XML 68 R93.htm IDEA: XBRL DOCUMENT v2.4.0.8
Subsequent Events - Additional Information - Logitel (Detail) (USD $)
6 Months Ended 6 Months Ended 1 Months Ended 1 Months Ended
Jun. 30, 2014
Dec. 31, 2013
Jun. 30, 2014
Newbuildings [Member]
Jun. 30, 2014
Teekay Offshore [Member]
Aug. 31, 2014
Subsequent Events [Member]
Teekay Offshore [Member]
FloatingAccommodationUnits
Aug. 31, 2014
Subsequent Events [Member]
Teekay Offshore [Member]
Purchase Commitment [Member]
Aug. 31, 2014
Subsequent Events [Member]
Logitel Offshore Holdings [Member]
Teekay Offshore [Member]
Aug. 31, 2014
Subsequent Events [Member]
Logitel Offshore Holdings [Member]
Teekay Offshore [Member]
Newbuildings [Member]
FloatingAccommodationUnits
Aug. 31, 2014
Subsequent Events [Member]
Logitel Offshore Holdings [Member]
Teekay Offshore [Member]
Order or Production Backlog [Member]
FloatingAccommodationUnits
Aug. 31, 2014
Subsequent Events [Member]
Logitel Offshore Holdings [Member]
Teekay Offshore [Member]
Order or Production Backlog [Member]
Newbuildings [Member]
Aug. 31, 2014
Subsequent Events [Member]
Sevan Marine ASA [Member]
Teekay Offshore [Member]
Subsequent Event [Line Items]                      
Percentage of ownership acquired             100.00%        
Portion of purchase price paid in cash       $ 253,000,000     $ 4,000,000        
Potential additional cash amount for purchase price             27,600,000        
Number of floating accommodation units         3     2 6    
Expected cost of project 1,500,000,000       534,000,000            
Advances on newbuilding contracts and conversion costs 1,403,850,000 796,324,000 221,400,000     18,000,000          
Purchase obligation due (balance of 2014)           8,800,000          
Purchase obligation due (2015)           341,000,000          
Purchase obligation due (2016)           166,200,000          
License fees         22,200,000            
Long-term Debt 6,732,367,000 6,109,470,000         60,000,000        
Repayment of non-interest bearing amount on bond                     $ 10,000,000
Long-term debt, maturities, repayment terms                   within 6 months of delivery of each of the next six FAUs, including the three ordered from COSCO  
Debt conversion                     The conversion option is exercisable if the fourth of six options with COSCO is not exercised by its option expiry date on November 30, 2016. In this case, Sevan has a one-time option to receive the remaining two options with COSCO in exchange for the extinguishment of the remaining amount owing on the bond agreement. If the one-time option is not exercised by Sevan, any remaining amount owing on the bond agreement will be forgiven when there is a continuous three-year period, from the date of the latest delivery of a newbuilding FAU based on the Sevan cylindrical hull design, where no such Seven design FAUs are ordered.