XML 441 R58.htm IDEA: XBRL DOCUMENT v3.21.1
Revenue - Revenue (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Disaggregation of Revenue [Line Items]      
Revenues $ 1,815,672 $ 1,945,391 $ 1,728,488
Disaggregation of Revenue
Revenue Table
The following tables contain the Company’s total revenue for the years ended December 31, 2020, 2019 and 2018, by contract type, by segment and by business line within segments.
Year Ended December 31, 2020
Teekay LNG Liquefied Gas CarriersTeekay LNG Conventional TankersTeekay Tankers Conventional TankersTeekay Parent Offshore ProductionTeekay Parent OtherEliminations and OtherTotal
$$$$$$$
Time charters543,408 — 127,598 — 17,152 — 688,158 
Voyage charters38,687 — 741,804 — — — 780,491 
FPSO contracts
— — — 108,952 — — 108,952 
Management fees and other
9,008 — 17,032 — 212,031 — 238,071 
591,103 — 886,434 108,952 229,183 — 1,815,672 
Year Ended December 31, 2019
Teekay LNG Liquefied Gas CarriersTeekay LNG Conven-tional TankersTeekay Tankers Conventional TankersTeekay Parent Offshore ProductionTeekay Parent OtherEliminations and OtherTotal
$$$$$$$
Time charters533,294 6,742 17,495 — 33,961 (11,562)579,930 
Voyage charters36,351 — 881,603 — — — 917,954 
Bareboat charters18,387 — — — — — 18,387 
FPSO contracts
— — — 210,816 — — 210,816 
Management fees and other
6,482 — 44,819 — 169,029 (2,026)218,304 
594,514 6,742 943,917 210,816 202,990 (13,588)1,945,391 
Year Ended December 31, 2018
Teekay LNG Liquefied Gas CarriersTeekay LNG Conven-tional TankersTeekay Tankers Conventional TankersTeekay Parent Offshore ProductionTeekay Parent OtherEliminations and OtherTotal
$$$$$$$
Time charters420,262 17,405 59,976 — 33,737 (9,418)521,962 
Voyage charters23,922 14,591 671,928 — — — 710,441 
Bareboat charters23,820 — — — — 729 24,549 
FPSO contracts
— — — 261,736 — — 261,736 
Management fees and other
10,435 327 44,589 — 156,186 (1,737)209,800 
478,439 32,323 776,493 261,736 189,923 (10,426)1,728,488 
   
Time charters      
Disaggregation of Revenue [Line Items]      
Revenues $ 688,158 579,930 521,962
Voyage charters      
Disaggregation of Revenue [Line Items]      
Revenues 780,491 917,954 710,441
Bareboat charters      
Disaggregation of Revenue [Line Items]      
Revenues   18,387 24,549
FPSO      
Disaggregation of Revenue [Line Items]      
Revenues 108,952 210,816 261,736
Management fees and other      
Disaggregation of Revenue [Line Items]      
Revenues 238,071 218,304 209,800
Lease revenue [Member]      
Disaggregation of Revenue [Line Items]      
Operating Leases, Income Statement, Lease Revenue 1,450,742 1,554,883 1,322,259
Sales-type and Direct Financing Leases, Interest Income 51,378 51,676 41,963
Operating Lease, Variable Lease Income 49,099 50,024 39,233
Operating Lease, Variable Lease Income, Other 5,218 48,813 96,679
Lease income 1,556,437 1,705,396 1,500,134
Non-lease revenue      
Disaggregation of Revenue [Line Items]      
Revenues 259,235 239,995 228,354
Non-lease Component [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 21,164 21,691 18,554
Operating Segments | Teekay LNG      
Disaggregation of Revenue [Line Items]      
Revenues 591,103 601,256 510,762
Operating Segments | Teekay LNG | Liquefied Gas Carriers      
Disaggregation of Revenue [Line Items]      
Revenues 591,103 594,514 478,439
Operating Segments | Teekay LNG | Liquefied Gas Carriers | Time charters      
Disaggregation of Revenue [Line Items]      
Revenues 543,408 533,294 420,262
Operating Segments | Teekay LNG | Liquefied Gas Carriers | Voyage charters      
Disaggregation of Revenue [Line Items]      
Revenues 38,687 36,351 23,922
Operating Segments | Teekay LNG | Liquefied Gas Carriers | Bareboat charters      
Disaggregation of Revenue [Line Items]      
Revenues   18,387 23,820
Operating Segments | Teekay LNG | Liquefied Gas Carriers | FPSO      
Disaggregation of Revenue [Line Items]      
Revenues 0 0 0
Operating Segments | Teekay LNG | Liquefied Gas Carriers | Management fees and other      
Disaggregation of Revenue [Line Items]      
Revenues 9,008 6,482 10,435
Operating Segments | Teekay LNG | Conventional Tankers      
Disaggregation of Revenue [Line Items]      
Revenues 0 6,742 32,323
Operating Segments | Teekay LNG | Conventional Tankers | Time charters      
