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Other (Expense) Income (Tables)
6 Months Ended
Jun. 30, 2012
Other Income and Expenses [Abstract]  
Schedule of Other Nonoperating Income (Expense) [Table Text Block]
Items included in other (expense) income in the Condensed Consolidated Statements of Comprehensive Income (Loss) are as follows:
 
Three months ended June 30,
 
Six months ended June 30,
(dollars in thousands)
2012
 
2011
 
2012
 
2011
Gain on sale of land at Libbey Holland
$

 
$

 
$

 
$
3,445

Gain on sale of Traex assets

 
3,321

 

 
3,321

Gain (loss) on currency translation
578

 
(409
)
 
(391
)
 
(1,575
)
Hedge ineffectiveness
(189
)
 
(148
)
 
230

 
487

Other non-operating income (expense)
38

 
300

 
(3
)
 
392

Other (expense) income
$
427

 
$
3,064

 
$
(164
)
 
$
6,070