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v3.19.1

Revenue - Direct Financing Leases (Details) | 1 Months Ended | 3 Months Ended | 12 Months Ended |  |
--- | --- | --- | --- | --- | ---
Sep. 30, 2018 | Dec. 31, 2015 | Nov. 30, 2013 vessel m³ | Dec. 31, 2018 USD ($) vessel | Dec. 31, 2019 USD ($) | Dec. 31, 2017 USD ($)
Property Subject to or Available for Operating Lease [Line Items] |  |  |  |  |  |
Total minimum lease payments to be received |  |  |  | $ 897,130,000 |  | $ 568,710,000
Estimated unguaranteed residual value of leased properties |  |  |  | 291,098,000 |  | 194,965,000
Initial direct costs and other |  |  |  | 329,000 |  | 361,000
Less unearned revenue |  |  |  | (613,394,000) |  | (268,046,000)
Total |  |  |  | 575,163,000 |  | 495,990,000
Less current portion |  |  |  | (12,635,000) |  | (9,884,000)
Net investment in direct financing leases - non-current (note 2) |  |  |  | 562,528,000 |  | $ 486,106,000
2019 |  |  |  | $ 64,200,000 |  |
Teekay LNG | Teekay Tangguh Joint Venture |  |  |  |  |  |
Property Subject to or Available for Operating Lease [Line Items] |  |  |  |  |  |
Ownership percentage |  |  |  | 69.00% |  |
Number of vessels | vessel |  |  |  | 2 |  |
Teekay LNG | Awilco LNG carriers |  |  |  |  |  |
Property Subject to or Available for Operating Lease [Line Items] |  |  |  |  |  |
Number of vessels | vessel |  |  | 2 |  |  |
Carriers volume (in cubic meters) | m³ |  |  | 155,900 |  |  |
Additional time period for fixed rate time charters contract (in years) |  |  | 1 year |  |  |
Teekay Tangguh Joint Venture |  |  |  |  |  |
Property Subject to or Available for Operating Lease [Line Items] |  |  |  |  |  |
Number of vessels | vessel |  |  |  | 2 |  |
2020 |  |  |  | $ 64,300,000 |  |
2021 |  |  |  | 64,200,000 |  |
2022 |  |  |  | 64,200,000 |  |
2023 |  |  |  | 64,000,000 |  |
Payments thereafter |  |  |  | $ 576,200,000 |  |
Maximum | Teekay LNG | Awilco LNG carriers |  |  |  |  |  |
Property Subject to or Available for Operating Lease [Line Items] |  |  |  |  |  |
Operating lease arrangement period, lessor (in years) |  |  | 5 years |  |  |
Minimum | Teekay LNG | Awilco LNG carriers |  |  |  |  |  |
Property Subject to or Available for Operating Lease [Line Items] |  |  |  |  |  |
Operating lease arrangement period, lessor (in years) |  |  | 4 years |  |  |
Forecast | Maximum | Teekay LNG | Awilco LNG carriers |  |  |  |  |  |
Property Subject to or Available for Operating Lease [Line Items] |  |  |  |  |  |
Deferred rent receivables, net |  |  |  |  | $ 20,600 |
Forecast | Minimum | Teekay LNG | Awilco LNG carriers |  |  |  |  |  |
Property Subject to or Available for Operating Lease [Line Items] |  |  |  |  |  |
Deferred rent receivables, net |  |  |  |  | $ 10,600 |
Bahrain LNG Joint Venture | LNG receiving and regasification terminal | Teekay LNG |  |  |  |  |  |
Property Subject to or Available for Operating Lease [Line Items] |  |  |  |  |  |
Operating lease arrangement period, lessor (in years) |  | 20 years |  | 20 years |  |
Bahrain LNG Joint Venture | Lease Agreements | Time charters | LNG receiving and regasification terminal | Teekay LNG |  |  |  |  |  |
Property Subject to or Available for Operating Lease [Line Items] |  |  |  |  |  |
Operating lease arrangement period, lessor (in years) | 21 years |  |  |  |  |

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- Definition Amount of minimum lease payments for capital leases due in the next fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=84164817&loc=d3e45280-112737 + Details
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- Definition The net investment in direct financing leases as of the balance sheet date consisting of: (a) minimum lease payments due on direct financing leases, (b) unguaranteed residual value, and (c) any unamortized initial direct costs; less: (i) executory costs, (ii) unearned income, and (iii) the accumulated allowance for uncollectible minimum lease payments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 30 -Section 50 -Paragraph 4 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=84165051&loc=d3e45377-112738 + Details
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- Definition The remaining (unamortized) difference between the gross investment in a direct financing lease and the cost or carrying amount, if different, of the leased property as of the balance sheet date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 30 -Section 50 -Paragraph 4 -Subparagraph (a)(4) -URI http://asc.fasb.org/extlink&oid=84165051&loc=d3e45377-112738 + Details
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- Definition Remaining unamortized costs as of the balance sheet date that were essential to acquiring the lease, and that would not otherwise have been incurred without the lease agreement, including evaluating the lessee's credit condition, guarantees, and collateral and costs incurred negotiating, processing, and closing the lease agreement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 25 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=77902619&loc=d3e40246-112709 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 30 -Section 50 -Paragraph 4 -Subparagraph (a)(3) -URI http://asc.fasb.org/extlink&oid=84165051&loc=d3e45377-112738 + Details
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