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Summary of Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2013
Accounting Policies [Abstract] |
Summarized Dry Docking Activity | Dry docking activity for the three years ended December 31, 2013, 2012, and 2011, is summarized as follows:
|  | Year Ended December 31, |
|  | 2013 $ |  |  | 2012 $ |  |  | 2011 $ |
Balance at the beginning of the year |  |  | 100,928 |  |  |  | 128,987 |  |  |  | 143,103 |
Costs incurred for drydocking |  |  | 72,545 |  |  |  | 35,336 |  |  |  | 54,296 |
Dry-dock amortization |  |  | (50,325 | ) |  |  | (57,082 | ) |  |  | (67,180 | )
Write down / sale of vessels |  |  | (4,954 | ) |  |  | (6,313 | ) |  |  | (1,232 | )
Balance at the end of the year |  |  | 118,194 |  |  |  | 100,928 |  |  |  | 128,987 |
Summary of Financing Receivables | The following table contains a summary of the Company’s financing receivables by type of borrower, the method by which the Company monitors the credit quality of its financing receivables on a quarterly basis, and the grade as of December 31, 2013.
|  |  |  |  |  | December 31, |
|  |  |  |  |  | 2013 |  |  | 2012 |
Class of Financing Receivable |  | Credit Quality Indicator |  | Grade |  | $ |  |  | $ |
Direct financing leases |  | Payment activity |  | Performing |  |  | 727,262 |  |  |  | 436,601 |
Other loan receivables |  |  |  |  |  |  |  |  |  |  |  |
Investment in term loans and interest receivable |  | Collateral |  | Non-Performing(2) |  |  | 211,579 |  |  |  | 188,756 |
Loans to equity accounted investees and joint venture partners (1) |  | Other internal metrics |  | Performing |  |  | 169,248 |  |  |  | 206,903 |
Long-term receivable included in other assets |  | Payment activity |  | Performing |  |  | 31,634 |  |  |  | 1,704 |
|  |  |  |  |  |  | 1,139,723 |  |  |  | 833,964 |
(1) | The Company’s subsidiary Teekay LNG Partners L.P. (or Teekay LNG) owns a 99% interest in Teekay Tangguh, which owns a 70% interest in the Teekay Tangguh Joint Venture. During the year ended December 31, 2012, the parent company of Teekay LNG‘s joint venture partner, BLT, suspended trading on the Jakarta Stock Exchange and entered into a court-supervised debt restructuring in Indonesia. The remaining loans to joint venture partner, BLT LNG Tangguh Corporation, totaling $28.5 million as at December 31, 2013 (December 31, 2012—$24.0 million) are collectible given a signed settlement agreement between the Company and BLT LNG Tangguh Corporation regarding repayment terms. In February 2014, the Teekay Tangguh Joint Venture declared dividends of $69.5 million of which $14.4 million was used to offset the total advances to BLT LNG Tangguh Corporation and P.T. Berlian Laju Tanker and $6.5 million was repaid to Teekay by BLT LNG Tangguh Corporation. In addition, $0.5 million was paid to Teekay by BLT as part of the settlement agreement.
(2) | On March 21, 2014, Teekay and its publicly-listed subsidiary Teekay Tankers Ltd. (or Teekay Tankers) took ownership of the vessels held as collateral in satisfaction of the loans and accrued interest. (See Note 4)
Schedule of Accumulated Other Comprehensive Income (Loss) | The following table contains the changes in the balances of each component of accumulated other comprehensive income (loss) for the periods presented.
|  | Qualifying Cash Flow Hedging Instruments $ |  |  | Pension Adjustments, net of tax $ |  |  | Unrealized Gain (Loss) on Available for Sale Marketable Securities $ |  |  | Foreign Exchange Loss on Currency Translation $ |  |  | Total $ |
Balance as of December 31, 2010 |  |  | 2,295 |  |  |  | (17,539 | ) |  |  | 7,073 |  |  |  | — |  |  |  | (8,171 | )
Other comprehensive loss |  |  | (2,601 | ) |  |  | (5,402 | ) |  |  | (7,729 | ) |  |  | — |  |  |  | (15,732 | )
Balance as of December 31, 2011 |  |  | (306 | ) |  |  | (22,941 | ) |  |  | (656 | ) |  |  | — |  |  |  | (23,903 | )
Other comprehensive income |  |  | 647 |  |  |  | 6,688 |  |  |  | 656 |  |  |  | 1,144 |  |  |  | 9,135 |
Balance as of December 31, 2012 |  |  | 341 |  |  |  | (16,253 | ) |  |  | — |  |  |  | 1,144 |  |  |  | (14,768 | )
Other comprehensive (loss) income |  |  | (324 | ) |  |  | (2,666 | ) |  |  | (171 | ) |  |  | 740 |  |  |  | (2,421 | )
Balance as of December 31, 2013 |  |  | 17 |  |  |  | (18,919 | ) |  |  | (171 | ) |  |  | 1,884 |  |  |  | (17,189 | )

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- Definition Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=28368275&loc=SL6953659-111524 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 55 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=32702940&loc=SL6953803-111525 + Details
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- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=28358780&loc=SL7669686-108580 + Details
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