v2.4.0.8
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
OPERATING ACTIVITIES      
Net loss $ (8,138) $ (370,181) $ (113,075)
Non-cash items:      
Depreciation and amortization 47,833 72,365 74,482
Unrealized gain on derivative instruments (8,363) (1,580) (11,238)
Vessel impairment and net loss on sale of vessels (note 17) 71 352,546 58,034
Goodwill impairment charge (note 6) 0 0 19,294
Other 630 1,189 553
Change in operating assets and liabilities (note 15) (6,586) (19,794) (833)
Expenditures for dry docking (19,245) (7,003) (3,197)
Net operating cash flow 6,202 27,542 24,020
FINANCING ACTIVITIES      
Proceeds from long-term debt 59,179 32,226 15,000
Repayment from long-term debt (note 1) (25,246) (13,522) (1,800)
Prepayment of long-term debt (25,000) (60,000) (118,328)
Acquisition of 13 vessels from Teekay Corporation (note 1) 0 (9,509) 0
Net advances from (to) affiliates (note 1) 0 16,913 (287,101)
Proceeds from issuance of Class A common stock (note 2) 0 69,000 112,054
Shares issuance costs 0 (3,229) (4,949)
Cash dividends paid (10,030) (32,231) (51,358)
Net financing cash flow (1,097) (13,905) (16,006)
INVESTING ACTIVITIES      
Proceeds from the sale of vessels and equipment 9,114 0 0
Expenditures for vessels and equipment (1,904) (2,518) (4,337)
Investment in joint venture (note 5) (3,890) (3,344) 0
Investment in term loans (note 4) (9,120) 0 0
Net investing cash flow (5,800) (5,862) (4,337)
(Decrease) increase in cash and cash equivalents (695) 7,775 3,677
Cash and cash equivalents, beginning of the year 26,341 18,566 14,889
Cash and cash equivalents, end of the year 25,646 26,341 18,566
Dropdown Predecessor [Member]
      
OPERATING ACTIVITIES      
Net loss 0 (9,163) (104,010)
FINANCING ACTIVITIES      
Proceeds from long-term debt 0 2,312 269,874
Repayment from long-term debt (note 1) 0 (10,372) (18,567)
Prepayment of long-term debt 0 (15,000) 0
Contribution of capital from Teekay Corporation to Dropdown Predecessor (note 1) $ 0 $ 9,507 $ 69,169