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Transactions with Affiliates
6 Months Ended
Jun. 30, 2013
Related Party Transactions [Abstract]  
Transactions with Affiliates
TRANSACTIONS WITH AFFILIATES
LP has an equity investment in AbitibiBowater-LP, a manufacturer of I-joists. LP sells products and raw materials to AbitibiBowater-LP and purchases products for resale from AbitibiBowater-LP. LP eliminates profits on these sales and purchases, to the extent the inventory has not been sold through to third parties, on the basis of its 50% interest. For the quarters ended June 30, 2013 and 2012, LP sold $3.9 million and $2.1 million of products to AbitibiBowater-LP and purchased $13.5 million and $10.6 million of I-joists from AbitibiBowater-LP. For the six month period ended June 30, 2013 and 2012, LP sold $7.4 million and $3.7 million of products to AbitibiBowater-LP and purchased $24.5 million and $18.4 million of I-joists from AbitibiBowater-LP. Included in LP’s Consolidated Balance Sheets at June 30, 2013 and December 31, 2012 are $2.9 million and $1.3 million in accounts receivable to this affiliates and $1.4 million and $6.9 million in accounts payable to this affiliate.
Prior to LP's purchase of the remaining joint venture interest from Canfor-LP (see discussion at Note 19), LP purchased $38.0 million and $32.4 million of OSB from Canfor-LP during the quarters ended June 30, 2013 and 2012. LP also purchased $98.2 million and $59.3 million of OSB from Canfor-LP during the six month period ended June 30, 2013 and 2012.