XML 71 R57.htm IDEA: XBRL DOCUMENT v3.25.2
DISCONTINUED OPERATIONS - Schedule of Operating Results of Discontinued Operation (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
(Loss) income from operations of discontinued operations, net of tax $ (625) $ 6,931 $ 1,883 $ 13,747
INCOME FROM DISCONTINUED OPERATIONS 403,838 6,931 406,346 13,747
Less: Net income from discontinued operations attributable to noncontrolling interests in the Operating Partnership (5,347) (79) (5,375) (164)
Less: Net loss (income) from discontinued operations attributable to NCI in consolidated affiliates 577 (1,119) 192 (2,058)
Net income from discontinued operations attributable to Rayonier Inc. 399,068 5,733 401,163 11,525
Discontinued Operations, Disposed of by Sale | New Zealand Joint Venture        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Sales 52,572 73,971 109,332 128,363
Cost of sales (51,461) (64,371) (102,050) (111,428)
Other operating expense, net (1,778) (1,706) (3,400) (1,463)
Costs and Expenses (53,239) (66,077) (105,450) (112,891)
Operating (loss) income from discontinued operations (667) 7,894 3,882 15,472
Interest expense, net (780) (782) (1,508) (1,578)
Interest income 104 319 202 512
(Loss) income from operations of discontinued operations before income taxes (1,343) 7,431 2,576 14,406
Income tax benefit (expense) 718 (500) (693) (659)
(Loss) income from operations of discontinued operations, net of tax (625) 6,931 1,883 13,747
Gain on sale of discontinued operations 404,463 0 404,463 0
INCOME FROM DISCONTINUED OPERATIONS 403,838 6,931 406,346 13,747
Less: Net income from discontinued operations attributable to noncontrolling interests in the Operating Partnership (5,347) (79) (5,375) (164)
Less: Net loss (income) from discontinued operations attributable to NCI in consolidated affiliates 577 (1,119) 192 (2,058)
Net income from discontinued operations attributable to Rayonier Inc. $ 399,068 5,733 401,163 11,525
Transaction costs   $ 500 $ 200 $ 500