v3.8.0.1

Business Operations | 12 Months Ended
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Dec. 31, 2016
Risks and Uncertainties [Abstract] |
Business Operations | Business Operations Significant Customers The following table presents total revenues and percentage of total revenues for customers that accounted for more than 10% of the Company’s total revenues during the periods presented. Total revenues from customers attributable to the Entities under Common Control are included in the table.
| Year Ended December 31,
| 2016 |  | 2015 |  | 2014
Statoil ASA (2) | (1) |  | (1) |  | $ | 42.6 | million
(1) | Less than 10% of the total revenues
(2) | Conventional tanker segment
Concentration of Credit Risk There is a concentration of credit risk with respect to the total amounts due from affiliates and pool receivables from affiliates with these amounts being due from affiliates of Teekay as at December 31, 2016 (see note 15j).

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- Definition The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 275 -URI http://asc.fasb.org/topic&trid=2134479 + Details
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