XML 54 R43.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Operating and Direct Financing Leases (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2011
Operating and Direct Financing Leases [Abstract] |
Estimated future minimum rental payments to be received and paid under the lease contracts |
Year |  | Head Lease Receipts (1) |  |  | Sublease Payments (1) |
2012 |  |  | 28,859 |  |  |  | 24,999 |
2013 |  |  | 28,843 |  |  |  | 24,999 |
2014 |  |  | 28,828 |  |  |  | 24,999 |
2015 |  |  | 22,188 |  |  |  | 24,999 |
2016 |  |  | 21,242 |  |  |  | 24,999 |
Thereafter |  |  | 260,306 |  |  |  | 306,356 |
Total |  | $ | 390,266 |  |  | $ | 431,351 |
| (1) | The Head Leases are fixed-rate operating leases while the Subleases have a small variable-rate component. As at December 31, 2011, the Teekay Tangguh Subsidiary had received $120.1 million of aggregate Head Lease receipts and had paid $66.0 million of Sublease payments.
Net investment in direct financing leases |
|  | December 31, 2011 $ |  |  | December 31, 2010 $ |
Total minimum lease payments to be received |  |  | 741,604 |  |  |  | 796,137 |
Estimated unguaranteed residual value of leased properties |  |  | 203,465 |  |  |  | 203,465 |
Initial direct costs and other |  |  | 1,636 |  |  |  | 1,726 |
Less unearned revenue |  |  | (486,797 | ) |  |  | (513,812 | )
Total |  |  | 459,908 |  |  |  | 487,516 |
Less current portion |  |  | 23,171 |  |  |  | 26,791 |
Long-term portion |  |  | 436,737 |  |  |  | 460,725 |

X
- Definition Net investment in direct financing leases. + References No definition available. + Details
Name: | tk_NetInvestmentInDirectFinancingLeasesTableTextBlock
Namespace Prefix: | tk_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of future minimum lease payments and receipt for operating lease. + References No definition available. + Details
Name: | tk_ScheduleOfFutureMinimumLeasePaymentsAndReceiptForOperatingLeaseTableTextBlock
Namespace Prefix: | tk_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration