XML 128 R76.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Related Party Transactions and Balances - Additional Information (Details)
1 Months Ended 3 Months Ended 5 Months Ended 12 Months Ended
Jul. 02, 2018
USD ($)
Jan. 01, 2018
USD ($)
subsidiary
Sep. 25, 2017
USD ($)
Jul. 01, 2016
USD ($)
Jul. 31, 2018
USD ($)
Sep. 30, 2017
USD ($)
Jun. 30, 2015
tanker
Dec. 31, 2014
USD ($)
Mar. 31, 2018
USD ($)
May 19, 2019
USD ($)
Dec. 31, 2019
USD ($)
vessel
Dec. 31, 2018
USD ($)
vessel
Dec. 31, 2017
USD ($)
vessel
Mar. 31, 2019
USD ($)
Jun. 30, 2016
USD ($)
Related Party Transaction [Line Items]                              
Due from affiliates                     $ 0 $ 59,800,000      
Expenses from transactions with related party                     2,535,000 6,298,000 $ 32,346,000    
Due to affiliate                     20,000,000 183,800,000      
Interest expense                     46,744,000 38,695,000 25,882,000    
Long-term debt (note 8)                     2,825,712,000 2,543,406,000      
Petrojarl I FPSO                              
Related Party Transaction [Line Items]                              
Expenses from transactions with related party                     4,500,000        
Business acquisition, purchase price               $ 57,000,000              
Affiliated entity                              
Related Party Transaction [Line Items]                              
Guarantee fee                       5,800,000      
Construction of new shuttle tankers                              
Related Party Transaction [Line Items]                              
Operating lease arrangement period, lessor (in years)             15 years                
Number of vessels | tanker             3                
Newbuildings | Construction of new shuttle tankers                              
Related Party Transaction [Line Items]                              
Expenses from transactions with related party                     4,100,000        
2016 Teekay Corporation Promissory Note                              
Related Party Transaction [Line Items]                              
Due to affiliates       $ 200,000,000                      
Subordinated debt | 2016 Teekay Corporation Promissory Note                              
Related Party Transaction [Line Items]                              
Interest rate, percentage       10.00%                      
Interest payment date, period       6 months                      
Subordinated debt | Brookfield Promissory Note                              
Related Party Transaction [Line Items]                              
Due to affiliates     $ 200,000,000 $ 200,000,000                      
Interest rate, percentage     10.00%                        
Debt fair value                     163,600,000        
Interest expense                       10,000,000 5,300,000    
Debt instrument, face amount     $ 200,000,000                        
Bonds | Five-Year Senior Unsecured Bonds Maturing July 2023                              
Related Party Transaction [Line Items]                              
Interest rate, percentage 8.50%       8.50%                    
Interest expense                     38,500,000 21,000,000 $ 0    
Debt instrument, face amount $ 700,000,000.0       $ 700,000,000                    
Debt instrument term (in years) 5 years       5 years                    
Cash | Subordinated debt | 2016 Teekay Corporation Promissory Note                              
Related Party Transaction [Line Items]                              
Interest rate, percentage       5.00%                      
Cash Equivalents | Subordinated debt | 2016 Teekay Corporation Promissory Note                              
Related Party Transaction [Line Items]                              
Interest rate, percentage       5.00%                      
Teekay Corporation | 2016 Teekay Corporation Promissory Note | Affiliated entity                              
Related Party Transaction [Line Items]                              
Interest expense                       14,600,000      
Teekay Corporation | Cash | Subordinated debt | 2016 Teekay Corporation Promissory Note | Affiliated entity                              
Related Party Transaction [Line Items]                              
Interest expense                       9,600,000      
Teekay Corporation | Cash Equivalents | Subordinated debt | 2016 Teekay Corporation Promissory Note | Affiliated entity                              
Related Party Transaction [Line Items]                              
Interest expense                       1,700,000      
Samsung Heavy Industries Co., Ltd.                              
Related Party Transaction [Line Items]                              
Cumulative Project and Engineering Costs                   $ 1,800,000   1,100,000      
Financial Guarantee                              
Related Party Transaction [Line Items]                              
Maximum exposure                             $ 495,000,000
Revolving credit facility                              
Related Party Transaction [Line Items]                              
Revolving credit facilities borrowing capacity                 $ 125,000,000.0   513,200,000 523,100,000      
Revolving credit facility | Teekay Corporation                              
Related Party Transaction [Line Items]                              
Revolving credit facilities borrowing capacity                 25,000,000.0            
Revolving credit facility | Brookfield                              
Related Party Transaction [Line Items]                              
Revolving credit facilities borrowing capacity                 $ 100,000,000.0            
Asset Acquisition, Receivables Acquired                           $ 25,000,000  
Debt Instrument, Unused Borrowing Capacity, Amount                     105,000,000        
London Interbank Offered Rate (LIBOR) [Member] | Revolving credit facility | March 2019 Revolver                              
Related Party Transaction [Line Items]                              
Marginal rate added for interest paid (as a percent)                 5.00%            
London Interbank Offered Rate (LIBOR) [Member] | Revolving credit facility | After March 2019 Revolver                              
Related Party Transaction [Line Items]                              
Marginal rate added for interest paid (as a percent)                 7.00%            
Guaranteed by partnership and subsidiaries | Revolving credit facility                              
Related Party Transaction [Line Items]                              
Minimum liquidity (greater of)                     $ 75,000,000.0        
Minimum | Guaranteed by partnership and subsidiaries | Revolving credit facility                              
Related Party Transaction [Line Items]                              
Minimum liquidity (percent) (greater of)                     5.00%        
Brookfield                              
Related Party Transaction [Line Items]                              
Purchase price paid in cash     $ 610,000,000     $ 610,000,000                  
Brookfield | Bonds | Five-Year Senior Unsecured Bonds Maturing July 2023                              
Related Party Transaction [Line Items]                              
Debt instrument, face amount $ 500,000,000                            
Long-term debt (note 8)                     $ 423,600,000 $ 475,000,000      
Brookfield Promissory Note | Brookfield                              
Related Party Transaction [Line Items]                              
Early termination fee                     $ 12,000,000        
Teekay Offshore | Brookfield                              
Related Party Transaction [Line Items]                              
General partner's interest (as a percent)                     60.00%        
Management Companies from Teekay Corporation                              
Related Party Transaction [Line Items]                              
Business Acquisition, Percentage of Voting Interests Acquired   100.00%                          
Number of Businesses Acquired | subsidiary   7                          
Purchase price paid in cash   $ 1,400,000                          
Shuttle tankers | Affiliated entity                              
Related Party Transaction [Line Items]                              
Number of vessels | vessel                     2 3 2    
FSO Segment | Affiliated entity                              
Related Party Transaction [Line Items]                              
Number of vessels | vessel                     3 3 3