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Transactions with Affiliates
3 Months Ended
Mar. 31, 2015
Related Party Transactions [Abstract]  
Transactions with Affiliates
TRANSACTIONS WITH AFFILIATES
LP has an equity investment in Abitibi-LP, a manufacturer of I-joists with Resolute Forest Products. LP sells products and raw materials to Abitibi-LP and purchases products for resale from Abitibi-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 three months ended March 31, 2015 and 2014, LP sold $1.7 million and $2.5 million of products to Abitibi-LP and purchased $10.4 million and $12.2 million of I-joists from Abitibi-LP. Included in LP’s Consolidated Balance Sheets at March 31, 2015 and December 31, 2014 are $0.9 million and $0.7 million in accounts receivable and $0.4 million in accounts payable for both periods associated with Abitibi-LP.