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Segment Reporting (Tables)
 12 Months Ended
Dec. 31, 2016
Segment Reporting [Abstract]  
Revenues and Percentage of Consolidated Revenues
The following table presents revenues and percentage of consolidated revenues for customers that accounted for more than 10% of the Partnership’s consolidated revenues from continuing operations during the periods presented.

(U.S. Dollars in millions)
 
Year Ended
December 31,2016
 
Year Ended
December 31, 2015
 
Year Ended
December 31, 2014
Royal Dutch Shell Plc (1)(2)
 
$349.0 or 30%
 
$315.3 or 26%
 
—  (6)
Petroleo Brasileiro S.A.(1)
 
$222.0 or 19%
 
$224.6 or 18%
 
$228.1 or 22%
Premier Oil (3)(4)
 
$113.5 or 10%
 
$129.2 or 11%
 
$120.2 or 12%
Statoil ASA (5)
 
—  (6)
 
$132.7 or 11%
 
$194.3 or 19%
Repsol S.A.(3)
 
—  (6)
 
—  (6)
 
$112.6 or 11%
(1)
Shuttle tanker and FPSO segments.
(2)
In February 2016, Royal Dutch Shell Plc acquired BG Group Plc, therefore the amount in the table for 2016 includes revenues from both Royal Dutch Shell Plc and BG Group Plc.
(3)
FPSO segment.
(4)
In April 2016, Premier Oil acquired E.ON's UK North Sea assets where the Voyageur Spirit FSPO operates. Revenues up to April 2016 are attributable to E.ON.
(5)
Shuttle tanker segment.
(6)
Percentage of consolidated revenue was less than 10%
Segment Results as Presented in Consolidated Financial Statements
The following tables include results for the Partnership’s FPSO unit segment, shuttle tanker segment, FSO unit segment, UMS segment, towage segment and conventional tanker segment for the periods presented in these consolidated financial statements.
Year ended December 31, 2016
 
FPSO Segment

Shuttle Tanker Segment

FSO Segment

UMS Segment

Towage Segment

Conventional Tanker Segment

Total
Revenues (1)
 
495,223


509,596


54,440


34,433


37,952


20,746


1,152,390

Voyage expenses
 
—


(62,846
)

(1,517
)

—


(15,024
)

(1,363
)

(80,750
)
Vessel operating expenses
 
(165,346
)

(123,950
)

(23,167
)

(32,888
)

(17,524
)

(1,566
)

(364,441
)
Time-charter hire expenses
 
—


(62,511
)

—


—


—


(12,974
)

(75,485
)
Depreciation and amortization
 
(149,198
)

(122,822
)

(9,311
)

(6,660
)

(12,020
)

—


(300,011
)
General and administrative (2)
 
(35,971
)

(10,160
)

(836
)

(5,495
)

(3,307
)

(353
)

(56,122
)
Gain on sale and (write-down) of vessels
 
—


4,554


(983
)

(43,650
)

—


—


(40,079
)
Restructuring charge
 
(4,444
)

(205
)

—


—


—


—


(4,649
)
Income (loss) from vessel operations
 
140,264


131,656


18,626


(54,260
)

(9,923
)

4,490


230,853

Equity income
 
17,933


—


—


—


—


—


17,933

Investment in joint ventures
 
141,819


—


—


—


—


—


141,819

Expenditures for vessels and equipment, including advances on newbuilding contracts and conversion costs
 
66,234


40,584


101,347


9,742


76,674


—


294,581

Expenditures for dry docking
 
—


19,105


5,139


—


799


—

25,043

Year ended December 31, 2015
 
FPSO Segment

Shuttle Tanker Segment

FSO Segment

UMS Segment

Towage Segment

Conventional Tanker Segment
 
Total
Revenues (1)
 
531,554


541,792


57,391


28,334


40,112


30,230


1,229,413

Voyage expenses
 
—


(82,777
)

(851
)

—


(12,052
)

(2,326
)

(98,006
)
Vessel operating expenses
 
(189,900
)

(128,156
)

(26,394
)

(13,876
)

(13,920
)

(6,234
)

(378,480
)
Time-charter hire expenses
 
—


(51,088
)

—


—


(662
)

—


(51,750
)
Depreciation and amortization
 
(137,914
)

(106,190
)

(11,775
)

(3,775
)

(8,362
)

(6,583
)

(274,599
)
General and administrative (2)(3)
 
(38,588
)

(22,884
)

(1,372
)

(4,109
)

(4,598
)

(1,062
)

(72,613
)
(Write-down) and gain on sale of vessels
 
—


(65,101
)

—


(1,000
)

—


(3,897
)

(69,998
)
Restructuring charge
 
—


(568
)

—


—


—


—


(568
)
Income from vessel operations
 
165,152


85,028


16,999


5,574


518


10,128


283,399

Equity income
 
7,672


—


—


—


—


—


7,672

Investment in joint ventures
 
77,647


—


—


—


—


—


77,647

Expenditures for vessels and equipment, including advances on newbuilding contracts and conversion costs (4)
 
