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Document and Entity Information Document - shares	9 Months Ended
Document and Entity Information Document - shares	Sep. 30, 2012	Oct. 18, 2012
Document and Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2012
Document Fiscal Year Focus	2012
Document Fiscal Period Focus	Q3
Trading Symbol	RYN
Entity Registrant Name	RAYONIER INC.
Entity Central Index Key	0000052827
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		123,205,340

Condensed Consolidated Statements of Income and Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011	Dec. 31, 2011
SALES	$ 408,988	$ 385,091	$ 1,136,694	$ 1,100,218
Costs and Expenses
Cost of sales	278,651	266,184	794,519	786,467
Selling and general expenses	15,837	15,762	51,705	48,187
Other operating expense (income), net (Note 15)	1,392	(4,171)	(5,054)	(5,580)
Costs and Expenses, Total	295,880	277,775	841,170	829,074
Equity in income of New Zealand joint venture	66	994	250	3,817
OPERATING INCOME	113,174	108,310	295,774	274,961
Interest expense	(8,253)	(12,356)	(36,133)	(38,300)
Interest and miscellaneous income, net	234	331	294	935
INCOME BEFORE INCOME TAXES	105,155	96,285	259,935	237,596
Income tax (expense) benefit	(24,595)	8,624	(56,859)	(17,822)
NET INCOME	80,560	104,909	203,076	219,774	$ 276,005
OTHER COMPREHENSIVE INCOME (LOSS)
Foreign currency translation adjustment	5,373	3,584	3,115	11,314	3,546
New Zealand joint venture cash flow hedges	878	(630)	86	(498)	(2,373)
Amortization of losses from pension and postretirement plans, net of income tax expense of $1,482, $1,017, $4,332 and $2,871	3,401	2,261	9,943	6,449	$ (46,263)
Total other comprehensive income	9,652	5,215	13,144	17,265
COMPREHENSIVE INCOME	$ 90,212	$ 110,124	$ 216,220	$ 237,039
EARNINGS PER COMMON SHARE (Note 2)
Basic earnings per share	$ 0.66	$ 0.86	$ 1.66	$ 1.81
Diluted earnings per share	0.62	0.84	1.58	1.75
Dividends per share	$ 0.44	$ 0.40	$ 1.24	$ 1.12	$ 1.52

Condensed Consolidated Statements of Income and Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Amortization of losses from pension and postretirement benefit plans, income tax expense	$ 1,482	$ 1,017	$ 4,332	$ 2,871

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2012	Dec. 31, 2011
CURRENT ASSETS
Cash and cash equivalents	$ 215,475	$ 78,603
Accounts receivable, less allowance for doubtful accounts of $418 and $399	109,943	95,008
Inventory
Finished goods	95,026	96,261
Work in progress	6,421	5,544
Raw materials	17,337	18,295
Manufacturing and maintenance supplies	2,299	1,898
Total inventory	121,083	121,998
Prepaid and other current assets	78,680	48,893
Total current assets	525,181	344,502
TIMBER AND TIMBERLANDS, NET OF DEPLETION AND AMORTIZATION	1,489,889	1,503,711
PROPERTY, PLANT AND EQUIPMENT
Land	29,021	26,917
Buildings	143,854	140,269
Machinery and equipment	1,412,283	1,355,897
Construction in progress	218,365	96,097
Total property, plant and equipment, gross	1,803,523	1,619,180
Less—accumulated depreciation	(1,173,712)	(1,157,628)
Total property, plant and equipment, net	629,811	461,552
INVESTMENT IN JOINT VENTURE (Note 5)	70,189	69,219
OTHER ASSETS	198,798	190,364
TOTAL ASSETS	2,913,868	2,569,348
CURRENT LIABILITIES
Accounts payable	91,662	72,873
Current maturities of long-term debt	41,268	28,110
Accrued taxes	64,722	5,223
Accrued payroll and benefits	25,066	26,846
Accrued interest	17,401	7,044
Accrued customer incentives	9,620	10,369
Other current liabilities	28,398	17,855
Current liabilities for dispositions and discontinued operations (Note 10)	8,929	9,931
Total current liabilities	287,066	178,251
LONG-TERM DEBT	967,785	819,229
NON-CURRENT LIABILITIES FOR DISPOSITIONS AND DISCONTINUED OPERATIONS (Note 10)	75,524	80,893
PENSION AND OTHER POSTRETIREMENT BENEFITS (Note 12)	140,153	140,623
OTHER NON-CURRENT LIABILITIES	25,374	27,279
COMMITMENTS AND CONTINGENCIES (Notes 9 and 11)
SHAREHOLDERS’ EQUITY
Common Shares, 480,000,000 and 240,000,000 shares authorized, 123,189,001 and 122,035,177 shares issued and outstanding	662,504	630,286
Retained earnings	855,766	806,235
Accumulated other comprehensive loss	(100,304)	(113,448)
TOTAL SHAREHOLDERS' EQUITY	1,417,966	1,323,073
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 2,913,868	$ 2,569,348

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2012	Dec. 31, 2011
Current Assets:
Accounts receivable, allowance for doubtful accounts	$ 418	$ 399
Shareholders' Equity:
Common stock, shares authorized	480,000,000	240,000,000
Common stock, shares issued	123,189,001	122,035,177
Common stock, shares outstanding	123,189,001	122,035,177

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
OPERATING ACTIVITIES
Net Income	$ 203,076	$ 219,774
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation, depletion and amortization	102,499	101,758
Non-cash cost of real estate sold	3,005	3,108
Stock-based incentive compensation expense	12,212	11,793
Amortization of debt discount/premium	5,367	6,471
Deferred income taxes	(17,688)	(5,967)
Amortization of losses from pension and postretirement plans	14,275	9,320
Non-cash adjustments to unrecognized tax benefit liability	0	(16,000)
Other	(2,701)	(5,177)
Changes in operating assets and liabilities:
Receivables	(14,169)	(24,071)
Inventories	(646)	(8,435)
Accounts payable	(13,326)	6,346
Income tax receivable/payable	52,189	29,483
All other operating activities	16,416	4,782
Expenditures for dispositions and discontinued operations	(6,867)	(6,915)
CASH PROVIDED BY OPERATING ACTIVITIES	353,642	326,270
INVESTING ACTIVITIES
Capital expenditures	(112,015)	(87,156)
Purchase of timberlands	(11,632)	(94,162)
Jesup mill cellulose specialties expansion (gross purchases of $130,718 and $14,567, net of purchases on account of $25,936 and $6,508)	(104,782)	(8,059)
Change in restricted cash	(12,796)	8,323
Other	4,281	513
CASH USED FOR INVESTING ACTIVITIES	(236,944)	(180,541)
FINANCING ACTIVITIES
Issuance of debt	355,000	180,000
Repayment of debt	(198,653)	(180,000)
Dividends paid	(152,358)	(136,563)
Proceeds from the issuance of common shares	20,732	8,248
Excess tax benefits on stock-based compensation	7,057	4,951
Debt issuance costs	(3,698)	(2,027)
Repurchase of common shares	(7,783)	(7,909)
CASH PROVIDED BY (USED FOR) FINANCING ACTIVITIES	20,297	(133,300)
EFFECT OF EXCHANGE RATE CHANGES ON CASH	(123)	393
CASH AND CASH EQUIVALENTS
Change in cash and cash equivalents	136,872	12,822
Balance, beginning of year	78,603	349,463
Balance, end of period	215,475	362,285
Cash paid during the period:
Interest	18,239	23,706
Income taxes	14,912	4,992
Non-cash investing activity:
Capital assets purchased on account	$ 52,727	$ 16,504

Condensed Consolidated Statements of Cash Flows (Parenthetical) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
Investing Activities:
Jesup mill cellulose specialties expansion, gross purchases	$ 130,718	$ 14,567
Jesup mill cellulose specialties expansion, purchases on account	$ 25,936	$ 6,508

Basis Of Presentation (Notes)

9 Months Ended

Sep. 30, 2012

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Basis of Presentation [Text Block]


1.	BASIS OF PRESENTATION

Basis of Presentation

The unaudited condensed consolidated financial statements and notes thereto of Rayonier Inc. and its subsidiaries ("Rayonier" or the "Company") have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and in accordance with the rules and regulations of the Securities and Exchange Commission ("SEC"). In the opinion of management, these financial statements and notes reflect all adjustments (all of which are normal recurring adjustments) necessary for a fair presentation of the results of operations, financial position and cash flows for the periods presented. These statements and notes should be read in conjunction with the financial statements and supplementary data included in the Company's Annual Report on Form 10-K for the year ended December 31, 2011, as filed with the SEC.

Subsequent Events

The Company evaluated events and transactions that occurred after the balance sheet date but before financial statements were issued, and two subsequent events were identified that warranted disclosure. See Note 13 — Debt for additional information.

Earnings Per Common Share (Notes)

9 Months Ended

Sep. 30, 2012

Earnings Per Share [Abstract]

Earnings Per Common Share [Text Block]


2.	EARNINGS PER COMMON SHARE

The following table provides details of the calculations of basic and diluted earnings per common share:



	Three Months Ended September 30,				Nine Months Ended September 30,
	2012		2011		2012		2011
Net income	$	80,560	$	104,909	$	203,076	$	219,774
Shares used for determining basic earnings per common share	122,848,705		121,790,059		122,552,910		121,665,644
Dilutive effect of:
Stock options	603,761		689,643		667,960		716,095
Performance and restricted shares	755,884		1,179,047		735,653		1,121,909
Assumed conversion of Senior Exchangeable Notes (a) (b)	3,683,936		1,823,600		3,148,423		1,883,270
Assumed conversion of warrants (a) (b)	2,067,380		117,260		1,443,606		143,182
Shares used for determining diluted earnings per common share	129,959,666		125,599,609		128,548,552		125,530,100
Basic earnings per common share	$	0.66	$	0.86	$	1.66	$	1.81
Diluted earnings per common share	$	0.62	$	0.84	$	1.58	$	1.75



	Three Months Ended September 30,		Nine Months Ended September 30,
	2012	2011	2012	2011
Anti-dilutive shares excluded from the computations of diluted earnings per share:
Stock options, performance and restricted shares	123,217	142,135	261,759	198,594
Assumed exercise of exchangeable note hedges (a)	3,683,936	1,823,600	3,148,423	1,883,270
Total	3,807,153	1,965,735	3,410,182	2,081,864

(a) Upon maturity of the Senior Exchangeable Notes (the "Notes"), Rayonier will not issue additional shares for the full difference between the strike price and the market price due to the offsetting exchangeable note hedges (the "hedges"). However, Accounting Standards Codification 260, Earnings Per Share requires the assumed conversion of the Notes to be included in dilutive shares if the average stock price for the period exceeds the strike prices, while the assumed exercise of the hedges are excluded since they are anti-dilutive. Rayonier will distribute additional shares upon maturity of the warrants if the stock price exceeds the strike prices of $41.50 for the Notes due 2012 and $39.58 for the Notes due 2015. For additional information on the potential dilutive impact of the Senior Exchangeable Notes, warrants and exchangeable note hedges, see Note 11 — Debt in the 2011 Annual Report on Form 10-K and Note 13 — Debt of this Form 10-Q.

(b) The higher number of shares in 2012 was primarily due to an increase in the average stock price from $40.93 for the three months ended September 30, 2011 to $48.13 for the three months ended September 30, 2012 and from $41.14 for the nine months ended September 30, 2011 to $45.65 for the nine months ended September 30, 2012.

Income Taxes (Notes)

9 Months Ended

Sep. 30, 2012

Income Tax Disclosure [Abstract]

Income Taxes [Text Block]


3.	INCOME TAXES

Rayonier is a real estate investment trust ("REIT"). In general, only the taxable REIT subsidiaries, whose businesses include the Company's non-REIT qualified activities, are subject to corporate income taxes. However, the Company is subject to U.S. federal corporate income tax on built-in gains (the excess of fair market value over tax basis for property held upon REIT election at January 1, 2004) on taxable sales of such property during calendar years 2004 through 2010 and 2012 through 2013. In 2011, the law provided a built-in-gains tax holiday. Accordingly, the provision for corporate income taxes relates principally to current and deferred taxes on taxable REIT subsidiaries' income and certain property sales.

Unrecognized Tax Benefits

During the third quarter of 2011, the Company received a final examination report from the U.S. Internal Revenue Service ("IRS") regarding Rayonier TRS Holdings Inc. ("TRS") 2009 tax return. As a result, the Company reversed the uncertain tax liability recorded in 2009 relating to the taxability of the alternative fuel mixture credit and recognized a $16 million tax benefit in the third quarter of 2011.

Alternative Fuel Mixture Credit ("AFMC") and Cellulosic Biofuel Producer Credit ("CBPC")

The U.S. Internal Revenue Code allowed two credits for taxpayers that produced and used an alternative fuel in the operation of their business through December 31, 2009. The AFMC is a $.50 per gallon refundable, non-taxable excise tax credit, while the CBPC is a $1.01 per gallon credit that is nonrefundable, taxable and has limitations based on an entity's tax liability. Rayonier produces and uses an alternative fuel ("black liquor") at its Jesup, Georgia and Fernandina Beach, Florida Performance Fibers mills, which qualified for both credits. The Company claimed the AFMC on its 2009 tax return.

In the third quarters of 2012 and 2011, management approved the exchange of approximately 22 million gallons and 11 million gallons, respectively, of black liquor previously claimed for the AFMC for the CBPC. The total number of exchange gallons approved year-to-date were 82 million and 41 million for 2012 and 2011, respectively. The third quarter impact of the exchange was $2.6 million and $2.0 million for 2012 and 2011, respectively. The year-to-date impact was $11.7 million and $6.1 million for 2012 and 2011, respectively. For additional information on the AFMC and CBPC, see Note 8 — Income Taxes in the Company's Annual Report on Form 10-K for the year ended December 31, 2011.

During the second quarter 2012, Rayonier recognized $3.4 million of interest expense related to the exchange; however, in August, the IRS released guidance stating interest payments are not required for AFMC funds exchanged for the CBPC, based upon the manner of the Company's original claim. As a result, in the third quarter Rayonier reversed the $3.4 million of interest expense previously recorded.

Effective Tax Rate

The Company's effective tax rate is below the 35 percent U.S. statutory tax rate primarily due to tax benefits associated with being a REIT. The Company's effective tax rates in 2012 were higher than 2011. The change was primarily due to tax benefits received in 2011, including the reversal of the reserve related to the taxability of the AFMC and a $9.3 million benefit associated with the structuring of a transfer of higher and better use properties to the taxable REIT subsidiary from the REIT.

The tables below reconcile the U.S. statutory rate to the Company's effective tax rate for each period presented (in millions of dollars).



	Three Months Ended September 30,
	2012					2011
Income tax expense at federal statutory rate	$	37		35.0	%	$	34		35.0	%
REIT income not subject to tax	(6		)	(5.7	)%	(11		)	(11.3	)%
Other	(3		)	(2.9	)%	(4		)	(3.7	)%
Income tax expense before non-routine items	28			26.4	%	19			20.0	%
AFMC for CBPC exchange	(3		)	(3.0	)%	(2		)	(2.1	)%
AFMC reserve reversal	—			—		(16		)	(16.6	)%
Installment note prepayment	—			—		(9		)	(9.3	)%
Built-in gains tax holiday	—			—		(1		)	(1.0	)%
Income tax expense (benefit) as reported	$	25		23.4	%	$	(9	)	(9.0	)%



	Nine Months Ended September 30,
	2012					2011
Income tax expense at federal statutory rate	$	91		35.0	%	$	83		35.0	%
REIT income not subject to tax	(18		)	(7.0	)%	(25		)	(10.6	)%
Other	(4		)	(1.6	)%	(5		)	(1.9	)%
Income tax expense before non-routine items	69			26.4	%	53			22.5	%
AFMC for CBPC exchange	(12		)	(4.5	)%	(6		)	(2.6	)%
AFMC reserve reversal	—			—		(16		)	(6.7	)%
Installment note prepayment	—			—		(9		)	(3.9	)%
Built-in gains tax holiday	—			—		(4		)	(1.8	)%
Income tax expense as reported	$	57		21.9	%	$	18		7.5	%

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

+ Details

Restricted Deposits (Notes)

9 Months Ended

Sep. 30, 2012

Restricted Cash and Investments [Abstract]

Restricted Deposits [Text Block]


4.	RESTRICTED DEPOSITS

In order to qualify for like-kind exchange ("LKE") treatment, the proceeds from certain real estate sales must be deposited with a qualified third-party intermediary. These proceeds are accounted for as restricted cash until suitable replacement property is acquired. In the event that the LKE purchases are not completed, the proceeds are returned to the Company after 180 days and reclassified as available cash. As of September 30, 2012 and December 31, 2011, the Company had $12.8 million and $0 million, respectively, of proceeds from real estate sales classified as restricted cash in Other Assets, which were deposited with an LKE intermediary.

Joint Venture Investment (Notes)

9 Months Ended

Sep. 30, 2012

Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures [Abstract]

Joint Venture Investment [Text Block]


5.	JOINT VENTURE INVESTMENT

The Company holds a 26 percent interest in Matariki Forestry Group ("Matariki"), a joint venture ("JV") that owns or leases approximately 0.3 million acres of New Zealand timberlands. In addition to the investment, Rayonier New Zealand Limited ("RNZ"), a wholly-owned subsidiary of Rayonier Inc., serves as the manager of the JV forests and operates a log trading business.

Rayonier’s investment in the JV is accounted for using the equity method of accounting. Income from the JV is reported in the Forest Resources segment as operating income since the Company manages the forests, and its JV interest is an extension of the Company’s operations. A portion of Rayonier’s equity method investment is recorded at historical cost which generates a difference between the book value of the Company’s investment and its proportionate share of the JV’s net assets. The difference represents the Company’s unrecognized gain from RNZ’s sale of timberlands to the JV in 2005. The deferred gain is recognized on a straight-line basis over the estimated number of years the JV expects to harvest the timberlands.

- Definition

The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group.

+ References + Details

Shareholders' Equity (Notes)

9 Months Ended

Sep. 30, 2012

Stockholders' Equity Note [Abstract]

Shareholders' Equity [Text Block]


6.	SHAREHOLDERS’ EQUITY

An analysis of shareholders’ equity for the nine months ended September 30, 2012 and the year ended December 31, 2011 is shown below (share amounts not in thousands):



	Common Shares					Retained Earnings			Accumulated Other Comprehensive Loss			Shareholders’ Equity
	Shares		Amount			Retained Earnings			Accumulated Other Comprehensive Loss			Shareholders’ Equity
Balance, December 31, 2010	121,023,140		$	602,882		$	717,058		$	(68,358	)	$	1,251,582
Net income	—		—			276,005			—			276,005
Dividends ($1.52 per share)	—		—			(186,828		)	—			(186,828		)
Issuance of shares under incentive stock plans	1,220,731		13,451			—			—			13,451
Stock-based compensation	—		16,181			—			—			16,181
Excess tax benefit on stock-based compensation	—		5,681			—			—			5,681
Repurchase of common shares	(208,694	)	(7,909		)	—			—			(7,909		)
Net loss from pension and postretirement plans	—		—			—			(46,263		)	(46,263		)
Foreign currency translation adjustment	—		—			—			3,546			3,546
New Zealand joint venture cash flow hedges	—		—			—			(2,373		)	(2,373		)
Balance, December 31, 2011	122,035,177		$	630,286		$	806,235		$	(113,448	)	$	1,323,073
Net income	—		—			203,076			—			203,076
Dividends ($1.24 per share)	—		—			(153,545		)	—			(153,545		)
Issuance of shares under incentive stock plans	1,323,581		20,732			—			—			20,732
Stock-based compensation	—		12,212			—			—			12,212
Excess tax benefit on stock-based compensation	—		7,057			—			—			7,057
Repurchase of common shares	(169,757	)	(7,783		)	—			—			(7,783		)
Amortization of losses from pension and postretirement plans	—		—			—			9,943			9,943
Foreign currency translation adjustment	—		—			—			3,115			3,115
New Zealand joint venture cash flow hedges	—		—			—			86			86
Balance, September 30, 2012	123,189,001		$	662,504		$	855,766		$	(100,304	)	$	1,417,966

- Definition

The entire disclosure for shareholders' equity, comprised of portions attributable to the parent entity and noncontrolling interest, if any, including other comprehensive income (as applicable). Including, but not limited to: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and per share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms, and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables, effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=6521494

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-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 43
-Section B
-Paragraph 7, 11A
-Chapter 1
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
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-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
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-Paragraph d
-Article 4

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-Number 210
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-Paragraph 29, 30, 31
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-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
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Reference 23: http://www.xbrl.org/2003/role/presentationRef
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+ Details

Segment and Geographical Information (Notes)

9 Months Ended

Sep. 30, 2012

Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]

Segment and Geographical Information [Text Block]


7.	SEGMENT AND GEOGRAPHICAL INFORMATION

Rayonier operates in four reportable business segments: Forest Resources, Real Estate, Performance Fibers and Wood Products. Forest Resources sales include all activities that relate to the harvesting of timber. Real Estate sales include all property sales, including those designated for higher and better use ("HBU"). The assets of the Real Estate segment include HBU property held by the Company’s real estate subsidiary, TerraPointe LLC. The Performance Fibers segment includes two major product lines, cellulose specialties and absorbent materials. The Wood Products segment is comprised of lumber operations. The Company’s remaining operations include harvesting and selling timber acquired from third parties (log trading). These operations are reported in "Other Operations." Sales between operating segments are made based on estimated fair market value, and intercompany sales, purchases and profits (losses) are eliminated in consolidation. The Company evaluates financial performance based on the operating income of the segments.

Operating income (loss) as presented in the Condensed Consolidated Statements of Income and Comprehensive Income is equal to segment income (loss). Certain income (loss) items in the Condensed Consolidated Statements of Income and Comprehensive Income are not allocated to segments. These items, which include gains (losses) from certain asset dispositions, interest income (expense), miscellaneous income (expense) and income tax (expense) benefit, are not considered by management to be part of segment operations.

Total assets, sales, operating income (loss) and depreciation, depletion and amortization by segment including Corporate were as follows:



	September 30,		December 31,
ASSETS	2012		2011
Forest Resources	$	1,623,370	$	1,603,515
Real Estate	110,582		102,682
Performance Fibers	840,082		646,447
Wood Products	18,716		21,264
Other Operations	23,424		24,576
Corporate and other	297,694		170,864
Total	$	2,913,868	$	2,569,348



	Three Months Ended September 30,						Nine Months Ended September 30,
SALES	2012			2011			2012			2011
Forest Resources	$	59,853		$	57,265		$	164,711		$	162,482
Real Estate	13,043			32,177			37,369			57,945
Performance Fibers	288,221			255,457			793,586			739,426
Wood Products	22,825			16,492			65,864			50,239
Other Operations	26,293			25,950			76,702			94,869
Intersegment Eliminations (a)	(1,247		)	(2,250		)	(1,538		)	(4,743		)
Total	$	408,988		$	385,091		$	1,136,694		$	1,100,218


(a)	Intersegment eliminations primarily reflect sales from our Forest Resources segment to our Performance Fibers segment.



	Three Months Ended September 30,						Nine Months Ended September 30,
OPERATING INCOME (LOSS)	2012			2011			2012			2011
Forest Resources	$	11,184		$	10,792		$	27,438		$	33,681
Real Estate	8,420			28,077			20,897			40,458
Performance Fibers	101,455			74,897			265,812			221,709
Wood Products	1,618			(740		)	6,669			(1,274		)
Other Operations	(419		)	1,122			(201		)	955
Corporate and other	(9,084		)	(5,838		)	(24,841		)	(20,568		)
Total	$	113,174		$	108,310		$	295,774		$	274,961



	Three Months Ended September 30,				Nine Months Ended September 30,
DEPRECIATION, DEPLETION AND AMORTIZATION	2012		2011		2012		2011
Forest Resources	$	18,793	$	16,614	$	52,662	$	47,866
Real Estate	1,288		5,677		4,733		10,598
Performance Fibers	15,077		15,592		41,577		40,089
Wood Products	787		689		2,369		2,344
Corporate and other	368		323		1,158		861
Total	$	36,313	$	38,895	$	102,499	$	101,758

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

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Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
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+ Details

Fair Value Measurements (Notes)

9 Months Ended

Sep. 30, 2012

Fair Value Disclosures [Abstract]

Fair Value Measurements [Text Block]


8.	FAIR VALUE MEASUREMENTS

Fair Value of Financial Instruments

A three-level hierarchy that prioritizes the inputs used to measure fair value was established in the Accounting Standards Codification as follows:

Level 1 — Quoted prices in active markets for identical assets or liabilities.

Level 2 — Observable inputs other than quoted prices included in Level 1.

Level 3 — Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities.

The following table presents the carrying amount, estimated fair values and categorization under the fair value hierarchy of financial instruments held by the Company at September 30, 2012 and December 31, 2011, using market information and what the Company believes to be appropriate valuation methodologies under generally accepted accounting principles:



	September 30, 2012								December 31, 2011
Asset (liability)	Carrying Amount			Fair Value					Carrying Amount			Fair Value
				Level 1		Level 2						Level 1		Level 2
Cash and cash equivalents	$	215,475		$	215,475	$	—		$	78,603		$	78,603	$	—
Restricted cash	12,796			12,796		—			—			—		—
Current maturities of long-term debt	(41,268		)	—		(57,993		)	(28,110		)	—		(29,319		)
Long-term debt	(967,785		)	—		(1,179,011		)	(819,229		)	—		(994,851		)

Rayonier uses the following methods and assumptions in estimating the fair value of its financial instruments:

Cash and cash equivalents and Restricted cash — The carrying amount is equal to fair market value.

Debt — The fair value of fixed rate debt is based upon quoted market prices for debt with similar terms and maturities.

