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Segment Reporting (Tables) | 6 Months Ended
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Jun. 30, 2019
Segment Reporting [Abstract] |
Disaggregation of Revenue | The following table includes the Company’s revenues by segment for the three and six months ended June 30, 2019 and 2018:
| Revenues
| Three Months Ended June 30, | Six Months Ended June 30,
| 2019 | 2018 | 2019 | 2018
| $ | $ | $ | $
Teekay LNG |  |  |  |
Liquefied Gas Carriers(1) | 150,691 |  | 112,172 |  | 297,673 |  | 217,221 |
Conventional Tankers | 2,369 |  | 10,143 |  | 5,131 |  | 20,400 |
| 153,060 |  | 122,315 |  | 302,804 |  | 237,621 |
Teekay Tankers |  |  |  |
Conventional Tankers(1) | 202,277 |  | 171,659 |  | 434,778 |  | 340,124 |
Teekay Parent |  |  |  |
Offshore Production | 57,828 |  | 66,429 |  | 107,266 |  | 132,399 |
Other | 47,989 |  | 46,183 |  | 98,648 |  | 98,127 |
| 105,817 |  | 112,612 |  | 205,914 |  | 230,526 |
Eliminations and other | (3,487 | ) | (944 | ) | (4,616 | ) | (8,607 | )
| 457,667 |  | 405,642 |  | 938,880 |  | 799,664 |
(1) | The amounts in the table below represent revenue earned by each segment from other segments within the group. During 2019, Teekay Tankers' ship-to-ship transfer business provided operational and maintenance services to Teekay LNG Bahrain Operations L.L.C., an entity wholly-owned by Teekay LNG, for the LNG receiving and regasification terminal in Bahrain. Also during 2019, the Magellan Spirit was chartered by Teekay LNG to Teekay Parent. During 2018, certain vessels were chartered by Teekay LNG to Teekay Parent. Such intersegment revenue for the three and six months ended June 30, 2019 and 2018 is as follows:
| Three Months Ended June 30, | Six Months Ended June 30,
| 2019 | 2018 | 2019 | 2018
| $ | $ | $ | $
Teekay LNG - Liquefied Gas Carriers | 2,487 |  | 1,439 |  | 2,487 |  | 9,418 |
Teekay Tankers - Conventional Tankers | 1,000 |  | — |  | 2,129 |  | — |
| 3,487 |  | 1,439 |  | 4,616 |  | 9,418 |
Income (loss) from Vessel Operations by Segment | The following table includes the Company’s income (loss) from vessel operations by segment for the three and six months ended June 30, 2019 and 2018:
| Income (Loss) from Vessel Operations(1)
| Three Months Ended June 30, | Six Months Ended June 30,
| 2019 | 2018 | 2019 | 2018
| $ | $ | $ | $
Teekay LNG |  |  |  |
Liquefied Gas Carriers | 74,244 |  | 9,445 |  | 144,687 |  | 53,990 |
Conventional Tankers | 433 |  | 1,060 |  | (649 | ) | (18,343 | )
| 74,677 |  | 10,505 |  | 144,038 |  | 35,647 |
Teekay Tankers |  |  |  |
Conventional Tankers | 5,051 |  | (13,415 | ) | 37,148 |  | (21,836 | )
Teekay Parent |  |  |  |
Offshore Production | (5,987 | ) | 5,541 |  | (18,544 | ) | 12,423 |
Other | (2,278 | ) | (710 | ) | (6,947 | ) | (5,808 | )
| (8,265 | ) | 4,831 |  | (25,491 | ) | 6,615 |
| 71,463 |  | 1,921 |  | 155,695 |  | 20,426 |
(1) | Includes direct general and administrative expenses and indirect general and administrative expenses (allocated to each segment based on estimated use of corporate resources).
Reconciliation of Total Segment Assets | A reconciliation of total segment assets to total assets presented in the accompanying unaudited consolidated balance sheets is as follows:
| June 30, 2019 | December 31, 2018
| $ | $
Teekay LNG – Liquefied Gas Carriers | 5,207,739 |  | 5,188,088 |
Teekay LNG – Conventional Tankers | 13,748 |  | 39,450 |
Teekay Tankers – Conventional Tankers | 2,118,499 |  | 2,106,169 |
Teekay Parent – Offshore Production | 361,785 |  | 311,550 |
Teekay Parent – Conventional Tankers | — |  | 13,056 |
Teekay Parent – Other | 91,683 |  | 25,224 |
Teekay Offshore | — |  | 233,225 |
Cash and cash equivalents | 235,199 |  | 424,169 |
Other assets not allocated | 130,348 |  | 70,153 |
Eliminations | (32,983 | ) | (19,414 | )
Consolidated total assets | 8,126,018 |  | 8,391,670 |

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