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ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables) | 12 Months Ended
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Dec. 31, 2023
Equity [Abstract] |
Schedule of Accumulated Other Comprehensive Income | The following table summarizes the changes in AOCI by component for the years ended December 31, 2023 and 2022. All amounts are presented net of tax and exclude portions attributable to noncontrolling interests.
| Foreign currency translation gains/(losses) |  | Net investment hedges of New Zealand subsidiary |  | Cash flow hedges |  | Employee benefit plans |  | Total Rayonier, L.P. |  | Allocation of 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 (loss) income before reclassifications | (22,282) |  |  | — |  |  | 78,166 |  | (a) | 874 |  |  | 56,758 |  |  | (1,323) |  |  | 55,435 |
Amounts reclassified from accumulated other comprehensive income | — |  |  | — |  |  | (1,799) |  |  | 753 |  | (b) | (1,046) |  |  | 1,028 |  |  | (18) |
Net other comprehensive (loss) income | (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 | (1,466) |  |  | — |  |  | 10,537 |  | (a) | (1,449) |  |  | 7,622 |  |  | (75) |  |  | 7,547 |
Amounts reclassified from accumulated other comprehensive income | — |  |  | — |  |  | (21,895) |  |  | 2,042 |  | (b) | (19,853) |  |  | 1,144 |  |  | (18,709) |
Net other comprehensive (loss) income | (1,466) |  |  | — |  |  | (11,358) |  |  | 593 |  |  | (12,231) |  |  | 1,069 |  |  | (11,162) |
Balance as of December 31, 2023 | ($19,533) |  |  | $1,321 |  |  | $55,846 |  |  | ($9,616) |  |  | $28,018 |  |  | ($3,367) |  |  | $24,651 |
(a)The years ended December 31, 2023 and December 31, 2022 include $10.3 million and $75.0 million, respectively, of other comprehensive income related to interest rate products. See Note 8 — 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. The year ended December 31, 2023 includes a $2.0 million pension settlement charge. See Note 18 — 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 years ended December 31, 2023 and 2022:
Details about accumulated other comprehensive income components |  | Amount reclassified from accumulated other comprehensive income |  | Affected line item in the income statement
| 2023 |  | 2022 |
Realized loss (gain) on foreign currency exchange contracts |  | $7,522 |  |  | ($7,682) |  |  | Other operating (expense) income, net
Realized loss on foreign currency option contracts |  | 446 |  |  | — |  |  | Other operating (expense) income, net
Noncontrolling interest |  | (1,833) |  |  | 1,768 |  |  | Comprehensive income attributable to noncontrolling interests
Realized (gain) loss on interest rate contracts |  | (26,311) |  |  | 2,459 |  |  | Interest expense
Income tax effect from net (loss) gain on foreign currency contracts |  | (1,719) |  |  | 1,656 |  |  | Income tax expense
Net gain on cash flow hedges reclassified from accumulated other comprehensive income |  | ($21,895) |  |  | ($1,799) |  |  |

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