Variable Interest Entity

Rayonier holds a variable interest in a bankruptcy-remote, limited liability subsidiary ("special-purpose entity") which was created in 2004 when Rayonier monetized a $25.0 million installment note and letter of credit received in connection with a timberland sale. The Company contributed the note and a letter of credit to the special-purpose entity and using the installment note and letter of credit as collateral, the special-purpose entity issued $22.6 million of 15-year Senior Secured Notes and remitted cash of $22.6 million to the Company. There are no restrictions that relate to the transferred financial assets. Rayonier maintains a $2.6 million interest in the entity and receives immaterial cash payments equal to the excess of interest received on the installment note over the interest paid on the Senior Secured Notes. The Company's interest is recorded at fair value and is included in "Other Assets" in the Condensed Consolidated Balance Sheets. In addition, the Company calculated and recorded a de minimus guarantee liability to reflect its obligation of up to $2.3 million under a make-whole agreement pursuant to which it guaranteed certain obligations of the entity. This guarantee obligation is also collateralized by the letter of credit. The Company's interest in the entity, together with the make-whole agreement, represents the maximum exposure to loss as a result of the Company's involvement with the special-purpose entity. Upon maturity of the Senior Secured Notes in 2019 and termination of the special-purpose entity, Rayonier will receive the remaining $2.6 million of cash. The Company determined, based upon an analysis under the variable interest entity guidance, that it does not have the power to direct activities that most significantly impact the entity's economic success. Therefore, Rayonier is not the primary beneficiary and is not required to consolidate the entity.

Assets measured at fair value on a recurring basis are summarized below:



Asset	Carrying Value at September 30, 2012		Level 2		Carrying Value at December 31, 2011		Level 2
Investment in special-purpose entity	$	2,676	$	2,676	$	2,690	$	2,690

The fair value of the investment in the special-purpose entity is determined by summing the discounted value of future principal and interest payments that Rayonier will receive from the special-purpose entity. The interest rate of a similar instrument is used to determine the discounted value of the payments.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Reference 8: http://www.xbrl.org/2003/role/presentationRef
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Reference 9: http://www.xbrl.org/2003/role/presentationRef
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Reference 11: http://www.xbrl.org/2003/role/presentationRef
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Reference 12: http://www.xbrl.org/2003/role/presentationRef
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Reference 13: http://www.xbrl.org/2003/role/presentationRef
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+ Details

Guarantees (Notes)

9 Months Ended

Sep. 30, 2012

Guarantees [Abstract]

Guarantees [Text Block]


9.	GUARANTEES

The Company provides financial guarantees as required by creditors, insurance programs, and state and foreign governmental agencies. As of September 30, 2012, the following financial guarantees were outstanding:



Financial Commitments	Maximum Potential Payment		Carrying Amount of Liability
Standby letters of credit (a)	$	18,955	$	15,000
Guarantees (b)	2,254		43
Surety bonds (c)	7,164		1,389
Total financial commitments	$	28,373	$	16,432


(a)	Approximately $15 million of the standby letters of credit serve as credit support for industrial revenue bonds. The remaining letters of credit support various insurance related agreements, primarily workers’ compensation and pollution liability policy requirements. These letters of credit will expire at various dates during 2012 and 2013 and will be renewed as required.

(b)

In conjunction with a timberland sale and note monetization in the first quarter of 2004, the Company issued a make-whole agreement pursuant to which it guaranteed $2.3 million of obligations of a special-purpose entity that was established to complete the monetization. At September 30, 2012, the Company has a de minimus liability to reflect the fair market value of its obligation to perform under the make-whole agreement.


(c)	Rayonier issues surety bonds primarily to secure timber harvesting obligations in the State of Washington and to provide collateral for the Company’s workers’ compensation self-insurance program in that state. These surety bonds expire at various dates between 2012 and 2014 and are expected to be renewed as required.

Liabilities for Dispositions and Discontinued Operations (Notes)

9 Months Ended

Sep. 30, 2012

Liabilities of Disposal Group, Including Discontinued Operation [Abstract]

Liabilities for Dispositions and Discontinued Operations [Text Block]


10.	LIABILITIES FOR DISPOSITIONS AND DISCONTINUED OPERATIONS

An analysis of the liabilities for dispositions and discontinued operations follows:



	September 30,			December 31,
	2012			2011
Balance, beginning of period	$	90,824		$	93,160
Expenditures charged to liabilities	(6,867		)	(9,209		)
Increase to liabilities	496			6,873
Balance, end of period	84,453			90,824
Less: Current portion	(8,929		)	(9,931		)
Non-current portion	$	75,524		$	80,893

The Company is exposed to the risk of reasonably possible additional losses in excess of the established liabilities. As of September 30, 2012, the estimate of this amount could range up to $29 million, allocable over several of the applicable sites, and arises from uncertainty over the availability, feasibility or effectiveness of certain remediation technologies, additional or different contamination that may be discovered, development of new or more effective environmental remediation technologies and the exercise of discretion in interpretation of applicable law and regulations by governmental agencies.

The Company believes established liabilities are sufficient for probable costs expected to be incurred over the next 20 years with respect to its dispositions and discontinued operations. Remedial actions for these sites vary, but could include on-site (and in certain cases off-site) removal or treatment of contaminated soils and sediments, recovery and treatment/remediation of groundwater, and source remediation and/or control.

- Definition

The entire disclosure for environmental loss contingencies, such as presence of hazardous waste, relevant information from reports issued by regulators, and estimated costs to achieve compliance with regulatory requirements. This element may be used for all of an entity's disclosures about environmental loss contingencies.

+ References + Details

Contingencies (Notes)

9 Months Ended

Sep. 30, 2012

Loss Contingency [Abstract]

Contingencies [Text Block]


11.	CONTINGENCIES

Rayonier is engaged in various legal actions, including certain environmental proceedings, and has been named as a defendant in various other lawsuits and claims arising in the normal course of business. While the Company has procured reasonable and customary insurance covering risks normally occurring in connection with its businesses, it has in certain cases retained some risk through the operation of self-insurance, primarily in the areas of workers’ compensation, property insurance and general liability. These other lawsuits and claims, either individually or in the aggregate, are not expected to have a material adverse effect on the Company’s financial position, results of operations, or cash flow.

- Definition

The entire disclosure for commitments and contingencies.

+ References

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-SubTopic 10
-Section S99
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-Subparagraph (SX 210.5-02.25)
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-Publisher FASB
-Name Accounting Standards Codification
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-Number 5
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Employee Benefit Plans (Notes)

9 Months Ended

Sep. 30, 2012

Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Abstract]

Employee Benefit Plans [Text Block]


12.	EMPLOYEE BENEFIT PLANS

The Company has four qualified non-contributory defined benefit pension plans covering a significant majority of its employees and an unfunded plan that provides benefits in excess of amounts allowable under current tax law in the qualified plans. Currently, all qualified plans are closed to new participants. Employee benefit plan liabilities are calculated using actuarial estimates and management assumptions. These estimates are based on historical information, along with certain assumptions about future events. Changes in assumptions, as well as changes in actual experience, could cause the estimates to change.

The net pension and postretirement benefit costs that have been recognized during the stated periods are shown in the following tables:



	Pension						Postretirement
	Three Months Ended September 30,						Three Months Ended September 30,
	2012			2011			2012		2011
Components of Net Periodic Benefit Cost
Service cost	$	2,102		$	1,695		$	227	$	99
Interest cost	4,321			4,522			242		257
Expected return on plan assets	(6,369		)	(6,455		)	—		—
Amortization of prior service cost	327			340			6		49
Amortization of losses	4,394			2,593			156		296
Net periodic benefit cost	$	4,775		$	2,695		$	631	$	701



	Pension						Postretirement
	Nine Months Ended September 30,						Nine Months Ended September 30,
	2012			2011			2012		2011
Components of Net Periodic Benefit Cost
Service cost	$	6,143		$	5,086		$	664	$	463
Interest cost	12,630			13,566			706		729
Expected return on plan assets	(18,618		)	(19,366		)	—		—
Amortization of prior service cost	956			1,020			18		93
Amortization of losses	12,846			7,779			455		428
Net periodic benefit cost	$	13,957		$	8,085		$	1,843	$	1,713

In 2012, the Company has no mandatory pension contribution requirements and does not expect to make any discretionary contributions.

- Definition

The entire disclosure for pension and other postretirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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Reference 4: http://www.xbrl.org/2003/role/presentationRef
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Reference 8: http://www.xbrl.org/2003/role/presentationRef
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+ Details

Debt (Notes)

9 Months Ended

Sep. 30, 2012

Debt Disclosure [Abstract]

Debt [Text Block]


13.	DEBT

In March 2012, Rayonier Inc. issued $325 million of 3.75% Senior Notes due 2022. Approximately $150 million of the proceeds from these notes were used to repay borrowings outstanding under the Company's revolving credit facility. The Company had $431 million of available borrowing capacity under the revolving credit facility at September 30, 2012.

As of September 30, 2012, the $172.5 million 4.50% Senior Exchangeable Notes due 2015 became exchangeable at the option of the holders for the calendar quarter ending December 31, 2012. Per the indenture, in order for the notes to become exchangeable, the Company's stock price must exceed 130 percent of the exchange price for 20 trading days during a period of 30 consecutive trading days as of the last day of the quarter. Of the $172.5 million principal, $131.2 million remained classified as long-term debt due to the ability and intent of the Company to refinance it on a long-term basis.

An asset sales covenant in the Rayonier Forest Resources, L.P. ("RFR") $112.5 million installment note agreement requires the Company, subject to certain exceptions, to either reinvest cumulative timberland sale proceeds for individual sales greater than $10 million (the "excess proceeds") in timberland-related investments or, once the amount of excess proceeds not reinvested exceeds $50 million, to offer the note holders prepayment of the notes ratably in the amount of the excess proceeds. During April 2012, the excess proceeds exceeded the $50 million limit and as a result, repayment of $59.9 million was offered to the note holders through May 15, 2012, at which time they declined and the excess proceeds were reset to zero.

There were no other significant changes to the Company's outstanding debt as reported in Note 11 — Debt of the Company's 2011 Annual Report on Form 10-K.

Subsequent Events

In October 2012, the Company negotiated amendments to the existing revolving credit facility. The amended and restated facility provides for improved pricing, with the borrowing rate decreasing from LIBOR plus 105 basis points to LIBOR plus 97.5 basis points. The facility fee decreased 5 points from 20 basis points to 15 basis points. The revised agreement also provides additional borrowing capacity through revision of the leverage ratio to permit debt of Rayonier Inc. and its subsidiaries up to 65 percent of consolidated net worth, plus the amount of consolidated debt. Previously, debt was limited to four times EBITDA. In addition, the Company can now transfer assets to any subsidiary, and any subsidiary can now transfer assets to other subsidiaries or to the Company. An additional covenant was added to limit debt at subsidiaries (excluding Rayonier Operating Company LLC and TRS, which are borrowers under the agreement) to 15 percent of Consolidated Net Tangible Assets. Also, the amended and restated credit agreement removed RFR as a borrower, but also eliminated specific negative covenants relating to RFR under this facility. The agreement also eliminated all requirements for subsidiary guarantors, other than cross-guarantees of the borrowers. As a result, these guarantors were also released from the 3.75% Senior Notes due 2022 issued by Rayonier Inc., leaving TRS and Rayonier Operating Company LLC as the remaining guarantors.

The 3.75% Senior Exchangeable Notes due 2012 (the "Notes") matured in October 2012 and the outstanding principal balance of $300 million was paid in cash, financed through borrowings on the Company's revolving credit facility. The exchangeable note hedges also matured and the associated shares were used to pay the excess exchange value of 2,221,056 shares of Rayonier stock. As a result, there was no impact on the number of shares outstanding. The available borrowing capacity under the credit facility immediately after repayment of the Notes was $131 million. The Company expects to refinance this $300 million borrowing on a long-term basis prior to year-end.

Warrants sold in conjunction with the issuance of the Notes and hedges remain outstanding and have maturity dates in first quarter 2013. The Company expects to settle the warrants in shares. For information regarding the dilutive effect of the assumed conversion of the warrants, refer to Note 2 — Earnings per Share.

See Note 11 — Debt of the Company's 2011 Annual Report on Form 10-K for additional information on the Notes, hedges and warrants.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References + Details

Accumulated Other Comprehensive Loss (Notes)

9 Months Ended

Sep. 30, 2012

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated Other Comprehensive Loss [Text Block]


14.	ACCUMULATED OTHER COMPREHENSIVE LOSS

Accumulated Other Comprehensive Loss was comprised of the following:



	September 30, 2012			December 31, 2011
Foreign currency translation adjustments	$	37,592		$	34,477
Joint venture cash flow hedges	(3,755		)	(3,841		)
Unrecognized losses of employee benefit plans, net of tax	(134,141		)	(144,084		)
Total	$	(100,304	)	$	(113,448	)

- Definition

The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 15
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-Name Accounting Standards Codification
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-Subparagraph (SX 210.3-04)
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Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-Publisher FASB
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Other Operating Income, Net

9 Months Ended

Sep. 30, 2012

15. OTHER OPERATING INCOME, NET [Abstract]

Other Income and Other Expense Disclosure [Text Block]


15.	OTHER OPERATING (EXPENSE) INCOME, NET

Other operating (expense) income, net was comprised of the following:



	Three Months Ended September 30,						Nine Months Ended September 30,
	2012			2011			2012			2011
Lease income, primarily for hunting	$	1,357		$	1,369		$	6,263		$	4,563
Other non-timber income	433			567			2,324			1,551
Foreign currency (loss) gain	(979		)	1,017			(1,165		)	236
Loss on sale or disposal of property, plant & equipment	(1,176		)	(270		)	(2,908		)	(1,769		)
Insurance proceeds	—			1,890			2,319			1,890
Miscellaneous income (expense), net	(1,027		)	(402		)	(1,779		)	(891		)
Total	$	(1,392	)	$	4,171		$	5,054		$	5,580

Consolidating Financial Statements (Notes)

9 Months Ended

Sep. 30, 2012

CONSOLIDATING FINANCIAL STATEMENTS [Abstract]

Consolidating Financial Statements [Text Block]


16.	CONSOLIDATING FINANCIAL STATEMENTS

The consolidating financial information below follows the same accounting policies as described in the consolidated financial statements, except for the use of the equity method of accounting to reflect ownership interests in wholly-owned subsidiaries, which are eliminated upon consolidation, and the allocation of certain expenses of Rayonier Inc. incurred for the benefit of its subsidiaries.

In October 2007, Rayonier TRS Holdings Inc. ("TRS") issued $300 million of 3.75% Senior Exchangeable Notes due 2012, and in August 2009 TRS issued $172.5 million of 4.50% Senior Exchangeable Notes due 2015. The notes for both transactions are fully and unconditionally guaranteed by Rayonier Inc. as the Parent Guarantor and Rayonier Operating Company LLC ("ROC") as the Subsidiary Guarantor. In connection with these exchangeable notes, the Company provides the following condensed consolidating financial information in accordance with SEC Regulation S-X Rule 3-10, Financial Statements of Guarantors and Issuers of Guaranteed Securities Registered or Being Registered.



	CONDENSED CONSOLIDATING STATEMENTS OF INCOME AND COMPREHENSIVE INCOME For the Three Months Ended September 30, 2012
	Rayonier Inc. (Parent Guarantor)			ROC (Subsidiary Guarantor)			Rayonier TRS Holdings Inc. (Issuer)			Subsidiaries of Rayonier TRS Holdings Inc. (Non- guarantors)			All Other Subsidiaries (Non- guarantors)			Consolidating Adjustments			Total Consolidated
SALES	$	—		$	—		$	—		$	381,400		$	43,720		$	(16,132	)	$	408,988
Costs and Expenses
Cost of sales	—			—			—			266,987			28,282			(16,618		)	278,651
Selling and general expenses	—			2,762			—			12,717			358			—			15,837
Other operating expense (income), net	—			730			—			2,335			(1,681		)	8			1,392
	—			3,492			—			282,039			26,959			(16,610		)	295,880
Equity in income (loss) of New Zealand joint venture	—			—			—			169			(103		)	—			66
OPERATING (LOSS) INCOME	—			(3,492		)	—			99,530			16,658			478			113,174
Interest (expense) income	(3,136		)	(196		)	(10,244		)	5,587			(264		)	—			(8,253		)
Interest and miscellaneous income (expense), net	1,630			1,594			(980		)	(3,872		)	1,862			—			234
Equity in income from subsidiaries	82,066			85,241			73,635			—			—			(240,942		)	—
INCOME BEFORE INCOME TAXES	80,560			83,147			62,411			101,245			18,256			(240,464		)	105,155
Income tax (expense) benefit	—			(1,081		)	4,096			(27,610		)	—			—			(24,595		)
NET INCOME	80,560			82,066			66,507			73,635			18,256			(240,464		)	80,560
OTHER COMPREHENSIVE INCOME	9,652			9,652			328			328			6,143			(16,451		)	9,652
COMPREHENSIVE INCOME	$	90,212		$	91,718		$	66,835		$	73,963		$	24,399		$	(256,915	)	$	90,212



	CONDENSED CONSOLIDATING STATEMENTS OF INCOME AND COMPREHENSIVE INCOME For the Three Months Ended September 30, 2011
	Rayonier Inc. (Parent Guarantor)		ROC (Subsidiary Guarantor)			Rayonier TRS Holdings Inc. (Issuer)			Subsidiaries of Rayonier TRS Holdings Inc. (Non- guarantors)			All Other Subsidiaries (Non- guarantors)			Consolidating Adjustments			Total Consolidated
SALES	$	—	$	—		$	—		$	342,937		$	61,463		$	(19,309	)	$	385,091
Costs and Expenses
Cost of sales	—		—			—			254,969			32,376			(21,161		)	266,184
Selling and general expenses	—		2,566			—			12,584			612			—			15,762
Other operating expense (income), net	—		45			—			(2,606		)	(1,610		)	—			(4,171		)
	—		2,611			—			264,947			31,378			(21,161		)	277,775
Equity in income of New Zealand joint venture	—		—			—			200			794			—			994
OPERATING (LOSS) INCOME	—		(2,611		)	—			78,190			30,879			1,852			108,310
Interest (expense) income	—		(440		)	(12,139		)	328			(105		)	—			(12,356		)
Interest and miscellaneous income (expense), net	—		1,332			(1,121		)	(5,053		)	5,173			—			331
Equity in income from subsidiaries	104,909		106,350			76,971			—			—			(288,230		)	—
INCOME BEFORE INCOME TAXES	104,909		104,631			63,711			73,465			35,947			(286,378		)	96,285
Income tax benefit	—		278			4,840			3,506			—			—			8,624
NET INCOME	104,909		104,909			68,551			76,971			35,947			(286,378		)	104,909
OTHER COMPREHENSIVE INCOME	5,215		5,215			15			15			3,090			(8,335		)	5,215
COMPREHENSIVE INCOME	$	110,124	$	110,124		$	68,566		$	76,986		$	39,037		$	(294,713	)	$	110,124



	CONDENSED CONSOLIDATING STATEMENTS OF INCOME AND COMPREHENSIVE INCOME For the Nine Months Ended September 30, 2012
	Rayonier Inc. (Parent Guarantor)			ROC (Subsidiary Guarantor)			Rayonier TRS Holdings Inc. (Issuer)			Subsidiaries of Rayonier TRS Holdings Inc. (Non- guarantors)			All Other Subsidiaries (Non- guarantors)			Consolidating Adjustments			Total Consolidated
SALES	$	—		$	—		$	—		$	1,062,065		$	125,475		$	(50,846	)	$	1,136,694
Costs and Expenses
Cost of sales	—			—			—			764,886			81,816			(52,183		)	794,519
Selling and general expenses	—			7,977			—			41,296			2,432			—			51,705
Other operating expense (income), net	—			742			—			1,517			(8,473		)	1,160			(5,054		)
	—			8,719			—			807,699			75,775			(51,023		)	841,170
Equity in income (loss) of New Zealand joint venture	—			—			—			507			(257		)	—			250
OPERATING (LOSS) INCOME	—			(8,719		)	—			254,873			49,443			177			295,774
Interest (expense) income	(7,502		)	(646		)	(30,713		)	4,639			(1,911		)	—			(36,133		)
Interest and miscellaneous income (expense), net	5,086			4,580			(3,022		)	(11,911		)	5,561			—			294
Equity in income from subsidiaries	205,492			211,635			179,787			—			—			(596,914		)	—
INCOME BEFORE INCOME TAXES	203,076			206,850			146,052			247,601			53,093			(596,737		)	259,935
Income tax (expense) benefit	—			(1,358		)	12,313			(67,814		)	—			—			(56,859		)
NET INCOME	203,076			205,492			158,365			179,787			53,093			(596,737		)	203,076
OTHER COMPREHENSIVE INCOME	$	13,144		$	13,144		$	1,128		$	1,128		$	2,719		$	(18,119	)	$	13,144
COMPREHENSIVE INCOME	$	216,220		$	218,636		$	159,493		$	180,915		$	55,812		$	(614,856	)	$	216,220



	CONDENSED CONSOLIDATING STATEMENTS OF INCOME AND COMPREHENSIVE INCOME For the Nine Months Ended September 30, 2011
	Rayonier Inc. (Parent Guarantor)		ROC (Subsidiary Guarantor)			Rayonier TRS Holdings Inc. (Issuer)			Subsidiaries of Rayonier TRS Holdings Inc. (Non- guarantors)			All Other Subsidiaries (Non- guarantors)			Consolidating Adjustments			Total Consolidated
SALES	$	—	$	—		$	—		$	1,002,015		$	147,884		$	(49,681	)	$	1,100,218
Costs and Expenses
Cost of sales	—		—			—			750,375			90,630			(54,538		)	786,467
Selling and general expenses	—		7,497			—			38,639			2,051			—			48,187
Other operating expense (income), net	—		130			—			(406		)	(5,304		)	—			(5,580		)
	—		7,627			—			788,608			87,377			(54,538		)	829,074
Equity in income of New Zealand joint venture	—		—			—			561			3,256			—			3,817
OPERATING (LOSS) INCOME	—		(7,627		)	—			213,968			63,763			4,857			274,961
Interest (expense) income	—		(831		)	(37,350		)	73			(192		)	—			(38,300		)
Interest and miscellaneous income (expense), net	—		3,972			(3,313		)	(15,069		)	15,345			—			935
Equity in income from subsidiaries	219,774		224,142			166,190			—			—			(610,106		)	—
INCOME BEFORE INCOME TAXES	219,774		219,656			125,527			198,972			78,916			(605,249		)	237,596
Income tax benefit (expense)	—		118			14,842			(32,782		)	—			—			(17,822		)
NET INCOME	219,774		219,774			140,369			166,190			78,916			(605,249		)	219,774
OTHER COMPREHENSIVE INCOME	$	17,265	$	17,265		$	524		$	524		$	10,919		$	(29,232	)	$	17,265
COMPREHENSIVE INCOME	$	237,039	$	237,039		$	140,893		$	166,714		$	89,835		$	(634,481	)	$	237,039



	CONDENSED CONSOLIDATING BALANCE SHEETS As of September 30, 2012
	Rayonier Inc. (Parent Guarantor)		ROC (Subsidiary Guarantor)		Rayonier TRS Holdings Inc. (Issuer)		Subsidiaries of Rayonier TRS Holdings Inc. (Non- guarantors)			All Other Subsidiaries (Non- guarantors)		Consolidating Adjustments			Total Consolidated
ASSETS
CURRENT ASSETS
Cash and cash equivalents	$	76,809	$	59,546	$	46,287	$	9,130		$	23,703	$	—		$	215,475
Accounts receivable, less allowance for doubtful accounts	11		234		—		106,534			3,164		—			109,943
Inventory	—		—		—		139,521			—		(18,438		)	121,083
Intercompany interest receivable	—		—		—		—			3,153		(3,153		)	—
Prepaid and other current assets	—		831		709		67,984			9,156		—			78,680
Total current assets	76,820		60,611		46,996		323,169			39,176		(21,591		)	525,181
TIMBER AND TIMBERLANDS, NET OF DEPLETION AND AMORTIZATION	—		—		—		39,677			1,448,418		1,794			1,489,889
NET PROPERTY, PLANT AND EQUIPMENT	—		2,408		—		624,185			3,218		—			629,811
INVESTMENT IN JOINT VENTURE	—		—		—		(10,741		)	80,930		—			70,189
INVESTMENT IN SUBSIDIARIES	1,449,432		1,638,041		1,289,147		—			—		(4,376,620		)	—
INTERCOMPANY NOTES RECEIVABLE	220,188		—		19,642		—			—		(239,830		)	—
OTHER ASSETS	3,500		26,663		4,228		690,362			18,167		(544,122		)	198,798
TOTAL ASSETS	$	1,749,940	$	1,727,723	$	1,360,013	$	1,666,652		$	1,589,909	$	(5,180,369	)	$	2,913,868
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES
Accounts payable	$	—	$	1,025	$	1	$	86,455		$	4,181	$	—		$	91,662
Current maturities of long-term debt	—		—		41,268		—			—		—			41,268
Accrued taxes	—		1,531		—		56,995			6,196		—			64,722
Accrued payroll and benefits	—		13,994		—		9,224			1,848		—			25,066
Accrued interest	6,974		461		8,734		699			533		—			17,401
Accrued customer incentives	—		—		—		9,620			—		—			9,620
Other current liabilities	—		2,434		—		8,413			17,551		—			28,398
Current liabilities for dispositions and discontinued operations	—		—		—		8,929			—		—			8,929
Total current liabilities	6,974		19,445		50,003		180,335			30,309		—			287,066
LONG-TERM DEBT	325,000		—		565,878		—			76,907		—			967,785
NON-CURRENT LIABILITIES FOR DISPOSITIONS AND DISCONTINUED OPERATIONS	—		—		—		75,524			—		—			75,524
PENSION AND OTHER POSTRETIREMENT BENEFITS	—		114,586		—		25,567			—		—			140,153
OTHER NON-CURRENT LIABILITIES	—		18,058		—		6,736			580		—			25,374
INTERCOMPANY PAYABLE	—		126,202		—		89,343			219,632		(435,177		)	—
TOTAL LIABILITIES	331,974		278,291		615,881		377,505			327,428		(435,177		)	1,495,902
TOTAL SHAREHOLDERS’ EQUITY	1,417,966		1,449,432		744,132		1,289,147			1,262,481		(4,745,192		)	1,417,966
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$	1,749,940	$	1,727,723	$	1,360,013	$	1,666,652		$	1,589,909	$	(5,180,369	)	$	2,913,868



