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Summary of Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2017
Accounting Policies [Abstract] |
Net Income of Consolidated Partially-Owned Entities and Attribution of Net Income to Controlling and Non-controlling Interests | The total net income of Teekay’s consolidated partially-owned entities and the attribution of that net income to controlling and non-controlling interests is as follows:
| Net income (loss) attributable to non-controlling interests |  | Controlling Interest |  | Net income (loss) of consolidated partially-owned entities (1)
| Non-public partially-owned subsidiaries |  | Preferred unit holders |  | Distri- buted Earnings(2) |  | Undistri- buted Earnings |  | Total Net income (loss) attributable |  | Distri- buted Earnings |  | Undistri- buted Earnings |  | Total Controlling Interest (Teekay) |
Teekay Offshore | 8,262 |  |  | 36,339 |  |  | 16,312 |  |  | (398,185 | ) | (3 | ) | (337,272 | ) |  | 5,981 |  |  | 334,033 |  | (3 | ) | 340,014 |  |  | 2,742 |
Teekay LNG | (54 | ) |  | 13,979 |  |  | 30,474 |  |  | (41,520 | ) |  | 2,879 |  |  | 15,027 |  |  | (18,995 | ) |  | (3,968 | ) |  | (1,089 | )
Teekay Tankers | — |  |  | — |  |  | — |  |  | (28,893 | ) |  | (28,893 | ) |  | — |  |  | (30,434 | ) |  | (30,434 | ) |  | (59,327 | )
Other entities and eliminations | — |  |  | — |  |  | — |  |  | — |  |  | (2,510 | ) |  |  |  |  |  |  |  |
For the Year Ended December 31, 2017 | 8,208 |  |  | 50,318 |  |  | 46,786 |  |  | (468,598 | ) |  | (365,796 | ) |  |  |  |  |  |  |  |
Teekay Offshore | 11,858 |  |  | 45,835 |  |  | 41,688 |  |  | (46,155 | ) |  | 53,226 |  |  | 18,378 |  |  | (27,129 | ) |  | (8,751 | ) |  | 44,475 |
Teekay LNG | 17,514 |  |  | 2,719 |  |  | 30,444 |  |  | 60,545 |  |  | 111,222 |  |  | 15,026 |  |  | 31,717 |  |  | 46,743 |  |  | 157,965 |
Teekay Tankers | — |  |  | — |  |  | — |  |  | 47,459 |  |  | 47,459 |  |  | — |  |  | 15,396 |  |  | 15,396 |  |  | 62,855 |
Other entities and eliminations | — |  |  | — |  |  | — |  |  | — |  |  | (2,061 | ) |  |  |  |  |  |  |  |
For the Year Ended December 31, 2016 | 29,372 |  |  | 48,554 |  |  | 72,132 |  |  | 61,849 |  |  | 209,846 |  |  |  |  |  |  |  |  |
Teekay Offshore | 13,911 |  |  | 28,609 |  |  | 119,971 |  |  | (103,949 | ) |  | 58,542 |  |  | 70,414 |  |  | (38,913 | ) |  | 31,501 |  |  | 90,043 |
Teekay LNG | 16,627 |  |  | — |  |  | 120,482 |  |  | (1,510 | ) |  | 135,599 |  |  | 82,791 |  |  | (880 | ) |  | 81,911 |  |  | 217,510 |
Teekay Tankers | — |  |  | — |  |  | — |  |  | 129,725 |  |  | 129,725 |  |  | — |  |  | 47,202 |  |  | 47,202 |  |  | 176,927 |
Other entities and eliminations | — |  |  | — |  |  | — |  |  | — |  |  | (557 | ) |  |  |  |  |  |  |  |
For the Year Ended December 31, 2015 | 30,538 |  |  | 28,609 |  |  | 240,453 |  |  | 24,266 |  |  | 323,309 |  |  |  |  |  |  |  |  |
(1) | Includes earnings from common shares and preferred shares.
