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Summary of Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2021
Accounting Policies [Abstract] |
Net Income of Consolidated Partially-Owned Entities and Attribution of Net Income to Controlling and Non-controlling Interests | The total net income (loss) of Teekay’s consolidated partially-owned entities and the attribution of that net income (loss) to controlling and non-controlling interests is as follows:
| Net (loss) income attributable to non-controlling interests |  | Controlling Interest |  | Net income (loss) of consolidated partially-owned entities (1)
| Non-public partially-owned subsidiaries |  | Preferred unit-holders |  | Distri- buted Earnings |  | Undistri- buted Earnings (Loss) |  | Total Non-Controlling Interest |  | Distri- buted Earnings |  | Undistri- buted Earnings (Loss) |  | Total Controlling Interest (Teekay) |
Seapeak (2) | 12,900 |  |  | 25,702 |  |  | — |  |  | 125,016 |  |  | 163,618 |  |  | — |  |  | 91,930 |  |  | 91,930 |  |  | 255,548 |
Teekay Tankers | — |  |  | — |  |  | — |  |  | (174,787) |  |  | (174,787) |  |  | — |  |  | (67,585) |  |  | (67,585) |  |  | (242,372) |
Other entities and eliminations | — |  |  | — |  |  | — |  |  | — |  |  | (5) |  |  |  |  |  |  |  |  |
For the Year Ended December 31, 2021 | 12,900 |  |  | 25,702 |  |  | — |  |  | (49,771) |  |  | (11,174) |  |  |  |  |  |  |  |  |
Seapeak (2) | 9,955 |  |  | 25,702 |  |  | — |  |  | 32,816 |  |  | 68,473 |  |  | — |  |  | 28,839 |  |  | 28,839 |  |  | 97,312 |
Teekay Tankers | — |  |  | — |  |  | — |  |  | 105,455 |  |  | 105,455 |  |  | — |  |  | (18,138) |  |  | (18,138) |  |  | 87,317 |
Other entities and eliminations | — |  |  | — |  |  | — |  |  | — |  |  | (13) |  |  |  |  |  |  |  |  |
For the Year End December 31, 2020 | 9,955 |  |  | 25,702 |  |  | — |  |  | 138,271 |  |  | 173,915 |  |  |  |  |  |  |  |  |
Seapeak (2) | 11,814 |  |  | 25,702 |  |  | 40,138 |  |  | 36,007 |  |  | 113,661 |  |  | 20,368 |  |  | 30,575 |  |  | 50,943 |  |  | 164,604 |
Teekay Tankers | — |  |  | — |  |  | — |  |  | 47,887 |  |  | 47,887 |  |  | — |  |  | (6,525) |  |  | (6,525) |  |  | 41,362 |
Other entities and eliminations | — |  |  | — |  |  | — |  |  | — |  |  | 43 |  |  |  |  |  |  |  |  |
For the Year Ended December 31, 2019 | 11,814 |  |  | 25,702 |  |  | 40,138 |  |  | 83,894 |  |  | 161,591 |  |  |  |  |  |  |  |  |
(1)Includes earnings attributable to common and preferred shares. (2)Seapeak forms part of discontinued operations as at December 31, 2021.
Summary of Capitalized Dry Docking Costs | The following table summarizes the change in the Company’s capitalized dry-docking costs from January 1, 2019 to December 31, 2021:
| Year Ended December 31,
| 2021 $ |  | 2020 $ |  | 2019 $
Balance at the beginning of the year | 67,527 |  | 71,807 |  | 56,019
Costs incurred for dry dockings | 23,042 |  | 28,546 |  | 45,371
Dry-dock amortization | (27,123) |  | (27,851) |  | (26,682)
Write-down / sales of vessels | (532) |  | (4,975) |  | (2,901)
Balance at the end of the year | 62,914 |  | 67,527 |  | 71,807
Schedule of Accumulated Other Comprehensive Income (Loss) | The following table contains the changes in the balances of each component of accumulated other comprehensive loss attributable to shareholders of Teekay for the periods presented.
| Pension Adjustments Relating to Continuing Operations $ |  | Qualifying Cash Flow Hedging Instruments Related to Discontinued Operations $ |  | Total $
Balance as of December 31, 2018 | (3,176) |  | 903 |  | (2,273)
Other comprehensive loss and other | (1,153) |  | (20,311) |  | (21,464)
Balance as of December 31, 2019 | (4,329) |  | (19,408) |  | (23,737)
Other comprehensive loss and other | (548) |  | (15,259) |  | (15,807)
Changes to non-controlling interest in AOCI from equity contributions | — |  | (9,339) |  | (9,339)
Balance as of December 31, 2020 | (4,877) |  | (44,006) |  | (48,883)
Other comprehensive income and other | 1,881 |  | 21,474 |  | 23,355
Changes to non-controlling interest in AOCI from equity contributions | — |  | 18 |  | 18
Balance as of December 31, 2021 | (2,996) |  | (22,514) |  | (25,510)

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