Impairment and Credit Losses (Tables)

9 Months Ended

Sep. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The following are the carrying amounts of goodwill attributable to our Royal Caribbean International, Celebrity Cruises and Silversea Cruises reporting units and the changes in such balances during the quarter and nine months ended September 30, 2020 (in thousands) are as follows:

	Royal Caribbean International		Celebrity Cruises		Silversea Cruises		Total
Balance at January 1, 2020	$	299,226	$	1,632	$	1,084,786	$	1,385,644
Impairment charge	—		—		(576,208)		(576,208)
Transfer of goodwill attributable to the 2019 purchase of photo operations onboard our ships	(2,694)		2,694		—		—
Foreign currency translation adjustment	35		—		—		35
Balance at September 30, 2020	$	296,567	$	4,326	$	508,578	$	809,471

Schedule of Finite-Lived Intangible Assets

Intangible assets consist of finite and indefinite life assets and are reported within Other assets in our consolidated balance sheets. The following is a summary of our intangible assets as of September 30, 2020 and December 31, 2019 (in thousands):

	September 30, 2020
	Gross Carrying Value		Accumulated Amortization		Accumulated Impairment losses		Net Carrying Value
Finite-life intangible assets:
Customer relationships	$	97,400	$	12,446	$	—	$	84,954
Galapagos operating license	47,669		7,274		—		40,395
Other finite-life intangible assets	11,560		11,078		—		482
Total finite-life intangible assets	156,629		30,798		—		125,831
Indefinite-life intangible assets	352,275		—		30,800		321,475
Total intangible assets, net	$	508,904	$	30,798	$	30,800	$	447,306

	December 31, 2019
	Gross Carrying Value		Accumulated Amortization		Net Carrying Value
Finite-life intangible assets:
Customer relationships	$	97,400	$	7,576	$	89,824
Galapagos operating license	47,669		6,010		41,659
Other finite-life intangible assets	11,560		6,743		4,817
Total finite-life intangible assets	156,629		20,329		136,300
Indefinite-life intangible assets	352,275		—		352,275
Total intangible assets, net	$	508,904	$	20,329	$	488,575

Schedule of Indefinite-Lived Intangible Assets

Intangible assets consist of finite and indefinite life assets and are reported within Other assets in our consolidated balance sheets. The following is a summary of our intangible assets as of September 30, 2020 and December 31, 2019 (in thousands):

	September 30, 2020
	Gross Carrying Value		Accumulated Amortization		Accumulated Impairment losses		Net Carrying Value
Finite-life intangible assets:
Customer relationships	$	97,400	$	12,446	$	—	$	84,954
Galapagos operating license	47,669		7,274		—		40,395
Other finite-life intangible assets	11,560		11,078		—		482
Total finite-life intangible assets	156,629		30,798		—		125,831
Indefinite-life intangible assets	352,275		—		30,800		321,475
Total intangible assets, net	$	508,904	$	30,798	$	30,800	$	447,306

	December 31, 2019
	Gross Carrying Value		Accumulated Amortization		Net Carrying Value
Finite-life intangible assets:
Customer relationships	$	97,400	$	7,576	$	89,824
Galapagos operating license	47,669		6,010		41,659
Other finite-life intangible assets	11,560		6,743		4,817
Total finite-life intangible assets	156,629		20,329		136,300
Indefinite-life intangible assets	352,275		—		352,275
Total intangible assets, net	$	508,904	$	20,329	$	488,575

Schedule of Credit Loss

The following table summarizes our credit loss allowance related to receivables for the nine months ended September 30, 2020 (in thousands):

	Credit Loss Allowance
Balance at January 1, 2020	$	5,635
Loss provision for receivables	172,286
Write-offs	(97,092)
Balance at September 30, 2020	$	80,829