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INCOME TAXES - Effective Income Tax Rate Reconciliation (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Effective Income Tax Rate Reconciliation, Amount [Abstract]      
U.S. federal statutory income tax rate $ (38,560) $ (27,758) $ (47,280)
U.S. and foreign REIT income 47,616 29,732 44,316
Matariki Group and Rayonier New Zealand Ltd (3,681) (5,038) (12,927)
Change in valuation allowance (9,574) (3,939) 9,111
REIT Built-in Gain 0 (2,516) (2,215)
Foreign income tax withholding (1,148) (1,239) (505)
Sale of Timber Funds 0 0 (2,399)
State Income Tax, Net of Federal Benefit 1,322 1,424 0
Bainbridge Landing JV, NCI 0 2,496 0
Other (1,097) (2,551) (2,762)
Income tax expense as reported for net income $ (5,122) $ (9,389) $ (14,661)
Effective Income Tax Rate Reconciliation, Percent [Abstract]      
U.S. federal statutory income tax rate (21.00%) (21.00%) (21.00%)
U.S. and foreign REIT income 25.90% 22.50% 19.70%
Matariki Group and Rayonier New Zealand Ltd (2.00%) (3.80%) (5.70%)
Change in valuation allowance (5.20%) (3.00%) 4.00%
REIT Built-in Gain 0.00% (1.90%) (1.00%)
Foreign income tax withholding (0.60%) (0.90%) (0.20%)
Sale of Timber Funds 0.00% 0.00% (1.10%)
State Income Tax, Net of Federal Benefit 0.70% 1.10% 0.00%
Bainbridge Landing JV, NCI 0.00% 1.80% 0.00%
Other (0.60%) (1.90%) (1.20%)
Income tax expense as reported for net income (2.80%) (7.10%) (6.50%)