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Unaudited Consolidated Statements of (Loss) Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues (note 8) $ 284,464 $ 311,234 $ 591,172 $ 576,217
Voyage expenses (17,588) (20,716) (35,932) (43,233)
Vessel operating expenses (note 8) (90,761) (94,823) (186,113) (174,390)
Time-charter hire expenses (18,829) (10,762) (34,151) (17,745)
Depreciation and amortization (74,057) (71,803) (148,979) (129,797)
General and administrative (notes 8 and 13) (13,821) (16,083) (28,290) (31,102)
(Write down) and gain on sale of vessels (note 14) (43,650) (500) (43,650) (14,353)
Restructuring charge (note 7) (1,487) (135) (1,487) (135)
Income from vessel operations 24,271 96,412 112,570 165,462
Interest expense (notes 6, 8 and 9) (33,347) (31,380) (69,373) (56,179)
Interest income 293 141 697 276
Realized and unrealized (losses) gains on derivative instruments (note 9) (62,037) 49,729 (122,527) (13,079)
Equity income 3,626 9,720 8,909 13,811
Foreign currency exchange loss (note 9) (13,087) (1,739) (15,925) (6,383)
Other (expense) income - net (notes 4 and 11d) (21,286) 385 (21,277) 639
(Loss) income before income tax recovery (101,567) 123,268 (106,926) 104,547
Income tax recovery (note 10) 1,438 111 4,274 190
Net (loss) income (100,129) 123,379 (102,652) 104,737
Non-controlling interests in net (loss) income 2,496 3,638 4,384 7,636
Preferred unitholders' interest in net (loss) income (note 12) 10,314 4,791 21,063 7,510
General Partner’s interest in net (loss) income (2,260) 6,153 (2,563) 9,917
Limited partners' interest in net (loss) income $ (110,679) $ 93,282 $ (125,536) $ 69,573
Limited partner's interest in net (loss) income per common unit        
- basic (note 12) (usd per share) $ (1.18) $ 1.01 $ (1.32) $ 0.75
- diluted (note 12) (usd per share) $ (1.18) $ 1.01 $ (1.32) $ 0.75
Weighted-average number of common units outstanding:        
- basic (shares) 107,794,323 92,413,598 107,424,853 92,402,772
- diluted (shares) 107,794,323 92,457,480 107,424,853 92,470,600
Cash distributions declared per unit $ 0.11 $ 0.5384 $ 0.22 $ 1.0768
Dropdown Predecessor [Member]        
Net (loss) income $ 0 $ 15,515 $ 0 $ 10,101