	CONDENSED CONSOLIDATING BALANCE SHEETS As of December 31, 2011
	Rayonier Inc. (Parent Guarantor)		ROC (Subsidiary Guarantor)			Rayonier TRS Holdings Inc. (Issuer)		Subsidiaries of Rayonier TRS Holdings Inc. (Non- guarantors)			All Other Subsidiaries (Non- guarantors)		Consolidating Adjustments			Total Consolidated
ASSETS
CURRENT ASSETS
Cash and cash equivalents	$	—	$	8,977		$	59,976	$	7,398		$	2,252	$	—		$	78,603
Accounts receivable, less allowance for doubtful accounts	—		3			—		94,399			606		—			95,008
Inventory	—		—			—		133,300			—		(11,302		)	121,998
Intercompany interest receivable	—		—			—		—			3,848		(3,848		)	—
Prepaid and other current assets	—		2,328			808		36,937			8,820		—			48,893
Total current assets	—		11,308			60,784		272,034			15,526		(15,150		)	344,502
TIMBER AND TIMBERLANDS, NET OF DEPLETION AND AMORTIZATION	—		—			—		39,824			1,462,027		1,860			1,503,711
NET PROPERTY, PLANT AND EQUIPMENT	—		2,551			—		456,754			2,247		—			461,552
INVESTMENT IN JOINT VENTURE	—		—			—		(11,006		)	80,225		—			69,219
INVESTMENT IN SUBSIDIARIES	1,238,661		1,490,444			1,156,896		—			—		(3,886,001		)	—
INTERCOMPANY NOTES RECEIVABLE	204,420		—			19,073		—			—		(223,493		)	—
OTHER ASSETS	—		26,850			6,491		702,087			6,856		(551,920		)	190,364
TOTAL ASSETS	$	1,443,081	$	1,531,153		$	1,243,244	$	1,459,693		$	1,566,881	$	(4,674,704	)	$	2,569,348
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES
Accounts payable	$	—	$	1,801		$	10	$	69,648		$	1,414	$	—		$	72,873
Current maturities of long-term debt	—		—			28,110		—			—		—			28,110
Accrued taxes	—		(27		)	—		3,934			1,316		—			5,223
Accrued payroll and benefits	—		13,810			—		10,563			2,473		—			26,846
Accrued interest	8		246			5,442		739			609		—			7,044
Accrued customer incentives	—		—			—		10,369			—		—			10,369
Other current liabilities	—		1,886			—		9,199			6,770		—			17,855
Current liabilities for dispositions and discontinued operations	—		—			—		9,931			—		—			9,931
Total current liabilities	8		17,716			33,562		114,383			12,582		—			178,251
LONG-TERM DEBT	120,000		30,000			580,647		—			88,582		—			819,229
NON-CURRENT LIABILITIES FOR DISPOSITIONS AND DISCONTINUED OPERATIONS	—		—			—		80,893			—		—			80,893
PENSION AND OTHER POSTRETIREMENT BENEFITS	—		112,904			—		27,719			—		—			140,623
OTHER NON-CURRENT LIABILITIES	—		20,210			—		6,396			673		—			27,279
INTERCOMPANY PAYABLE	—		111,662			—		73,406			203,208		(388,276		)	—
TOTAL LIABILITIES	120,008		292,492			614,209		302,797			305,045		(388,276		)	1,246,275
TOTAL SHAREHOLDERS’ EQUITY	1,323,073		1,238,661			629,035		1,156,896			1,261,836		(4,286,428		)	1,323,073
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$	1,443,081	$	1,531,153		$	1,243,244	$	1,459,693		$	1,566,881	$	(4,674,704	)	$	2,569,348



	CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS For the Nine Months Ended September 30, 2012
	Rayonier Inc. (Parent Guarantor)			ROC (Subsidiary Guarantor)			Rayonier TRS Holdings Inc. (Issuer)			Subsidiaries of Rayonier TRS Holdings Inc. (Non- guarantors)			All Other Subsidiaries (Non- guarantors)			Consolidating Adjustments			Total Consolidated
CASH PROVIDED BY OPERATING ACTIVITIES	$	23,916		$	105,407		$	12,000		$	191,883		$	125,524		$	(105,088	)	$	353,642
INVESTING ACTIVITIES
Capital expenditures	—			(240		)	—			(84,259		)	(27,516		)	—			(112,015		)
Purchase of timberlands	—			—			—			—			(11,632		)	—			(11,632		)
Jesup mill cellulose specialties expansion	—			—			—			(104,782		)	—			—			(104,782		)
Change in restricted cash	—			—			—			—			(12,796		)	—			(12,796		)
Investment in Subsidiaries	—			—			(5,536		)	—			—			5,536			—
Other	—			(69		)	—			1,979			2,371			—			4,281
CASH USED FOR INVESTING ACTIVITIES	—			(309		)	(5,536		)	(187,062		)	(49,573		)	5,536			(236,944		)
FINANCING ACTIVITIES
Issuance of debt	325,000			—			15,000			—			15,000			—			355,000
Repayment of debt	(120,000		)	(30,000		)	(23,153		)	—			(25,500		)	—			(198,653		)
Dividends paid	(152,358		)	—			—			—			—			—			(152,358		)
Proceeds from the issuance of common shares	20,732			—			—			—			—			—			20,732
Excess tax benefits on stock-based compensation	—			—			—			7,057			—			—			7,057
Debt issuance costs	(3,698		)	—			—			—			—			—			(3,698		)
Repurchase of common shares	(7,783		)	—			—			—			—			—			(7,783		)
Issuance of intercompany notes	(9,000		)	—			—			—			9,000			—			—
Intercompany distributions	—			(24,529		)	(12,000		)	(10,023		)	(53,000		)	99,552			—
CASH PROVIDED BY (USED FOR) FINANCING ACTIVITIES	52,893			(54,529		)	(20,153		)	(2,966		)	(54,500		)	99,552			20,297
EFFECT OF EXCHANGE RATE CHANGES ON CASH	—			—			—			(123		)	—			—			(123		)
CASH AND CASH EQUIVALENTS
Change in cash and cash equivalents	76,809			50,569			(13,689		)	1,732			21,451			—			136,872
Balance, beginning of year	—			8,977			59,976			7,398			2,252			—			78,603
Balance, end of period	$	76,809		$	59,546		$	46,287		$	9,130		$	23,703		$	—		$	215,475



	CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS For the Nine Months Ended September 30, 2011
	Rayonier Inc. (Parent Guarantor)			ROC (Subsidiary Guarantor)			Rayonier TRS Holdings Inc. (Issuer)			Subsidiaries of Rayonier TRS Holdings Inc. (Non- guarantors)			All Other Subsidiaries (Non- guarantors)			Consolidating Adjustments			Total Consolidated
CASH PROVIDED BY OPERATING ACTIVITIES	$	136,224		$	147,352		$	15,000		$	165,221		$	136,241		$	(273,768	)	$	326,270
INVESTING ACTIVITIES
Capital expenditures	—			(16		)	—			(60,950		)	(26,190		)	—			(87,156		)
Purchase of timberlands	—			—			—			(5,638		)	(88,524		)	—			(94,162		)
Jesup mill cellulose specialties expansion	—			—			—			(8,059		)	—			—			(8,059		)
Change in restricted cash	—			—			—			—			8,323			—			8,323
Investment in Subsidiaries	—			(73,736		)	68,613			—			—			5,123			—
Other	—			—			—			584			(71		)	—			513
CASH (USED FOR) PROVIDED BY INVESTING ACTIVITIES	—			(73,752		)	68,613			(74,063		)	(106,462		)	5,123			(180,541		)
FINANCING ACTIVITIES
Issuance of debt	—			75,000			—			—			105,000			—			180,000
Repayment of debt	—			—			(75,000		)	—			(105,000		)	—			(180,000		)
Dividends paid	(136,563		)	—			—			—			—			—			(136,563		)
Proceeds from the issuance of common shares	8,248			—			—			—			—			—			8,248
Excess tax benefits on stock-based compensation	—			—			—			4,951			—			—			4,951
Debt issuance costs	—			(675		)	(676		)	—			(676		)	—			(2,027		)
Repurchase of common shares	(7,909		)	—			—			—			—			—			(7,909		)
Intercompany distributions	—			(135,309		)	(14,760		)	(87,508		)	(31,068		)	268,645			—
CASH USED FOR FINANCING ACTIVITIES	(136,224		)	(60,984		)	(90,436		)	(82,557		)	(31,744		)	268,645			(133,300		)
EFFECT OF EXCHANGE RATE CHANGES ON CASH	—			—			—			393			—			—			393
CASH AND CASH EQUIVALENTS
Change in cash and cash equivalents	—			12,616			(6,823		)	8,994			(1,965		)	—			12,822
Balance, beginning of year	—			29,759			283,258			1,280			35,166			—			349,463
Balance, end of period	$	—		$	42,375		$	276,435		$	10,274		$	33,201		$	—		$	362,285

In March 2012, Rayonier Inc. issued $325 million of 3.75% Senior Notes due 2022. The notes are fully and unconditionally guaranteed by the following subsidiaries of Rayonier Inc.: ROC, Rayonier Louisiana Timberlands LLC, Rayonier TRS Holdings Inc. and substantially all domestic subsidiaries of TRS Holdings Inc. In connection with these notes, the Company provides the following condensed consolidating financial information in accordance with SEC Regulation S-X Rule 3-10, Financial Statements of Guarantors and Issuers of Guaranteed Securities Registered or Being Registered.



	CONDENSED CONSOLIDATING STATEMENTS OF INCOME AND COMPREHENSIVE INCOME For the Three Months Ended September 30, 2012
	Rayonier Inc. (Parent Issuer)			Subsidiary Guarantors			All Other Subsidiaries (Non- guarantors)			Consolidating Adjustments			Total Consolidated
SALES	$	—		$	353,967		$	71,153		$	(16,132	)	$	408,988
Costs and Expenses
Cost of sales	—			242,773			52,496			(16,618		)	278,651
Selling and general expenses	—			12,837			3,000			—			15,837
Other operating expense (income), net	—			2,054			(671		)	9			1,392
	—			257,664			54,825			(16,609		)	295,880
Equity in income of New Zealand joint venture	—			—			66			—			66
OPERATING INCOME	—			96,303			16,394			477			113,174
Interest expense	(3,136		)	(4,853		)	(264		)	—			(8,253		)
Interest and miscellaneous income (expense), net	1,630			(3,261		)	1,865			—			234
Equity in income from subsidiaries	82,066			18,527			—			(100,593		)	—
INCOME BEFORE INCOME TAXES	80,560			106,716			17,995			(100,116		)	105,155
Income tax (expense) benefit	—			(24,650		)	55			—			(24,595		)
NET INCOME	80,560			82,066			18,050			(100,116		)	80,560
OTHER COMPREHENSIVE INCOME	9,652			9,652			6,250			(15,902		)	9,652
COMPREHENSIVE INCOME	$	90,212		$	91,718		$	24,300		$	(116,018	)	$	90,212



	CONDENSED CONSOLIDATING STATEMENTS OF INCOME AND COMPREHENSIVE INCOME For the Three Months Ended September 30, 2011
	Rayonier Inc. (Parent Issuer)		Subsidiary Guarantors			All Other Subsidiaries (Non- guarantors)			Consolidating Adjustments			Total Consolidated
SALES	$	—	$	318,523		$	85,878		$	(19,310	)	$	385,091
Costs and Expenses
Cost of sales	—		232,447			54,900			(21,163		)	266,184
Selling and general expenses	—		12,372			3,390			—			15,762
Other operating income, net	—		(1,367		)	(2,804		)	—			(4,171		)
	—		243,452			55,486			(21,163		)	277,775
Equity in income of New Zealand joint venture	—		—			994			—			994
OPERATING INCOME	—		75,071			31,386			1,853			108,310
Interest expense	—		(12,250		)	(106		)	—			(12,356		)
Interest and miscellaneous (expense) income, net	—		(4,846		)	5,177			—			331
Equity in income from subsidiaries	104,909		37,963			—			(142,872		)	—
INCOME BEFORE INCOME TAXES	104,909		95,938			36,457			(141,019		)	96,285
Income tax benefit (expense)	—		8,971			(347		)	—			8,624
NET INCOME	104,909		104,909			36,110			(141,019		)	104,909
OTHER COMPREHENSIVE INCOME	5,215		5,215			2,955			(8,170		)	5,215
COMPREHENSIVE INCOME	$	110,124	$	110,124		$	39,065		$	(149,189	)	$	110,124



	CONDENSED CONSOLIDATING STATEMENTS OF INCOME AND COMPREHENSIVE INCOME For the Nine Months Ended September 30, 2012
	Rayonier Inc. (Parent Issuer)			Subsidiary Guarantors			All Other Subsidiaries (Non- guarantors)			Consolidating Adjustments			Total Consolidated
SALES	$	—		$	981,902		$	205,638		$	(50,846	)	$	1,136,694
Costs and Expenses
Cost of sales	—			694,308			152,394			(52,183		)	794,519
Selling and general expenses	—			40,376			11,329			—			51,705
Other operating expense (income), net	—			473			(6,687		)	1,160			(5,054		)
	—			735,157			157,036			(51,023		)	841,170
Equity in income of New Zealand joint venture	—			—			250			—			250
OPERATING INCOME	—			246,745			48,852			177			295,774
Interest expense	(7,502		)	(26,720		)	(1,911		)	—			(36,133		)
Interest and miscellaneous income (expense), net	5,086			(10,370		)	5,578			—			294
Equity in income from subsidiaries	205,492			52,196			—			(257,688		)	—
INCOME BEFORE INCOME TAXES	203,076			261,851			52,519			(257,511		)	259,935
Income tax expense	—			(56,359		)	(500		)	—			(56,859		)
NET INCOME	203,076			205,492			52,019			(257,511		)	203,076
OTHER COMPREHENSIVE INCOME	13,144			13,144			3,201			(16,345		)	13,144
COMPREHENSIVE INCOME	$	216,220		$	218,636		$	55,220		$	(273,856	)	$	216,220



	CONDENSED CONSOLIDATING STATEMENTS OF INCOME AND COMPREHENSIVE INCOME For the Nine Months Ended September 30, 2011
	Rayonier Inc. (Parent Issuer)		Subsidiary Guarantors			All Other Subsidiaries (Non- guarantors)			Consolidating Adjustments			Total Consolidated
SALES	$	—	$	909,051		$	240,848		$	(49,681	)	$	1,100,218
Costs and Expenses
Cost of sales	—		665,806			175,199			(54,538		)	786,467
Selling and general expenses	—		36,926			11,261			—			48,187
Other operating expense (income), net	—		487			(6,067		)	—			(5,580		)
	—		703,219			180,393			(54,538		)	829,074
Equity in income of New Zealand joint venture	—		—			3,817			—			3,817
OPERATING INCOME	—		205,832			64,272			4,857			274,961
Interest expense	—		(38,108		)	(192		)	—			(38,300		)
Interest and miscellaneous (expense) income, net	—		(14,432		)	15,367			—			935
Equity in income from subsidiaries	219,774		83,665			—			(303,439		)	—
INCOME BEFORE INCOME TAXES	219,774		236,957			79,447			(298,582		)	237,596
Income tax expense	—		(17,183		)	(639		)	—			(17,822		)
NET INCOME	219,774		219,774			78,808			(298,582		)	219,774
OTHER COMPREHENSIVE INCOME	17,265		17,265			10,816			(28,081		)	17,265
COMPREHENSIVE INCOME	$	237,039	$	237,039		$	89,624		$	(326,663	)	$	237,039



	CONDENSED CONSOLIDATING BALANCE SHEETS As of September 30, 2012
	Rayonier Inc. (Parent Issuer)		Subsidiary Guarantors		All Other Subsidiaries (Non- guarantors)		Consolidating Adjustments			Total Consolidated
ASSETS
CURRENT ASSETS
Cash and cash equivalents	$	76,809	$	100,808	$	37,858	$	—		$	215,475
Accounts receivable, less allowance for doubtful accounts	11		103,668		6,264		—			109,943
Inventory	—		138,478		1,043		(18,438		)	121,083
Intercompany interest receivable	—		—		3,153		(3,153		)	—
Prepaid and other current assets	—		64,448		14,232		—			78,680
Total current assets	76,820		407,402		62,550		(21,591		)	525,181
TIMBER AND TIMBERLANDS, NET OF DEPLETION AND AMORTIZATION	—		115,030		1,373,065		1,794			1,489,889
NET PROPERTY, PLANT AND EQUIPMENT	—		625,544		4,267		—			629,811
INVESTMENT IN JOINT VENTURE	—		—		70,189		—			70,189
INVESTMENT IN SUBSIDIARIES	1,449,432		834,374		—		(2,283,806		)	—
INTERCOMPANY NOTES RECEIVABLE	220,188		—		—		(220,188		)	—
OTHER ASSETS	3,500		696,817		42,603		(544,122		)	198,798
TOTAL ASSETS	$	1,749,940	$	2,679,167	$	1,552,674	$	(3,067,913	)	$	2,913,868
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES
Accounts payable	$	—	$	83,347	$	8,315	$	—		$	91,662
Current maturities of long-term debt	—		41,268		—		—			41,268
Accrued taxes	—		58,631		6,091		—			64,722
Accrued payroll and benefits	—		22,603		2,463		—			25,066
Accrued interest	6,974		9,894		533		—			17,401
Accrued customer incentives	—		9,620		—		—			9,620
Other current liabilities	—		10,114		18,284		—			28,398
Current liabilities for dispositions and discontinued operations	—		8,929		—		—			8,929
Total current liabilities	6,974		244,406		35,686		—			287,066
LONG-TERM DEBT	325,000		565,878		76,907		—			967,785
NON-CURRENT LIABILITIES FOR DISPOSITIONS AND DISCONTINUED OPERATIONS	—		75,524		—		—			75,524
PENSION AND OTHER POSTRETIREMENT BENEFITS	—		140,153		—		—			140,153
OTHER NON-CURRENT LIABILITIES	—		24,009		1,365		—			25,374
INTERCOMPANY PAYABLE	—		179,765		235,770		(415,535		)	—
TOTAL LIABILITIES	331,974		1,229,735		349,728		(415,535		)	1,495,902
TOTAL SHAREHOLDERS’ EQUITY	1,417,966		1,449,432		1,202,946		(2,652,378		)	1,417,966
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$	1,749,940	$	2,679,167	$	1,552,674	$	(3,067,913	)	$	2,913,868



	CONDENSED CONSOLIDATING BALANCE SHEETS As of December 31, 2011
	Rayonier Inc. (Parent Issuer)		Subsidiary Guarantors		All Other Subsidiaries (Non- guarantors)		Consolidating Adjustments			Total Consolidated
ASSETS
CURRENT ASSETS
Cash and cash equivalents	$	—	$	58,132	$	20,471	$	—		$	78,603
Accounts receivable, less allowance for doubtful accounts	—		90,658		4,350		—			95,008
Inventory	—		132,323		977		(11,302		)	121,998
Intercompany interest receivable	—		—		3,848		(3,848		)	—
Prepaid and other current assets	—		39,366		9,527		—			48,893
Total current assets	—		320,479		39,173		(15,150		)	344,502
TIMBER AND TIMBERLANDS, NET OF DEPLETION AND AMORTIZATION	—		117,243		1,384,608		1,860			1,503,711
NET PROPERTY, PLANT AND EQUIPMENT	—		458,497		3,055		—			461,552
INVESTMENT IN JOINT VENTURE	—		—		69,219		—			69,219
INVESTMENT IN SUBSIDIARIES	1,238,661		801,838		—		(2,040,499		)	—
INTERCOMPANY NOTES RECEIVABLE	204,420		—		—		(204,420		)	—
OTHER ASSETS	—		710,663		31,622		(551,921		)	190,364
TOTAL ASSETS	$	1,443,081	$	2,408,720	$	1,527,677	$	(2,810,130	)	$	2,569,348
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES
Accounts payable	$	—	$	65,732	$	7,141	$	—		$	72,873
Current maturities of long-term debt	—		28,110		—		—			28,110
Accrued taxes	—		3,838		1,385		—			5,223
Accrued payroll and benefits	—		23,070		3,776		—			26,846
Accrued interest	8		6,427		609		—			7,044
Accrued customer incentives	—		10,369		—		—			10,369
Other current liabilities	—		10,319		7,536		—			17,855
Current liabilities for dispositions and discontinued operations	—		9,931		—		—			9,931
Total current liabilities	8		157,796		20,447		—			178,251
LONG-TERM DEBT	120,000		610,647		88,582		—			819,229
NON-CURRENT LIABILITIES FOR DISPOSITIONS AND DISCONTINUED OPERATIONS	—		80,893		—		—			80,893
PENSION AND OTHER POSTRETIREMENT BENEFITS	—		140,623		—		—			140,623
OTHER NON-CURRENT LIABILITIES	—		25,894		1,385		—			27,279
INTERCOMPANY PAYABLE	—		154,206		214,997		(369,203		)	—
TOTAL LIABILITIES	120,008		1,170,059		325,411		(369,203		)	1,246,275
TOTAL SHAREHOLDERS’ EQUITY	1,323,073		1,238,661		1,202,266		(2,440,927		)	1,323,073
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$	1,443,081	$	2,408,720	$	1,527,677	$	(2,810,130	)	$	2,569,348



	CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS For the Nine Months Ended September 30, 2012
	Rayonier Inc. (Parent Issuer)			Subsidiary Guarantors			All Other Subsidiaries (Non- guarantors)			Consolidating Adjustments			Total Consolidated
CASH PROVIDED BY OPERATING ACTIVITIES	$	23,916		$	285,901		$	121,354		$	(77,529	)	$	353,642
INVESTING ACTIVITIES
Capital expenditures	—			(84,627		)	(27,388		)	—			(112,015		)
Purchase of timberlands	—			(101		)	(11,531		)	—			(11,632		)
Jesup mill cellulose specialties expansion	—			(104,782		)	—			—			(104,782		)
Change in restricted cash	—			—			(12,796		)	—			(12,796		)
Other	—			1,910			2,371			—			4,281
CASH USED FOR INVESTING ACTIVITIES	—			(187,600		)	(49,344		)	—			(236,944		)
FINANCING ACTIVITIES
Issuance of debt	325,000			15,000			15,000			—			355,000
Repayment of debt	(120,000		)	(53,153		)	(25,500		)	—			(198,653		)
Dividends paid	(152,358		)	—			—			—			(152,358		)
Proceeds from the issuance of common shares	20,732			—			—			—			20,732
Excess tax benefits on stock-based compensation	—			7,057			—			—			7,057
Debt issuance costs	(3,698		)	—			—			—			(3,698		)
Repurchase of common shares	(7,783		)	—			—			—			(7,783		)
Issuance of intercompany notes	(9,000		)	—			9,000			—			—
Intercompany distributions	—			(24,529		)	(53,000		)	77,529			—
CASH PROVIDED BY (USED FOR) FINANCING ACTIVITIES	52,893			(55,625		)	(54,500		)	77,529			20,297
EFFECT OF EXCHANGE RATE CHANGES ON CASH	—			—			(123		)	—			(123		)
CASH AND CASH EQUIVALENTS
Change in cash and cash equivalents	76,809			42,676			17,387			—			136,872
Balance, beginning of year	—			58,132			20,471			—			78,603
Balance, end of period	$	76,809		$	100,808		$	37,858		$	—		$	215,475



	CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS For the Nine Months Ended September 30, 2011
	Rayonier Inc. (Parent Issuer)			Subsidiary Guarantors			All Other Subsidiaries (Non- guarantors)			Consolidating Adjustments			Total Consolidated
CASH PROVIDED BY OPERATING ACTIVITIES	$	136,224		$	293,595		$	62,828		$	(166,377	)	$	326,270
INVESTING ACTIVITIES
Capital expenditures	—			(60,887		)	(26,269		)	—			(87,156		)
Purchase of timberlands	—			(83,574		)	(10,588		)	—			(94,162		)
Jesup mill cellulose specialties expansion	—			(8,059		)	—			—			(8,059		)
Change in restricted cash	—			—			8,323			—			8,323
Other	—			584			(71		)	—			513
CASH USED FOR INVESTING ACTIVITIES	—			(151,936		)	(28,605		)	—			(180,541		)
FINANCING ACTIVITIES
Issuance of debt	—			75,000			105,000			—			180,000
Repayment of debt	—			(75,000		)	(105,000		)	—			(180,000		)
Dividends paid	(136,563		)	—			—			—			(136,563		)
Proceeds from the issuance of common shares	8,248			—			—			—			8,248
Excess tax benefits on stock-based compensation	—			4,951			—			—			4,951
Debt issuance costs	—			(1,351		)	(676		)	—			(2,027		)
Repurchase of common shares	(7,909		)	—			—			—			(7,909		)
Intercompany distributions	—			(135,309		)	(31,068		)	166,377			—
CASH USED FOR FINANCING ACTIVITIES	(136,224		)	(131,709		)	(31,744		)	166,377			(133,300		)
EFFECT OF EXCHANGE RATE CHANGES ON CASH	—			—			393			—			393
CASH AND CASH EQUIVALENTS
Change in cash and cash equivalents	—			9,950			2,872			—			12,822
Balance, beginning of year	—			303,746			45,717			—			349,463
Balance, end of period	$	—		$	313,696		$	48,589		$	—		$	362,285

Significant Accounting Policies (Policies)	9 Months Ended
Significant Accounting Policies (Policies)	Sep. 30, 2012
Accounting Policies [Abstract]
Equity Method Investments, Policy [Policy Text Block]	Rayonier’s investment in the JV is accounted for using the equity method of accounting. Income from the JV is reported in the Forest Resources segment as operating income since the Company manages the forests, and its JV interest is an extension of the Company’s operations. A portion of Rayonier’s equity method investment is recorded at historical cost which generates a difference between the book value of the Company’s investment and its proportionate share of the JV’s net assets. The difference represents the Company’s unrecognized gain from RNZ’s sale of timberlands to the JV in 2005. The deferred gain is recognized on a straight-line basis over the estimated number of years the JV expects to harvest the timberlands.
Segment Reporting, Policy [Policy Text Block]	Operating income (loss) as presented in the Condensed Consolidated Statements of Income and Comprehensive Income is equal to segment income (loss). Certain income (loss) items in the Condensed Consolidated Statements of Income and Comprehensive Income are not allocated to segments. These items, which include gains (losses) from certain asset dispositions, interest income (expense), miscellaneous income (expense) and income tax (expense) benefit, are not considered by management to be part of segment operations.
Fair Value of Financial Instruments [Policy Text Block]	Rayonier uses the following methods and assumptions in estimating the fair value of its financial instruments: Cash and cash equivalents and Restricted cash — The carrying amount is equal to fair market value. Debt — The fair value of fixed rate debt is based upon quoted market prices for debt with similar terms and maturities.
Consolidating Financial Statements [Policy Text Block]	The consolidating financial information below follows the same accounting policies as described in the consolidated financial statements, except for the use of the equity method of accounting to reflect ownership interests in wholly-owned subsidiaries, which are eliminated upon consolidation, and the allocation of certain expenses of Rayonier Inc. incurred for the benefit of its subsidiaries.

