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Revenue (Tables)
12 Months Ended
Dec. 31, 2019
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
The following tables contain the Partnership's revenue for the year ended December 31, 2019, 2018 and 2017, by contract type and by segment.
 
Year Ended December 31, 2019
 
Liquefied 
Natural Gas
Segment
$
 
Liquefied 
Petroleum Gas
Segment
$
 
Conventional
Tanker
Segment
$
 
Total
$
Time charters
530,434


2,860


6,742


540,036

Voyage charters


36,351




36,351

Bareboat charters
18,387






18,387

Management fees and other income
6,482






6,482

 
555,303


39,211


6,742


601,256

 
Year Ended December 31, 2018
 
Liquefied 
Natural Gas
Segment
$
 
Liquefied 
Petroleum Gas
Segment
$
 
Conventional
Tanker
Segment
$
 
Total
$
Time charters
420,262

 

 
17,405

 
437,667

Voyage charters

 
23,922

 
14,591

 
38,513

Bareboat charters
23,820

 

 

 
23,820

Management fees and other income
10,435

 

 
327

 
10,762

 
454,517

 
23,922

 
32,323

 
510,762

 
Year Ended December 31, 2017
 
Liquefied 
Natural Gas
Segment
$
 
Liquefied 
Petroleum Gas
Segment
$
 
Conventional
Tanker
Segment
$
 
Total
$
Time charters
332,751

 


39,171


371,922

Voyage charters

 
2,285


6,709


8,994

Bareboat charters
22,574

 
17,484




40,058

Management fees and other income
10,589

 


1,113


11,702

 
365,914

 
19,769


46,993


432,676

The following table contains the Partnership’s total revenue for the years ended December 31, 2019, 2018 and 2017, by contracts or components of contracts accounted for as leases and those not accounted for as leases:
 
 
Year Ended December 31, 2019
$
  
Year Ended December 31, 2018
$
  
Year Ended December 31, 2017
$
Lease revenue
 
 
 
 
 
 
Lease revenue from lease payments of operating leases
 
516,772


440,963


351,119

Interest income on lease receivables
 
51,676


41,963


49,275

Variable lease payments – cost reimbursements(1)
 
4,635





Variable lease payments – other(2)
 


(1,480
)

(648
)
 
 
573,083

 
481,446

 
399,746

Non-lease revenue
 
 
 
 
 
 
Non-lease revenue – related to sales-type or direct financing leases
 
21,691


18,554


21,228

Management fees and other income
 
6,482


10,762


11,702

 
 
28,173

 
29,316

 
32,930

Total
 
601,256

 
510,762

 
432,676


(1)
Reimbursements for vessel operating expenditures and dry-docking expenditures received from the Partnership's customers relating to such costs incurred by the Partnership to operate the vessel for the customer pursuant to charters accounted for as operating leases.
(2)
Payments to charterer from time-charter contracts based on the base daily hire amount being in excess of spot market rates.
Schedule of Capital Leased Assets
The following table lists the components of the net investments in direct financing and sales-type leases:
 
 
December 31,
2019
$
 
December 31,
2018
$
Total lease payments to be received
 
1,115,968

 
897,130

Estimated unguaranteed residual value of leased properties
 
284,277

 
291,098

Initial direct costs
 
296

 
329

Less unearned revenue
 
(581,732
)
 
(613,394
)
   Total net investments in direct financing and sales-type leases
 
818,809

 
575,163

Less current portion
 
(273,986
)
 
(12,635
)
Net investments in direct financing and sales-type leases
 
544,823

 
562,528