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Subsequent Events | 9 Months Ended
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Sep. 30, 2020
Subsequent Event [Line Items] |
Subsequent Events | Subsequent Events a)On October 1, 2020, Teekay Parent completed the refinancing of its revolving credit facility of up to $150 million, and as part of this refinancing, 10.75 million Teekay LNG common units were included as additional security. b)In October and November 2020, Teekay Parent repurchased $2.0 million of principal of its existing Convertible Notes for total consideration of $1.7 million and $6.6 million of the principal of its existing 2022 Notes for total consideration of $6.2 million. c)On October 19 and 22, 2020, Teekay Tankers completed the purchases of two Aframax tankers previously under the sale-leaseback arrangement described in Note 6 for a total cost of $29.6 million, using available cash. d)On November 13, 2020, Teekay Tankers declared purchase options on two Suezmax tankers for a total cost of $56.7 million, as part of the repurchase options under the sale-leaseback arrangements described in Note 6. The Company expects to complete the purchase and delivery of these vessels in May 2021.

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- Definition Detail information of subsequent event by type. User is expected to use existing line items from elsewhere in the taxonomy as the primary line items for this disclosure, which is further associated with dimension and member elements pertaining to a subsequent event. + References No definition available. + Details
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI http://asc.fasb.org/topic&trid=2122774 + Details
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