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Related Party Transactions
 12 Months Ended
Dec. 31, 2011
Related Party Transactions [Abstract]  
Related Party Transactions
17. RELATED PARTY TRANSACTIONS

At December 31, 2011 and 2010, PCA owned approximately 29% of Southern Timber Venture, LLC ("STV") and had not guaranteed the debt of STV and has no future funding requirements. There is no carrying value of the Company's investment in STV under the equity method at December 31, 2011 and 2010. PCA did not receive any dividends from STV in 2011, 2010 or 2009.

PCA purchased pulpwood directly from STV for its Valdosta mill until November 2010, when STV sold its timberlands to another entity. PCA purchased $2.7 million and $3.4 million of pulpwood for its Valdosta, Georgia mill from STV during the years ended December 31, 2010 and 2009, respectively.

 

Unaudited Financial information for STV is as follows:

 

                         
     Year Ended December 31,  
     2011     2010     2009  
     (In thousands)  

Net sales

    $ 1,719      $ 4,548      $ 5,172   

Gross profit (loss)

      (16,389 )      (1,219 )      (450 ) 

Gain from sale of timberlands

      —        13,299        —   

Net income (loss)

      (22,387 )      5,784        (5,912 )