense
Income tax effect from net gain (loss) on foreign currency contracts |  | 875 |  |  | (15) |  |  | Income tax expense
Net (gain) loss on cash flow hedges reclassified from accumulated other comprehensive income |  | ($10,023) |  |  | $4,657 |  |  |

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