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Gain (loss) on sales or impairment of long lived assets
12 Months Ended
Dec. 31, 2014
GAIN (LOSS) ON SALE OF AND IMPAIRMENT OF LONG-LIVED ASSETS, NET [Abstract]  
Details of Impairment of Long-Lived Assets Held and Used by Asset [Table Text Block]
LOSS ON SALE OR IMPAIRMENT OF LONG-LIVED ASSETS
The major components of “Loss on sale or impairment of long-lived assets” in the Consolidated Statements of Income for the years ended December 31 are reflected in the table below and are described in the paragraphs following the table:
Dollar amounts in millions
Year ended December 31,
2014
 
2013
 
2012
Impairment charges on long-lived assets
$

 
$
(0.1
)
 
$
(4.4
)
Gain (loss) on sale of other long-lived assets
3.1

 
(0.1
)
 
(0.5
)
 
$
3.1

 
$
(0.2
)
 
$
(4.9
)

2014
During 2014, LP recorded a net gain on sale of long-lived assets of $3.1 million. This net gain includes the following items:
a gain of $3.7 million related to the sale of the Athens Georgia facility; and
a loss of $0.6 million associated with the retirement of environmental equipment.
2013
During 2013, LP recorded a loss on sale of and impairment of long-lived assets of $0.2 million. This net loss includes the following items:
a loss of $0.1 million related to the impairment of an asset associated with a siding facility in Roaring River, NC; and
a loss of $0.1 million associated with the sales of various assets.
2012
During 2012, LP recorded a loss on sale of and impairment of long-lived assets of $4.9 million. This net loss includes the following items:
a $4.4 million charge related to the impairment of assets associated with an OSB mill in Quebec, Canada, included in assets held for sale, based upon a change in the plan of their sale of various assets held for sale to reduce their carrying value to the estimated selling price less selling costs.