116,473


26,980


94,317


183,364


243,436


97


664,667

Expenditures for dry docking
 
—


14,609


—


—


—


—


14,609


Year ended December 31, 2014
 
FPSO Segment

Shuttle Tanker Segment

FSO Segment

UMS Segment

Towage Segment

Conventional Tanker Segment

Total
Revenues
 
354,518


577,064


53,868


—


523


33,566


1,019,539

Voyage expenses
 
—


(105,562
)

(1,500
)

—


(105
)

(5,373
)

(112,540
)
Vessel operating expenses
 
(158,216
)

(159,438
)

(28,649
)

—


—


(5,906
)

(352,209
)
Time-charter hire expenses
 
—


(31,090
)

—


—


—


—


(31,090
)
Depreciation and amortization
 
(72,905
)

(110,686
)

(8,282
)

—


—


(6,680
)

(198,553
)
General and administrative (2)(3)
 
(27,406
)

(29,154
)

(3,870
)

(622
)

(4,328
)

(2,136
)

(67,516
)
(Write-down) and gain on sale of vessels
 
—


(1,638
)

—


—


—


—


(1,638
)
Restructuring recovery
 
—


225


—


—


—


—


225

Income (loss) from vessel operations (5)
 
95,991


139,721


11,567


(622
)

(3,910
)

13,471


256,218

Equity income
 
10,341


—


—


—


—


—


10,341

Investment in joint ventures
 
54,955


—


—


—


—


—


54,955

Expenditures for vessels and equipment, including advances on newbuilding contracts and conversion costs (6)
 
17,022


50,096


33,734


11,550


59,516


251


172,169

Expenditures for dry docking
 
—


22,552


11,560


—


—


2,109


36,221

(1)
Revenues for the year ended December 31, 2016, includes a $4.0 million early termination fee received from Teekay Corporation during 2016, which is included in the Partnership's conventional tanker segment (see notes 11i and 19).
Revenues for the year ended December 31, 2015, includes $1.8 million net early termination fees paid to Teekay Corporation during 2015, which is included in the Partnership's conventional tanker segment (see notes 11i and 19).
(2)
Includes direct general and administrative expenses and indirect general and administrative expenses (allocated to each segment based on estimated use of corporate resources).
(3)
General and administrative expenses for the year ended December 31, 2015 includes business development fees of $9.7 million, $2.2 million and $2.0 million to Teekay Corporation in connection with the acquisition of the Petrojarl Knarr FPSO unit in the FPSO segment, six long-distance towing and offshore installation vessels in the towage segment, and the Arendal Spirit UMS in the UMS segment, respectively (see notes 3 and 11l).
General and administrative expenses for the year ended December 31, 2014 includes a $1.0 million fee to a third party associated with the acquisition of ALP Maritime Services B.V. (or ALP), a $1.6 million business development fee to Teekay Corporation for assistance with the acquisition of ALP, both of which fees have been allocated to the Partnership’s towage segment, and also includes a $2.1 million fee to Teekay Corporation for assistance with securing a charter contract for the Petrojarl I FPSO unit (or Petrojarl I), which fee has been allocated to the Partnership’s FPSO segment (see notes 11l and 18a).
(4)
Excludes the purchase price of the Petrojarl Knarr FPSO unit (see note 3).
(5)
Income from vessel operations for the year ended December 31, 2014 excludes $3.1 million of the Voyageur Spirit FPSO unit indemnification payments received from Teekay Corporation relating to the production shortfall during the period from January 1, 2014 through February 21, 2014 and a further $0.4 million relating to unreimbursed vessel operating expenses incurred before the unit was declared on-hire as of February 22, 2014.
These indemnification payments received from Teekay Corporation have effectively been treated as a reduction to the purchase price of the Voyageur Spirit (see note 11c).
(6)
Excludes the vessel and equipment acquired in conjunction with the purchase of Logitel (note 18b) and the Petrojarl I (note 11f).
Reconciliation of Total Segment Assets to Total Assets Presented in Accompanying Consolidated Balance Sheets
A reconciliation of total segment assets to total assets presented in the accompanying consolidated balance sheets is as follows:

 
 
December 31, 2016
$
 
December 31, 2015
$
FPSO segment
 
2,672,100

 
2,717,193

Shuttle tanker segment
 
1,673,348

 
1,732,769

FSO segment
 
407,634

 
281,776

UMS segment
 
213,829

 
267,935

Towage segment
 
382,973

 
309,009

Conventional tanker segment
 
4,818

 
63,900

Unallocated:
 


 


Cash and cash equivalents and restricted cash
 
342,287

 
318,993

Other assets
 
21,631

 
52,591

Consolidated total assets
 
5,718,620


5,744,166