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Segment Reporting
6 Months Ended
Jun. 30, 2018
Segment Reporting [Abstract]  
Segment Reporting
Segment Reporting

The following tables include results for the Partnership’s FPSO unit segment; shuttle tanker segment; floating storage and off-take (or FSO) unit segment; Units for Maintenance and Safety (or UMS) segment; towage segment; and conventional tanker segment for the periods presented in these consolidated financial statements.
Three Months Ended June 30, 2018
FPSO Segment

Shuttle Tanker Segment

FSO
Segment

UMS Segment

Towage
Segment

Conventional Tanker Segment

Eliminations

Total
Revenues
124,053

 
142,047

 
33,840

 

 
15,510

 
4,904

 

 
320,354

Voyage expenses

 
(26,951
)
 
(202
)
 
(4
)
 
(6,290
)
 
(3,039
)
 

 
(36,486
)
Vessel operating expenses
(55,040
)
 
(37,982
)
 
(10,360
)
 
(893
)
 
(6,023
)
 

 

 
(110,298
)
Time-charter hire expenses

 
(9,277
)
 

 

 

 
(4,187
)
 

 
(13,464
)
Depreciation and amortization
(37,179
)
 
(39,840
)
 
(11,643
)
 
(1,653
)
 
(5,125
)
 

 

 
(95,440
)
General and administrative(1)
(8,140
)
 
(6,849
)
 
(351
)
 
(1,311
)
 
(1,149
)
 
(90
)
 

 
(17,890
)
(Write-down) and gain on sale of vessels
(180,200
)
 
1,405

 

 

 

 

 

 
(178,795
)
(Loss) income from vessel operations
(156,506
)
 
22,553

 
11,284

 
(3,861
)
 
(3,077
)
 
(2,412
)
 

 
(132,019
)
Three Months Ended June 30, 2017
FPSO Segment
 
Shuttle Tanker Segment
 
FSO
Segment
 
UMS Segment
 
Towage
Segment
 
Conventional Tanker Segment
 
Eliminations
 
Total
Revenues
110,247

 
132,964

 
10,798

 
3,089

 
4,229

 
3,465

 

 
264,792

Voyage expenses

 
(17,319
)
 
(430
)
 

 
(2,409
)
 
(38
)
 

 
(20,196
)
Vessel operating expenses
(35,079
)
 
(28,410
)
 
(4,693
)
 
(17,333
)
 
(4,190
)
 

 

 
(89,705
)
Time-charter hire expenses

 
(15,387
)
 

 

 

 
(4,120
)
 

 
(19,507
)
Depreciation and amortization
(36,497
)
 
(30,049
)
 
(2,588
)
 
(1,634
)
 
(3,519
)
 

 

 
(74,287
)
General and administrative(1)
(7,070
)
 
(3,506
)
 
(409
)
 
(1,172
)
 
(1,132
)
 
(90
)
 

 
(13,379
)
Write-down of vessels

 

 
(1,500
)
 

 

 

 

 
(1,500
)
Income (loss) from vessel operations
31,601

 
38,293

 
1,178

 
(17,050
)
 
(7,021
)
 
(783
)
 

 
46,218

Six Months Ended June 30, 2018
FPSO Segment

Shuttle Tanker Segment

FSO
Segment

UMS Segment

Towage
Segment

Conventional Tanker Segment

Eliminations(2)

Total
Revenues 
258,291

 
285,903

 
67,237

 

 
23,121

 
9,921

 
(920
)
 
643,553

Voyage expenses

 
(53,838
)
 
(365
)
 
(35
)
 
(11,086
)
 
(6,350
)
 
182

 
(71,492
)
Vessel operating expenses
(110,719
)
 
(78,005
)
 
(21,175
)
 
(2,405
)
 
(13,492
)
 

 
116

 
(225,680
)
Time-charter hire expenses

 
(17,879
)
 

 

 

 
(8,312
)
 

 
(26,191
)
Depreciation and amortization
(72,013
)
 
(81,202
)
 
(23,284
)
 
(3,306
)
 
(10,043
)
 

 
104

 
(189,744
)
General and administrative(1)
(17,331
)
 
(12,755
)
 
(1,095
)
 
(2,429
)
 
(1,886
)
 
(180
)
 

 
(35,676
)
(Write-down) and gain on sale of vessels
(180,200
)
 
(27,091
)
 

 

 

 

 

 
(207,291
)
(Loss) income from vessel operations
(121,972
)
 
15,133

 
21,318

 
(8,175
)
 
(13,386
)
 
(4,921
)
 
(518
)
 
(112,521
)

Six Months Ended June 30, 2017
FPSO Segment

Shuttle Tanker Segment

FSO
Segment

UMS Segment

Towage
Segment

Conventional Tanker Segment

Eliminations

Total
Revenues
223,102


269,197


22,287


3,916


15,127


7,301




540,930

Voyage expenses


(38,597
)

(755
)



(5,919
)

(66
)



(45,337
)
Vessel operating (expenses) recoveries
(70,172
)

(55,839
)

(9,772
)

(23,818
)

(9,104
)

10




(168,695
)
Time-charter hire expenses


(32,085
)





(925
)

(8,253
)



(41,263
)
Depreciation and amortization
(72,999
)

(60,662
)

(5,140
)

(3,267
)

(6,945
)





(149,013
)
General and administrative(1)
(14,900
)

(6,649
)

(910
)

(3,164
)

(2,193
)

(180
)



(27,996
)
Write-down of vessels




(1,500
)









(1,500
)
Restructuring charge
(450
)













(450
)
Income (loss) from vessel operations
64,581


75,365


4,210


(26,333
)

(9,959
)

(1,188
)



106,676


(1)
Includes direct general and administrative expenses and indirect general and administrative expenses (allocated to each segment based on estimated use of corporate resources).
(2)
Includes revenues and expenses earned and incurred between segments of the Partnership during the six months ended June 30, 2018.
A reconciliation of total segment assets to total assets presented in the accompanying consolidated balance sheets is as follows:
 
June 30, 2018
 
December 31, 2017
 
$
 
$
FPSO segment
2,338,302

 
2,506,660

Shuttle tanker segment
1,718,549

 
1,765,664

FSO segment
485,646

 
516,567

UMS segment
188,175

 
190,440

Towage segment
424,377

 
398,610

Conventional tanker segment
3,804

 
3,360

Unallocated:
 
 
 
Cash and cash equivalents and restricted cash
253,627

 
250,294

Other assets
13,183

 
6,200

Consolidated total assets
5,425,663

 
5,637,795