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(LOSS) EARNINGS PER SHARE AND PER UNIT (Tables) | 3 Months Ended
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Mar. 31, 2026
Earnings Per Share [Abstract] |
Schedule of Loss Per Share, Basic and Diluted | The following table provides details of the calculation of basic (loss) earnings per common share of the Company:
|  |  | Three Months Ended March 31,
|  |  |  |  | 2026 |  | 2025
Basic (loss) earnings per common share |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |
Net loss from continuing operations |  |  |  |  | ($12,514) |  |  | ($5,592) |
Less: Net loss from continuing operations attributable to NCI in the Operating Partnership |  |  |  |  | 82 |  |  | 74 |
Net loss from continuing operations attributable to Rayonier Inc. |  |  |  |  | ($12,432) |  |  | ($5,518) |
Net income from discontinued operations |  |  |  |  | — |  |  | $2,507 |
Less: Net income from discontinued operations attributable to NCI in the Operating Partnership |  |  |  |  | — |  |  | (28) |
Less: Net income from discontinued operations attributable to NCI in consolidated affiliates |  |  |  |  | — |  |  | (385) |
Net income from discontinued operations attributable to Rayonier Inc. |  |  |  |  | — |  |  | $2,094 |
Net loss |  |  |  |  | ($12,514) |  |  | ($3,085) |
Less: Net loss attributable to NCI in the Operating Partnership |  |  |  |  | 82 |  |  | 46 |
Less: Net income attributable to NCI in consolidated affiliates |  |  |  |  | — |  |  | (385) |
Net loss attributable to Rayonier Inc. |  |  |  |  | ($12,432) |  |  | ($3,424) |
Denominator: |  |  |  |  |  |  |
Denominator for basic (loss) earnings per common share - weighted average shares |  |  |  |  | 255,954,391 |  |  | 153,677,854 |
Basic (loss) earnings per common share attributable to Rayonier Inc.: |  |  |  |  |  |  |
Continuing operations |  |  |  |  | ($0.05) |  |  | ($0.04) |
Discontinued operations |  |  |  |  | — |  |  | $0.01 |
Basic loss per common share |  |  |  |  | ($0.05) |  |  | ($0.02) |
The following table provides details of the calculation of diluted (loss) earnings per common share of the Company:
|  |  | Three Months Ended March 31,
|  |  |  |  | 2026 |  | 2025
Diluted (loss) earnings per common share |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |
Net loss from continuing operations |  |  |  |  | ($12,514) |  |  | ($5,592) |
Less: Net loss from continuing operations attributable to NCI in the Operating Partnership (a) |  |  |  |  | 82 |  |  | 74 |
Net loss from continuing operations attributable to Rayonier Inc. used for determining diluted loss per common share |  |  |  |  | ($12,432) |  |  | ($5,518) |
Net income from discontinued operations |  |  |  |  | — |  |  | $2,507 |
Less: Net income from discontinued operations attributable to NCI in the Operating Partnership (a) |  |  |  |  | — |  |  | (28) |
Less: Net income from discontinued operations attributable to NCI in consolidated affiliates |  |  |  |  | — |  |  | (385) |
Net income from discontinued operations attributable to Rayonier Inc. used for determining diluted earnings per common share |  |  |  |  | — |  |  | $2,094 |
Net loss |  |  |  |  | ($12,514) |  |  | ($3,085) |
Less: Net loss attributable to NCI in the Operating Partnership (a) |  |  |  |  | 82 |  |  | 46 |
Less: Net income attributable to NCI in consolidated affiliates |  |  |  |  | — |  |  | (385) |
Net loss attributable to Rayonier Inc. used for determining diluted loss per common share |  |  |  |  | ($12,432) |  |  | ($3,424) |
Denominator: |  |  |  |  |  |  |
Denominator for diluted (loss) earnings per common share - weighted average shares (b) |  |  |  |  | 255,954,391 |  |  | 153,677,854 |
Diluted (loss) earnings per common share attributable to Rayonier Inc.: |  |  |  |  |  |  |
Continuing operations |  |  |  |  | ($0.05) |  |  | ($0.04) |
Discontinued operations |  |  |  |  | — |  |  | $0.01 |
Diluted loss per common share |  |  |  |  | ($0.05) |  |  | ($0.02) |
The following table provides details of the calculation of basic (loss) earnings per unit of the Operating Partnership:
|  |  | Three Months Ended March 31,
|  |  |  |  | 2026 |  | 2025
Basic (loss) earnings per unit |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |
Net loss from continuing operations available to unitholders |  |  |  |  | ($12,514) |  |  | ($5,592) |
Net income from discontinued operations |  |  |  |  | — |  |  | $2,507 |
