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Summary of Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2011
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract] |
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] | The following table sets forth the computation of basic and diluted earnings per share:
| Year ended December 31,
Dollar and share amounts in millions, except per share amounts | 2011 |  | 2010 |  | 2009
Numerator: |  |  |  |  |
Income (loss) attributed to LP common shares: |  |  |  |  |
Loss from continuing operations | $ | (172.1 | ) |  | $ | (32.6 | ) |  | $ | (115.6 | )
Loss from discontinued operations | (9.2 | ) |  | (6.4 | ) |  | (5.3 | )
Net loss | $ | (181.3 | ) |  | $ | (39.0 | ) |  | $ | (120.9 | )
Denominator: |  |  |  |  |
Basic—weighted average common shares outstanding | 133.2 |  |  | 129.1 |  |  | 108.5 |
Dilutive effect of employee stock plans | — |  |  | — |  |  | — |
Dilutive effect of stock warrants | — |  |  | — |  |  | — |
Diluted shares outstanding | 133.2 |  |  | 129.1 |  |  | 108.5 |
Basic earnings per share: |  |  |  |  |
Loss from continuing operations | $ | (1.29 | ) |  | $ | (0.25 | ) |  | $ | (1.06 | )
Loss from discontinued operations | (0.07 | ) |  | (0.05 | ) |  | (0.05 | )
Net loss per share | $ | (1.36 | ) |  | $ | (0.30 | ) |  | $ | (1.11 | )
Diluted earnings per share: |  |  |  |  |
Loss from continuing operations | $ | (1.29 | ) |  | $ | (0.25 | ) |  | $ | (1.06 | )
Loss from discontinued operations | (0.07 | ) |  | (0.05 | ) |  | (0.05 | )
Net loss per share | $ | (1.36 | ) |  | $ | (0.30 | ) |  | $ | (1.11 | )
Disclosure of Long Lived Assets Held-for-sale [Table Text Block] | he current book values of assets held for sale by category is as follows:
Dollar amounts in millions | December 31,
2011 |  | 2010
Property, plant and equipment, at cost: |  |  |
Land, land improvements and logging roads, net of road amortization | $ | 13.1 |  |  | $ | 13.4 |
Buildings | 22.9 |  |  | 24.5 |
Machinery and equipment | 178.3 |  |  | 197.7 |
| 214.3 |  |  | 235.6 |
Accumulated depreciation | (162.4 | ) |  | (177.7 | )
Net property, plant and equipment | $ | 51.9 |  |  | $ | 57.9 |

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- Definition Tabular disclosure of long lived assets held for sale. Disclosure may include the description of the facts and circumstances leading to the expected disposal, manner and timing of disposal, the carrying value of the assets held for sale, the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 144 -Paragraph 33, 47 -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 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6391110&loc=d3e2941-110230 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760 + Details
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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations. + References No definition available. + Details
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