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Segment Reporting (Tables) | 6 Months Ended
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Jun. 30, 2013
Segment Reporting [Abstract] |
Segment Results Information | The following tables include results for the Company’s four segments for the three and six months ended June 30, 2013 and 2012:
|  | Shuttle |  |  |  |  |  | Liquefied |  |  | Conventional |  |  |  |
|  | Tanker and FSO |  |  | FPSO |  |  | Gas |  |  | Tanker |  |  |  |
Three Months ended June 30, 2013 |  | Segment |  |  | Segment |  |  | Segment |  |  | Segment |  |  | Total |
Revenues |  |  | 140,062 |  |  |  | 122,560 |  |  |  | 70,983 |  |  |  | 97,102 |  |  |  | 430,707 |
Voyage expenses |  |  | 22,275 |  |  |  | — |  |  |  | 487 |  |  |  | 3,392 |  |  |  | 26,154 |
Vessel operating expenses |  |  | 43,472 |  |  |  | 84,054 |  |  |  | 15,164 |  |  |  | 53,288 |  |  |  | 195,978 |
Time-charter hire expense |  |  | 14,110 |  |  |  | — |  |  |  | — |  |  |  | 12,434 |  |  |  | 26,544 |
Depreciation and amortization |  |  | 29,093 |  |  |  | 39,285 |  |  |  | 18,328 |  |  |  | 23,063 |  |  |  | 109,769 |
General and administrative(1) |  |  | 9,324 |  |  |  | 11,760 |  |  |  | 5,314 |  |  |  | 8,997 |  |  |  | 35,395 |
Asset impairments and provisions |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 7,042 |  |  |  | 7,042 |
Gain on sale of vessels and equipment |  |  | — |  |  |  | (1,338 | ) |  |  | — |  |  |  | (3 | ) |  |  | (1,341 | )
Restructuring charges |  |  | 1,043 |  |  |  | — |  |  |  | — |  |  |  | 746 |  |  |  | 1,789 |
Income (loss) from vessel operations |  |  | 20,745 |  |  |  | (11,201 | ) |  |  | 31,690 |  |  |  | (11,857 | ) |  |  | 29,377 |
Segment assets as at June 30, 2013 |  |  | 1,844,517 |  |  |  | 2,787,470 |  |  |  | 3,279,847 |  |  |  | 1,983,339 |  |  |  | 9,895,173 |
|  | Shuttle |  |  |  |  |  | Liquefied |  |  | Conventional |  |  |  |
|  | Tanker and FSO |  |  | FPSO |  |  | Gas |  |  | Tanker |  |  |  |
Three Months ended June 30, 2012 |  | Segment |  |  | Segment |  |  | Segment |  |  | Segment |  |  | Total |
Revenues |  |  | 153,694 |  |  |  | 136,198 |  |  |  | 70,093 |  |  |  | 126,796 |  |  |  | 486,781 |
Voyage expenses |  |  | 32,252 |  |  |  | — |  |  |  | 53 |  |  |  | 6,871 |  |  |  | 39,176 |
Vessel operating expenses |  |  | 44,939 |  |  |  | 85,489 |  |  |  | 12,653 |  |  |  | 48,692 |  |  |  | 191,773 |
Time-charter hire expense |  |  | 12,969 |  |  |  | — |  |  |  | — |  |  |  | 18,522 |  |  |  | 31,491 |
Depreciation and amortization |  |  | 32,037 |  |  |  | 34,415 |  |  |  | 17,445 |  |  |  | 31,171 |  |  |  | 115,068 |
General and administrative(1) |  |  | 11,241 |  |  |  | 10,214 |  |  |  | 4,513 |  |  |  | 10,262 |  |  |  | 36,230 |
Asset impairments and provisions |  |  | 1,048 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1,048 |
Loss on sale of vessels and equipment |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 2,221 |  |  |  | 2,221 |
Restructuring charges |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1,525 |  |  |  | 1,525 |
Income from vessel operations |  |  | 19,208 |  |  |  | 6,080 |  |  |  | 35,429 |  |  |  | 7,532 |  |  |  | 68,249 |
Segment assets as at June 30, 2012 |  |  | 1,871,341 |  |  |  | 2,497,592 |  |  |  | 3,108,124 |  |  |  | 2,494,008 |  |  |  | 9,971,065 |
|  | Shuttle |  |  |  |  |  | Liquefied |  |  | Conventional |  |  |  |
