XML 95 R66.htm IDEA: XBRL DOCUMENT v2.4.0.6
Long-Term Debt - Additional Information (Detail)
 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended
Dec. 31, 2012
USD ($)
Dec. 31, 2011
USD ($)
Dec. 31, 2010
USD ($)
Dec. 31, 2012
Minimum [Member]
Dec. 31, 2012
Maximum [Member]
Dec. 31, 2012
Teekay Nakilat Corporation [Member]
Dec. 31, 2012
Teekay Tangguh Joint Venture [Member]
Dec. 31, 2012
Revolving Credit Facility [Member]
USD ($)
CreditFacility
Dec. 31, 2011
Revolving Credit Facility [Member]
USD ($)
Dec. 31, 2012
U.S. Dollar-denominated Term Loan due through 2018 [Member]
USD ($)
Dec. 31, 2011
U.S. Dollar-denominated Term Loan due through 2018 [Member]
USD ($)
Dec. 31, 2012
U.S. Dollar-denominated Term Loan due through 2018 [Member]
Teekay Nakilat Corporation [Member]
Dec. 31, 2012
U.S. Dollar-denominated Term Loan due through 2019 [Member]
Teekay Nakilat Corporation [Member]
USD ($)
Dec. 31, 2011
U.S. Dollar-denominated Term Loan due through 2019 [Member]
Teekay Nakilat Corporation [Member]
USD ($)
Dec. 31, 2012
U.S. Dollar-denominated Term Loan one due through 2021 [Member]
Teekay Tangguh Joint Venture [Member]
USD ($)
Dec. 31, 2011
U.S. Dollar-denominated Term Loan one due through 2021 [Member]
Teekay Tangguh Joint Venture [Member]
USD ($)
Dec. 31, 2012
U.S. Dollar-denominated Term Loan one due through 2021 [Member]
Teekay Tangguh Joint Venture [Member]
First Tranche [Member]
Dec. 31, 2012
U.S. Dollar-denominated Term Loan one due through 2021 [Member]
Teekay Tangguh Joint Venture [Member]
Second Tranche [Member]
USD ($)
Dec. 31, 2012
U.S. Dollar-denominated Term Loan two due through 2021 [Member]
USD ($)
Dec. 31, 2011
U.S. Dollar-denominated Term Loan two due through 2021 [Member]
USD ($)
Dec. 31, 2012
U.S. Dollar-denominated Term Loan two due through 2021 [Member]
First Tranche [Member]
Dec. 31, 2012
U.S. Dollar-denominated Term Loan two due through 2021 [Member]
Second Tranche [Member]
USD ($)
Dec. 31, 2012
Unsecured Debt [Member]
Teekay Nakilat Corporation [Member]
USD ($)
Dec. 31, 2011
Unsecured Debt [Member]
Teekay Nakilat Corporation [Member]
USD ($)
Dec. 31, 2012
Euro-denominated Term Loans due through 2023 [Member]
USD ($)
Dec. 31, 2011
Euro-denominated Term Loans due through 2023 [Member]
USD ($)
Dec. 31, 2009
Euro-denominated Term Loans due through 2023 [Member]
USD ($)
Dec. 31, 2012
Euro-denominated Term Loans due through 2023 [Member]
EUR (€)
Dec. 31, 2012
Euro-denominated Term Loans due through 2023 [Member]
Minimum [Member]
Dec. 31, 2012
Euro-denominated Term Loans due through 2023 [Member]
Maximum [Member]
Dec. 31, 2012
Norwegian Kroner denominated bonds due May 2017 [Member]
USD ($)
Dec. 31, 2012
Norwegian Kroner denominated bonds due May 2017 [Member]
NOK
May 31, 2012
Norwegian Kroner denominated bonds due May 2017 [Member]
NOK
Debt Instrument [Line Items]                                                                  
Available long-term revolving credit facilities               3                                                  
Borrowings provided under revolving credit facilities               $ 461,400,000                                                  
Undrawn amount of revolving credit facilities               381,400,000                                                  
Amount reduced under revolving credit facilities, 2013               33,700,000                                                  
Amount reduced under revolving credit facilities, 2014               34,500,000                                                  
Amount reduced under revolving credit facilities, 2015               84,100,000                                                  
Amount reduced under revolving credit facilities, 2016               27,300,000                                                  
Amount reduced under revolving credit facilities, 2017               28,200,000                                                  
Amount reduced under revolving credit facilities, thereafter               253,600,000                                                  
Months required to repay all borrowings               12 months                                                  
Number of vessels               Seven   Five     Three   Two Two     Two           Two Two              
Long-term debt 1,413,353,000 1,315,231,000           80,000,000 49,274,000 112,264,000 120,796,000   321,851,000 346,768,000 309,984,000 321,337,000     108,799,000 114,868,000     13,282,000 13,282,000 341,382,000 348,906,000   258,800,000          
Interest Rate on LIBOR                   LIBOR     LIBOR   LIBOR   LIBOR LIBOR     LIBOR LIBOR     EURIBOR EURIBOR         The interest payments on the bonds are based on NIBOR plus a margin of 5.25%. The interest payments on the bonds are based on NIBOR plus a margin of 5.25%.  
Aggregate annual long-term debt principal repayments, thereafter 802,700,000                 50,700,000     56,000,000         95,000,000       20,000,000                      
Marginal rate added to LIBOR for interest paid on first tranche under the loan facility       0.30% 2.75%         2.75%     0.68%       0.30% 0.63%     30.00% 70.00%             0.60% 2.25% 5.25% 5.25%  
Frequency of paying U.S. Dollar-denominated Term Loans                   Quarterly payments   Quarterly payments Quarterly payments       Quarterly payments       Semi-annual payments                        
Partnership interest owned           70.00% 69.00%                                                    
Portion of U.S. Dollar-denominated Term Loans Outstanding bearing fixed rate                         153,700,000                                        
Fixed interest rate on the portion of U.S. Dollar-denominated Term Loans and Demand Loans outstanding                         5.39%                   4.84%                    
Portion of U.S. Dollar-denominated Term Loans Outstanding bearing LIBOR plus margin rate                         168,200,000                                        
Bullet payment per vessel due (in years)                                           12 years and six months                      
Debt instrument, face amount                                                               700,000,000 700,000,000
Debt instrument, maturity date                                                             May 17, 2017 May 17, 2017  
Carrying amount of bonds                                                             125,800,000    
Fixed interest payment rate for currency swap                                                             6.88% 6.88%  
Transfer of principal amount                                                             125,000,000 700,000,000  
Weighted-average interest rate for the Partnership's long-term debt outstanding 2.29% 2.29%                                                              
Foreign exchange gain (loss) (8,244,000) 10,310,000 27,545,000                                           (8,244,000) 10,310,000 27,545,000            
Aggregate annual long-term debt principal repayments, 2013 86,500,000                                                                
Aggregate annual long-term debt principal repayments, 2014 88,100,000                                                                
Aggregate annual long-term debt principal repayments, 2015 124,900,000                                                                
Aggregate annual long-term debt principal repayments, 2016 91,700,000                                                                
Aggregate annual long-term debt principal repayments, 2017 $ 219,500,000                                                                
Amount of minimum liquidity of partnership term loans to be held by Teekay Corporation Greater of a minimum liquidity (cash and cash equivalents) of at least $50.0 million and 5.0% of Teekay Corporation's total consolidated debt which has recourse to Teekay Corporation.                                                                
Percentage of Teekay Corporation's consolidated debt to be maintained by Teekay Corporation as cash or cash equivalents 5.00%