- Definition

Disclosure of accounting policy for subsidiaries or other investments that are consolidated, including the accounting treatment for intercompany accounts or transactions and any noncontrolling interest.

+ References + Details

- Definition

Disclosure of accounting policy for the equity method of accounting for investments in common stock or other interests including unconsolidated subsidiaries, corporate joint ventures, noncontrolling interests in real estate ventures, limited partnerships, and limited liability companies. The accounting policy may include information such as: (1) initially recording an investment in the stock of an investee at cost; (2) adjusting the carrying amount of the investment to recognize the investor's share of the earnings or losses of the investee after the date of acquisition; and (3) adjustments to reflect the investor's share of changes in the investee's capital (dividends). This disclosure may also include a detailed description of the policy for determining the amount of equity method losses recognized after an investment has been reduced to zero as a result of previous losses, reasons for not using the equity method when the investor company owns 20 percent or more of the voting stock of the investee's company (including identification of the significant investee), reasons for using the equity method when the ownership percentage is less than 20 percent, and discussion of recognition of equity method losses when an investor's total investment in an investee includes, in addition to an investment in common stock, other investments such as preferred stock and loans to the investee. An entity also may describe how such investments are assessed for impairment.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.12)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 28
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14064-108612

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (a)(2)
-URI http://asc.fasb.org/extlink&oid=6382943&loc=d3e33918-111571

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-URI http://asc.fasb.org/subtopic&trid=2196966

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6367646&loc=d3e18780-107790

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 18
-Paragraph 5, 6, 16-20
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 98-13
-Paragraph 5, 15
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 02-14
-Paragraph 6
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number D-46
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 99-10
-Paragraph 6, 7
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 12
-Article 5

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 159
-Paragraph 18
-Subparagraph f
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 03-16
-Paragraph 5
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Earnings Per Common Share (Tables)

9 Months Ended

Sep. 30, 2012

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

The following table provides details of the calculations of basic and diluted earnings per common share:



	Three Months Ended September 30,				Nine Months Ended September 30,
	2012		2011		2012		2011
Net income	$	80,560	$	104,909	$	203,076	$	219,774
Shares used for determining basic earnings per common share	122,848,705		121,790,059		122,552,910		121,665,644
Dilutive effect of:
Stock options	603,761		689,643		667,960		716,095
Performance and restricted shares	755,884		1,179,047		735,653		1,121,909
Assumed conversion of Senior Exchangeable Notes (a) (b)	3,683,936		1,823,600		3,148,423		1,883,270
Assumed conversion of warrants (a) (b)	2,067,380		117,260		1,443,606		143,182
Shares used for determining diluted earnings per common share	129,959,666		125,599,609		128,548,552		125,530,100
Basic earnings per common share	$	0.66	$	0.86	$	1.66	$	1.81
Diluted earnings per common share	$	0.62	$	0.84	$	1.58	$	1.75

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]



	Three Months Ended September 30,		Nine Months Ended September 30,
	2012	2011	2012	2011
Anti-dilutive shares excluded from the computations of diluted earnings per share:
Stock options, performance and restricted shares	123,217	142,135	261,759	198,594
Assumed exercise of exchangeable note hedges (a)	3,683,936	1,823,600	3,148,423	1,883,270
Total	3,807,153	1,965,735	3,410,182	2,081,864

Income Taxes (Tables)

9 Months Ended

Sep. 30, 2012

Income Tax Disclosure [Abstract]

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

The tables below reconcile the U.S. statutory rate to the Company's effective tax rate for each period presented (in millions of dollars).



	Three Months Ended September 30,
	2012					2011
Income tax expense at federal statutory rate	$	37		35.0	%	$	34		35.0	%
REIT income not subject to tax	(6		)	(5.7	)%	(11		)	(11.3	)%
Other	(3		)	(2.9	)%	(4		)	(3.7	)%
Income tax expense before non-routine items	28			26.4	%	19			20.0	%
AFMC for CBPC exchange	(3		)	(3.0	)%	(2		)	(2.1	)%
AFMC reserve reversal	—			—		(16		)	(16.6	)%
Installment note prepayment	—			—		(9		)	(9.3	)%
Built-in gains tax holiday	—			—		(1		)	(1.0	)%
Income tax expense (benefit) as reported	$	25		23.4	%	$	(9	)	(9.0	)%



	Nine Months Ended September 30,
	2012					2011
Income tax expense at federal statutory rate	$	91		35.0	%	$	83		35.0	%
REIT income not subject to tax	(18		)	(7.0	)%	(25		)	(10.6	)%
Other	(4		)	(1.6	)%	(5		)	(1.9	)%
Income tax expense before non-routine items	69			26.4	%	53			22.5	%
AFMC for CBPC exchange	(12		)	(4.5	)%	(6		)	(2.6	)%
AFMC reserve reversal	—			—		(16		)	(6.7	)%
Installment note prepayment	—			—		(9		)	(3.9	)%
Built-in gains tax holiday	—			—		(4		)	(1.8	)%
Income tax expense as reported	$	57		21.9	%	$	18		7.5	%

Shareholders' Equity (Tables)

9 Months Ended

Sep. 30, 2012

Stockholders' Equity Note [Abstract]

Schedule of Stockholders Equity [Table Text Block]

An analysis of shareholders’ equity for the nine months ended September 30, 2012 and the year ended December 31, 2011 is shown below (share amounts not in thousands):



	Common Shares					Retained Earnings			Accumulated Other Comprehensive Loss			Shareholders’ Equity
	Shares		Amount			Retained Earnings			Accumulated Other Comprehensive Loss			Shareholders’ Equity
Balance, December 31, 2010	121,023,140		$	602,882		$	717,058		$	(68,358	)	$	1,251,582
Net income	—		—			276,005			—			276,005
Dividends ($1.52 per share)	—		—			(186,828		)	—			(186,828		)
Issuance of shares under incentive stock plans	1,220,731		13,451			—			—			13,451
Stock-based compensation	—		16,181			—			—			16,181
Excess tax benefit on stock-based compensation	—		5,681			—			—			5,681
Repurchase of common shares	(208,694	)	(7,909		)	—			—			(7,909		)
Net loss from pension and postretirement plans	—		—			—			(46,263		)	(46,263		)
Foreign currency translation adjustment	—		—			—			3,546			3,546
New Zealand joint venture cash flow hedges	—		—			—			(2,373		)	(2,373		)
Balance, December 31, 2011	122,035,177		$	630,286		$	806,235		$	(113,448	)	$	1,323,073
Net income	—		—			203,076			—			203,076
Dividends ($1.24 per share)	—		—			(153,545		)	—			(153,545		)
Issuance of shares under incentive stock plans	1,323,581		20,732			—			—			20,732
Stock-based compensation	—		12,212			—			—			12,212
Excess tax benefit on stock-based compensation	—		7,057			—			—			7,057
Repurchase of common shares	(169,757	)	(7,783		)	—			—			(7,783		)
Amortization of losses from pension and postretirement plans	—		—			—			9,943			9,943
Foreign currency translation adjustment	—		—			—			3,115			3,115
New Zealand joint venture cash flow hedges	—		—			—			86			86
Balance, September 30, 2012	123,189,001		$	662,504		$	855,766		$	(100,304	)	$	1,417,966

Segment and Geographical Information (Tables)

9 Months Ended

Sep. 30, 2012

Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]

Schedule of Segment Reporting Information, by Segment [Table Text Block]

Total assets, sales, operating income (loss) and depreciation, depletion and amortization by segment including Corporate were as follows:



	September 30,		December 31,
ASSETS	2012		2011
Forest Resources	$	1,623,370	$	1,603,515
Real Estate	110,582		102,682
Performance Fibers	840,082		646,447
Wood Products	18,716		21,264
Other Operations	23,424		24,576
Corporate and other	297,694		170,864
Total	$	2,913,868	$	2,569,348



	Three Months Ended September 30,						Nine Months Ended September 30,
SALES	2012			2011			2012			2011
Forest Resources	$	59,853		$	57,265		$	164,711		$	162,482
Real Estate	13,043			32,177			37,369			57,945
Performance Fibers	288,221			255,457			793,586			739,426
Wood Products	22,825			16,492			65,864			50,239
Other Operations	26,293			25,950			76,702			94,869
Intersegment Eliminations (a)	(1,247		)	(2,250		)	(1,538		)	(4,743		)
Total	$	408,988		$	385,091		$	1,136,694		$	1,100,218


(a)	Intersegment eliminations primarily reflect sales from our Forest Resources segment to our Performance Fibers segment.



	Three Months Ended September 30,						Nine Months Ended September 30,
OPERATING INCOME (LOSS)	2012			2011			2012			2011
Forest Resources	$	11,184		$	10,792		$	27,438		$	33,681
Real Estate	8,420			28,077			20,897			40,458
Performance Fibers	101,455			74,897			265,812			221,709
Wood Products	1,618			(740		)	6,669			(1,274		)
Other Operations	(419		)	1,122			(201		)	955
Corporate and other	(9,084		)	(5,838		)	(24,841		)	(20,568		)
Total	$	113,174		$	108,310		$	295,774		$	274,961



	Three Months Ended September 30,				Nine Months Ended September 30,
DEPRECIATION, DEPLETION AND AMORTIZATION	2012		2011		2012		2011
Forest Resources	$	18,793	$	16,614	$	52,662	$	47,866
Real Estate	1,288		5,677		4,733		10,598
Performance Fibers	15,077		15,592		41,577		40,089
Wood Products	787		689		2,369		2,344
Corporate and other	368		323		1,158		861
Total	$	36,313	$	38,895	$	102,499	$	101,758

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References + Details

Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2012

Fair Value Disclosures [Abstract]

Fair Value, by Balance Sheet Grouping [Table Text Block]



	September 30, 2012								December 31, 2011
Asset (liability)	Carrying Amount			Fair Value					Carrying Amount			Fair Value
				Level 1		Level 2						Level 1		Level 2
Cash and cash equivalents	$	215,475		$	215,475	$	—		$	78,603		$	78,603	$	—
Restricted cash	12,796			12,796		—			—			—		—
Current maturities of long-term debt	(41,268		)	—		(57,993		)	(28,110		)	—		(29,319		)
Long-term debt	(967,785		)	—		(1,179,011		)	(819,229		)	—		(994,851		)

Fair Value, Assets Measured on Recurring Basis [Table Text Block]

Assets measured at fair value on a recurring basis are summarized below:



Asset	Carrying Value at September 30, 2012		Level 2		Carrying Value at December 31, 2011		Level 2
Investment in special-purpose entity	$	2,676	$	2,676	$	2,690	$	2,690

- Definition

Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References + Details

- Definition

Tabular disclosure of the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments, assets, and liabilities. Such certain disclosures about the financial instruments, assets, and liabilities include: (1) the fair value of the required items together with their carrying amounts (as appropriate) and (2) the methodology and assumptions used in developing such estimates of fair value.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13476-108611

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19207-110258

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13467-108611

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6447952&loc=d3e13220-108610

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14172-108612

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 10
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13433-108611

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 159
-Paragraph 19
-Subparagraph a, b, c(1), d(1)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 14
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15
-Subparagraph b-d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 159
-Paragraph 18
-Subparagraph c(2), d, e, f
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 157
-Paragraph 32
-Subparagraph a, c(1), c(2), c(3), d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Guarantees (Tables)

9 Months Ended

Sep. 30, 2012

Guarantees [Abstract]

Schedule of Guarantor Obligations [Table Text Block]



Financial Commitments	Maximum Potential Payment		Carrying Amount of Liability
Standby letters of credit (a)	$	18,955	$	15,000
Guarantees (b)	2,254		43
Surety bonds (c)	7,164		1,389
Total financial commitments	$	28,373	$	16,432


(a)	Approximately $15 million of the standby letters of credit serve as credit support for industrial revenue bonds. The remaining letters of credit support various insurance related agreements, primarily workers’ compensation and pollution liability policy requirements. These letters of credit will expire at various dates during 2012 and 2013 and will be renewed as required.

(b)


(c)	Rayonier issues surety bonds primarily to secure timber harvesting obligations in the State of Washington and to provide collateral for the Company’s workers’ compensation self-insurance program in that state. These surety bonds expire at various dates between 2012 and 2014 and are expected to be renewed as required.

- Definition

Tabular disclosure of each guarantee obligation, or each group of similar guarantee obligations, including (a) the nature of the guarantee, including its term, how it arose, and the events or circumstances that would require the guarantor to perform under the guarantee; (b) the maximum potential amount of future payments (undiscounted) the guarantor could be required to make under the guarantee; (c) the current carrying amount of the liability, if any, for the guarantor's obligations under the guarantee; and (d) the nature of any recourse provisions under the guarantee, and any assets held either as collateral or by third parties, and any relevant related party disclosure. Excludes disclosures about product warranties.

+ References + Details

Liabilities for Dispositions and Discontinued Operations (Tables)

9 Months Ended

Sep. 30, 2012

Liabilities of Disposal Group, Including Discontinued Operation [Abstract]

Schedule of Change in Environmental Loss Contingencies [Table Text Block]

An analysis of the liabilities for dispositions and discontinued operations follows:



	September 30,			December 31,
	2012			2011
Balance, beginning of period	$	90,824		$	93,160
Expenditures charged to liabilities	(6,867		)	(9,209		)
Increase to liabilities	496			6,873
Balance, end of period	84,453			90,824
Less: Current portion	(8,929		)	(9,931		)
Non-current portion	$	75,524		$	80,893

Employee Benefit Plans (Tables)

9 Months Ended

Sep. 30, 2012

Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Abstract]

Schedule of Net Benefit Costs [Table Text Block]

The net pension and postretirement benefit costs that have been recognized during the stated periods are shown in the following tables:



	Pension						Postretirement
	Three Months Ended September 30,						Three Months Ended September 30,
	2012			2011			2012		2011
Components of Net Periodic Benefit Cost
Service cost	$	2,102		$	1,695		$	227	$	99
Interest cost	4,321			4,522			242		257
Expected return on plan assets	(6,369		)	(6,455		)	—		—
Amortization of prior service cost	327			340			6		49
Amortization of losses	4,394			2,593			156		296
Net periodic benefit cost	$	4,775		$	2,695		$	631	$	701



	Pension						Postretirement
	Nine Months Ended September 30,						Nine Months Ended September 30,
	2012			2011			2012		2011
Components of Net Periodic Benefit Cost
Service cost	$	6,143		$	5,086		$	664	$	463
Interest cost	12,630			13,566			706		729
Expected return on plan assets	(18,618		)	(19,366		)	—		—
Amortization of prior service cost	956			1,020			18		93
Amortization of losses	12,846			7,779			455		428
Net periodic benefit cost	$	13,957		$	8,085		$	1,843	$	1,713

Accumulated Other Comprehensive Loss (Tables)

9 Months Ended

Sep. 30, 2012

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]

Accumulated Other Comprehensive Loss was comprised of the following:



	September 30, 2012			December 31, 2011
Foreign currency translation adjustments	$	37,592		$	34,477
Joint venture cash flow hedges	(3,755		)	(3,841		)
Unrecognized losses of employee benefit plans, net of tax	(134,141		)	(144,084		)
Total	$	(100,304	)	$	(113,448	)

Other Operating Income, Net (Tables)

9 Months Ended

Sep. 30, 2012

15. OTHER OPERATING INCOME, NET [Abstract]

Interest and Other Income [Table Text Block]

Other operating (expense) income, net was comprised of the following:



	Three Months Ended September 30,						Nine Months Ended September 30,
	2012			2011			2012			2011
Lease income, primarily for hunting	$	1,357		$	1,369		$	6,263		$	4,563
Other non-timber income	433			567			2,324			1,551
Foreign currency (loss) gain	(979		)	1,017			(1,165		)	236
Loss on sale or disposal of property, plant & equipment	(1,176		)	(270		)	(2,908		)	(1,769		)
Insurance proceeds	—			1,890			2,319			1,890
Miscellaneous income (expense), net	(1,027		)	(402		)	(1,779		)	(891		)
Total	$	(1,392	)	$	4,171		$	5,054		$	5,580

Consolidating Financial Statements (Tables)

9 Months Ended

Sep. 30, 2012

Senior Exchangeable Notes due 2012 & 2015 [Member]

Condensed Financial Statements, Captions [Line Items]

Schedule of Condensed Consolidating Statement of Income and Comprehensive Income [Table Text Block]



	CONDENSED CONSOLIDATING STATEMENTS OF INCOME AND COMPREHENSIVE INCOME For the Three Months Ended September 30, 2012
	Rayonier Inc. (Parent Guarantor)			ROC (Subsidiary Guarantor)			Rayonier TRS Holdings Inc. (Issuer)			Subsidiaries of Rayonier TRS Holdings Inc. (Non- guarantors)			All Other Subsidiaries (Non- guarantors)			Consolidating Adjustments			Total Consolidated
SALES	$	—		$	—		$	—		$	381,400		$	43,720		$	(16,132	)	$	408,988
Costs and Expenses
Cost of sales	—			—			—			266,987			28,282			(16,618		)	278,651
Selling and general expenses	—			2,762			—			12,717			358			—			15,837
Other operating expense (income), net	—			730			—			2,335			(1,681		)	8			1,392
	—			3,492			—			282,039			26,959			(16,610		)	295,880
Equity in income (loss) of New Zealand joint venture	—			—			—			169			(103		)	—			66
OPERATING (LOSS) INCOME	—			(3,492		)	—			99,530			16,658			478			113,174
Interest (expense) income	(3,136		)	(196		)	(10,244		)	5,587			(264		)	—			(8,253		)
Interest and miscellaneous income (expense), net	1,630			1,594			(980		)	(3,872		)	1,862			—			234
Equity in income from subsidiaries	82,066			85,241			73,635			—			—			(240,942		)	—
INCOME BEFORE INCOME TAXES	80,560			83,147			62,411			101,245			18,256			(240,464		)	105,155
Income tax (expense) benefit	—			(1,081		)	4,096			(27,610		)	—			—			(24,595		)
NET INCOME	80,560			82,066			66,507			73,635			18,256			(240,464		)	80,560
OTHER COMPREHENSIVE INCOME	9,652			9,652			328			328			6,143			(16,451		)	9,652
COMPREHENSIVE INCOME	$	90,212		$	91,718		$	66,835		$	73,963		$	24,399		$	(256,915	)	$	90,212



	CONDENSED CONSOLIDATING STATEMENTS OF INCOME AND COMPREHENSIVE INCOME For the Three Months Ended September 30, 2011
	Rayonier Inc. (Parent Guarantor)		ROC (Subsidiary Guarantor)			Rayonier TRS Holdings Inc. (Issuer)			Subsidiaries of Rayonier TRS Holdings Inc. (Non- guarantors)			All Other Subsidiaries (Non- guarantors)			Consolidating Adjustments			Total Consolidated
SALES	$	—	$	—		$	—		$	342,937		$	61,463		$	(19,309	)	$	385,091
Costs and Expenses
Cost of sales	—		—			—			254,969			32,376			(21,161		)	266,184
Selling and general expenses	—		2,566			—			12,584			612			—			15,762
Other operating expense (income), net	—		45			—			(2,606		)	(1,610		)	—			(4,171		)
	—		2,611			—			264,947			31,378			(21,161		)	277,775
Equity in income of New Zealand joint venture	—		—			—			200			794			—			994
OPERATING (LOSS) INCOME	—		(2,611		)	—			78,190			30,879			1,852			108,310
Interest (expense) income	—		(440		)	(12,139		)	328			(105		)	—			(12,356		)
Interest and miscellaneous income (expense), net	—		1,332			(1,121		)	(5,053		)	5,173			—			331
Equity in income from subsidiaries	104,909		106,350			76,971			—			—			(288,230		)	—
INCOME BEFORE INCOME TAXES	104,909		104,631			63,711			73,465			35,947			(286,378		)	96,285
Income tax benefit	—		278			4,840			3,506			—			—			8,624
NET INCOME	104,909		104,909			68,551			76,971			35,947			(286,378		)	104,909
OTHER COMPREHENSIVE INCOME	5,215		5,215			15			15			3,090			(8,335		)	5,215
COMPREHENSIVE INCOME	$	110,124	$	110,124		$	68,566		$	76,986		$	39,037		$	(294,713	)	$	110,124



	CONDENSED CONSOLIDATING STATEMENTS OF INCOME AND COMPREHENSIVE INCOME For the Nine Months Ended September 30, 2012
	Rayonier Inc. (Parent Guarantor)			ROC (Subsidiary Guarantor)			Rayonier TRS Holdings Inc. (Issuer)			Subsidiaries of Rayonier TRS Holdings Inc. (Non- guarantors)			All Other Subsidiaries (Non- guarantors)			Consolidating Adjustments			Total Consolidated
SALES	$	—		$	—		$	—		$	1,062,065		$	125,475		$	(50,846	)	$	1,136,694
Costs and Expenses
Cost of sales	—			—			—			764,886			81,816			(52,183		)	794,519
Selling and general expenses	—			7,977			—			41,296			2,432			—			51,705
Other operating expense (income), net	—			742			—			1,517			(8,473		)	1,160			(5,054		)
	—			8,719			—			807,699			75,775			(51,023		)	841,170
Equity in income (loss) of New Zealand joint venture	—			—			—			507			(257		)	—			250
OPERATING (LOSS) INCOME	—			(8,719		)	—			254,873			49,443			177			295,774
Interest (expense) income	(7,502		)	(646		)	(30,713		)	4,639			(1,911		)	—			(36,133		)
Interest and miscellaneous income (expense), net	5,086			4,580			(3,022		)	(11,911		)	5,561			—			294
Equity in income from subsidiaries	205,492			211,635			179,787			—			—			(596,914		)	—
INCOME BEFORE INCOME TAXES	203,076			206,850			146,052			247,601			53,093			(596,737		)	259,935
Income tax (expense) benefit	—			(1,358		)	12,313			(67,814		)	—			—			(56,859		)
NET INCOME	203,076			205,492			158,365			179,787			53,093			(596,737		)	203,076
OTHER COMPREHENSIVE INCOME	$	13,144		$	13,144		$	1,128		$	1,128		$	2,719		$	(18,119	)	$	13,144
COMPREHENSIVE INCOME	$	216,220		$	218,636		$	159,493		$	180,915		$	55,812		$	(614,856	)	$	216,220



	CONDENSED CONSOLIDATING STATEMENTS OF INCOME AND COMPREHENSIVE INCOME For the Nine Months Ended September 30, 2011
	Rayonier Inc. (Parent Guarantor)		ROC (Subsidiary Guarantor)			Rayonier TRS Holdings Inc. (Issuer)			Subsidiaries of Rayonier TRS Holdings Inc. (Non- guarantors)			All Other Subsidiaries (Non- guarantors)			Consolidating Adjustments			Total Consolidated
SALES	$	—	$	—		$	—		$	1,002,015		$	147,884		$	(49,681	)	$	1,100,218
Costs and Expenses
Cost of sales	—		—			—			750,375			90,630			(54,538		)	786,467
Selling and general expenses	—		7,497			—			38,639			2,051			—			48,187
Other operating expense (income), net	—		130			—			(406		)	(5,304		)	—			(5,580		)
	—		7,627			—			788,608			87,377			(54,538		)	829,074
Equity in income of New Zealand joint venture	—		—			—			561			3,256			—			3,817
OPERATING (LOSS) INCOME	—		(7,627		)	—			213,968			63,763			4,857			274,961
Interest (expense) income	—		(831		)	(37,350		)	73			(192		)	—			(38,300		)
Interest and miscellaneous income (expense), net	—		3,972			(3,313		)	(15,069		)	15,345			—			935
Equity in income from subsidiaries	219,774		224,142			166,190			—			—			(610,106		)	—
INCOME BEFORE INCOME TAXES	219,774		219,656			125,527			198,972			78,916			(605,249		)	237,596
Income tax benefit (expense)	—		118			14,842			(32,782		)	—			—			(17,822		)
NET INCOME	219,774		219,774			140,369			166,190			78,916			(605,249		)	219,774
OTHER COMPREHENSIVE INCOME	$	17,265	$	17,265		$	524		$	524		$	10,919		$	(29,232	)	$	17,265
COMPREHENSIVE INCOME	$	237,039	$	237,039		$	140,893		$	166,714		$	89,835		$	(634,481	)	$	237,039

Schedule of Condensed Consolidating Balance Sheets [Table Text Block]



