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Revenue (Tables)
6 Months Ended
Jun. 30, 2020
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
The following tables contain the Company’s revenue for the three and six months ended June 30, 2020 and 2019, by contract type, by segment and by business lines within segments.
 
Three Months Ended June 30, 2020
 
Teekay LNG
Liquefied
Gas
Carriers
Teekay LNG
Conventional
Tankers
Teekay
Tankers
Conventional
Tankers
Teekay
Parent
Offshore
Production
Teekay
Parent
Other
Eliminations
and Other
Total
 
 
 
$
$
$
$
$
$
$
Time charters
135,761


34,986


4,096


174,843

Voyage charters
10,383


207,926




218,309

FPSO contracts



28,787



28,787

Management fees and other
2,061


3,580


55,225


60,866

 
148,205


246,492

28,787

59,321


482,805



 
Three Months Ended June 30, 2019
 
Teekay LNG
Liquefied
Gas
Carriers
Teekay LNG
Conventional
Tankers
Teekay
Tankers
Conventional
Tankers
Teekay
Parent
Offshore
Production
Teekay
Parent
Other
Eliminations
and Other
Total
 
 
 
$
$
$
$
$
$
$
Time charters
133,684

2,369

1,496


8,078

(2,487
)
143,140

Voyage charters
8,858


191,495




200,353

Bareboat charters
6,129






6,129

FPSO contracts



57,828



57,828

Management fees and other
2,020


14,016


39,911

(1,000
)
54,947

 
150,691

2,369

207,007

57,828

47,989

(3,487
)
462,397


 
Six Months Ended June 30, 2020
 
Teekay LNG
Liquefied
Gas
Carriers
Teekay LNG
Conventional
Tankers
Teekay
Tankers
Conventional
Tankers
Teekay
Parent
Offshore
Production
Teekay
Parent
Other
Eliminations
and Other
Total
 
 
 
$
$
$
$
$
$
$
Time charters
266,306


50,553


9,053


325,912

Voyage charters
17,700


525,404




543,104

FPSO contracts



74,720



74,720

Management fees and other
4,086


12,435


96,602


113,123

 
288,092


588,392

74,720

105,655


1,056,859


 
Six Months Ended June 30, 2019
 
Teekay LNG
Liquefied
Gas
Carriers
Teekay LNG
Conventional
Tankers
Teekay
Tankers
Conventional
Tankers
Teekay
Parent
Offshore
Production
Teekay
Parent
Other
Eliminations
and Other
Total
 
 
 
$
$
$
$
$
$
$
Time charters
264,459

5,131

4,906


14,347

(2,487
)
286,356

Voyage charters
18,018


413,572




431,590

Bareboat charters
12,191






12,191

FPSO contracts




107,266



107,266

Management fees and other
3,005


26,690


84,301

(2,129
)
111,867

 
297,673

5,131

445,168

107,266

98,648

(4,616
)
949,270


Revenue from External Customers by Products and Services [Table Text Block]
The following table contains the Company's total revenue for the three and six months ended June 30, 2020 and 2019, by those contracts or components of contracts accounted for as leases and by those contracts or components not accounted for as leases.
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2020
 
2019
 
2020
 
2019
 
 
$
 
$
 
$
 
$
Lease revenue
 
 
 
 
 
 
 
 
Lease revenue from lease payments of operating leases
 
390,407

 
359,140

 
876,590

 
747,933

Interest income on lease receivables
 
12,877

 
12,969

 
25,543

 
25,763

Variable lease payments  cost reimbursements (1)
 
13,658

 
13,307

 
26,848

 
25,316

Variable lease payments – other (2)
 

 
16,320

 
5,218

 
27,152

 
 
416,942

 
401,736

 
934,199

 
826,164

Non-lease revenue
 
 
 
 
 
 
 
 
Non-lease revenue  related to sales-type or direct financing leases
 
4,997

 
5,714

 
9,537

 
11,239

Management fees and other income
 
60,866

 
54,947

 
113,123

 
111,867

 
 
65,863

 
60,661

 
122,660

 
123,106

Total
 
482,805

 
462,397

 
1,056,859

 
949,270

(1)
Reimbursement for vessel operating expenditures and dry-docking expenditures received from the Company's customers relating to such costs incurred by the Company to operate the vessel for the customer.
(2)
Compensation from time-charter contracts based on spot market rates in excess of a base daily hire amount, production tariffs based on the volume of oil produced, the price of oil and other monthly or annual operational performance measures.