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Level 3 Acquisitions (Tables) | 9 Months Ended
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Sep. 30, 2013
Business Combinations [Abstract] |
Fair value at the date of the Acquisition [Table Text Block] | The following table summarizes the allocations of the purchase price to the assets acquired and liabilities assumed, based on our current estimates of the fair value at the date of the Acquisition (dollars in thousands):
|  | Acquisition Date Fair Value
Accounts receivable |  | $ | 7,735 |
Inventories |  | 6,934 |
Prepaid expenses and other |  | 22 |
Property and equipment |  | 84,988 |
Timber deposits |  | 164 |
Intangible assets: |  |
Customer relationships |  | 1,400 |
Goodwill |  | 8,307 |
Assets acquired |  | 109,550 |
Accounts payable and accrued liabilities |  | 7,534 |
Other long-term liabilities |  | 14 |
Liabilities assumed |  | 7,548 |
Net assets acquired |  | $ | 102,002 |
Pro Forma Financial Information [Table Text Block] | The following pro forma financial information presents the combined results of operations as if the Wood Resources LLC Southeast Operations had been combined with us on January 1, 2012. The pro forma financial information also gives effect to the issuance of $50 million in aggregate principal amount of our 6.375% senior notes due November 1, 2020 (Senior Notes) on August 15, 2013, and the $25.0 million borrowed under our revolving credit facility to partially finance the Acquisition, as if such transactions had occurred on January 1, 2012. The pro forma results are intended for information purposes only and do not purport to represent what the combined companies' results of operations would actually have been had the related transactions in fact occurred on January 1, 2012. They also do not reflect any cost savings, operating synergies, or revenue enhancements that we may achieve or the costs necessary to achieve those cost savings, operating synergies, revenue enhancements, or integration efforts.
|  | Pro Forma
|  | Three Months Ended September 30 |  | Nine Months Ended September 30
|  | 2013 |  | 2012 |  | 2013 |  | 2012
|  | (unaudited, thousands)
Sales |  | $ | 911,481 |  |  | $ | 795,924 |  |  | $ | 2,581,828 |  |  | $ | 2,178,986 |
Net income (a)(b) |  | 17,639 |  |  | 24,493 |  |  | 114,254 |  |  | 43,432 |
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(a) | The pro forma financial information for three and nine months ended September 30, 2013 was adjusted to exclude $0.5 million of acquisition-related costs for legal, accounting, and other advisory-related services and $0.9 million of secondary offering expenses.
(b) | The nine months ended September 30, 2013 includes a $68.7 million income tax benefit associated with the recording of net deferred tax assets upon our conversion to a corporation in connection with our initial public offering.

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2)-(3) -URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4845-128472 + Details
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