XML 30 R29.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Derivatives, Hedges, Financial Instruments and Carbon Credits (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2014
Derivative Instruments And Hedging Activities Disclosure [Abstract] |
Assets and Liabilities Measured at Fair Value on Recurring Basis | The following details our assets and liabilities that are measured at fair value on a recurring basis at March 31, 2014 and December 31, 2013:
|  | Fair Value Measurements at |  |  |  |
|  | March 31, 2014 Using |  |  |  |
Description |  | Total Fair Value At March 31, 2014 |  |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  |  | Significant Other Observable Inputs (Level 2) |  |  | Significant Unobservable Inputs (Level 3) |  |  | Total Fair Value at December 31, 2013 |
|  | (In Thousands) |
Assets—Supplies, prepaid items and other: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commodities contracts |  | $ | 730 |  |  | $ | — |  |  | $ | 730 |  |  | $ | — |  |  | $ | 31 |
Carbon credits |  |  | 1,673 |  |  |  | — |  |  |  | — |  |  |  | 1,673 |  |  |  | 1,284 |
Total |  | $ | 2,403 |  |  | $ | — |  |  | $ | 730 |  |  | $ | 1,673 |  |  | $ | 1,315 |
Liabilities—Current and noncurrent accrued and other liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Contractual obligations—carbon credits |  | $ | 1,673 |  |  |  | — |  |  |  | — |  |  |  | 1,673 |  |  |  | 1,284 |
Interest rate contracts |  |  | 1,100 |  |  |  | — |  |  |  | 1,100 |  |  |  | — |  |  |  | 1,240 |
Total |  | $ | 2,773 |  |  | $ | — |  |  | $ | 1,100 |  |  | $ | 1,673 |  |  | $ | 2,524 |
Reconciliation of Beginning and Ending Balances for Assets and Liabilities Measured at Fair Value on Recurring Basis | the following is a reconciliation of the beginning and ending balances for assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3):
|  | Assets |  |  | Liabilities |
|  | Three Months Ended |  |  | Three Months Ended |
|  | March 31, |  |  | March 31, |
|  | 2014 |  |  | 2013 |  |  | 2014 |  |  | 2013 |
|  | (In Thousands) |
Beginning balance |  | $ | 1,284 |  |  | $ | 91 |  |  | $ | (1,284 | ) |  | $ | (91 | )
Transfers into Level 3 |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Transfers out of Level 3 |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total realized and unrealized gain (loss) included in operating results |  |  | 1,925 |  |  |  | 233 |  |  |  | (1,634 | ) |  |  | (233 | )
Purchases |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Issuances |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Sales |  |  | (1,536 | ) |  |  | (12 | ) |  |  | — |  |  |  | — |
Settlements |  |  | — |  |  |  | — |  |  |  | 1,245 |  |  |  | 12 |
Ending balance |  | $ | 1,673 |  |  | $ | 312 |  |  | $ | (1,673 | ) |  | $ | (312 | )
Total gains (losses) for the period included in operating results attributed to the change in unrealized gains or losses on assets and liabilities still held at the reporting date |  | $ | 1,004 |  |  | $ | 221 |  |  | $ | (1,004 | ) |  | $ | (221 | )
Net Gains (Losses) Included in Operating Results and Classifications Within Statement of Operations | Net gains (losses) included in operating results and the classifications within the statement of operations are as follows:
|  | Three Months Ended |
|  | March 31, |
|  | 2014 |  |  | 2013 |
|  | (In Thousands) |
Total net gains (losses) included in operating results: |  |  |  |  |  |  |  |
Cost of sales—Undesignated commodities contracts |  | $ | 2,216 |  |  | $ | (162 | )
Other income—Carbon credits |  |  | 1,925 |  |  |  | 233 |
Other expenses—Contractual obligations relating to carbon credits |  |  | (1,634 | ) |  |  | (233 | )
Interest expense—Undesignated interest rate contract |  |  | (20 | ) |  |  | 1 |
|  | $ | 2,487 |  |  | $ | (161 | )

X
- Definition Tabular disclosure of the fair value measurement of assets and liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized); (2) purchases, sales, issuances, and settlements (net); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs). + References No definition available. + Details
Name: | lxu_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTableTextBlock
Namespace Prefix: | lxu_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5618551-113959 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624171-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=25499696&loc=d3e19190-110258 + Details
Name: | us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration