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Goodwill, Intangible Assets and In-Process Revenue Contracts (Tables)

12 Months Ended

Dec. 31, 2011

Goodwill, Intangible Assets and in Process Revenue Contracts [Abstract]

Carrying amount of goodwill for the Company's reportable segment

		Shuttle Tanker and FSO Segment $				FPSO Segment $				Liquefied  Gas Segment $				Conventional Tanker Segment $				Total $
Balance as of December 31, 2010 and 2009			130,908				—				35,631				36,652				203,191
Goodwill impairment			—								—				(36,652	)			(36,652	)
Balance as of December 31, 2011			130,908				—				35,631				—				166,539

Summary of intangible assets

		Weighted-Average Amortization Period (Years)				Gross  Carrying Amount $				Accumulated Amortization $				Net  Carrying Amount $
Customer contracts			15.6				329,815				(194,266	)			135,549
Other intangible assets			4.5				11,430				(10,237	)			1,193
			15.2				341,245				(204,503	)			136,742

As at December 31, 2010, the Company’s intangible assets consisted of:

		Weighted-Average Amortization Period (Years)				Gross  Carrying Amount $				Accumulated Amortization $				Net  Carrying Amount $
Customer contracts			13.7				347,085				(195,358	)			151,727
Other intangible assets			4.5				11,430				(7,264	)			4,166
			13.5				358,515				(202,622	)			155,893

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- Definition

Tabular disclosure of the characteristics, including initial carrying value, residual amount, weighted average useful life, of finite-lived intangible assets acquired during the period by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by nature or by their use in the operations of the company.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 142

-Paragraph 44

-Subparagraph a

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 30

-Section 50

-Paragraph 1

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6905858&loc=d3e16265-109275

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- Definition

Tabular disclosure of goodwill by reportable segment and in total. Disclosure details may include, but are not limited to, the carrying amount of goodwill, goodwill acquired during the year, goodwill impairment losses recognized, goodwill written-off due to the sale of a business unit, goodwill not yet allocated, and any other changes to goodwill.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 20

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6905597&loc=d3e13854-109267



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 20

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6905597&loc=d3e13816-109267



Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 142

-Paragraph 45

-Subparagraph c

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 142

-Paragraph 45

-Subparagraph e

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 142

-Paragraph 47

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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