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v3.23.1

Obligations Related to Finance Leases (Details) $ in Thousands |  |  | 1 Months Ended | 12 Months Ended |  |
--- | --- | --- | --- | --- | --- | ---
Mar. 15, 2023 vessel | Jan. 31, 2023 USD ($) | Feb. 28, 2023 vessel | Jan. 31, 2023 USD ($) vessel | Apr. 30, 2022 USD ($) | Mar. 31, 2022 USD ($) | Dec. 31, 2022 USD ($) lessor vessel | Mar. 31, 2023 USD ($) | Dec. 31, 2021 USD ($)
Capital Leased Assets [Line Items] |  |  |  |  |  |  |  |  |
Finance Lease, Liability, Current |  |  |  |  |  |  | $ 60,161 |  | $ 27,032
Finance Lease, Liability, Noncurrent |  |  |  |  |  |  | 472,599 |  | 267,449
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net |  |  |  |  |  |  | 0 |  | 8,605
Teekay Tankers |  |  |  |  |  |  |  |  |
Capital Leased Assets [Line Items] |  |  |  |  |  |  |  |  |
Finance Lease, Liability |  |  |  |  |  |  | 532,760 |  | 294,481
Finance Lease, Liability, Current |  |  |  |  |  |  | 60,161 |  | 27,032
Finance Lease, Liability, Noncurrent |  |  |  |  |  |  | $ 472,599 |  | 267,449
Number of vessels obligated to purchase under sales-type lease | vessel |  |  |  |  |  |  | 9 |  |
Finance Lease Liability, Gross |  |  |  |  |  |  | $ 536,480 |  | $ 295,828
Finance Lease, Weighted Average Discount Rate, Percent |  |  |  |  |  |  | 7.20% |  | 4.80%
Teekay Tankers | Sale-Leaseback Transaction |  |  |  |  |  |  |  |  |
Capital Leased Assets [Line Items] |  |  |  |  |  |  |  |  |
Number of Lessors | lessor |  |  |  |  |  |  | 27 |  |
Teekay Tankers | March 2022 Sale Leaseback |  |  |  |  |  |  |  |  |
Capital Leased Assets [Line Items] |  |  |  |  |  |  |  |  |
Number of vessels | vessel |  |  |  |  |  |  | 8 |  |
Sale Leaseback Transaction, Net Proceeds |  |  |  |  |  | $ 177,300 |  |  |
Teekay Tankers | April 2022 Sale Leaseback |  |  |  |  |  |  |  |  |
Capital Leased Assets [Line Items] |  |  |  |  |  |  |  |  |
Number of vessels | vessel |  |  |  |  |  |  | 5 |  |
Sale Leaseback Transaction, Net Proceeds |  |  |  |  | $ 114,000 |  |  |  |
Teekay Tankers | January 2023 Sale Leaseback | Subsequent Events |  |  |  |  |  |  |  |  |
Capital Leased Assets [Line Items] |  |  |  |  |  |  |  |  |
Sale Leaseback Transaction, Total Cost |  | $ 164,300 |  | $ 164,300 |  |  |  |  |
Teekay Tankers | March 2023 Sale Leaseback | Subsequent Events |  |  |  |  |  |  |  |  |
Capital Leased Assets [Line Items] |  |  |  |  |  |  |  |  |
Sale Leaseback Transaction, Expected Cost of Repurchase |  |  |  |  |  |  |  | $ 142,800 |
Teekay Tankers | Finance Lease Obligations [Member] |  |  |  |  |  |  |  |  |
Capital Leased Assets [Line Items] |  |  |  |  |  |  |  |  |
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net |  |  |  |  |  |  | $ (3,720) |  | $ (1,347)
Teekay Tankers | Variable Interest Entity, Primary Beneficiary [Member] | Sale-Leaseback Transaction |  |  |  |  |  |  |  |  |
Capital Leased Assets [Line Items] |  |  |  |  |  |  |  |  |
Number of Lessors | lessor |  |  |  |  |  |  | 6 |  |
suezmax vessels | Teekay Tankers | January 2023 Sale Leaseback | Subsequent Events |  |  |  |  |  |  |  |  |