|  | Tanker and FSO |  |  | FPSO |  |  | Gas |  |  | Tanker |  |  |  |
Six Months ended June 30, 2013 |  | Segment |  |  | Segment |  |  | Segment |  |  | Segment |  |  | Total |
Revenues |  |  | 278,715 |  |  |  | 263,489 |  |  |  | 141,984 |  |  |  | 197,556 |  |  |  | 881,744 |
Voyage expenses |  |  | 44,084 |  |  |  | — |  |  |  | 491 |  |  |  | 7,894 |  |  |  | 52,469 |
Vessel operating expenses |  |  | 88,379 |  |  |  | 161,438 |  |  |  | 30,260 |  |  |  | 103,365 |  |  |  | 383,442 |
Time-charter hire expense |  |  | 28,887 |  |  |  | — |  |  |  | — |  |  |  | 25,109 |  |  |  | 53,996 |
Depreciation and amortization |  |  | 56,789 |  |  |  | 73,317 |  |  |  | 35,619 |  |  |  | 46,538 |  |  |  | 212,263 |
General and administrative(1) |  |  | 19,828 |  |  |  | 24,121 |  |  |  | 11,510 |  |  |  | 19,207 |  |  |  | 74,666 |
Asset impairments and provisions |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 10,207 |  |  |  | 10,207 |
(Gain) loss on sale of vessels and equipment |  |  | — |  |  |  | (1,338 | ) |  |  | — |  |  |  | 29 |  |  |  | (1,309 | )
Restructuring charges |  |  | 1,630 |  |  |  | — |  |  |  | — |  |  |  | 2,213 |  |  |  | 3,843 |
Income (loss) from vessel operations |  |  | 39,118 |  |  |  | 5,951 |  |  |  | 64,104 |  |  |  | (17,006 | ) |  |  | 92,167 |
|  | Shuttle |  |  |  |  |  | Liquefied |  |  | Conventional |  |  |  |
|  | Tanker and FSO |  |  | FPSO |  |  | Gas |  |  | Tanker |  |  |  |
Six Months ended June 30, 2012 |  | Segment |  |  | Segment |  |  | Segment |  |  | Segment |  |  | Total |
Revenues |  |  | 309,929 |  |  |  | 264,866 |  |  |  | 143,678 |  |  |  | 269,414 |  |  |  | 987,887 |
Voyage expenses |  |  | 59,267 |  |  |  | 232 |  |  |  | 149 |  |  |  | 18,165 |  |  |  | 77,813 |
Vessel operating expenses |  |  | 94,758 |  |  |  | 159,571 |  |  |  | 25,620 |  |  |  | 99,578 |  |  |  | 379,527 |
Time-charter hire expense |  |  | 26,586 |  |  |  | — |  |  |  | — |  |  |  | 48,884 |  |  |  | 75,470 |
Depreciation and amortization |  |  | 63,829 |  |  |  | 67,563 |  |  |  | 34,683 |  |  |  | 63,607 |  |  |  | 229,682 |
General and administrative(1) |  |  | 20,520 |  |  |  | 21,791 |  |  |  | 9,618 |  |  |  | 22,663 |  |  |  | 74,592 |
Asset impairments and provisions |  |  | 1,048 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1,048 |
Loss on sale of vessels and equipment |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 2,024 |  |  |  | 2,024 |
Restructuring charges |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1,525 |  |  |  | 1,525 |
Income from vessel operations |  |  | 43,921 |  |  |  | 15,709 |  |  |  | 73,608 |  |  |  | 12,968 |  |  |  | 146,206 |
(1) | Includes direct general and administrative expenses and indirect general and administrative expenses (allocated to each segment based on estimated use of corporate resources).
Reconciliation of Total Segment Assets | A reconciliation of total segment assets to total assets presented in the accompanying consolidated balance sheets is as follows:
|  | June 30, 2013 |  |  | December 31, 2012 |
|  | $ |  |  | $ |
Total assets of all segments |  |  | 9,895,173 |  |  |  | 9,719,938 |
Cash |  |  | 540,206 |  |  |  | 639,491 |
Accounts receivable and other assets |  |  | 682,208 |  |  |  | 642,596 |
Consolidated total assets |  |  | 11,117,587 |  |  |  | 11,002,025 |

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