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Derivative Instruments and Hedging Activities (Tables) | 12 Months Ended
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Dec. 31, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Foreign Currency Contracts [Table Text Block] | Foreign Exchange Risk From time to time the Company economically hedges portions of its forecasted expenditures denominated in foreign currencies with foreign currency forward contracts. As at December 31, 2019, the Company was committed to the following foreign currency forward contracts:
| Contract Amount in Foreign Currency |  | Average Forward Rate (1) |  | Fair Value / Carrying Amount Of Asset (Liability) $ |  | Expected Maturity
|  |  |  | 2020 |  | 2021
|  |  |  | $ |  | $
Euro | 5,820 |  | 0.86 |  | (202) |  | 6,750 |  | — |
(1) | Average contractual exchange rate represents the contracted amount of foreign currency one U.S. Dollar will buy.
Commitment of Cross Currency Swaps | As at December 31, 2019, the Company was committed to the following cross currency swaps:
Notional Amount NOK |  | Notional Amount USD |  |  |  |  |  |  |  | Fair Value / Carrying Amount of Asset / (Liability) |  | Remaining Term (years)
Floating Rate Receivable |  |  |
Reference Rate |  | Margin |  | Fixed Rate Payable |
1,000,000 |  | 134,000 |  |  | NIBOR |  | 3.70 | % |  | 5.92 | % |  | (20,665 | ) |  | 0.4
1,200,000 |  | 146,500 |  |  | NIBOR |  | 6.00 | % |  | 7.72 | % |  | (10,532 | ) |  | 1.8
850,000 |  | 102,000 |  |  | NIBOR |  | 4.60 | % |  | 7.89 | % |  | (10,907 | ) |  | 3.7
|  |  |  |  |  |  |  |  |  | (42,104 | ) |  |
Interest Rate Swap Agreements | As at December 31, 2019, the Company was committed to the following interest rate swap agreements related to its LIBOR-based debt and EURIBOR-based debt, whereby certain of the Company’s floating-rate debt obligations were swapped with fixed-rate obligations:
| Interest Rate Index |  | Principal Amount $ |  | Fair Value / Carrying Amount of Asset / (Liability) $ |  | Weighted- Average Remaining Term (years) |  | Fixed Interest Rate (%) (1)
LIBOR-Based Debt: |  |  |  |  |  |  |  |  |
U.S. Dollar-denominated interest rate swaps (2) | LIBOR |  | 1,042,106 |  |  | (41,194 | ) |  | 3.4 |  | 2.8
EURIBOR-Based Debt: |  |  |  |  |  |  |  |  |
Euro-denominated interest rate swaps | EURIBOR |  | 75,089 |  |  | (8,160 | ) |  | 3.7 |  | 3.8
|  |  |  |  | (49,354 | ) |  |  |  |
(1) | Excludes the margins the Company pays on its variable-rate debt, which, as of December 31, 2019, ranged from 0.3% to 3.95%.
(2) | Includes interest rate swaps with the notional amount reducing quarterly or semi-annually. Three interest rate swaps are subject to mandatory early termination in 2020, 2021 and 2024, at which time the swaps will be settled based on their fair value.
Location and Fair Value Amounts of Derivative Instruments | The following table presents the location and fair value amounts of derivative instruments, segregated by type of contract, on the Company’s consolidated balance sheets.
