1 unchanged sentence
Southern Timber, Pacific Northwest Timber and New Zealand Timber.
−Removed: As of December 31, 2021, we have fully disposed of our timber fund holdings, which represented our ownership in Timber Funds II, III and IV.
−Removed: For additional information on the disposition of our timber fund holdings, see Note 7 — Noncontrolling Interests .
The following table provides a breakdown of our timberland holdings as of September 30, 2022 and December 31, 2022:
20 unchanged sentences
As of December 31, 2022, legal acres in New Zealand were comprised of 297,000 plantable acres and 120,000 non-productive acres.
−Removed: Timber Fund Holdings (a)
−Removed: (acres in 000s) As of September 30, 2021
−Removed: As of December 31, 2021
−Removed: Total Look-through Total Look-through
−Removed: Oregon 18 4 — —
−Removed: Total 18 4 — —
−Removed: (a) As of December 31, 2021, we have fully disposed of our timber fund holdings, which represented our ownership in Timber Funds II, III and IV.
−Removed: For additional information on the disposition of our timber fund holdings, see Note 7 — Noncontrolling Interests .
−Removed: Total Timberland Under Management
−Removed: (acres in 000s) As of September 30, 2021
−Removed: As of December 31, 2021
−Removed: Southern 1,739 1,798
−Removed: Pacific Northwest 490 490
−Removed: New Zealand 418 419
−Removed: Timber Funds (a) 18 —
−Removed: Total 2,665 2,707
−Removed: (a) As of December 31, 2021, we have fully disposed of our timber fund holdings, which represented our ownership in Timber Funds II, III and IV.
−Removed: For additional information on the disposition of our timber fund holdings, see Note 7 — Noncontrolling Interests .
The following tables detail changes in our portfolio of owned and leased timberlands by state from December 31, 2021 to December 31, 2022:
1 unchanged sentence
December 31, 2021
−Removed: Acquisitions Sales Other December 31, 2021
+Added: Acquisitions Sales December 31, 2022
Alabama 223 36 (1) 258
15 unchanged sentences
December 31, 2021
−Removed: New Leases Sold/Expired Leases (a) Other (b) December 31, 2021
+Added: New Leases Sold/Expired Leases (a) December 31, 2022
Alabama 14 — — 14
4 unchanged sentences
Pacific Northwest
−Removed: Washington (c) 4 — — — 4
−Removed: New Zealand (d) 232 1 (1) — 232
+Added: Washington (b) 4 — (1) 3
+Added: New Zealand (c) 232 — (3) 229
Total 369 — (10) 359
(a) Includes acres previously under lease that have been harvested and activity for the relinquishment of leased acres.
−Removed: (b) Includes acres previously under lease that we have acquired as fee ownership.
−Removed: (c) Primarily timber reservations acquired in the merger with Pope Resources.
−Removed: (d) Represents legal acres leased by the New Zealand subsidiary, in which Rayonier has a 77% interest.
−Removed: The following table details activity in our timber fund holdings by state from December 31, 2020 to December 31, 2021:
−Removed: (acres in 000s) Acres Owned (a)
−Removed: December 31, 2020
−Removed: Acquisitions Sales Other December 31, 2021
−Removed: Oregon 18 — (18) — —
−Removed: Washington 13 — (13) — —
−Removed: Total Fund II 31 — (31) — —
−Removed: Look-through share of Fund II 6 — (6) — —
−Removed: Oregon 13 — (13) — —
−Removed: Washington 25 — (25) — —
−Removed: California 19 — (19) — —
−Removed: Total Fund III 57 — (57) — —
−Removed: Look-through share of Fund III 3 — (3) — —
−Removed: Oregon 20 — (20) — —
−Removed: Washington 33 — (33) — —
−Removed: Total Fund IV 53 — (53) — —
−Removed: Look-through share of Fund IV 8 — (8) — —
−Removed: Total Timber Funds 141 — (141) — —
−Removed: Look-through share of Funds 17 — (17) — —
−Removed: (a) As of December 31, 2021, we have fully disposed of our timber fund holdings, which represented our ownership in Timber Funds II, III and IV.
−Removed: For additional information on the disposition of our timber fund holdings, see Note 7 — Noncontrolling Interests .
+Added: (b) Primarily timber reservations acquired in the merger with Pope Resources.
+Added: (c) Represents legal acres leased by the New Zealand subsidiary, in which Rayonier has a 77% interest.
TIMBERLAND LEASES & DEEDS
43 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.