Other Intangible Assets

12 Months Ended

Dec. 31, 2012

Other Intangible Assets [Abstract]

Intangible Assets Disclosure [Text Block]

OTHER INTANGIBLE ASSETS

LP has recorded other intangible assets in its Consolidated Balance Sheets, as follows:

	December 31,
Dollar amounts in millions	2012		2011
Timber licenses (recorded as part of Timber and Timberlands)	$	36.6	$	38.1
Customer relationships, net of amortization	0.5		1.3
Other	0.1		0.1
Total	$	37.2	$	39.5

Included in the balance of timber and timberlands are values allocated to Canadian forest licenses in the purchase price allocations for both Le Groupe Forex (Forex) and the assets of Evans Forest Products. The initial value of these licenses was $77.6 million. These licenses have a life of twenty to twenty-five years.

Customer relationships are amortized on a straight line basis over the estimated period of economic benefit, generally five years. Initial value of these relationships was deemed to be $3.9 million.

Amortization of the above intangible asset over the next five years is as follows:

Dollar amounts in millions
Year ended December 31,
2013	$	1.4
2014	0.9
2015	1.6
2016	1.6
2017	1.6