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Investments (Tables) | 12 Months Ended
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Dec. 31, 2015
Teekay Offshore [Member] | ALP Maritime Services B.V [Member] |
Summary of Preliminary and Finalized Fair Values of Assets Acquired and Liabilities Assumed | The following table summarizes the finalized estimates of fair values of the ALP assets acquired and liabilities assumed by Teekay Offshore on the acquisition date.
(in thousands of U.S. dollars) |  | As at March 14, 2014 $ |
ASSETS |  |  |  |
Cash and cash equivalents |  |  | 294 |
Other current assets |  |  | 404 |
Advances on newbuilding contracts |  |  | 164 |
Other assets - long-term |  |  | 395 |
Goodwill |  |  | 2,032 |
Total assets acquired |  |  | 3,289 |
LIABILITIES |  |  |  |
Current liabilities |  |  | 387 |
Other long-term liabilities |  |  | 286 |
Total liabilities assumed |  |  | 673 |
Net assets acquired |  |  | 2,616 |
Consideration |  |  | 2,616 |
Teekay Offshore [Member] | Logitel Offshore Holdings [Member] |
Summary of Preliminary and Finalized Fair Values of Assets Acquired and Liabilities Assumed | The following table summarizes the preliminary and final valuations of the Logitel assets and liabilities on the acquisition date. The estimates of fair values of the Logitel assets acquired and liabilities assumed by Teekay Offshore were finalized during the second quarter of 2015.
(in thousands of U.S. Dollars) |  | Preliminary Valuation August 11, 2014 $ |  |  | Adjustments $ |  |  | Final Valuation August 11, 2014 $ |
ASSETS |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  |  | 8,089 |  |  |  | — |  |  |  | 8,089 |
Prepaid expenses |  |  | 640 |  |  |  | — |  |  |  | 640 |
Advances on newbuilding contracts |  |  | 46,809 |  |  |  | (2,239 | ) |  |  | 44,570 |
Intangible assets |  |  | — |  |  |  | 1,000 |  |  |  | 1,000 |
Total assets acquired |  |  | 55,538 |  |  |  | (1,239 | ) |  |  | 54,299 |
LIABILITIES |  |  |  |  |  |  |  |  |  |  |  |
Accrued liabilities |  |  | 4,098 |  |  |  | — |  |  |  | 4,098 |
Long-term debt |  |  | 26,270 |  |  |  | 1,330 |  |  |  | 27,600 |
Total liabilities assumed |  |  | 30,368 |  |  |  | 1,330 |  |  |  | 31,698 |
Net assets acquired |  |  | 25,170 |  |  |  | (2,569 | ) |  |  | 22,601 |
Cash consideration |  |  | 4,000 |  |  |  | — |  |  |  | 4,000 |
Contingent consideration |  |  | 21,170 |  |  |  | (2,569 | ) |  |  | 18,601 |
Teekay Tankers [Member] | Ship-to-Ship Transfer Business (SPT) [Member] |
Summary of Preliminary and Finalized Fair Values of Assets Acquired and Liabilities Assumed | The following table summarizes the preliminary estimates of fair values of the SPT assets acquired and liabilities assumed by Teekay Tankers on the acquisition date of July 31, 2015. Teekay Tankers is continuing to obtain information to finalize estimated fair value of the SPT assets acquired and liabilities assumed at the acquisition date of July 31, 2015 and expects to complete this process as soon as practicable, but no later than one year from the acquisition date.
|  | As at July 31, 2015 $ |
ASSETS |  |  |  |
Cash, cash equivalents and short-term restricted cash |  |  | 1,292 |
Accounts receivable |  |  | 10,332 |
Prepaid expenses and other current assets |  |  | 3,763 |
Vessels and equipment |  |  | 6,475 |
Other assets |  |  | 143 |
Intangible assets subject to amortization |  |  |  |
Customer relationships (Note 6) |  |  | 30,879 |
Total assets acquired |  |  | 52,884 |
LIABILITIES |  |  |  |
Accounts payable |  |  | (3,650 | )
Accrued liabilities |  |  | (3,276 | )
Total liabilities assumed |  |  | (6,926 | )
Net assets acquired (1) |  |  | 45,958 |
(1) | Prior to the SPT acquisition date, SPT had in-chartered the SPT Explorer from the Company. $1.4 million of the SPT acquisition purchase price was allocated to the settlement of this pre-existing relationship. Such amount has been accounted for as a reduction to revenue on the SPT acquisition date.

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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=56956791&loc=d3e4845-128472 + Details
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