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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2021
Fair Value Disclosures [Abstract]  
Fair Value Measurements, Recurring and Nonrecurring
The following table includes the estimated fair value, carrying value and categorization using the fair value hierarchy of those assets and liabilities that are measured at their estimated fair value on a recurring and non-recurring basis, as well as certain financial instruments that are not measured at fair value on a recurring basis.
 
December 31, 2021December 31, 2020
 
Fair Value Hierarchy LevelCarrying Amount Asset/ (Liability)
$
Fair Value Asset/ (Liability)
$
Carrying Amount Asset/ (Liability)
$
Fair Value Asset/ (Liability)
$
Recurring:
Cash, cash equivalents and restricted cash (note 16c)
Level 155,92855,928103,146103,146
Derivative instruments (note 11)
Interest rate swap agreementLevel 2550550(886)(886)
Freight forward agreementsLevel 2(4)(4)
Non-recurring:
Operating lease right-of-use assets (note 19)
Level 21,7991,799
Vessels and equipment (note 19)
Level 259,25059,250
Assets held for sale (note 19)
Level 240,85440,85431,68031,680
Equity-accounted joint venture (note 5)
Level 29,1749,174
Other:
Short-term debt (note 8)
Level 2(25,000)(25,000)(10,000)(10,000)
Advances to equity-accounted joint venture (note 5)
Level 23,7803,7805,280Note (1)
Long-term debt, including current portion (note 9)
Level 2(320,291)(325,509)(242,961)(248,738)
Obligations related to finance leases, including
  current portion (note 10)
Level 2(294,481)(306,386)(360,043)(411,740)
(1)The advances to its equity-accounted joint venture, together with the Company’s investment in the equity-accounted joint venture, form the net aggregate carrying value of the Company’s interests in the equity-accounted joint venture in these consolidated financial statements. The fair values of the individual components of such aggregate interests as at December 31, 2020 were not determinable