XML 35 R14.htm IDEA: XBRL DOCUMENT
v3.3.1.900

Notes Receivable from Asset Sales | 12 Months Ended
--- | ---
Dec. 31, 2015
Notes Receivable From Asset Sales [Abstract] |
Notes Receivables From Asset Sales [Text Block] |
. | NOTES RECEIVABLE FROM ASSET SALES
Notes receivable from asset sales are related to transactions that occurred during 1997, 1998 and 2003. The 1997 and 1998 notes receivable provide collateral for LP’s limited recourse notes payable and the 2003 notes receivable provide collateral for LP’s non-recourse notes payable (see Note 13). LP monitors the collectability of these notes on a regular basis.
Dollar amounts in millions | Interest Rate 2015 | December 31,
2015 |  | 2014
Notes receivable (secured), maturing 2018, interest rates fixed | 7.3 | % | $ | 22.2 |  |  | $ | 22.2 |
Notes receivable (secured), maturing 2018, interest rate variable |  | 410.0 |  |  | 410.0 |
Total |  | 432.2 |  |  | 432.2 |
Current portion |  | — |  |  | — |
Long-term portion |  | $ | 432.2 |  |  | $ | 432.2 |
The weighted average interest rate for all notes receivable from asset sales at December 31, 2015 and 2014 was approximately 1.1% and 0.8%. LP estimates that the fair value of these notes at December 31, 2015 and 2014 was approximately $437 million and $438 million.

X
- Definition Notes Receivable From Asset Sales [Abstract] + References No definition available. + Details
Name: | lpx_NotesReceivableFromAssetSalesAbstract
Namespace Prefix: | lpx_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Notes Receivables From Asset Sales [Text Block] + References No definition available. + Details
Name: | lpx_NotesReceivablesFromAssetSalesTextBlock
Namespace Prefix: | lpx_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration