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Financial Instruments (Tables)
 12 Months Ended
Dec. 31, 2016
Fair Value Disclosures [Abstract]  
Changes in Fair Value for Partnership's Contingent Consideration Liability Measured Recurring Basis Using Significant Unobservable Inputs (Level 3)
Changes in the estimated fair value of the Partnership’s contingent consideration liability relating to the acquisition of Logitel, which is measured at fair value on a recurring basis using significant unobservable inputs (Level 3), during the years ended December 31, 2015 and 2014, is as follows:

 
 
Year Ended
December 31, 2016
$
 
Year Ended
December 31, 2015
$
 
Year Ended
December 31, 2014
$
Balance at beginning of period
 
(14,830
)
 
(21,448
)
 
—

Acquisition of Logitel
 
—

 
2,569

 
(21,170
)
Settlement of liability
 
—

 
3,540

 
—

Gain included in Other (expense) income - net
 
14,830

 
509

 
(278
)
Balance at end of period
 
—

 
(14,830
)
 
(21,448
)
Estimated Fair Value of Financial Instruments Measured at Fair Value on Recurring Basis
The following table includes the estimated fair value and carrying value of those assets and liabilities that are measured at fair value on a recurring and non-recurring basis, as well as the estimated fair value of the Partnership’s financial instruments that are not accounted for at fair value on a recurring basis:
 
 
 
 
December 31, 2016
 
December 31, 2015
 
 
Fair Value Hierarchy Level
 
Carrying Amount
Asset (Liability)
$
 
Fair Value Asset (Liability)
$
 
Carrying Amount
Asset (Liability)
$
 
Fair Value Asset (Liability)
$
Recurring:
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents and restricted cash
 
Level 1
 
342,287


342,287


318,993


318,993

Logitel contingent consideration (see above)
 
Level 3
 
—


—


(14,830
)

(14,830
)
Derivatives instruments (note 12)
 
 
 
 
 
 
 
 
 
 
Interest rate swap agreements
 
Level 2
 
(203,106
)

(203,106
)

(235,998
)

(235,998
)
Cross currency swap agreement
 
Level 2
 
(137,379
)

(137,379
)

(183,327
)

(183,327
)
Foreign currency forward contracts
 
Level 2
 
(1,786
)

(1,786
)

(11,509
)

(11,509
)
 
 
 
 
 
 
 
 
 
 
 
Non-Recurring:
 
 
 
 
 
 
 
 
 
 
Vessels held for sale (note 19)
 
Level 2
 
6,900

 
6,900

 
55,450

 
55,450

Vessels and equipment (note 19)
 
Level 2
 
11,300

 
11,300

 
100,600

 
100,600

Other:
 
 
 
 
 
 
 
 
 
 
Long-term debt - public (note 8)
 
Level 1
 
(550,525
)

(480,710
)

(620,746
)

(473,729
)
Long-term debt - non-public (note 8)
 
Level 2
 
(2,632,369
)

(2,551,697
)

(2,743,128
)

(2,783,597
)
Summary of Partnership's Financing Receivables
The following table contains a summary of the Partnership’s financing receivables by type of borrower and the method by which the Partnership monitors the credit quality of its financing receivables on a quarterly basis:

 
 
Credit Quality Indicator
 
Grade
 
Year Ended
December 31, 2016
$
 
Year Ended
December 31, 2015
$
Direct financing leases
 
Payment activity
 
Performing
 
17,586

 
17,471