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Transactions With Related Parties
 12 Months Ended
Dec. 31, 2013
Transactions With Related Party [Abstract]  
Transactions With Related Parties
Transactions With Related Parties
 
Louisiana Timber Procurement Company, L.L.C. (LTP) is an unconsolidated variable-interest entity that is 50% owned by us and 50% owned by Boise Inc., which became a wholly owned subsidiary of PCA on October 25, 2013. LTP procures sawtimber, pulpwood, residual chips, and other residual wood fiber to meet the wood and fiber requirements of us and Boise Inc. in Louisiana. We are not the primary beneficiary of LTP, as we do not have power to direct the activities that most significantly affect the economic performance of LTP. Accordingly, we do not consolidate LTP's results in our financial statements.
 
Sales
 
Related-party sales to LTP from our Wood Products segment in our Consolidated Statements of Operations were $22.1 million, $19.8 million, and $18.8 million, respectively, during the years ended December 31, 2013, 2012, and 2011. These pulpwood and chip sales were made at prices designed to approximate market. These sales are recorded in "Sales" in our Consolidated Statements of Operations.
 
Costs and Expenses
 
Related-party wood fiber purchases from LTP were $67.5 million, $60.3 million, and $40.1 million, respectively, during the years ended December 31, 2013, 2012, and 2011. We purchased wood fiber at prices designed to approximate market. These costs are recorded in "Materials, labor, and other operating expenses (excluding depreciation)" in our Consolidated Statements of Operations.

Equity

On July 30, 2013, we repurchased 3,864,062 shares of our common stock from BC Holdings, our principal stockholder, for $100.0 million in the Repurchase. We funded the Repurchase with cash on hand.