XML 46 R73.htm IDEA: XBRL DOCUMENT v2.4.0.8
DEBT Senior Secured Facilities Agreement (Details) (Matariki Forestry Group [Member], USD $)
9 Months Ended
Sep. 30, 2013
tranche
Senior Secured Facilities Agreement as Amended July 2013 [Member]
 
Line of Credit Facility [Line Items]  
Line of Credit Facility, Number of Tranches 2
Line of Credit Facility, Maximum Borrowing Capacity $ 214,000,000
Line of Credit Facility, Description comprised of two tranches. Tranche A, a $195 million revolving cash advance facility expires September 2016 and Tranche B, a $19 million working capital facility expires July 2014.
Debt Instrument, Currency New Zealand dollars
Senior Secured Facilities Agreement as Amended July 2013, Revolving Cash Advance Facility due 2016 [Member]
 
Line of Credit Facility [Line Items]  
Line of Credit Facility, Maximum Borrowing Capacity 195,000,000
Line of Credit Facility, Amount Outstanding 195,000,000
Interest rate during period 4.39%
Maturity date September 2016
Line of Credit Facility, Interest Rate Description The interest rate is indexed to the 90 day New Zealand Bank bill rate and is generally repriced quarterly. The margin on the index rate fluctuates based on the interest coverage ratio.
Senior Secured Facilities Agreement as Amended July 2013, Working Capital Facility due 2014 [Member]
 
Line of Credit Facility [Line Items]  
Line of Credit Facility, Maximum Borrowing Capacity 19,000,000
Line of Credit Facility, Amount Outstanding $ 0
Debt Instrument, Description of Variable Rate Basis Official Cash Rate set by the Reserve Bank of New Zealand
Minimum [Member] | Senior Secured Facilities Agreement as Amended July 2013, Working Capital Facility due 2014 [Member]
 
Line of Credit Facility [Line Items]  
Debt Instrument, Basis Spread on Variable Rate 1.17%
Maximum [Member] | Senior Secured Facilities Agreement as Amended July 2013, Working Capital Facility due 2014 [Member]
 
Line of Credit Facility [Line Items]  
Debt Instrument, Basis Spread on Variable Rate 1.44%