	CONDENSED CONSOLIDATING BALANCE SHEETS As of September 30, 2012
	Rayonier Inc. (Parent Guarantor)		ROC (Subsidiary Guarantor)		Rayonier TRS Holdings Inc. (Issuer)		Subsidiaries of Rayonier TRS Holdings Inc. (Non- guarantors)			All Other Subsidiaries (Non- guarantors)		Consolidating Adjustments			Total Consolidated
ASSETS
CURRENT ASSETS
Cash and cash equivalents	$	76,809	$	59,546	$	46,287	$	9,130		$	23,703	$	—		$	215,475
Accounts receivable, less allowance for doubtful accounts	11		234		—		106,534			3,164		—			109,943
Inventory	—		—		—		139,521			—		(18,438		)	121,083
Intercompany interest receivable	—		—		—		—			3,153		(3,153		)	—
Prepaid and other current assets	—		831		709		67,984			9,156		—			78,680
Total current assets	76,820		60,611		46,996		323,169			39,176		(21,591		)	525,181
TIMBER AND TIMBERLANDS, NET OF DEPLETION AND AMORTIZATION	—		—		—		39,677			1,448,418		1,794			1,489,889
NET PROPERTY, PLANT AND EQUIPMENT	—		2,408		—		624,185			3,218		—			629,811
INVESTMENT IN JOINT VENTURE	—		—		—		(10,741		)	80,930		—			70,189
INVESTMENT IN SUBSIDIARIES	1,449,432		1,638,041		1,289,147		—			—		(4,376,620		)	—
INTERCOMPANY NOTES RECEIVABLE	220,188		—		19,642		—			—		(239,830		)	—
OTHER ASSETS	3,500		26,663		4,228		690,362			18,167		(544,122		)	198,798
TOTAL ASSETS	$	1,749,940	$	1,727,723	$	1,360,013	$	1,666,652		$	1,589,909	$	(5,180,369	)	$	2,913,868
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES
Accounts payable	$	—	$	1,025	$	1	$	86,455		$	4,181	$	—		$	91,662
Current maturities of long-term debt	—		—		41,268		—			—		—			41,268
Accrued taxes	—		1,531		—		56,995			6,196		—			64,722
Accrued payroll and benefits	—		13,994		—		9,224			1,848		—			25,066
Accrued interest	6,974		461		8,734		699			533		—			17,401
Accrued customer incentives	—		—		—		9,620			—		—			9,620
Other current liabilities	—		2,434		—		8,413			17,551		—			28,398
Current liabilities for dispositions and discontinued operations	—		—		—		8,929			—		—			8,929
Total current liabilities	6,974		19,445		50,003		180,335			30,309		—			287,066
LONG-TERM DEBT	325,000		—		565,878		—			76,907		—			967,785
NON-CURRENT LIABILITIES FOR DISPOSITIONS AND DISCONTINUED OPERATIONS	—		—		—		75,524			—		—			75,524
PENSION AND OTHER POSTRETIREMENT BENEFITS	—		114,586		—		25,567			—		—			140,153
OTHER NON-CURRENT LIABILITIES	—		18,058		—		6,736			580		—			25,374
INTERCOMPANY PAYABLE	—		126,202		—		89,343			219,632		(435,177		)	—
TOTAL LIABILITIES	331,974		278,291		615,881		377,505			327,428		(435,177		)	1,495,902
TOTAL SHAREHOLDERS’ EQUITY	1,417,966		1,449,432		744,132		1,289,147			1,262,481		(4,745,192		)	1,417,966
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$	1,749,940	$	1,727,723	$	1,360,013	$	1,666,652		$	1,589,909	$	(5,180,369	)	$	2,913,868



	CONDENSED CONSOLIDATING BALANCE SHEETS As of December 31, 2011
	Rayonier Inc. (Parent Guarantor)		ROC (Subsidiary Guarantor)			Rayonier TRS Holdings Inc. (Issuer)		Subsidiaries of Rayonier TRS Holdings Inc. (Non- guarantors)			All Other Subsidiaries (Non- guarantors)		Consolidating Adjustments			Total Consolidated
ASSETS
CURRENT ASSETS
Cash and cash equivalents	$	—	$	8,977		$	59,976	$	7,398		$	2,252	$	—		$	78,603
Accounts receivable, less allowance for doubtful accounts	—		3			—		94,399			606		—			95,008
Inventory	—		—			—		133,300			—		(11,302		)	121,998
Intercompany interest receivable	—		—			—		—			3,848		(3,848		)	—
Prepaid and other current assets	—		2,328			808		36,937			8,820		—			48,893
Total current assets	—		11,308			60,784		272,034			15,526		(15,150		)	344,502
TIMBER AND TIMBERLANDS, NET OF DEPLETION AND AMORTIZATION	—		—			—		39,824			1,462,027		1,860			1,503,711
NET PROPERTY, PLANT AND EQUIPMENT	—		2,551			—		456,754			2,247		—			461,552
INVESTMENT IN JOINT VENTURE	—		—			—		(11,006		)	80,225		—			69,219
INVESTMENT IN SUBSIDIARIES	1,238,661		1,490,444			1,156,896		—			—		(3,886,001		)	—
INTERCOMPANY NOTES RECEIVABLE	204,420		—			19,073		—			—		(223,493		)	—
OTHER ASSETS	—		26,850			6,491		702,087			6,856		(551,920		)	190,364
TOTAL ASSETS	$	1,443,081	$	1,531,153		$	1,243,244	$	1,459,693		$	1,566,881	$	(4,674,704	)	$	2,569,348
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES
Accounts payable	$	—	$	1,801		$	10	$	69,648		$	1,414	$	—		$	72,873
Current maturities of long-term debt	—		—			28,110		—			—		—			28,110
Accrued taxes	—		(27		)	—		3,934			1,316		—			5,223
Accrued payroll and benefits	—		13,810			—		10,563			2,473		—			26,846
Accrued interest	8		246			5,442		739			609		—			7,044
Accrued customer incentives	—		—			—		10,369			—		—			10,369
Other current liabilities	—		1,886			—		9,199			6,770		—			17,855
Current liabilities for dispositions and discontinued operations	—		—			—		9,931			—		—			9,931
Total current liabilities	8		17,716			33,562		114,383			12,582		—			178,251
LONG-TERM DEBT	120,000		30,000			580,647		—			88,582		—			819,229
NON-CURRENT LIABILITIES FOR DISPOSITIONS AND DISCONTINUED OPERATIONS	—		—			—		80,893			—		—			80,893
PENSION AND OTHER POSTRETIREMENT BENEFITS	—		112,904			—		27,719			—		—			140,623
OTHER NON-CURRENT LIABILITIES	—		20,210			—		6,396			673		—			27,279
INTERCOMPANY PAYABLE	—		111,662			—		73,406			203,208		(388,276		)	—
TOTAL LIABILITIES	120,008		292,492			614,209		302,797			305,045		(388,276		)	1,246,275
TOTAL SHAREHOLDERS’ EQUITY	1,323,073		1,238,661			629,035		1,156,896			1,261,836		(4,286,428		)	1,323,073
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$	1,443,081	$	1,531,153		$	1,243,244	$	1,459,693		$	1,566,881	$	(4,674,704	)	$	2,569,348

Schedule of Condensed Consolidating Statements of Cash Flows [Table Text Block]



	CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS For the Nine Months Ended September 30, 2012
	Rayonier Inc. (Parent Guarantor)			ROC (Subsidiary Guarantor)			Rayonier TRS Holdings Inc. (Issuer)			Subsidiaries of Rayonier TRS Holdings Inc. (Non- guarantors)			All Other Subsidiaries (Non- guarantors)			Consolidating Adjustments			Total Consolidated
CASH PROVIDED BY OPERATING ACTIVITIES	$	23,916		$	105,407		$	12,000		$	191,883		$	125,524		$	(105,088	)	$	353,642
INVESTING ACTIVITIES
Capital expenditures	—			(240		)	—			(84,259		)	(27,516		)	—			(112,015		)
Purchase of timberlands	—			—			—			—			(11,632		)	—			(11,632		)
Jesup mill cellulose specialties expansion	—			—			—			(104,782		)	—			—			(104,782		)
Change in restricted cash	—			—			—			—			(12,796		)	—			(12,796		)
Investment in Subsidiaries	—			—			(5,536		)	—			—			5,536			—
Other	—			(69		)	—			1,979			2,371			—			4,281
CASH USED FOR INVESTING ACTIVITIES	—			(309		)	(5,536		)	(187,062		)	(49,573		)	5,536			(236,944		)
FINANCING ACTIVITIES
Issuance of debt	325,000			—			15,000			—			15,000			—			355,000
Repayment of debt	(120,000		)	(30,000		)	(23,153		)	—			(25,500		)	—			(198,653		)
Dividends paid	(152,358		)	—			—			—			—			—			(152,358		)
Proceeds from the issuance of common shares	20,732			—			—			—			—			—			20,732
Excess tax benefits on stock-based compensation	—			—			—			7,057			—			—			7,057
Debt issuance costs	(3,698		)	—			—			—			—			—			(3,698		)
Repurchase of common shares	(7,783		)	—			—			—			—			—			(7,783		)
Issuance of intercompany notes	(9,000		)	—			—			—			9,000			—			—
Intercompany distributions	—			(24,529		)	(12,000		)	(10,023		)	(53,000		)	99,552			—
CASH PROVIDED BY (USED FOR) FINANCING ACTIVITIES	52,893			(54,529		)	(20,153		)	(2,966		)	(54,500		)	99,552			20,297
EFFECT OF EXCHANGE RATE CHANGES ON CASH	—			—			—			(123		)	—			—			(123		)
CASH AND CASH EQUIVALENTS
Change in cash and cash equivalents	76,809			50,569			(13,689		)	1,732			21,451			—			136,872
Balance, beginning of year	—			8,977			59,976			7,398			2,252			—			78,603
Balance, end of period	$	76,809		$	59,546		$	46,287		$	9,130		$	23,703		$	—		$	215,475



	CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS For the Nine Months Ended September 30, 2011
	Rayonier Inc. (Parent Guarantor)			ROC (Subsidiary Guarantor)			Rayonier TRS Holdings Inc. (Issuer)			Subsidiaries of Rayonier TRS Holdings Inc. (Non- guarantors)			All Other Subsidiaries (Non- guarantors)			Consolidating Adjustments			Total Consolidated
CASH PROVIDED BY OPERATING ACTIVITIES	$	136,224		$	147,352		$	15,000		$	165,221		$	136,241		$	(273,768	)	$	326,270
INVESTING ACTIVITIES
Capital expenditures	—			(16		)	—			(60,950		)	(26,190		)	—			(87,156		)
Purchase of timberlands	—			—			—			(5,638		)	(88,524		)	—			(94,162		)
Jesup mill cellulose specialties expansion	—			—			—			(8,059		)	—			—			(8,059		)
Change in restricted cash	—			—			—			—			8,323			—			8,323
Investment in Subsidiaries	—			(73,736		)	68,613			—			—			5,123			—
Other	—			—			—			584			(71		)	—			513
CASH (USED FOR) PROVIDED BY INVESTING ACTIVITIES	—			(73,752		)	68,613			(74,063		)	(106,462		)	5,123			(180,541		)
FINANCING ACTIVITIES
Issuance of debt	—			75,000			—			—			105,000			—			180,000
Repayment of debt	—			—			(75,000		)	—			(105,000		)	—			(180,000		)
Dividends paid	(136,563		)	—			—			—			—			—			(136,563		)
Proceeds from the issuance of common shares	8,248			—			—			—			—			—			8,248
Excess tax benefits on stock-based compensation	—			—			—			4,951			—			—			4,951
Debt issuance costs	—			(675		)	(676		)	—			(676		)	—			(2,027		)
Repurchase of common shares	(7,909		)	—			—			—			—			—			(7,909		)
Intercompany distributions	—			(135,309		)	(14,760		)	(87,508		)	(31,068		)	268,645			—
CASH USED FOR FINANCING ACTIVITIES	(136,224		)	(60,984		)	(90,436		)	(82,557		)	(31,744		)	268,645			(133,300		)
EFFECT OF EXCHANGE RATE CHANGES ON CASH	—			—			—			393			—			—			393
CASH AND CASH EQUIVALENTS
Change in cash and cash equivalents	—			12,616			(6,823		)	8,994			(1,965		)	—			12,822
Balance, beginning of year	—			29,759			283,258			1,280			35,166			—			349,463
Balance, end of period	$	—		$	42,375		$	276,435		$	10,274		$	33,201		$	—		$	362,285

Senior Notes due 2022 at a fixed interest rate of 3.75% [Member]

Condensed Financial Statements, Captions [Line Items]

Schedule of Condensed Consolidating Statement of Income and Comprehensive Income [Table Text Block]



	CONDENSED CONSOLIDATING STATEMENTS OF INCOME AND COMPREHENSIVE INCOME For the Three Months Ended September 30, 2012
	Rayonier Inc. (Parent Issuer)			Subsidiary Guarantors			All Other Subsidiaries (Non- guarantors)			Consolidating Adjustments			Total Consolidated
SALES	$	—		$	353,967		$	71,153		$	(16,132	)	$	408,988
Costs and Expenses
Cost of sales	—			242,773			52,496			(16,618		)	278,651
Selling and general expenses	—			12,837			3,000			—			15,837
Other operating expense (income), net	—			2,054			(671		)	9			1,392
	—			257,664			54,825			(16,609		)	295,880
Equity in income of New Zealand joint venture	—			—			66			—			66
OPERATING INCOME	—			96,303			16,394			477			113,174
Interest expense	(3,136		)	(4,853		)	(264		)	—			(8,253		)
Interest and miscellaneous income (expense), net	1,630			(3,261		)	1,865			—			234
Equity in income from subsidiaries	82,066			18,527			—			(100,593		)	—
INCOME BEFORE INCOME TAXES	80,560			106,716			17,995			(100,116		)	105,155
Income tax (expense) benefit	—			(24,650		)	55			—			(24,595		)
NET INCOME	80,560			82,066			18,050			(100,116		)	80,560
OTHER COMPREHENSIVE INCOME	9,652			9,652			6,250			(15,902		)	9,652
COMPREHENSIVE INCOME	$	90,212		$	91,718		$	24,300		$	(116,018	)	$	90,212



	CONDENSED CONSOLIDATING STATEMENTS OF INCOME AND COMPREHENSIVE INCOME For the Three Months Ended September 30, 2011
	Rayonier Inc. (Parent Issuer)		Subsidiary Guarantors			All Other Subsidiaries (Non- guarantors)			Consolidating Adjustments			Total Consolidated
SALES	$	—	$	318,523		$	85,878		$	(19,310	)	$	385,091
Costs and Expenses
Cost of sales	—		232,447			54,900			(21,163		)	266,184
Selling and general expenses	—		12,372			3,390			—			15,762
Other operating income, net	—		(1,367		)	(2,804		)	—			(4,171		)
	—		243,452			55,486			(21,163		)	277,775
Equity in income of New Zealand joint venture	—		—			994			—			994
OPERATING INCOME	—		75,071			31,386			1,853			108,310
Interest expense	—		(12,250		)	(106		)	—			(12,356		)
Interest and miscellaneous (expense) income, net	—		(4,846		)	5,177			—			331
Equity in income from subsidiaries	104,909		37,963			—			(142,872		)	—
INCOME BEFORE INCOME TAXES	104,909		95,938			36,457			(141,019		)	96,285
Income tax benefit (expense)	—		8,971			(347		)	—			8,624
NET INCOME	104,909		104,909			36,110			(141,019		)	104,909
OTHER COMPREHENSIVE INCOME	5,215		5,215			2,955			(8,170		)	5,215
COMPREHENSIVE INCOME	$	110,124	$	110,124		$	39,065		$	(149,189	)	$	110,124



	CONDENSED CONSOLIDATING STATEMENTS OF INCOME AND COMPREHENSIVE INCOME For the Nine Months Ended September 30, 2012
	Rayonier Inc. (Parent Issuer)			Subsidiary Guarantors			All Other Subsidiaries (Non- guarantors)			Consolidating Adjustments			Total Consolidated
SALES	$	—		$	981,902		$	205,638		$	(50,846	)	$	1,136,694
Costs and Expenses
Cost of sales	—			694,308			152,394			(52,183		)	794,519
Selling and general expenses	—			40,376			11,329			—			51,705
Other operating expense (income), net	—			473			(6,687		)	1,160			(5,054		)
	—			735,157			157,036			(51,023		)	841,170
Equity in income of New Zealand joint venture	—			—			250			—			250
OPERATING INCOME	—			246,745			48,852			177			295,774
Interest expense	(7,502		)	(26,720		)	(1,911		)	—			(36,133		)
Interest and miscellaneous income (expense), net	5,086			(10,370		)	5,578			—			294
Equity in income from subsidiaries	205,492			52,196			—			(257,688		)	—
INCOME BEFORE INCOME TAXES	203,076			261,851			52,519			(257,511		)	259,935
Income tax expense	—			(56,359		)	(500		)	—			(56,859		)
NET INCOME	203,076			205,492			52,019			(257,511		)	203,076
OTHER COMPREHENSIVE INCOME	13,144			13,144			3,201			(16,345		)	13,144
COMPREHENSIVE INCOME	$	216,220		$	218,636		$	55,220		$	(273,856	)	$	216,220



	CONDENSED CONSOLIDATING STATEMENTS OF INCOME AND COMPREHENSIVE INCOME For the Nine Months Ended September 30, 2011
	Rayonier Inc. (Parent Issuer)		Subsidiary Guarantors			All Other Subsidiaries (Non- guarantors)			Consolidating Adjustments			Total Consolidated
SALES	$	—	$	909,051		$	240,848		$	(49,681	)	$	1,100,218
Costs and Expenses
Cost of sales	—		665,806			175,199			(54,538		)	786,467
Selling and general expenses	—		36,926			11,261			—			48,187
Other operating expense (income), net	—		487			(6,067		)	—			(5,580		)
	—		703,219			180,393			(54,538		)	829,074
Equity in income of New Zealand joint venture	—		—			3,817			—			3,817
OPERATING INCOME	—		205,832			64,272			4,857			274,961
Interest expense	—		(38,108		)	(192		)	—			(38,300		)
Interest and miscellaneous (expense) income, net	—		(14,432		)	15,367			—			935
Equity in income from subsidiaries	219,774		83,665			—			(303,439		)	—
INCOME BEFORE INCOME TAXES	219,774		236,957			79,447			(298,582		)	237,596
Income tax expense	—		(17,183		)	(639		)	—			(17,822		)
NET INCOME	219,774		219,774			78,808			(298,582		)	219,774
OTHER COMPREHENSIVE INCOME	17,265		17,265			10,816			(28,081		)	17,265
COMPREHENSIVE INCOME	$	237,039	$	237,039		$	89,624		$	(326,663	)	$	237,039

Schedule of Condensed Consolidating Balance Sheets [Table Text Block]



	CONDENSED CONSOLIDATING BALANCE SHEETS As of September 30, 2012
	Rayonier Inc. (Parent Issuer)		Subsidiary Guarantors		All Other Subsidiaries (Non- guarantors)		Consolidating Adjustments			Total Consolidated
ASSETS
CURRENT ASSETS
Cash and cash equivalents	$	76,809	$	100,808	$	37,858	$	—		$	215,475
Accounts receivable, less allowance for doubtful accounts	11		103,668		6,264		—			109,943
Inventory	—		138,478		1,043		(18,438		)	121,083
Intercompany interest receivable	—		—		3,153		(3,153		)	—
Prepaid and other current assets	—		64,448		14,232		—			78,680
Total current assets	76,820		407,402		62,550		(21,591		)	525,181
TIMBER AND TIMBERLANDS, NET OF DEPLETION AND AMORTIZATION	—		115,030		1,373,065		1,794			1,489,889
NET PROPERTY, PLANT AND EQUIPMENT	—		625,544		4,267		—			629,811
INVESTMENT IN JOINT VENTURE	—		—		70,189		—			70,189
INVESTMENT IN SUBSIDIARIES	1,449,432		834,374		—		(2,283,806		)	—
INTERCOMPANY NOTES RECEIVABLE	220,188		—		—		(220,188		)	—
OTHER ASSETS	3,500		696,817		42,603		(544,122		)	198,798
TOTAL ASSETS	$	1,749,940	$	2,679,167	$	1,552,674	$	(3,067,913	)	$	2,913,868
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES
Accounts payable	$	—	$	83,347	$	8,315	$	—		$	91,662
Current maturities of long-term debt	—		41,268		—		—			41,268
Accrued taxes	—		58,631		6,091		—			64,722
Accrued payroll and benefits	—		22,603		2,463		—			25,066
Accrued interest	6,974		9,894		533		—			17,401
Accrued customer incentives	—		9,620		—		—			9,620
Other current liabilities	—		10,114		18,284		—			28,398
Current liabilities for dispositions and discontinued operations	—		8,929		—		—			8,929
Total current liabilities	6,974		244,406		35,686		—			287,066
LONG-TERM DEBT	325,000		565,878		76,907		—			967,785
NON-CURRENT LIABILITIES FOR DISPOSITIONS AND DISCONTINUED OPERATIONS	—		75,524		—		—			75,524
PENSION AND OTHER POSTRETIREMENT BENEFITS	—		140,153		—		—			140,153
OTHER NON-CURRENT LIABILITIES	—		24,009		1,365		—			25,374
INTERCOMPANY PAYABLE	—		179,765		235,770		(415,535		)	—
TOTAL LIABILITIES	331,974		1,229,735		349,728		(415,535		)	1,495,902
TOTAL SHAREHOLDERS’ EQUITY	1,417,966		1,449,432		1,202,946		(2,652,378		)	1,417,966
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$	1,749,940	$	2,679,167	$	1,552,674	$	(3,067,913	)	$	2,913,868



	CONDENSED CONSOLIDATING BALANCE SHEETS As of December 31, 2011
	Rayonier Inc. (Parent Issuer)		Subsidiary Guarantors		All Other Subsidiaries (Non- guarantors)		Consolidating Adjustments			Total Consolidated
ASSETS
CURRENT ASSETS
Cash and cash equivalents	$	—	$	58,132	$	20,471	$	—		$	78,603
Accounts receivable, less allowance for doubtful accounts	—		90,658		4,350		—			95,008
Inventory	—		132,323		977		(11,302		)	121,998
Intercompany interest receivable	—		—		3,848		(3,848		)	—
Prepaid and other current assets	—		39,366		9,527		—			48,893
Total current assets	—		320,479		39,173		(15,150		)	344,502
TIMBER AND TIMBERLANDS, NET OF DEPLETION AND AMORTIZATION	—		117,243		1,384,608		1,860			1,503,711
NET PROPERTY, PLANT AND EQUIPMENT	—		458,497		3,055		—			461,552
INVESTMENT IN JOINT VENTURE	—		—		69,219		—			69,219
INVESTMENT IN SUBSIDIARIES	1,238,661		801,838		—		(2,040,499		)	—
INTERCOMPANY NOTES RECEIVABLE	204,420		—		—		(204,420		)	—
OTHER ASSETS	—		710,663		31,622		(551,921		)	190,364
TOTAL ASSETS	$	1,443,081	$	2,408,720	$	1,527,677	$	(2,810,130	)	$	2,569,348
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES
Accounts payable	$	—	$	65,732	$	7,141	$	—		$	72,873
Current maturities of long-term debt	—		28,110		—		—			28,110
Accrued taxes	—		3,838		1,385		—			5,223
Accrued payroll and benefits	—		23,070		3,776		—			26,846
Accrued interest	8		6,427		609		—			7,044
Accrued customer incentives	—		10,369		—		—			10,369
Other current liabilities	—		10,319		7,536		—			17,855
Current liabilities for dispositions and discontinued operations	—		9,931		—		—			9,931
Total current liabilities	8		157,796		20,447		—			178,251
LONG-TERM DEBT	120,000		610,647		88,582		—			819,229
NON-CURRENT LIABILITIES FOR DISPOSITIONS AND DISCONTINUED OPERATIONS	—		80,893		—		—			80,893
PENSION AND OTHER POSTRETIREMENT BENEFITS	—		140,623		—		—			140,623
OTHER NON-CURRENT LIABILITIES	—		25,894		1,385		—			27,279
INTERCOMPANY PAYABLE	—		154,206		214,997		(369,203		)	—
TOTAL LIABILITIES	120,008		1,170,059		325,411		(369,203		)	1,246,275
TOTAL SHAREHOLDERS’ EQUITY	1,323,073		1,238,661		1,202,266		(2,440,927		)	1,323,073
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$	1,443,081	$	2,408,720	$	1,527,677	$	(2,810,130	)	$	2,569,348

Schedule of Condensed Consolidating Statements of Cash Flows [Table Text Block]



	CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS For the Nine Months Ended September 30, 2012
	Rayonier Inc. (Parent Issuer)			Subsidiary Guarantors			All Other Subsidiaries (Non- guarantors)			Consolidating Adjustments			Total Consolidated
CASH PROVIDED BY OPERATING ACTIVITIES	$	23,916		$	285,901		$	121,354		$	(77,529	)	$	353,642
INVESTING ACTIVITIES
Capital expenditures	—			(84,627		)	(27,388		)	—			(112,015		)
Purchase of timberlands	—			(101		)	(11,531		)	—			(11,632		)
Jesup mill cellulose specialties expansion	—			(104,782		)	—			—			(104,782		)
Change in restricted cash	—			—			(12,796		)	—			(12,796		)
Other	—			1,910			2,371			—			4,281
CASH USED FOR INVESTING ACTIVITIES	—			(187,600		)	(49,344		)	—			(236,944		)
FINANCING ACTIVITIES
Issuance of debt	325,000			15,000			15,000			—			355,000
Repayment of debt	(120,000		)	(53,153		)	(25,500		)	—			(198,653		)
Dividends paid	(152,358		)	—			—			—			(152,358		)
Proceeds from the issuance of common shares	20,732			—			—			—			20,732
Excess tax benefits on stock-based compensation	—			7,057			—			—			7,057
Debt issuance costs	(3,698		)	—			—			—			(3,698		)
Repurchase of common shares	(7,783		)	—			—			—			(7,783		)
Issuance of intercompany notes	(9,000		)	—			9,000			—			—
Intercompany distributions	—			(24,529		)	(53,000		)	77,529			—
CASH PROVIDED BY (USED FOR) FINANCING ACTIVITIES	52,893			(55,625		)	(54,500		)	77,529			20,297
EFFECT OF EXCHANGE RATE CHANGES ON CASH	—			—			(123		)	—			(123		)
CASH AND CASH EQUIVALENTS
Change in cash and cash equivalents	76,809			42,676			17,387			—			136,872
Balance, beginning of year	—			58,132			20,471			—			78,603
Balance, end of period	$	76,809		$	100,808		$	37,858		$	—		$	215,475



	CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS For the Nine Months Ended September 30, 2011
	Rayonier Inc. (Parent Issuer)			Subsidiary Guarantors			All Other Subsidiaries (Non- guarantors)			Consolidating Adjustments			Total Consolidated
CASH PROVIDED BY OPERATING ACTIVITIES	$	136,224		$	293,595		$	62,828		$	(166,377	)	$	326,270
INVESTING ACTIVITIES
Capital expenditures	—			(60,887		)	(26,269		)	—			(87,156		)
Purchase of timberlands	—			(83,574		)	(10,588		)	—			(94,162		)
Jesup mill cellulose specialties expansion	—			(8,059		)	—			—			(8,059		)
Change in restricted cash	—			—			8,323			—			8,323
Other	—			584			(71		)	—			513
CASH USED FOR INVESTING ACTIVITIES	—			(151,936		)	(28,605		)	—			(180,541		)
FINANCING ACTIVITIES
Issuance of debt	—			75,000			105,000			—			180,000
Repayment of debt	—			(75,000		)	(105,000		)	—			(180,000		)
Dividends paid	(136,563		)	—			—			—			(136,563		)
Proceeds from the issuance of common shares	8,248			—			—			—			8,248
Excess tax benefits on stock-based compensation	—			4,951			—			—			4,951
Debt issuance costs	—			(1,351		)	(676		)	—			(2,027		)
Repurchase of common shares	(7,909		)	—			—			—			(7,909		)
Intercompany distributions	—			(135,309		)	(31,068		)	166,377			—
CASH USED FOR FINANCING ACTIVITIES	(136,224		)	(131,709		)	(31,744		)	166,377			(133,300		)
EFFECT OF EXCHANGE RATE CHANGES ON CASH	—			—			393			—			393
CASH AND CASH EQUIVALENTS
Change in cash and cash equivalents	—			9,950			2,872			—			12,822
Balance, beginning of year	—			303,746			45,717			—			349,463
Balance, end of period	$	—		$	313,696		$	48,589		$	—		$	362,285

Basis Of Presentation (Details)	9 Months Ended
Basis Of Presentation (Details)	Sep. 30, 2012
Subsequent Event [Line Items]
Subsequent Event, Date Evaluated, Description	The Company evaluated events and transactions that occurred after the balance sheet date but before financial statements were issued

Earnings Per Common Share (Details)
$ / shares in Units, $ in Thousands

3 Months Ended

9 Months Ended

12 Months Ended

Sep. 30, 2012

USD ($)

$ / shares

$ / unit

Sep. 30, 2011

USD ($)

$ / shares

Sep. 30, 2012

USD ($)

$ / shares

$ / unit

Sep. 30, 2011

USD ($)

$ / shares

Dec. 31, 2011

USD ($)

Earnings Per Share [Abstract]

Net Income | $

$ 80,560

$ 104,909

$ 203,076

$ 219,774

$ 276,005

Shares used for determining basic earnings per common share

122,848,705

121,790,059

122,552,910

121,665,644

Dilutive effect of:

Stock options

603,761

689,643

667,960

716,095

Performance and restricted shares

755,884

1,179,047

735,653

1,121,909

Assumed conversion of Senior Exchangeable Notes

^[1],[2]

3,683,936

1,823,600

3,148,423

1,883,270

Assumed conversion of warrants

^[1],[2]

2,067,380

117,260

1,443,606

143,182

Shares used for determining diluted earnings per common share

129,959,666

125,599,609

128,548,552

125,530,100

Basic earnings per common share | $ / shares

$ 0.66

$ 0.86

$ 1.66

$ 1.81

Diluted earnings per common share | $ / shares

0.62

0.84

1.58

1.75

Average Stock Price | $ / shares

$ 48.13

$ 40.93

$ 45.65

$ 41.14

Senior Exchangeable Notes due 2012 at a fixed interest rate of 3.75% [Member]

Strike price of warrants | $ / unit

41.50

Senior Exchangeable Notes due 2015 at a fixed interest rate of 4.50% [Member]

Strike price of warrants | $ / unit

39.58

[1]

The higher number of shares in 2012 was primarily due to an increase in the average stock price from $40.93 for the three months ended September 30, 2011 to $48.13 for the three months ended September 30, 2012 and from $41.14 for the nine months ended September 30, 2011 to $45.65 for the nine months ended September 30, 2012.

[2]

Upon maturity of the Senior Exchangeable Notes (the "Notes"), Rayonier will not issue additional shares for the full difference between the strike price and the market price due to the offsetting exchangeable note hedges (the "hedges"). However, Accounting Standards Codification 260, Earnings Per Share requires the assumed conversion of the Notes to be included in dilutive shares if the average stock price for the period exceeds the strike prices, while the assumed exercise of the hedges are excluded since they are anti-dilutive. Rayonier will distribute additional shares upon maturity of the warrants if the stock price exceeds the strike prices of $41.50 for the Notes due 2012 and $39.58 for the Notes due 2015. For additional information on the potential dilutive impact of the Senior Exchangeable Notes, warrants and exchangeable note hedges, see Note 11 — Debt in the 2011 Annual Report on Form 10-K and Note 13 — Debt of this Form 10-Q.

Earnings Per Common Share Schedule of Antidilutive Shares (Details) - shares

3 Months Ended

9 Months Ended

Sep. 30, 2012

Sep. 30, 2011

Sep. 30, 2012

Sep. 30, 2011

Antidilutive Securities Excluded from Computation of Earnings Per Share

Antidilutive shares excluded from the computations of diluted earnings per share

3,807,153

1,965,735

3,410,182

2,081,864

Stock options, performance and restricted shares

Antidilutive Securities Excluded from Computation of Earnings Per Share

Antidilutive shares excluded from the computations of diluted earnings per share

123,217

142,135

261,759

198,594

Assumed exercise of exchangeable note hedges

Antidilutive Securities Excluded from Computation of Earnings Per Share

Antidilutive shares excluded from the computations of diluted earnings per share

^[1]

3,683,936

1,823,600

3,148,423

1,883,270

[1]

- Definition

Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Antidilution
-URI http://asc.fasb.org/extlink&oid=6505113

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Diluted Earnings Per Share
-URI http://asc.fasb.org/extlink&oid=6510752

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Contingent Stock Agreement
-URI http://asc.fasb.org/extlink&oid=6508534

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 40
-Subparagraph c
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 13, 14
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 07-4
-Paragraph 4
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 171
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Income Taxes (Details) - USD ($)	3 Months Ended			9 Months Ended		12 Months Ended
Income Taxes (Details) - USD ($)	Sep. 30, 2012	Jun. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011	Dec. 31, 2009
Gallons Exchanged	22 million gallons		11 million gallons	82 million	41 million
Interest Expense	$ 8,253,000		$ 12,356,000	$ 36,133,000	$ 38,300,000
Income tax expense at federal statutory rate	$ 37,000,000		$ 34,000,000	$ 91,000,000	$ 83,000,000
U.S. federal statutory income tax rate	35.00%		35.00%	35.00%	35.00%
REIT income not subject to tax	$ (6,000,000)		$ (11,000,000)	$ (18,000,000)	$ (25,000,000)
REIT income not subject to tax, %	(5.70%)		(11.30%)	(7.00%)	(10.60%)
Other	$ (3,000,000)		$ (4,000,000)	$ (4,000,000)	$ (5,000,000)
Other, %	(2.90%)		(3.70%)	(1.60%)	(1.90%)
Income tax expense before non-routine items	$ 28,000,000		$ 19,000,000	$ 69,000,000	$ 53,000,000
Income tax expense before non-routine items, %	26.40%		20.00%	26.40%	22.50%
AFMC for CBPC exchange	$ (3,000,000)		$ (2,000,000)	$ (12,000,000)	$ (6,000,000)
AFMC for CBPC exchange, %	(3.00%)		(2.10%)	(4.50%)	(2.60%)
AFMC reserve reversal	$ 0		$ (16,000,000)	$ 0	$ (16,000,000)
AFMC reserve reversal, %	0.00%		(16.60%)	0.00%	(6.70%)
Installment note prepayment	$ 0		$ (9,300,000)	$ 0	$ (9,300,000)
Installment note prepayment, %	0.00%		(9.30%)	0.00%	(3.90%)
Built-in gains tax holiday	$ 0		$ (1,000,000)	$ 0	$ (4,000,000)
Built-in gains tax holiday, %	0.00%		(1.00%)	0.00%	(1.80%)
Income tax expense (benefit) as reported	$ 24,595,000		$ (8,624,000)	$ 56,859,000	$ 17,822,000
Income tax expense (benefit) as reported, %	23.40%		(9.00%)	21.90%	7.50%
Alternative Fuel Mixture Credit [Member]
Tax Credit Amount per Gallon						$ 0.50
Cellulosic Biofuel Producer Credit [Member]
Tax Credit Amount per Gallon						$ 1.01
Exchange of Alternative Fuel Tax Benefit [Member]
Income Tax Credits and Adjustments	$ (2,600,000)		$ (2,000,000)	$ (11,700,000)	$ (6,100,000)
Interest Expense	$ (3,400,000)	$ 3,400,000
Taxability of the Alternative Fuel Mixture Credit [Member]
AFMC reserve reversal					$ (16,000,000)

Restricted Deposits (Details) - USD ($) $ in Millions	9 Months Ended
Restricted Deposits (Details) - USD ($) $ in Millions	Sep. 30, 2012	Dec. 31, 2011
Restricted Cash and Cash Equivalents Items [Line Items]
Maximum Time Period Proceeds From LKE Sale Maintained with Third Party Intermediary	180 days
Restricted Cash and Cash Equivalents	$ 12.8	$ 0.0

Joint Venture Investment (Details) - Matariki [Member] Acres in Millions	Sep. 30, 2012 Acres
Schedule of Equity Method Investments [Line Items]
Equity Method Investment, Ownership Percentage	26.00%
Acres Of Timberland Owned By Joint Venture	0.3

Shareholders' Equity (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011	Dec. 31, 2011
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shareholders' Equity, Period Start			$ 1,323,073	$ 1,251,582	$ 1,251,582
Net Income	$ 80,560	$ 104,909	203,076	219,774	276,005
Dividends			(153,545)		(186,828)
Issuance of shares under incentive stock plans			20,732		13,451
Stock-based compensation			12,212		16,181
Excess tax benefit on stock-based compensation			7,057		5,681
Repurchase of common shares			(7,783)		(7,909)
Net loss from pension and postretirement plans	3,401	2,261	9,943	6,449	(46,263)
Foreign currency translation adjustment	5,373	3,584	3,115	11,314	3,546
New Zealand joint venture cash flow hedges	878	$ (630)	86	$ (498)	(2,373)
Shareholders' Equity, Period End	$ 1,417,966		$ 1,417,966		$ 1,323,073
Dividends [Abstract]
Dividends per share	$ 0.44	$ 0.40	$ 1.24	$ 1.12	$ 1.52
Common Shares [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shareholders' Equity, Period Start			$ 630,286	$ 602,882	$ 602,882
Shares Issued, Period Start			122,035,177	121,023,140	121,023,140
Issuance of shares under incentive stock plans			$ 20,732		$ 13,451
Issuance of shares under incentive stock plan, Shares			1,323,581		1,220,731
Stock-based compensation			$ 12,212		$ 16,181
Excess tax benefit on stock-based compensation			7,057		5,681
Repurchase of common shares			$ (7,783)		$ (7,909)
Repurchase of common shares, Shares			(169,757)		(208,694)
Shares Issued, Period End	123,189,001		123,189,001		122,035,177
Shareholders' Equity, Period End	$ 662,504		$ 662,504		$ 630,286
Retained Earnings [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shareholders' Equity, Period Start			806,235	$ 717,058	717,058
Net Income			203,076		276,005
Dividends			(153,545)		(186,828)
Shareholders' Equity, Period End	855,766		855,766		806,235
Accumulated Other Comprehensive Loss [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shareholders' Equity, Period Start			(113,448)	$ (68,358)	(68,358)
Net loss from pension and postretirement plans			9,943		(46,263)
Foreign currency translation adjustment			3,115		3,546
New Zealand joint venture cash flow hedges			86		(2,373)
Shareholders' Equity, Period End	$ (100,304)		$ (100,304)		$ (113,448)

Segment and Geographical Information (Details) - USD ($)
$ in Thousands

3 Months Ended

9 Months Ended

Sep. 30, 2012

Sep. 30, 2011

Sep. 30, 2012

Sep. 30, 2011

Dec. 31, 2011

Segment Reporting Information [Line Items]

Assets

$ 2,913,868

$ 2,569,348

Sales

408,988

$ 385,091

1,136,694

$ 1,100,218

Operating Income (Loss)

113,174

108,310

295,774

274,961

Depreciation, depletion and amortization

36,313

38,895

102,499

101,758

Forest Resources [Member]

Segment Reporting Information [Line Items]

Assets

1,623,370

1,603,515

Sales

59,853

57,265

164,711

162,482

Operating Income (Loss)

11,184

10,792

27,438

33,681

Depreciation, depletion and amortization

18,793

16,614

52,662

47,866

Real Estate Segment [Member]

Segment Reporting Information [Line Items]

Assets

110,582

102,682

Sales

13,043

32,177

37,369

57,945

Operating Income (Loss)

8,420

28,077

20,897

40,458

Depreciation, depletion and amortization

1,288

5,677

4,733

10,598

Performance Fibers Segment [Member]

Segment Reporting Information [Line Items]

Assets

840,082

646,447

Sales

288,221

255,457

793,586

739,426

Operating Income (Loss)

101,455

74,897

265,812

221,709

Depreciation, depletion and amortization

15,077

15,592

41,577

40,089

Wood Products Segment [Member]

Segment Reporting Information [Line Items]

Assets

18,716

21,264

Sales

22,825

16,492

65,864

50,239

Operating Income (Loss)

1,618

(740)

6,669

(1,274)

Depreciation, depletion and amortization

787

689

2,369

2,344

All Other Segments [Member]

Segment Reporting Information [Line Items]

Assets

23,424

24,576

Sales

26,293

25,950

76,702

94,869

Operating Income (Loss)

(419)

1,122

(201)

955

Intersegment Elimination [Member]

Segment Reporting Information [Line Items]

Sales

^[1]

(1,247)

(2,250)

(1,538)

(4,743)

Unallocated Amount to Segment [Member]

Segment Reporting Information [Line Items]

Assets

297,694

$ 170,864

Operating Income (Loss)

(9,084)

(5,838)

(24,841)

(20,568)

All Other Segments And Unallocated Amount To Segment [Member]

Segment Reporting Information [Line Items]

Depreciation, depletion and amortization

$ 368

$ 323

$ 1,158

$ 861

[1]	Intersegment eliminations primarily reflect sales from our Forest Resources segment to our Performance Fibers segment

Fair Value Measurements Carrying Amounts and Fair Values (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2012	Dec. 31, 2011
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Restricted cash	$ 12,800	$ 0
Current maturities of long-term debt	(41,268)	(28,110)
Long-term debt	$ (967,785)	(819,229)
Cash, Cash Equivalents and Restricted Cash [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair Value Measurements, Valuation Techniques	The carrying amount is equal to fair market value
Borrowings [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair Value Measurements, Valuation Techniques	The fair value of fixed rate debt is based upon quoted market prices for debt with similar terms and maturities.
Carrying Amount
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	$ 215,475	78,603
Restricted cash	12,796	0
Current maturities of long-term debt	(41,268)	(28,110)
Long-term debt	(967,785)	(819,229)
Fair Value \| Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	215,475	78,603
Restricted cash	12,796	0
Current maturities of long-term debt	0	0
Long-term debt	0	0
Fair Value \| Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	0	0
Restricted cash	0	0
Current maturities of long-term debt	(57,993)	(29,319)
Long-term debt	$ (1,179,011)	$ (994,851)

Fair Value Measurements Variable Interest Entity (Details) - USD ($)
$ in Thousands

9 Months Ended

Sep. 30, 2012

Dec. 31, 2004

Variable Interest Entity [Line Items]

Type of Entity

bankruptcy-remote, limited liability subsidiary

Date involvement began

2004

Amount of installment note and letter of credit contributed to special purpose entity

$ 25,000

Amount of cash received

22,600

Interest cash payments received, net

immaterial cash payments

Classification of carrying amount of interest

"Other Assets"

Recorded liability for performance obligation

de minimus guarantee liability

Maximum exposure

$ 28,373

Type of financial obligation

make-whole agreement

Cash to be received upon maturity

$ 2,600

Variable Interest Entity, Not Primary Beneficiary [Member]

Variable Interest Entity [Line Items]

Amount of notes issued by special purpose entity

$ 22,600

Term of notes issued by special purpose entity

15-year

Variable interest entity investment

$ 2,600

Maturity date of notes issued by special purpose entity

2019

Financial Guarantee [Member]

Variable Interest Entity [Line Items]

Recorded liability for performance obligation

de minimus liability

Maximum exposure

^[1]

$ 2,254

[1]

Fair Value Measurements Fair Values Measured on Recurring Basis (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2012	Dec. 31, 2011
Fair Value, Measurements, Recurring [Member] \| Carrying Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment in special-purpose entity	$ 2,676	$ 2,690
Fair Value, Measurements, Recurring [Member] \| Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment in special-purpose entity	$ 2,676	$ 2,690
Variable Interest Entity, Not Primary Beneficiary [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value Measurements, Valuation Techniques	The fair value of the investment in the special-purpose entity is determined by summing the discounted value of future principal and interest payments that Rayonier will receive from the special-purpose entity. The interest rate of a similar instrument is used to determine the discounted value of the payments.

Guarantees (Details)
$ in Thousands

9 Months Ended

Sep. 30, 2012

USD ($)

Guarantor Obligations [Line Items]

Maximum exposure

$ 28,373

Guarantor Obligations, Current Carrying Value

$ 16,432

Variable Interest Entity Recorded Liability For Performance Obligation

de minimus guarantee liability

Financial Standby Letter of Credit [Member]

Guarantor Obligations [Line Items]

Maximum exposure

$ 18,955

^[1]

Guarantor Obligations, Current Carrying Value

15,000

^[1]

Guarantor Obligations Collateral for Industrial Revenue Bonds

$ 15,000

Guarantor Obligations, Term

various dates during 2012 and 2013

Financial Guarantee [Member]

Guarantor Obligations [Line Items]

Maximum exposure

$ 2,254

^[2]

Guarantor Obligations, Current Carrying Value

$ 43

^[2]

Variable Interest Entity Recorded Liability For Performance Obligation

de minimus liability

Guarantee Type, Other [Member]

Guarantor Obligations [Line Items]

Maximum exposure

$ 7,164

^[3]

Guarantor Obligations, Current Carrying Value

$ 1,389

^[3]

Guarantor Obligations, Term

various dates between 2012 and 2014

[1]	Approximately $15 million of the standby letters of credit serve as credit support for industrial revenue bonds. The remaining letters of credit support various insurance related agreements, primarily workers’ compensation and pollution liability policy requirements. These letters of credit will expire at various dates during 2012 and 2013 and will be renewed as required.
[2]	In conjunction with a timberland sale and note monetization in the first quarter of 2004, the Company issued a make-whole agreement pursuant to which it guaranteed $2.3 million of obligations of a special-purpose entity that was established to complete the monetization. At September 30, 2012, the Company has a de minimus liability to reflect the fair market value of its obligation to perform under the make-whole agreement.
[3]	Rayonier issues surety bonds primarily to secure timber harvesting obligations in the State of Washington and to provide collateral for the Company’s workers’ compensation self-insurance program in that state. These surety bonds expire at various dates between 2012 and 2014 and are expected to be renewed as required.

Liabilities for Dispositions and Discontinued Operations Analysis of Activity (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2012	Dec. 31, 2011
Accrual for Environmental Loss Contingencies [Roll Forward]
Balance, beginning of period	$ 90,824	$ 93,160
Expenditures charged to liabilities	(6,867)	(9,209)
Increase to liabilities	496	6,873
Balance, end of period	84,453	90,824
Less: Current portion	(8,929)	(9,931)
Non-current portion	$ 75,524	$ 80,893

- Definition

Carrying value of the obligation (known or estimated) arising from requirements to perform activities to remediate one or more sites, payable in twelve months or in the next operating cycle if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 450
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6952336&loc=d3e14326-108349

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 410
-SubTopic 30
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=6393242&loc=d3e13207-110859

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section 45
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6361293&loc=d3e6911-107765

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 410
-SubTopic 30
-Section 50
-Paragraph 10
-Subparagraph (d)(1)
-URI http://asc.fasb.org/extlink&oid=6393242&loc=d3e13237-110859

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.20)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 43
-Section A
-Paragraph 8
-Chapter 3
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 5
-Paragraph 9
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Statement of Position (SOP)
-Number 96-1
-Paragraph 161, 163
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 20
-Article 5

+ Details

Liabilities for Dispositions and Discontinued Operations Narrative (Details) $ in Millions	9 Months Ended
	Sep. 30, 2012 USD ($)
Environmental Remediation Obligations [Abstract]
Environmental Applicability, Impact and Conclusion Disclosures	The Company is exposed to the risk of reasonably possible additional losses in excess of the established liabilities. As of September 30, 2012, the estimate of this amount could range up to $29 million, allocable over several of the applicable sites, and arises from uncertainty over the availability, feasibility or effectiveness of certain remediation technologies, additional or different contamination that may be discovered, development of new or more effective environmental remediation technologies and the exercise of discretion in interpretation of applicable law and regulations by governmental agencies.
Environmental Contingency, Loss Exposure in Excess of Accrual, High Estimate	$ 29
Environmental Loss Contingencies Term	20 years
Environmental Exit Costs, Nature of Costs	Remedial actions for these sites vary, but could include on-site (and in certain cases off-site) removal or treatment of contaminated soils and sediments, recovery and treatment/remediation of groundwater, and source remediation and/or control.

Employee Benefit Plans Narrative (Details)	9 Months Ended
Employee Benefit Plans Narrative (Details)	Sep. 30, 2012 USD ($)
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plans, General Information	The Company has four qualified non-contributory defined benefit pension plans covering a significant majority of its employees
Defined Benefit Plan, Unfunded Plan	an unfunded plan that provides benefits in excess of amounts allowable under current tax law in the qualified plans
Defined Benefit Plan, Other Information	Currently, all qualified plans are closed to new participants.
Pension Contributions	$ 0

- Definition

General information regarding defined benefit plans. A defined benefit pension plan is a plan that defines an amount of pension benefit to be provided, usually as a function of one or more factors such as age, years of service, or compensation. An other postretirement defined benefit plan is an arrangement that is mutually understood by an employer and its employees, whereby an employer undertakes to provide its employees with benefits other than pensions, after they retire in exchange for their services over a specified period of time, upon attaining a specified age while in service, or a combination of both. Any plan that is not a defined contribution plan is a defined benefit plan. General descriptive information about the employer's defined benefit plans, including employee groups covered, type of benefit formula, type of benefits, cost sharing arrangements, funding policy, types of assets held, and significant nonbenefit liabilities, if any. Also includes information pertaining to multiple employer plans, which are accounted for as single-employer plans.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 60
-Glossary Defined Benefit Postretirement Plan
-URI http://asc.fasb.org/extlink&oid=6749240

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 30
-Glossary Defined Benefit Pension Plan
-URI http://asc.fasb.org/extlink&oid=6510300

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 87
-Paragraph 264
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 158
-Paragraph 7
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 106
-Paragraph 518
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Employee Benefit Plans Net Periodic Benefit Cost (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 2,102	$ 1,695	$ 6,143	$ 5,086
Interest cost	4,321	4,522	12,630	13,566
Expected return on plan assets	(6,369)	(6,455)	(18,618)	(19,366)
Amortization of prior service cost	327	340	956	1,020
Amortization of losses	4,394	2,593	12,846	7,779
Net periodic benefit cost	4,775	2,695	13,957	8,085
Other Postretirement Benefit Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	227	99	664	463
Interest cost	242	257	706	729
Expected return on plan assets	0	0	0	0
Amortization of prior service cost	6	49	18	93
Amortization of losses	156	296	455	428
Net periodic benefit cost	$ 631	$ 701	$ 1,843	$ 1,713

- Definition

An amount calculated as a basis for determining the extent of delayed recognition of the effects of changes in the fair value of assets. The expected return on plan assets is determined based on the expected long-term rate of return on plan assets and the market-related value of plan assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 30
-Glossary Expected Return on Plan Assets
-URI http://asc.fasb.org/extlink&oid=6512136

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 60
-Glossary Expected Return on Plan Assets
-URI http://asc.fasb.org/extlink&oid=6512171

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (h)(3)
-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 87
-Paragraph 264
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph h
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 106
-Paragraph 518
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

The increase in a defined benefit pension plan's projected benefit obligation or a defined benefit postretirement plan's accumulated postretirement benefit obligation due to the passage of time.

+ References + Details

- Definition

The actuarial present value of benefits attributed by the pension benefit formula to services rendered by employees during the period. The portion of the expected postretirement benefit obligation attributed to employee service during the period. The service cost component is a portion of the benefit obligation and is unaffected by the funded status of the plan.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Service Cost (Component of Net Periodic Pension Cost)
-URI http://asc.fasb.org/extlink&oid=6525008

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (h)(1)
-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (a)(1)
-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 87
-Paragraph 264
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph a, h
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 106
-Paragraph 518
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Debt (Details) - USD ($) $ in Thousands	9 Months Ended
Debt (Details) - USD ($) $ in Thousands	Sep. 30, 2012	May 15, 2012	Apr. 09, 2012	Dec. 31, 2011
Debt Instrument [Line Items]
Long-term Debt, Excluding Current Maturities	$ 967,785			$ 819,229
April 2011 Line of Credit [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Amount Outstanding During Period	150,000
Line of Credit Facility, Remaining Borrowing Capacity	$ 431,000
Senior Notes due 2022 at a fixed interest rate of 3.75% [Member]
Debt Instrument [Line Items]
Debt Instrument, Issuance Date	March 2012
Debt Instrument, Face Amount	$ 325,000
Debt Instrument, Interest Rate, Stated Percentage	3.75%
Debt Instrument, Maturity Date, Description	2022
Senior Exchangeable Notes due 2015 at a fixed interest rate of 4.50% [Member]
Debt Instrument [Line Items]
Debt Instrument, Issuance Date	August 2009
Debt Instrument, Face Amount	$ 172,500
Debt Instrument, Interest Rate, Stated Percentage	4.50%
Debt Instrument, Maturity Date, Description	2015
Debt Instrument, Exchange Feature, Exchange Period, Beginning Date	Sep. 30, 2012
Debt Instrument, Exchange Feature, Exchange Period, End Date	Dec. 31, 2012
Debt Instrument, Exchange Feature, Description	Per the indenture, in order for the notes to become exchangeable, the Company's stock price must exceed 130 percent of the exchange price for 20 trading days during a period of 30 consecutive trading days as of the last day of the quarter.
Long-term Debt, Excluding Current Maturities	$ 131,200
Installment note due 2014 at a fixed interest rate of 8.64% [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	112,500
Debt Covenant Requirement, Threshold of Individual Sales to Qualify as Excess Timberland Sales Proceeds	10,000
Debt Covenant Requirement, Limit of Non-reinvestment of Excess Timberland Sales Proceeds	$ 50,000
Debt Covenant Requirement, Period of Repayment Offer, Period Start			April 2012
Debt Covenant Requirement, Amount of Repayment Offer			$ 59,900
Debt Covenant Requirement, Period of Repayment Offer, Period End		May 15, 2012
Debt Covenant Requirement, Excess Timberland Sales Proceeds After Repayment Offer	zero

Debt Subsequent Events (Details) - USD ($) $ in Millions	1 Months Ended	9 Months Ended
Debt Subsequent Events (Details) - USD ($) $ in Millions	Oct. 31, 2012	Sep. 30, 2012	Oct. 15, 2012
Senior Notes due 2022 at a fixed interest rate of 3.75% [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage		3.75%
Debt Instrument, Maturity Date, Description		2022
Senior Exchangeable Notes due 2012 at a fixed interest rate of 3.75% [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage		3.75%
Debt Instrument, Maturity Date, Description		2012
April 2011 Line of Credit [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Interest Rate Description		LIBOR plus 105 basis points
Line of Credit Facility, Commitment Fee Description		20 basis points
Line of Credit Facility, Remaining Borrowing Capacity		$ 431
Amendment of Existing Revolving Credit Facility [Member] \| Senior Notes due 2022 at a fixed interest rate of 3.75% [Member]
Debt Instrument [Line Items]
Subsequent Event, Description	As a result, these guarantors were also released from the 3.75% Senior Notes due 2022 issued by Rayonier Inc., leaving TRS and Rayonier Operating Company LLC as the remaining guarantors.
Amendment of Existing Revolving Credit Facility [Member] \| April 2011 Line of Credit [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Interest Rate Description	LIBOR plus 97.5 basis points
Line of Credit Facility, Change in Commitment Fee	decreased 5 points
Line of Credit Facility, Commitment Fee Description	15 basis points
Subsequent Event, Description	The revised agreement also provides additional borrowing capacity through revision of the leverage ratio to permit debt of Rayonier Inc. and its subsidiaries up to 65 percent of consolidated net worth, plus the amount of consolidated debt. Previously, debt was limited to four times EBITDA. In addition, the Company can now transfer assets to any subsidiary, and any subsidiary can now transfer assets to other subsidiaries or to the Company. An additional covenant was added to limit debt at subsidiaries (excluding Rayonier Operating Company LLC and TRS, which are borrowers under the agreement) to 15 percent of Consolidated Net Tangible Assets. Also, the amended and restated credit agreement removed RFR as a borrower, but also eliminated specific negative covenants relating to RFR under this facility. The agreement also eliminated all requirements for subsidiary guarantors, other than cross-guarantees of the borrowers.
Repayment of Debt [Member] \| Senior Exchangeable Notes due 2012 at a fixed interest rate of 3.75% [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage		3.75%
Debt Instrument, Maturity Date, Description	October 2012
Extinguishment of Debt, Amount	$ 300
Option Indexed to Issuer's Equity, Shares Paid	2,221,056
Option Indexed to Issuer's Equity, Shares Received	2,221,056
Repayment of Debt [Member] \| April 2011 Line of Credit [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Remaining Borrowing Capacity			$ 131
Line of Credit Facility, Increase, Additional Borrowings	$ 300

Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	Sep. 30, 2012	Dec. 31, 2011
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Foreign currency translation adjustments	$ 37,592	$ 34,477
Joint venture cash flow hedges	(3,755)	(3,841)
Unrecognized losses of employee benefit plans, net of tax	(134,141)	(144,084)
Total	$ (100,304)	$ (113,448)

- Definition

Accumulated change, net of tax, in accumulated gains and losses from derivative instruments designated and qualifying as the effective portion of cash flow hedges. Includes an entity's share of an equity investee's Increase or Decrease in deferred hedging gains or losses.

+ References + Details

- Definition

The total of net gain (loss), prior service cost (credit), and transition assets (obligations), as well as minimum pension liability if still remaining, included in accumulated other comprehensive income associated with a defined benefit pension or other postretirement plan(s) because they have yet to be recognized as components of net periodic benefit cost.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 10A
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Reference 2: http://www.xbrl.org/2003/role/presentationRef
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-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14A
-URI http://asc.fasb.org/extlink&oid=20435746&loc=SL7669686-108580

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 26
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 158
-Paragraph 7
-Subparagraph c
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph i
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

Accumulated adjustment, net of tax, that results from the process of translating subsidiary financial statements and foreign equity investments into the reporting currency from the functional currency of the reporting entity, net of reclassification of realized foreign currency translation gains or losses.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14
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-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
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-Paragraph 10A
-Subparagraph (a)
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-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901

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-Name Statement of Financial Accounting Standard (FAS)
-Number 52
-Paragraph 12, 13
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 45
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 52
-Paragraph 31
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 17, 18, 19, 22, 23, 24, 25, 26
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=20435746&loc=d3e637-108580

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-Name Accounting Standards Codification
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-Paragraph 14A
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-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 31
-Article 5

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-Name FASB Staff Position (FSP)
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Reference 6: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Principles Board Opinion (APB)
-Number 12
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Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
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-Paragraph 14, 17, 26
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Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3

+ Details

Other Operating Income, Net (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Operating Income (Loss) [Abstract]
Lease income, primarily for hunting	$ 1,357	$ 1,369	$ 6,263	$ 4,563
Other non-timber income	433	567	2,324	1,551
Foreign currency (loss) gain	(979)	1,017	(1,165)	236
Loss on sale or disposal of property, plant & equipment	(1,176)	(270)	(2,908)	(1,769)
Insurance proceeds	0	1,890	2,319	1,890
Miscellaneous incomr (expense), net	(1,027)	(402)	(1,779)	(891)
Total	$ (1,392)	$ 4,171	$ 5,054	$ 5,580

- Definition

The aggregate foreign currency transaction gain (loss) (both realized and unrealized) included in determining net income for the reporting period. Excludes foreign currency transactions designated as hedges of net investment in a foreign entity and intercompany foreign currency transactions that are of a long-term nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting enterprise's financial statements. For certain enterprises, primarily banks, that are dealers in foreign exchange, foreign currency transaction gains (losses) may be disclosed as dealer gains (losses).

+ References + Details

Consolidating Financial Statements Text (Details) $ in Millions	9 Months Ended
	Sep. 30, 2012 USD ($)
Senior Exchangeable Notes due 2012 at a fixed interest rate of 3.75% [Member]
Debt Instrument [Line Items]
Debt Instrument, Issuance Date	October 2007
Debt Instrument, Face Amount	$ 300.0
Debt Instrument, Interest Rate, Stated Percentage	3.75%
Debt Instrument, Maturity Date, Description	2012
Senior Exchangeable Notes due 2015 at a fixed interest rate of 4.50% [Member]
Debt Instrument [Line Items]
Debt Instrument, Issuance Date	August 2009
Debt Instrument, Face Amount	$ 172.5
Debt Instrument, Interest Rate, Stated Percentage	4.50%
Debt Instrument, Maturity Date, Description	2015
Senior Notes due 2022 at a fixed interest rate of 3.75% [Member]
Debt Instrument [Line Items]
Debt Instrument, Issuance Date	March 2012
Debt Instrument, Face Amount	$ 325.0
Debt Instrument, Interest Rate, Stated Percentage	3.75%
Debt Instrument, Maturity Date, Description	2022

Consolidating Financial Statements Condensed Consolidating Statements of Income and Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011	Dec. 31, 2011
Income Statement [Abstract]
SALES	$ 408,988	$ 385,091	$ 1,136,694	$ 1,100,218
Costs and Expenses
Cost of sales	278,651	266,184	794,519	786,467
Selling and general expenses	15,837	15,762	51,705	48,187
Other operating expense (income), net	1,392	(4,171)	(5,054)	(5,580)
Costs and Expenses, Total	295,880	277,775	841,170	829,074
Equity in income (loss) of New Zealand joint venture	66	994	250	3,817
OPERATING (LOSS) INCOME	113,174	108,310	295,774	274,961
Interest (expense) income	(8,253)	(12,356)	(36,133)	(38,300)
Interest and miscellaneous income (expense), net	234	331	294	935
Equity in income from subsidiaries	0	0	0	0
INCOME BEFORE INCOME TAXES	105,155	96,285	259,935	237,596
Income tax (expense) benefit	(24,595)	8,624	(56,859)	(17,822)
NET INCOME	80,560	104,909	203,076	219,774	$ 276,005
OTHER COMPREHENSIVE INCOME	9,652	5,215	13,144	17,265
COMPREHENSIVE INCOME	90,212	110,124	216,220	237,039
Parent Company [Member]
Income Statement [Abstract]
SALES	0	0	0	0
Costs and Expenses
Cost of sales	0	0	0	0
Selling and general expenses	0	0	0	0
Other operating expense (income), net	0	0	0	0
Costs and Expenses, Total	0	0	0	0
Equity in income (loss) of New Zealand joint venture	0	0	0	0
OPERATING (LOSS) INCOME	0	0	0	0
Interest (expense) income	(3,136)	0	(7,502)	0
Interest and miscellaneous income (expense), net	1,630	0	5,086	0
Equity in income from subsidiaries	82,066	104,909	205,492	219,774
INCOME BEFORE INCOME TAXES	80,560	104,909	203,076	219,774
Income tax (expense) benefit	0	0	0	0
NET INCOME	80,560	104,909	203,076	219,774
OTHER COMPREHENSIVE INCOME	9,652	5,215	13,144	17,265
COMPREHENSIVE INCOME	90,212	110,124	216,220	237,039
Senior Exchangeable Notes due 2012 & 2015 [Member] \| Guarantor Subsidiaries [Member]
Income Statement [Abstract]
SALES	0	0	0	0
Costs and Expenses
Cost of sales	0	0	0	0
Selling and general expenses	2,762	2,566	7,977	7,497
Other operating expense (income), net	730	45	742	130
Costs and Expenses, Total	3,492	2,611	8,719	7,627
Equity in income (loss) of New Zealand joint venture	0	0	0	0
OPERATING (LOSS) INCOME	(3,492)	(2,611)	(8,719)	(7,627)
Interest (expense) income	(196)	(440)	(646)	(831)
Interest and miscellaneous income (expense), net	1,594	1,332	4,580	3,972
Equity in income from subsidiaries	85,241	106,350	211,635	224,142
INCOME BEFORE INCOME TAXES	83,147	104,631	206,850	219,656
Income tax (expense) benefit	(1,081)	278	(1,358)	118
NET INCOME	82,066	104,909	205,492	219,774
OTHER COMPREHENSIVE INCOME	9,652	5,215	13,144	17,265
COMPREHENSIVE INCOME	91,718	110,124	218,636	237,039
Senior Exchangeable Notes due 2012 & 2015 [Member] \| Issuer Subsidiary [Member]
Income Statement [Abstract]
SALES	0	0	0	0
Costs and Expenses
Cost of sales	0	0	0	0
Selling and general expenses	0	0	0	0
Other operating expense (income), net	0	0	0	0
Costs and Expenses, Total	0	0	0	0
Equity in income (loss) of New Zealand joint venture	0	0	0	0
OPERATING (LOSS) INCOME	0	0	0	0
Interest (expense) income	(10,244)	(12,139)	(30,713)	(37,350)
Interest and miscellaneous income (expense), net	(980)	(1,121)	(3,022)	(3,313)
Equity in income from subsidiaries	73,635	76,971	179,787	166,190
INCOME BEFORE INCOME TAXES	62,411	63,711	146,052	125,527
Income tax (expense) benefit	4,096	4,840	12,313	14,842
NET INCOME	66,507	68,551	158,365	140,369
OTHER COMPREHENSIVE INCOME	328	15	1,128	524
COMPREHENSIVE INCOME	66,835	68,566	159,493	140,893
Senior Exchangeable Notes due 2012 & 2015 [Member] \| Non-guarantor Subsidiaries of Rayonier TRS Holdings Inc [Member]
Income Statement [Abstract]
SALES	381,400	342,937	1,062,065	1,002,015
Costs and Expenses
Cost of sales	266,987	254,969	764,886	750,375
Selling and general expenses	12,717	12,584	41,296	38,639
Other operating expense (income), net	2,335	(2,606)	1,517	(406)
Costs and Expenses, Total	282,039	264,947	807,699	788,608
Equity in income (loss) of New Zealand joint venture	169	200	507	561
OPERATING (LOSS) INCOME	99,530	78,190	254,873	213,968
Interest (expense) income	5,587	328	4,639	73
Interest and miscellaneous income (expense), net	(3,872)	(5,053)	(11,911)	(15,069)
Equity in income from subsidiaries	0	0	0	0
INCOME BEFORE INCOME TAXES	101,245	73,465	247,601	198,972
Income tax (expense) benefit	(27,610)	3,506	(67,814)	(32,782)
NET INCOME	73,635	76,971	179,787	166,190
OTHER COMPREHENSIVE INCOME	328	15	1,128	524
COMPREHENSIVE INCOME	73,963	76,986	180,915	166,714
Senior Exchangeable Notes due 2012 & 2015 [Member] \| Non-guarantor Subsidiaries All Other Subsidiaries [Member]
Income Statement [Abstract]
SALES	43,720	61,463	125,475	147,884
Costs and Expenses
Cost of sales	28,282	32,376	81,816	90,630
Selling and general expenses	358	612	2,432	2,051
Other operating expense (income), net	(1,681)	(1,610)	(8,473)	(5,304)
Costs and Expenses, Total	26,959	31,378	75,775	87,377
Equity in income (loss) of New Zealand joint venture	(103)	794	(257)	3,256
OPERATING (LOSS) INCOME	16,658	30,879	49,443	63,763
Interest (expense) income	(264)	(105)	(1,911)	(192)
Interest and miscellaneous income (expense), net	1,862	5,173	5,561	15,345
Equity in income from subsidiaries	0	0	0	0
INCOME BEFORE INCOME TAXES	18,256	35,947	53,093	78,916
Income tax (expense) benefit	0	0	0	0
NET INCOME	18,256	35,947	53,093	78,916
OTHER COMPREHENSIVE INCOME	6,143	3,090	2,719	10,919
COMPREHENSIVE INCOME	24,399	39,037	55,812	89,835
Senior Exchangeable Notes due 2012 & 2015 [Member] \| Consolidation, Eliminations [Member]
Income Statement [Abstract]
SALES	(16,132)	(19,309)	(50,846)	(49,681)
Costs and Expenses
Cost of sales	(16,618)	(21,161)	(52,183)	(54,538)
Selling and general expenses	0	0	0	0
Other operating expense (income), net	8	0	1,160	0
Costs and Expenses, Total	(16,610)	(21,161)	(51,023)	(54,538)
Equity in income (loss) of New Zealand joint venture	0	0	0	0
OPERATING (LOSS) INCOME	478	1,852	177	4,857
Interest (expense) income	0	0	0	0
Interest and miscellaneous income (expense), net	0	0	0	0
Equity in income from subsidiaries	(240,942)	(288,230)	(596,914)	(610,106)
INCOME BEFORE INCOME TAXES	(240,464)	(286,378)	(596,737)	(605,249)
Income tax (expense) benefit	0	0	0	0
NET INCOME	(240,464)	(286,378)	(596,737)	(605,249)
OTHER COMPREHENSIVE INCOME	(16,451)	(8,335)	(18,119)	(29,232)
COMPREHENSIVE INCOME	(256,915)	(294,713)	(614,856)	(634,481)
Senior Notes due 2022 at a fixed interest rate of 3.75% [Member] \| Guarantor Subsidiaries [Member]
Income Statement [Abstract]
SALES	353,967	318,523	981,902	909,051
Costs and Expenses
Cost of sales	242,773	232,447	694,308	665,806
Selling and general expenses	12,837	12,372	40,376	36,926
Other operating expense (income), net	2,054	(1,367)	473	487
Costs and Expenses, Total	257,664	243,452	735,157	703,219
Equity in income (loss) of New Zealand joint venture	0	0	0	0
OPERATING (LOSS) INCOME	96,303	75,071	246,745	205,832
Interest (expense) income	(4,853)	(12,250)	(26,720)	(38,108)
Interest and miscellaneous income (expense), net	(3,261)	(4,846)	(10,370)	(14,432)
Equity in income from subsidiaries	18,527	37,963	52,196	83,665
INCOME BEFORE INCOME TAXES	106,716	95,938	261,851	236,957
Income tax (expense) benefit	(24,650)	8,971	(56,359)	(17,183)
NET INCOME	82,066	104,909	205,492	219,774
OTHER COMPREHENSIVE INCOME	9,652	5,215	13,144	17,265
COMPREHENSIVE INCOME	91,718	110,124	218,636	237,039
Senior Notes due 2022 at a fixed interest rate of 3.75% [Member] \| Non-Guarantor Subsidiaries [Member]
Income Statement [Abstract]
SALES	71,153	85,878	205,638	240,848
Costs and Expenses
Cost of sales	52,496	54,900	152,394	175,199
Selling and general expenses	3,000	3,390	11,329	11,261
Other operating expense (income), net	(671)	(2,804)	(6,687)	(6,067)
Costs and Expenses, Total	54,825	55,486	157,036	180,393
Equity in income (loss) of New Zealand joint venture	66	994	250	3,817
OPERATING (LOSS) INCOME	16,394	31,386	48,852	64,272
Interest (expense) income	(264)	(106)	(1,911)	(192)
Interest and miscellaneous income (expense), net	1,865	5,177	5,578	15,367
Equity in income from subsidiaries	0	0	0	0
INCOME BEFORE INCOME TAXES	17,995	36,457	52,519	79,447
Income tax (expense) benefit	55	(347)	(500)	(639)
NET INCOME	18,050	36,110	52,019	78,808
OTHER COMPREHENSIVE INCOME	6,250	2,955	3,201	10,816
COMPREHENSIVE INCOME	24,300	39,065	55,220	89,624
Senior Notes due 2022 at a fixed interest rate of 3.75% [Member] \| Consolidation, Eliminations [Member]
Income Statement [Abstract]
SALES	(16,132)	(19,310)	(50,846)	(49,681)
Costs and Expenses
Cost of sales	(16,618)	(21,163)	(52,183)	(54,538)
Selling and general expenses	0	0	0	0
Other operating expense (income), net	9	0	1,160	0
Costs and Expenses, Total	(16,609)	(21,163)	(51,023)	(54,538)
Equity in income (loss) of New Zealand joint venture	0	0	0	0
OPERATING (LOSS) INCOME	477	1,853	177	4,857
Interest (expense) income	0	0	0	0
Interest and miscellaneous income (expense), net	0	0	0	0
Equity in income from subsidiaries	(100,593)	(142,872)	(257,688)	(303,439)
INCOME BEFORE INCOME TAXES	(100,116)	(141,019)	(257,511)	(298,582)
Income tax (expense) benefit	0	0	0	0
NET INCOME	(100,116)	(141,019)	(257,511)	(298,582)
OTHER COMPREHENSIVE INCOME	(15,902)	(8,170)	(16,345)	(28,081)
COMPREHENSIVE INCOME	$ (116,018)	$ (149,189)	$ (273,856)	$ (326,663)

