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Recent and Prospective Accounting Pronouncements (Notes)
3 Months Ended
Mar. 31, 2015
Accounting Policies [Abstract]  
New Accounting Pronouncements, Policy [Policy Text Block]
RECENT AND PROSPECTIVE ACCOUNTING PRONOUNCEMENTS

In April 2015, the Financial Accounting Standard Board issued ASU No. 2015-03, Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs. The amendments in this ASU require that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. This guidance is effective for annual and interim reporting periods of public entities beginning after December 15, 2015, and early adoption is permitted. LP is currently evaluating the effect that adopting this new accounting guidance will have on its consolidated results of operations and financial position.