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Unaudited Consolidated Statements of (Loss) Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Income Statement [Abstract]        
REVENUES $ 452,254 $ 430,707 $ 958,748 $ 881,744
OPERATING EXPENSES        
Voyage expenses 33,439 26,154 68,451 52,469
Vessel operating expenses 201,714 195,978 402,900 383,442
Time-charter hire expense 9,714 26,544 26,006 53,996
Depreciation and amortization 103,373 109,769 206,831 212,263
General and administrative 36,945 35,395 74,823 74,666
Loan loss (recoveries) provisions (note 7b) (2,521) 7,042 (2,521) 10,207
(Gain) loss on sale of vessels and equipment (9,615) (1,341) (9,453) (1,309)
Restructuring charges (note 12) (244) 1,789 395 3,843
Total operating expenses 372,805 401,330 767,432 789,577
Income from vessel operations 79,449 29,377 191,316 92,167
OTHER ITEMS        
Interest expense (49,656) (44,687) (98,989) (87,197)
Interest income 793 2,018 2,576 3,036
Realized and unrealized (loss) gain on non-designated derivative instruments (note 15) (75,331) 56,035 (122,579) 42,246
Equity income 35,271 47,372 62,765 74,687
Foreign exchange (loss) gain (notes 8 and 15) (2,046) 678 (2,940) 2,867
Other (loss) income (note 13) (734) (1,386) 7,517 3,856
Net (loss) income before income taxes (12,254) 89,407 39,666 131,662
Income tax expense (note 16) (3,193) (1,873) (5,991) (4,373)
Net (loss) income (15,447) 87,534 33,675 127,289
Less: Net income attributable to non-controlling interests (27,540) (76,167) (77,150) (122,058)
Net (loss) income attributable to stockholders of Teekay Corporation $ (42,987) $ 11,367 $ (43,475) $ 5,231
Per common share of Teekay Corporation (note 17)        
• Basic (loss) income attributable to stockholders of Teekay Corporation $ (0.60) $ 0.16 $ (0.61) $ 0.07
• Diluted (loss) income attributable to stockholders of Teekay Corporation $ (0.60) $ 0.16 $ (0.61) $ 0.07
• Cash dividends declared $ 0.3163 $ 0.3163 $ 0.6325 $ 0.6325
Weighted average number of common shares outstanding(note 17)        
• Basic 72,036,526 70,393,531 71,687,549 70,142,301
• Diluted 72,036,526 71,314,629 71,687,549 71,142,363