Capital Leased Assets [Line Items] |  |  |  |  |  |  |  |  |
Number of vessels acquired | vessel |  |  |  | 1 |  |  |  |  |
LR2 and Aframax Tankers | Teekay Tankers | January 2023 Sale Leaseback | Subsequent Events |  |  |  |  |  |  |  |  |
Capital Leased Assets [Line Items] |  |  |  |  |  |  |  |  |
Number of vessels acquired | vessel |  |  |  | 8 |  |  |  |  |
LR2 and Aframax Tankers | Teekay Tankers | March 2023 Sale Leaseback | Subsequent Events |  |  |  |  |  |  |  |  |
Capital Leased Assets [Line Items] |  |  |  |  |  |  |  |  |
Number Of Vessels To Be Purchased | vessel | 1 |  |  |  |  |  |  |  |
Suezmax, Aframax and LR2 Vessels | Teekay Tankers |  |  |  |  |  |  |  |  |
Capital Leased Assets [Line Items] |  |  |  |  |  |  |  |  |
Number of Vessels with Purchase Option | vessel |  |  |  |  |  |  | 15 |  |
Approximate capital leases future minimum payments due |  |  |  |  |  |  | $ 695,200 |  | 364,600
Finance Lease, Liability, Undiscounted Excess Amount |  |  |  |  |  |  | $ 158,700 |  | $ 68,800
Suezmax, Aframax and LR2 Vessels | Teekay Tankers | Subsequent Events |  |  |  |  |  |  |  |  |
Capital Leased Assets [Line Items] |  |  |  |  |  |  |  |  |
Number Of Vessels To Be Purchased | vessel |  |  | 19 |  |  |  |  |  |
Suezmax, Aframax and LR2 Vessels | Teekay Tankers | January 2023 Sale Leaseback | Subsequent Events |  |  |  |  |  |  |  |  |
Capital Leased Assets [Line Items] |  |  |  |  |  |  |  |  |
Number of vessels acquired | vessel |  |  |  | 9 |  |  |  |  |
Suezmax, Aframax and LR2 Vessels | Teekay Tankers | March 2023 Sale Leaseback | Subsequent Events |  |  |  |  |  |  |  |  |
Capital Leased Assets [Line Items] |  |  |  |  |  |  |  |  |
Number Of Vessels To Be Purchased | vessel | 6 |  |  |  |  |  |  |  |
Suezmax Tanker | Teekay Tankers | January 2023 Sale Leaseback | Subsequent Events |  |  |  |  |  |  |  |  |
Capital Leased Assets [Line Items] |  |  |  |  |  |  |  |  |
Number of vessels acquired | vessel |  |  |  | 1 |  |  |  |  |
Suezmax Tanker | Teekay Tankers | March 2023 Sale Leaseback | Subsequent Events |  |  |  |  |  |  |  |  |
Capital Leased Assets [Line Items] |  |  |  |  |  |  |  |  |
Number Of Vessels To Be Purchased | vessel | 5 |  |  |  |  |  |  |  |
Maximum | Teekay Tankers |  |  |  |  |  |  |  |  |
Capital Leased Assets [Line Items] |  |  |  |  |  |  |  |  |
Sale Leaseback Transaction, Lease Terms |  |  |  |  |  |  | 12 |  |
Maximum | Teekay Tankers | November 2021 Sale Leaseback |  |  |  |  |  |  |  |  |
Capital Leased Assets [Line Items] |  |  |  |  |  |  |  |  |
Actual hull coverage ratio |  |  |  |  |  |  |  |  | 140.00%
Minimum | Teekay Tankers |  |  |  |  |  |  |  |  |
Capital Leased Assets [Line Items] |  |  |  |  |  |  |  |  |
Sale Leaseback Transaction, Lease Terms |  |  |  |  |  |  | six |  |
Minimum | Teekay Tankers | November 2021 Sale Leaseback |  |  |  |  |  |  |  |  |
Capital Leased Assets [Line Items] |  |  |  |  |  |  |  |  |
Actual hull coverage ratio |  |  |  |  |  |  |  |  | 13200.00%

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