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

 
$
—

 
$
—

 
$
3,445

Gain on sale of Traex assets
—

 
(81
)
 
—

 
3,240

Gain (loss) on currency translation
(374
)
 
1,705

 
(765
)
 
130

Hedge ineffectiveness
(666
)
 
503

 
(436
)
 
990

Other non-operating income (expense)
845

 
110

 
842

 
502

Other income (expense)
$
(195
)
 
$
2,237

 
$
(359
)
 
$
8,307