v3.26.1
RAYONIER, L.P. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CHANGES IN CAPITAL (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Mar. 31, 2026
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2026
Jun. 30, 2025
Increase (Decrease) in Partners' Capital [Roll Forward]            
(Loss) income from continuing operations $ 19,243   $ 9,769   $ 6,729 $ 4,176
Income (loss) from discontinued operations 0   403,838   0 406,346
Deconsolidation of discontinued operations     18,324      
Replacement equity awards granted in connection with the merger with PotlatchDeltic — precombination service portion   $ 24,983        
Pension and postretirement benefit plans (2) (1) (2) $ (2)    
Foreign currency translation adjustment     16,842 3,633    
Cash flow hedges, net of tax 10,234 2,256 1,400 (7,047)    
Distributions to noncontrolling interests in consolidated affiliates     1,171 1,911    
Rayonier Limited Partnership            
Increase (Decrease) in Partners' Capital [Roll Forward]            
Beginning balance 5,329,356 2,209,735 1,925,295 1,780,533 2,209,735 1,780,533
(Loss) income from continuing operations 19,243 (12,514) 9,769 (5,592) 6,729 4,176
Income (loss) from discontinued operations 0   403,838 2,507 0 406,346
Deconsolidation of discontinued operations     18,324      
Distributions on units (78,425) (81,533) (42,955) (43,254)    
Issuance of common units associated with the merger with PotlatchDeltic, net of equity issuance costs of $0.9 million   3,202,571        
Issuance of units from special distribution [1]       203,135    
Replacement equity awards granted in connection with the merger with PotlatchDeltic — precombination service portion   24,983        
Stock-based incentive compensation 5,853 15,413 3,628 2,281    
Adjustment of Redeemable Operating Partnership Units 426 506 4,599 (6,355)    
Conversion of units into common shares 87 14 218 28    
Pension and postretirement benefit plans (2) (1) (2) (2)    
Foreign currency translation adjustment     16,842 3,633    
Cash flow hedges, net of tax 10,234 2,256 1,400 (7,047)    
Distributions to noncontrolling interests in consolidated affiliates     1,171 1,911    
Ending balance 5,212,152 5,329,356 2,302,217 1,925,295 5,212,152 2,302,217
Rayonier Limited Partnership | Incentive Stock Awards Repurchase Program            
Increase (Decrease) in Partners' Capital [Roll Forward]            
Repurchase of units made under repurchase program (2,228) (1,006) (2,640) (38)    
Rayonier Limited Partnership | Repurchase Program            
Increase (Decrease) in Partners' Capital [Roll Forward]            
Repurchase of units made under repurchase program (72,392) (31,068) (34,928) (2,623)    
Units | General Partner’s Capital            
Increase (Decrease) in Partners' Capital [Roll Forward]            
Issuance of common units associated with the merger with PotlatchDeltic, net of equity issuance costs of $0.9 million   32,026        
Replacement equity awards granted in connection with the merger with PotlatchDeltic — precombination service portion   250        
Units | General Partner’s Capital | Rayonier Limited Partnership            
Increase (Decrease) in Partners' Capital [Roll Forward]            
Beginning balance 53,008 21,834 19,269 17,772 21,834 17,772
(Loss) income from continuing operations 192 (126) 98 (56)    
Income (loss) from discontinued operations     4,044 21    
Distributions on units (784) (815) (430) (432)    
Issuance of units from special distribution [1]       2,031    
Stock-based incentive compensation 59 154 36 23    
Adjustment of Redeemable Operating Partnership Units 4 5 46 (63)    
Conversion of units into common shares 1 1 2      
Ending balance 51,733 53,008 22,690 19,269 51,733 22,690
Units | General Partner’s Capital | Rayonier Limited Partnership | Incentive Stock Awards Repurchase Program            
Increase (Decrease) in Partners' Capital [Roll Forward]            
Repurchase of units made under repurchase program (23) (10) (26) (1)    
Units | General Partner’s Capital | Rayonier Limited Partnership | Repurchase Program            
Increase (Decrease) in Partners' Capital [Roll Forward]            
Repurchase of units made under repurchase program (724) (311) (349) (26)    
Units | Limited Partners’ Capital            
Increase (Decrease) in Partners' Capital [Roll Forward]            
Issuance of common units associated with the merger with PotlatchDeltic, net of equity issuance costs of $0.9 million   3,170,545        
Replacement equity awards granted in connection with the merger with PotlatchDeltic — precombination service portion   24,733        
Units | Limited Partners’ Capital | Rayonier Limited Partnership            
Increase (Decrease) in Partners' Capital [Roll Forward]            
Beginning balance 5,247,735 2,161,543 1,907,612 1,759,405 2,161,543 1,759,405
(Loss) income from continuing operations 19,051 (12,388) 9,671 (5,536)    
Income (loss) from discontinued operations     400,371 2,101    
Distributions on units (77,641) (80,718) (42,525) (42,822)    
Issuance of units from special distribution [1]       201,104    
Stock-based incentive compensation 5,794 15,259 3,592 2,258    
Adjustment of Redeemable Operating Partnership Units 422 501 4,553 (6,292)    
Conversion of units into common shares 86 13 216 28    
Ending balance 5,121,574 5,247,735 2,246,297 1,907,612 5,121,574 2,246,297
Units | Limited Partners’ Capital | Rayonier Limited Partnership | Incentive Stock Awards Repurchase Program            
Increase (Decrease) in Partners' Capital [Roll Forward]            
Repurchase of units made under repurchase program (2,205) (996) (2,614) (37)    
Units | Limited Partners’ Capital | Rayonier Limited Partnership | Repurchase Program            
Increase (Decrease) in Partners' Capital [Roll Forward]            
Repurchase of units made under repurchase program (71,668) (30,757) (34,579) (2,597)    
Accumulated Other Comprehensive Income (Loss) | Rayonier Limited Partnership            
Increase (Decrease) in Partners' Capital [Roll Forward]            
Beginning balance 28,613 26,358 (11,793) (7,865) 26,358 (7,865)
Deconsolidation of discontinued operations     29,068      
Pension and postretirement benefit plans (2) (1) (2) (2)    
Foreign currency translation adjustment     16,252 3,515    
Cash flow hedges, net of tax 10,234 2,256 (295) (7,441)    
Ending balance $ 38,845 $ 28,613 33,230 (11,793) $ 38,845 33,230
Noncontrolling Interests in Consolidated Affiliates | Rayonier Limited Partnership            
Increase (Decrease) in Partners' Capital [Roll Forward]            
Beginning balance     10,207 11,221   11,221
Income (loss) from discontinued operations     (577) 385    
Deconsolidation of discontinued operations     (10,744)      
Foreign currency translation adjustment     590 118    
Cash flow hedges, net of tax     1,695 394    
Distributions to noncontrolling interests in consolidated affiliates     1,171 1,911    
Ending balance     $ 0 $ 10,207   $ 0
[1] Reflects the issuance of units related to the Company’s special distribution of $1.80 per unit, paid on January 30, 2025, to holders of record as of December 12, 2024. This distribution comprised a combination of cash and units.