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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
OPERATING ACTIVITIES      
Net income $ 139,142 $ 97,356 $ 92,944
Non-cash items:      
Unrealized (gain) loss on derivative instruments (note 13) (6,900) 277 34,306
Depreciation and amortization 99,825 91,919 89,347
Write down of vessels 29,367    
Unrealized foreign currency exchange loss (gain) 8,923 (10,221) (26,700)
Equity income, net of dividends received of $14,700 (2011 - $15,340 and 2010 - nil) (64,166) (5,244) (8,043)
Amortization of deferred debt issuance costs and other 622 1,055 3,526
Gain on sale of vessel (note 17)     (4,340)
Change in operating assets and liabilities (note 15a) (7,307) (33,458) 6,657
Expenditures for dry docking (7,493) (19,638) (12,727)
Net operating cash flow 192,013 122,046 174,970
FINANCING ACTIVITIES      
Proceeds from issuance of long-term debt 500,335 600,862 100,945
Debt issuance costs (2,065) (2,578) (137)
Scheduled repayments of long-term debt (84,666) (290,940) (76,018)
Prepayments of long-term debt (324,274) (383,000) (72,000)
Scheduled repayments of capital lease obligations and other long-term liabilities (10,161) (89,350) (39,147)
Proceeds from equity offerings net of offering costs (note 16) 182,316 341,178 50,921
Advances to and from affiliates   27,048 16,545
Advances to joint venture partners (3,600)   (10,200)
(Increase) decrease in restricted cash (31,217) 76,249 30,741
Cash distributions paid (195,909) (159,380) (135,514)
Purchase of Skaugen Multigas Subsidiaries (note 12f)   (114,466)  
Distribution to Teekay Corporation for the acquisition of Alexander Spirit LLC, Bermuda Spirit LLC and Hamilton Spirit LLC(note 2)     (33,997)
Other (385) 1,551 115
Net financing cash flow 30,374 7,174 (167,746)
INVESTING ACTIVITIES      
Purchase of equity accounted investments (notes 12i and 19) (170,067) (57,287) (35,169)
Proceeds received from the sale of Dania Spirit (note 17)     21,556
Receipts from direct financing leases 6,155 6,154 5,746
Expenditures for vessels and equipment (39,894) (64,685) (26,652)
Other 1,369 (830)  
Net investing cash flow (202,437) (116,648) (34,519)
Increase (decrease) in cash and cash equivalents 19,950 12,572 (27,295)
Cash and cash equivalents, beginning of the year 93,627 81,055 108,350
Cash and cash equivalents, end of the year $ 113,577 $ 93,627 $ 81,055