XML 50 R37.htm IDEA: XBRL DOCUMENT v2.4.0.8
Acquisitions (Tables)
12 Months Ended
Dec. 31, 2013
Business Combinations [Abstract]  
Summary of Preliminary and Final Fair Values of Assets Acquired and Liabilities Assumed, Including VIE

The following table summarizes the final purchase price allocation, which included the Voyageur Spirit VIE, by the Company at November 30, 2011:

 

     Final
$
 

ASSETS

  

Cash and cash equivalents

     50,230  

Other current assets

     29,209  

Vessels and equipment

     892,352  

Deferred income taxes

     3,307  

Investment in Sevan Marine

     37,100  

Other assets - long-term

     659  
  

 

 

 

Total assets acquired

     1,012,857  
  

 

 

 

Current liabilities

     41,376  

In-process revenue contracts

     158,968  

Long-term debt (note 8)

     220,497  

Other long-term liabilities

     6,036  

Non-controlling interest

     144,600  
  

 

 

 

Total liabilities assumed

     571,477  
  

 

 

 

Net assets acquired

     441,380  
  

 

 

 

Bargain purchase gain

     (68,535
  

 

 

 

Cash consideration

     372,845