XML 43 R59.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Related Party Transactions (Details) (USD $) | 1 Months Ended | 9 Months Ended |  | 1 Months Ended | 6 Months Ended | 9 Months Ended | 12 Months Ended | 1 Months Ended |  |  |  | 9 Months Ended |  | 9 Months Ended |  | 9 Months Ended |
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Mar. 31, 2011 | Jan. 31, 2011 | Sep. 30, 2012 | Sep. 30, 2011 | Jul. 31, 2011 | Mar. 31, 2012 Golsen Group [Member] | Mar. 31, 2011 Golsen Group [Member] | Jan. 31, 2011 Golsen Group [Member] | Jun. 30, 2011 Golsen Group [Member] | Sep. 30, 2011 Golsen Group [Member] | Dec. 31, 2010 Golsen Group [Member] | Jul. 31, 2011 Golsen Group [Member] Debentures [Member] | Sep. 30, 2011 Golsen Group [Member] Debentures [Member] | Dec. 31, 2010 Golsen Group [Member] Debentures [Member] | Jul. 31, 2011 Golsen Group [Member] Promissory Note [Member] | Sep. 30, 2012 Landmark [Member] | Jun. 30, 2011 Landmark [Member] | Sep. 30, 2012 LLC [Member] | Sep. 30, 2012 Texas Real Estate [Member] | Sep. 30, 2011 Texas Real Estate [Member] Landmark [Member] | Sep. 30, 2012 Put Option [Member] Texas Real Estate [Member] Landmark [Member] | Sep. 30, 2012 Warrant [Member] Texas Real Estate [Member] Landmark [Member] | Feb. 07, 2012 Warrant [Member] Texas Real Estate [Member] Landmark [Member]
Related Party Transactions (Textual) [Abstract] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest paid relating to the debentures |  |  |  |  |  |  |  | $ 137,500 | $ 55,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest Accrued |  |  |  |  |  |  |  |  |  |  | 137,500 |  |  |  |  |  |  |  |  |  |  |  |
Dividends on preferred stocks |  |  | 300,000 | 305,000 |  | 300,000 | 300,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Amount of Debentures sold by a related party to a third party |  |  |  |  |  |  | 3,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Principal amounts converted | 24,400,000 |  |  |  | 2,000,000 |  |  |  |  |  |  | 2,000,000 |  |  | 8,000 |  |  |  |  |  |  |  |
Shares of LSB common stock issued | 888,160 | 72,800 |  |  |  |  |  |  |  |  |  | 72,800 |  |  |  |  |  |  |  |  |  |  |
Promissory note converted into shares |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4,000 |  |  |  |  |  |  |  |
Interest expense relating to the debentures |  |  |  |  |  |  |  |  |  | 60,500 |  |  |  |  |  |  |  |  |  |  |  |  |
Debentures held by Golsen Group |  |  |  |  |  |  |  |  |  |  |  |  | 2,000,000 | 5,000,000 |  |  |  |  |  |  |  |  |
Purchase price |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2,250,000 |  |  | 2,500,000 |  |  |
Percentage of return on purchase price |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 10.00% |  |  | 10.00% |  |  |  |
Put option exercise period |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | May exercise during the sixth year following the purchase of the Real Estate |  |
Maximum number of shares available to purchase under warrants |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1,000,000 |
Purchase price per share of Landmark stock under the warrant |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ 1.00 |
Landmark's 12 month average closing price per common stock share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ 0.11
Amount of contribution to a LLC |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1,000,000 |  |  |  |  |
Loan made by a related party |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2,000,000 |  |  |  |  |
Principal amount of membership interest of the LLC sold for a promissory note |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ 1,100,000 |  |  |  |  |
Barton note due date |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | June 2011 |  |  |  |  |

X
- Definition The amount of 5.5% convertible debentures sold by a related party during the reporting period to third parties. + References No definition available. + Details
Name: | lxu_AmountOfDebenturesSoldByRelatedParty
Namespace Prefix: | lxu_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The date which the Barton note is due and payable. + References No definition available. + Details
Name: | lxu_BartonNoteDueDate
Namespace Prefix: | lxu_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition 5.5% debentures held by a related party. + References No definition available. + Details
Name: | lxu_DebenturesHeldByRelatedParty
Namespace Prefix: | lxu_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The amount of interest accrued at the end of the reporting period related to a certain debt instrument. + References No definition available. + Details
Name: | lxu_InterestAccrued
Namespace Prefix: | lxu_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Loan(s) made by a related party. + References No definition available. + Details
Name: | lxu_LoanMadeByRelatedParty
Namespace Prefix: | lxu_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The maximum number of shares available for purchase by the Company under warrants. + References No definition available. + Details
Name: | lxu_MaximumSharesAvailableForPurchaseUnderWarrants
Namespace Prefix: | lxu_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage of return on purchase price. + References No definition available. + Details