Less: Net income from discontinued operations attributable to NCI in consolidated affiliates |  |  |  |  | — |  |  | (385) |
Net income from discontinued operations available to unitholders |  |  |  |  | — |  |  | $2,122 |
Net loss |  |  |  |  | ($12,514) |  |  | ($3,085) |
Less: Net income attributable to NCI in consolidated affiliates |  |  |  |  | — |  |  | (385) |
Net loss available to unitholders |  |  |  |  | ($12,514) |  |  | ($3,470) |
Denominator: |  |  |  |  |  |  |
Denominator for basic (loss) earnings per unit - weighted average units |  |  |  |  | 257,636,937 |  |  | 155,731,594 |
Basic (loss) earnings per unit attributable to Rayonier, L.P.: |  |  |  |  |  |  |
Continuing operations |  |  |  |  | ($0.05) |  |  | ($0.04) |
Discontinued operations |  |  |  |  | — |  |  | $0.01 |
Basic loss per unit |  |  |  |  | ($0.05) |  |  | ($0.02) |
The following table provides details of the calculation of diluted (loss) earnings per unit of the Operating Partnership:
|  |  | Three Months Ended March 31,
|  |  |  |  | 2026 |  | 2025
Diluted (loss) earnings per unit |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |
Net loss from continuing operations available to unitholders |  |  |  |  | ($12,514) |  |  | ($5,592) |
Net income from discontinued operations |  |  |  |  | — |  |  | $2,507 |
Less: Net income from discontinued operations attributable to NCI in consolidated affiliates |  |  |  |  | — |  |  | (385) |
Net income from discontinued operations available to unitholders |  |  |  |  | — |  |  | $2,122 |
Net loss |  |  |  |  | ($12,514) |  |  | ($3,085) |
Less: Net income attributable to NCI in consolidated affiliates |  |  |  |  | — |  |  | (385) |
Net loss available to unitholders |  |  |  |  | ($12,514) |  |  | ($3,470) |
Denominator: |  |  |  |  |  |  |
Denominator for diluted (loss) earnings per unit - weighted average units (a) |  |  |  |  | 257,636,937 |  |  | 155,731,594 |
Diluted (loss) earnings per unit attributable to Rayonier, L.P.: |  |  |  |  |  |  |
Continuing operations |  |  |  |  | ($0.05) |  |  | ($0.04) |
Discontinued operations |  |  |  |  | — |  |  | $0.01 |
Diluted loss per unit |  |  |  |  | ($0.05) |  |  | ($0.02) |
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share |
|  |  | Three Months Ended March 31,
|  |  |  |  | 2026 |  | 2025
Anti-dilutive shares excluded from the computations of diluted (loss) earnings per common share: |  |  |  |  |  |  |
Performance shares, restricted stock units, noncontrolling interests in Operating Partnership units, and contingently issuable shares and units from special dividend (b) |  |  |  |  | 2,638,830 |  |  | 5,019,873 |
(a)For the quarters ended March 31, 2026 and 2025, net loss attributable to NCI in the Operating Partnership was included in the numerator for diluted (loss) earnings attributable to Rayonier Inc. due to a loss from continuing operations. (b)For the quarters ended March 31, 2026 and 2025, the effect of anti-dilutive securities related to performance shares, restricted stock units and contingently issuable shares and units from the special dividend were not included in the denominator of calculating diluted (loss) earnings per share due to a loss from continuing operations. Also, as a result of the net loss from continuing operations attributable to Rayonier Inc. during the three months ended March 31, 2026 and 2025, the incremental shares related to noncontrolling interests in Operating Partnership units were excluded from the denominator of diluted (loss) earnings per share.
|  |  | Three Months Ended March 31,
|  |  |  |  | 2026 |  | 2025
Anti-dilutive unit equivalents excluded from the computations of diluted (loss) earnings per unit: |  |  |  |  |  |  |
Performance shares, restricted stock units, and contingently issuable shares and units from special dividend (a) |  |  |  |  | 956,284 |  |  | 2,966,133 |
(a)For the quarters ended March 31, 2026 and 2025, the effect of anti-dilutive securities related to performance shares, restricted stock units and contingently issuable shares and units from the special dividend were not included in the denominator of calculating diluted (loss) earnings per unit due to a loss from continuing operations.

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- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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