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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
OPERATING ACTIVITIES      
Net income $ 62,855 $ 179,635 $ 60,538
Non-cash items:      
Depreciation and amortization 104,149 73,760 53,292
Loss (gain) on sale of vessels 20,594 (771) (9,955)
Unrealized gain on derivative instruments (9,679) (8,193) (8,281)
Equity income (13,101) (14,411) (5,228)
Other 9,270 2,266 (1,450)
Change in operating assets and liabilities 44,496 (25,880) (50,904)
Expenditures for dry docking (8,608) (39,617) (17,072)
Net operating cash flow 209,976 166,789 20,940
FINANCING ACTIVITIES      
Proceeds from long-term debt, net of issuance costs 906,149 688,695 98,796
Repayments of long-term debt (162,092) (40,029) (20,367)
Prepayment of long-term debt (979,877) (191,592) (167,000)
Net advances from affiliates 0 (825) (17,376)
Equity contribution from Teekay Corporation 0 0 1,267
Acquisition of the SPT Explorer and Navigator Spirit from Teekay Offshore Partners L.P. 0 (31,870) 0
Cash dividends paid (46,847) (15,139) (10,165)
Proceeds from equity offerings, net of offering costs 7,558 242,264 111,190
Net financing cash flow (275,109) 648,800 6,405
INVESTING ACTIVITIES      
Proceeds from the sale of vessels and equipment 27,550 11,080 154,000
Expenditures Principal Maritime Vessel acquisitions 0 (612,000) 0
Expenditures for vessels and equipment (9,226) (236,229) (2,084)
Deposit for vessel purchase 0 0 (3,700)
Investment in term loans 0 0 1,179
Acquisition of SPT 0   0
Net investing cash flow 36,824 (881,969) 109,806
(Decrease) increase in cash and cash equivalents (28,309) (66,380) 137,151
Cash and cash equivalents, beginning of the year 96,417 162,797 25,646
Cash and cash equivalents, end of the year 68,108 96,417 162,797
Ship-to-Ship Transfer [Member]      
INVESTING ACTIVITIES      
Acquisition of SPT   (45,581)  
Entities under Common Control [Member]      
FINANCING ACTIVITIES      
Proceeds from long-term debt, net of issuance costs 0 0 10,368
Repayments of long-term debt 0 (4,632) (3,309)
Equity contribution from Teekay Corporation to Entities under Common Control 0 1,928 3,001
High-Q Joint Venture [Member]      
INVESTING ACTIVITIES      
Acquisition 3,500 1,000 1,950
Teekay Tanker Operations Ltd [Member]      
INVESTING ACTIVITIES      
Acquisition 15,000 (239) (6,494)
Tanker Investments Ltd [Member]      
INVESTING ACTIVITIES      
Acquisition $ 0 $ 0 $ (35,045)