XML 58 R50.htm IDEA: XBRL DOCUMENT v3.7.0.1
Capital Stock and Stock-Based Compensation (Details)
1 Months Ended 3 Months Ended 6 Months Ended
May 31, 2017
$ / shares
shares
Mar. 31, 2017
USD ($)
$ / shares
shares
Jan. 31, 2017
USD ($)
$ / shares
shares
Mar. 31, 2016
USD ($)
$ / shares
shares
Nov. 30, 2015
USD ($)
Jun. 30, 2017
USD ($)
$ / shares
shares
Mar. 31, 2017
USD ($)
shares
Jun. 30, 2016
USD ($)
shares
Jun. 30, 2017
USD ($)
vote / shares
$ / shares
shares
Jun. 30, 2016
USD ($)
$ / shares
shares
Dec. 31, 2016
$ / shares
shares
Class of Stock [Line Items]                      
Preferred stock, shares authorized           100,000,000     100,000,000   100,000,000
Preferred stock, par value (usd per share) | $ / shares           $ 0.01     $ 0.01   $ 0.01
Common stock, shares authorized           300,000,000     300,000,000   300,000,000
Preferred stock, shares issued           0     0   0
Preferred stock, shares outstanding           0     0   0
Maximum aggregate amount for issuance of new common stock | $                 $ 13,521,000    
Proceeds from issuance of Class A common stock | $                 5,000,000 $ 0  
Stock based compensation expense | $           $ 300,000   $ 300,000 $ 600,000 $ 1,100,000  
TTOL | Entities Under Common Control                      
Class of Stock [Line Items]                      
Percentage of voting interests acquired 50.00%                    
Continuous Offering Program                      
Class of Stock [Line Items]                      
Number of shares issued             3,800,000        
Net proceeds from sales of shares of Class A common stock | $             $ 8,500,000        
Restricted Stock Units                      
Class of Stock [Line Items]                      
Restricted stock units vested (shares)           46,000   100,000 300,000 400,000  
Market value of restricted stock units | $           $ 78,000   $ 500,000 $ 600,000 $ 1,500,000  
2007 Long-Term Incentive Plan | Stock Options                      
Class of Stock [Line Items]                      
Weighted-average grant date fair value of stock options granted (usd per share) | $ / shares                 $ 0.67 $ 0.87  
Expected volatility rate                 50.20% 51.30%  
Expected life (in years)                 5 years 5 years  
Dividend yield                 5.00% 7.80%  
Risk-free interest rate                 2.10% 1.20%  
2007 Long-Term Incentive Plan | Non Management Directors                      
Class of Stock [Line Items]                      
Stock issued during period for share based compensation, value, new issues | $       $ 35,000              
2007 Long-Term Incentive Plan | Non Management Directors | Stock Options                      
Class of Stock [Line Items]                      
Stock options granted during period (shares)   400,000   300,000              
Exercise price of stock options granted (usd per share) | $ / shares   $ 2.23   $ 3.74              
Term of stock options (in years)   10 years                  
2007 Long-Term Incentive Plan | Officer | Stock Options                      
Class of Stock [Line Items]                      
Stock options granted during period (shares)   500,000   200,000              
Exercise price of stock options granted (usd per share) | $ / shares   $ 2.23   $ 3.74              
Term of stock options (in years)                 10 years    
Vesting period (in years)                 3 years    
2007 Long-Term Incentive Plan | Officers and Certain Subsidiaries Employees | Restricted Stock Units                      
Class of Stock [Line Items]                      
Vesting period (in years)                 3 years    
Common stock, granted (shares)   400,000   300,000              
Common stock aggregate values, granted | $   $ 900,000   $ 1,000,000              
Conversion basis                 1    
Class A                      
Class of Stock [Line Items]                      
Common stock, shares authorized           200,000,000     200,000,000   200,000,000
Common stock, par value (usd per share) | $ / shares           $ 0.01     $ 0.01   $ 0.01
Voting rights per share (vote per share)                 one vote per share    
Common stock, votes per share owned (vote per share) | vote / shares                 1    
Common stock, shares issued           142,200,000     142,200,000   136,100,000
Common stock, shares outstanding           142,200,000     142,200,000   136,100,000
Class A | Continuous Offering Program | Maximum                      
Class of Stock [Line Items]                      
Maximum aggregate amount for issuance of new common stock | $         $ 80,000,000.0            
Class A | Restricted Stock Units                      
Class of Stock [Line Items]                      
Number of shares issued           30,000   85,000 200,000 200,000  
Class A | 2007 Long-Term Incentive Plan | Non Management Directors                      
Class of Stock [Line Items]                      
Stock issued during period for share based compensation, shares, new issues (shares)       9,358              
Class B                      
Class of Stock [Line Items]                      
Common stock, shares authorized           100,000,000     100,000,000   100,000,000
Common stock, par value (usd per share) | $ / shares           $ 0.01     $ 0.01   $ 0.01
Voting rights per share (vote per share)                 five votes per share    
Common stock, votes per share owned (vote per share) | vote / shares                 5    
Maximum percentage of voting power                 49.00%    
Common stock, shares issued           37,000,000     37,000,000   23,200,000
Common stock, shares outstanding           37,000,000     37,000,000   23,200,000
Class B | TTOL | Entities Under Common Control                      
Class of Stock [Line Items]                      
Number of shares issued 13,775,224                    
Shares issued, price per share (usd per share) | $ / shares $ 1.88                    
Teekay Parent [Member] | Class A | Private Placement                      
Class of Stock [Line Items]                      
Number of shares issued     2,155,172                
Shares issued, price per share (usd per share) | $ / shares     $ 2.32                
Proceeds from issuance of Class A common stock | $     $ 5,000,000