Consolidating Financial Statements Condensed Consolidating Balance Sheets (Details) - USD ($) $ in Thousands	Sep. 30, 2012	Dec. 31, 2011	Sep. 30, 2011	Dec. 31, 2010
CURRENT ASSETS
Cash and cash equivalents	$ 215,475	$ 78,603	$ 362,285	$ 349,463
Accounts receivable, less allowance for doubtful accounts	109,943	95,008
Inventory	121,083	121,998
Intercompany interest receivable	0	0
Prepaid and other current assets	78,680	48,893
Total current assets	525,181	344,502
TIMBER AND TIMBERLANDS, NET OF DEPLETION AND AMORTIZATION	1,489,889	1,503,711
NET PROPERTY, PLANT AND EQUIPMENT	629,811	461,552
INVESTMENT IN JOINT VENTURE	70,189	69,219
INVESTMENT IN SUBSIDIARIES	0	0
INTERCOMPANY NOTES RECEIVABLE	0	0
OTHER ASSETS	198,798	190,364
TOTAL ASSETS	2,913,868	2,569,348
CURRENT LIABILITIES
Accounts payable	91,662	72,873
Current maturities of long-term debt	41,268	28,110
Accrued taxes	64,722	5,223
Accrued payroll and benefits	25,066	26,846
Accrued interest	17,401	7,044
Accrued customer incentives	9,620	10,369
Other current liabilities	28,398	17,855
Current liabilities for dispositions and discontinued operations	8,929	9,931
Total current liabilities	287,066	178,251
LONG-TERM DEBT	967,785	819,229
NON-CURRENT LIABILITIES FOR DISPOSITIONS AND DISCONTINUED OPERATIONS	75,524	80,893
PENSION AND OTHER POSTRETIREMENT BENEFITS	140,153	140,623
OTHER NON-CURRENT LIABILITIES	25,374	27,279
INTERCOMPANY PAYABLE	0	0
TOTAL LIABILITIES	1,495,902	1,246,275
TOTAL SHAREHOLDERS' EQUITY	1,417,966	1,323,073		1,251,582
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	2,913,868	2,569,348
Parent Company [Member]
CURRENT ASSETS
Cash and cash equivalents	76,809	0	0	0
Accounts receivable, less allowance for doubtful accounts	11	0
Inventory	0	0
Intercompany interest receivable	0	0
Prepaid and other current assets	0	0
Total current assets	76,820	0
TIMBER AND TIMBERLANDS, NET OF DEPLETION AND AMORTIZATION	0	0
NET PROPERTY, PLANT AND EQUIPMENT	0	0
INVESTMENT IN JOINT VENTURE	0	0
INVESTMENT IN SUBSIDIARIES	1,449,432	1,238,661
INTERCOMPANY NOTES RECEIVABLE	220,188	204,420
OTHER ASSETS	3,500	0
TOTAL ASSETS	1,749,940	1,443,081
CURRENT LIABILITIES
Accounts payable	0	0
Current maturities of long-term debt	0	0
Accrued taxes	0	0
Accrued payroll and benefits	0	0
Accrued interest	6,974	8
Accrued customer incentives	0	0
Other current liabilities	0	0
Current liabilities for dispositions and discontinued operations	0	0
Total current liabilities	6,974	8
LONG-TERM DEBT	325,000	120,000
NON-CURRENT LIABILITIES FOR DISPOSITIONS AND DISCONTINUED OPERATIONS	0	0
PENSION AND OTHER POSTRETIREMENT BENEFITS	0	0
OTHER NON-CURRENT LIABILITIES	0	0
INTERCOMPANY PAYABLE	0	0
TOTAL LIABILITIES	331,974	120,008
TOTAL SHAREHOLDERS' EQUITY	1,417,966	1,323,073
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	1,749,940	1,443,081
Senior Exchangeable Notes due 2012 & 2015 [Member] \| Guarantor Subsidiaries [Member]
CURRENT ASSETS
Cash and cash equivalents	59,546	8,977	42,375	29,759
Accounts receivable, less allowance for doubtful accounts	234	3
Inventory	0	0
Intercompany interest receivable	0	0
Prepaid and other current assets	831	2,328
Total current assets	60,611	11,308
TIMBER AND TIMBERLANDS, NET OF DEPLETION AND AMORTIZATION	0	0
NET PROPERTY, PLANT AND EQUIPMENT	2,408	2,551
INVESTMENT IN JOINT VENTURE	0	0
INVESTMENT IN SUBSIDIARIES	1,638,041	1,490,444
INTERCOMPANY NOTES RECEIVABLE	0	0
OTHER ASSETS	26,663	26,850
TOTAL ASSETS	1,727,723	1,531,153
CURRENT LIABILITIES
Accounts payable	1,025	1,801
Current maturities of long-term debt	0	0
Accrued taxes	1,531	(27)
Accrued payroll and benefits	13,994	13,810
Accrued interest	461	246
Accrued customer incentives	0	0
Other current liabilities	2,434	1,886
Current liabilities for dispositions and discontinued operations	0	0
Total current liabilities	19,445	17,716
LONG-TERM DEBT	0	30,000
NON-CURRENT LIABILITIES FOR DISPOSITIONS AND DISCONTINUED OPERATIONS	0	0
PENSION AND OTHER POSTRETIREMENT BENEFITS	114,586	112,904
OTHER NON-CURRENT LIABILITIES	18,058	20,210
INTERCOMPANY PAYABLE	126,202	111,662
TOTAL LIABILITIES	278,291	292,492
TOTAL SHAREHOLDERS' EQUITY	1,449,432	1,238,661
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	1,727,723	1,531,153
Senior Exchangeable Notes due 2012 & 2015 [Member] \| Issuer Subsidiary [Member]
CURRENT ASSETS
Cash and cash equivalents	46,287	59,976	276,435	283,258
Accounts receivable, less allowance for doubtful accounts	0	0
Inventory	0	0
Intercompany interest receivable	0	0
Prepaid and other current assets	709	808
Total current assets	46,996	60,784
TIMBER AND TIMBERLANDS, NET OF DEPLETION AND AMORTIZATION	0	0
NET PROPERTY, PLANT AND EQUIPMENT	0	0
INVESTMENT IN JOINT VENTURE	0	0
INVESTMENT IN SUBSIDIARIES	1,289,147	1,156,896
INTERCOMPANY NOTES RECEIVABLE	19,642	19,073
OTHER ASSETS	4,228	6,491
TOTAL ASSETS	1,360,013	1,243,244
CURRENT LIABILITIES
Accounts payable	1	10
Current maturities of long-term debt	41,268	28,110
Accrued taxes	0	0
Accrued payroll and benefits	0	0
Accrued interest	8,734	5,442
Accrued customer incentives	0	0
Other current liabilities	0	0
Current liabilities for dispositions and discontinued operations	0	0
Total current liabilities	50,003	33,562
LONG-TERM DEBT	565,878	580,647
NON-CURRENT LIABILITIES FOR DISPOSITIONS AND DISCONTINUED OPERATIONS	0	0
PENSION AND OTHER POSTRETIREMENT BENEFITS	0	0
OTHER NON-CURRENT LIABILITIES	0	0
INTERCOMPANY PAYABLE	0	0
TOTAL LIABILITIES	615,881	614,209
TOTAL SHAREHOLDERS' EQUITY	744,132	629,035
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	1,360,013	1,243,244
Senior Exchangeable Notes due 2012 & 2015 [Member] \| Non-guarantor Subsidiaries of Rayonier TRS Holdings Inc [Member]
CURRENT ASSETS
Cash and cash equivalents	9,130	7,398	10,274	1,280
Accounts receivable, less allowance for doubtful accounts	106,534	94,399
Inventory	139,521	133,300
Intercompany interest receivable	0	0
Prepaid and other current assets	67,984	36,937
Total current assets	323,169	272,034
TIMBER AND TIMBERLANDS, NET OF DEPLETION AND AMORTIZATION	39,677	39,824
NET PROPERTY, PLANT AND EQUIPMENT	624,185	456,754
INVESTMENT IN JOINT VENTURE	(10,741)	(11,006)
INVESTMENT IN SUBSIDIARIES	0	0
INTERCOMPANY NOTES RECEIVABLE	0	0
OTHER ASSETS	690,362	702,087
TOTAL ASSETS	1,666,652	1,459,693
CURRENT LIABILITIES
Accounts payable	86,455	69,648
Current maturities of long-term debt	0	0
Accrued taxes	56,995	3,934
Accrued payroll and benefits	9,224	10,563
Accrued interest	699	739
Accrued customer incentives	9,620	10,369
Other current liabilities	8,413	9,199
Current liabilities for dispositions and discontinued operations	8,929	9,931
Total current liabilities	180,335	114,383
LONG-TERM DEBT	0	0
NON-CURRENT LIABILITIES FOR DISPOSITIONS AND DISCONTINUED OPERATIONS	75,524	80,893
PENSION AND OTHER POSTRETIREMENT BENEFITS	25,567	27,719
OTHER NON-CURRENT LIABILITIES	6,736	6,396
INTERCOMPANY PAYABLE	89,343	73,406
TOTAL LIABILITIES	377,505	302,797
TOTAL SHAREHOLDERS' EQUITY	1,289,147	1,156,896
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	1,666,652	1,459,693
Senior Exchangeable Notes due 2012 & 2015 [Member] \| Non-guarantor Subsidiaries All Other Subsidiaries [Member]
CURRENT ASSETS
Cash and cash equivalents	23,703	2,252	33,201	35,166
Accounts receivable, less allowance for doubtful accounts	3,164	606
Inventory	0	0
Intercompany interest receivable	3,153	3,848
Prepaid and other current assets	9,156	8,820
Total current assets	39,176	15,526
TIMBER AND TIMBERLANDS, NET OF DEPLETION AND AMORTIZATION	1,448,418	1,462,027
NET PROPERTY, PLANT AND EQUIPMENT	3,218	2,247
INVESTMENT IN JOINT VENTURE	80,930	80,225
INVESTMENT IN SUBSIDIARIES	0	0
INTERCOMPANY NOTES RECEIVABLE	0	0
OTHER ASSETS	18,167	6,856
TOTAL ASSETS	1,589,909	1,566,881
CURRENT LIABILITIES
Accounts payable	4,181	1,414
Current maturities of long-term debt	0	0
Accrued taxes	6,196	1,316
Accrued payroll and benefits	1,848	2,473
Accrued interest	533	609
Accrued customer incentives	0	0
Other current liabilities	17,551	6,770
Current liabilities for dispositions and discontinued operations	0	0
Total current liabilities	30,309	12,582
LONG-TERM DEBT	76,907	88,582
NON-CURRENT LIABILITIES FOR DISPOSITIONS AND DISCONTINUED OPERATIONS	0	0
PENSION AND OTHER POSTRETIREMENT BENEFITS	0	0
OTHER NON-CURRENT LIABILITIES	580	673
INTERCOMPANY PAYABLE	219,632	203,208
TOTAL LIABILITIES	327,428	305,045
TOTAL SHAREHOLDERS' EQUITY	1,262,481	1,261,836
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	1,589,909	1,566,881
Senior Exchangeable Notes due 2012 & 2015 [Member] \| Consolidation, Eliminations [Member]
CURRENT ASSETS
Cash and cash equivalents	0	0	0	0
Accounts receivable, less allowance for doubtful accounts	0	0
Inventory	(18,438)	(11,302)
Intercompany interest receivable	(3,153)	(3,848)
Prepaid and other current assets	0	0
Total current assets	(21,591)	(15,150)
TIMBER AND TIMBERLANDS, NET OF DEPLETION AND AMORTIZATION	1,794	1,860
NET PROPERTY, PLANT AND EQUIPMENT	0	0
INVESTMENT IN JOINT VENTURE	0	0
INVESTMENT IN SUBSIDIARIES	(4,376,620)	(3,886,001)
INTERCOMPANY NOTES RECEIVABLE	(239,830)	(223,493)
OTHER ASSETS	(544,122)	(551,920)
TOTAL ASSETS	(5,180,369)	(4,674,704)
CURRENT LIABILITIES
Accounts payable	0	0
Current maturities of long-term debt	0	0
Accrued taxes	0	0
Accrued payroll and benefits	0	0
Accrued interest	0	0
Accrued customer incentives	0	0
Other current liabilities	0	0
Current liabilities for dispositions and discontinued operations	0	0
Total current liabilities	0	0
LONG-TERM DEBT	0	0
NON-CURRENT LIABILITIES FOR DISPOSITIONS AND DISCONTINUED OPERATIONS	0	0
PENSION AND OTHER POSTRETIREMENT BENEFITS	0	0
OTHER NON-CURRENT LIABILITIES	0	0
INTERCOMPANY PAYABLE	(435,177)	(388,276)
TOTAL LIABILITIES	(435,177)	(388,276)
TOTAL SHAREHOLDERS' EQUITY	(4,745,192)	(4,286,428)
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	(5,180,369)	(4,674,704)
Senior Notes due 2022 at a fixed interest rate of 3.75% [Member] \| Guarantor Subsidiaries [Member]
CURRENT ASSETS
Cash and cash equivalents	100,808	58,132	313,696	303,746
Accounts receivable, less allowance for doubtful accounts	103,668	90,658
Inventory	138,478	132,323
Intercompany interest receivable	0	0
Prepaid and other current assets	64,448	39,366
Total current assets	407,402	320,479
TIMBER AND TIMBERLANDS, NET OF DEPLETION AND AMORTIZATION	115,030	117,243
NET PROPERTY, PLANT AND EQUIPMENT	625,544	458,497
INVESTMENT IN JOINT VENTURE	0	0
INVESTMENT IN SUBSIDIARIES	834,374	801,838
INTERCOMPANY NOTES RECEIVABLE	0	0
OTHER ASSETS	696,817	710,663
TOTAL ASSETS	2,679,167	2,408,720
CURRENT LIABILITIES
Accounts payable	83,347	65,732
Current maturities of long-term debt	41,268	28,110
Accrued taxes	58,631	3,838
Accrued payroll and benefits	22,603	23,070
Accrued interest	9,894	6,427
Accrued customer incentives	9,620	10,369
Other current liabilities	10,114	10,319
Current liabilities for dispositions and discontinued operations	8,929	9,931
Total current liabilities	244,406	157,796
LONG-TERM DEBT	565,878	610,647
NON-CURRENT LIABILITIES FOR DISPOSITIONS AND DISCONTINUED OPERATIONS	75,524	80,893
PENSION AND OTHER POSTRETIREMENT BENEFITS	140,153	140,623
OTHER NON-CURRENT LIABILITIES	24,009	25,894
INTERCOMPANY PAYABLE	179,765	154,206
TOTAL LIABILITIES	1,229,735	1,170,059
TOTAL SHAREHOLDERS' EQUITY	1,449,432	1,238,661
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	2,679,167	2,408,720
Senior Notes due 2022 at a fixed interest rate of 3.75% [Member] \| Non-Guarantor Subsidiaries [Member]
CURRENT ASSETS
Cash and cash equivalents	37,858	20,471	48,589	45,717
Accounts receivable, less allowance for doubtful accounts	6,264	4,350
Inventory	1,043	977
Intercompany interest receivable	3,153	3,848
Prepaid and other current assets	14,232	9,527
Total current assets	62,550	39,173
TIMBER AND TIMBERLANDS, NET OF DEPLETION AND AMORTIZATION	1,373,065	1,384,608
NET PROPERTY, PLANT AND EQUIPMENT	4,267	3,055
INVESTMENT IN JOINT VENTURE	70,189	69,219
INVESTMENT IN SUBSIDIARIES	0	0
INTERCOMPANY NOTES RECEIVABLE	0	0
OTHER ASSETS	42,603	31,622
TOTAL ASSETS	1,552,674	1,527,677
CURRENT LIABILITIES
Accounts payable	8,315	7,141
Current maturities of long-term debt	0	0
Accrued taxes	6,091	1,385
Accrued payroll and benefits	2,463	3,776
Accrued interest	533	609
Accrued customer incentives	0	0
Other current liabilities	18,284	7,536
Current liabilities for dispositions and discontinued operations	0	0
Total current liabilities	35,686	20,447
LONG-TERM DEBT	76,907	88,582
NON-CURRENT LIABILITIES FOR DISPOSITIONS AND DISCONTINUED OPERATIONS	0	0
PENSION AND OTHER POSTRETIREMENT BENEFITS	0	0
OTHER NON-CURRENT LIABILITIES	1,365	1,385
INTERCOMPANY PAYABLE	235,770	214,997
TOTAL LIABILITIES	349,728	325,411
TOTAL SHAREHOLDERS' EQUITY	1,202,946	1,202,266
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	1,552,674	1,527,677
Senior Notes due 2022 at a fixed interest rate of 3.75% [Member] \| Consolidation, Eliminations [Member]
CURRENT ASSETS
Cash and cash equivalents	0	0	$ 0	$ 0
Accounts receivable, less allowance for doubtful accounts	0	0
Inventory	(18,438)	(11,302)
Intercompany interest receivable	(3,153)	(3,848)
Prepaid and other current assets	0	0
Total current assets	(21,591)	(15,150)
TIMBER AND TIMBERLANDS, NET OF DEPLETION AND AMORTIZATION	1,794	1,860
NET PROPERTY, PLANT AND EQUIPMENT	0	0
INVESTMENT IN JOINT VENTURE	0	0
INVESTMENT IN SUBSIDIARIES	(2,283,806)	(2,040,499)
INTERCOMPANY NOTES RECEIVABLE	(220,188)	(204,420)
OTHER ASSETS	(544,122)	(551,921)
TOTAL ASSETS	(3,067,913)	(2,810,130)
CURRENT LIABILITIES
Accounts payable	0	0
Current maturities of long-term debt	0	0
Accrued taxes	0	0
Accrued payroll and benefits	0	0
Accrued interest	0	0
Accrued customer incentives	0	0
Other current liabilities	0	0
Current liabilities for dispositions and discontinued operations	0	0
Total current liabilities	0	0
LONG-TERM DEBT	0	0
NON-CURRENT LIABILITIES FOR DISPOSITIONS AND DISCONTINUED OPERATIONS	0	0
PENSION AND OTHER POSTRETIREMENT BENEFITS	0	0
OTHER NON-CURRENT LIABILITIES	0	0
INTERCOMPANY PAYABLE	(415,535)	(369,203)
TOTAL LIABILITIES	(415,535)	(369,203)
TOTAL SHAREHOLDERS' EQUITY	(2,652,378)	(2,440,927)
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ (3,067,913)	$ (2,810,130)

Consolidating Financial Statements Condensed Consolidating Statements of Cash Flows (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
Statement of Cash Flows [Abstract]
CASH PROVIDED BY OPERATING ACTIVITIES	$ 353,642	$ 326,270
INVESTING ACTIVITIES
Capital Expenditures	(112,015)	(87,156)
Purchase of timberlands	(11,632)	(94,162)
Jesup mill cellulose specialties expansion	(104,782)	(8,059)
Change in restricted cash	(12,796)	8,323
Investment in Subsidiaries	0	0
Other	4,281	513
CASH (USED FOR) PROVIDED BY INVESTING ACTIVITIES	(236,944)	(180,541)
FINANCING ACTIVITIES
Issuance of debt	355,000	180,000
Repayment of debt	(198,653)	(180,000)
Dividends paid	(152,358)	(136,563)
Proceeds from the issuance of common shares	20,732	8,248
Excess tax benefits on stock-based compensation	7,057	4,951
Debt issuance costs	(3,698)	(2,027)
Repurchase of common shares	(7,783)	(7,909)
Issuance of intercompany notes	0
Intercompany distributions	0	0
CASH PROVIDED BY (USED FOR) FINANCING ACTIVITIES	20,297	(133,300)
EFFECT OF EXCHANGE RATE CHANGES ON CASH	(123)	393
CASH AND CASH EQUIVALENTS
Change in cash and cash equivalents	136,872	12,822
Balance, beginning of year	78,603	349,463
Balance, end of period	215,475	362,285
Parent Company [Member]
Statement of Cash Flows [Abstract]
CASH PROVIDED BY OPERATING ACTIVITIES	23,916	136,224
INVESTING ACTIVITIES
Capital Expenditures	0	0
Purchase of timberlands	0	0
Jesup mill cellulose specialties expansion	0	0
Change in restricted cash	0	0
Investment in Subsidiaries	0	0
Other	0	0
CASH (USED FOR) PROVIDED BY INVESTING ACTIVITIES	0	0
FINANCING ACTIVITIES
Issuance of debt	325,000	0
Repayment of debt	(120,000)	0
Dividends paid	152,358	136,563
Proceeds from the issuance of common shares	20,732	8,248
Excess tax benefits on stock-based compensation	0	0
Debt issuance costs	(3,698)	0
Repurchase of common shares	(7,783)	(7,909)
Issuance of intercompany notes	(9,000)
Intercompany distributions	0	0
CASH PROVIDED BY (USED FOR) FINANCING ACTIVITIES	52,893	(136,224)
EFFECT OF EXCHANGE RATE CHANGES ON CASH	0	0
CASH AND CASH EQUIVALENTS
Change in cash and cash equivalents	76,809	0
Balance, beginning of year	0	0
Balance, end of period	76,809	0
Senior Exchangeable Notes due 2012 & 2015 [Member] \| Guarantor Subsidiaries [Member]
Statement of Cash Flows [Abstract]
CASH PROVIDED BY OPERATING ACTIVITIES	105,407	147,352
INVESTING ACTIVITIES
Capital Expenditures	(240)	(16)
Purchase of timberlands	0	0
Jesup mill cellulose specialties expansion	0	0
Change in restricted cash	0	0
Investment in Subsidiaries	0	(73,736)
Other	(69)	0
CASH (USED FOR) PROVIDED BY INVESTING ACTIVITIES	(309)	(73,752)
FINANCING ACTIVITIES
Issuance of debt	0	75,000
Repayment of debt	(30,000)	0
Dividends paid	0	0
Proceeds from the issuance of common shares	0	0
Excess tax benefits on stock-based compensation	0	0
Debt issuance costs	0	(675)
Repurchase of common shares	0	0
Issuance of intercompany notes	0
Intercompany distributions	(24,529)	(135,309)
CASH PROVIDED BY (USED FOR) FINANCING ACTIVITIES	(54,529)	(60,984)
EFFECT OF EXCHANGE RATE CHANGES ON CASH	0	0
CASH AND CASH EQUIVALENTS
Change in cash and cash equivalents	50,569	12,616
Balance, beginning of year	8,977	29,759
Balance, end of period	59,546	42,375
Senior Exchangeable Notes due 2012 & 2015 [Member] \| Issuer Subsidiary [Member]
Statement of Cash Flows [Abstract]
CASH PROVIDED BY OPERATING ACTIVITIES	12,000	15,000
INVESTING ACTIVITIES
Capital Expenditures	0	0
Purchase of timberlands	0	0
Jesup mill cellulose specialties expansion	0	0
Change in restricted cash	0	0
Investment in Subsidiaries	(5,536)	68,613
Other	0	0
CASH (USED FOR) PROVIDED BY INVESTING ACTIVITIES	(5,536)	68,613
FINANCING ACTIVITIES
Issuance of debt	15,000	0
Repayment of debt	(23,153)	(75,000)
Dividends paid	0	0
Proceeds from the issuance of common shares	0	0
Excess tax benefits on stock-based compensation	0	0
Debt issuance costs	0	(676)
Repurchase of common shares	0	0
Issuance of intercompany notes	0
Intercompany distributions	(12,000)	(14,760)
CASH PROVIDED BY (USED FOR) FINANCING ACTIVITIES	(20,153)	(90,436)
EFFECT OF EXCHANGE RATE CHANGES ON CASH	0	0
CASH AND CASH EQUIVALENTS
Change in cash and cash equivalents	(13,689)	(6,823)
Balance, beginning of year	59,976	283,258
Balance, end of period	46,287	276,435
Senior Exchangeable Notes due 2012 & 2015 [Member] \| Non-guarantor Subsidiaries of Rayonier TRS Holdings Inc [Member]
Statement of Cash Flows [Abstract]
CASH PROVIDED BY OPERATING ACTIVITIES	191,883	165,221
INVESTING ACTIVITIES
Capital Expenditures	(84,259)	(60,950)
Purchase of timberlands	0	(5,638)
Jesup mill cellulose specialties expansion	(104,782)	(8,059)
Change in restricted cash	0	0
Investment in Subsidiaries	0	0
Other	1,979	584
CASH (USED FOR) PROVIDED BY INVESTING ACTIVITIES	(187,062)	(74,063)
FINANCING ACTIVITIES
Issuance of debt	0	0
Repayment of debt	0	0
Dividends paid	0	0
Proceeds from the issuance of common shares	0	0
Excess tax benefits on stock-based compensation	7,057	4,951
Debt issuance costs	0	0
Repurchase of common shares	0	0
Issuance of intercompany notes	0
Intercompany distributions	(10,023)	(87,508)
CASH PROVIDED BY (USED FOR) FINANCING ACTIVITIES	(2,966)	(82,557)
EFFECT OF EXCHANGE RATE CHANGES ON CASH	(123)	393
CASH AND CASH EQUIVALENTS
Change in cash and cash equivalents	1,732	8,994
Balance, beginning of year	7,398	1,280
Balance, end of period	9,130	10,274
Senior Exchangeable Notes due 2012 & 2015 [Member] \| Non-guarantor Subsidiaries All Other Subsidiaries [Member]
Statement of Cash Flows [Abstract]
CASH PROVIDED BY OPERATING ACTIVITIES	125,524	136,241
INVESTING ACTIVITIES
Capital Expenditures	(27,516)	(26,190)
Purchase of timberlands	(11,632)	(88,524)
Jesup mill cellulose specialties expansion	0	0
Change in restricted cash	(12,796)	8,323
Investment in Subsidiaries	0	0
Other	2,371	(71)
CASH (USED FOR) PROVIDED BY INVESTING ACTIVITIES	(49,573)	(106,462)
FINANCING ACTIVITIES
Issuance of debt	15,000	105,000
Repayment of debt	(25,500)	(105,000)
Dividends paid	0	0
Proceeds from the issuance of common shares	0	0
Excess tax benefits on stock-based compensation	0	0
Debt issuance costs	0	(676)
Repurchase of common shares	0	0
Issuance of intercompany notes	9,000
Intercompany distributions	(53,000)	(31,068)
CASH PROVIDED BY (USED FOR) FINANCING ACTIVITIES	(54,500)	(31,744)
EFFECT OF EXCHANGE RATE CHANGES ON CASH	0	0
CASH AND CASH EQUIVALENTS
Change in cash and cash equivalents	21,451	(1,965)
Balance, beginning of year	2,252	35,166
Balance, end of period	23,703	33,201
Senior Exchangeable Notes due 2012 & 2015 [Member] \| Consolidation, Eliminations [Member]
Statement of Cash Flows [Abstract]
CASH PROVIDED BY OPERATING ACTIVITIES	(105,088)	(273,768)
INVESTING ACTIVITIES
Capital Expenditures	0	0
Purchase of timberlands	0	0
Jesup mill cellulose specialties expansion	0	0
Change in restricted cash	0	0
Investment in Subsidiaries	5,536	5,123
Other	0	0
CASH (USED FOR) PROVIDED BY INVESTING ACTIVITIES	5,536	5,123
FINANCING ACTIVITIES
Issuance of debt	0	0
Repayment of debt	0	0
Dividends paid	0	0
Proceeds from the issuance of common shares	0	0
Excess tax benefits on stock-based compensation	0	0
Debt issuance costs	0	0
Repurchase of common shares	0	0
Issuance of intercompany notes	0
Intercompany distributions	99,552	268,645
CASH PROVIDED BY (USED FOR) FINANCING ACTIVITIES	99,552	268,645
EFFECT OF EXCHANGE RATE CHANGES ON CASH	0	0
CASH AND CASH EQUIVALENTS
Change in cash and cash equivalents	0	0
Balance, beginning of year	0	0
Balance, end of period	0	0
Senior Notes due 2022 at a fixed interest rate of 3.75% [Member] \| Guarantor Subsidiaries [Member]
Statement of Cash Flows [Abstract]
CASH PROVIDED BY OPERATING ACTIVITIES	285,901	293,595
INVESTING ACTIVITIES
Capital Expenditures	(84,627)	(60,887)
Purchase of timberlands	(101)	(83,574)
Jesup mill cellulose specialties expansion	(104,782)	(8,059)
Change in restricted cash	0	0
Other	1,910	584
CASH (USED FOR) PROVIDED BY INVESTING ACTIVITIES	(187,600)	(151,936)
FINANCING ACTIVITIES
Issuance of debt	15,000	75,000
Repayment of debt	(53,153)	(75,000)
Dividends paid	0	0
Proceeds from the issuance of common shares	0	0
Excess tax benefits on stock-based compensation	7,057	4,951
Debt issuance costs	0	(1,351)
Repurchase of common shares	0	0
Issuance of intercompany notes	0
Intercompany distributions	(24,529)	(135,309)
CASH PROVIDED BY (USED FOR) FINANCING ACTIVITIES	(55,625)	(131,709)
EFFECT OF EXCHANGE RATE CHANGES ON CASH	0	0
CASH AND CASH EQUIVALENTS
Change in cash and cash equivalents	42,676	9,950
Balance, beginning of year	58,132	303,746
Balance, end of period	100,808	313,696
Senior Notes due 2022 at a fixed interest rate of 3.75% [Member] \| Non-Guarantor Subsidiaries [Member]
Statement of Cash Flows [Abstract]
CASH PROVIDED BY OPERATING ACTIVITIES	121,354	62,828
INVESTING ACTIVITIES
Capital Expenditures	(27,388)	(26,269)
Purchase of timberlands	(11,531)	(10,588)
Jesup mill cellulose specialties expansion	0	0
Change in restricted cash	(12,796)	8,323
Other	2,371	(71)
CASH (USED FOR) PROVIDED BY INVESTING ACTIVITIES	(49,344)	(28,605)
FINANCING ACTIVITIES
Issuance of debt	15,000	105,000
Repayment of debt	(25,500)	(105,000)
Dividends paid	0	0
Proceeds from the issuance of common shares	0	0
Excess tax benefits on stock-based compensation	0	0
Debt issuance costs	0	(676)
Repurchase of common shares	0	0
Issuance of intercompany notes	9,000
Intercompany distributions	(53,000)	(31,068)
CASH PROVIDED BY (USED FOR) FINANCING ACTIVITIES	(54,500)	(31,744)
EFFECT OF EXCHANGE RATE CHANGES ON CASH	(123)	393
CASH AND CASH EQUIVALENTS
Change in cash and cash equivalents	17,387	2,872
Balance, beginning of year	20,471	45,717
Balance, end of period	37,858	48,589
Senior Notes due 2022 at a fixed interest rate of 3.75% [Member] \| Consolidation, Eliminations [Member]
Statement of Cash Flows [Abstract]
CASH PROVIDED BY OPERATING ACTIVITIES	(77,529)	(166,377)
INVESTING ACTIVITIES
Capital Expenditures	0	0
Purchase of timberlands	0	0
Jesup mill cellulose specialties expansion	0	0
Change in restricted cash	0	0
Other	0	0
CASH (USED FOR) PROVIDED BY INVESTING ACTIVITIES	0	0
FINANCING ACTIVITIES
Issuance of debt	0	0
Repayment of debt	0	0
Dividends paid	0	0
Proceeds from the issuance of common shares	0	0
Excess tax benefits on stock-based compensation	0	0
Debt issuance costs	0	0
Repurchase of common shares	0	0
Issuance of intercompany notes	0
Intercompany distributions	77,529	166,377
CASH PROVIDED BY (USED FOR) FINANCING ACTIVITIES	77,529	166,377
EFFECT OF EXCHANGE RATE CHANGES ON CASH	0	0
CASH AND CASH EQUIVALENTS
Change in cash and cash equivalents	0	0
Balance, beginning of year	0	0
Balance, end of period	$ 0	$ 0