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Consolidated Statements of Income (Loss) (USD $)
In Thousands, except Share data, unless otherwise specified
 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Income Statement [Abstract]      
REVENUES $ 1,830,085 $ 1,980,771 $ 1,976,022
OPERATING EXPENSES      
Voyage expenses 112,218 138,283 176,614
Vessel operating expenses 806,152 813,326 749,939
Time-charter hire expense 103,646 130,739 214,179
Depreciation and amortization 431,086 455,898 428,608
General and administrative (note 12) 140,958 144,296 173,604
Asset impairments (note 18b) 167,605 432,196 155,288
Loan loss provisions (note 18b) 748 1,886 0
(Gain) loss on sale of vessels and equipment (note 18a) (1,995) 6,975 (4,229)
Bargain purchase gain (note 3a) 0 0 (68,535)
Goodwill impairment charge (note 6) 0 0 36,652
Restructuring charges (note 20) 6,921 7,565 5,490
Total operating expenses 1,767,339 2,131,164 1,867,610
Income (loss) from vessel operations 62,746 (150,393) 108,412
OTHER ITEMS      
Interest expense (181,396) (167,615) (137,604)
Interest income 9,708 6,159 10,078
Realized and unrealized gain (loss) on non-designated derivative instruments (note 15) 18,414 (80,352) (342,722)
Equity income (loss) (notes 18b and 23) 136,538 79,211 (35,309)
Foreign exchange (loss) gain (notes 8 and 15) (13,304) (12,898) 12,654
Other income (note 14) 5,646 366 12,360
Net income (loss) before income taxes 38,352 (325,522) (372,131)
Income tax (expense) recovery (note 21) (2,872) 14,406 (4,290)
Net income (loss) 35,480 (311,116) (376,421)
Less: Net (income) loss attributable to non-controlling interests (150,218) 150,936 17,805
Net loss attributable to stockholders of Teekay Corporation $ (114,738) $ (160,180) $ (358,616)
Per common share of Teekay Corporation (note 19)      
Basic loss attributable to stockholders of Teekay Corporation $ (1.63) $ (2.31) $ (5.11)
Diluted loss attributable to stockholders of Teekay Corporation $ (1.63) $ (2.31) $ (5.11)
Cash dividends declared $ 1.2650 $ 1.2650 $ 1.2650
Weighted average number of common shares outstanding(note 19)      
Basic 70,457,968 69,263,369 70,234,817
Diluted 70,457,968 69,263,369 70,234,817