Disaggregation of Revenue [Line Items]      
Revenues 0 6,742 17,405
Operating Segments | Teekay LNG | Conventional Tankers | Voyage charters      
Disaggregation of Revenue [Line Items]      
Revenues 0 0 14,591
Operating Segments | Teekay LNG | Conventional Tankers | Bareboat charters      
Disaggregation of Revenue [Line Items]      
Revenues   0 0
Operating Segments | Teekay LNG | Conventional Tankers | FPSO      
Disaggregation of Revenue [Line Items]      
Revenues 0 0 0
Operating Segments | Teekay LNG | Conventional Tankers | Management fees and other      
Disaggregation of Revenue [Line Items]      
Revenues 0 0 327
Operating Segments | Teekay Tankers | Conventional Tankers      
Disaggregation of Revenue [Line Items]      
Revenues 886,434 943,917 776,493
Operating Segments | Teekay Tankers | Conventional Tankers | Time charters      
Disaggregation of Revenue [Line Items]      
Revenues 127,598 17,495 59,976
Operating Segments | Teekay Tankers | Conventional Tankers | Voyage charters      
Disaggregation of Revenue [Line Items]      
Revenues 741,804 881,603 671,928
Operating Segments | Teekay Tankers | Conventional Tankers | Bareboat charters      
Disaggregation of Revenue [Line Items]      
Revenues   0 0
Operating Segments | Teekay Tankers | Conventional Tankers | FPSO      
Disaggregation of Revenue [Line Items]      
Revenues 0 0 0
Operating Segments | Teekay Tankers | Conventional Tankers | Management fees and other      
Disaggregation of Revenue [Line Items]      
Revenues 17,032 44,819 44,589
Operating Segments | Teekay Parent      
Disaggregation of Revenue [Line Items]      
Revenues 338,135 413,806 451,659
Operating Segments | Teekay Parent | Offshore Production      
Disaggregation of Revenue [Line Items]      
Revenues 108,952 210,816 261,736
Operating Segments | Teekay Parent | Offshore Production | Time charters      
Disaggregation of Revenue [Line Items]      
Revenues 0 0 0
Operating Segments | Teekay Parent | Offshore Production | Voyage charters      
Disaggregation of Revenue [Line Items]      
Revenues 0 0 0
Operating Segments | Teekay Parent | Offshore Production | Bareboat charters      
Disaggregation of Revenue [Line Items]      
Revenues   0 0
Operating Segments | Teekay Parent | Offshore Production | FPSO      
Disaggregation of Revenue [Line Items]      
Revenues 108,952 210,816 261,736
Operating Segments | Teekay Parent | Offshore Production | Management fees and other      
Disaggregation of Revenue [Line Items]      
Revenues 0 0 0
Operating Segments | Teekay Parent | Other      
Disaggregation of Revenue [Line Items]      
Revenues 229,183 202,990 189,923
Operating Segments | Teekay Parent | Other | Time charters      
Disaggregation of Revenue [Line Items]      
Revenues 17,152 33,961 33,737
Operating Segments | Teekay Parent | Other | Voyage charters      
Disaggregation of Revenue [Line Items]      
Revenues 0 0 0
Operating Segments | Teekay Parent | Other | Bareboat charters      
Disaggregation of Revenue [Line Items]      
Revenues   0 0
Operating Segments | Teekay Parent | Other | FPSO      
Disaggregation of Revenue [Line Items]      
Revenues 0 0 0
Operating Segments | Teekay Parent | Other | Management fees and other      
Disaggregation of Revenue [Line Items]      
Revenues 212,031 169,029 156,186
Intersegment Eliminations      
Disaggregation of Revenue [Line Items]      
Revenues 0 (13,588) (10,426)
Intersegment Eliminations | Time charters      
Disaggregation of Revenue [Line Items]      
Revenues 0 (11,562) (9,418)
Intersegment Eliminations | Voyage charters      
Disaggregation of Revenue [Line Items]      
Revenues 0 0 0
Intersegment Eliminations | Bareboat charters      
Disaggregation of Revenue [Line Items]      
Revenues   0 729
Intersegment Eliminations | FPSO      
Disaggregation of Revenue [Line Items]      
Revenues 0 0 0
Intersegment Eliminations | Management fees and other      
Disaggregation of Revenue [Line Items]      
Revenues 0 (2,026) (1,737)
Intersegment Eliminations | Teekay LNG | Liquefied Gas Carriers      
Disaggregation of Revenue [Line Items]      
Revenues 0 11,562 9,418
Intersegment Eliminations | Teekay Tankers | Conventional Tankers      
Disaggregation of Revenue [Line Items]      
Revenues $ 0 $ (1,979) $ (1,689)