XML 92 R77.htm IDEA: XBRL DOCUMENT v3.7.0.1
Equity Financing Transactions of the Daughter Companies - Additional Information (Detail)
$ / shares in Units, $ in Thousands
1 Months Ended 3 Months Ended 12 Months Ended
Jul. 31, 2015
vessel
Jun. 30, 2016
USD ($)
$ / shares
shares
Jul. 31, 2015
USD ($)
Aug. 31, 2014
USD ($)
pool
$ / shares
shares
Nov. 30, 2013
vessel
Dec. 31, 2016
USD ($)
shares
Dec. 31, 2015
USD ($)
vessel
shares
Dec. 31, 2014
USD ($)
Subsidiary or Equity Method Investee [Line Items]                
Net cash proceeds           $ 327,419 $ 575,368 $ 452,061
Number of vessels | vessel         5      
Increase in carrying amount of non-controlling interest           338,253 535,784 412,792
Increases (decreases) to retained earnings           9,732 (152,729) 68,428
Retained Earnings [Member]                
Subsidiary or Equity Method Investee [Line Items]                
Increase in carrying amount of non-controlling interest           (4,993)    
Increases (decreases) to retained earnings           $ 9,732 (152,729) $ 68,428
Teekay Offshore [Member]                
Subsidiary or Equity Method Investee [Line Items]                
Proceeds from issuance of convertible preferred stock   $ 100,000            
Proceeds from issuance of equity, net   $ 97,200            
Teekay Offshore [Member] | Series D Preferred Stock [Member]                
Subsidiary or Equity Method Investee [Line Items]                
Units issued | shares   4,000,000            
Preferred units dividend rate   10.50%       10.50%    
Net cash proceeds   $ 61,100            
Teekay Offshore [Member] | Series D Preferred Stock [Member] | Affiliated Entity [Member]                
Subsidiary or Equity Method Investee [Line Items]                
Units issued | shares   1,040,000            
Teekay Offshore [Member] | Common Units [Member]                
Subsidiary or Equity Method Investee [Line Items]                
Payment in kind distributions, Units | shares           4,700,000    
Contributions           $ 500    
Teekay Offshore [Member] | Common Units [Member] | Petrojarl Knarr FPSO [Member] | Fair Value Asset (Liability) [Member]                
Subsidiary or Equity Method Investee [Line Items]                
Purchase of subsidiary common stock             $ 300,000  
Number of common stock issued (in shares) | shares             14,400,000  
Teekay Tankers [Member]                
Subsidiary or Equity Method Investee [Line Items]                
Increase in carrying amount of non-controlling interest             $ 168,100  
Teekay Tankers [Member] | Ship-to-Ship Transfer Business (SPT) [Member]                
Subsidiary or Equity Method Investee [Line Items]                
Number of vessels | vessel 6              
Purchase price of acquisition     $ 47,300          
Teekay Tankers [Member] | Suezmax Tankers [Member] | Principal Maritime Tankers [Member]                
Subsidiary or Equity Method Investee [Line Items]                
Number of vessels | vessel             12  
Teekay Tankers [Member] | Class A [Member] | Suezmax Tankers [Member] | Principal Maritime Tankers [Member]                
Subsidiary or Equity Method Investee [Line Items]                
Purchase of subsidiary common stock             $ 30,000  
Teekay Tankers [Member] | Class B [Member] | Ship-to-Ship Transfer Business (SPT) [Member]                
Subsidiary or Equity Method Investee [Line Items]                
Purchase of subsidiary common stock             $ 45,500  
Number of common stock issued (in shares) | shares       6,500,000     6,500,000  
Teekay Tankers [Member] | Retained Earnings [Member]                
Subsidiary or Equity Method Investee [Line Items]                
Decrease in retained earnings             $ 168,100  
Teekay Tankers [Member] | Teekay Tanker Operations Ltd [Member]                
Subsidiary or Equity Method Investee [Line Items]                
Percentage of ownership acquired       50.00%        
Commercially managed tanker pools | pool       3        
Value of the assets acquired, including working capital       $ 16,900        
Purchase price of acquisition       $ 23,500        
Teekay Tankers [Member] | Teekay Tanker Operations Ltd [Member] | Class B [Member]                
Subsidiary or Equity Method Investee [Line Items]                
Number of common shares issued for acquisition | shares       4,200,000        
Teekay Parent [Member] | Class A [Member] | Suezmax Tankers [Member] | Principal Maritime Tankers [Member]                
Subsidiary or Equity Method Investee [Line Items]                
Number of common stock issued (in shares) | shares             4,500,000  
Teekay Tanker Operations Ltd [Member] | Class B [Member] | Teekay Parent [Member]                
Subsidiary or Equity Method Investee [Line Items]                
Value of common shares issued for acquisition       $ 17,000        
Shares issued, price per share | $ / shares       $ 4.03        
Teekay Tanker Operations Ltd [Member] | Class B [Member] | Teekay Parent [Member] | Fair Value Asset (Liability) [Member]                
Subsidiary or Equity Method Investee [Line Items]                
Value of common shares issued for acquisition       $ 15,600        
Shares issued, price per share | $ / shares       $ 3.70        
General Partner [Member] | Teekay Offshore [Member]                
Subsidiary or Equity Method Investee [Line Items]                
Interest of Company's general partner           2.00%    
Payment in Kind [Member] | Teekay Offshore [Member]                
Subsidiary or Equity Method Investee [Line Items]                
Value of common units           $ 24,900    
Payment in Kind [Member] | Teekay Offshore [Member] | Common Units [Member] | Teekay Parent [Member]                
Subsidiary or Equity Method Investee [Line Items]                
Payment in kind distributions, Units | shares           2,500,000    
Preferred D Offering [Member] | Teekay Offshore [Member]                
Subsidiary or Equity Method Investee [Line Items]                
Teekay Corporation portion of purchase   $ 26,000       $ 26,000    
Net cash proceeds   $ 71,300       71,250    
Value of common units           $ 100,000    
The $4.55 Warrants [Member] | Teekay Offshore [Member]                
Subsidiary or Equity Method Investee [Line Items]                
Units issued | shares   4,500,000            
Warrants outstanding (in shares) | shares   4,500,000            
Fixed price of stock purchase warrants, per share | $ / shares   $ 4.55            
Net cash proceeds   $ 7,000            
The $4.55 Warrants [Member] | Teekay Offshore [Member] | Affiliated Entity [Member]                
Subsidiary or Equity Method Investee [Line Items]                
Warrants outstanding (in shares) | shares   1,170,000            
Fixed price of stock purchase warrants, per share | $ / shares   $ 4.55            
The $6.05 Warrants [Member] | Teekay Offshore [Member]                
Subsidiary or Equity Method Investee [Line Items]                
Units issued | shares   2,250,000            
Warrants outstanding (in shares) | shares   2,250,000            
Fixed price of stock purchase warrants, per share | $ / shares   $ 6.05            
Exercise premium percent   33.00%            
Net cash proceeds   $ 3,100            
The $6.05 Warrants [Member] | Teekay Offshore [Member] | Affiliated Entity [Member]                
Subsidiary or Equity Method Investee [Line Items]                
Warrants outstanding (in shares) | shares   585,000            
Fixed price of stock purchase warrants, per share | $ / shares   $ 6.05            
The Warrants [Member] | Teekay Offshore [Member]                
Subsidiary or Equity Method Investee [Line Items]                
Warrant term   7 years            
Period after which warrants are exercisable   6 months