(2) | Excludes the results of the acquisition of interests in vessels between Teekay Corporation, Teekay Offshore and Teekay Tankers during the periods the vessels were under common control and had begun operations.
(3) | Subsequent to the formation of Teekay Offshore, Teekay sold certain vessels to Teekay Offshore. As Teekay Offshore was a non-wholly-owned consolidated subsidiary of Teekay at the date of the sales, all of the gain or loss on sales of these vessels was fully eliminated upon consolidation. Consequently, the portion of the gain or loss attributable to Teekay’s reduced interest in the vessels was deferred. The total unrecognized net deferred gain relating to the vessels previously sold from Teekay to Teekay Offshore was $349.6 million. Upon deconsolidation of Teekay Offshore, such amount was recognized as an increase to net loss attributable to non-controlling interests for the year ended December 31, 2017.
Summary of Capitalized Dry Docking Costs | The continuity of capitalized dry-docking costs for the years ended December 31, 2017, 2016, and 2015, is summarized as follows:
| Year Ended December 31,
| 2017 $ |  | 2016 $ |  | 2015 $
Balance at the beginning of the year | 135,700 |  |  | 150,702 |  |  | 135,331 |
Costs incurred for dry dockings | 52,677 |  |  | 47,980 |  |  | 69,927 |
Dry-dock amortization | (49,686 | ) |  | (55,026 | ) |  | (47,271 | )
Write-down / sales of vessels | (49,319 | ) |  | (7,956 | ) |  | (7,285 | )
Balance at the end of the year | 89,372 |  |  | 135,700 |  |  | 150,702 |
Summary of Financing Receivables | The following table contains a summary of the Company’s financing receivables by type of borrower, the method by which the Company monitors the credit quality of its financing receivables on a quarterly basis, and the grade as of December 31, 2017.
|  |  |  |  | December 31,
Class of Financing Receivable | Credit Quality Indicator |  | Grade |  | 2017 $ |  | 2016 $
Direct financing leases | Payment activity |  | Performing |  | 495,990 |  |  | 660,594 |
Other loan receivables |  |  |  |  |  |  |
Loans to equity-accounted investees and joint venture partners | Other internal metrics |  | Performing |  | 253,906 |  |  | 304,030 |
Long-term receivable included in other assets | Payment activity |  | Performing |  | 12,175 |  |  | 17,712 |
|  |  |  |  | 762,071 |  |  | 982,336 |
Schedule of Accumulated Other Comprehensive Income (Loss) | The following table contains the changes in the balances of each component of accumulated other comprehensive income (loss) attributable to shareholders of Teekay for the periods presented.
| Qualifying Cash Flow Hedging Instruments $ |  | Pension Adjustments $ |  | Unrealized (Loss) Gain on Available for Sale Marketable Securities $ |  | Foreign Exchange Gain (Loss) on Currency Translation $ |  | Total $
Balance as of December 31, 2014 | (468 | ) |  | (29,888 | ) |  | — |  |  | 2,058 |  |  | (28,298 | )
Other comprehensive income (loss) | 49 |  |  | 14,038 |  |  | (463 | ) |  | (217 | ) |  | 13,407 |
Balance as of December 31, 2015 | (419 | ) |  | (15,850 | ) |  | (463 | ) |  | 1,841 |  |  | (14,891 | )
Other comprehensive income and other | 378 |  |  | 3,690 |  |  | 47 |  |  | 173 |  |  | 4,288 |
Balance as of December 31, 2016 | (41 | ) |  | (12,160 | ) |  | (416 | ) |  | 2,014 |  |  | (10,603 | )
Other comprehensive income and other | 1,450 |  |  | 1,463 |  |  | 416 |  |  | 1,279 |  |  | 4,608 |
Balance as of December 31, 2017 | 1,409 |  |  | (10,697 | ) |  | — |  |  | 3,293 |  |  | (5,995 | )

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- Definition Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 55 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=82894031&loc=SL6953803-111525 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=84173941&loc=SL6953659-111524 + Details
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