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Fair Value Measurements (Tables) | 12 Months Ended
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Dec. 31, 2013
Fair Value Disclosures [Abstract] |
Fair Value of Financial Instruments and Other Non-Financial Assets | The following table includes the estimated fair value and carrying value of those assets and liabilities that are measured at fair value on a recurring and non-recurring basis, as well as the estimated fair value of the Company’s financial instruments that are not accounted for at a fair value on a recurring basis.
|  |  |  |  | December 31, 2013 |  |  | December 31, 2012 |
|  | Fair Value Hierarchy Level |  |  | Carrying Amount Asset (Liability) $ |  |  | Fair Value Asset (Liability) $ |  |  | Carrying Amount Asset (Liability) $ |  |  | Fair Value Asset (Liability) $ |
Recurring |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents, restricted cash, and marketable securities |  |  | Level 1 |  |  |  | 1,119,966 |  |  |  | 1,119,966 |  |  |  | 1,178,118 |  |  |  | 1,178,118 |
Derivative instruments (note 15) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swap agreements - assets (1) |  |  | Level 2 |  |  |  | 91,415 |  |  |  | 91,415 |  |  |  | 165,688 |  |  |  | 165,688 |
Interest rate swap agreements - liabilities (1) |  |  | Level 2 |  |  |  | (410,470 | ) |  |  | (410,470 | ) |  |  | (667,825 | ) |  |  | (667,825 | )
Cross currency interest swap agreement |  |  | Level 2 |  |  |  | (52,219 | ) |  |  | (52,219 | ) |  |  | 13,886 |  |  |  | 13,886 |
Foreign currency contracts |  |  | Level 2 |  |  |  | (1,480 | ) |  |  | (1,480 | ) |  |  | 2,885 |  |  |  | 2,885 |
Non-recurring |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Vessels and equipment (note 18b) |  |  | Level 2 |  |  |  | 17,250 |  |  |  | 17,250 |  |  |  | 287,983 |  |  |  | 287,983 |
Assets held for sale (2) (note 18b) |  |  | Level 2 |  |  |  | 176,247 |  |  |  | 176,247 |  |  |  | 22,364 |  |  |  | 22,364 |
Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Investment in term loans |  |  | Level 3 |  |  |  | 211,579 |  |  |  | 209,570 |  |  |  | 188,756 |  |  |  | 186,048 |
Loans to equity accounted investees and joint venture partners - Current |  |  | Level 3 |  |  |  | 37,019 |  |  |  | 37,019 |  |  |  | 139,183 |  |  |  | 139,183 |
Loans to equity accounted investees and joint venture partners - Long-term |  |  | (3 | ) |  |  | 132,229 |  |  |  | (3 | ) |  |  | 67,720 |  |  |  | (3 | )
Liabilities associated with assets held for sale (2) (note 8) |  |  | Level 2 |  |  |  | (168,007 | ) |  |  | (168,007 | ) |  |  | — |  |  |  | — |
Long-term debt - public (note 8) |  |  | Level 1 |  |  |  | (1,313,358 | ) |  |  | (1,376,829 | ) |  |  | (914,338 | ) |  |  | (949,326 | )
Long-term debt - non-public (note 8) |  |  | Level 2 |  |  |  | (4,796,112 | ) |  |  | (4,582,274 | ) |  |  | (4,645,376 | ) |  |  | (4,329,117 | )
(1) | The fair value of the Company’s interest rate swap agreements at December 31, 2013 includes $22.0 million (December 31, 2012- $21.6 million) of net accrued interest which is recorded in accrued liabilities and accounts receivable on the consolidated balance sheets.
(2) | The fair value of the Company’s assets held for sale and liabilities associated with assets held for sale include vessels held for sale, long-term debt and other working capital balances.
(3) | In these consolidated financial statements, the Company’s loans to and equity investments in equity accounted investees form the aggregate carrying value of the Company’s interests in entities accounted for by the equity method. In addition, the loans to joint venture partners together with the joint venture partner’s equity investment in joint venture form the net aggregate carrying value of the joint venture partner’s interest in the joint venture. The fair value of the individual components of such aggregate interests is not determinable.

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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=25499696&loc=d3e19190-110258 + Details
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