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Summary of Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2018
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 (loss) of Teekay’s consolidated partially-owned entities and the attribution of that net income (loss) 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 |  | Undistri- buted Earnings |  | Total Net income (loss) attributable |  | Distri- buted Earnings |  | Undistri- buted Earnings |  | Total Controlling Interest (Teekay) |
Teekay LNG | 13,506 |  |  | 25,701 |  |  | 30,463 |  |  | (10,807 | ) |  | 58,863 |  |  | 15,026 |  |  | 2,986 |  |  | 18,012 |  |  | 76,875 |
Teekay Tankers | — |  |  | — |  |  | — |  |  | (37,423 | ) |  | (37,423 | ) |  | — |  |  | (15,125 | ) |  | (15,125 | ) |  | (52,548 | )
Other entities and eliminations | — |  |  | — |  |  | — |  |  | — |  |  | 50 |  |  |  |  |  |  |  |  |
For the Year Ended December 31, 2018 | 13,506 |  |  | 25,701 |  |  | 30,463 |  |  | (48,230 | ) |  | 21,490 |  |  |  |  |  |  |  |  |
Teekay Offshore | 8,262 |  |  | 36,339 |  |  | 16,312 |  |  | (398,185 | ) | (2 | ) | (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 |  |  |  |  |  |  |  |  |
(1) | Includes earnings attributable to common shares and preferred shares.
(2) | Subsequent to the formation of Teekay Offshore, Teekay sold certain vessels to Teekay Offshore. Even though 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 following table summarizes the change in the Company’s of capitalized dry docking costs from January 1, 2016 to December 31, 2018:
| Year Ended December 31,
| 2018 $ |  | 2017 $ |  | 2016 $
Balance at the beginning of the year | 89,372 |  |  | 135,700 |  |  | 150,702 |
Costs incurred for dry dockings | 43,155 |  |  | 52,677 |  |  | 47,980 |
Dry-dock amortization | (33,684 | ) |  | (49,686 | ) |  | (55,026 | )
Write-down / sales of vessels | (2,459 | ) |  | (49,319 | ) |  | (7,956 | )
Balance at the end of the year | 96,384 |  |  | 89,372 |  |  | 135,700 |
Summary of Financing Receivables | The following table contains the carrying value 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, 2018.
|  |  |  |  | December 31,
Class of Financing Receivable | Credit Quality Indicator |  | Grade |  | 2018 $ |  | 2017 $
Direct financing leases | Payment activity |  | Performing |  | 575,163 |  |  | 495,990 |
Other loan receivables |  |  |  |  |  |  |
Loans to equity-accounted investees and joint venture partners | Other internal metrics |  | Performing |  | 231,404 |  |  | 253,906 |
Long-term receivable and accrued revenue included in accounts receivable and other assets | Payment activity |  | Performing |  | 15,694 |  |  | 12,175 |
|  |  |  |  | 822,261 |  |  | 762,071 |
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, 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 | )
Other comprehensive income and other | (506 | ) |  | 7,521 |  |  | — |  |  | (3,293 | ) |  | 3,722 |
Balance as of December 31, 2018 | 903 |  |  | (3,176 | ) |  | — |  |  | — |  |  | (2,273 | )

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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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