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EARNINGS PER SHARE AND PER UNIT (Tables)
 6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table provides details of the calculations of basic and diluted earnings per common share of the Company:
Three Months Ended June 30,Six Months Ended June 30,
 2024202320242023
Earnings per common share - basic
Numerator:
Net Income$3,035 $19,096 $5,341 $26,534 
Less: Net income attributable to noncontrolling interests in the Operating Partnership(26)(318)(46)(492)
Less: Net (income) loss attributable to noncontrolling interests in consolidated affiliates(1,106)245 (2,035)1,281 
Net income attributable to Rayonier Inc.$1,903 $19,023 $3,260 $27,323 
Denominator:
Denominator for basic earnings per common share - weighted average shares148,910,214 148,218,436 148,738,795 147,800,265 
Basic earnings per common share attributable to Rayonier Inc.:$0.01 $0.13 $0.02 $0.18 
Earnings per common share - diluted
Numerator:
Net Income$3,035 $19,096 $5,341 $26,534 
Less: Net (income) loss attributable to noncontrolling interests in consolidated affiliates(1,106)245 (2,035)1,281 
Net income attributable to Rayonier Inc., before net income attributable to noncontrolling interests in the Operating Partnership$1,929 $19,341 $3,306 $27,815 
Denominator:
Denominator for basic earnings per common share - weighted average shares148,910,214 148,218,436 148,738,795 147,800,265 
Add: Dilutive effect of:
Stock options— — 82 943 
Performance shares, restricted shares and restricted stock units298,655 269,994 464,463 441,204 
Noncontrolling interests in Operating Partnership units2,059,420 2,476,761 2,118,829 2,785,928 
Denominator for diluted earnings per common share - adjusted weighted average shares151,268,289 150,965,191 151,322,169 151,028,340 
Diluted earnings per common share attributable to Rayonier Inc.:$0.01 $0.13 $0.02 $0.18 
The following table provides details of the calculations of basic and diluted earnings per unit of the Operating Partnership:
Three Months Ended June 30,Six Months Ended June 30,
 2024202320242023
Earnings per unit - basic
Numerator:
Net Income$3,035 $19,096 $5,341 $26,534 
Less: Net (income) loss attributable to noncontrolling interests in consolidated affiliates(1,106)245 (2,035)1,281 
Net income available to unitholders$1,929 $19,341 $3,306 $27,815 
Denominator:
Denominator for basic earnings per unit - weighted average units150,969,634 150,695,197 150,857,624 150,586,193 
Basic earnings per unit attributable to Rayonier, L.P.:$0.01 $0.13 $0.02 $0.18 
Earnings per unit - diluted
Numerator:
Net Income$3,035 $19,096 $5,341 $26,534 
Less: Net (income) loss attributable to noncontrolling interests in consolidated affiliates(1,106)245 (2,035)1,281 
Net income available to unitholders$1,929 $19,341 $3,306 $27,815 
Denominator:
Denominator for basic earnings per unit - weighted average units150,969,634 150,695,197 150,857,624 150,586,193 
Add: Dilutive effect of unit equivalents:
Stock options— — 82 943 
Performance shares, restricted shares and restricted stock units298,655 269,994 464,463 441,204 
Denominator for diluted earnings per unit - adjusted weighted average units151,268,289 150,965,191 151,322,169 151,028,340 
Diluted earnings per unit attributable to Rayonier, L.P.:$0.01 $0.13 $0.02 $0.18 
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Anti-dilutive shares excluded from the computations of diluted earnings per common share:
Stock options, performance shares, restricted shares and restricted stock units205,155 241,316 149,365 152,992 
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Anti-dilutive unit equivalents excluded from the computations of diluted earnings per unit:
Stock options, performance shares, restricted shares and restricted stock units205,155 241,316 149,365 152,992