Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2019

Segment Reporting [Abstract]

Disaggregation of Revenue

The following table includes the Company’s revenues by segment for the three and six months ended June 30, 2019 and 2018:

	Revenues
	Three Months Ended June 30,				Six Months Ended June 30,
	2019		2018		2019		2018
	$		$		$		$
Teekay LNG
Liquefied Gas Carriers(1)	150,691		112,172		297,673		217,221
Conventional Tankers	2,369		10,143		5,131		20,400
	153,060		122,315		302,804		237,621
Teekay Tankers
Conventional Tankers(1)	202,277		171,659		434,778		340,124
Teekay Parent
Offshore Production	57,828		66,429		107,266		132,399
Other	47,989		46,183		98,648		98,127
	105,817		112,612		205,914		230,526
Eliminations and other	(3,487	)	(944	)	(4,616	)	(8,607	)
	457,667		405,642		938,880		799,664

(1) The amounts in the table below represent revenue earned by each segment from other segments within the group. During 2019, Teekay Tankers' ship-to-ship transfer business provided operational and maintenance services to Teekay LNG Bahrain Operations L.L.C., an entity wholly-owned by Teekay LNG, for the LNG receiving and regasification terminal in Bahrain. Also during 2019, the Magellan Spirit was chartered by Teekay LNG to Teekay Parent. During 2018, certain vessels were chartered by Teekay LNG to Teekay Parent. Such intersegment revenue for the three and six months ended June 30, 2019 and 2018 is as follows:

	Three Months Ended June 30,		Six Months Ended June 30,
	2019	2018	2019	2018
	$	$	$	$
Teekay LNG - Liquefied Gas Carriers	2,487	1,439	2,487	9,418
Teekay Tankers - Conventional Tankers	1,000	—	2,129	—
	3,487	1,439	4,616	9,418

Income (loss) from Vessel Operations by Segment

The following table includes the Company’s income (loss) from vessel operations by segment for the three and six months ended June 30, 2019 and 2018:

	Income (Loss) from Vessel Operations(1)
	Three Months Ended June 30,				Six Months Ended June 30,
	2019		2018		2019		2018
	$		$		$		$
Teekay LNG
Liquefied Gas Carriers	74,244		9,445		144,687		53,990
Conventional Tankers	433		1,060		(649	)	(18,343	)
	74,677		10,505		144,038		35,647
Teekay Tankers
Conventional Tankers	5,051		(13,415	)	37,148		(21,836	)
Teekay Parent
Offshore Production	(5,987	)	5,541		(18,544	)	12,423
Other	(2,278	)	(710	)	(6,947	)	(5,808	)
	(8,265	)	4,831		(25,491	)	6,615
	71,463		1,921		155,695		20,426

(1) Includes direct general and administrative expenses and indirect general and administrative expenses (allocated to each segment based on estimated use of corporate resources).

Reconciliation of Total Segment Assets

A reconciliation of total segment assets to total assets presented in the accompanying unaudited consolidated balance sheets is as follows:

	June 30, 2019		December 31, 2018
	$		$
Teekay LNG – Liquefied Gas Carriers	5,207,739		5,188,088
Teekay LNG – Conventional Tankers	13,748		39,450
Teekay Tankers – Conventional Tankers	2,118,499		2,106,169
Teekay Parent – Offshore Production	361,785		311,550
Teekay Parent – Conventional Tankers	—		13,056
Teekay Parent – Other	91,683		25,224
Teekay Offshore	—		233,225
Cash and cash equivalents	235,199		424,169
Other assets not allocated	130,348		70,153
Eliminations	(32,983	)	(19,414	)
Consolidated total assets	8,126,018		8,391,670