Name: | lxu_PercentageOfReturnOnPurchasePrice
Namespace Prefix: | lxu_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The Principal amount of membership interest of LLC sold for promissory note. + References No definition available. + Details
Name: | lxu_PrincipalAmountOfMembershipInterestOfLlcSoldForPromissoryNote
Namespace Prefix: | lxu_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The purchase price of real estate as defined per the purchase agreement terms. + References No definition available. + Details
Name: | lxu_PurchasePriceRealEstateAgreement
Namespace Prefix: | lxu_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Put option exercise period under real estate agreement. + References No definition available. + Details
Name: | lxu_PutOptionExercisePeriodUnderRealEstateAgreement
Namespace Prefix: | lxu_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | lxu_RelatedPartyTransactionsTextualAbstract
Namespace Prefix: | lxu_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The purchase price per common share of Landmark common stock under the warrants. + References No definition available. + Details
Name: | lxu_SharePurchasePriceUnderWarrant
Namespace Prefix: | lxu_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition Number of shares issued during the period as a result of the conversion of convertible promissory note. + References No definition available. + Details
Name: | lxu_StockIssuedDuringPeriodSharesConversionOfConvertiblePromissoryNote
Namespace Prefix: | lxu_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition The average closing price per common stock share over a twelve month period. + References No definition available. + Details
Name: | lxu_TwelveMonthAverageClosingPricePerCommonStockShare
Namespace Prefix: | lxu_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition The stated principal amount of the debt instrument at time of issuance, which may vary from the carrying amount because of unamortized premium or discount. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=6584090&loc=d3e28878-108400 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Principles Board Opinion (APB) -Number 21 -Paragraph 16, 20 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_DebtInstrumentFaceAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Equity impact of aggregate cash, stock, and paid-in-kind dividends declared for preferred shareholders during the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Statement of Position (SOP) -Number 01-6 -Paragraph 14 -Subparagraph l -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187085-122770 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 405 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6957935&loc=d3e64057-112817 + Details
Name: | us-gaap_DividendsPreferredStock
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Interest expense on all other items not previously classified. For example, includes dividends associated with redeemable preferred stock of a subsidiary that is treated as a liability in the parent's consolidated balance sheet. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Statement of Position (SOP) -Number 01-6 -Paragraph 14 -Subparagraph l -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Audit and Accounting Guide (AAG) -Number AAG-BRD -Paragraph 55 -IssueDate 2006-05-01 -Chapter 4 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher OTS -Name Federal Regulation (FR) -Number Title 12 -Section 563c.102 -Paragraph 6 -Chapter V -Subsection II -LegacyDoc This is a non-GAAP reference that was included in the 2009 taxonomy. It will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_InterestExpenseOther
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The amount of cash paid for interest during the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4297-108586 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 29 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 25 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3536-108585 + Details
Name: | us-gaap_InterestPaid
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Total contributions made by each class of partners (i.e., general, limited and preferred partners). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Practice Bulletin (PB) -Number 14 -Paragraph 15 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187171-122770 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Emerging Issues Task Force (EITF) -Number 87-21 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_PartnersCapitalAccountContributions
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Number of shares issued during the period as a result of the conversion of convertible securities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 29, 30 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Principles Board Opinion (APB) -Number 12 -Paragraph 10 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.29-30) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 129 -Paragraph 4, 5 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187085-122770 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 + Details
Name: | us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration