XML 41 R37.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Segment Reporting - Segment Results Information (Detail) (USD $) In Thousands, unless otherwise specified | 3 Months Ended | 6 Months Ended |
--- | --- | --- | ---
Jun. 30, 2013 | Jun. 30, 2012 | Jun. 30, 2013 | Jun. 30, 2012 | Dec. 31, 2012
Segment Reporting Information [Line Items] |  |  |  |  |
REVENUES | $ 430,707 | $ 486,781 | $ 881,744 | $ 987,887 |
Voyage expenses | 26,154 | 39,176 | 52,469 | 77,813 |
Vessel operating expenses | 195,978 | 191,773 | 383,442 | 379,527 |
Time-charter hire expense | 26,544 | 31,491 | 53,996 | 75,470 |
Depreciation and amortization | 109,769 | 115,068 | 212,263 | 229,682 |
General and administrative | 35,395 | 36,230 | 74,666 | 74,592 |
Asset impairments and provisions | 7,042 | 1,048 | 10,207 | 1,048 |
(Gain) loss on sale of vessels and equipment | (1,341) | 2,221 | (1,309) | 2,024 |
Restructuring charges | 1,789 | 1,525 | 3,843 | 1,525 |
Income (loss) from vessel operations | 29,377 | 68,249 | 92,167 | 146,206 |
Segment assets | 9,895,173 | 9,971,065 | 9,895,173 | 9,971,065 | 9,719,938
Operating Segments [Member] | Shuttle Tanker and FSO Segment [Member] |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
REVENUES | 140,062 | 153,694 | 278,715 | 309,929 |
Voyage expenses | 22,275 | 32,252 | 44,084 | 59,267 |
Vessel operating expenses | 43,472 | 44,939 | 88,379 | 94,758 |
Time-charter hire expense | 14,110 | 12,969 | 28,887 | 26,586 |
Depreciation and amortization | 29,093 | 32,037 | 56,789 | 63,829 |
General and administrative | 9,324 | 11,241 | 19,828 | 20,520 |
Asset impairments and provisions |  | 1,048 |  | 1,048 |
Restructuring charges | 1,043 |  | 1,630 |  |
Income (loss) from vessel operations | 20,745 | 19,208 | 39,118 | 43,921 |
Segment assets | 1,844,517 | 1,871,341 | 1,844,517 | 1,871,341 |
Operating Segments [Member] | FPSO Segment [Member] |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
REVENUES | 122,560 | 136,198 | 263,489 | 264,866 |
Voyage expenses |  |  |  | 232 |
Vessel operating expenses | 84,054 | 85,489 | 161,438 | 159,571 |
Depreciation and amortization | 39,285 | 34,415 | 73,317 | 67,563 |
General and administrative | 11,760 | 10,214 | 24,121 | 21,791 |
(Gain) loss on sale of vessels and equipment | (1,338) |  | (1,338) |  |
Income (loss) from vessel operations | (11,201) | 6,080 | 5,951 | 15,709 |
Segment assets | 2,787,470 | 2,497,592 | 2,787,470 | 2,497,592 |
Operating Segments [Member] | Liquefied Gas Segment [Member] |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
REVENUES | 70,983 | 70,093 | 141,984 | 143,678 |
Voyage expenses | 487 | 53 | 491 | 149 |
Vessel operating expenses | 15,164 | 12,653 | 30,260 | 25,620 |
Depreciation and amortization | 18,328 | 17,445 | 35,619 | 34,683 |
General and administrative | 5,314 | 4,513 | 11,510 | 9,618 |
Income (loss) from vessel operations | 31,690 | 35,429 | 64,104 | 73,608 |
Segment assets | 3,279,847 | 3,108,124 | 3,279,847 | 3,108,124 |
Operating Segments [Member] | Conventional Tanker Segment [Member] |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
REVENUES | 97,102 | 126,796 | 197,556 | 269,414 |
Voyage expenses | 3,392 | 6,871 | 7,894 | 18,165 |
Vessel operating expenses | 53,288 | 48,692 | 103,365 | 99,578 |
Time-charter hire expense | 12,434 | 18,522 | 25,109 | 48,884 |
Depreciation and amortization | 23,063 | 31,171 | 46,538 | 63,607 |
General and administrative | 8,997 | 10,262 | 19,207 | 22,663 |
Asset impairments and provisions | 7,042 |  | 10,207 |  |
(Gain) loss on sale of vessels and equipment | (3) | 2,221 | 29 | 2,024 |
Restructuring charges | 746 | 1,525 | 2,213 | 1,525 |
Income (loss) from vessel operations | (11,857) | 7,532 | (17,006) | 12,968 |
Segment assets | $ 1,983,339 | $ 2,494,008 | $ 1,983,339 | $ 2,494,008 |

X
- Definition Segment total assets. + References No definition available. + Details
Name: | tk_SegmentAssets
Namespace Prefix: | tk_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of write-down of assets recognized in the income statement. Includes, but is not limited to, losses from tangible assets, intangible assets and goodwill. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3602-108585 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 45 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=8077374&loc=d3e2420-110228 + Details
Name: | us-gaap_AssetImpairmentCharges
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3602-108585 + Details
Name: | us-gaap_DepreciationAndAmortization
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The gain (loss) resulting from the sale of a disposal group that is not a discontinued operation. It is included in income from continuing operations before income taxes in the income statement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 45 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=8077374&loc=d3e2443-110228 + Details
Name: | us-gaap_DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.4) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
Name: | us-gaap_GeneralAndAdministrativeExpense
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of rent expense incurred for leased assets, including but not limited to, furniture and equipment, that is not directly or indirectly associated with the manufacture, sale or creation of a product or product line. + References No definition available. + Details
Name: | us-gaap_LeaseAndRentalExpense
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The net result for the period of deducting operating expenses from operating revenues. + References No definition available. + Details
Name: | us-gaap_OperatingIncomeLoss
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The total amount of other operating cost and expense items that are associated with the entity's normal revenue producing operation. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.3) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 3 -Article 5 + Details
Name: | us-gaap_OtherCostAndExpenseOperating
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Other costs incurred and are directly related to services rendered by an entity during the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.2(d)) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
Name: | us-gaap_OtherCostOfServices
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3602-108585 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 5.P.4(b)) -URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140904-122747 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 5.P.3) -URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140864-122747 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 5 -Section P -Subsection 3, 4 + Details
Name: | us-gaap_RestructuringCharges
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 1 -Article 5 + Details
Name: | us-gaap_Revenues
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

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