(Loss) Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2016

Earnings Per Share [Abstract]

Schedule of Income (Loss) Per Share

	Year Ended December 31,
	2016 $		2015 $		2014 $
Net (loss) income attributable to shareholders of Teekay Corporation	(123,182	)	82,151		(54,757	)
The Company's portion of the Inducement Premium and Exchange Contribution charged to retained earnings by Teekay Offshore (note 15e)	(4,993	)	—		—
Net (loss) income attributable to shareholders of Teekay Corporation for basic income (loss) per share	(128,175	)	82,151		(54,757	)
Reduction in net earnings due to dilutive impact of stock-based compensation in Teekay LNG, Teekay Offshore and Teekay Tankers and Series C-1 Preferred Units in Teekay Offshore	(25	)	(227	)	—
Net (loss) income attributable to shareholders of Teekay Corporation for diluted income (loss) per share	(128,200	)	81,924		(54,757	)
Weighted average number of common shares	79,211,154		72,665,783		72,066,008
Dilutive effect of stock-based compensation	—		524,781		—
Common stock and common stock equivalents	79,211,154		73,190,564		72,066,008
(Loss) Earnings per common share:
- Basic	(1.62	)	1.13		(0.76	)
- Diluted	(1.62	)	1.12		(0.76	)