XML 54 R38.htm IDEA: XBRL DOCUMENT v3.19.1
Goodwill and Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Carrying Amount of Goodwill for Company's Reportable Segment
The carrying amount of goodwill for the years ended December 31, 2018 and 2017, for the Company’s reportable segments are as follows:
 
 
Teekay LNG – Liquefied Gas Segment
$
 
Conventional Tanker Segment
$
 
Total
$
Balance as of December 31, 2017
 
35,631

 
8,059

 
43,690

Balance as of December 31, 2018
 
35,631

 
8,059

 
43,690
Summary of Intangible Assets
As at December 31, 2018, the Company’s intangible assets consisted of: 
 
Gross Carrying Amount
$
 
Accumulated Amortization
$
 
Net Carrying Amount
$
Customer contracts
193,194

 
(140,756
)
 
52,438

Customer relationships
22,500

 
(10,875
)
 
11,625

Off-market in-charter contracts (1)
17,900

 
(4,190
)
 
13,710

 
233,594

 
(155,821
)
 
77,773

(1)    Represents the off-market in-charter contracts between the Company and Teekay Offshore for two FSO units.

As at December 31, 2017, the Company’s intangible assets consisted of: 
 
Gross Carrying Amount
$
 
Accumulated Amortization
$
 
Net Carrying Amount
$
Customer contracts
193,194

 
(131,647
)
 
61,547

Customer relationships
22,500

 
(8,005
)
 
14,495

Off-market in-charter contracts (1)
17,900

 
(928
)
 
16,972

 
233,594

 
(140,580
)
 
93,014

(1)    Represents the off-market in-charter contracts between the Company and Teekay Offshore for two FSO units.