| Prepaid Expenses and Other |  | Other Non-Current Assets |  | Accrued Liabilities and Other (1) |  | Accrued Liabilities and Other (2) |  | Other long-term liabilities
As at December 31, 2019 |  |  |  |  |  |  |  |  |
Derivatives designated as a cash flow hedge: |  |  |  |  |  |  |  |  |
Interest rate swap agreements | — |  |  | — |  |  | (13 | ) |  | (836 | ) |  | (3,475 | )
Derivatives not designated as a cash flow hedge: |  |  |  |  |  |  |  |  |
Foreign currency contracts | — |  |  | — |  |  | — |  |  | (202 | ) |  | — |
Interest rate swap agreements | 932 |  |  | 1,916 |  |  | (2,948 | ) |  | (15,478 | ) |  | (29,452 | )
Cross currency swap agreements | — |  |  | — |  |  | (456 | ) |  | (22,661 | ) |  | (18,987 | )
Forward freight agreements | — |  |  | — |  |  | — |  |  | (86 | ) |  | — |
| 932 |  |  | 1,916 |  |  | (3,417 | ) |  | (39,263 | ) |  | (51,914 | )
As at December 31, 2018 |  |  |  |  |  |  |  |  |
Derivatives designated as a cash flow hedge: |  |  |  |  |  |  |  |  |
Interest rate swap agreements | 784 |  |  | 2,362 |  |  | 20 |  |  | — |  |  | — |
Derivatives not designated as a cash flow hedge: |  |  |  |  |  |  |  |  |
Interest rate swap agreements | 2,915 |  |  | 2,973 |  |  | (2,498 | ) |  | (7,419 | ) |  | (32,672 | )
Cross currency swap agreements | — |  |  | — |  |  | (713 | ) |  | (4,729 | ) |  | (23,680 | )
Stock purchase warrants | — |  |  | 12,026 |  |  | — |  |  | — |  |  | — |
Forward freight agreements | — |  |  | — |  |  | — |  |  | (57 | ) |  | — |
| 3,699 |  |  | 17,361 |  |  | (3,191 | ) |  | (12,205 | ) |  | (56,352 | )
Effective Portion of Gains (Losses) on Interest Rate Swap Agreements | For the periods indicated, the following table presents the effective portion of gains (losses) on consolidated interest rate swap agreements designated and qualifying as cash flow hedges (excluding such agreements in equity-accounted investments):
Year Ended December 31, 2019
Amount of Loss Recognized in OCI (effective portion) |  | Amount of Gain Reclassified from Accumulated OCI to Interest Expense (1)
$ |  | $
(7,458 | ) |  | 376 |
Year Ended December 31, 2018
Amount of Gain Recognized in OCI (effective portion) |  | Amount of Loss Reclassified from Accumulated OCI to Interest Expense (1) |  | Amount of Gain Recognized in Interest Expense (ineffective portion)
$ |  | $ |  | $
2,128 |  |  | (152 | ) |  | 740 |
Year Ended December 31, 2017
Amount of Loss Recognized in OCI (effective portion) |  | Amount of Loss Reclassified from Accumulated OCI to Interest Expense (1) |  | Amount of Loss Recognized in Interest Expense (ineffective portion)
$ |  | $ |  | $
(31 | ) |  | (1,614 | ) |  | (746 | )
(1) | See Note 1 – adoption of ASU 2017-12
Effect of Gain (Loss) on Derivatives Not Designated as Hedging Instruments | The effect of the (losses) and gains on derivatives not designated as hedging instruments in the consolidated statements of loss are as follows:
| Year Ended December 31, 2019 $ |  | Year Ended December 31, 2018 $ |  | Year Ended December 31, 2017 $
Realized (losses) gains relating to: |  |  |  |  |
Interest rate swap agreements | (8,296 | ) |  | (13,898 | ) |  | (53,921 | )
Interest rate swap agreement terminations | — |  |  | (13,681 | ) |  | (610 | )
Foreign currency forward contracts | (147 | ) |  | — |  |  | 667 |
Stock purchase warrants | (25,559 | ) |  | — |  |  | — |
Time charter swap agreement | — |  |  | — |  |  | 1,106 |
Forward freight agreements | 1,490 |  |  | 137 |  |  | 270 |
| (32,512 | ) |  | (27,442 | ) |  | (52,488 | )
Unrealized (losses) gains relating to: |  |  |  |  |
Interest rate swap agreements | (7,878 | ) |  | 33,700 |  |  | 17,005 |
Foreign currency forward contracts | (200 | ) |  | — |  |  | 3,925 |
Stock purchase warrants | 26,900 |  |  | (21,053 | ) |  | (6,421 | )
Time-charter swap agreement | — |  |  | — |  |  | (875 | )
Forward Freight Agreements | (29 | ) |  | (57 | ) |  | — |
| 18,793 |  |  | 12,590 |  |  | 13,634 |
Total realized and unrealized losses on derivative instruments | (13,719 | ) |  | (14,852 | ) |  | (38,854 | )
Effect of Gains (Losses) on Cross Currency Swaps | The effect of the gains (losses) on cross currency swaps on the consolidated statements of loss is as follows:
| Year Ended December 31,
| 2019 $ |  | 2018 $ |  | 2017 $
Realized gains (losses) on maturity and/or partial termination of cross currency swap | — |  |  | (42,271 | ) |  | (25,733 | )
Realized losses | (5,062 | ) |  | (6,533 | ) |  | (18,494 | )
Unrealized (losses) gains | (13,239 | ) |  | 21,240 |  |  | 82,668 |
Total realized and unrealized (losses) gains on cross currency swaps | (18,301 | ) |  | (27,564 | ) |  | 38,441 |

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